(The Economic Collapse Blog)—As you will see below, video footage that was just captured on the streets of Philadelphia looks like it could have been pulled out of an extremely violent video game. If this is what our streets look like now, what are they going to look like once economic conditions become very harsh in this country? Just a few days ago, I wrote about the tremendous chaos that is erupting in cities all over America. When I wrote that article, I wasn’t even aware of the drama that had just played out in the city of Philadelphia. From late on Saturday night through the early hours of Sunday morning, there were multiple clashes with police as authorities attempted to break up a series of illegal street takeovers…
Philadelphia continues its spiral into chaos under Democratic leadership, with violent mobs once again taking to the streets, this time attacking police officers and patrol cars in a brazen display of lawlessness.
According to reports from 6 ABC, hundreds of cars and massive crowds participated in illegal car meetups, causing widespread chaos that lasted from 9:30 p.m. Saturday until 4:30 a.m. Sunday.
At least 11 meetups took place, six of which turned into violent confrontations with police. The mayhem resulted in the hospitalization of one officer, while five police cars were heavily damaged.
These kids are completely and utterly out of control.
One of them even had a flamethrower that he used to create a ring of fire in the middle of one major intersection.
And when the police arrived at these events, these kids were not afraid to attack them at all…
“Everything they do is disruptive, they’re ruining the quality of life. At one point, they had a flamethrower—yes, there’s video with a flamethrower.”
“They’re able to disperse quickly and then reform at other locations. That’s why we have officers dedicated. It’s playing wack-a-mole. We hit them at once, and they move to another,” he added.
“It was the aggressiveness at some of the locations — the incident outside of City Hall was aggressive. They physically went after our officers,” Cram said. “They don’t care about your safety, their own safety. You’ve all seen the videos of their behavior. How much chaos can they cause?”
Isn’t it odd how the word “chaos” just keeps popping up all over the place these days?
As you can see in this video footage, the streets of Philadelphia really do look like they belong in “Grand Theft Auto”…
Of course Philadelphia is far from alone.
At this point, there are millions of Americans that are literally afraid to leave their own homes because violent crime has become so pervasive.
In a “tiny Wisconsin community”, a member of the Tren de Aragua gang was just arrested for “sexually assaulting a mother and abusing her daughter”…
A member of Venezuela’s Tren de Aragua gang was arrested in a tiny Wisconsin community for allegedly sexually assaulting a mother and abusing her daughter after he had been arrested and released earlier this year in Minneapolis.
Republican Rep. Derrick Van Orden, whose grandchildren live less than a mile away from the Prairie du Chien home where the mother and daughter were held against their will and repeatedly victimized, told Fox News Digital that it was only a matter of time before tragedy would strike the community amid the White House’s open-border policies and sanctuary city initiatives.
All of this chaos is going to play a major role in how these swing states vote.
People are afraid of what they see in the streets, and that isn’t going to change any time soon.
If things are this bad now, what is our society going to look like once economic conditions get really bad?
Yes, economic conditions are not good at all right now. This is something that I have documented extensively. But as bad as things are at this moment, the truth is that this is going to look like rip-roaring prosperity compared to what is coming.
Sadly, there are lots of signs that the economy is starting to move in the wrong direction quite rapidly now.
For example, it is being reported that U.S. consumer confidence just dropped by the largest amount in over three years…
Consumers’ view on the economy tumbled in September, falling by the largest level in more than three years as fears grew about jobs and business conditions, the Conference Board reported Tuesday.
The board’s consumer confidence index slid to 98.7, down from 105.6 in August, the biggest one-month decline since August 2021. The Dow Jones consensus forecast was for a reading of 104. By contrast, the index had a reading of 132.6 in February 2020, a month before the Covid pandemic hit.
Each of the five components the organization samples fared worse on the month, with the biggest fall coming among those aged 35-54 and earning less than $50,000.
And banks continue to permanently shut down more branches at a staggering rate…
US banks have closed more than 50 branches in just two weeks, as the march towards online banking continues to decimate local services.
