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Page added on January 15, 2018

Prepare For The Imminent Economic Collapse 2018

Will the US Economic Collapse Happen in 2018? The economic forecast for 2018 is more than bleak, and there is more than enough economic data out there to show there could be an economic collapse and stock market crash in 2018.

352 Comments on "Prepare For The Imminent Economic Collapse 2018"

JuanP on Tue, 16th Jan 2018 9:31 am

Mm “Its not about you being prepared its about everyone else not being prepared!” That is true, but I am not responsible for other people’s actions, only my own. How about you? You can be part of the problem or part of the solution. I chose the latter. Even if I can’t use my supplies because I am dead someone else did. Fire for a lifetime or pizza tonight? Your choice! And it is OK to choose the pizza and a bullet to the head if that’s what you want. But don’t fool yourself into believing that just because you gave up nobody else will make it. You have all the data, but you are reaching mistaken conclusions.

JuanP on Tue, 16th Jan 2018 9:33 am

Greg, My group’s motto in Uruguay was “Always ready to serve.” I was a member of the Catholic Boy Scouts. I think both mottos are good.

ohanian on Tue, 16th Jan 2018 9:39 am

This is getting old.

MASTERMIND on Tue, 16th Jan 2018 9:54 am

Greg

You are missing the point which is you are totally outnumbered! All you are doing is preparing for a last stand! You just cant handle the fact that your life is going to end is a grizzly manor! suit yourself! Ill be taking the easy way out! Better than starving to death or be eating by zombies!

MASTERMIND on Tue, 16th Jan 2018 9:58 am

Juan

you know why people prep? because it makes them feel good and better about the problems ahead. Its just un natural and fatilism to throw your hands up and do nothing. since in most cases in life preparing is the name of the game. But in this situation no amount of preparing is going to do you any good. It is one of the very few exceptions in life where preparing is useless. Its not about you its about everyone else. You can prepare for a last stand but you can not prepare for the collapse of global civilization.

Norman Pagett on Tue, 16th Jan 2018 10:21 am

our future of infinite plenty is based on there being infinite energy to support it.

that is a concise summing up of the problems we face.

your mortgage, to be paid off over 25 years, is covered on the part of the lender that you will earn sufficient surplus money to pay it off

your pension, expected to pay out in 25 years runs on the same financial expectation

—but money os only a token of energy exchange.and over the next 25 years our fossil fuel energy supplies will dwindle to effectively zero

which means that your money will hyperinflate, and then follow the oil and drop to zero in value and purchasing power

and no—solar panels and wind turbines will not replace fossil fuels.

kervennic on Tue, 16th Jan 2018 11:21 am

Oil price is going up. This is a clear sign that the investment push is creating overheating and cannot create enough margin to pay back. This means that profit are probably falling, and that many will fail this year. If oil is above 80 for some time the economy will collapse.

GregT on Tue, 16th Jan 2018 11:43 am

“You can prepare for a last stand but you can not prepare for the collapse of global civilization.”

You can prepare by leaving it, before it leaves you.

GregT on Tue, 16th Jan 2018 11:47 am

“Ill be taking the easy way out! Better than starving to death or be eating by zombies!”

None of the above three options are on the table for me. You stick to your plan, and I’ll stick with mine.

MASTERMIND on Tue, 16th Jan 2018 11:59 am

Greg

You didn’t leave it though that is what you don’t understand. without the rule of law and a prosperous society you would be dead…Try living as a homesteader in a place like Syria and see how long you last! That is what post collapse world will be like but ten times worse!

GregT on Tue, 16th Jan 2018 12:13 pm

“Try living as a homesteader in a place like Syria and see how long you last!”

I don’t live in Syria. I live in the forests of British Columbia.

MASTERMIND on Tue, 16th Jan 2018 12:30 pm

Greg

NO shit greg..that is why i said “TRY living” in a place like Syria…Nice straw man though. You are the king of logical fallacies!

GregT on Tue, 16th Jan 2018 1:37 pm

I have no need, or desire, to “TRY living” in a place like Syria. I’m quite content living in the forests of British Columbia.

GregT on Tue, 16th Jan 2018 1:52 pm

A little FYI MM,

http://www.huffingtonpost.ca/2014/04/17/canada-empty-maps_n_5169055.html

I live in the grey area.

