The Collapse is Here… Are You Prepared?

Date: December 11, 2015

The Collapse is Here…Are You Prepared

The US economy is in deep trouble. Actually alot deeper trouble than you may care to think.

The founders of this country understood that the job of the federal government was to make sure that our economy was based on the bedrock foundation of a sound currency, reasonable but limited regulation and the rule of law. Our present government has failed miserably on all three fronts and these failures are set to send our entire country into a tailspin from which we may never recover.

1) Debt. Our country’s national debt is $18,774,508,469,789.00 at this moment and rising by the second. Yes, you read that properly, that is 18 trillion 774 billion 508 million dollars!

That is debt you did not sign up for and is in your name. And you know who holds most of this debt? Foreign countries like China hold over 6 trillion dollars of it. This debt puts alot of the value of the very money in your pocket into question.

It is a matter of time until the rest of the world decides that we have finally borrowed so much that we are no longer a good credit risk. This is what has happened to every borrower empire throughout all of history and we are no different. So on the question of sound money our government is a massive failure. Not only have our government placed us on a debt spiral that is leading our country off a cliff but they have decided that the best way out of any financial trouble we have is the printing of more money.

2) Regulation. The federal code book of regulation which lists all the federal regulations in the United States had, in 1949, 19,335 pages of regulations in it. By 2011 that number had risen to 169,301. This massive increase in the amount of rules and regulations imposed by Washington on the rest of us has a huge cost that is choking our economy.

Instead of providing valuable services to our fellow citizens, we now must spend more time and more money trying to comply with the ever increasing demands from our federal government. When it comes to regulation our government is a massive failure.

3) Rule of law. This is related to the above regulatory figures. There comes a tipping point where the amount of rules that exist in a society reach a point where no citizen could possibly comply with all of them. In fact it becomes impossible to even be aware of all of them.

What happens then and what is happening now to all of us now, is that instead of living in a country where we are bound by the rule of law we all just have to hope that we never gain the attention of the state. If they shine their light upon us they are sure to find something we have done “wrong” as it is almost impossible to avoid it thanks to the sheer quantity of the rules we have to follow.

The best thing you can do in a situation as dire as the one we are facing as a country economically is to first become aware of the problem and second make sure that your personal wealth is protected and out of the reach of the ever growing hungry hand of Uncle Sam.

One way alot of smart investors hedge against the coming economic collapse is the purchase of physical gold bullion. Besides being the physical asset with the longest and most stable history as a store of value gold bullion directly owned and stored in a vault outside of the United States does not have to be reported to the government.

If the government begins confiscating assets to avoid a total meltdown as happened recently in Cypress and has happened in US history gold that you own in foreign country will be beyond their reach. For these reasons gold is and has been a great hedge against not just weakening paper currencies but against greedy and acquisitive governments.