by John Galt
September 4, 2012 22:30 ET
The question has been asked of me repeatedly via email and my radio show:
Why are the next 120 days so dangerous?
Instead of an in-depth cat and mouse game of “here’s why X may cause Y” I shall simple let my readers search previous pages posted here and elsewhere to form their own opinion. I fear that if we survive the next 120 days without a major natural or man made catastrophe which changes human civilization and quite possibly irreversibly destroys the United States or puts us into a permanent state of decline at an accelerated pace. What I postulate below are the greatest risks in my opinion and I leave it to the readers to determine which threats to prepare for or ignore.
1. World War III
As I stated in a post last night, the man made threat of a war beginning in the Middle East would probably end up engulfing Europe, Russia, China, India, Pakistan, and the United States. Needless to say those nations who have prepared for such an event will survive and be the winners. The European and American nations are not capable of surviving in their current forms such an event, especially if/when attacks occur within their borders.
2. Major Earthquake
While many people might accuse this writer of heading off into my own Woo-Woo Report, the truth is Southern California has been experiencing massive earthquake swarms as well as the region around Indonesia once again. The particular threat I am outlining doesn’t even include the outlier of another 7.0+ quake near the Fukushima Daichi complex (as postulated below). Incredibly the U.S. is not even remotely capable of dealing with an 8.5 or greater in California or along the New Madrid Fault thus such an event would be an instant economy and Constitution killer, where freedom would die in most of our lifetimes as an era of martial law and true Soviet era central economic planning takes hold. If another large quake disrupts Indonesia, the threats are there not just from the residual damage but more importantly is the concern that this is an indicator of an upsurge of major volcanic activity; of such magnitude that the skies would darken worldwide for many years to come.
3. The Financial Disaster of 2007-2008 is Completed
In an article to be published on these pages tomorrow I go into more detail as to how and why the “cured” problems of the 2008 so-called “Great Recession” are neither cured nor long term solutions in place. If this completes, which is a very high probability proposition, some will interpret this is the conclusion of a recessionary then Great Depression supercycle initiated in the early 1970′s; others will call this the beginning of Kondratiev Winter and the end of modern civilization as we know it.
4. 2012 Elections Suspended
Do not dismiss the possible outcome. Put nothing past the powers that be or the current regime in power.
5. Obama and the Democrats Decide on Revenge after the Election
As I outlined in the article Obama’s Nuclear Election Option there is a revenge factor which fits the profile of a megalomaniac like Barrack Obama; sadly it will cause great pain and anguish for the American people and quite possibly the world economy. If, and we can only pray when, Obama loses the election and the Democrats still hold a filibuster proof minority in the U.S. Senate, odds are they will pull the pin on the nuke and allow not just the Bush tax cuts to expire but to block all Republican efforts to reverse his policies during the first 90 days of a Romney administration. With the resulting economic crash that would follow, the U.S. and Europe could enter into a deep recession which might last from late 2012 throughout 2013 with possibly ten million or more Americans losing their jobs (in addition to the existing numbers still looking for work) . This could permanently damage the financial system requiring even greater intervention than 2007-2008, if not a complete redesign and restructuring at every level.
6. China’s Economy Collapses
While the “hard landing” scenario for China’s economy is dismissed by many so-called experts, the threat of China’s financial system imploding like ours did in 2008 is quite real. The accounting systems are fraudulent at best, mythical in all reality, as well as the reports produced by the central planners. This opens the specter of a full blown Chinese run on the American financial system causing a worldwide domino effect.
Hopefully none of this will occur and life muddles along with the light at the end of the tunnel turning out to be sunshine and not an oncoming freight train to run us over. These are the potential events as I see them as a potential threat causing a systemic collapse in the next four months starting today. So far, so good, of course it is only day one and all of the events listed above are bubbling below the surface.