Episode 8: The Economy in the Danger Zone




The Great Northern Prepper » Podcast show

Summary: Today once again I talk about the economy not to inundate you with economic stuff but to help you understand better how close we are to the precipice and why you need to up your prepping now, rather than later. We will talk about the governments wants to nationalize the retirement accounts and how they are possibly doing that already as well as why the worlds central banks, governments and billionaires are all betting big on inflation, currency devaluation and gold. We have the power to help ease the pain we will feel when this house of cards come tumbling down, and we also have the power to assist each other and the unprepared. We need to be involved in our communities and spread the word of liberty and freedom so that when these same people come back with their snake oil carts we can make sure those around us and around the nation say NO WAY, PACK IT UP AND MOVE IT ON DOWN THE ROAD Show Notes: I was wrong in the info i stated about the FED to GDP ratio.  historically its been 6% and it is now 19%, the link is to the original article. U.S. Economy added 96,000 jobs in August. We need 250,000 just to keep up with population growth. Unemployment rate dropped from 8.3% to 8.1% which sounds great except the only reason it did was that around 300,000 people just stopped looking for work! Article on the Fed talking about the “risks” posed by Money Market Accounts which were created in the Mid 70′s My Section on Precious Metals Investing and Why Silver is the best bet Post on Russian Gold, and my thoughts on the economy Article on Inflation over the past 800 years, very descriptive and shows you the big hockey stick up since the Fed was created. Briefly mentioned the site www.purreview.com about the info on water contaminants in Tap Water