He went on: "When the crash finally comes, it will be the economic equivalent of the Revolutions of 1848, of the fall of Communism or of the Arab Spring - a contagious collapse in the systems and structures that hold our societies together, fuelled by financial panic, not just within the money markets but among the population."
"Prepare to live at home indoors for a month" and "don't assume banks & cashpoints will be open or bank cards will work."
McBride also tweeted "This has been coming for a long time.":
We realize we shouldn't be too surprised when reading that McBride's excellent advice to stock up on canned goods and water was heavily ridiculed on Twitter as being 'over the top'. Those people who criticize such excellent advice will likely be the ones ending up in FEMA camps, or worse, once it all comes crashing down.
The 2nd video below from SGTreport.com is called "Black Monday & The Final Bullet" and recaps all of the wild swings we've witnessed today, from the 1000 point opening loss to the roller coaster that ended up with the DOW down 588 points and what is likely to come next - hyperinflation by the FED.
For those who are still unprepared, this excellent story from Daisy Luther over at The Organic Prepper gives some very good advice. Keep in mind that this advice was written prior to the #BlackMonday crash and now that we've seen that our financial ills are continuing, we're told it's time to take immediate action.
Take your money out of the bank ASAP. If you still keep your money in the bank, go there and remove as much as you can while leaving in enough to pay your bills. Although it wasn’t a market collapse in Greece recently, the banks did close and limit ATM withdrawals. People went for quite some time without being able to access their money, but were able to have a sense of normalcy by transferring money online to pay bills or using their debit cards to make purchases. Get your cash out. You don’t want to be at the mercy of the banks.
Load up on fuel. Fill up your gas tank and fill your extra cans also. Quite often, fuel prices skyrocket in the wake of a market crash.
Be prepared for the potential of civil unrest. If the banks put a limit on withdrawals (or close like they did in Greece) you can look for some panic to occur. If the stores dramatically increase prices or close..more panic. Be armed and be prepared to stay safely at home. (Although this article was written during the Ferguson race riots, civil unrest follows a similar pattern regardless of the cause.)