There have been rumors of the next economic crisis ever since the last one, in 2008/2009. More and more financial gurus have gotten on board with that message, prophesying a gloomy for our country’s financial future. Considering the impact that the Great Recession had on the rest of the world, once it had hit here at home, we can be sure that when we fact this crisis, we won’t be facing it alone.
Considering how hard the COVID-19 pandemic has been on our economy, we’re likely to be very close to that crisis. I’m surprised that Wall Street has remained strong and inflation has remained low in the face of the trillions of dollars the government has been spending in providing financial relief to our citizens and businesses. Where can all that money possibly be coming from? How long can they continue to do that, without the whole house of cards coming down?
If there’s anything that will lead us to an economic crisis, it’s the national debt. That debt will eventually lead to high inflation, which in turn will end up leading to high unemployment. The two together equal an economic crisis, something that can takes years to overcome.
Related: 10 Expenses You Need to Cut Now for the Upcoming Economic Depression
Any economic crisis impacts society in a number of ways, from shortages in the stores to increased crime rates. While the rich and powerful go on living their lives as normal, they are about the only ones who don’t. Thousands upon thousands of people end up losing their livelihoods, with many of them turning to crime out of pure desperation. They prey on their fellow man, because they feel they have no other choice.
So, the question for you and I, is how do we keep ourselves from being preyed upon? Part of that might be having the ability to defend ourselves; but what’s more important than our ability to shoot our way out of a problem, is our ability to avoid becoming a target in the first place. That means making sure that we’re not on anyone’s radar as a potential target. How do we do that?
Don’t Buy New Things In An Economic Crisis
The real giveaway that someone is in good shape financially is what they’re spending. It doesn’t take a financial crash to see that. The difference during the crash, is that the only ones who will be buying new things will be people who are still in good shape financially. So buying anything new, but especially buying expensive things, will make you stand out as someone who has money.
With the economy being shaky, spending money isn’t a good idea anyway. Even jobs that are normally considered extremely stable and secure can be lost in rough financial times. Just look at all the nurses and other medical personnel who lost their jobs during COVID, because hospitals weren’t taking in anyone except for emergencies and patients with COVID.
This Includes Internet Purchases
We’ve all become much more accustomed to buying things over the internet, thanks to the pandemic. But that’s even worse than buying things in the store, in the midst of any financial crisis. Having packages show up regularly on your doorstep is a sure sign that you’ve got money to spend.
Not only that, but there’s already a problem with people stealing packages off of doorsteps. You can be sure that those thefts will increase during a crisis, when people are desperate and looking for anything they can do to get a buck. A lone package, sitting on a front porch, is a tempting, low-risk target for someone who’s trying to figure out how to pay for the next meal.
Don’t Look Well Fed
The first thing to do is probably also the hardest; that’s to stop eating so well. A full 36.5 percent of US adults are obese, with another 32.5 percent being overweight, but not to the point of obesity. But you can be sure that there will be a lot of people losing weight in the midst of a financial collapse.
With people losing their jobs and rampant inflation making everything more expensive, people will have to cut back. When that happens, one sure sign of someone who is not suffering from the crash will be to not be losing weight.
Another option to use, if you’re just a little bit overweight, is to buy used clothing that’s too big for you. Wearing clothes that obviously don’t fit you will make it look like you’ve lost weight, even if you haven’t. Make sure it is used though, so that it looks like clothing you’ve been wearing a while.
Let Your House Look Junky
One of the things that thieves look for are homes that are well-kept. A nice looking home, with a well-groomed lawn, probably belongs to someone who has the money to take care of it.
On the other hand, a home that’s starting to look a little bit run down indicates that the owners are going through financial troubles, making it hard for them to pay for repairs.
Obviously you don’t want to damage your home in any way, but leaving some junk laying around (nothing useful or valuable) as well as letting the landscaping go a bit can do a lot to make a home look like it’s not being taken care of. If there are things which can be put off, like a new paint job, then put them off. Better yet, just prime the bad spots with some primer that doesn’t match the paint, making it look like you couldn’t afford to finish the job.
Hide Your Stuff
As part of making your home look less inviting, make sure that you hide anything of value.
Thieves look for expensive toys in the yard, whether those are children’s toys or adult toys. They also have no compulsion against looking through your windows to see what they can find.
So, either move that expensive television to a wall that can’t be seen through a window or keep the window shades drawn.
Stay at Home In An Economic Crisis
Going out a lot leaves your home vulnerable to attack, as well as leaving you vulnerable to attack while you are out. This is seen in that during the time of the COVID-19 pandemic, crime rates have dropped by as much as 23%. But auto theft, as well as the theft of other high dollar portable items has been on the increase.
During the Argentinean financial collapse of 1999, crime was so bad on the streets, that people didn’t dare stop at stop signs and red lights, unless they had to for crossing traffic. That was a prime spot for criminals to hide, reaching through car windows to grab what they could or trying to pull the driver out of their car, so they could steal it.
