The Economic Collapse blog reports that Robert Kiyosaki is warning of an impending economic collapse—and advises on preparations that include buying guns.
By way of credentials, Kiyosaki is the author of the successful “Rich Dad Poor Dad” books, reportedly having sold over 26 million copies, and runs the Rich Dad financial education website. He co-authored “Why We Want You to be Rich” with Donald Trump.
The Economic Collapse lists 11 “sound bites” from a Kiyosaki video (see sidebar media player) that include predictions of collapse where supermarket food supplies are reduced to less than three days—presumably with no restocking in sight. Of special relevance to readers of this column:
#5"buy a gun"
#8"so come to my house and I'm armed and dangerous and I'll welcome you"
#9"we have food, we have water, we have guns, gold and silver, and cash"
The significance here is not that a probability exists for terrible societal consequences from destructive financial policies—it’s that it is now being normalized by prominent voices, and more Americans are losing confidence in the system. Which means the message will reach beyond sites like The Economic Collapse, or one of my favorite regular stops, Western Rifle Shooters Association, where they routinely call our attention to other voices like The Market Ticker, which provides detailed analysis and explanations to back up the dire commentary.
The Los Angeles riots and Hurricane Katrina, where territory was ceded by civil authority for days, were mere localized disconnects where the majority of Americans could watch things unfold on TV and make conversation about how bad things looked for "those" poor people. When these Americans no longer have TV because they have no electricity—and all that that implies—we will indeed be living in interesting times.
And despite the warnings, despite a clear path of actions that can be taken now to prepare for potentials from any number of conceivable and even probable catalysts, many will be unaware of the alarm, others will ridicule it as paranoia, and even more will hear the words yet still do nothing.
I’m reminded of a scene from “The Immunity Syndrome,” an episode from the original Star Trek television series, where the USS Intrepid, a federation ship manned by Vulcans, was destroyed:
SPOCK: [T]hey never knew what was killing them. Their logic would not have permitted them to believe they were being killed.
KIRK: Explain.
SPOCK: Vulcan has not been conquered within its collective memory. The memory goes back so far that no Vulcan can conceive of a conqueror. I knew the ship was lost because I sensed it.
KIRK: What was it you sensed?
SPOCK: The touch of death.
KIRK: And what do you think they felt?
SPOCK: Astonishment.
Disclaimer: Referencing this video is not the same as an endorsement of any individual's products or services--there are many people out there making different claims and selling different plans so do your own due diligence and caveat emptor. No one can predict the future. I can't say any major economy-collapsing disasters will happen in 2012 and I can't say that they won't. Neither can you, so there. Your actual mileage may vary. If you experience an erection lasting longer than four hours...wait...wrong disclaimer...Sheesh.
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