MY VIEW: A STOCK MARKET CRASH IN SOUTH AFRICA: ARE YOU SURE YOU ARE PREPARED FOR THIS?

 

Do you have news to tell us? Send your e.mails with news and inquiries to: w.nation@mail.com

Register to follow our news on the right-hand tab

OR

Register for free on  our social site HERE to join our world for more news

 

 

Article posted  by: White Nation Correspondent Cape Town March 11  2020

 

ALSO VISIT:

 

Bloodbath on the JSE as markets plunge around the world

SA rand crumbles to 4-year low as panic selling in Asia deepens rout

SA economy may not recover for five years, warns FirstRand CEO Alan Pullinger

Harvey Weinstein sentenced to 23 years in prison

Soweto leeches  threatens ANC rats  with ‘anti-apartheid struggle methods’ over power cuts

South Africa is the second most miserable country on earth

Zimbabwe to give back farms taken under land reform

 

 

 

 

SOUTH AFRICA– FAILED LAND OF COMMUNIST ANC ORGANIZED CRIME : THE  PIRATE’s REALM DOWN SOUTH

A STOCK MARKET CRASH: ARE YOU SURE YOU ARE PREPARED FOR THIS?
 
WHEN stock markets crash- immediately it sets off a series of dire financial catastrophes like recessions , depressions and a total economical collapse. Stock market crashes can devastate economies and leave the stock in your portfolio worthless- In other words your pension savings, assets and portfolios in the market became totally worthless. Even diversifying your stocks may not protect you -a crash typically drags down all sectors of the stock market, and it affects the rest of the economy. Your money will be worth less than fly paper.
 
NOW- Here comes a precarious warning South Africa already finds itself in the beginning stages of a recession due to the corrupt and incompetent maladministration of the ANC looters. Due to the oil war between Russia and the Saudi’s the JSE is very unstable at the moment. The Rand just hit an all-time low measuring R 20.00 against the British pound and R15.00 against the American Greenback. On the food market South African local produce are dwindling fast and more and more imported products are entering the shelves at a much higher cost. Big Corporations now are closing their doors fast and disinvestment is in the order of the day.
 
Credit downgrades are following fast .The cut to SA’s growth forecast by Moody’s Investors Service in the wake of the corona virus is intensifying the pressure on SA to hold on to its last investment-grade credit rating. This all indicates that South Africa is heading for “Junk” status soon. Food will become unobtainable expensive and with South Africa’s weak rand- totally out of reach of even most middle class citizens as well. The poor will be the hardest hit.
 
To the common layman in the street all this very worrisome indicators does not mean much as he does not fully understand the impact of such a devastating occurrence – but to the more informed this is a very dangerous situation that abruptly could spark a sudden crash of the economy in no time- especially in South Africa who happen to sport a regime that proofed and have a track record to be corrupt destroyers of the economy rather that healers of the economy.
 
A sudden stock market crash will be disastrous for South Africa which now fast already is heading towards the Zimbabwe/Venezuela model. Suddenly banks will close ranks, freezing assets and only allow you a certain amount of money each day as we have seen happening in Greece. The Rand will loose all it’s value and import prices will soar. Paying R 50.00 for a common bread and R 30,00 a liter petrol will be the standard. Shelves will become empty fast as food retailers will abandon South Africa and more and more people will become destitute and rely on scavenging and stealing in order to survive. 
The Great Depression in America  began after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors. Over the next several years, consumer spending and investment dropped, causing steep declines in industrial output and employment as failing companies laid off workers. One visible effect of the depression was the advent of Hoovervilles, which were ramshackle assemblages on vacant lots of cardboard boxes, tents, and small rickety wooden sheds built by homeless people. Residents lived in the shacks and begged for food or went to soup kitchens. The term was coined by Charles Michelson, publicity chief of the Democratic National Committee, to refer sardonically to President Herbert Hoover whose policies Michelson blamed for the depression.
The South African dilemma
 
