If you have read my previous posts in regards to food and hyperinflation you know that I think food prices are going to go up and we may also have food shortages.
In addition to storing up storable food you may want to consider planting a food garden.
I am new at this and I actually find planting a garden a little intimidating. However I was able to plant a few fruit trees and hopefully I will get ambitious enough to start a small garden this year as well.
Lindsay Williams is often a guest on a radio show I listen to. I have been following what he says because it continues to come true. Please search Lindsay Williams on this blog to get some background information.
What has he claimed in the past?
When oil was $147 a barrel he said it would be $50 a barrel and has since stated it will stay below $50 for awhile.
The Arab world is going to go into a state of bankruptcy and will no longer be able to buy our US Treasury Bills (used to pay off the interest on our national debt)
There is going to be a financial collapse in the United States of America that is going to be so great that it would take years to come out of it.
What is Lindsay saying now?
OPEC is no longer buying the US Treasury Bills because they have lost 3/4 of their income in 4 months time due to the low oil prices.
Since OPEC is not buying t-bills anymore the Federal Reserve (as of 1 week ago) for the first time ever will start buying US t-bills.
Within the next 30 to 60 days there is going to be tax shortfalls (due to less taxes from a lower gasoline price) and states will become desperate and in some cases bankrupt.
The dollar will totally collapse 9 to 12 months from now.
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