When Matt Drudge speaks, I have a tendency to listen!

[McGyver]

"Have an exit plan....."

I know I'm gonna risk ridicule here, but WTF does he think is going on?


http://joeforamerica.com/2014/01/matt-drudge-issues-warning-exit-plan/

[Michael Bane]

Whatever it is, I can't say it makes me feel all warm and fuzzy...

mb

[Timothy]

Can't say it gives me a warm fuzzy either, MB!  What I can do about it is the question...

[brushmore]

This is just a guess but I think it's related to the stock market.  There are plenty of waring signs out there that Drudge has been linking to.  There's definitely a storm brewing out there.  The problem is what's the fallout after stocks tank.

[Solus]

My guess is that he is talking about a financial crisis.

The government is spending us into a  hole we can not expect to climb out of without major disruption. 

We have been printing money hand over foot.   That is never good, but as long as the dollar is the global money standard, it isn't a deadly critical problem to us.  Other countries are hit harder because it tends to devalue their holding is dollars..

I have been hearing there is pressure to remove the dollar as the global currency.  I have no idea how likely that is, but if it does happen, dollars will be worth lira or, worse, pesos.

You might thing BHO is an inept, blind and clueless president, and you would be correct if his intent were to build a strong USA.

However, if his intent is to bring the country to ruin, he is a maser at that task.

Generally a financial exit strategy is when to get out of an investment.  In this case it more likely to be when to get out of the market altogether, plus when to get out of dollars and go to gold or some other standard...not as a country...but as individual, and further, it might be when to get out of the 3rd world country the USA is being manipulated into becoming.

Those three "exits" are not independent, but are like dominoes getting set up all in a line.

[Sponsor]

[tombogan03884]

Brushmore, here are a couple of hints about "Crash" fallout .

http://en.wikipedia.org/wiki/Great_Depression

http://en.wikipedia.org/wiki/Hyperinflation_in_the_Weimar_Republic

It has only been a matter of time ,since the market started setting records.
It's simple Newtonian physics .

[billt]

Whatever he, or anyone else predicts the stock market will do, it will most likely do the exact opposite.

[Solus]

Whatever he, or anyone else predicts the stock market will do, it will most likely do the exact opposite.

The odds are with you on that one, Bill.

Should some of the experts predict it will go up, and some predict it will go down and some predict it will stay the same, with an even distribution of those choices, your statement has better than a 66% chance of being accurate 

[Magoo541]

If the Fed ever allows the correction they have been "preventing" (by that I mean delaying the invitable) there will be a significant downturn/crash.  It is a house of cards being propped up by a government printing money faster than physically possible by just creating numbers in electronic accounts. 

The 299 days series was written by a political insider up in Washington State.  He said recently that the events he envisioned he figured would have taken place by now.  There are plenty of warning signs for those that care to look.