Poor Man Survival
Self Reliance tools
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ISSN 2161-5543
A Digest of Urban Survival Resources
The Tariff Soap Opera: Similar
to Policies of Herbert Hoover
Here’s a different perspective on the trade
war, one I do not fully subscribe to but I like to provide other theories which
are plausible. Just today I read how a
Chinese maker/seller of a popular head lamp which was sold on Amazon was taken
to court after a MD couple’s home burned down [caused by this defective
product]. The couple tried to sue Amazon
also but the court dismissed charges against the giant retailer…however, my
point is Americans unwittingly purchase many defective Chinese products as I
had pointed out previously [like Chinese wall board which contained black mold
which were sold to builders in FL after devastating hurricanes a few years
back]
As I predicted in my article 'Trump
Trade Wars A Perfect Smokescreen For A Market Crash', published in March
2018, as well as in my article 'The
Trade War Distraction: Huawei And Linchpin Theory', published in December
2018, the U.S./China trade dispute has escalated into an all-out war with no
end in sight. The claims of many analysts and skeptics a year ago that the
trade war would be over quickly and that China would fold to U.S. tariffs has
been proven incorrect. The reason why these analysts got it so wrong centers
primarily on their misunderstanding of the true purpose behind the events.
The goal of this war is not to
balance the U.S. trade deficit or pursue more fair circumstances for U.S.
exports and imports. The intention of the Trump administration is not to fight back
against Chinese "exploitation" of U.S. markets. Nor is it Trump's
intention to undermine globalist structures or agreements in order to bring
back American manufacturing (a carrot held out to Americans for a long time to
lure them into supporting destructive policies such as dollar devaluation).
On the contrary, the real
purpose of the trade war is to provide a distraction massive enough to cover
for the controlled demolition of the U.S. economy and parts of the global
economy by globalists and central banks.
The tariff soap opera and most of Trump's other foreign and
domestic policies are eerily similar to those of Herbert Hoover just before the
advent of the Great Depression. This is probably not a coincidence. The
narrative for an economic collapse rivaling that of the Great Depression has
been set, and the root circumstances are very similar.
Since the crash of 2008, the U.S. has been suffering a slow
grinding decline in fundamentals (the collapse of an empire often takes time).
The response of central banks has been to slow the crash using stimulus
measures and near zero interest rates, but this strategy was not meant to
reverse U.S. economic decline. The purpose of QE was meant to inflate an even
larger bubble than before, one that would encompass every aspect of the economy
including the dollar; a bubble that when popped would devastate the U.S.
specifically and create panic around the world.
Now, the stimulus phase of the globalist agenda is over. U.S. M2
money supply growth has been decelerating and now hovers near 10-year lows,
while stimulus measures have evaporated in most countries except China. Global
dollar liquidity has been dwindling as the Federal Reserve continues to cut its
balance sheet unabated.
This would explain why U.S. equities are struggling to stay afloat
despite the fact that corporate buybacks
of stocks have increased to historic highs in 2019. Central banks, most
importantly the Fed, are no longer propping up the system; the life support
plug has been pulled and the parts of the economy that have been dependent are
taking their last breaths.
The trade war situation as it is now is not enough of a
distraction in my view, however. At least one more major event with global
ramifications (or perceived global ramifications) is needed by the elites
before they can implode the 'Everything Bubble' without taking the blame for
the consequences.
Trade war shock and awe
There are several powder kegs that exist today that would serve
the purpose of occupying the minds of the masses while the globalists finalize
the crash. As noted, I predict the trade war as it stands will continue to
accelerate unabated until the plunge in fundamentals and equities is complete.
We haven't seen anything yet as far as trade war chaos.
The U.S./China trade conflict has the potential to become an
economic world war, with multiple countries beginning to take sides. Japan and
the U.K. have opted to support U.S. interests, which is not surprising since
China and Japan have hated each other for generations and the U.S. is the
U.K.'s strongest economic partner in the wake of the Brexit. Already some
people are declaring this to mean that the U.S. will gain the majority of
global support and crush China.
But keep in mind, as I outlined and evidenced in my recent article
'America
Will Lose The Trade War Because That Is What Globalists Want To Happen', the trade war itself
is a farce on both sides of the Pacific, as both China and the U.S. are
controlled by the same financial power centers (like the Bank for International
Settlements). As this scenario moves forward, I believe many analysts will find
themselves shocked as more and more nations start taking China's side in the
conflict.
