ECONOMIC COLLAPSE LOOMS AS GREECE PREPARES EURO EXIT.

Before I start with the daily dose of bad news, let me tell you a good story for once. I recently ordered some books from Amazon because God forbid a store like Barnes and Noble carries anything a a reasonable price or selection. Two of my books arrived right on time and the third took a while. However, the company that sent the late book, OnEzeroOnE Books, immediately offered me a fifty percent credit for the issue along with an apology. I was flabbergasted. A company actually making good on an issue they had caused by offering me a rebate? I almost had a heart attack as the usual response I get from corporations is "get bent," or "sue me." Now, I have to contact my lawyer every time a company tries to screw me. But not OnEzeroOnE Books. This is a small business and run by someone who knows what they are doing, and I do understand mistakes happen, so no hard feelings at all over the delay. So if anyone is looking on Amazon for a good book from a reputable company, try the above. I am certain that the delay was an anomaly for them and they have thoroughly convinced me to try them again.

Unfortunately, that's all the good news I have for today. Anyone reading this should be aware that the stock market may drop 30-50% in the upcoming week. My work on gold futures show a possibility that all precious metals may skyrocket in value over the coming weeks, so investment in that over stocks or bonds may be a wise investment. The reason for this instability is the distinct possibility that Greece will exit the Euro by Friday. This will give the foreign markets 46 hours to stabilize before Monday, a tall order at best. The good news is that our stock market is closed Monday due to the upcoming holiday. The bad news is that one day will probably not make any difference.

The EU is playing down the consequences of a Greek exit, but the reality is that this could be the beginning of the end for the world economy. Of Greece exits, all bets are off and chances of Lehman Brothers style collapse become all too real. Bank runs are already being done throughout the country and a systematic failure could cascade as failing countries like Italy and Spain go right down with Greece, ending the Euro as a currency and sending markets crashing world wide.

This is from Bloomberg.com

Over the two days, leaders would have to calm civil unrest while managing a potential sovereign default, planning a new currency, recapitalizing the banks, stemming the outflow of capital and seeking a way to pay bills once the bailout lifeline is cut. The risk is that the task would overwhelm any new government in a country that has had to be rescued twice since 2010 because it couldn’t manage its public finances.

The Greek people have put their foot down on more austerity measures which have done nothing over the five years they have been in place, each round more severe than the last. There is a solution to this problem, as Iceland and Argentina have shown, but the wealthy bankers don't want any real solutions so taking more and more from poor people has finally hit bottom and the general populace has said enough. If Greece exits the Euro, expect calamity on a global scale. If they leave the Euro this weekend, watch the early markets from places like New Zealand on Sunday and the Asian markets later that day. If they start sinking, prepare to get your money our of stocks and into precious metals Tuesday morning.

The next Depression will be impossible to deny at that point as hyperinflation, rioting and martial law all become possible. DHS has been planning for this for a while, with the secret camps, the buying of hundreds of  millions of rounds of illegal ammo, the fact they have their hands in everything now, and countless other facts that should make any American nervous.

We also hear about drones being used in record numbers over this country. They will be fitted with "non lethal" weaponry like tear gas and rubber bullets (and possibly tasers) and will be the final nail in the coffin known as the US. The 2nd amendment was put in place to keep the government from getting so powerful that the general public would have to do whatever they were told. Guess what? We're there now. If the government wanted to subjugate us all, there is nothing we can do to stop them and these drones guarantee any civil unrest could be crushed without mercy. We are becoming a prison nation where we all now prisoners and subject to arrest or death for the whim of whoever is in power. The next election will decide our fate. Vote for the GOP and guarantee a life of slavery for you and your offspring. Vote them out and demand the democrats start fixing things or boot them out next. Citizen's United has ended democracy, anti-gun groups have killed the 2nd amendment (thanks NRA for your worthless support on the issue) and the Teatards and American Taliban are working to make sure it all happens.

Watch the markets this weekend carefully if Greece leaves the Euro. Stocks are going to tumble hard, but it is in this kind of market, that fortunes can also be made. Precious metals will hit the roof if this plays out badly. Don't get left behind while others prosper.