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All the meanwhile, the entities causing the inflation want to cover their tracks, so information given to the public is doctored, while official news bites are false, designed to keep the populace calm, to keep them from acting in their own best interest.
other lagging indicators
This requires work, so most people, being busy, go with the flow and in doing so no longer have that ’more accurate’ larger-view of the future they once held.
And this is why during the last 70 years we’ve gone from a condition where one worker could support his family, to a time when it took both Mom and Dad to support the family, and now takes Mom and Dad, credit cards, and maybe a 2nd home mortgage to provide the same
practically
while the value of the silver quarter is $7.05
savings–the product of your labor
If you prepare for a man-made crisis, you will be on the same path as some one preparing for natural disasters: hurricanes, power outages, etc. Man-made vs. Natural disasters differ mostly by scale and duration. [Mr Larry]
global interdependence
disturbance of one strand shakes the entire web
has reached critical points in its equilibrium
It is at a point of dynamic, critical vulnerability;
fragility of our system,
prepare for any disturbance with supplies.
If one very large, or several moderate to large (Volcanic Explosivity Index) volcanoes go off, we may experience very muted daylight for several seasons to a year and unable to grow enough food for even the prosperous nations.
communities electric power could go out for a week or more, during the summer, during the winter?
which threats
Survivalism is basically the same
survival threats
star emitting a planetary sterilizing gamma ray burst
moderately likely
Is your job & income 100% secure?
prolonged period of time
How would your finances hold up in a currency crisis where the dollar rapidly lost much of its value?
any em
disaster
Plan to make it on your own
medications and medical supplies
supply
• Have copies of emergency documents
remained a spectator
large number
be prepared for it
Don’t rely on your Insurance company for anything more than a check. Insurance is about money, it’s not their job to repair your home or put your life back in order. While some might refer you to local contractors, many do not, and in times of overwhelming need, both adjusters and contractors are going to be hard to come by
The government’s, ‘Three Days of Self Sufficiency’ campaign, is woefully inadequate
US financial Ponzi dynamics
effective money supply
Debt will become a millstone around people’s necks and bankruptcy will no longer be possible at some point
In the future the consequences of unpayable debt could include indentured servitude, debtor’s prison or being drummed into the military
and the loss of savings
purchasing power collapses
The essentials will see relative price support as a much larger percentage of a much smaller money supply chases them
We are headed eventually for a bond market dislocation where nominal interest rates will shoot up into the double digits
This will cause a tsunami of debt default which is highly deflationar
inability to maintain infrastructure
dollar-denominated debt
short selling will be banned
Suburbia is a trap
Centralized services
People with essentially no purchasing power will be living in a pay-as-you-go world
Eventually the dollar will collapse
Deflation and depression are mutually reinforcing
There should be no lasting market bottom until at least the middle of the next decade, and even then the depression won’t be over
Much capital will be revealed as having been converted to waste
Export markets
29. Herding behavior is the foundation of markets
dangerous populist extremists
sense of common humanity will be lost as foreigners and those who are different are demonized
war in the labor markets
resource wars
demand collapse
Ordinary people are unlikely to be able to afford
Tainter
Political structures exist to concentrate wealth at the centre at the expense of the periphery, and this happens at all scales simultaneously
38. Taxation will rise substantially as the domestic population is squeezed in order for the elite to partially make up for the loss of the ability to pick the pockets of the whole world through globalization
politics of the personal
economy of favors (i.e., endemic corruption)
give up your healthcare
magazine subscription
club membership
vacation plans
charitable donations
your cell phone, your internet access
home phone service
lawn care service
financial support that you provide to friends and family
possessions and assets
have to move in with other families, friends, relatives
You may come to realize that what you thought was valuable and important to you has no value or significance at all
• Food and ‘non-electric’–with the means both to prepare it and store it.
Portable water filtering devices and containers
will need to determine their best course of action during a period of financial distress.
A look at the civil unrest that can arise when a government just ‘proposes’ austerity measures
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