Sunday, January 5, 2014

WHO’S LEFT TO BUY? « The Burning Platform

When anybody can make up anything they want to at anytime, I fail to see the relevance of anything.

The market will crash, or it won't. If it does, even in the crash of 1929, stocks didn't become worthless and they rebounded. There are any number of ugly scenarios, retirements wiped out, insolvent brokers, etc, all courtesy of criminal fraud which has yet to produce one indictment. Since there's no reason to believe this time will be different, except worse considering the inter-dependency of individuals and just in time supply chain, then the rational thing to do is become as independent and self-sufficient as possible. This means different things to different people, but surely debt free is one. A few month's worth of food, water supply, and means to defend ones self are reasonable precautions. Having like minded neighbors is another. If you're not fighting each other, then it's easier to deal with external threats.

What will a collapse look like? Unfortunately, it will look like banks repossessing everything they can get their hands on. Civil unrest will occur when SNAP cards run out and Walmarts get looted. Unfortunately for me, that includes some of my neighbors. How far will the dominoes fall? If the first depression since the FRA of 1913 is any indication, a lot of misery can go a long way, and a lot of strong arm tactics were employed by organized gangs. It remains to be seen what a society will do when the free ride ends. Hopefully, find something constructive to do, rather than destructive.

It would also be nice to kick out the federalists while we're at it, since they've pretty much established they're unable to manage their own affairs, much less anyone else's.

WHO’S LEFT TO BUY? « The Burning Platform:

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