While the world’s super elite prepare everything from stylish bunkers to emergency submarines, most couldn’t care less about their millions of employees should a widespread crisis strike financial markets or the economic system.
There is, however, one notable high net worth exception according to a recent speech from Overstock.com Chairman Jonathan Johnson who notes that after many years of getting hammered by short-sellers they’ve lost total trust in Wall Street and the government’s ability to look-out for the little guy.
As such, Johnson’s company has taken preemptive measures in anticipation of a major event that could take down payment systems, lock up credit flows and make it impossible for employees to meet their basic needs.
Little did we know that Overstock’s Chairman Jonathan Johnson is as vocal an opponent of the fiat system, and Wall Street’s tendency to create bubble after bubble, if not more than Byrne himself. That, and that his company actually puts its money where its gold-backed money is and in preparation for the next upcoming crash, has taken unprecedented steps to prepare for what comes next.
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