I said “financial reality” but the truth is the issue is much bigger than that. But that gets in to personal information I’m not willing to share this being the internet and all.
Sounds like you have a great plan.
Personally though the small businesses and rental properties would be too much “on the grid” for me. I want to get as far out from under this as possible. I’d be willing to take a lump sum for my pension, withdraw all funds from all banks, etc. That all is still needs research, although the lump sum for the pension isn’t an option.
I’ve figured it’ll take 2 yrs of living expenses before I’ll be 100% self sustaining. Food has to be grown and put up, critters raised then butchered, a battering network established/joined, etc.
I think a financial collapse for this nation is the most likely scenario. The normal folks will suffer. Guess the rich will also depending on how big it gets.
I mentioned elsewhere my most likely guess is: the Dems keep winning, a big financial collapse happens, the poor get hungrier and hyungrier over a year or two, the rich aren’t really impacted that much (Remember Dagny’s walks through the poorer parts of town), then .gov swoops down offering 3 hots and a cot - folks are starving so they sign up.
I’ve often wondered which big businesses would go Galt is the situation was right. And if any have already, and there’s not some valley somewhere they’re hiding in.
I really don’t think I’ll see this in my lifetime. My kids might, but I’m convinced my grandkids will.
Yes, I guess we’re not looking for a complete off-grid lifestyle, but one that can converted to that if necessary. We are too old to do the rigorous work involved in a self-sustaining life. So I figure some assets could be used to barter for some younger, stronger labor.
Plus, if nothing happens in our lifetime, then we won’t be completely broke. Those with houses did fairly well during the Weimar’s hyperinflation run. I’m trying to cover all bases that could occur with financial collapse. I just know the current trend is unsustainable.
If you don’t think it will happen in your lifetime, why do you want to go off-grid? Something you’d enjoy?
I hear ya on the pension. I now feel we were strangely lucky not to have jobs with one. It’s a sort of prison, limiting one’s ability to move or change careers. And is too lucrative to give up on something risky. But that’s again exchanging freedom for security. Sadly, my son had MANY ineffective teachers that stayed - because of the pension. I’m convinced states that don’t offer a pension have a much better education system - because those that can’t teach can go find something they are good at. I have no data or research to back that up though ;) Just reflecting on the two states we’ve lived in and dealt with schools.
Very interesting concept of businesses going Galt. I never considered that. I figured they were too much in bed with Big Government. But they would evolve when the economy changes too.
We don’t have a Galt Gulch, but more of a Harden’s Hollow. No stream involved. We’ll create it ourselves since I can’t find that elusive Gulch.
“I mentioned elsewhere my most likely guess is: the Dems keep winning, a big financial collapse happens, the poor get hungrier and hyungrier over a year or two, the rich aren’t really impacted that much (Remember Dagny’s walks through the poorer parts of town), then .gov swoops down offering 3 hots and a cot - folks are starving so they sign up.”
The Cloward-Pivan plan.
We have one hope - that it happens sooner rather than later and many of us that were taught about the Founding Fathers and Constitution are still around. And the big IF - are willing to sacrifice what the Founding Fathers sacrificed. I think the security thing will overtake most people’s principles though. I pray I am wrong.