BBC Speechless, Trader Tells Truth, Collapse Coming..Question(s)

Steve M.

Steve M.

Jedi Master
Caught this Article: http://www.sott.net/articles/show/235452-Europe-will-collapse-because-Goldman-Sachs-rules-the-world-

And found it direct. Quite believable. I can't help but ponder what I have and how I can better prepare, with what is at hand (these days..).

Been doing the toilet paper.. stock pile (props/thanks H.S.). I've got some silver, not much, would guesstimate $1,000 dollars worth. My wife has found two loose stones (second recent one a karat or more, but not proven as a gem), and as far as set aside in cash we have about 2k dollars, my desired 0 point, in case something happens.

I do PC repair when I can for a living and my wife has a part time job. We're living below poverty and if the case were made easily fall within the parameters of food stamps.. who knows maybe even some small financial assistance. We're ok without.. having been denied for years.

Any advice on what I might do, should there be an opportunity for myself and my direct family to increase our chance(s) of longevity? Leaving our money as cash is looking less desirable, but what needs might one cover with it? We have debts. Maybe 20k us dollars. Her job is a little shaky, though she's managed to keep on it for 14-16 years and if she were more stable (timely, small things her boss nitpicks) it can be maintained as a solid (not global recession proof, but pretty dang solid), so our bills can be considered small threats.

Not sure what happens in a full economic melt down, debt forgiveness, debtors jail? Anyhow, the first question, "Any advice on what I might do, should there be an opportunity for myself and my direct family to increase our chance(s) of longevity?" is what I'm curious about. I don't believe I'm obsessing on this as it's been on my mind in more back-burner terms, but it seems to be getting breezy here in the glass house.
 
Don't know why you are getting all worked up about this now; we've been saying it's coming for some time now and the subject has been discussed up one side and down the other in several places on the forum. Is it because it only now becomes "real" because an "official source" has said something? What are we, chopped liver?
 
Laura said:
Don't know why you are getting all worked up about this now; we've been saying it's coming for some time now and the subject has been discussed up one side and down the other in several places on the forum. Is it because it only now becomes "real" because an "official source" has said something? What are we, chopped liver?
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I predict it's going to crash too. My source: The New York Times. My recommendation: stock up on liver.
 
What are we, chopped liver?
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Lol! No, not at all ma'am.

I was attempting to reference my own situation. I've made preparations to the best of my ability up to this point. I have read much on the subject here on the forum and worked toward getting in line with those ideas, though of late, during the summer I've been unable to keep up (reading).

Is it because it only now becomes "real" because an "official source" has said something?
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It's been "real" for me for several years now and I've done what I can within my means. 7-8 years ago I had no savings, nothing but the next small job that would hopefully come in in a week, wondering where my next pack of smokes would come from, if my wife and I could get by after our car got driven over.. since then we've been blessed and have worked hard at acquiring the things we may need in the near future.

I was seeking advice in terms of what others might see as beneficial to myself and family in the immediate future, giving a glimpse of what I do have and attempting to get an idea of what I do need. I've taken advice and have got silver, TP, a small savings, camping gear, some small solar panels, various foods, some seeds and a fair store of distilled water. I've strengthened the building here (worked on the structure), done various internal repairs (sealing, painting). I also started work outside of the city in case we have to get out to the country, where we have a sort of shelter (and did structural work there) and have a small store of provisions there as well.

My immediate thoughts are why am I holding on to this money? It will likely be of little value when a loaf of bread is $20 or more dollars. Can't aquire much then.

I don't feel all worked up. I really used to get all worked up, any more though, it doesn't have any benefit. Sure it struggles with things and wishful thinking, but it's not worth the heart attack to get over worked about things I cannot change. In my mind I'm trying to create a defense against the coming storm and see things for what they are while dealing with what is in front of me to DO. Things are progressing.

I've been reading the signs (your site) and avoided a lot of denial, not to say there isn't some there. Your so far from chopped liver in my mind.
 
This is not even news. The only thing new about it, is the fact that mainstream media actullly got something right.
 
Laura said:
Don't know why you are getting all worked up about this now; we've been saying it's coming for some time now and the subject has been discussed up one side and down the other in several places on the forum. Is it because it only now becomes "real" because an "official source" has said something? What are we, chopped liver?
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But, but, but . . . that's BBC!! :lol:
 
Considering that food stocks will deplete quickly and the monetary system will disappear quicker than you can light a fire with the dollar bills you've saved, I would think an exit plan to get you out of an urban centre would be wise, if you didn't already have one. And if you did, prepare a plan B and C.

