The danger of countries such as Greece going into default is a sign of much deeper problems. Sovereign default is an indicator that we near the end of the road.

When governments  go broke, basic social institutions break down. This is already beginning to  happen. In the US, some towns have suspended basic services. Tracy, a small city in California, has announced it will charge $300 for each emergency call unless callers subscribe to a prepaid $49 plan that allows for unlimited emergency calls.

This is just the beginning. Today, they are isolated instances. In the next few years, they will become commonplace.  People have no idea how deep this economic collapse will be.  Someday, they will.

 We are suspended between the illusion of prosperity that was promoted by credit and the devastation that is not yet here. Soon, we will wake up to the reality of what credit created. Greece is only the beginning. Nations, cities, and states will fall before this is over.

 Get ready.

Good luck,

Darryl Robert Schoon

www.survivethecrisis.com

www.drschoon.com