Your best place to defend yourself and your family is at home. Not only is that familiar ground, but you’ve got a wall between you and anyone who might want to get to you. With a few precautions to harden the perimeter of your home, it will be the safest place you can be.
Sell Stuff You Aren’t Using
One good way to signal that you’re not doing all that well financially speaking is to sell things, especially things of intermediate value that you don’t need.
If you have an old electronic gaming console that you’re not using, sell it. Do the same with other “toys” such as boats, motorcycles, and snowmobiles.
The point here isn’t just to get rid of stuff, but to do so in an obvious way, allowing that to act as camouflage for you, making it seem that you have to sell that stuff. This is a bit of a reverse English way of staying under the radar, but it works. Criminals know what to look for when they’re casing a home and they’re not interested in hitting a place that’s not going to be worth their while.
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i love wild lettuce it has helped with chronic pain i recommend it to every one ebay has it please try it and let me know how it works for you. god bless stay healthy and stay safe. love julieanna
What is wild lettuce?
First of all, the financial collapse caused by the housing “boom” rapidly deflating was in 2008, not 2009. Accuracy, please.
If the dollar collapses you won’t have to worry about a lot of expensive items being delivered to your front door by Amazon Prime or any of the other delivery services. Unless you are Bloomie Bloomberg or Zukie Zukerberg or one one of the other billionaires, your money will be going to groceries and other essentials of life.
That 401K you were counting on will have disappeared or you will only be able to draw small amount a month from it. Any cash over a certain amount will be gone or at best, you will again only be allowed to withdraw a limited amount. Credit cards? Forget them. Nobody with any goods to sell will be taking anything but cash, gold, or trade items. Everyone will want what is beyond the reach of the government to confiscate or otherwise limit how much you have.
If you are playing the market I think you should give serious consideration to liquidating what you have for cash and silver or gold. Gold if you have a lot of liquid assets, silver if your cash reserves are under $100,000. Chunks of gold are hard to move because their imputed value is so high.
What does a gold Krugerrand go for these days? The last time I looked it was close to $2,000 US. Hard to make change for a loaf of bread unless prices have reealllly gotten crazy.
When driving in urban areas, keep your windows closed and your car doors locked at all times. If you don’t have a/c, just roll your windows down an inch. Make it as much of a habit to lock your doors as your seatbelt habit or turning the ignition key habit. I see pictures of car jackings and the doors are unlocked while stopped at a light?
Come on, folks, Mayberry was a fictional small town. It doesn’t exist. If you live in a city, expecting crime and carrying oneself as if you expected crime should be the norm. Especially if you live in the PDRK where criminals are not put in jail. When they are arrested they are released before the cop can dictate his arrest report.
Unless there is violence involved the local cops don’t even respond to a shop lifting call any more unless the crook stole a whole shopping cart full of expensive booze. It’s only a misdemeanor to steal less than $500 worth of merchandise. That means you can walk out with a significant portion of the meat cooler and it is a ticket offense. The cop writes you a ticket. You sign that you promise to appear and continue on. The downside is you don’t get to keep all the stuff you so laboriously put into the shopping cart. The cop makes you leave the cart in the store. If you don’t pull a knife on the clerk who said something to you or you don’t actually hit the clerk, you get to walk.
It is my belief that society won’t break down. It already has. What we will see is a complete collapse much like Venezuela or the other countries that continued to spend way more than they could produce and who followed ludicrous political schemes that have shown failure wherever they have been tried.
Lock doors, leave lots of space in front of you at stop lights so you can turn out and escape. Be aware of cars matching speed beside you on a freeway. Head on a swivel at all times. Plan ahead and consider running scenarios as a mental exercise.
LCC sure seems to have all the answers. I actually grew up in Andy Griffiths hometown of Mount Airy NC Complete with Floyd’s barbershop and Snappy lunch to this day. When I visit, I can assure you that I don’t lock my doors while at a stop light. Instead of serving as a second generation 101st Airborne Division Screaming Eagle in a family with 35 combat veterans, I wish I could have attended Know It All University as it seems you graduated from. 80lbs of beans feeds a man for 12 months. Sugar,rice, and salt store forever. Lead and silver are for the working man. Chickens are easy to raise and cheap. Put a seed in the dirt, water and fertilize. Beans bullets and biscuits. Lock and load prepare to defend yourselves.
Screaming Eagle, now who’s the know-it-all? Perhaps your Mt Airy is the idyllic place you claim, but many people in small towns no longer leave their doors unlocked. Many of us can’t raise chickens where we live and it is important to hear LCC’s advice when the economy collapses to liquidate any holdings. We also appreciate reading your suggestions as well, but would prefer it without the diss.
Ruptured Eagle: I did four years active duty and four years active reserve duty in the Marine Corps, please don’t flaunt your military service as some heroic badge.
As Govtgirl points out, if you are fortunate enough to live in a political area where you can raise chickens and have a big enough plot of land to do so, good for you. I would suggest that most readers of this list are no so fortunate. It may well be that living in the city is not their choice and if they had their ‘druthers, they would choose to live on the idyllic 40 acres with a pond and a year round stream just outside a small town. However if all of us moved to the country, it would no longer be that but be at least a small city.