Syria is a little bit different, and not only in population density. They have a few other minor problems as well.

https://i.pinimg.com/474x/79/86/de/7986de04af5ffaf4bc11fa408d5c5042–population-syria.jpg

GregT on Tue, 16th Jan 2018 1:56 pm

A closer look at BC.

http://www12.statcan.gc.ca/census-recensement/2006/as-sa/97-550/vignettes/img/map-2006-pop-density-bc-sz01-en.gif

Cloggie on Tue, 16th Jan 2018 2:36 pm

And now the opposite:

http://images.spaceref.com/news/ooeurope.space.night.jpg

Nevertheless, although I considered to become member of the “club van tien miljoen”…

https://en.wikipedia.org/wiki/The_Ten_Million_Club

…I still like to live in my tiny country and would not dream to move elsewhere if I don’t have too.

Nature, that’s for holidays.

Inventing/developing things is my real passion. For that Holland is one of the best places to be.

https://www.forbes.com/sites/shelliekarabell/2015/05/20/startupdelta-hollands-alternative-to-silicon-valley/#e6ec52a3d4e1

Dredd on Tue, 16th Jan 2018 3:12 pm

Numbers covered with oil are slippery (The World According To Measurements – 10).

MASTERMIND on Tue, 16th Jan 2018 3:20 pm

Greg

Its not about the geography its about the lack of rule of law and a prosperous society…That is what I said twice and you keep arguing straw mans…I am done though arguing with you because you are so fucking dumb its like arguing with a brick wall. That is why all preppers are always right wingers because right wingers are fucking idiots!

Ghung on Tue, 16th Jan 2018 4:20 pm

Micromind said; “That is why all preppers are always right wingers because right wingers are fucking idiots!”

I’m a prepper, sort of, and I’m not a right winger. I’m also not an idiot absolutist like you, so I entertain a number of possible scenarios and plan accordingly. My plan is to last long enough to watch all of you know-it-alls freak out, from the cheap seats.
Hard to believe how seriously some of you take yourselves.

Ghung on Tue, 16th Jan 2018 4:22 pm

Sorry. I see that MICROMIND is in all caps. Didn’t mean to be insulting.

MASTERMIND on Tue, 16th Jan 2018 5:33 pm

Ghung

Simple really….when the World Economy Collapses everything shuts down…the end….The collapse will be absolutely horrible..There is no collapse or horror movie ever produced that has even come close to imagining what the collapse of BAU might look like. I’m talking about every corporation and every social program going bankrupt at once.I’m talking about people eating people. I’m talking about the Worst Catastrophe to ever happen in the history of mankind. Nothing has ever, or will ever come close.

http://www.sciencedirect.com/science/article/pii/S0921800914000615
http://www.energybulletin.net/sites/default/files/Peak%20Oil_Study%20EN.pdf
http://rspb.royalsocietypublishing.org/content/280/1754/20122845
http://sustainable.unimelb.edu.au/sites/default/files/docs/MSSI-ResearchPaper-4_Turner_2014.pdf
http://www.feasta.org/2012/06/17/trade-off-financial-system-supply-chain-cross-contagion-a-study-in-global-systemic-collapse/

Ghung on Tue, 16th Jan 2018 6:27 pm

“I’m talking about people eating people.”

Why do you assume that the preppers here won’t be the ones doing the eating? I do an outstanding smoked long pig, low and slow.

MASTERMIND on Tue, 16th Jan 2018 6:48 pm

Ghung

I don’t doubt the preper communities will be doing the eating!

Boat on Tue, 16th Jan 2018 7:00 pm

The US drilling productivity report is out. Using my deductive powers of future production which is likely on the conservative

X side put the US 2018 barrels around a gain of 1.3 mbpd.
That MM peckerhead thinks there is a shortage, hehe. With Canada adding a potential 200.000 bpd that should set up N America needing few net imports by the end of the year. Exceptional development.

Mad Kat on Tue, 16th Jan 2018 7:01 pm

Greg, MM lives in his sheltered little world of fantasy sex and gore. He is not interested in anything but his narrow vision of the future. His arrogance will get him killed early after the SHTF for sure, if not sooner.

He apparently has no skills that would be needed. Certainly chemistry, and to a lessor extent chess, will not be a necessity but I have several inexpensive chess sets in my barter chest as they do play that here on the streets and I have several books on practical chemistry in my library.

