The dominoes have begun to fall. It will be a relatively slow-motion cascade of crises from now through the next several weeks and mere handful of months.
The Greek default will turn out to be the trigger event that will cause not only a catastrophe in Greece, but will also quickly spread through much of Europe. The falling dominoes will ultimately criss-cross the globe, as the central banks fail to push the inevitable any further down the road.
Every day the news coverage will show the spreading fear and destruction, though some mainstream media outlets may try to keep it all on the low down.
Preppers Want a Warning Sign
Most folks have seen this coming for a long time, but we really have wanted a big flare in the sky or a warning shot across the bow to let us know that the expected collapse is imminent. Well consider this Greek debt default to be the early warning sign for your final preps if you are in North America.
Those in Europe--the urgency for you to make ready is great.
Astute and discerning preppers have already begun to move on this over the last 24 hours. If there is one thing I know it is the preparedness marketplace. This is already showing to be one of those rare events that will bring about panic buying of preps--particularly long-term storage food--to the point where suppliers will quickly have their warehouses emptied and customer waiting lists will stretch out for months.
I've been in the business for long enough that I have seen it happen two or three times. It hurts and it's frustrating. But it does happen and I put it today at about a 75% chance of happening again, starting this week.
Be forewarned. Stay safe.