From your description of farming, I gather that you have never really farmed if you think it is that simple. There have been lots of comments on this list by folks who do farm and they have described crop failures and diseases among their barnyard animals to the extent that anyone following this list would realize animal husbandry and crop raising is just a tad more complicated and fraught with failure than your post would suggest.
I hardly think I have all the answers, but do try to post cogent comments that I hope will prove useful to this readers who come to this list seeking information on how to survive in todays’s world and the unknown of tomorrow’s world.
Thank you for your service LCC. Posting here shows me that you still are serving albeit in another capacity and it is much appreciated!
ScreamingEagle -Would be good if you lightened and listened up a bit here! If Biden is sworn in, your town too will be the happy recipient of 900,000 Middle East refugees thanks to Cory Booker rolling out his favorite social justice program! Bet he’s looking for nice places like this too! By the way, I also wish to thank you for your service! I am relatively new to this site, but I uspect lots of folks here on this site are your former fellow comrades in arms. I find this to be a friendly place helpful place of like minded folks. Sorta Just like in Mt Airy, NC.
I don’t think you know LCC very well. He’s a longtime poster here, having good advice and in my opinion an honest man. He may make some mistakes, but he owns up to them from what I’ve seen. I trust his advice.
Let’s not be trolling and flaming people. Nemo
Your town is the exception, and not the rule, even among small towns.
Criminals can be highly mobile. Hope none come to your burg. They’re pretty much everywhere else, though.
During a financial collapse, are cops going to work for free?
When the fiat money is worthless, how will you pay the cops? Or fire department?
Water and sewage?
Your IRA will be worthless. Savings worthless.
Only things of value are tangible things.
Seeds, guns, ammo, tools and related supplies, medical supplies, FOOD, and most importantly WATER.
Gasoline will run out quickly. Diesel shortly thereafter.
You won’t fine propane anywhere.
No electricity and therefore no ‘typical’ heat and cooking.
Shoes? They do wear out. So does clothing.
Financial/economic collapse sends us all back to the stone age.
Interesting thing is that if you look around the world, i.e. underdeveloped areas, many people are living much as you described. They will be the survivers because they don’t have the “luxuries” to loose.
Wall Street has remained strong and inflation has remained low because of the trillions of dollars the government has been spending in providing financial relief to our citizens and for Wall Street stock buybacks, and for bank and business bailouts. Artificially propping them all up, temporarily.
Where can all that money possibly be coming from?
The fed is printing all that fake money out of thin air, which is what causes the inflation.
How long can they continue to do that, without the whole house of cards coming down?
Not much longer, which is the reason for the coming “Great Reset” in January 2021.
The money that is propping up our stock markets is coming from Europe. They are in worse shape than we are. Pay attention to the insane prices being paid for collectables lately. That is the really big money leaving the table. Eventually the US markets will collapse too but it is not time to start shorting the market.
sorry…..the money is being printed by the fed…Wall Street and the bankers get essentially free money ( little or no interest rate) and we 99%ers pay the interest to the banks and credit card companies….6–35%…and those payday loans get 86%….!!!…Wall st is all fake money. the value of the stocks is due to the buy backs that the CEOS are using to buy the stocks to jack up the prices. Once they learn something is going to bust they will bail out….taking the inflated profits and the stock will tank…taking investors down the drain….The best thing to do is have tangibles….gold silver…or items that will be valuable after the SHTF….bullets…toilet paper…canned goods. Like in the Dystopian movies, a can of beans or a bit of gold will become the article of exchange…money will be worthless like in post ww germany and in some toilet country in africa…i forget which one…but they are all in the toilet in africa…I pity the poor people who have been raped worse by the local tribal war lords than the colonists…but thats their problem…we in the socialist states of america will have our own problems to deal with…better start acquiring some things of value to barter with…even 22 lr will be used to trade for food etc…..good luck
Follow the money trail to the people paying the insane prices for “collectibles” and I’ll bet you’ll find who is propping up the markets and stealing our hard earned cash and our children’s future.
Actually, Justin, they are not even printing physical money. The trillions they are talking about are only zeros and ones in some computer program. If only people, not companies, just people went to the bank and asked for their funds on deposit there wouldn’t be enough physical cash in the country to cover what everyone thinks they have.
How is that for fiat money? There isn’t even toilet paper to cover all the money that is supposed to abound. Talk about a house of cards. It is a Leaning Tower of Pizza of cards and a santana wind is blowing.
they don’t need to print money to match what they give out. The free money doesn’t come as cash, it’s digital a deposit to a checking bank account. they expect most of it to get spent with your debit card and go bouncing around digitally. Heaven forbid you take it in cash so they can’t track what you do with it. Little joe cringes at the idea you may pay cash to buy some kind of 2A items or some silver etc..
Just Say NO to Joe and that “HOE” !!!
Didn’t some states run out of trees because the government is using them to print money?
The great reset most likely will be total slavery of everyone or us being thrown back into the stone age.
