Morgan Stanley Says Governments Will Default, Only Question Is How

Tyler Durden's picture

Presented without commentary, as we have pretty much said this about a hundred times prior.

 

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MsCreant's picture

I have goose bumps as I prepare to read.

B9K9's picture

I've been out on the road for a few weeks performing basic reconnaissance and evaluating potential relocation sites. I check in @ ZH, and sure enough, the same cast of characters are still kvetching, moaning, groaning and complaining.

Look, if you guys & gals had any real convictions behind your opinions, you'd get off the fucking computer and start acting out important next steps, as in making necessary preparations for survival. But no, gotta think about the job, pension, benefits, etc. Hah!

Ive been caught in an overseas war; my parents in two (including every dual citizen's favorite ME "second home"). I've seen what happens when the fuse blows and tribal impulses take over. The USA has way, way worse race divisions than the well known religious/cultural Muslim-Hindu, Greek-Turk or Jew-Arab divisions.

If you think for a moment that you're going to get a chance to preserve whatever "assets" you might have accumulated, think again. Or re-evaluate your positions - you cannot hold forth both that the US is going down and that you're going to somehow get through this intact.

Either wake up, realize what is occuring and **act on that intuition**, or stop wasting your time following events and just enjoy the lie the MSM is feeding the sheep.

As for me, I have only one recommendation: Get.Out.Now. EOM

Arthor Bearing's picture

It does surprise me that people who actually have money and property, and who know what's going on, come on this site and post all sorts of apocalyptic prophecy.... but apparently don't do anything to prepare for it. EVERYONE: IT'S A GOOD IDEA TO BUY GUNS AND START A FARM. OK?

As a recent graduate, I have neither money nor property, so this isn't yet an option for me.Go out and save your families, and think of the little guys like me while you do!

YourAverageDebtSlave's picture

Better yet I'm starting to think it's better to join the military.  You'll always have first divs on food, first divs on a place to sleep, a gun with many other people on your side with guns, and you're on the right side of a government that can start stripping citizen's freedoms and liberties on a whim (plus you get to do the stripping versus vice versa).  If you are citizen you may or may not have food, may or may not have a place to sleep, may be a literal army of one with your gun, and will be subservient to a government who uses the military to strip your freedoms and liberty at gun point.  Sure a farm and gun sounds nice, but a few guns aren't going to stave off a mob of ignorant, ex-entitled American's who are starving and pissed at the bag of lies they were sold.  A  farm and a gun won't do anyone any good when the government decides to start seizing land and food as a new source of assets.

As a semi-recent graduate, I'm wondering why the fuck I went to college and didn't just sign up with Uncle Sam.  Sure I may get killed in war, but it beats starving or getting killed my starving next door neighbor once SHTF.

Lastly I like how Morgan Stanley (a very big investment bank) gives an 8 page description of a scenario that they along with the Fed, other TBTF banks, and our bank bought government are largely responsible for.  I'm tired of banks (i.e. Goldman, BOA, etc.) giving detailed explanations on how fucked we are, given the fact they are partly the ones running the gangbang. 

tmosley's picture

Before you do, you need to pay attention to what happened to USSR soldiers after the collapse of the Soviet Empire.  They were not treated well, unless they were high ranking.  

aerojet's picture

Yeah, why make any sort of moral stance when just "following orders" is a viable strategy?  Just remember, you make your bed and then you have lie in it.  And when you are ordered to commit an atrocity, or maybe just run into enemy fire, you'll have to follow through.  You're nothing to the govenrment, just cannon fodder.

downrodeo's picture

so, if you can't beat them, join them?

doggings's picture

also think about if youre prepared to turn your weapons on countrymen, friends and family, because you will without doubt be ordered and "well paid" to at some point.

thats how the hyperinflation truly got underway in Zimbabwe, when they kept having to run off more billions to double and then treble again the pay for the Police and army to keep the growingly unhappy citizenry under control.

 

YourAverageDebtSlave's picture

Friends and family are one thing, but fellow countrymen?  Honestly I could give a fuck less. America isn't what it was back in 1776.  Too many uneducated sheep who would rather watch Biggest Loser than open up a history book and see the parallels of us and the Weimar Republic.  This board hardly represents the general public.  So why the fuck should I pay for their ignorance and stand side by side with them when SHTF fighting for bread crumbs.  Everyone on this board can say what they want, but when it comes down to survival, most people will say fuck the countryman shit, I'm looking out for me and my own.  And if it takes a military paycheck to do that, that's fine by me.  I'll look to see what happened with the Soviet and Zimbabwe before making a final decision.  But this is bullshit.  Most people on the street could give a flying fuck when you try to talk about the stuff discussed on this board, and you all are calling them countrymen and fellow citizens.  Their ignorance is going to lead to half the shit coming down the pipe.  Fuck patriotism and fuck my fellow countryman.  If they are not friends or family why should I care.  Now I know I'll catch a lot of shit for saying all this, but I'd put money that 99% of the commenters on the board would say the same thing if it came down to survival (and doubly so in such a ignorant, self-absorbed society as ours), and if you don't you're full of shit.  Now let's join hands and sing kumbayah.

