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| Subject: Re: The importance of planning 2 To be posted elsewhere | |
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Author: Bronwyn (Enjoyed our talk last tweek.) |
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Date Posted: 23:16:53 04/22/13 Mon In reply to: Allen Currie 's message, "The importance of planning 2 To be posted elsewhere" on 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 ] |