I tried the wild lettuce and didn’t feel any different do I have to take more than 2?
growing my first batch of wild lettuce, can’t wait for it to bolt. Started it 2 months ago hoping it will mature next spring or summer. It may not being a biannual.
Your saying to stop spending money, sell things you aren’t using. So what are you suppose to do with your money? Put it in the bank where you will lose it after the financial crash? I think we should be spending our money so it isn’t in the bank or financial markets.
You’re right, Spike. That case of baked beans will be worth a lot more than the $10,000 you think you have in a CD at the local S&L which you will only be able to access to the tune of $200 a week when the case of beans at Costco is now getting rung up when they have them in stock for $749.94.
Yeah, if you can unload actual junk, why not? I have an 8-track Docorder player. Anyone interested? Does anyone on this list know what an 8-track player is?
I used to play KC and the Sunshine Band on my 8-track. I miss the 70s!
I have had several 8 tracks, mostly Audiovox. Does any one remember the 4 track player? It was out in the market for a bit until the 8 track came along. 4 track cassettes had a hole on the underside so the capstan driver could pop up in the cassette to move the tape along to play.
Anyone remember laser discs? They had a large disc like a regular record did, but the play head was a laser of some sort to play whatever movie was on them. Expensive if I remember correctly.
Bit coin, gold, food. Gardening stuff. Shoes for yourself and your kids (buy ones they can grow into). Socks and underwear. Guns, bullets and other weapons. A secure, lockable gun safe. Retrofitting a room in your house as a panic room/ bunker/ storm shelter/ storage area, again lockable with a secret second exit.
These are all useful things to use your money for that will have tangible value. You could also look into upgrading your vehicle or at least getting any work done that’s pending and picking up extra things that you can replace yourself like windshield wipers that may be hard to get if shtf. Ditto house repairs. Get this stuff done now before the next round of Covid lockdowns cripple the economy even further.
You can’t have too many shoes, really. I have a hard time finding my size. When I find a pair that fits well, I wish I could buy fifty pairs. I usually have to settle for one or two. lol
I agree with this about the money. My good friend said to buy stackable coins. And keep lower bills but a good amount on hand. The article, I don’t agree all of the points. There are many people who don’t eat well, and are overweight /obese, and are poor. I get my packages delivered to my PO box. I had someone stealing my packages from my apartment door. 🙂
Buying used is always a good thing. making things from other things is also another way to no stand out, unless you want to.
Yes. Cheap food in the U.S. isn’t low in calories, usually. It’s HIGH in calories and LOW in other nutrients. Not sure why folks don’t get that.
Use the money to buy survival items like seeds, food, water in containers, medical supplies, guns and ammo (unless you are a Democrat then don’t bother).
And all those worries for a virus that hasn’t even been isolated or proven to cause the symptoms of ‘covid 19.’
Increased cases are sold to us as increased mortality. We’re kept in fear and on a short leash, apart from each other and most will end up financially dependent on a state that will control all of us even more than it already does.
Doctors, hospitals, and even states are financially rewarded to test for ‘the virus,’ to diagnose people as ‘covid positive’, to admit ‘covid’ patients to the hospital, and even to kill ‘covid’ patients by putting them onto ventilators.
Death certificates are ordered to be essentially forged to call any death a ‘covid’ death whenever the person may have had a (randomly) positive ‘covid’ test, or if ‘covid’ was suspected to have contributed to the death (so many covid symptoms, so many possibilities to find a suspected contribution).
Mortality rate of ”covid’ is low as we now know (and the CDC publishes). The ‘case’ number depends on a PCR test that never was meant for diagnosis and that according to Fauci and scientists and MDs spit out false positive if the sample is amplified (cycled) more than 35 or even 33 times. At higher cycles not even virus-like cultures can be obtained from the processed sample. “Definitely false positives” Fauci (who gets royalties from all patents and drug sales he’s involved in; one expert estimates that Fauci is associated with 3,500 patents) explained this summer laughing to two scientists. Most rtPCR tests used for ‘covid’ testing run at least 40-44 cycles — all false positive, and the boss knows it. There is no standardization of amplifications, there is no reduction to at least down to 35 cycles.
You want more cases? Test more. They do. And ‘got their second wave.’
The bought media, and pressured doctors and nurses (these professionals are threatened with loosing their jobs if they speak out) are repeating the official narrative about ‘the pandemic.’
The pandemic is based on an invented unproven virus.
Why? To drive the Agenda of the NWO. Simple as that. There is no covid virus.
Actually, some virologists doubt that there isn’t any pathogenic virus. I know, ‘but measles….’ A German court ruled that there is no scientific proof of the measles virus. Crazy right? Check e.g., Dr Stefan Lanka who studied viruses; he won the case in German court.
Unbelievable, right? I couldn’t believe it either (and I worked in biological science, a lot) until I checked it out myself. Looks like we’ve been and are being had.
The ‘corona’ virus is there to change all of us and our way of life into a uniform global controlled ‘community’ that’s run by bankers and their technocrats.
