Tag Archives: economic collapse

Episode-822- Mike Gasior on The Current Economic Reality for Jan. 2012

Posted on January 17, 2012 by Modern Survival| 24 Comments
Episode-822- Mike Gasior on The Current Economic Reality for Jan. 2012 [ 1:33:01 ] Play Now | Play in Popup | Download

Mike  Gasior has held a host of securities licenses and industry designations. He has authored ten textbooks on investments and the investment markets, and over 700,000 people worldwide read his monthly newsletter.

His breakthrough radio program “Big Money with Mike Gasior”, which aired worldwide on the VoiceAmerica Radio Network, was one the first shows ever to focus on the needs, concerns and issues faced by the world’s largest investors and Mike is a regular guest on the “Naked Short Club” show in London.

Mike is also a prepper and a good friend of the TSP Community.  Today he joins us to discuss…

  • What MF Global was really all about and how it might matter to you
  • Why people should really be mad at Wall Street other then simple “corporate greed”
  • What is high velocity trading and why should you care
  • Why people are now paying a premium for a “shorter cable” LITERALLY
  • Three movies you should see to better understand the current situation
  • Mike’s view on municipal defaults and where we disagree
  • The real danger we have right no is that we don’t know what’s next
  • Why prepping is the best solution in Mikes view right now

Additional Resources for Today’s Show

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.

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Episode-812- My Thoughts on 7 of Our Biggest Global Threats

Posted on January 3, 2012 by Modern Survival| 29 Comments
Episode-812- My Thoughts on 7 of Our Biggest Global Threats [ 1:02:28 ] Play Now | Play in Popup | Download

I try to keep things positive but hey there is a reason we all prep right.  From individual disasters, to regional SHTF events to the reality of some global threats.  Today I am going to take a look at some of the big threats, what I think the probability of them are and what I feel the ramifications would be.

Join Me Today As We Discuss

  • Pandemic
  • Nuclear Disaster/War
  • Global Economic Meltdown
  • Global Conventional War (is it possible?)
  • Long Term Power Grid Failure (solar or EMP)
  • Global Food Shortage
  • Peak Oil

Additional Resources for Today’s Show

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.

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Episode-781- Fernando FerFAL Aguirre on Surviving an Economic Collapse

Posted on November 9, 2011 by Modern Survival| 50 Comments
Fernando FerFAL Aguirre on Surviving an Economic Collapse [ 1:18:55 ] Play Now | Play in Popup | Download

Surviving the Economic Collapse is a First Hand Account of a Modern Economic Collapse

Fernando “FerFAL” Aguirre is 31 years old and lives in Buenos Aires, Argentina, with his wife and two children. He started writing about urban survivalism after experiencing first hand the socioeconomic collapse of his country in 2001. The everyday experience of living in Argentina after the collapse provides Fernando a wealth of experience that he shares with his readers through his blog and book.

Fernando is the author of “Surviving the Economic Collapse” which has been a Emergency and Disaster best seller since its release in 2009.  He brings a voice of realism to this topic of economic collapse.

Basically Fernando’s message is everything the TV and Hollywood have told you bears very little resemblance to reality.

Join Fernando and I today as we discuss…

  • What exactly happened in Argentina in December of 2001
  • What can Americans learn from what happened in Argentina
  • What can we do now to protect ourselves from what is coming
  • The role of precious metals in a collapse economy
  • Why cash is still king in a economic collapse
  • What effect does an economic collapse have on criminal activity
  • Why small town rural areas beat out both remote retreats and cities
  • Setting up effective home security
  • The role dogs play in home security
  • What to carry in way of guns, knives and other defensive tools
  • Learning to defend yourself in real combat scenarios
  • Why bugging out may be leaving the country at certain times

Additional Resources for Today’s Show

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.

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Episode-770- Modern Financial Survival

Posted on October 25, 2011 by Modern Survival| 43 Comments
Episode-770- Modern Financial Survival [ 1:15:12 ] Play Now | Play in Popup | Download

Yesterday I stated that we are about to in effect go into the middle of a financial war.  I am not sure the analogy was fully understood it wasn’t so much about fighting the battle but more about the way that even if good is the end result how many can be harmed in the process.

