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Posted: 6/27/2015 9:53:39 PM EDT
That puts us right around the 4th and Obama's team planning something....If you wanted to get some more ammo, might not be a bad idea to put that order in this weekend or first thing Monday.
http://www.usatoday.com/story/news/nation/2015/06/27/homeland-security-fbi-warn-of-possible-july-4-attacks/29389963/ If things do go bad...this stuff will be worth a lot more. Maybe even priceless |
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What's the connection to Greece? View Quote Who knows what might cause a disruption or spike in prices. Greece pulls out of the EU, who knows what will happen next to the world markets. In return, no telling what could happen here. Prices aren't bad right now...don't hold off if its needed. |
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But I thought Greece went bankrupt a few years ago. Did they get back up and running again that soon, just in time to fail again?
Hmm, I could use some more Greek .30-06 surplus ammo. |
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But I thought Greece went bankrupt a few years ago. Did they get back up and running again that soon, just in time to fail again? Hmm, I could use some more Greek .30-06 surplus ammo. View Quote German (through the UE) has bailed them out several times (so they haven't gone bankrupt). German isn't going to give them anymore money. |
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Quoted: German (through the UE) has bailed them out several times (so they haven't gone bankrupt). German isn't going to give them anymore money. View Quote View All Quotes View All Quotes Quoted: Quoted: But I thought Greece went bankrupt a few years ago. Did they get back up and running again that soon, just in time to fail again? Hmm, I could use some more Greek .30-06 surplus ammo. German (through the UE) has bailed them out several times (so they haven't gone bankrupt). German isn't going to give them anymore money. |
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Obama will bail them out. i read the headline on drudge that we are afraid it will fall to the Russians? really. let Russia have it and the debt. but you watch. OBO will give them a couple of billion to save Greece.
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Because I think the people there are getting wise to the whole "print more money" thing. View Quote View All Quotes View All Quotes Quoted:
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Why don't they just print worthless script like we do? Because I think the people there are getting wise to the whole "print more money" thing. it is also because of the dollar standard. we can do it while almost everyone else can't. if grease did just print more, no one else would take it and their inflation would sky rocket. if everyone stepped away from the dollar for international trade we would be in the same situation truthfully |
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it is also because of the dollar standard. we can do it while almost everyone else can't. if grease did just print more, no one else would take it and their inflation would sky rocket. if everyone stepped away from the dollar for international trade we would be in the same situation truthfully View Quote View All Quotes View All Quotes Quoted:
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Why don't they just print worthless script like we do? Because I think the people there are getting wise to the whole "print more money" thing. it is also because of the dollar standard. we can do it while almost everyone else can't. if grease did just print more, no one else would take it and their inflation would sky rocket. if everyone stepped away from the dollar for international trade we would be in the same situation truthfully Sadly, I'm kinda hoping that occurs. Teach the politicians that they can't spend their way out. |
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Sadly, I'm kinda hoping that occurs. Teach the politicians that they can't spend their way out. View Quote View All Quotes View All Quotes Quoted:
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Why don't they just print worthless script like we do? Because I think the people there are getting wise to the whole "print more money" thing. it is also because of the dollar standard. we can do it while almost everyone else can't. if grease did just print more, no one else would take it and their inflation would sky rocket. if everyone stepped away from the dollar for international trade we would be in the same situation truthfully Sadly, I'm kinda hoping that occurs. Teach the politicians that they can't spend their way out. I am kind of with you but it will turn this county from 1st world to 3rd world fast and it won't be pretty |
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it is also because of the dollar standard. we can do it while almost everyone else can't. if grease did just print more, no one else would take it and their inflation would sky rocket. if everyone stepped away from the dollar for international trade we would be in the same situation truthfully View Quote View All Quotes View All Quotes Quoted:
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Why don't they just print worthless script like we do? Because I think the people there are getting wise to the whole "print more money" thing. it is also because of the dollar standard. we can do it while almost everyone else can't. if grease did just print more, no one else would take it and their inflation would sky rocket. if everyone stepped away from the dollar for international trade we would be in the same situation truthfully Well, the dollar standard is only good if it is tied to oil. Since Russia, China and a growing number of other countries are circumnavigating around that, won't be long before there will be no more "dollar standard". |
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I am kind of with you but it will turn this county from 1st world to 3rd world fast and it won't be pretty View Quote View All Quotes View All Quotes Quoted:
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Sadly, I'm kinda hoping that occurs. Teach the politicians that they can't spend their way out. I am kind of with you but it will turn this county from 1st world to 3rd world fast and it won't be pretty Too big to fail only means that when it does actually fail, it going to be spectacular (not in a good sense) |
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Well, the dollar standard is only good if it is tied to oil. Since Russia, China and a growing number of other countries are circumnavigating around that, won't be long before there will be no more "dollar standard". View Quote View All Quotes View All Quotes Quoted:
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Why don't they just print worthless script like we do? Because I think the people there are getting wise to the whole "print more money" thing. it is also because of the dollar standard. we can do it while almost everyone else can't. if grease did just print more, no one else would take it and their inflation would sky rocket. if everyone stepped away from the dollar for international trade we would be in the same situation truthfully Well, the dollar standard is only good if it is tied to oil. Since Russia, China and a growing number of other countries are circumnavigating around that, won't be long before there will be no more "dollar standard". that isn't entirely correct. it is also tied to most foreign trade and assistance programs. oil is the biggest one though and if it were to swap then the rest would cascade in line most likely. IMO too much trade and "inflation" is based on oil. it drives the worlds encomies |
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People really should pay attention to what's going on in Greece. Its the perfect example of what happens when a country goes into an economic collapse. The banks are closed, ATM withdrawals limited, ATMs running out of cash. What good does all that money do you sitting in the bank if you can access it? The banks pulled this same stunt in Cyprus in 2013.
