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| Subject: The importance of planning 2 To be posted elsewhere | |
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Author: Allen Currie |
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Date Posted: 17:23:39 04/03/13 Wed The importance of planning 2 The world, particularly the US, Europe, and Japan, is sitting on a tipping point, a powder keg with about 50 lit fuses leading to it, induced through decades of active mismanagement, neglect, greed, and divorce from reality by humanity. A little voice says 'it can't happen here' but it shouldn't because history proves it likely will happen. Mankind’s mindset has become EXTREMELY skewed. Negative or any consequences are ignored. “Because I can”. (I have a gun and ‘can’ take him out, ignoring the fact that he might shoot back and get luckier, or because I have an urge and contraceptive pill, I can practice indiscriminate sex and reproduction, I can and will, ignore the negatives of disease and world overpopulation, or because it doesn’t kill me ‘right away’ I can, and will pollute my body by smoking, or pollute my surroundings by injecting pollutants) It has become so good that we expect all our problems to be solved by authority using simple 10 second sound bites, even when it is shown they do not work. Insanity is doing the same thing over and expecting different results. The number of man induced catastrophes available to comment on is pretty endless so I will limit myself to what I think is now unavoidable, failure of the financial system. The world financial system went bankrupt 17 August 2008. Remember the mortgage derivatives? August 17 was the day governments around the world put aside their huge differences to first, change the rules that decide how derivatives were handled on bank balance sheets and, in the easy cases pumped more free money into the banks than if they had bought all their shares on the stock markets. In some of the worst cases around the world, they simply “nationalized” or “absorbed” the banks into government. Even today, if the banking system was forced to account for derivatives, even in the same airy fairy way they were doing before August 17, probably most banks around the world would be belly up, even with all that “free” government money on board. Mortgage based derivatives are only a very small percentage of the total derivatives market. The total derivatives market has been estimated to be one and one half Quadrillion dollars. Nobody knows for sure. To put that in context, world GDP is estimated in the range of $60-70 trillion dollars. Divide 1,500,000,000,000,000 by 70,000,000,000,000 and you get about 11+ years of paying 100% of EVERY transaction made by everyone in the world to pay off those derivatives. (Which are ALL an obligation to pay, or loans with a fancy name.) Can you go 11+ years without money for food and other small things in life? Never mind the LOANS admitted to by governments, commercials, or individuals. The US government is admitting to $16,5 trillion in loans ON the books, and another $50-80 trillion in obligations OFF the books. (Not that they have the disease worse than most, but they are so huge and are the basis for the world monetary system, so nothing else really matters.) The hoo haw about the last raising of the debt ceiling or the US would default, proves conclusively that IF the US would default on the money then owed, how will they not default on a larger amount? There are nine or ten ways the US dollar may go to zero, but all are based on one thing, confidence. You take that piece of green toilet tissue for your assets or time because you have CONFIDENCE you can take it down to the grocers and exchange it for food. The moment you don’t believe (true or not) the grocer will exchange it for food, you will demand to be paid in something else, food or whatever. OR you will take your ball and go home. What will happen if confidence fails, as it surely must? It is already happening. My own estimate is that China has dumped about $1 trillion US dollars in two years. Cyprus is but a small, but frightening example. Well, first of all you had better have a garden. You will need food because nobody is going to have much food in our high rise, just in time, urban atmosphere. Currently the US imports 2/3 of its hydrocarbon needs. If the US dollar becomes worthless, how will the US supply its transportation needs, never mind the farmers to grow the food? That is today, not some distant, airy fairy estimate of hydrocarbon self sufficiency. People, like those in cities of 500,000 plus, are going to run out of groceries in literally hours. How long till the social structure breaks down and rioting starts? It will likely be worse in larger cities. Well, being a long way from the fan sounds like a good place to be. I am. It is over 100 km to the nearest population centre of over 100,000 people and over 50 km to the nearest collection of 40 or so houses. My nearest year round neighbour is over 10 km away. True, I have no electricity, cell phone coverage, land line, internet, or TV coverage. But I can get along without these things. I do now. True, I have a fairly significant store of some things like salt, which will become difficult to get, but by and large I am self sufficient. I plan to grab what is now costly (like two inch poly water pipe) but will be very unimportant at the time of Armageddon. I have been buying all sorts of fruit and nut trees, several hundred dollars of vegetable seeds. Etc. To research, I went to Antarctica supplies (and the far north) to see what was required to support life. It is in the tons. I also researched what pioneers found most valuable because they could not haul huge weights with them on their journey into the wilderness. (Sharp edges like saws and axes were golden. Surprisingly, many forgot seeds, just as many preppers/survivalists are forgetting can openers, needles and toilet tissue.) Now I had an idea what was valuable, I could plan accordingly. My novel, “Operation Phoenix” available in download, free sample read, and hard copy at www.AllenCurrie.ca expands on conditions that I foresee happening at Armageddon. More to come in a couple of weeks. Allen Currie [ Next Thread | Previous Thread | Next Message | Previous Message ] |
| Subject | Author | Date |
| Re: The importance of planning 2 To be posted elsewhere | Bronwyn (Enjoyed our talk last tweek.) | 23:16:53 04/22/13 Mon |