The Greek Financial Crisis - What's Happening Around the World?

The Greek Financial Crisis – Which Country Is Next?

It seems to be only a matter of time before all the currencies of the world become worthless. As they say, history repeats itself, and paper currencies have never survived in the past, so what makes you think they will survive today?
In the midst of global upheaval, massive and growing indebtedness, low interest rates and more speculative bubbles on the way, the vulnerability of fiat money grows by the day. And the average person still seems to be unaware of the possible consequences of this.

As governments keep on bailing out the banks, as countries and states have to be bailed out, where will it all end? Whoever thought that governments would support the idea that banks are “too big to fail?” I can understand that in connection with the utilitarian purposes of banks which is to provide a service to people so that they can exchange goods and services more easily. It’s a bit like the utility companies so they say, where we need to have electricity and gas, so the government steps in and bails them out if they get into trouble.

However, what about the speculative ventures of these huge financial institutions? Should taxpayers really have to come in and bail out these so-called financial wizards who have continued to risk their investor’s money in huge speculative deals that have gone bad? This cannot be right, but again, the average person doesn’t have a deep understanding of what is going on and in some ways although we haven’t got a physical war in most western countries, there is a war going on against us which is about robbing us blind through inflation, which reduces our purchasing power, through luring us into more debt through low interest rates, through tempting people who rely on interest on their savings into more speculative investments…it goes on and on and whilst the sheeple are still asleep and listening to mainstream media to idiotic statements like “the jobless recovery” and believing that we are coming out of a recession, nothing much will change and millions of people will lose huge amounts of their wealth overnight.

It’s happening folks. I was a bit too young to see what went on in my own family. My father took out an insurance policy in the 1950’s which would pay out $2000 25 years later. This was enough money to buy a house outright. He paid in faithfully year after year, but he wasn’t savvy enough to see that there was high inflation on the horizon, and he continued to pay into his policy. When it came to maturity, that $2000 wouldn’t even give him a 10% down payment on a property. All his wealth had been eroded. He never really recovered.

And we have a similar situation today. We are on the verge of economic breakdown, the powers that be are frantically trying to hold everything together, but sooner or later, as we all know, there are consequences for our actions.

This is going to get much much worse. Try to prepare for it.
I have written a book “handbook for surviving the global financial crisis” – just a pocketbook sized publication to give you tips so you can not only survive but thrive in the coming changes.

Remember, get out of debt, don’t do anything speculative unless you really know what you are doing, get some physical gold and silver if you haven’t already done so, and store some supplies of food and water in case of an emergency.

It’s advisable to take action sooner rather than later – once a panic starts it will be much more difficult to get supplies. Prepare for the worst and hope for the best.