This resulted in a litany of people trying to nit pick about the justification for WWII, why the US prospered after the war, etc.   Such people are literalists that don’t comprehend analogies and tell “ants are socialists”, when you tell them the ant and grasshopper story.

Today I will revisit a few things people took exception to (very briefly) and will spend most of the show outlining my “modern financial survival guide” for the coming future.

Join Me Today as We Discuss…

  • Is the Catholic Church calling for a “World Bank” and global tax or not
  • What exactly do I mean by a financial war
  • Why do I believe so emphatically that I am right about the coming collapse
  • What I think you need to do to be financially prepared for the future
    • Get rid of debt (especially floating rate debt)
    • Try to save at least 20% of your income (6 months security)
    • Know your exit points for every investment
    • If you are in stocks by only the best companies
    • Do not hold any and I mean any long term bonds
    • Keep an eye on TIPS Bond Yields
    • Remember most “experts” on TV are actually idiots
    • Develop your local community
    • Don’t bet on any government money (specifically @ 100%)
    • Consider land as the best investment (not houses)
    • Increase your financial IQ daily – start with vocabulary
    • Focus on gaining some % of self sufficiency with the 5 needs
    • Try to be as “cash rich” as possible
    • Don’t act in fear, think before you do anything
    • Do not listen to conventional wisdom during unconventional times
    • Remember the prepared can always profit and prosper

Additional Resources for Today’s Show

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air

 

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Episode-760- What Have You Done With My Country

Posted on October 11, 2011 by Modern Survival| 53 Comments
Episode-760- What Have You Done With My Country [ 1:07:08 ] Play Now | Play in Popup | Download

I have a ton of things on my mind after coming back from Salt Lake City based on questions that were asked in the booth.  Many subjects came up but the number one was…

When will the economy collapse and what will that collapse look like?

The people asking this ran the spectrum from tin hat types to normal every day people who were just concerned about their families.  What shocked me the most was I would tell them what I thought, Fernando Aguirre who went though a collapse in Argentina got up on stage and told them what a collapse looks like and our words were almost identical.  Yet most of those asking questions were not very receptive to the answer to their own questions.

Today I am going to go into this subject again, I will discuss the role of the Fed, debt and the elite banking layer play in it and what you must do to be prepared for it.

Join Me Today to Discuss…

  • What ever the TV, novel or guy selling how to stuff says is probably wrong
  • Yes a second “great depression” is bad enough
  • Why the Fed must go and how bad it will hurt at first
  • How money is currently created and how you are taxed with inflation
  • Why a “gold standard” won’t fix the problem
  • The cold hard facts about downward class migration
  • What a 50% inflation rate means to you
  • The coming depression that has already begun
  • Why I believe one last period of false hope will proceed the big crash
  • Why time lines are less important then destinations
  • What you need to start doing right now
    • Reduce debt
    • Reduce expenses
    • Build skill sets
    • Increase self sufficiency percentages
    • Build community
    • Protect your existing assets
    • Become informed about your surroundings
    • Perform a risk assessment
    • Have both bug in and bug out plans
    • Have faith in the future

Additional Resources for Today’s Show

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.

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Episode-725- Mike Gasior on the Current Economic Mess

Posted on August 16, 2011 by Modern Survival| 57 Comments
Episode-725- Mike Gasior on the Current Economic Mess [ 1:15:53 ] Play Now | Play in Popup | Download

Mike Gasior is with us today, Mike is a consummate expert, he has authored ten textbooks on investments and the investment markets, and over 700,000 people worldwide read his monthly newsletter.

His breakthrough radio program “Big Money with Mike Gasior”, which aired worldwide on the VoiceAmerica Radio Network, was one the first shows ever to focus on the needs, concerns and issues faced by the world’s largest investors and Mike is a regular guest on the “Naked Short Club” show in London.

He is also the founder of AFS Seminars in 1989 after spending time with several Wall Street firms and a major European bank. In his teaching he uses anecdotes and lessons drawn from his lifetime of experience with economics, investments and the financial markets to deliver knowledge with a dynamic, interactive teaching style that I find to be among the best in the industry.

