6 Ways To Get Ready for the Collapse
Since the last great recession of 2008, economic forecasters and preppers alike have warned of the bottom dropping out of the economy. The proverbial doom prediction of “it’s not if, but when” was used for years as a call to action to get ready for a much larger economic disaster. Well folks, it seems that history is repeating itself. This week, George Soros cautioned the public of an impending economic crisis.
Speaking at an economic forum in Sri Lanka’s capital, Colombo, he told an audience that China is struggling to find a new growth model and its currency devaluation is transferring problems to the rest of the world, according to media. He added that a return to rising interest rates was proving difficult for the developing world.
The current environment reminded him of the “crisis we had in 2008,”The Sunday Times in Sri Lanka reported on Thursday morning. “China has a major adjustment problem,” he added, according to Bloomberg. “I would say it amounts to a crisis.”
The post 6 Ways To Get Ready for the Collapse appeared first on LewRockwell.
Leave a Reply