RockyRacoon's picture

As a former military fella, I have up to this point said that the military would not draw down on their neighbors.  Reading the above makes me realize that if I can be seen as just another mouth to feed, another body to compete with for scarce resources, another "old useless fart" who is dispensable, then...

I just changed my mind.  I guess I forgot how self-centered and egotistical a generation we have just raised.   My apologies to all for my naivete.

 

New_Meat's picture

Rocky, the kids this time around, well it ain't the Americal Div. y'know. - Ned

RockyRacoon's picture

Yeah, I guess so.  My experience with an M-16 started in 1969 so I guess I do have a leg up on the snot-nose kid.

New_Meat's picture

Nowadays, chromed chambers, no sawdust in the round where powder ought to be .

- Ned

bIlluminati's picture

Rocky:

Don't sweat it. Do you think troops like that will behave like those defending New Orleans under Jackson? My guess is that they'd fold faster than the irregulars south of D.C. in the summer of 1814. And that Providence would *not* send a hurricane *or* a tornado to save their sorry asses.

But yeah, I've heard a bunch of young punk "males" proudly proclaim their faithlessness and cowardice.

Chump's picture

Instead of sneering at the sheep perhaps you'd be better served to help them see the truth.  Just sayin'.  If they ignore you then they ignore you, and you are under no obligation to help them when the SHTF.  You never were anyway.  But going from disdain for their ignorance to fuck-them-let's-murk-'em?  Revolting.

Yes, in an all-out survival situation, most people will look out only for themselves and their immediate family.  It does not logically follow, then, that joining the military and killing other people who are trying to survive is "OK."  This shit is gonna be bad enough without bloodthirsty savages backed by the government like yourself performing the exact, same deeds as other bloodthirsty savages roaming the streets.

JohnG's picture

I'm a Marine, retired.

Soldiers take an oath to defend posse commitatas.

If you would break that oath and fire on your countrymen, I hope I'm the first one you fire on. 

I'd shoot you in the head.

Fuck you.

JohnG's picture

I'm a Marine, retired.

Soldiers take an oath to defend posse commitatas.

If you would break that oath and fire on your countrymen, I hope I'm the first one you fire on. 

I'd shoot you in the head.

Fuck you.

YourAverageDebtSlave's picture

If it's between my child, wife, parents, or sisters dying of starvation or dehydration versus taking your life for the food or water they need, for your sake I hope you still have a quick and good shot.

MsCreant's picture

If you are a good neighbor, you don't need to think or act like that. You are better than an animal, you are a human.

Cathartes Aura's picture

ahhh, so you get

a gun with many other people on your side with guns, and you're on the right side of a government that can start stripping citizen's freedoms and liberties on a whim (plus you get to do the stripping versus vice versa).

and you get to kill

a mob of ignorant, ex-entitled American's who are starving and pissed at the bag of lies they were sold.

yeah, HOOORAHHHH - you get to kill amrkn's who were lied to - you da MAN!!!

hope it gets your d**k hard, ready for

running the gangbang

 

militarised sheep, just what one would expect from this country when all hell breaks loose - you're willing to eat the party line and kill for it - how does that make you smart or "better than", in ANY way?

you are your own hell dude.

Imminent Crucible's picture

Where did you guys get this clairvoyance that tells you that ZH readers just sit on their cans all day reading and posting, without having taken any precautionary steps?

I have a place in the Blue Ridge mtns, two places actually, and have my own 30 gpm well, my own power system, pistols, revolvers and four calibers of ammo stored, plus food and various means of exchange set aside.

My guess is there are more here who are like me than not.

ColonelCooper's picture

The reason I have so much time to piss, moan, kvetch, groan and complain is that I am already: Located.  Out.  Larder full. 

I agree with your sentiment.  Good luck.

Dental Floss Tycoon's picture

I've been out on the road for a few weeks performing basic reconnaissance and evaluating potential relocation sites.

Sound like you are way behind the curve if you are just now doing recon.  But that aside I applaud your advice to prep for survival. 

I intend to survive and to preserve assets.  And I intend to stay informed while I do it.  That's what dental floss farming in Montana is all about.

Semper Paratus

kathy.chamberlin@gmail.com's picture

nice handle, gertrude†

cheeks wanted: desert island

smokes

internet

oxygen

chamb the flame:

dental floss

music

pickles

 

Dr Emilio Lizardo's picture

If you believe the apocalypse is nigh...

a good resource to start with

http://www.green-trust.org/freebooks/Preparedness.pdf

Chris Martenson's survival guide

http://www.economicnoise.com/2010/08/24/a-survival-guide/

and a glimpse into the Argentina collapse

http://www.survival-spot.com/survival-blog/argentina-collapse/

 

I used to be sane....really

....good luck boys and girls

DarkAgeAhead's picture

Dear God man, Mormon survivalists, it appears from your link.  Yikes.