What I can’t understand and I wish someone would explain it in simple terms for this old codger, but why in the world would anyone sit in line for hours to get tested for a disease if they didn’t have raging symptoms?
And if you do have raging symptoms, why aren’t you at Doc in the Box or the local hospital E.R. getting admitted to the infectious ward?
The whole thing is like some Punch and Judy show or an Abbott and Costello Meet Dracula movie.
Yeah, I play the game. I know I am a high risk candidate for anything coming down the road. Overweight, old, artificial heart parts, diabetic because I am fat, bad knees, bad hips — if I don’t have it, it ain’t worth having. I took precautions even before this dog and pony show. When I was doing taxes for AARP if someone showed up hacking and coughing I told them to come back another day when they were better, that we were volunteers to do taxes and not volunteering to get sick.
I always told my employees to stay home if they were sick, that they could make up the days lost but I didn’t want the whole plant down sick, including me, because they needed the bucks and didn’t mind infecting everybody. If somebody came in hacking and coughing, same deal, go home. Get better and we will talk about how you can catch up on your earnings. I didn’t have automatic sick leave. I saw that get too badly abused every place I worked where it was in play.
It wouldn’t surprise me if, as soon as Kammy Harris assumes power in January, we are get to see the whole country under martial law with all sorts of rules and regulations aimed to penalize folks who think this is all a sham.
What, you don’t think the real play is for her to serve ten years as president? Let’s talk about a real deal in gold mines.
LCC – Here in the big city there are Covid 19 testing requirements which must be met for essential city workers and others who interact with the public on a regular basis. They all have to be routinely tested periodically, some every week. If they do not have recent test results, they are not allowed on the job. Catch 22.
Well, that certainly is one way to make sure the count stays high, isn’t it? Test everyone who comes in contact with the public. They are bound to have a stray virus or two even if they don’t exhibit any symptoms. Then you can order them home for two weeks and increase the load on the workers who have managed to avoid picking up the stray bug or two.
I am not a virologist by any means but it seems to me there surely must be a critical mass at which point the virus turns from just another bug in your system to something that starts to affect the state of your health. I find it hard to believe that a single virus or even a small group of viruses which may be detectable on testing signifies overwhelming viremia.
We all walk around daily with staphylococcus aureus on our skins with no ill effects. It is only under special circumstances such a a skin break that isn’t treated or a skin break when our immune system is temporarily depressed that the hordes of S.A. suddenly turn deadly.
Why is the COVD any different from S.A.? Certainly if someone walking around with an asymptomatic case of COVD sneezes or coughs near you, there is a chance of you developing a symptomatic case of COVD. But is that chance worth all the hysteria government wonks are generating?
How many times have we heard of a person developing a rare disorder swimming in a natural water body where during the summer thousands of other people have enjoyed bathing in that same natural body of water?
I am still not clear what the underlying purpose of the government sponsored hysteria is. I am sure I understand the purpose behind the hysteria of climate change and that is so far from what is a natural cycle that it is easy to detect the big lie. Once told a huge lie by anyone how likely are you to believe another hard-to-believe tale from the same person or group?
LCC- These leftist scientific standards addressed here no longer apply common sense, only manipulation, fraud and deception until we are no longer watching and they achieve the proper results. In the interim they spout this as the facts!
Could symptoms of Covid, loss of taste and smell be hallmarks of this “disease”? I don’t think so!
Everyone getting tested HAS to divulge their personal information – name, address, birth date, social security number, etc.
Government is maintaining a database on everyone they possibly can.
And not for honorable reasons either.
I never got tested nor caught Covid from what I can tell.
Of course I don’t go around people if I can help it.
Best way to protect yourself from communicable diseases is to stay away from people.
Be a hermit.
You’re still denying this disease? I know people who were sick for a month before they died of it. I know whole families who were sick with it. I talk to a doctor regularly who deals with it every day. The disease is real though I do believe the Left/media exaggerates it to their benefit.
I think the disease is real, but that it is being deployed like the weapon it was created to be. It seems like it’s been awfully selective in who it sickens the worst, and in the areas most heavily infected. I don’t think that is a coincidence. Odd that now, suddenly, we’re experiencing an upswing in cases in New York and other urban centers and that minority populations are the worse affected…after the summer of demonstrations, political activism, the election… seems like somebody’s just been decided to be more useful in the ER than on the street tossing bricks at cops.
Not denying the disease but the disease is like climate change. Yeah, it is a real disease but it has been and is continuing to be blown totally out of proportion.
Same thing with climate change. The climate in Europe has changed significantly 5 times since the Romans were busy conquering Gaul. Read about the Medieval Warming Period. Read about the Little Ice Age. Read about Romans growing wine grapes in England. The 19th century was the end of what was called The Little Ice Age. Comparing temperatures in the 19th century to temperatures in the late 20th century is like comparing the mileage of a Prius to the mileage of a dually F350. It’s a stupid exercise proving nothing.