Wells Fargo, Chase, and Fulton were among the banks who closed locations between August 19 and September 7.
Bank of America and Chase gave notice to close the most locations, notifying the regulator that they will shut a further twelve of their branches each.
Every week, more branches are disappearing, and that should deeply alarm all of us.
Of course the exact same thing could be said about retail stores.
Sadly, the very last full-size Kmart store in the continental United States is about to close forever…
The last full-size Kmart store in the continental United States is set to close in October, leaving only one downsized location remaining, reports say.
The department store chain, which once operated around 2,300 locations in the early 1990s, will shutter the full-size store in Bridgehampton, New York, on Oct. 20, Newsday is reporting, citing an employee there.
That means a smaller Kmart store in Miami will become the last one remaining in the U.S. Kmart, which is now owned by Transformco, also has three stores in the U.S. Virgin Islands.
As economic conditions deteriorate, millions of impoverished people that inhabit our major cities are going to become extremely desperate.
And extremely desperate people do extremely desperate things.
We are already seeing so much chaos all over the nation, but what is ahead is going to be so much worse.
Michael’s new book entitled “Why” is available in paperback and for the Kindle on Amazon.com, and you can subscribe to his Substack newsletter at michaeltsnyder.substack.com.
Five Things New “Preppers” Forget When Getting Ready for Bad Times Ahead
The preparedness community is growing faster than it has in decades. Even during peak times such as Y2K, the economic downturn of 2008, and Covid, the vast majority of Americans made sure they had plenty of toilet paper but didn’t really stockpile anything else.
Things have changed. There’s a growing anxiety in this presidential election year that has prompted more Americans to get prepared for crazy events in the future. Some of it is being driven by fearmongers, but there are valid concerns with the economy, food supply, pharmaceuticals, the energy grid, and mass rioting that have pushed average Americans into “prepper” mode.
There are degrees of preparedness. One does not have to be a full-blown “doomsday prepper” living off-grid in a secure Montana bunker in order to be ahead of the curve. In many ways, preparedness isn’t about being able to perfectly handle every conceivable situation. It’s about being less dependent on government for as long as possible. Those who have proper “preps” will not be waiting for FEMA to distribute emergency supplies to the desperate masses.
Below are five things people new to preparedness (and sometimes even those with experience) often forget as they get ready. All five are common sense notions that do not rely on doomsday in order to be useful. It may be nice to own a tank during the apocalypse but there’s not much you can do with it until things get really crazy. The recommendations below can have places in the lives of average Americans whether doomsday comes or not.
Note: The information provided by this publication or any related communications is for informational purposes only and should not be considered as financial advice. We do not provide personalized investment, financial, or legal advice.
Secured Wealth
Whether in the bank or held in a retirement account, most Americans feel that their life’s savings is relatively secure. At least they did until the last couple of years when de-banking, geopolitical turmoil, and the threat of Central Bank Digital Currencies reared their ugly heads.
It behooves Americans to diversify their holdings. If there’s a triggering event or series of events that cripple the financial systems or devalue the U.S. Dollar, wealth can evaporate quickly. To hedge against potential turmoil, many Americans are looking in two directions: Crypto and physical precious metals.
There are huge advantages to cryptocurrencies, but there are also inherent risks because “virtual” money can become challenging to spend. Add in the push by central banks and governments to regulate or even replace cryptocurrencies with their own versions they control and the risks amplify. There’s nothing wrong with cryptocurrencies today but things can change rapidly.
As for physical precious metals, many Americans pay cash to keep plenty on hand in their safe. Rolling over or transferring retirement accounts into self-directed IRAs is also a popular option, but there are caveats. It can often take weeks or even months to get the gold and silver shipped if the owner chooses to close their account. This is why Genesis Gold Group stands out. Their relationship with the depositories allows for rapid closure and shipping, often in less than 10 days from the time the account holder makes their move. This can come in handy if things appear to be heading south.
Lots of Potable Water
One of the biggest shocks that hit new preppers is understanding how much potable water they need in order to survive. Experts claim one gallon of water per person per day is necessary. Even the most conservative estimates put it at over half-a-gallon. That means that for a family of four, they’ll need around 120 gallons of water to survive for a month if the taps turn off and the stores empty out.
