While You Were Busy Stocking Up On Guns and Ammo…

16 Jan

Quite rightly…

The storm clouds keep building…

Pretending that the situation has magically resolved itself is either the height of incompetence or intellectual dishonesty.

Curiously, most people seem to know this. Yet they will do absolutely nothing.

They know, for example, that a US default is an entirely feasible option on the table. They understand that the consequences would be disastrous. And yet, most folks will do nothing and simply hope for the best.

The best response is to take steps which make sense in either scenario… no matter what happens.

You won’t be worse off for taking control of your retirement account. You won’t be worse off for holding some of your hard-earned savings in a strong, stable bank overseas, in a jurisdiction where your politicians can’t seize it. You won’t be worse off for having some precious metals stashed away overseas… or owning productive land abroad.

And you won’t be worse off for stocking up on canned food and gasoline…

Zero Hedge

 

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