Posted on 05/14/2011 9:23:12 AM PDT by OwenKellogg
While the disaster can unfold in many ways, the course for the United States is already set in motion....
Ping.
Ping.
What a way to ruin the day...God save us from this mess as it is quite obvious no one else is going to do it!
I think this is a bridge too far in the US.
Take a good look at our political class.
Friggin' worthless parasites.
building up cash reserves translates to becoming a big fat economic fall guy, because the dollar is shrinking and cash reserves therefore lose value at the rate the dollar is shrinking.
A 30 year mortgage will not do any good unless one has a stable source of income. I would submit that there is no such thing as a stable source of income these days. The closest thing might be a government pension, but it is impractical for everyone to snap their fingers and get a government pension.
A full pantry is the best savings account.
Personally I recommend investing in commodities and no I don’t mean gold or silver (Nice if you can but it seems the train has left the station for those commodities). I eman food, guns, ammo, general household supplies like TP, soap, detergents.... good basic clothes like socks, underwear good sturdy jeans, maybe enough oil and fileters to change your vechicle out 3 or four times. Learn put in and learn to garden. Learn to can food. I see a time coming when when we will tell our grandchildren and great-grandchildren stoies of times much like those that our own grandparents and great-grandparents went through.
Stocked pantries are the best idea, but it's almost too late to do it economically!
But, fearless leader is going to Memphis Monday to have a fundraiser... and maybe see the flooding!
Memphis:
Black/African American population: 61.1%
White/Caucasian population: 33.6%
Hispanic/Latino: 3.0%
(Map of the 1927 flood!)
“A full pantry is the best savings account”
Well said. Add a good water filtration sysem, a hand crank grain mill and about 500 lbs of grains, rice and beans. Its going to be a rough ride.
All good advice, Kartographer.
You wanna post a link to your survival guide?
For those who might be just starting you may be interested in downloading my Preparedness Manual, it can be downloaded at:
http://www.tomeaker.com/kart/preparedness1h.pdf
Did it, but thanks for asking!
Freedom from the debt cycle means having the cash on hand to buy the needed survival items. Big cash on hand may mean the ability to buy something of real value at depression prices — and coming out the other side in great shape.
Planning on going into and coming out of the depression with a big pile of cash may be financial foolishness. It's definitely going to be worth much less.
Amen to that one!!! God help us.
I live in the UP of Michigan. We bought 40 acres of farm land and woodland about 3 years ago for $19,000. Most homes here average around $40,000. But, you can find them once in awhile under $20,000, livable, just not great.
Yes, EVERYONE, STOCK UP YOUR FOOD SHELVES!!
PING!
The article doesnt discuss the effects of the inner cities rioting and looting because they will be the first casualties of this collapse. We wont only have to protect our selves from the economy but also protect ourselves from those who fall by the wayside.
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