Sunday, November 2, 2014

The Imminent Global Business Disaster

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The Imminent Global Business Disaster
The Next Major Worldwide Economic Crash Affecting Consumers And Businesses Alike
Anticipated Crisis To Occur During The Period Between 2015 And 2016

There is a high likelihood of a global business disaster on the near-term horizon, i.e., within a one- to two-year time frame. This disaster is most probably going to be felt the hardest in the United States, where it will have the potential to decimate all but a few government-entrenched and privileged businesses, and to sink all dollar-denominated investment portfolios, regardless of traditional investment diversification. This course to calamity is anticipated to be caused by a confluence (a simultaneous occurrence) of several major economic and banking trends and specific events. The collapse is anticipated by The Global Futurist and other predictive writers and organizations to last for a period of ten to twelve years once it has hit. I refer to the coming threat as a “business” disaster, because business is the offspring of economics that allows for supply and demand to function, and for the existence of commerce and consumerism...

Factors Involved In The Collapse:
=> Further unification and strengthening of the Eurozone Central Banking System – Europe's building of its own independent multinational bank and banking system with a greater circulation and acceptance of the Euro, and with a greater utilization of Euro-denominated financial instruments and commodities purchases, both B2B (business to business) and B2C (business to consumer) throughout the world;

=> A precipitous decline in U.S. Domestic stock prices as predicted by the trending of the economic wave known as “Dow Megaphone Wave” which has accurately predicted the timing and amplitude of every major stock market collapse and resurrection over the past twenty years;

=> The growing acceptance of cybercurrency (such as Bitcoin) as a medium of exchange and a store of value in lieu of investment in and utilization of bank-backed sovereign currencies;

=> The increasing national indebtedness and decline in real savings in the United States – an economy built on debt and artificially propped up by government employment creation and expenditures – especially those expenditures which are fiscally re-cycled back into increasing the size of government, all to the unfortunate displacement of the productive private sector;

=> A declaration by the Bank For International Settlements (the “BIS,” one of the least known and understood as well as secretive and powerful international policy-making bodies in the world) that the United States Dollar is no longer the preferred reserve currency to be held by banks worldwide, leading the dollar into its steepest decline in recorded history.

The above trends and events could lead to the most severe business, economic and consumer crisis since the debacle of 2008, when the world's leading financial institutions demonstrated historically unprecedented irresponsibility, corruption and a total lack of contrition. The systemic cracks in the world's underlying economic foundation have not been repaired, and the business and consumer environments have not gained significant strength in their areas of long-embedded habitual weakness such as an increased ratio of borrowing to spending and an increased ratio of borrowing to saving. Hyper-leverage leads to disastrous results for consumers and businesses – this is, or should be, a matter of common sense.

Defense Strategies Before The Event Of A Collapse:

=> Basic survivalism – the stockpiling of non-perishable foods, potable water, fuel and the like – it is not ridiculous to keep an eye on what the “Doomsday Preppers” are doing and to follow their example, but not to a ridiculous extreme. Don't have a false sense of confidence because the government and mainstream media would have you believe that things have gotten better – this latter notion is utterly ridiculous. You cannot make a nation truly prosperous by perpetuating bad fiscal hygiene. You cannot perpetually repay debt with more borrowing and expect profit to result. Losses can only truly be reversed by significant ongoing increases in productivity.

=> Diversify your savings and investment holdings geographically and in terms of currency denomination – don't concentrate your dollars in any one industry, technology, country or currency; be an Internationalist. Consider investing balances in cybercurrencies. Cybercurrencies will only be bolstered by devaluation of bank-supported sovereign currencies. Since cybercurrencies are a P2P (“peer-to-peer”) variant on the theme of barter, i.e., where no banks are involved and interest charged, they are becoming a serious contender for the conduct of business and commerce, which is currently infested and controlled by banks in virtually every aspect. Incidentally, when I refer to cybercurrencies, I am using that term synonymously with electronic currencies and virtual currencies, for they all refer to the same concept;

=> Borrow up to your maximum in U.S. Dollars in order to purchase non-U.S. Dollar-denominated investments in cybercurrency, foreign currencies and tangible (but necessary and functional) assets currently at distressed prices, such as residential real estate in densely-populated areas and actual, physical commodities that have some practical use. Avoid obsessing over precious metals and exchange-traded commodities which become non-necessities in a survivalist worldscape; their values will reflect reality and not speculation in the trough of a long, deep depression. In terms of tangible commodities of true value, think in terms of such useful physical items as power generators, meal rations, medical supplies, solar panels, water purifiers, potassium iodide and the like. Items of this sort can be sold or traded at a substantial premium in a worst-case economic scenario. This is truly thinking “outside of the box” and “inside of the shelter”;

=> Insure your valuables to the greatest and most practical extent possible for damage and theft. Similarly hedge your investments and insure your portfolio, and be certain that you have both business interruption insurance and personal loss of income insurance if you are conventionally employed;

Don't be a lender expecting to be paid back in U.S. Dollars. It would be wiser to be a borrower while rates are artificially low, and to be paid back in cybercurrency or tangibles of true and lasting value. And be certain to have a disaster recovery strategy in place for your business as well as for your personal life. Private companies which deal in survivalism are making ever-increasing profits as a function of the populace’s suspicious that the economic outlook in the coming years may be less than rosy — and these businesses will be reaping fortunes in the trying times imminently ahead. If you can dedicate or re-purpose a portion or segment of your business to survivalism, this might provide a wise hedge against an uncertain and dangerous future.

Think about it and consider acting upon it sooner rather than later.


Labels, Tags, Keywords, Categories And Search Terms For This Article: imminent, global, economic, business, disaster, doomsday, The Global Futurist, Douglas E. Castle, insurance, Bitcoin, investments, futurism, survivalism, market collapse 

NOTE: THE INFORMATION CONTAINED IN THIS ARTICLE SHOULD NOT BE CONSTRUED BY THE READER AS BEING LEGAL, FINANCIAL, TAX, ACCOUNTING, ECONOMIC OR INVESTMENT ADVICE. NO OFFERING OF SECURITIES OR OTHER INVESTMENT INTERESTS OF ANY TYPE IN ANY ENTITY IS MADE HEREBY, NOR IS A SOLICITATION FOR THE PURCHASE OF SECURITIES OR OTHER INVESTMENT INTERESTS OF ANY TYPE IN ANY ENTITY MADE HEREBY. THIS ARTICLE IS INTENDED FOR GENERAL INFORMATIONAL PURPOSES ONLY AND REPRESENTS THE VIEW OF THE AUTHOR ONLY.

THIS ARTICLE IS COPYRIGHT 2014 BY DOUGLAS E. CASTLE, WITH ALL RIGHTS RESERVED. ANY REPRODUCTION, TRANSMITTAL OR DISTRIBUTION OF THIS ARTICLE, EITHER IN WHOLE OR PART, IS UNAUTHORIZED AND MAY BE UNLAWFUL, UNLESS FULL ATTRIBUTION IS GIVEN TO THE AUTHOR AND ALL IMAGES AND LINKS IN THE ARTICLE REMAIN INCLUDED AND “LIVE.”




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THE GLOBAL FUTURIST – Douglas E Castle

http://theglobalfuturist.blogspot.com

Discovering and following significant trends across an extensive range of domestic and international consumer, business, demographic, cultural, economic, political, technological and other key areas of influence and impact on life and business; predicting future change, preparing for it and profiting from it.

Key Terms: business, forecasting, trends, future, prediction, disruption, displacement, innovation, complexity theory, economic waves and cycles, projections, planning


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