David John Marotta, a Wall Street expert and Forbes contributor, advised investors to be prepared for a possible financial collapse by packing a ‘bug-out bag’ complete with firearms.
Bug-out bag, we may need these sooner than later
Marotta, President of Marotta Wealth Management, warned that there could be a ‘precipitous decline’ in the US economy though a ‘long and drawn-out malaise is much more likely.’
“I, along with many other economists, agree with many of the concerns expressed in these dire warnings. The growing debt and deficit spending is a tax on those holding dollars. The devaluation in the U.S. dollar risks the dollar’s status as the reserve currency of the world. Obamacare was the worst legislation in the past 75 years. Socialism is on the rise and the NSA really is abrogating vast portions of the Constitution. I don’t disagree with their concerns,” he wrote.
He said that Americans should have a survival kit in case of a financial or natural disaster that is filled with items needed to stay alive for 72 hours and it should include firearms.
“A bug-out bag is a good idea depending on where you live even if the emergency is just power outages, earthquakes and hurricanes. And with your preparedness you will be equipped to help others who might be in need,” he wrote. “Be prepared. Especially because it keeps you from being scared.”
Mr. Obama is putting Americans in danger with his naive and inconsistent foreign policy and with his empowerment of very radical and far-left movements domestically. He’s opened our borders to anyone who wants to cross them and he supports statism. Mr. Marotta is right – pack some heat.
Full story: Washington Examiner