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The Economic Collapse Is Here- Have You Prepared?

The Economic Collapse Is Here- Have You Prepared?

thecommonsenseshow.com / By Dave Hodges / July 16th, 2017

My mother’s side of our American family’s roots are traceable to 1745.  One of the names from our family line is Ford. Yes, Henry Ford and Gerald Ford are distant cousins. My family was wealthy and successful in Midwestern politics and in business. The “Jenkins” and “Ford” side of the family owned hotels, real estate and banks.

It could be said that my family had married into the elite of this country and despite all of these advantages, my mother’s side of the family went completely belly up when the “Great” Depression struck following the Stock Market Crash. My mother’s side of the family lost everything, and I mean everything. The economic destruction was so complete that my mother later married into a German immigrant family from a small town in Iowa, following the Depression. This was something that my “bluebloods” maternal ancestors would have never considered only a few short years before.

My mother, although extremely young when the Depression came did not escape the consequences of unsecured investments in a failing economy. I grew up with my mother’s conservative voice in my ear. “Except for your house, don’t buy on credit, save your money, but do not trust your criminal bankers and when trouble visits you are totally on your own”. My mother’s conservatism rubbed off on me and has served me well and my wife is a carbon copy of my mother, financially speaking. Today, except for a small amount on our house, we have almost no debt. Unlike most Americans, I have never paid interest on a credit card.

Because my wife and I grew up with parents who had been burned by corrupt elite members of our society who engineered the Depression for their benefit, I learned these lessons of history without having to live them. However, my family background has taught me we are at the precipice, again, of financial ruin for the unprotected and ignorant masses of this country.