When The S.H.T.F.

While mankind has been predicting its own end nearly since the beginning of society - perhaps never has the feeling of such an occurence seemed more probable. This blog will dig into the various threats - real or perceived - that seem to be pointing to the collapse of the modern human structure.

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Friday, January 24, 2014

Peddling Fear And Armageddon On BIN?

IF you are not aware of the website Before It's News - you might want to check it out - http://beforeitsnews.com/ as it has certainly staked out the 'far edge' of politics and the SHTF scenario positionings; which makes for some very interesting reading. One problem.... once you have been reading the same extreme stuff for about 6 months to a year --- you certainly begin to wonder if what it all is about is peddling Fear in our very uncertain world.

Common themes on BIN (Before It's News) can be found in our own SHTF index in the sidebar. For example - on today's top stories only (so to limit the endless list) you can find:
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I plan to do this again a few months ago... you will see the theme. The real loonies had control of BIN in 2012, now that element is largely shut up. Anyway, thought I'd share this angle on BIN.
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Lots of good stuff is in the archive - take a look at the sidebar for much more.
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Sunday, January 12, 2014

World Economy - "1930's Style Debt Defaults Coming" - IMF Research (CNBC Link)

The majority of people who still haven't become sheeple, are well aware that the fiat money system could collapse any time from tomorrow, to three decades from now. This CNBC link suggests that the IMF is really planning for that to become a reality. DEFAULTS LIKELY SAYS IMF, YES are talking about countries now - well beyond municipal defaults like Detroit, etc.


"It is clear that governments should be careful in their assumption that growth alone will be able to end the crisis. Instead, today's advanced country governments may have to look increasingly to the approaches that have long been associated with emerging markets, and that advanced countries themselves once practiced not so long ago," they said.
Delving into the realms of history, they detail the widespread default by both advanced and emerging European nations on World War I debts to the United States during the 1930s. The research suggests that "collective amnesia" of this history has led to current policies that in some cases risk exacerbating the final costs of deleveraging.
The economists suggest that there are five different outcomes in dealing with this debt and highlight a "prototype" recovery period from their previous research. Economic growth is discounted as being too rare by both economists and austerity packages (as seen in Europe since the financial crash of 2008) are deemed as being insufficient. Instead, the size of the problem suggest that debt restructurings would be needed, they add, particularly in the periphery of Europe. The solution they propose, based on a typical sequence of events in history, shows some combination of capital controls, financial repression (like an opaque tax on savers), inflation, and default.
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