BTW: I was a scout master, about 25 years ago, and taught a number of merit badge classes. I am prepared. lol

MASTERMIND on Tue, 16th Jan 2018 7:07 pm

Boat the EIA tends to exaggerate! Not that imbreaders like you would ever question the government! I Pledge allegiance to the flag says boat!

The world’s largest oil trader Vitol says US oil production will peak in 2018
https://www.reuters.com/article/us-commodities-summit-vitol/u-s-oil-output-may-be-set-for-last-spike-in-2018-vitol-idUSKBN1CF1MZ?rpc=401&

MASTERMIND on Tue, 16th Jan 2018 7:09 pm

Boat

Chevron CEO warns US shale oil alone cannot meet the world’s growing demand for crude
https://www.cnbc.com/2017/05/01/us-shale-cannot-meet-the-worlds-growing-oil-demand-chevron-ceo-warns.html

World Oil Shortages To Lead To Oil Price Spike By 2020s, warns Goldman Sachs
http://oilprice.com/Latest-Energy-News/World-News/Supply-Crunch-To-Lead-To-Oil-Price-Spike-By-2020s-Expert-Says.html

MASTERMIND on Tue, 16th Jan 2018 7:13 pm

Madkat

That is not true its not a fantasy. Study the history of famines. Like the Russian famine of the early 20th century. Cannibalism occurs. We are no different than bacteria in a petri dish. It happened on easter island. It happened even in the early settlements pf Jamestown. You just dont know anything because you are not educated like me…And it shows!

MASTERMIND on Tue, 16th Jan 2018 7:15 pm

How to Avoid Population Overshoot and Collapse

Unless scientists discover some energy breakthrough “miracle” that can provide scalable and energy dense renewable energy, the predictions made in the graphs below paint some very grim scenarios. As you review these graphs, keep in mind that these nightmares are not in some distant future. They may arrive in less than one or two decades from now.

https://www.psychologytoday.com/blog/the-how-and-why-sex-differences/201111/how-avoid-population-overshoot-and-collapse

MASTERMIND on Tue, 16th Jan 2018 7:34 pm

Take note doomie preppers….

In weakness… many see opportunity … just wait till BAU dies… and nobody picks up 911….

Boat on Tue, 16th Jan 2018 7:44 pm

That shows how much you follow the eia instead of following others. The eia and iea are notorious for understated US and world demand in their predictions. Last year a typical 1.2 mbps and it endended up close to 1.5.
The same thing in 2016. Like I said, you don’t follow oil, you follow others links. Now run off and do the research. Report back.

Mad Kat on Tue, 16th Jan 2018 7:55 pm

1. MM. YOU may be the one in the stew pot. Chicago is already overrun with zombies.

2. Those ‘nightmares’ are not 10 years away. Probably less than 5. Maybe only a few, or even this year.

3. There is no ‘911’ here in the Ps. That is a false security you seem to think is important. They do not even answer now most of the time. lol

MASTERMIND on Tue, 16th Jan 2018 8:09 pm

Boat

OMG last years demand was off by a few hundred thousand barrels! HOLY SHIT! Only if you follow the EIA numbers can you be considered following oil! Nothing else matters! LOL

MASTERMIND on Tue, 16th Jan 2018 8:12 pm

Boat here is some peer reviewed research! You uneducated imbread!

http://www.sciencedirect.com/science/article/pii/S0921800914000615
http://www.energybulletin.net/sites/default/files/Peak%20Oil_Study%20EN.pdf
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3574335/
http://sustainable.unimelb.edu.au/sites/default/files/docs/MSSI-ResearchPaper-4_Turner_2014.pdf
http://www.feasta.org/2012/06/17/trade-off-financial-system-supply-chain-cross-contagion-a-study-in-global-systemic-collapse/
https://www.scientificamerican.com/article/has-peak-oil-already-happened/
http://www.sciencedirect.com/science/article/pii/S030142151300342X
http://www.sciencedirect.com/science/article/pii/S0016236114010254
http://www.geo.cornell.edu/eas/energy/the_challenges/peak_oil.html
http://www.scribd.com/document/367688629/HSBC-Peak-Oil-Report-2017
https://imgur.com/a/6dEDt

MASTERMIND on Tue, 16th Jan 2018 8:12 pm

Boat here is some peer reviewed research! You uneducated imbread!

