Paul Haarman: How Not To Fall on Hard Times during the Next Financial Crisis and What You Should Be Doing Right Now to Prepare Yourself for It

Onwards! The previous article got me some interesting feedback, to say the least explains Paul Haarman. Not only did it stir up a lot of thoughts and ideas, but it also stirred up something else – emotions.

I’m not used to all this attention… I feel embarrassingly exposed. My face is turning red… But don’t let me stop you. Let’s talk about what I’ll be talking about…

You’ve probably seen or read these headlines quite often: “Stock Markets Fearing Mysterious ‘Black Swan’ Event”, “Banks Stashing Cash to Prepare for Doomsday”, “Panic Selling of Stocks and Bonds on Wall Street”, “The Imminent Financial Collapse Has Already Begun!”

If you’ve seen these headlines, you may also have noticed something unusual with them. No matter how often they pop up, no one really seems to be worried about the upcoming ‘Black Swan’ event.

Yes, when I write an article like this (and if you’re reading this – congratulations for having gotten here at all) there is usually some sort of negative repercussion to it that I couldn’t care less about. Looking back through my previous articles on this blog so far, I’ve already had plenty of feedback ranging from “Kurzweil’s machine intelligence predictions are gaining credibility” and “I’d like to thank you for your optimism”. This time though…this time was different.

Well let just say, there’s a lot of people out there that are not afraid to express what they think. And I don’t mean the nice ‘I like your optimism’ kind of feedback I mentioned earlier, but more like: “You’re an idiot”, “Your opinion doesn’t matter”, “Stick to pop music man”, and even worse… But I think you get the point.

I don’t really mind much about all this negative stuff, as it takes one person with a keyboard and a monitor to create a noise, whereas it takes many people with real, physical jobs to make something happen in life. All these aggressive e-mails do though is remind me that I’m probably on the right track again says Paul Haarman.

In this article we’re going to have a more in depth look at how it happened, why it’s going to happen again and what the common people can realistically do about it.

As always, if you’re new to this blog then I recommend reading the previous article first before continuing on with this one:

Some of these questions may seem a bit obvious or repetitive from the previous piece, but that’s only because each question is very closely related to another. Also remember…this is neither a prediction nor a forecast – just some thoughts and considerations…

For what purpose did I write my last article though?

Well part of it was for personal reasons – I need to get these things off my chest. But writing also helps me clarify lots of thoughts so that they’re less jumbled in my head. Finally, I write because that’s what I love to do – share knowledge and help others.

And that’s why I’m going to do it again… Though this time we’ll be looking at something a bit more serious than the usual technology and future of humanity topics on this blog…

The financial crisis will happen again! And when it does, it might get even worse than last time. But perhaps even more importantly: It’s not if, but when will the next financial crisis occur…

What then follows is an attempt of building up on some of the questions left unanswered from the previous article and doing our best to come up with some practical recommendations for you dear reader… Again though, let me warn you: This article is no way an official prediction, just some food for thought.

The chances of the next financial crisis not happening for another 100 years or so are about as likely as getting struck by lightning twice explains Paul Haarman. There are just too many things that can go wrong and we’re already overdue… Much has changed since 1927 though and today’s economy and politics looks very different from back then…

Since 2008 central banks have been pumping trillions of dollars into the global financial system to prevent further disaster. The FED alone printed around $3 Trillion in response to 2008 collapse (that’s like making every American citizen a millionaire!) But if you think this sort of market manipulations haven’t existed before – think again.


The fact that both governments and central banks go to great lengths in order to prevent another system collapse brings me to my main point:

The financial market is extremely fragile; its stability depends on an immense amount of stimulus. Any sudden changes to the above mentioned stimuli would most likely result in a negative repercussion.




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