If one compares the quoted mortality figures, and I agree with Heidi, they are grossly misstated, it still only amounts to approximately .3% of the total population. I have followed the obits in our local paper from some years now to see who I have known in the past is no longer around. They typically run between 25 to 35 per week and have been for the several years I have followed that morbid pastime. All during the “plague” they have continued to run between 25 to 35 per week. Where is the significant jump? The list of deaths, not the paid-for obits, but the list of deaths is from the coroner’s and mortuary reports. Those figures include everyone who dies in the county except, of course, the folks who are taken up into the National Forest on a one-way trip. They don’t die of the plague anyway unless one considers lead poisoning a plague.
Your posts abound with “common sense”, knowledge, and experience. Seems a lot of younger folks can’t think their way out of a wet paper bag now days, really strange. Too many people react to what they’re being told rather that critical thinking that I was taught in 5th grade. Yes, that was years ago. Everyone I see in public is looking at their smart (?) phone, there is a line in-Sound of Silence- “talking without speaking”. Sorry, I digress, did the seasonal flu stop 01/01/20? Haven’t heard or read a word about the flu, guess the c-19 killed it-amazing!
Heidi is 100% correct on all counts. Heed her words.
One thing about BitCoin, digital wallets, anything on-line….If the collapse is large enough, how will it affect the supply of electricity and the ability for these digital systems to continue to operate in the manner needed to satisfy all their customers and consumers. Even if you have a generator, what about these institutions, banks, etc + cybersecurity, etc.
SoonerShooter – There are plenty of regs on the books which mandate that financial institutions have implemented and regularly tested and updated business continuity and disaster recovery plans. That’s one of the reasons why they have a global footprint.
Sorry, City Chick, all the regulations in the world won’t protect your assets if the grid goes down. All those accounts are just zeros and ones on some computer somewhere. No juice, no zeros and ones. Your Certificate of Deposit, your 401K, your IRA, your stocks, bonds, mutual funds, all gone. It used to be when you bought stock you got a nice looking certificate that said how many shares you owned. I haven’t held one of those in my hand since sometime in the 1960s.
One fellow who writes a preppier column is touting a firm in Australia that you buy shares in and if you want them, they redeem them in gold. I tried to tell him that if things go to hell, even if the grid doesn’t go down, in some kind of financial crises getting a gold shipment from a foreign country, unless it is Mexico or Canada and you smuggle it across the border is going to be money lost. In a world of financial turmoil, and I submit we are still the 800 pound gorilla in terms of world finance, getting gold shipped out of a country to a country in deep turmoil is going to have the same chance as winning the biggest super lotto game in history. Even if your mother were holding the gold in Alaska for all the good it would do you, it might as well be still in the ground in Alaska.
I know it isn’t popular to say so and I know all the financial gurus advise against it but for my long term security, if it aint in my hot, grubby hands, it just aint mine and in a world crash it is going to disappear and I will be left with what is under my mattress.
Not to say I don’t have some money in securities too. Have to hedge one’s bets, I think. You can’t bet the whole house on getting one number.
Think about it. The government is spending money it doesn’t have. Has no way of covering all the debt they have outstanding. They are hoping inflation will eat away at that debt but they keep spending more and more. We can’t even meet the interest payments on the outstanding debt let alone reduce the principal. How far out do you think that house of cards is going to be built out? How long before the dollar is worth less than the Venezuelan dinero or cruzeiro or whatever? Will we reach Reichstag levels where a wheelbarrow full of money is needed for a loaf of bread?
Even holding cash in the form of U.S. currency has a certain risk to it. With enough inflation we might see “new money” where you turn in the old money for new bills worth considerably less than the old ones used to be worth. That can happen overnight. The government announces a new currency where a $100 bill is now redeemable for $5.00 in new currency. But the prices stay the same as the old prices so the $3.00 loaf of bread still costs $3.00 in new currency meaning the loaf of bread really costs $60.00 — or something like that . I didn’t do the math, it’s just a stab in the dark. If we have a mathematician reading this, please post the accurate figures. Do it with a $10,000 CD too, please.
I remember reading that one of Obama’s people during his admin wrote up a feasibility study of confiscating 401K’s and putting it all in the Social Security trust funds. Don’t know if that is true, but govt often thinks it knows best how to spend your money. In some countries in Europe they took up the gold and, I believe, paid for it, but don’t know if the reimbursement was fair and we all know eminent domain has been twisted so much here that our property may not be safe. If someone ran for president in 2024 and promised to get our fiscal house in order, I would vote them in, but it seems too many want free everything. There are too many ways our economy can sink and there is far too little fiscal responsibility to see clear sailing ahead.
By the way, read that the Chinese under guise of selling clothing etc are bringing in fentanyl to Mexico and partnering with the cartels targeting us. The British did it to them in the 19th century Opium Wars so they learned the technique well. The forgotten man is truly just that.
LCC – Well, in an end of the world scenario, not much of anything will be left and any financial assets perceived today of having any value other than physical commodities, will fall by the wayside. That said, financial institutions do prepare for FEMA emergencies like hurricanes, floods, fire. They also prepare to support US international policy, and defense in case of civil unrest, military actions and war. Bottom line? Sure, it will always be the survival of the fittest.