SOUTH AFRICA though- sits with a big dilemma: It’s incompetent greedy regime and it’s incompetent “majority” consumers.  The corrupt regime looters will try to plunder the little resources left in the state coffers- jump a plane- and get the hell out of the country without caring a ding-dang  about the country. On the flip-side of the coin  as we now already learn to know the violent black South African mind which is consumers and not producers – this will spark imminent violence, riots and a civil war. As we also happen to know the treacherous ANC rats- they quickly will shift the blame of their incompetence, corruption and maladministration of the economy onto “apartheid” or the whites….iow YOU! South Africa under normal circumstances is a violent country- and under extreme circumstances such as a national crises the country will become a war-zone with plundering of retail shops, , looting, house burglaries, more frequent attacks on whites and a total anarchy. With already millions of non-productive starving blacks in thousands of squatter-camps around our cities – can you imagine the stampede and total chaos into especially predominantly white areas in such a case? Food, energy and water will become the main bargaining commodities on the black market- at a staggering cost. Basic municipal services such as electricity supplies, trash removal, water supplies and sewerage management will come to a sudden halt.
 
Can you imagine the chaos especially in a country with a dysfunctional government such as South Africa? This ANC idiots cannot even run a healthy country under normal conditions- can you imagine what they will do in times of such an emergency? They simply will jump ship and flee to their own safe havens- leaving the chaos in the country to work itself out. The ANC are nothing less than sewer rats- and in a case of such a devastating event will they do what sewer rats normally do- look after their own best interests and flee ground zero. And all this could happen within a span of WEEKS !
Image may contain: outdoor
This is a street in Venezuela. That’s money in the gutter. It’s worthless. This is what happens when the stock market crashes. 
 
Now comes the question white Afrikaner: Have you prepared for this yet? Did it ever enter your mind that this danger is right at your doorstep- maybe within the next couple of months? Strong indicators predicts and surely points to just that fact. Venezuela and Zimbabwe taught us lessons where their worthless money now drifts between the garbage in the streets and people eat rats from sewers to survive- just because they – like you- did not heed the warnings and paid any attention in class to prepare themselves when times were still good. And already most of the state organs are dysfunctional as you most probably know. South Africans too have a history for being very complacent and careless- and they are about to face one of their their worst unimaginable nightmares very soon.
Image may contain: text
 
What can you do?
 
1. Start cultivating your own vegetable gardens and if possible- get chickens for fresh eggs and meat
2. Start stashing hard cash on your property where marauding thieves, looters and rioters cannot find it
3. Start developing your own power generating systems and water supplies.
4. Start organizing by setting up family or community “hubs” /groups where everyone work together in order to supply much needed items and food.
5. Start to become innovative and learn how to fix things in and around the house with alternative means in case of an emergency such as sudden power outages or the inability to procure much needed items such as gas, electrical appliances, dry food stock piles , etc.
6. Get your first aid kit in order and stack it with important supplies such as pain killers, wound disinfectants, possible alternative antibiotics such as Cayenne pepper and honey, wound dressings, biceps, scissor, etc.
7. Get your personal security systems sorted out to keep looters out of your property and to safeguard your family in an event of violent riots in your neighborhood which balck South Africans are well known for.
8. Plan escape routes in case of imminent and unavoidable dangerous situations.
9. Get communication systems in order in case of a total electricity and cell phone network black-out.
10. Become self independent from municipal services by creating your own alternative systems to support life for your family on your property.
 
Become pro-active and start to become aware what is happening in the news and on the financial markets, political environment , food availability on the market,frequent Eskom outages,- and general information about black tendencies such as escalations in riots, burglaries, looting, what areas affected, why riots occur and what happens during such riots. Stop being a clever Johnny or Jane on Facebook and become active in your preparations.
 
Start connecting the dots between your friends and possible suppliers in cases where you live in urban flats and need outside sources to supply your own livelihood. This is all what could happen during a stock market crash in South Africa- and your survival might just depend on how you are going to prepare for it.
 
BE WARNED DEAR WHITE FOLKS…..YOU ARE GOING TO GET CAUGHT AMIDST A TERRIBLE STORM WITH NO WAY OUT UNLESS YOU ALREADY HAVE PLANNED YOUR ESCAPE ROUTE.

MEME FOR THE DAY:

 

 

 

SOURCE:

 

White Nation

 

 

 

 

WHITE NATION– WE DO NOT HATE WHITE LIBERALS– WE SIMPLY DESPISE THE FILTH!!

C’MON- SHARE OUR LINK