Damian McBride appeared to suggest that the stock market dip could lead to civil disorder or other situations where it would be unreasonable for someone to leave the house.
“Advice on the looming crash, No.1: get hard cash in a safe place now; don’t assume banks & cashpoints will be open, or bank cards will work,” he tweeted.
“Crash advice No.2: do you have enough bottled water, tinned goods & other essentials at home to live a month indoors? If not, get shopping.
“Crash advice No.3: agree a rally point with your loved ones in case transport and communication gets cut off; somewhere you can all head to.”
Mr McBride credited his former boss Gordon Brown with preventing a cataclysm by nationalising the banking system
during the 2008 crash.
“We were close enough in 2008 (if the bank bailout hadn’t worked),” he said. “and what’s coming is on 20 times that scale”.
Financial markets are unstable and periodically suffer crises which can have devastating consequences for the wider economy.
China’s “Black Monday” has plunged the global financial markets into chaos.The Shanghai Composite Index, China’s most important stock market index, was down 8.45 per cent, erasing a year’s gains in a day’s trading.
The FTSE100 fell 4.5 per cent, hoping £60bn off the price of UK shares, and the Dow Jones in the US fell by over a thousand points in its first minute of trading.
Some analysts have suggested that the stock market slide could be the start of a new global financial crisis.
Mr McBride’s suggestions about stocking up on canned goods, setting rally points and stocking up on bottled water were ridiculed by some users on Twitter as over the top, however.
Mr McBride was special adviser to Gordon Brown and head of communications at the Treasury for a period during the last Labour government.
Almost a day late and a dollar short….but, better late than never!!!
“Stock up on canned food for stock market crash…”
I thought only crazy conspiracy theorists and zombie apocalypse doomsday preppers did that.
This will reduce the wages of the eternally lazy, completely incompetent. and hopelessly alcoholic labor pool around here.
If I hold out a few more weeks I’ll get my truck fixed for a can of spam.
Posted this precisely for the reason stated in your comment.
“I thought only crazy conspiracy theorists and zombie apocalypse doomsday preppers did that. ”
This would be an article to print and show those that have not listened to advice in the past. Like Henry says, It takes a monyed man such as Trump to get the people on board about immigration, when all along, Henry has covered the issue in depth for years.
We’ve spent many years exposing the fraudulent reality created by the Zionist media. Hopefully enough of them will see through Trump, too, but people will always cling to hope. No one wants war, but its necessity is becoming more and more obvious.
All they need to do is find a new puppet to tell the people what they want to hear, and they’ll rally around him, holding onto hope that life can remain normal, and peaceful.
They’re going to pump more counterfeit money into the economy to see how long they can continue that game too, but eventually the economic reality will prevail, as will the political one.
To a large extent, the timing of the eventual collision between reality and the fantasy (both political and economic) comes down to a question of how successful we’ve been at informing the American people. if a lot of people know the truth, the real economy comes crashing home sooner. If the Zionists are successful at keeping the population fooled, it could last a little longer.
In my view, canned goods and water are merely the tip of the iceberg. Cash may help if it still has value, but when things crash hard, ALL stores will be looted within 72 hours. I suspect 1 month’s supply will get you caught way short. Then there’s:
1) Weapons & Ammo
2) Fuel for cooking and heat
3) If you don’t have a well w/hand pump, storage containers, and water filters ( too late )
4) Pre-cut and drilled plywood to cover windows
5) Additional internal door security to prevent them being kicked in
6) Medical supplies
7) Know how to block your sewer main to prevent backing-up.
And finally, if you aren’t prepared to be on your roof like the Korean shop owners during the Rodney King riots, well, me thinks your asteroids are grass. Especially in urban areas. I warned all my neighbors 3 years ago this was coming, and they looked at me like I was crazy. Of course, they have no idea of my stockpile for security reasons. The day may come when I have to put them down if they go rabid. Are you prepared to defend ???
Honeyville dehydrates.
Way better than canned.