It's one thing to read and talk about the coming economic collapse, it's quite another to watch it go down. The unpleasantness of this subject is one of the main reasons people I know refused to consider our work. So many Americans don't want to think about the possibility of losing everything. Our citizens exist in some kind of weird "happy" zone where everything will be "fine," and everything they own is really theirs, even when they're making monthly payments on most of it.
In the early days I tried my best to get my friends and family to read some of the financial things I was finding, especially the ones who own property and businesses. They pooh poohed me with all kinds of reasons why they didn't need to know anything. As years went by and nothing "major" happened to the U.S. economy, my decision to not go into anymore debt, to not buy another "real" house or invest my time in a career and regular employment looked pretty stupid. Every now and then, I get a call or an email from an old friend who says they "heard" I'm living in a tent in rural Alaska and what the hell is up with that? I never explain anymore that the whole system is crashing and this is my hedge against homelessness, because that's not an acceptable topic of conversation with lower-middle class people. I own my gertees, no bank can close or repo them, and even if something happens and I do lose it in other ways, I know how to build more of them. I'll have a warm, comfortable round room for my family to call "home" until there's no land left to put it on.
The people who recommended investing in gold and silver are being proven right. I think the communitarian plan to rebuild the world is going into hyperdrive.
Rense.com has a lot of good links to articles in the current news about Morgan Stanley and how a Chinese investor could end up with 49% of their stock. That sure plays into Nordica's theory that hidden Chinese women playing ma jong are the ones pulling the NWO strings.
Anyway, I sure hope all our readers, supporters, friends, family and loved ones are prepared for a very rough winter. It's all about quality of life now, isn't it?
'The World As We Know It Is Going Down'
By Marc Pitzke in New York
"Panic is the word of the hour on Wall Street. Now even Morgan Stanley is fighting for survival. The commercial bank Wachovia and China's Bank Citic are being discussed as possible rescuers. The crisis has led President Bush to cancel a trip."