And we are fortunate to have him here with us today on The Survival Podcast.

Please Note – Mike’s voice became somewhat distorted at the very end of today’s show.  During the recording session he sounded fine on my end and there was no way to correct it after the fact.  I did my best to clean it up but there are limits to what can be done with such distortions.  I am going to suggest to Mike that he come fully into the 21st century and get a Skype account for future interviews.

Additional Resources for Today’s Show

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.

 

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Episode-721- Tom Kowitz on the Last 4 US Goverment Defaults

Posted on August 10, 2011 by Modern Survival| 12 Comments
Episode-721- Tom Kowitz on the Last 4 US Goverment Defaults [ 1:23:09 ] Play Now | Play in Popup | Download

Tom and his Radio Counterpart Michelle Gaudin

So the main stream media just spent the last 6 months scaring the crap out of everyone in regard to the “debt ceiling crisis”, stating over and over, “for the first time in history the US could default on its debts”.  As the title of today’s show indicates once again the main stream is not just wrong but completely incompetent.

To gain a better perspective of these events and our current financial mess I have enlisted Tom Kowitz of the Baldy and the Blonde Show from WGSO 990 AM in New Orleans to come on TSP and help us gain a greater understanding past defaults and the nation’s economic future.  If you often feel “money isn’t a survival topic”, you need to listen to this show, it will put it in a much more clear perspective for you.

Join me today as we discuss…

  • A bit on our current political nonsense about the debt ceiling
  • Why a AA+ rating of US credit is a joke
  • The history of currency changes and defaults in the last 100 years
    • 1913  Federal Reserve Act (from hell)
    • 1933 Confiscation of gold, and the federal government’s refusal to honor the gold clause in its bond contracts (this was a full-on default); Federal Reserve Notes now redeemable for silver instead of gold.
    • 1945 Bretton Woods Agreement established the dollar as the world’s reserve currency and the only currency convertible into gold (which means massive amounts of U.S. dollars had to be exported, which is precisely what happened in the few years after WWII)
    • 1965 The Coinage Act of 1965 eliminated silver from US coins (except half dollars, where silver content was cut from 90 percent to 40 percent) and gave us the junk we’re using today. (Default on all coinage)
    • 1968 Silver Certificates no longer redeemable for silver (another default)
    • 1969 Special Drawing Rights created by the IMF (1 SDR = 1 US dollar). SDR’s were created in part because of the concern that the U.S. wasn’t circulating enough dollars, and without a LOT of dollars out there, the dollar could not serve as the reserve currency.
    • 1971 Nixon closes the gold window; foreign central banks can no longer convert dollars into gold. This seems to me to be another default. There were way too many dollars out there. (Full on default by the US to the entire world)
    • 1978 IMF establishes a goal of making the SDR the principal reserve asset in the international monetary system. They straight-up announced their plan to put the entire world on a new monetary system.

Additional Resources for Today’s Show

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.

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Episode-654- A Look Back to August of 2008

Posted on April 29, 2011 by Modern Survival| 7 Comments
Episode-654- A Look Back to August of 2008 [ 2:38 ] Play Now | Play in Popup | Download

So today I am on the road taking the RV up to Arkansas so there isn’t a new show but there is a rebroadcast of a show from August of 2008, I did this to expose new listeners to some of the early days.  It is also in response to a lot of recent questions about how I was able to call the 2008 crash.

The reality is the writing was clearly on the wall already. This again was in August a full month before the September fall off of the cliff.

Warning – While the introduction was recorded in the studio the majority of the episode is from the time I was doing the show in the car and BEFORE I sorted out the audio to a reasonable level.  In other words the audio quality sucks, try to focus on the content.