http://www.sciencedirect.com/science/article/pii/S0921800914000615
http://www.energybulletin.net/sites/default/files/Peak%20Oil_Study%20EN.pdf
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3574335/
http://sustainable.unimelb.edu.au/sites/default/files/docs/MSSI-ResearchPaper-4_Turner_2014.pdf
http://www.feasta.org/2012/06/17/trade-off-financial-system-supply-chain-cross-contagion-a-study-in-global-systemic-collapse/
https://www.scientificamerican.com/article/has-peak-oil-already-happened/
http://www.sciencedirect.com/science/article/pii/S030142151300342X
http://www.sciencedirect.com/science/article/pii/S0016236114010254
http://www.scribd.com/document/367688629/HSBC-Peak-Oil-Report-2017
https://imgur.com/a/6dEDt

MASTERMIND on Tue, 16th Jan 2018 8:13 pm

Boat

Here is some true peer reviewed research!

https://www.scientificamerican.com/article/has-peak-oil-already-happened/
http://www.sciencedirect.com/science/article/pii/S030142151300342X
http://www.sciencedirect.com/science/article/pii/S0016236114010254
http://www.geo.cornell.edu/eas/energy/the_challenges/peak_oil.html
http://www.scribd.com/document/367688629/HSBC-Peak-Oil-Report-2017
https://imgur.com/a/6dEDt

MASTERMIND on Tue, 16th Jan 2018 8:14 pm

Hey boat

MASTERMIND on Tue, 16th Jan 2018 8:17 pm

Boat

Here is your great EIA caught lying!

U.S. Vastly Overstates Oil Output Forecasts, MIT Study Suggests
https://www.bloomberg.com/news/articles/2017-12-01/mit-study-suggests-u-s-vastly-overstates-oil-output-forecasts

If you believe any data coming from the corrupted as fuck US government You deserve what is coming!

MASTERMIND on Tue, 16th Jan 2018 8:18 pm

Existing oil reserves are scheduled to begin a catastrophic crash within 1 to 3 years. When it hits the economic and social damage will be catastrophic. The end of Western Civilization, from China to Europe, to the US, will not occur when oil runs out. The economic and social chaos will occur when supplies are merely reduced sufficiently….

Duck down, put your head between your legs, and kiss your ass goodbye!

Mad Kat on Tue, 16th Jan 2018 8:51 pm

Growing: “China is hoping to expand its railway system to more than 40,000kms by 2022 [Xinhua]
China has started construction of a new $4-billion north-south coastal railway network that will significantly shorten travel time between key cities Nantong and Yancheng in the eastern Jiangsu Province.
Expected to be completed by 2022, the railway project is part of the government’s ambitious $438 billion project to upgrade and expand the existing national rail system.”

http://thebricspost.com/china-upgrades-national-rail-infrastructure/#.Wl65WXmYOUk

When was the last time you read about a new rail line in the US or even repairing the old one? Collapsing America…

farmlad on Tue, 16th Jan 2018 9:15 pm

Listening to this enlightens the imagination of the disasters that our species has experienced in pre history. From the huge shifts in climate to ocean level rises and so muh more. https://www.youtube.com/watch?v=MT5OxihUtVU So this time around we can expect a tiny fraction to make it through. In a way I wish it were me and then again maybe not.

MASTERMIND on Tue, 16th Jan 2018 9:35 pm

Madkat

What about China’s solar powered road? It lasted five days before they had to shut it down. Five days and it was supposed to last 20 years! The chinks are so freaking dumb! And their zombie banks are going to crash!

Cloggie on Tue, 16th Jan 2018 10:37 pm

You want collapse? Look no further. Yesterday a large company in the UK went bust, Carillion (never heard of it).

https://www.zerohedge.com/news/2018-01-16/carillion-collpases-who-blame

http://www.spiegel.de/wirtschaft/unternehmen/grossbritannien-carillion-insolvenz-als-vorgeschmack-auf-den-brexit-a-1188199.html

Britain did very well when it was an EU-member, if you ignore the Tony Baloney Blair inflicted third world immigration disaster for a moment.

But it looks like that Brexit could turn Britain in “Arthur Scargill country” again. Albeit now with a muslim capital, just to “sex things up” a little. Bye-bye Britain.