Since you will need to feed yourself and family, and also protect yourselves from raiders and sickos, I'd suggest planning along those two lines.

Food
Whatever you store will eventually run out, so you need the skills and tools to trap, snare,
Hunt and forage. Learn the wild edible plants in your area and how to get as much as you can from whatever you kill. Learn how to salt, dry, smoke or otherwise preserve your food.

Protection
Bullets will eventually run out. So, while a firearm can be useful, plan on a more rudimentary set of weapons as well - crossbow or long bow (learn how to make bolts/arrows), machete, etc.

Learn camouflage techniques.

Have items stored in several places that can be used for trading. While precious metals might be attractive to some, you may have a hard time finding someone who wants to trade with you when they really need food or other survival-related things. Precious metals and stones might have more trading value after things have stabilized a bit and survivors have either figured out how to survive or have died off. So, if you have gold, silver, etc., they may as well be stashed away for longer term use (not everyone agrees with me on this - some believe there will be immediate benefit to having such treasures available sooner than later).

It is always good to imagine who, in your circle of friends has skills that you don't and would come in handy. There's strength in numbers as well and mutual support certainly adds to your mutual survivability. But too large of a group cannot move or hide as easily as a smaller band. Also, some people might seem useful but later turn out to be untrustworthy, selfish or worse, a well-concealed psychopath.

You might also want to search the forum for similar threads. For example, How to prepare for the coming Ice Age? (http://cassiopaea.org/forum/index.php?topic=18556.0).

A few thoughts, for what they're worth.

Gonzo
 
Typical media spin to pretend this was a hoax:

http://www.sott.net/articles/show/235520-Propaganda-Was-the-BBC-s-trader-from-hell-one-big-hoax-Claims-greedy-dealer-praying-for-a-recession-in-which-to-get-rich-was-a-FAKE
'We don't really care whether they're going to fix the economy, our job is to make money from it'

Twitter users claim Alessio Rastani is a member of 'Yes Men' hoaxers

The 'trader' at the centre of a controversial interview, in which he claimed the City just 'loves' a economic disaster, was today accused of being a hoaxer.

Twitter users took to the social networking site to 'out' the City trader as an imposter and claimed he was a member of a group of hoaxers, hours after an astonishing interview on the BBC.

Interviewers were left open-mouthed as Alessio Rastani admitted that traders 'don't really care that much' about the prospect of an economic collapse.

He astonished BBC viewers yesterday by describing his hopes of profiting from a recession, adding: 'The governments don't rule the world - Goldman Sachs rules the world.'

The self-styled 'independent trader' also claimed he had been 'dreaming of this moment for three years', as the global economy faces continuing uncertainty.

However sceptics took to Twitter today to claim Mr Rastani was merely impersonating a city trader and was even a member of political hoaxers the Yes Men.
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Seems the 'someone on twitter' argument can be used to dismiss anything these days.
 
If it weren't so sad, it'd be funny. The MSM have gotten so accustomed to propaganda and lies that they can't recognize the truth when they see it. I think the jaw dropping and disbelief demonstrates how even the journalists and announcers have been lulled into a false sense of security by their reporting, just like their audiences. They must, therefore, to some degree, believe what they report.

Gonzo
 
Considering that food stocks will deplete quickly and the monetary system will disappear quicker than you can light a fire with the dollar bills you've saved, I would think an exit plan to get you out of an urban centre would be wise, if you didn't already have one. And if you did, prepare a plan B and C.

Since you will need to feed yourself and family, and also protect yourselves from raiders and sickos, I'd suggest planning along those two lines.

Food
Whatever you store will eventually run out, so you need the skills and tools to trap, snare,
Hunt and forage. Learn the wild edible plants in your area and how to get as much as you can from whatever you kill. Learn how to salt, dry, smoke or otherwise preserve your food.

Protection
Bullets will eventually run out. So, while a firearm can be useful, plan on a more rudimentary set of weapons as well - crossbow or long bow (learn how to make bolts/arrows), machete, etc.

Learn camouflage techniques.

Have items stored in several places that can be used for trading. While precious metals might be attractive to some, you may have a hard time finding someone who wants to trade with you when they really need food or other survival-related things. Precious metals and stones might have more trading value after things have stabilized a bit and survivors have either figured out how to survive or have died off. So, if you have gold, silver, etc., they may as well be stashed away for longer term use (not everyone agrees with me on this - some believe there will be immediate benefit to having such treasures available sooner than later).

