There are many different opinions out there about what will most likely cause the S to finally HTF. Some people say that it will be a sudden natural disaster such as a hurricane, earthquake, or major sunspot activity that will be the trigger point. Other people think that a prolonged drought could finally break the back of the food supply system. Still other individuals believe that our own government will cause the need to bug out with increasingly invasive and repressive policies. And there are a few individuals that think that the situation will be caused by an attack by terrorists or a foreign country with nuclear weapons (including suitcase nukes) or an EMP strike.
All of these possible scenarios would have huge economic fallout, but not many people seem to consider that their need to put their survival skills to use could be caused simply by a failure of the economy. Why should you even think about this? Because this scary statistic indicates that this is a more likely scenario than you may think:
“Since this time last June, stocks have crashed in 6 of the world’s 8 largest economies, and stocks in the other two are down as well.”
This statement made by Michael Snyder June 17, 2016 (hat tip to here for the source) implies bigger issues are going on. He continues by writing,
“Let’s talk about China first. The Chinese economy is the second largest on the entire planet, and since this time last year Chinese stocks are down an astounding 40 percent…”
“Japan has the third largest economy in the world, and over the past year Japanese stocks are down a total of 26 percent from the peak…”
Germany, the United Kingdom, and France (the 4th, 5th, and 6th largest economies in the world respectively) are all hurting, too.
Why bring this up? Because crashing economies cause people to panic. They cause basic services to be stopped or “temporarily” suspended as governments run out of the money to provide them. And, in the case of China, for example, these countries with a hurting economy are selling off U.S. debt like crazy, which makes it harder for the U.S. government to keep spending without restraint.
Historically, when a government gets in this kind of bind, they do one of two things: they stop working (suspension of services) which means many people who were dependent on the government will find themselves in incredibly desperate situations. Desperate people do scary things. The second possibility, historically-speaking, is more government control, a virtual martial-law if you will, as those in power seek to stay in power and prevent chaos and a societal collapse.
Both possibilities are scary, and you should probably have your bug out bag ready to go because these statistics do not bode well for us.
What do you think these statistics mean? Tell us below.