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.. People Do Not Become Aware Until it is Well-Underway
What Lord Rothschild said today should send chills. A day after Japan announces it will "experiment" with negative interest rates, the patriarch of the Worldwide Central Banking System .. nevermind System, "Super-Governmental Authority" is a better term, says the following ...
https://www.rt.com/business/356148-rothschild-experiment-world-economy/
“The six months under review have seen central bankers continuing what is surely the greatest experiment in monetary policy in the history of the world. We are therefore in uncharted waters and it is impossible to predict the unintended consequences of very low-interest rates, with some 30 percent of global government debt at negative yields, combined with quantitative easing on a massive scale, .... growth remains anemic, with weak demand and deflation in many parts of the developed world... "
This "greatest experiment in history" Lord Rothschild speaks of is the brainchild of his family, but now even he is beginning to see the logical conclusion .. IMPLOSION! "RIT Capital Partners", an investment fund of which he is the chair, is reducing stock positions and loading up on gold .. this is a classic hedge against calamity.
But the thing is, the rapidly approaching calamity is not just part of a cycle, which we will recover from, as always .. "experiments" are not part of a natural cycle - when this experiment ends, when it fails, you can not reset the world economies and start again.
I will briefly refer to one my preceding post, which was properly ignored because it lacked the above context.
What Do We Do to Prepare!?
Buy, mine or steal at least 10 Bitcoin - add to this over time, but lock in 10 at the current price.
Store these Bitcoins in a wallet that you control, entirely - not on a centralized exchange. Check out Bitshares / OpenLedger for alternatives.
Forget you own these coins for 5 - 10 years, or until the collapse of the current financial system, whichever comes first.
Why do you need them? Simple, nothing else will have any value if the shit-hits-the-fan (layman's terms) - well, nothing else will have value 'and' be available/usable to purchase anything - you certainly won't be carrying around a sack o gold. According to most estimates (by BTC evangelists), 1 BTC will be worth between $5k - $30k in 5-10 years, if that conversion still has any meaning.
If we still have Internet as infrastructure, Bitcoin will spend, even if the US green-back becomes only valuable as firestarter. If however Internet is lost in the fall then we're entirely screwed - brush up on your survival skills.