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People really should pay attention to what's going on in Greece. Its the perfect example of what happens when a country goes into an economic collapse. The banks are closed, ATM withdrawals limited, ATMs running out of cash. What good does all that money do you sitting in the bank if you can access it? The banks pulled this same stunt in Cyprus in 2013. View Quote What good does having the money do you if it has no value? |
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People really should pay attention to what's going on in Greece. Its the perfect example of what happens when a country goes into an economic collapse. The banks are closed, ATM withdrawals limited, ATMs running out of cash. What good does all that money do you sitting in the bank if you can access it? The banks pulled this same stunt in Cyprus in 2013. View Quote Let's bring it closer to home... Amazon link to: Patriots |
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People really should pay attention to what's going on in Greece. Its the perfect example of what happens when a country goes into an economic collapse. The banks are closed, ATM withdrawals limited, ATMs running out of cash. What good does all that money do you sitting in the bank if you can access it? The banks pulled this same stunt in Cyprus in 2013. Let's bring it closer to home... Amazon link to: Patriots WTH...why Idaho....the Republic will be restored from Patriots in Missouri That did look like a good read. Just put another 3k rds in the Ammo Fort Buying it cheap and stacking it a little higher |
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Cash will have a value (albeit a diminishing one) until hyper-inflation kicks in or people get smart to its illusion. Either way cash should be good for the first three to five days after a collapse. A smart person will convert their cash to tangible goods as quickly as possible before it becomes worthless. Greece is a preview of things to come. We have maybe two years in the US before something like this happens unless those asshats in Washington DC turn things around.
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Cash will have a value (albeit a diminishing one) until hyper-inflation kicks in or people get smart to its illusion. Either way cash should be good for the first three to five days after a collapse. A smart person will convert their cash to tangible goods as quickly as possible before it becomes worthless. Greece is a preview of things to come. We have maybe two years in the US before something like this happens unless those asshats in Washington DC turn things around. View Quote Ammo? |
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Quoted: Quoted: Cash will have a value (albeit a diminishing one) until hyper-inflation kicks in or people get smart to its illusion. Either way cash should be good for the first three to five days after a collapse. A smart person will convert their cash to tangible goods as quickly as possible before it becomes worthless. Greece is a preview of things to come. We have maybe two years in the US before something like this happens unless those asshats in Washington DC turn things around. Ammo? |
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Cash will have a value (albeit a diminishing one) until hyper-inflation kicks in or people get smart to its illusion. Either way cash should be good for the first three to five days after a collapse. A smart person will convert their cash to tangible goods as quickly as possible before it becomes worthless. Greece is a preview of things to come. We have maybe two years in the US before something like this happens unless those asshats in Washington DC turn things around. Ammo? Phone books. |
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Put in BOLD he quick read sections....looks they are going to have a festive 4th as well
http://www.telegraph.co.uk/finance/economics/11714655/Greek-banks-down-to-500m-in-cash-reserves-as-economy-crashes.html Greek banks down to 500m in cash reserves as economy crashes The daily allowance of cash from many ATM machines has already dropped from 60 to 50, purportedly because 20 notes are running out A man walks past a graffitti with a EU flag reading in German The vote was originally intended to secure a stronger negotiating mandate for a showdown with Europe, but it is rapidly turning into an 'in-or-out' decision on euro membership By Ambrose Evans-Pritchard, in Athens 7:20PM BST 02 Jul 2015 Follow Comments1424 Comments Greece is sliding into a full-blown national crisis as the final cash reserves of the banking system evaporate by the hour and swathes of industry start to shut down, precipitating the near disintegration of the ruling coalition. Business leaders have been locked in talks with the Bank of Greece, pleading for the immediate release of emergency liquidity funds (ELA) to cover food imports and pharmaceutical goods before the tourist sector hits a brick wall. Officials say the central bank will release the funds as soon as Friday, but this is a stop-gap measure at best. "We are on a war footing in this country," said Yanis Varoufakis, the Greek finance minister. • Greece needs another 50bn and massive debt relief, admits IMF The daily allowance of cash from many ATM machines has already dropped from 60 to 50, purportedly because 20 notes are running out. Large numbers are empty. The financial contagion is spreading fast as petrol stations and small businesses stop accepting credit cards. Constantine Michalos, head of the Hellenic Chambers of Commerce, said lenders are simply running out of money. "We are reliably informed that the cash reserves of the banks are down to €500m. Anybody