It is always good to imagine who, in your circle of friends has skills that you don't and would come in handy. There's strength in numbers as well and mutual support certainly adds to your mutual survivability. But too large of a group cannot move or hide as easily as a smaller band. Also, some people might seem useful but later turn out to be untrustworthy, selfish or worse, a well-concealed psychopath.

You might also want to search the forum for similar threads. For example, How to prepare for the coming Ice Age? (http://cassiopaea.org/forum/index.php?topic=18556.0).

A few thoughts, for what they're worth.

Gonzo
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If that is all that is needed to survive then I'm toasted from beginning and don't seen no meaning to continue then because my parents and relatives are oblivious, I have some little money because I started to work(that is working on short-term jobs through student service because I have time, I have only my master work to do, and I have hole year for that, but it seems I won't because things are heating up) but that's not enough to stockpile food , etc..., I can't do all that alone. Water I have at home, getting it from ground like everyone else where I live, and I live close to Forrest so thee are plenty of pheasants walking around. My father knows a bit about how to catch them without fire arms and knows a bit about Forrest trees and plants. I think he has a gun from his grandfather who worked in secret service. It's also good to know self-defense, I'm planning to go to train krav-maga because it's effective on the street. But like you said if there are more of you, you have easier chances to survival. I don't really know what to do when it comes to that.
But doing all that is totally contradictory from STO principle, so I rather die then stain my hands with blood, maybe that is the lesson in the end.
 
That report about the supposed trader hoaxing BBC gives me pause. Something seemed kind of odd about the way he presented the information. The way that he directly implicated himself in wanting the economy to crash.

And it is true that this hoax claim is very convenient to keep people unaware.

So, I'm undecided if it was real or not. The trader was saying that the dollar would be a safe investment...but that is probably not the case. I heard it called a currency war between the dollar, the euro, and the "yen" I think (chinese currency). so maybe it is true one will come out okay. but I remember I also heard it is a race to 0 buying power in all three currencies. which makes more sense I think... like, which one can sustain itself for the longest.

About survival measures-- I don't think everyone should / will have to learn such skills. hopefully it would be that some in a community could know / do these things so that others can do other important stuff. but its true I don't feel part of a community in my neighborhood. and for me the farthest my community really extends, I guess to count on for survival, is my family. but I would think maybe this would change in the event of severe economic hardships...
 
Some of the latest about the Hoax, no Hoax. http://news.yahoo.com/blogs/cutline/bbc-victim-hoax-no-yes-men-154724196.html

Was the BBC victim of a hoax? No, say the Yes Men

"Governments don't rule the world, Goldman Sachs rules the world."

That's what a purported London-based independent trader named Alessio Rastani told the BBC on Monday in a jaw-dropping interview that quickly went viral.

But just as quickly, rumors swirled that Rastani was actually a member of the Yes Men, a loose-knit group of merry pranksters and imposters that attempt to manipulate the media with the goal of exposing the dubious conduct of big corporations.

The Yes Men publicly denied that Rastani is a member. And the BBC said in a statement that it doesn't think he is, either: "We've carried out detailed investigations and can't find any evidence to suggest that the interview with Alessio Rastani was a hoax. He is an independent market trader and one of a range of voices we've had on air to talk about the recession."

"We've never heard of Rastani," the group said in a statement of its own. "He isn't a Yes Man. He's a real trader who is, for one reason or another, being more honest than usual."

Rastani has an active Twitter feed, Facebook account and blog--all consistently updated. And Rastani gave an extensive interview to Forbes insisting he is who he says he is--an independent trader who works from his South London home.

Felix Salmon of Reuters has another theory: that Rastani, who bears a striking resemblance to a member of the Yes Men, is both a trader and member of the troupe.

"Independent traders are, well, independent," Salmon noted. "You don't need to spend very much time hanging around the comments section at Zero Hedge to discern a strong nihilistic and even anti-capitalist strain to much of the thinking in that community. Independent traders are often men in their 20s and 30s who inherited a substantial sum of money and who for whatever reason don't have a more attractive opportunity in the regular workforce. They work from home, they tend to have a strong contrarian streak, and they have a lot of time on their hands.

"All of which is entirely consistent with the profile of the kind of people who might join or become the Yes Men," Salmon added.

