Sunday, July 31, 2011

After running off the cliffn three years ago...

Wiley Coyote has finally looked down. Japan has started converting U.S. Bonds to other currency. You all know your post WWI German history. You've all read about the Great depression. It starts with other countries bailing on your currency. Laugh at my mantra to be prepared, but please try to prepare a little teensy bit.

With Japan starting to bail in earnest. It has a very good chance of getting ugly. Please, at least stock up on some things. Ask yourself what you really need, what you don't and what you might crave if it went into short supply. While you might buy a lot of what you crave, do yourself a favor, and use it as a barter when you meet people weaker than you and just gotta have it.

I did a general inventory and even I feel ill prepared. I can just barely afford to lose half my income if I really got squeezed with the SS, but it'd be an ugly existence. After reading all the economics at play, my opinion is that we have a 60% chance of getting The Great Depression ugly. Food riots are just a wrong hiccup away. Time to pay the Piper, and the elite aren't stepping up. You know who will do the paying.

Say what you want and feel about this issue EXCEPT with us/them comments. I'm tired of grade school politics and will delete them. Lets keep this focused on survival.

4 comments:

Toad said...

I guess I could say I am NOT prepared. You forgot to say, what the HUMAN reaction to not being able to survive will be. BTW, that isn't a bogus question.

Huck Finn said...

riots. I think if it hits the fan hard, we will see riots like the 60s. Going to be mighty weird seeing grandma and grandpa out with their signs and walkers, doing sit ins/sleep ins, what have you. Jesting aside, I've seen folks that "had," become "not haves," and how desperation made them think and act.

How do you think someone that used to be able to make ends meet feel and act when the store shelves are empty/and or hyper inflation has set things out of reach?

Gold has been climbing very steadily. We will see a correction of up to $250 but we won't see it tank. Why? Because real inflation is driving it. Look at some other countries, and compared to their currency, old isn't moving much at all. That means ours is moving downward. Food and other necessities is going to continue rising without abatement because the USD is tanking. Compared to the rise of gold though, they seem to be neck and neck. That only happens when the currency tanks.

I had a very bad thought last night. We may have started those wars and continued them for a very important reason. Preparation of our Armies for the next big one. Trained in combat so to speak.

OrbsCorbs said...

Today's Dilbert: http://www.dilbert.com/strips/comic/2011-07-31/

If what you say happens, there is nothing I can do about it. I will be amongst the first to riot. Then I'll drive my truck off a cliff.

Huck Finn said...

yeah, been thinking like the gal in Dilbert. Maybe the folks that are coming will let me cook for them.