Weekly Dose of Doom and Gloom

Welcome Preppers and Survivalists,

Before we begin this week's dose of doom and gloom, I would like to point out that some folks have started to say that the collapse will happen in 2013. Yes, 2013!!!

Guess what?

Yep, you guessed it. These same folks have predicted that the collapse would happen in 2009, 2010, 2011, and 2012.

So, you still have one more year to prepare before the collapse ; - )

All joking aside.

There is always the possibility of a major collapse of these United States, and every other country on this planet, as we will see in a few moments.

So, we need to prepare.

But,

We need to make sure that we are also preparing for the more likely events such as winter storms with power outages, motor vehicle accidents, house fires, unexpected career change (laid off), and many more likely events that would affect our lives and the lives of our families.

So, back to the "Weekly Dose of Doom and Gloom"


It's Speading
First up is an article found at Spiegel: Online.

This article is important for the prepper because it shows that China is starting to suffer from the slowdown in the 'western nations.'

Link:
Spiegel: Online - Unrest Spreads as Growth Stalls
http://www.spiegel.de/international/europe/0,1518,802308,00.html


Eurozone Banking Problems, Again
I have written about the importance of credit to modern businesses. To recap: Business borrows money to expand production lines, start new ventures, purchase supplies, and ... If credit, rightly or wrongly, dries up or becomes difficult for a business to access, business will slow down until the business can save the cash or close its doors.

Since most of us work for a business, the business's access to credit could affect our lives, positively or negatively.

Well, according to The Telegraph, it seems that the eurozone's major lenders are having difficulty raising money.

So,

No money for the banks, means no money for the businesses, means no money for the worker, means no money for imports from these United States, means no money for exporters, means no money for their workers, means no money for the people those workers buy from, means ...

Global Depression!!!

Link:
The Telegraph - Eurozone Banking System on the Edge of Collapse
http://www.telegraph.co.uk/finance/financialcrisis/8947470/Eurozone-banking-system-on-the-edge-of-collapse.html


Mortgage Interest Rates Rising?
It seems mortgage rates are increasing in Great Britain, according to The Telegraph.

For the prepper, it's a concern because the cost of borrowing is increasing. Just like the article above this could start a vicious cycle of ever increasing interest rates leading to a massive increase in food, fuel, and shelter costs.

Global Hyperinflation!!!

Link:
The Telegraph - Eurozone Crisis Forces Up Mortgage Rates for UK Home Owner
http://www.telegraph.co.uk/finance/personalfinance/borrowing/mortgages/8946433/Eurozone-crisis-forces-up-mortgage-rates-for-UK-home-owners.html


Lastly, because I don't know how the world is going to turn out, here is an article from io9 that kind'a covers how I feel.

Link:
io9 - The Next 50 Years: Why I’m Optimistic Because Everything Will Be Terrible
http://io9.com/5863186/the-next-50-years-why-im-optimistic-because-everything-will-be-terrible

TEDx Brussels - John Shirley (The Video)
http://tedxbrussels.eu/2011/speakers/john_shirley.html