How long will it last? No one really knows, but last it will not... And if the come-down from years of 0% interest rates and hordes of cash laying in bank vaults leads to inflation; the collapse will be sudden.
David John Marotta, a Wall Street expert, financial adviser and Forbes contributor, said in a note to his investors, “Firearms are the last item on the list, but they are on the list. There are some terrible people in this world. And you are safer when your trusted neighbors have firearms.”
What's he talking about? Dave's memo is part of a series discussing the possible “financial apocalypse.” Is Dave just another arm-waving, doomsday profit taker crying wolf? No.
Dave notes, "The growing debt and deficit spending is a tax on those holding dollars. The devaluation in the U.S. dollar risks the dollar's status as the reserve currency of the world. Obamacare was the worst legislation in the past 75 years. Socialism is on the rise and the NSA really is abrogating vast portions of the Constitution."
So Dave says get a 'bug-out-bag' and a firearm with ammo. You may not need them, but then again, you might. In fact, the Angle would even add one more thing to the escape plan - buy and learn to fly a small aircraft!