who thinks they are going to open again on Tuesday is day-dreaming. The cash would not last an hour," he said. "We are in an extremely dangerous situation. Greek companies have been excluded from the electronic transfers of Europe's Target2 system. The entire Greek business community is unable to import anything, and without raw materials they can't produce anything," he said. A banner reading 'no to austerity and fear' atop Lycabettus hill in Athens Pavlos Deas, owner of an olive processing factory in Chalkidiki, told The Telegraph that he may have to shut down a plant employing 250 people within days. "We can't send any money abroad to our suppliers. Three of our containers have been stopped at customs control because the banks can't give a bill of landing. One is full of Spanish almonds, the others full of Chinese garlic," he said. "We don't know how we are going to execute and export an order of 60 containers for the US. We don't even have enough gas. We asked for 10,000 litres but they are only letting us have 2,000. It's being rationed by the day. Factories are closing around us in a domino effect and we're all going to lose everything if this goes on," he said. The fast-moving events come amid signs of deep dissension within the coalition over the wisdom of the country's referendum this Sunday. The vote was originally intended to secure a stronger negotiating mandate for a showdown with Europe's creditor powers, but it is rapidly turning into an "in-or-out" decision on euro membership and the survival of the Syriza government. Four members of the nationalist Independent Greeks party (Anel) - the junior partners - said they would break ranks and vote "Yes" to creditor demands - though no offer is now on the table - admitting that they were aghast by the closure of the banking system and the drastic events of recent days. The party's hardline chief and defence minister, Panos Kammenos, dismissed them contemptuously. "We are at war and there will be no backing down. Whoever does not have the stomach for war, be gone," he said. Yanis Varoufakis, Greece's finance minister, said he would resign is the Greek people voted "yes" on Sunday Mr Varoufakis vowed to resign if the Greek people voted yes. "I prefer to cut off my own arm rather than sign an agreement without debt restructuring," he told Bloomberg TV. He said there is not a "smidgeon of an iota of possibility" that the terms on offer can lift the Greek economy out of a deflationary tailspin, insisting that the talks broke down because the creditors refused to face up to the fact that Greece's debt is unpayable. The International Monetary Fund has tacitly endorsed his claims, admitting that the country needs large-scale debt relief and 50bn of fresh funds over the next three years to give the economy time to recover. Mr Varoufakis said acceptance of the creditors's proposals would merely mean another bruising fight in a few months' time and a permanent cycle of hostility. The mood within the Syriza movement is increasingly bitter and polarized. One MP appeared to have lost confidence in the party leadership. "We have had months of childish tactics. They thought they could blackmail Europe into making concessions instead of going to the root of the problem facing this country and accepting that we have to break free altogether. They don't know what they are doing," he told The Telegraph. Private citizens have requested an injunction from Greece's top court to halt the referendum, claiming it is unconstitutional. Yiorgos Kaminis, the mayor of Athens, said the vote on a creditor package that no longer even exists - and with a question that nobody understands - reduces the country to ridicule. "We are facing a national catastrophe, it is so self-evident. If Greece votes 'no' we will be obliged to go back to the drachma immediately, and sooner of later we may be forced to leave the EU as well. I don't want my children to be part of North Africa," he said. The mayor said the whole structure of the Greek state was falling apart as the political crisis grinds on into its sixth month. "Nobody is paying any taxes any longer. The state has no money. We're facing a disaster," he said. Mr Kaminis, a law professor and an independent politician, is widely-deemed more credible than politicians from the establishment parties and has emerged as the preferred figurehead of the "yes" movement. Yet he admitted having "no contact" so far with the other groups in favour of a deal, a power structure known as the "inner Troika" in the demonology of the Greek Left. It is a sign of how fractured the "yes" camp still is with just two days left to put out their message, and polls showing the vote too close to call. "We have to explain in a very determined way what is at stake. People seem to think that it was the EU that closed our banks," he said. Mr Michalos, from the Hellenic Chambers, said a five-man committee at the Greek treasury is rationing foreign funds for companies on a top priority basis but it is entirely overwhelmed. "They can't possibly deal with thousands of requests," he said. The net effect is total paralysis. His own two companies are still hanging on but the danger is mounting. One produces latex for kitchen gloves and the teats on baby bottles. "If I can't import gum from Malaysia I am going to have a serious problem. I have four weeks' inventory," he said. His other company imports meat for supermarkets and restaurants. That is in dire straits already. "I can't import anything. Restaurants are starting to close down because they can't obtain food and we are going straight into the peak tourist season. It is going to be utterly horrendous if this goes on," he said. |
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