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Egypt in America?…Oh Really?

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Egypt in America? That is what one title in Drudge Report said today. There are thousands of people protesting in Wisconsin…But wait, is it not  too early for these things to happen in USA? It hasn’t even started yet. Let me repeat a statement from one of my old blogs “Keep eye on unfolding storm in Europe in coming years, multiply it with 10 times to know what is coming at America….There would be a time when bringing food on the table will be more important than keeping gifts under the Christmas tree”. Riots are already raging in the entire middle east. Europe and  may be  the Asian countries would follow at the later stage…and Don’t forget the good ol’ Japan….Whatever happens to the world, the Grand Finale WILL be played in the Superpower United States of America.

Here are some titles from Drudge report (they are not mine).

Unrest in Iran, Algeria, Yemen, Morocco, China [and Wisconsin]…..70,000 protesters (in Wisconsin)…Capitol Chaos: State Patrol Goes After Senators, Schools closed; teachers call in ‘sick’…’There is a fear…’, Protests Spread to Ohio..and…Michigan…and…’Coming To Minnesota‘…and guess what?…The question: Egypt in America?

Oh really? Did you not know it was coming? Do people even know what is the future going to be like?

Here are some pics of the protests

This is what happens when the entitlements go away…which WILL continue to go away at much rapid pace in the future as the western world will continue to pay the cost of the fake prosperity of 40 years, built on the foundation of the phony economy.

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The only difference being, in Egypt it was the younger generation that participated in the revolution, while in Europe and America it will be the older generation that will be on the streets (because their entitlements of pensions and social security will be worth less by that time)..…yes, the credit cards will be shutdown too along with the internet…and believe me the events will continue to unfold for several years before it gets better…We never learnt to live within our means…We spent the money we didn’t have and now we are even out of people’s money….There will be a day when the credit card will be maxed out…As food gets out of reach  for the common man we  may see the same happening in China, India and several other countries. (Read new Call for ‘Jasmine Revolution‘ in China). Note the most important point here –  Whatever triggers the protests and riots all around the world, the root cause will be the  same – “The price of the FOOD”. The current protests raging in the middle east are more about the “FOOD Inflation” and less about the dictatorship…and here is the root cause  of the “Inflation” – The FIAT Money System without Gold standard that leads to the unlimited Credit and Debit – IMAGES: The world’s top 25 debt-ridden nations.

The next Superpower will be the one that will replace the Fiat currency with the sound money backed by something tangible. This is exactly why the China is buying gold on a massive scale recently…while the dumb countries are printing more of the paper money. The Indians are getting more corrupt by every passing day and the Americans are running after lady Gaga “that’s a nice condom dress you’re wearing“.. Chinese are collecting Gold while the world’s middle class is marching towards the Financial Guillotine. Good Luck all!!

99% of people are still in denial about what lies ahead in the future… I wish I am wrong, but most probably, our children’s world is going to be much different than ours…please take time to prepare them for the future…. We are entering an economic, social and political climate unlike anything we have ever seen in our lifetimes. (I have been telling my friends in USA and back in India to buy gold and silver when it was Rs.10,000 and Rs.20,000 respectively. Now Gold is at Rs.20,000+ and Silver at Rs.48,000+. That time here in USA it was $750 and $10…Now it is $1400 and $32 as of yesterday. Disclaimer: don’t believe in my words, do your own research in taking investment decisions)

Both these metals have to rise a LOT (until our eyeballs pop out) before they stabilize…Buy these metals on every dip going forward…(note the word “DIP”) this is the only insurance of the future (No government in the world is going to save you).….and Sell them when you shall see people standing in line to buy Gold and Silver (but do it before we hit the Bread lines at the latter stage)….Gold and Silver are the only true currencies of the world….at least for the foreseeable future…All paper money (especially US Dollar, UK Pound, EU Euro, Japanese Yen and Indian Rupee) is nothing worth more than the paper it is printed on.

Here are my couple of recent blogs:

It doesn’t take a genius to figure out that we are living in the greatest debt bubble in the history of the world and that at some point the world financial system is going to crash (this is not a typo, I mean the world). The world financial system is a house of cards. There is no longer a question of IF it will happen but only WHEN and HOW. Unfortunately, 99.99% of the world lives in blissful ignorance of this reality. American Empire on the Verge of a Collapse?

The American empire is going to fall..but we DO NOT have to fall with it. Titanic is going to sink and there are some people that will not believe it until they are under water.  Many societies have collapsed in the past. Few saw it coming. Fewer still were prepared for that ugly day when the collapse happened.

more later…

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Why do I write all this? I just want to make, all those interested, aware about where we as a society are heading, so that they can protect their future generations to a possible extent. It is going to be very very ugly before it will be better. In my view, our children's world is going to be entirely different than what we have seen. We have already consumed the resources of our future generations. What we have left for them is an empty bag and the consequences of our actions (without the knowledge that it is us who are responsible for the mess our children will be in) ...while I write this I also wish that I am absolutely wrong...and our future generations will live in a better world than ours. DISCLAIMER: All the content of my blogs is presented for educational and/or informational purposes only. Under no circumstances should it be mistaken for professional investment advice, nor is it intended to be taken as such.


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2 Responses to "Egypt in America?…Oh Really?"

  1. Vasudevan says:

    Hello,

    You have written

    QUOTE

    Both these metals have to rise a LOT (until our eyeballs pop out) before they stabilize…Buy these metals on every dip going forward…(note the word “DIP”) this is the only insurance of the future (No government in the world is going to save you).….and Sell them when you shall see people standing in line to buy Gold and Silver (but do it before we hit the Bread lines at the latter stage)….

    UNQUOTE

    My question to you: If we sell the gold and silver (when people are queuing up for them) and if all the world’s paper money is not worth what it is printed on, what do we sell gold and silver for? In exchange for what?

  2. Mahendra Joshi says:

    Hello Vasudevan,

    Gold and Silver can be sold against tangible assets like real estate or against a new currency possibly (if something comes up by that time which is backed by Gold.)

    When the hyperinflation hit Germany in 1920’s a nice size house was selling for 1 ounce of Gold…Once the hyperinflation was gone the gold dropped and real-estate rose substantially. Those who did not have “real” money were wiped out.

    Let me quote from a news link – “When Germany experienced hyperinflation, which began to set in earnest around January 1919, it took 170 Germany Marks to buy one ounce of gold. By November 30, 1923, it required 87 trillion Marks to buy one ounce of gold.”

    Can you imagine something going from 170 to 87 trillions? This was the reality.

    This is a short reply for now. I plan to write more on the effects of Hyperinflation and how the middle class gets wiped out in these events. It has happened at least 8 times in the last 100 years, most of the population became absolutely poor within the span of few days. ..Unfortunately, we are on the way to see something like this, unless some drastic measure are taken NOW…which politicians never do, hence my confidence in the possibility of such an event happening.

    Hope this helps. more later..

    Mahendra Joshi

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