normalcy bias and demise of the US dollar

by sam_micheal | September 6, 2011 at 04:11 pm
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Please watch this instructive video:

http://www.stansberryresearch.com/pro/1011PSISBBVD/6PSIM807/PR

It will take a while to listen and watch but i assure you, it's well worth it.

Growth is NOT the solution - i've stated this for years..

http://urbansurvival.com/week.htm is the url for George Ure's weekly update..

George's website relates to the first in that both question the 'stability' of the US dollar and 'security' of American investments.. Gas, bread, and other staples will skyrocket in price soon.. How can we deal with this? Porter states: “normalcy bias is our collective expectation that presumes nothing disastrous will happen because it hasn't happened before” (paraphrased). As he eloquently states: several European countries have already succumbed to bankruptcy. Reserve currency refers to the predominant role of a national currency such as the British pound for international trade (before the American dollar gained predominance). 12% depreciation in recent US dollar exchange rate? Signs of things to come..

“Massive inflation” .. “crisis of epic proportions” .. “hyperinflation” .. “massive foreign bailouts” .. “46 states face huge budget shortfalls” .. “selling government buildings” .. “releasing prisoners” .. “bank managers in denial” .. “legalizing gambling and drugs” .. “secret high-level meetings rejecting the US dollar as a reserve currency” .. “China bails on US dollar” .. “US dollar credit cards losing favor” .. “local currencies gaining predominance” (no Federal law against use of such) .. “IMF recommends world currency over the US dollar” .. “43 million Americans on food stamps” .. “print more money” .. “actual unemployment rate much higher than reported” .. “American corporate tax kills American businesses” .. “AAA credit rating falls to nearly zero” (number of companies) .. “for-profit universities scam on federal funds based on homeless 'students'” .. “looming currency crisis is inevitable”..

“Have basic food, water, and medical resources for your family for a six-month period.”

  1. Put some of your money 'beyond the reach of the US government'.

  2. Acquire the safest assets during this period of upheaval: gold and silver.

  3. Learn the '100% secret': investment without loss (has some risk).

  4. Own the asset that will save your family: (a corporate secret of Porter).

https://order.stansberryresearch.com/PSI/6PSIM807/location.html

^^ is this the latest scam or for real? God protect us.. God protect us..

Addendum: i wanted to deliberately contrast George vs Porter. Clif, George's employer (inventor of the Web-Bot program), also 'pushes' the concept of normalcy bias. When i heard Porter speak, i thought 'for sure' this was Clif speaking.. ^^ i guess not.. Porter seems to be a person interested in personal gain based on demise of the US dollar and impending economic chaos.. George and Clif are more about informing people how to survive the impending chaos.. So.. Use your own judgment.. Is George (and Clif) trustworthy? Is Porter trustworthy? You must look at what they have to gain for their advice. Porter wants you to pay just to get points 3 and 4 above. George wants you to buy his book: $10 for 65 pages of survival tips.. ^^ You decide.. ;)

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sam_micheal

From George's latest weekly-update:

"Consequently, I  tend to go out of my way to keep a low profile and keep an eye on the clock.

It may not be the bravest thing to do, but I'm getting to be an old man and doing battle with the beast and my idea of gardening is not working a prison farm.

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People behave according to the wishes of authority if they perceive the cost of protest would be higher than the cost of compliance.  If you don't want to run the risk of being pulled over by the black SUV crowd, in fairness, most are likely honest but you're bound to run into an occasional bad apple in every basket of the good ones.

 

This is not a story likely to make national news because its just under the perception threshold of major media.

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But did I mention that one of the reasons we bought a plane was because we still hold that as long as a person is not breaking laws, they should be able to move around the country unimpeded?


But even so, there's still the road to the airport...and buzz from those few moments of near absolute freedom in 3-dimensions quickly fade as the3 runway threshold returns and we all come down to earth."
.. i have a feeling i will 'go down' in battle with the beast..

0
LHope

I'm not familiar with George and Clif, but I have watched the Stansberry video.  Very compelling information.  I believe everything he is stating.  But I'm not buying anything anyone is selling.

What does it all mean?  Visit WordPress blog for article: 7 World Powers of Bible Prophecy /United States-Great Britain, #7 – Part 2, The Economy (http://wp.me/pA0rG-1AH)

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