But resilience and the other link, looks like a good read, just glancing at it.  Resilience is probably the best framework from which to approach this.

Dental Floss Tycoon's picture

Mormon's have been into survival since the beginning.  It is one of the few large survival communities.  Only the roaches will last longer.

aerojet's picture

Mormonism is also one of the worst kook religions on the planet today!  So it seems like following their advice might be a bad move.

downrodeo's picture

how is one kook religion worse or better than another? I used to think the same thing about Mormons, that they're closer to a cult than a religion. Then I realized it doesn't matter. Faith and belief in a higher power is not about being logically or rationally most correct. It's about holding something higher than yourself. It's about the humility that we all need to have in our lives and in our affairs.

In short, we're all religious about our beliefs, who cares how "out there" they are. As long as we're not hurting anyone, why can't we believe the moon is made of cheese if it works for us? 

Cathartes Aura's picture

Mormonism is also one of the worst kook religions on the planet today!

I'd say the military, any nation's military, is the worst kook religion on the planet - they follow their self appointed male gods, willing to believe any lies fed them, kill in the name of, and feel special because of it. . .

yep, the military is one kook religion.

Chump's picture

Dismissing a source of information out-of-hand due to an unrelated difference of opinion belies a terrible lack of intelligence.  Learn how to learn; it's an important skill you'll be needing in the very near future.

RockyRacoon's picture

“There is a principle which is a bar against all information, which is proof against all arguments and which cannot fail to keep a man in everlasting ignorance - that principle is contempt prior to investigation.”  Herbert Spencer

Dr Emilio Lizardo's picture

Make sure you read the section pertaining to lesbian zombie attacks...

 

Seriously, I'm not a Mormon but they did a thorough job.  Give it a glance before you dismiss it...one of the better manuals that I've run across.  Feel free to skip the beginning.

Marley's picture

Thanks for the links.  No one will survive without community.  Just saying.

downrodeo's picture

Exactly! That right there, if nothing else, validates the concept of Mormonism.

Marley's picture

Wouldn't know. Most Mormons I know keep their distance from me.  Now that I think about it, most individuals of one denomination, sect, or another tend to utter incantations as they walk by.  Wonder what that means?  :)

DarkAgeAhead's picture

Cool, thanks.  I'll definitely check it out.

RockyRacoon's picture

I just printed out some VERY pertinent pages into small booklets.

Great resource........  Thank you!

kathy.chamberlin@gmail.com's picture

i read Under the Banner of Heaven,

jon krakauer plus+

Into Thin Air

good read, as well. knew, really knew some of the players, not the dead ones, though.

DarkAgeAhead's picture

As you reconnoiter (what a funny word), don't discount the encroaching ecological problems. 

Drought, if those such as Lovelock are correct, shall render much useful farm land unproductive.  As example, the amount of rainfall itself is not the right variable to consider.  Average temperature, as well as other factors too...

Complicated shit, which will reduce to a best guess and a f@cking shitload of luck.

Cognitive Dissonance's picture

I've been out on the road for a few weeks performing basic reconnaissance and evaluating potential relocation sites. I check in @ ZH, and sure enough, the same cast of characters are still kvetching, moaning, groaning and complaining.

Look, if you guys & gals had any real convictions behind your opinions, you'd get off the fucking computer and start acting out important next steps, as in making necessary preparations for survival. But no, gotta think about the job, pension, benefits, etc. Hah!

So if a ZH'er has a 9 to 5 (or not) and a roof over his or her head (or not) and not much more (or even less) meaning they can't leave country to do recon on where to move the family fortune, can they still kvetch, moan, groan and complain and ignore the MSM lies or must they submit to the brainwashing because they aren't one of the fortunate few?

Just askin'

cougar_w's picture

Yes. Um ... I mean no. Wait, what was the question again? ;)

 

tmosley's picture

What, you aren't posting from your fortified mountain compound?

StychoKiller's picture

Shhh!  It's a secret underground VOLCANO lair!

Mark Beck's picture

Actually, the report presented some good data and ideas. For example, its (net) revenue that matters not GDP in reconciling debts.

The missing connection was the concept of large debt service as a negative growth multiplier. This is a relatively new concept that is not talked about in political discourse.

That is, large debt service produces a fallout effect which destroys business growth. First with small business and then working up. It is a side effect of increasing uncontrolled costs. Everything from health care to compliance overhead.

The finite ability to tax was presented, but Laffer was not mentioned.

Mark Beck

Bigger Dickus's picture

Morgan Stanly can kiss my ###

Cheeky Bastard's picture

Please enable downloading. Thank you.