Global Economic Collapse

Written By Nick Hodge

Posted December 7, 2012

What’s your worst fear?

Mine would have to be losing everything I’ve worked so hard for, both tangible and intangible.

I know this fear is more widespread now than it has been in a long time.

The housing and market collapses of 2006 and 2008 only made this fear more acute. Those who weren’t wiped out have been waiting for something even worse ever since, myself included.

While major market indexes are back to — or even higher than — their 2008 levels, it hasn’t felt like much of a recovery. You would’ve had to nail the bottom just to recoup your losses.

I believe your fear of losing everything is justified.

But it’s not going to be a single, isolated event that does it. It’s going to be a slow, systematic dismantling of your liberty, sovereignty, and wealth.

You have reason to be concerned. And reason to prepare. Because it’s already happening… Those in power know it — and are, at worst, actively encouraging it. At best, they are complacent.

What’s worse, they continue to stoke your fears of isolated events — Iran, North Korea, Israel, West Nile, Zombie Apocalypse — while the most damaging events continue to take place right under your nose.

Great injustices are occurring and will continue. And some of the offered solutions will only make them worse — intentionally or unintentionally.

Identifying and counteracting them is vital to your continued well-being.

On and On

The problems that caused the original crisis a few years ago are still rampant. And with no real way to combat them, global governments have done what any family would do: They’re protecting their own.

Above all, that means politicians and bankers… but many executives and companies are in the inner circle.

For starters, that’s why instead of bailing out the middle class, trillions have been spent bailing out banks and corporations. Have you seen any benefits from that?

That’s only one way they’ve protected their own while leaving you vulnerable.

You see, these men see the writing on the wall. They drew up the plans for it, after all. And now that it’s run out of control, they’ve gone into protective mode, caring only about themselves at all costs.

This is why Jon Corzine stole clients’ money. This is why Zuckerberg and his banking underwriters took the money and ran from the Facebook (NASDAQ: FB) IPO (now down a third), leaving the common folks holding the bag as always. It’s why HSBC laundered money for drug cartels, terrorists, and rogue states. It’s why Barclays, JPMorgan, Bank of America, Citibank, and Deutsche Bank conspired to manipulate the London Interbank Offered Rate (LIBOR), controlling the “free market” of $360 trillion worth of loans and financial contracts worldwide.

These things erode your way of life, your purchasing power, and your ability to succeed financially.

Not only are they aware of this… It’s their goal. They see you and me as their meal ticket.

They make their billions and million-dollar bonuses by pushing bad loans on you, charging crazy fees, inventing products you can’t understand or benefit from (derivatives, credit default swaps, flash trading), or outright stealing.

And the people sworn to protect you — you know them as Congress — are either in on the ruse, or on the payroll. But instead of envelopes of cash, we call it “campaign finance” or “lobbying.”

Seriously, have you seen your leaders take any steps to do something for you?

Not at all…

But they’ll talk at length about Israel or Ahmadinejad or the fiscal cliff or the Royal pregnancy… or anything at all to keep you distracted from having your future pulled out from under you.

If banks were taken off the Fed IV, they’d die. Single family loans insured by the Federal Housing Administration that are more than 90 days past due number close to 800,000, as the government started to insure the bad loans once reserved only for our finest bankers.

We produce nothing but fake money — now over $2 billion per day! — which makes all your dollars worth less.

This year we’ll see the lowest cyclical peak in gross domestic product (GDP) since the 1970s…

U.S. GDP since 1800s

The ten largest debtor nations on earth have total debts more than 300% higher than world GDP. That $70 trillion in debt is the collateral for $700 trillion in global derivatives — or 1,200% of global GDP.

That’d be like if you were $100,000 in debt and asked the local bank to front you $1.2 million to leverage up.

Once the first debtor default domino falls (Greece? Spain? Italy?), the rest will soon follow. Then the banks are done (where’s your money?), which means the collapse of finance (if we can still call it that)…

Bonds evaporate. World trade, energy prices, and agriculture collapse next. And…

Well, I think you get the idea.

You could, in all reality, wake up one morning to have your greatest fear realized: Everything you’ve worked so hard for… gone.

Again, that’s why those who know it’s coming are getting (stealing?) all they can now.

And it’s also why they’ve been conditioning you to be a sheep, so the revolt will be easier to control.

They’re conditioning you to:

  • Be poked and prodded at will (see: TSA, warrantless DNA collection, radio frequency tracking of students)

  • Be subjected to routine invasions of privacy (NSA agents have said “everyone in the U.S. is under virtual surveillance” — there are cameras at every intersection and toll booth, and domestic drones have been approved are are being used)

  • Accept harsh punishments for violating trivial rules while facing none themselves (man jailed for junk in his yard; parent fined for toddler peeing on their property; shutting down of lemonade stands; fines for having your own garden)

And they’re making a bold attempt to paint anyone who points this out as “crazy,” or “on the fringe”…

Homeland Security has advised liberty lovers and gun rights advocates be labeled as “domestic terrorists.”

Both parties conspired to keep libertarians (remember how Ron Paul was treated at the convention?) in the margin this election.

The dots are out there. More and more people are connecting them. And the emerging picture doesn’t look too good.

Take time to really identify what’s important to you, and start taking the steps to secure it now.

Remember, if you’re not holding it in your hand… it’s not really yours.

Precious metals, guns, land, food, and self-reliance are the world’s real currency. It’s no coincidence these items are the ones those in control want you to have the least of.  

Call it like you see it,

Nick Hodge Signature

Nick Hodge

follow basic@nickchodge on Twitter

Nick is the founder and president of the Outsider Club, and the investment director of the thousands-strong stock advisories, Early Advantage and Wall Street’s Underground Profits. He also heads Nick’s Notebook, a private placement and alert service that has raised tens of millions of dollars of investment capital for resource, energy, cannabis, and medical technology companies. Co-author of two best-selling investment books, including Energy Investing for Dummies, his insights have been shared on news programs and in magazines and newspapers around the world. For more on Nick, take a look at his editor’s page.

*Follow Outsider Club on Facebook and Twitter.

Angel Pub Investor Club Discord - Chat Now