Our church just had a seminar on a Samson Option for every home . 3 feet underground with the top being subject to a large temple toppling act. You have to make an impression .
There are many stories of vets, while in a dire combat situation, who stated, “If they’re going to kill me then I’m going to take as many of them with me as I can!”
This article is a shut the dang door to the barn after the horse got out article. Before I closed down my little off the books business to shelter from the evil Covidia I did a lot a lot of contract work in the middle class suburbs of Dallas. I could not leave a client’s garage open unless I was inside it, I couldn’t leave leave any tool unsecured in the truck if it was out of sight for more than 2 minutes, thieves were constantly driving up and down streets and alleys everywhere looking for anything not chained down. And honest poor people cruising around in old pickups sifting through all that middle class garbage. The idiots trying to scam you at gas stations. Of course the biggest thieves of all the local governments extorting every nickel they could from contractors.
Ivy Mike – Hey, you’re in Texas? Sounds like downtown Manhattan! The other day my electrician said he could not walk to his truck around the corner with tools in his hand on the job downtown He was afraid he’d get jumped! Be safe.
That’s what I’m saying, from NYC to all the big cities south and west the economy has already crashed for about half the urban population. Of course the poorest American looks rich to most of the world’s population, but it’s time to realize people’s feets are getting wet because the ship is sinking.
Just read a post that reported a change of address report from the NYC post office. There have been 296,000+ change of address requests out of NYC since March 1. The number is significantly higher that the same period from previous years.
While we may cheer at that, the reality in my opinion is that like rats during the Middle Ages, when they leave the nest they have despoiled, they transmit the plague that they left behind to the new areas to which they have moved.
One only needs look at the transformation of Washington, Oregon, Nevada and Arizona to see the effect of the rats from California and the infection they have transmitted to those neighboring states. Those states have gone from solidly conservative states to being infected with Kallyforniyaitis, a deadly political disease that changes a state from careful spending to wildly profligate spending all the while pushing socialistic ideals.
Relax LCC – Most of those postal address changes around here were in-state/tri-state and fledglings returning to their out of town nests! Oddly enough, just about all of NY with the exception of NYC, is Red. With all the moving, we were all very concerned about Lee Zeldin keeping his seat on Long Island, but the folks that moved out there were probably so mad they were all seeing Red!
I have hopes of the Golden State coming back toward the middle since they’d gone too far. Is that possible?
I haven’t an iota of proof but I wonder how Orange County CA went from a significant conservative voter registration to a significant socialist voter registration in one election.
I know how my county went that way. Most of the oil industry is gone. Farming is under fire. Every farmer still farming in this county is in a land conservatory scheme that takes a plurality vote in a general election for them to leave the scheme. The biggest employers in this county are the federal government, the state government and the local governments. There is no significant manufacturing in this county, The one aerospace company has moved most of its work out of state due in part to the constant harassment of the owner of the company.
3M closed its factory in this county years ago.
The huge drug company that was the shining star of “clean manufacturing” that the pols like to point to as the desired tax base has moved most of its operations out of state. They own a big industrial park that I am sure they are trying to unload.
The major mortgage broker in the country prior to the real estate bust is gone. They went OOB like so many other business will with the current madness over the plague.
It does look as if we will get the Amazon distribution center after all. I guess the pols and bureaucrats blinked when Amazon said to stick the distribution center, they would put it in Nevada. The pols and bureaucrats are claiming victory. Yeah, like George Jr. I guess they figure if it worked for him it will work for them. Hardeharharhar!
I wonder what they wound up giving away that is hidden in al the fine print.
So, no, I don’t see the Lead State becoming the Golden State in the lifetimes of all reading this list. I’ve lived here 61 years and it is nowhere near the state I decided I wanted to spend my life in. If my personal circumstances were different, all you would see is a flash of white, a cloud of dust and it wouldn’t be “Hi Yo Silver” it would be Yippee, I’m outta here.”
And you would never ever hear the words, “Well, the way we did it in . . .” pass my lips. In fact, if queried about where I had been living, I would be as vague as is possible.
LCC – So many folks I know who fell in love with CA, pulled up stakes and moved there, and have now returned. It’s a beautiful place, so you should do your best to enjoy it. Hope springs eternal for me as well here in the big city.its a love-hate relationship, but I continue to grow well where I am planted!
CC: There is no denying the beauty of the vast scenic places in the state. The drive along the coast from the northern border down to Santa Monica is almond the most wondrous scenic drives/bike rides int he world. There is no denying the breathtaking beauty of Yosemite. The huge silent expanse of Death Valley is stunningly beautiful. The hills covered with wild mustard after a wet spring is blinding to the eye. The majestic mountains of the Sierra Nevada with their snow-capped peaks stuns one. The mysteries of the bristlecone pines in the remote high elevation hideaway is awe-inspiring. Even what we consider wasteland between Barstow and the Nevada line when one looks at in detail and not at 75mph has its own unique beauty. I truly love taking visitors around the state sharing all the wondrous beauties that the state holds within its borders.