Meanwhile Russia is moving to the right:

https://altright.com/2018/01/16/russia-insider-decides-to-go-alt-right/

What a bride that country is for Europe! Two centuries of Anglo dominance were enough, thank you very much. Time for something new.

https://www.counter-currents.com/2011/08/boreas-risingwhite-nationalism-the-geopolitics-of-the-paris-berlin-moscow-axis-part-1/

MASTERMIND on Tue, 16th Jan 2018 10:42 pm

Dennis Meadows: “There is nothing that we can do”
http://churchandstate.org.uk/2013/04/dennis-meadows-there-is-nothing-that-we-can-do/

Perfect Storm: Energy, Finance and the End of Growth -Dr Tim Morgan Global Head of Research
https://www.tullettprebon.com/Documents/strategyinsights/TPSI_009_Perfect_Storm_009.pdf

MASTERMIND on Tue, 16th Jan 2018 10:43 pm

‘WORSE THAN 2007’: Top Central Banker warns of looming wave of worldwide bankruptcies
http://www.telegraph.co.uk/finance/financetopics/davos/12108569/World-faces-wave-of-epic-debt-defaults-fears-central-bank-veteran.html

The world is drowning in debt, warns Goldman Sachs
http://www.telegraph.co.uk/finance/economics/11625406/The-world-is-drowning-in-debt-warns-Goldman-Sachs.html

World Governments Gross Debt to GDP (330%)
https://imgur.com/a/3usX7

Global economic growth has peaked, says World Bank
https://www.ft.com/content/4b9e6190-f55e-11e7-88f7-5465a6ce1a00

MASTERMIND on Tue, 16th Jan 2018 10:44 pm

Scientific American: Apocalypse Soon: Has Civilization Passed the Environmental Point of No Return?

https://www.scientificamerican.com/article/apocalypse-soon-has-civilization-passed-the-environmental-point-of-no-return/

GregT on Tue, 16th Jan 2018 11:08 pm

Scientific American: Apocalypse Soon: Has Civilization Passed the Environmental Point of No Return?

“In 2052: A Global Forecast for the Next Forty Years (Chelsea Green Publishing), Jorgen Randers of the BI Norwegian Business School in Oslo, and one of the original World3 modelers, argues that the second half of the 21st century will bring us near apocalypse in the form of severe global warming.”

I’ll be 81, you’ll be younger than I am now MM.

“Randers’s ideas most closely resemble a World3 scenario in which energy efficiency and renewable energy stave off the worst effects of climate change until after 2050.”

32 years left to go, according to Randers.

“Graham Turner of Australia’s Commonwealth Scientific and Industrial Research Organization fears that collapse could come even earlier, but due to peak oil rather than climate change.”
“In this scenario, population peaks around 2030 at between seven and eight billion and then decreases sharply, evening out at about four billion in 2100.”

Only 4 billion? In 2100? I guess you don’t need to put a bullet in your head after all MM. By 2100, you’d be 104. Highly doubtful you’ll live that long, especially when you are unable to maintain employment at 30.

GregT on Tue, 16th Jan 2018 11:18 pm

Oops, sorry, my bad.

If you are indeed 30, like you’ve said you are (which is also likely BS along with everything else you spew), by 2100 you’d be 112.
Given your negativity, and admitted propensity to off yourself, you’ll likely be one of the first 3.5 billion to die off.

GregT on Tue, 16th Jan 2018 11:27 pm

WORSE THAN 2007’: Top Central Banker warns of looming wave of worldwide bankruptcies

“There is no easy way out of this tangle. But Mr White said it would be a good start for governments to stop depending on central banks to do their dirty work. They should return to fiscal primacy – call it Keynesian, if you wish – and launch an investment blitz on infrastructure that pays for itself through higher growth.”

Get out of debt now. Move away from densely populated areas, get involved at the local community level, and learn how to provide your own food. You could be one of the surviving members of humanity, all the way out to 2100.

Mad Kat on Tue, 16th Jan 2018 11:30 pm

2052: Even if I reach my goal of living to be 100, that will be eight years later. Not my worry. But, I suspect that the years leading up to that date will be no picnic either.

The collapse of the financial system in the West is going to be catastrophic for Americans and a lot of their wannabees. Hundreds of millions of people that have lived a pampered life, safely protected by oceans, are in for a very painful shock.

Add in the rate of temperature increase and 2052 may be when it is all over. You shall see. I will not likely be here. Good luck!

Prepare For The Imminent Economic Collapse 2018

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