Tune in today to hear my thoughts in 2008 about…

  • A surplus of 5 years worth of ready to go residential lots and what that means to the economy
  • How the real estate bust is slamming into other industries like the Title Industry
  • How banks are building less new branches despite the very low cost of commercial construction right now
  • The stated and REAL reason many banks are ‘getting out of the student loan business’
  • The harsh reality every business must face when revenue and business declines
  • What the decisions of banks tell us about what’s coming next
  • Our responsibility for the clowns in government running our country today
  • The declining work ethic of the American worker
  • How everyone is actually “self employed”
  • The impact of our migration to a “service based economy”
  • Why you really need to prepare for hard times NOW
  • How we let our government officials keep their jobs with a 9% approval rating
  • Why storing food, saving money and protecting your wealth is a hell of a lot more important right now then “main battle rifle” or a “survival knife”
  • Thoughts on how Americans could use the economy as a weapon in a “bloodless by not painless revolution” (just a sneak peak more to come on this later)

Additional Resources for Today’s Show

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.

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Episode-576- Seven Deadly Cracks in the U.S. Economy

Posted on December 22, 2010 by Modern Survival| 41 Comments
Episode-576- Seven Deadly Cracks in the U.S. Economy [ 1:15:03 ] Play Now | Play in Popup | Download

I authored an article yesterday you can read at The Real Truth About Money called “Seven Deadly Cracks and The False Recovery” (Link).  I didn’t want to do this episode today so close to Christmas but I can’t get this out of my head.

The things I will tell you today and the components of the article I will expand upon you really need to know about and be prepared for.

We are about to enter a very dangerous time, a period that will be lauded as recovery, I have been saying this was coming for over two years now.  Today I will show you the how and why behind it and the seven deadly cracks that will eventually allow the dam to break.

Join me today as we discuss…

  • Reasons things seem to be getting better
  • How inflation creates the illusion of recovery
  • The real reasons behind the initial crash
  • The Seven Deadly Cracks
    • The collapse of the housing market is still in full swing
    • High unemployment that isn’t getting better
    • The majority of US States are near bankruptcy
    • Many cities and municipalities are near bankruptcy
    • The US is 13 Trillion dollars in debt and climbing
    • The deficit in 2010 was over 1.4 trillion dollars and it will be as bad in 2011
    • FAS 157 Voodoo Keeping Bankrupt Banks Appearing Profitable
  • What you can do about this
  • Protecting your wealth in the future
  • Why holding some cash is something you must do despite inflation
  • Debt must go NOW, here’s why
  • My outlook is positive as always, the wold is going on sale again!

Resources for Today’s Show

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.

Photo Credit Above to Wicky1 via Flickr

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Episode-526- Controlling Economic Fear and Moving Forward

Posted on October 7, 2010 by Modern Survival| 7 Comments
Episode-526- Controlling Economic Fear and Moving Forward [ 1:03:23 ] Play Now | Play in Popup | Download

Last night I spent over two hours with some great folks on a PalTalk session in the Gold and Silver chat room discussing hyperinflation and prepping in general.  These were great people but I think a lot were surprised that my recommendation wasn’t just buy lots of precious metals and yes soon the sky is going to fall.  My view is there is a tremendous amount of fear in the market that sells gold and silver and that is part of the issue.  Yet the problem is bigger, advice flies around the alternative space like…

  • Clean out your 401K now, penalties be damned
  • Sell every stock you own now the market is going to crash in 5 days
  • Put 100% of your money into gold it is the only safe place
  • Just get a gun and you can take what ever you need
  • Screw it stay in debt when TSHTF no one will be around to collect it
  • “They” are going to destroy everything anyway

In the end we must understand that there is really no “they” there is only us, now us is a big group and we know many of us are idiots and many are greedy but many are also good people.  In the end though it is still us, nothing more and nothing less.  We will take the course most of us choose, that course looks really bad right now but it doesn’t mean the good people give up, stop building their own lives, etc.

Join me today as I discuss…

  • Exactly what is inflation vs. simple money devaluation
  • What makes inflation “hyper inflation”
  • What is deflation and why it can and still does happen
  • What gold, silver, etc can and can not do for you
  • Why you need some cash
  • Weimar vs. Russian and Argentinian Hyperinflation
  • Keep in your mind the 5 things we really need
    • Food
    • Water
    • Shelter
    • Energy
    • Security
  • Why land is really your best investment
  • Why an defeatist attitude is poison to your life
  • The attitude you must have going into the next shift
  • Why in the end it all comes down to you

Resources for Today’s Show

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.

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