The most powerful option China has at its disposal is the dumping
of U.S. Treasurys and the dollar as the world reserve currency. China has
established very close economic ties with key nations over the past decade,
including Russia, Germany, India, Australia and even Saudi Arabia. Do not be
surprised if most if not all of these nations support China in the trade war.
China has yet to fully retaliate against the latest increase in
U.S. tariffs. When it does, the attack will be far larger than cutting off
purchases of U.S. agricultural goods. The next escalation could be the trigger
than sends the crash into overdrive.
Iran war looming
War with Iran at this time makes no sense whatsoever unless you
look at it from a globalist perspective. The globalists are the only group that
stands to gain from such catastrophe as war with Iran would seal the fate of
the U.S. economy. The most immediate threat would be the potential shutdown of
the Strait of Hormuz by Iran, which would take nothing more than sinking a few
large cargo vessels along the narrow and more shallow portions of the straight,
placing mine fields or staging anti-ship missiles within striking range. The
subsequent explosion in oil prices would be devastating to the global economy
and the U.S. economy in particular.
In the longer term, complete destabilization of the Middle East
would result beyond what we have already seen, and the costs to taxpayers as
well as the cost in American lives would be high. Beyond this, the distraction
would be epic and very effective. This event coupled with the trade war would
fulfill the globalist narrative that the Trump administration and the
conservatives that support him are a "menace" to global stability.
Any financial crash at that point would undoubtedly be blamed on Trump as well
as his supporters.
Currently, the mainstream media is very quiet on the Iran
situation despite the sudden shift of U.S. military resources to the region,
which leads me to believe that a conflict is being planned in the near term.
Brexit finalized
This event may not be concluded until the end of this year, but I
still maintain as I always have that the Brexit is a staged distraction that
will be exploited by globalists. The "rise of the populists" in
Europe and the U.S. at the exact same time that central banks began withdrawing
liquidity and at the exact same time that fundamentals began to plummet is no
coincidence.
I believe the Brexit will conclude and that the U.K. will indeed
leave the EU. The latest announcement of Theresa May's resignation seems to
indicate that this will be the case. Sovereignty activists will cheer the
outcome, and then things will start to go horribly wrong. European markets will
tank, and major banks will announce insolvency. The panic felt in 2008 will
return and hit the EU and the U.K. hard, and the Brexit movement will get the
blame while central banks escape any culpability.
Only one of these events is needed to initiate the next stage of
economic collapse, but it is likely we will see all three occur in due course.
While the current crash started at the end of 2018, the year of 2019 will
probably be the one that is most remembered as the beginning of Great
Depression 2.0.
To truth and knowledge,
To truth and knowledge,
|
|
Brandon
Smith
Freedom Self-Reliance Action
Yours for
smarter living,
Bruce ‘the
Poor Man’
USEFUL
RESOURCE
When people talk about preparedness, they're usually
referring to food, water, first aid kits, emergency radios, and all the other
usual suspects. Most people don't think about hammers, shovels, chainsaws, and
other common tools, but they really should. After a disaster, they will really
need those tools.
One obvious example: A hurricane or tornado has
partially crushed a home, and a family is trapped inside. You might need a
flashlight, a sledgehammer, and a pry bar to get them out. Even if there isn't
a life-or-death situation like that, you still might need tools to repair
damaged doors, roofs, and windows. Or a chainsaw to chop up downed trees in the
middle of the road.
The point is, preppers should take time to acquire
emergency tools and put them in a safe location. But which tools? In this
video, Survival Dispatch shows off 15 tools you should have and explains why
you'll need them. Here's the list...
Additional FREE Resources
Living Frugally In Suburbia
You live differently than your neighbors.
You live differently than your neighbors.
14
Frugal Food-Rescuing Tips from Grandma
These depression-era frugal tips still work today!
These depression-era frugal tips still work today!
8 Simple Ways to Put More Money in Your Pocket
Have more money without working harder!
Have more money without working harder!
Knowing
When and How to Stockpile Groceries
Stocking up could save your grocery budget!
Stocking up could save your grocery budget!
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