Prepper Recon

Prepper Recon Podcast- Glen Tate

Glen Tate is the author of the 299 Days book series. The books depict survival in America after the coming economic collapse. Glen provides a brief summary of the books. We talk about what is causing the collapse and what America will look like in the aftermath.

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Glen tells us what he thinks will be the catalyst for the collapse. Like many preppers, he sees uncontrolled spending as being a major factor in destroying the country as we know it. We talk about the national debt which is now approaching $17 trillion dollars and how the government will not be able to sustain the current level of deficit spending. Glen Tate outlines the problem of  using US treasuries as a means of financing the profligate spending habits. If we continue to print money at the current rate of $1.02 trillion per year, we are all but guaranteed high, if not hyper-inflation. However, if we end the current monetary policy, interest rates will spike to a level at which the US government will not be able to service the interest on the debt. Borrowing costs for consumers will skyrocket and the economy will come to a screeching halt. There is no way out.

We discuss the problem of having over 44 million Americans dependent on the SNAP card program. Glen Tate has an excellent visual aid to show the amount of SNAP card recipients per Wal-Mart on his website, 299days.com.

Glen is not all gloom and doom. He explains how a collapse will be a reset in which we will have the opportunity to do the right thing. We have the chance to return to our constitutional heritage and to a monetary system that is sustainable. He also points out that silver and gold will likely preserve the wealth of those who hold it. While we do not offer financial advice on Prepper Recon, I am a believer in keeping a portion of my wealth in physical gold and silver. I use JM Bullion as I find them to have the lowest over spot price of any dealer that I have found.

I hope you enjoyed today’s show. Check out Glen’s website at 299Days.com. We have links to purchase all of his books through amazon in the links below.

Happy Prepping!