Time is getting short

by

If you have been paying attention you know time is getting short.  The president takes to the airwaves tonight to reassure us and explain his plan to deliver us from this economic morass.

Things are getting worse.  The collapse is accelerating.  I still don’t think that we are anywhere near bottom.  I hope when Obama gives his speech tonight that he explains to the catatonic American public that our economy is going through fundamental changes.  That what we are experiencing is not a regular business cycle, but a total evolution of our economic system.  Most people don’t realize it yet.  Many of you may not even agree with me.

I have a friend (actually lots of friends) but I was discussing things with my non-believer friend and I said that I only think we are about 20% of the way into the collapse/crisis/evolution and he wanted asked me how bad I thought it would get so I asked him if he’s been affected yet.  He said no.  My answer is if you haven’t been personally affected by the collapse so far then you will be.  You will be.

I do expect that at some point something is going to have to give with our currency.  It’s a weird dynamic that is created through:

  • the unbridled creation of currency;
  • fractional reserve allowances and
  • the confidence game where other countries keep buying our bonds.

So at some point do they devalue our currency?  Will this get banks to loan again?  Do the Asians stop buying our debt or begin the wholesale selling it?

I don’t know.   What I do know though is that I look at Iceland and recognize that it can happen here too.    So even though most citizens are against another bailout we get another huge bailout jammed down our throats and the throats of the yet to be born.

I basically see three options – 1. the bailouts work, 2. the bailouts don’t work or 3. there is another terrorist attack/war to divert/entertain us.

1. If the bailout works great.  We have nothing but the bill to pay.  I don’t think we will ever be able to meet the debt load but so what our economy will be saved, the stores will stay open and we can continue to buy our SUVs, Hummers and vacation homes.   I assign maybe a 5% probability of this outcome.

2. If the bailout doesn’t work then each of us is going to have to learn how to live in our yet to be born ‘new economy.’  This will mean more local food production and more local manufacturing, reuse, recycle or repair.  More folks living together.  More part-time work.  Travel and driving may become luxuries.  I assign a 55% probability to this outcome.

3. Terror attack or war.  I see this as a likely outcome.  Either would prove a useful distraction from the economic collapse, allow our government to impose additional restrictions on our freedom, right to own firearms, right to travel and communicate and also at the same time jsutify more additional spending on the Military and Police State.

Outcomes 2 and 3 can occur concomitantly.  So what to do – prepare for scarcity of goods and the further implementation of a fascist state.  More to follow.

Get outside everyday!

w2Just a sweet white burch.  These trees were magic to the Native Americans.  They supplied everything.  The seeds can be dried and pounded into a flour.  The bark is oily and makes the best firestarter and poultices were made for skin cancers.

a1I like this picture the way that each pine needle on this white pine has a little drop of water at the end of it.  It’s kind of amazing.  Each drop is the basis of life.

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2 Responses to “Time is getting short”

  1. Hilljack33 Says:

    Will it or won’t it ? I certainly spend a lot of my days considering this. I agree that we have a ways to go, but I am concerned about some unknown “trigger” happening, speeding up the collapse. The parties over, a paradigm shift has occured.

    I must admit it drives me a little crazy. I have both SHTF and NON SHTF plans. Both overlap. The SHTF plan feeds into the Non SHTF plan. So plan wise I got it covered, but these are trying times to prep. Prepping comes down to prioritizing things and the uncertainity makes planning just that much harder.

    Now is the time to stay focused on prepping, because it doesn’t look good. Since it’s all borrowed money, any decrease in loans to .gov could bring the house of cards down. The Credit Default Swap monster will devour us if it get’s loose. The dollar could collapse, oil could dry up and the stores run empty with startling speed. Scary to think about, but you are either prepared for it or not. Stay alert in these trying times.

    I know it’s not easy, but watching this unfold and acting is the only way to survive it.

  2. DIY Projects » Blog Archive » Time is Getting Short « Abraham’S Blog Says:

    […] Just a sweet white burch. These trees were magic to the Native Americans. They supplied everything. The seeds can be dried and pounded into a flour. The bark is oily and makes the best firestarter and poultices were made for skin …Continue […]

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