by Rick Ackerman, Rick Ackerman.com:
A bad dream jolted me awake one morning last week: the economy had crashed, the banks were shuttered, commerce had ceased, the stores were stripped bare and rioting was everywhere. This bleak vision is not unusual for anyone who has imagined what the U.S. economy is going to look like when the ponderous hoax that sustains it has been fully revealed.** What was most troubling about the dream was that the collapse evidently had taken me and my friends by surprise. The survivalist inventory that we were supposed to have kept in our basements had gone unfulfilled. Still worse, the things we needed most were nowhere to be acquired: food for six months, medical supplies, batteries, ammo, emergency generators, toilet paper, etcetera. In the dream, a friend, a successful financial adviser who has provisioned his retirement generously, was scurrying around town on a vintage motorcycle with a sidecar, trying to scrounge essentials that he had not thought to store against a civilizational emergency.
A Stark Fact – Do we dare doubt that such a day awaits? If you’re having trouble sorting out the possible reasons why, and if you can’t quite wrap your mind around the certain, deflationary collapse of the banking system’s quadrillion-dollar derivatives bubble, consider just this one fact:
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