For his part, Rastani says he was simply misunderstood.

"I have no idea why I'm getting this attention," Rastani told Forbes. "I don't think it was news. For someone to say what I said, I thought everybody already knew this kind of stuff. The big players of funds rule the world, I don't think that was news. And what I said about making money from a crash, obviously not everybody knows about that, you can make money from a downward market."

Rastani added: "A lot of people just got the wrong end of the foot, misunderstood what I was saying. They thought I was joyful or licking my lips about the idea of making money from people's miseries. That's probably the way it looked on the video. But if they watch the whole video, what I was really trying to say is people need to educate themselves about how to do that ... what I was trying to say was, look, everyone should basically prepare. I was trying to be the good guy. If this market's going to crash, then you've got to prepare yourself."
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Whichever in this situation, it matters little to me. It's a money charade crash or not. They knock it down, some guy gets his palms greened, they build it up somebody gets their hands greened. And for those people, congratulations, you just got to manipulate your way into fortune at the expense of others, mostly less fortunate people who are hurting. Eventually when all the milk and honey is in the hands of the fewest possible it will be time to pay the devil they made their deal(s) with. I think they'll find they come up short.

Thanks for sharing the forum link Gonzo it led me to this link http://cassiopaea.org/forum/index.php?topic=13795.0 which is more in line with what I was wanting more information on and had lost track of keeping up with some months ago!
 
I'm tempted to apply a little caution here. The man is quite demonstrably a certifiable psychopath. Although the broader points of economic correction reflect widespread 'opinion' here, the details which appear to be inside knowledge of what's about to happen, are probably little more than wishful thinking, manipulation and an attempt at creating self-fulfilling prophecy, which his own delusional egotism sees him profiting from.
 
I hope what I wrote about surviving wasn't too shocking or over the top. I think it's important to consider the spectrum of possibilities and be prepared for either extreme. There's considerable difference between preparation and anticipation.

But I'm seeing how we can ever return to some semblance of the Western middle class prosperity that has been dwindling over the last few decades. I feel we've hit a point of no return, since the only way back would require the 0.01 percent of the population to redistribute their wealth among the rest. There has been continuous evidence that this won't happen, when you consider what has been done by the ultrarich in full awareness of the cost to their lesser-fortunate brethren. "Let them eat cake" has become, "Let them eat cake, and here's hoping they choke on it."

Their greed and recklessness will be their demise. Those of us with very little have less of a height to fall from than the distance they, who have never considered such possibilities, let alone prepared for them, will fall.

Regarding feeling that defending oneself is not STO, you might want to reconsider that. You cannot serve others if you are dead, injured or ill. To not defend oneself is to become prey. Therefore, service to others requires service to self. As well, since we live in an STS world and are STS by nature, having fallen from grace, the best we can do is strive to be STO. We need to kill to survive, be it killing a carrot, an animal or an attacker. Certainly, one could take a chance to subdue instead of kill, if the odds are in one's favor, by skill or by happenstance. But when someone has already expressed their intent to the universe to take your life to benefit their own, their actions call for a balanced response (at least in a world without police, criminal courts and prisons).

Defending one's self and those for whom one is responsible, is as STO as we can get in this world, OSIT.

Finally, one should not despair when facing potential cataclysms, be they financial, commetary or otherwise. We should be living each moment in the moment, as if the next may never come. It shouldn't matter if you rise tomorrow or die tonight if you live in the infinite moment.

Part of our fear of cataclysms seems to be a fear of suffering in contrast to what we are experiencing now. But if suffering comes, let it be known, there is always suffering, whether it be happening to me, you or someone else. Would it be more STO to avoid suffering and have someone else take one's place or consciously accept the suffering as one's lot in the present?

Those are my thoughts anyways.

Gonzo
 
Regarding feeling that defending oneself is not STO, you might want to reconsider that. You cannot serve others if you are dead, injured or ill.
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You are right, I wasn't thinking in that terms of staying alive to help community , and yes we are in the end STS and STO defend themselves, but don't really know if you could after that continue to STO path because of Carma, if it exists for this kind of cases, and if I don't have money to stockpile food and in that case can't survive what's the point in killing when I won't live much longer and would get Carma from killing. And I didn't think economy would totaly collapse, get worse yes but total collapse was not on my mind, I thought Ice age will do that, but I thought that I maybe have more time if it happens next winter, not this, but this is going to come faster it seems.
 
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