Yet when one considers the political scene with basically one party ruling the state with the goobinator issuing one person edicts like some demented caesars with his carefully pomaded hair and artificially whitened sneer that is supposed to be a smile one can only wonder what happened? How did this state that once had the greatest university system in the world, the world’s best highway system, a k-12 school system that wasn’t at the bottom of the states despite spending more money per student than most other states, a pot-holed, overcrowded, antiquated roadway system despite having among the highest vehicle registration fees and road tax fees in the country — I won’t bore everyone with my whining.
I live in a state renown for being the landing zone for those fleeing the “despoiled nests” of the NE U.S. I’m tired of them, really tired.
ST – Sorry to hear that you feel that way, but really the rest of us here are kind of glad to see them go.
I’d like to see them go as well. After a few decades, one gets tired of complaints about a lack of a subway system, while standing on a limestone peninsula, in a coastal city, less than ten feet above sea level. AZ took some of the burden off of us, but not enough.
I have one wonderful neighbor who is moving back to NYC, but only because of declining health. The rest of the pests from the NE are staying. Just my luck! 🙂
If I sound bitter, imagine hearing nothing but complaints from expats on every conceivable topic, in between bragging about how this or that is “way bettah oop nooath”. I’ve lived in the same county all my days. These fools complain more than I do. Why don’t they just go home? Our cities will never be NY/NJ/MA etc. Their snobbery is incredible. If these are the kind of people you put up with, your locals, you have my sympathy.
Yes indeed there Ivy Mike – And the politicians, a Big Shout Out to Nancy Pelosi here with those two huge freezers full of ice cream, are holding up immediate relief for desperate people to help them stay in business while preventing them from doing what they have to do to stay in business to take care of their employees and their families!
Thank you, Rich M. These are all good reminders because they speak to getting your head in the game of not standing out. My husband had to call me out about being too obvious when unloading from a big Walmart visit. Trying to break the routine too. This is the hard stuff.
I have to hide my gun bag in a trash bag when I go to the range. I have a few VERY nosy neighbors, with cameras. So until I can move (hopefully by summer), that’s the way. We also unload in shifts, if possible. All the frozen stuff, cold stuff, or high dollar stuff goes in. We come out a bit later for the rest.
ST – Make sure you are not followed coming home from the range.best to be dropped off and then picked up.
Always. I grew up in the era AND area of Adam Walsh. Been careful of this since elementary school. And I’ve been followed by cars myself, on foot and later in life while driving. Disturbing, but in hindsight, a good test of my skills.
I really can’t do the drop/pickup thing. I don’t know anyone around here I’d want to know I go to the range. That’s what happens when you stay around your hometown too long-everyone else moves away! lol
That’s a really good idea about the groceries. I get the non-perishables pre-ordered at Walmart so they are loaded first then go into the store to pick out veggies, meat and dairy so it would be easy to break it into shifts. Also when I come home from store husband backs the car into the driveway ( I never could drive in reverse) and that makes it a little less noticeable.
With regard to obesity, when is the last time you saw a skinny poor person? Most obese people are that way because of crappy diets loaded with carbs and sugar (that are CHEAP).
So you might want to strike that off your list. If someone sees you and you’re fat, it is more likely due to your EBT card.
One summer a few years back, I repaved my driveway and put a new roof on the oldest part of the house. Both items needed doing, and the driveway was at least a year overdue, probably more. It had to be all stripped down to the base and start over.
One person who lived nearby casually mentioned to me that i must be made of money to hire people to do both jobs within the same summer.
That made me realize people noticed things a lot more than I gave them credit. Granted, this man is a known gossip, and that offhand remark confirmed it for me.
I don’t agree with making the house looked unkempt. That could signal to someone the house might be abandoned, and a place they can take over. But keeping one’s house to look similar to the others in the neighborhood would show there’s not anything especially worthwhile with this one–unless of course all houses in the neighborhood are meticulously maintained and showing off their ginormous outdoor grills and high-dollar vehicles parked in the driveway.
mbl, it really comes down to knowing your block. Only you know where the line is between letting your home look like you’re in hard times, and looking abandoned.
ST – I’d say the rule of thumb here is the opposite of curb appeal! Read somewhere quite sometime ago now, that burglars like freshly painted houses, with spotless windows and lots and lots pretty flowers planted around the house.
Yes. No small number of crooks are also blue-collar workers. They go to Home Depot too, and they know exactly how much you just spent on your new shrubbery.
This is most inspired article I have seen, when most people addressing this won’t stray from the standard doggerel. You have a great manner when explaining things, and I shall check back as I enjoy your posts.
dz that’s a misprint. It should read..
The board is designed to remove any information that does not conform to the DemoFascist agenda. The Board will also track and monitor anyone posting such material.
WMD, I heard about a “misinformation government board” on the news so I searched and found a lot of links, browsed a few and decided Breitbart was a fairly neutral and reliable article that still shows this is a blatant Unconstitutional censorship program being implemented by the current administration. Scary, very scary. Stay in practice, stay well stocked.