Being near a fresh water source, whether it’s a river, lake, or well, is a best practice among experienced preppers. It’s necessary to have a water filter as well, even if the taps are still working. Many refuse to drink tap water even when there is no emergency. Berkey was our previous favorite but they’re under attack from regulators so the Alexapure systems are solid replacements.
For those in the city or away from fresh water sources, storage is the best option. This can be challenging because proper water storage containers take up a lot of room and are difficult to move if the need arises. For “bug in” situations, having a larger container that stores hundreds or even thousands of gallons is better than stacking 1-5 gallon containers. Unfortunately, they won’t be easily transportable and they can cost a lot to install.
Water is critical. If chaos erupts and water infrastructure is compromised, having a large backup supply can be lifesaving.
Pharmaceuticals and Medical Supplies
There are multiple threats specific to the medical supply chain. With Chinese and Indian imports accounting for over 90% of pharmaceutical ingredients in the United States, deteriorating relations could make it impossible to get the medicines and antibiotics many of us need.
Stocking up many prescription medications can be hard. Doctors generally do not like to prescribe large batches of drugs even if they are shelf-stable for extended periods of time. It is a best practice to ask your doctor if they can prescribe a larger amount. Today, some are sympathetic to concerns about pharmacies running out or becoming inaccessible. Tell them your concerns. It’s worth a shot. The worst they can do is say no.
If your doctor is unwilling to help you stock up on medicines, then Jase Medical is a good alternative. Through telehealth, they can prescribe daily meds or antibiotics that are shipped to your door. As proponents of medical freedom, they empathize with those who want to have enough medical supplies on hand in case things go wrong.
Energy Sources
The vast majority of Americans are locked into the grid. This has proven to be a massive liability when the grid goes down. Unfortunately, there are no inexpensive remedies.
Those living off-grid had to either spend a lot of money or effort (or both) to get their alternative energy sources like solar set up. For those who do not want to go so far, it’s still a best practice to have backup power sources. Diesel generators and portable solar panels are the two most popular, and while they’re not inexpensive they are not out of reach of most Americans who are concerned about being without power for extended periods of time.
Natural gas is another necessity for many, but that’s far more challenging to replace. Having alternatives for heating and cooking that can be powered if gas and electric grids go down is important. Have a backup for items that require power such as manual can openers. If you’re stuck eating canned foods for a while and all you have is an electric opener, you’ll have problems.
Don’t Forget the Protein
When most think about “prepping,” they think about their food supply. More Americans are turning to gardening and homesteading as ways to produce their own food. Others are working with local farmers and ranchers to purchase directly from the sources. This is a good idea whether doomsday comes or not, but it’s particularly important if the food supply chain is broken.
Most grocery stores have about one to two weeks worth of food, as do most American households. Grocers rely heavily on truckers to receive their ongoing shipments. In a crisis, the current process can fail. It behooves Americans for multiple reasons to localize their food purchases as much as possible.
Long-term storage is another popular option. Canned foods, MREs, and freeze dried meals are selling out quickly even as prices rise. But one component that is conspicuously absent in shelf-stable food is high-quality protein. Most survival food companies offer low quality “protein buckets” or cans of meat, but they are often barely edible.
Prepper All-Naturals offers premium cuts of steak that have been cooked sous vide and freeze dried to give them a 25-year shelf life. They offer Ribeye, NY Strip, and Tenderloin among others.
Having buckets of beans and rice is a good start, but keeping a solid supply of high-quality protein isn’t just healthier. It can help a family maintain normalcy through crises.
Prepare Without Fear
With all the challenges we face as Americans today, it can be emotionally draining. Citizens are scared and there’s nothing irrational about their concerns. Being prepared and making lifestyle changes to secure necessities can go a long way toward overcoming the fears that plague us. We should hope and pray for the best but prepare for the worst. And if the worst does come, then knowing we did what we could to be ready for it will help us face those challenges with confidence.