prepping
by
Adam Taggart
Likely a symptom of growing social unease, we’re seeing a surge in interest amongst our readership in relocation.
Many are folks living in urban and suburban areas worried that local resources and/or rule of law will not hold up well during a serious economic crisis, civil disorder or natural disaster.
Others have watched Peak Prosperity readers successfully transition to more resilient destinations or even build their own self-sufficient homesteads.
Specifically, we’re seeing a hunger for guidance on the key factors to assess when asking:
- How resilient is my current location?
- Should I relocate?
- If so, where to? And what criteria should I prioritize in making my decision?
Should You Relocate To A More Resilient Area?
by Adam TaggartLikely a symptom of growing social unease, we’re seeing a surge in interest amongst our readership in relocation.
Many are folks living in urban and suburban areas worried that local resources and/or rule of law will not hold up well during a serious economic crisis, civil disorder or natural disaster.
Others have watched Peak Prosperity readers successfully transition to more resilient destinations or even build their own self-sufficient homesteads.
Specifically, we’re seeing a hunger for guidance on the key factors to assess when asking:
- How resilient is my current location?
- Should I relocate?
- If so, where to? And what criteria should I prioritize in making my decision?
by
Adam Taggart
by
Chris Martenson
Executive Summary
- Why doing nothing is no longer an option
- Our recommended steps to take for
- Finances
- Home
- Personal Safety
- Health
- Plus: lots of links to related resources
If you have not yet read Part 1: You’re Likely A Lot Less Prepared For Crisis Than You Realize available free to all readers, please click here to read it first.
What To Do
Broken models and bad ideas eventually catch up with you. That day is coming. As to when, I clearly don’t know.
If there’s an outbreak of war with North Korea than that could easily precipitate the breakdown, especially if the conflict spreads across superpowers. That could happen at any time, so the lessons from the hurricanes is this; get ready now.
Barring some sort of kinetic follies, the farthest I can see things carrying on as they have is until 2019 or 2020 when the profound lack of investment in oil will show up as an oil supply shortfall that will result in much higher oil prices. Those higher prices will run smack into ~$250 trillion of global debt and ~4x that amount of un(der)funded liabilities. I covered that thesis in this report, which is worth a re-read (or a first read in case you haven’t already).
The global equity markets are floating along on a sea of liquidity which has allowed them to seriously depart from the underlying fundamentals and from any sense of risk. When neither fundamentals nor risk apply, you have a bubble on your hands.
Bubbles are always in search of a pin. None of us can predict what that pin might be, but it’s out there.
When the next downturn finally comes, it will be with the force of a hundred corrections denied. We’ll be falling from a much higher level of insanity and self-delusion. Once again we’ll discover that prosperity cannot be printed out of thin air. History doesn’t repeat, they say, but when it comes to bubbles it certainly does. They are always the same; they arise from too-easy credit.
Here’s what I think everybody should do, regardless of circumstances…
Crisis Preparation: What To Do
PREVIEW by Chris MartensonExecutive Summary
- Why doing nothing is no longer an option
- Our recommended steps to take for
- Finances
- Home
- Personal Safety
- Health
- Plus: lots of links to related resources
If you have not yet read Part 1: You’re Likely A Lot Less Prepared For Crisis Than You Realize available free to all readers, please click here to read it first.
What To Do
Broken models and bad ideas eventually catch up with you. That day is coming. As to when, I clearly don’t know.
If there’s an outbreak of war with North Korea than that could easily precipitate the breakdown, especially if the conflict spreads across superpowers. That could happen at any time, so the lessons from the hurricanes is this; get ready now.
Barring some sort of kinetic follies, the farthest I can see things carrying on as they have is until 2019 or 2020 when the profound lack of investment in oil will show up as an oil supply shortfall that will result in much higher oil prices. Those higher prices will run smack into ~$250 trillion of global debt and ~4x that amount of un(der)funded liabilities. I covered that thesis in this report, which is worth a re-read (or a first read in case you haven’t already).
The global equity markets are floating along on a sea of liquidity which has allowed them to seriously depart from the underlying fundamentals and from any sense of risk. When neither fundamentals nor risk apply, you have a bubble on your hands.
Bubbles are always in search of a pin. None of us can predict what that pin might be, but it’s out there.
When the next downturn finally comes, it will be with the force of a hundred corrections denied. We’ll be falling from a much higher level of insanity and self-delusion. Once again we’ll discover that prosperity cannot be printed out of thin air. History doesn’t repeat, they say, but when it comes to bubbles it certainly does. They are always the same; they arise from too-easy credit.
Here’s what I think everybody should do, regardless of circumstances…
by
Adam Taggart
by
Chris Martenson
Executive Summary
- Why most of those around you will not prepare, despite the obvious risks
- Why the risks are bigger now than most realize
- Positioning yourself ahead of the trend
- The steps for prudent preparation
If you have not yet read Part 1: When The Rich Become Preppers, It’s Time To Worry available free to all readers, please click here to read it first.
People Aren’t Rational
Unfortunately, very few people make decision based on logic and/or rational calculations. Most go by emotion. If their pre-existing belief system is confirmed by something they will do it (or buy it, or learn it) but if not, then forget it. Data doesn’t matter.
I am sure you’ve all encountered this in your own lives, perhaps by trying to spread the warnings of The Crash Course to otherwise intelligent, thoughtful people who somehow just cannot even bring themselves to confront the troubling data.
Not because they are unable intellectually, or even that the data is all that troubling, but usually because their belief system cannot digest the information contained therein. One of the more dominant belief systems out there is that “the government will take care of me/us.”
This is not at all surprising given that we are raised in a very structured and authoritarian educational system. Most of us that is. The repetition of believing that a right answer always exists at the front of the room subtly reinforces the idea that you can trust in the hierarchies present in your culture.
And so it’s not much of a stretch to then invest that same comfort of knowing in the hierarchy of the political structure, or government, too. To attack or undermine the idea that there is a large, benevolent set of public institutions out there is to undermine the very basis of faith in authority.
That’s a biggie for most people, and not easily dislodged. This is why it can be so difficult to get someone to even consider storing an extra months’ worth of food in their otherwise barren pantry. It has nothing to do with cost or space…it has to do with the new belief system that would have to be installed first which is something along the lines of “maybe the system I trust so completely is slightly untrustworthy, and the people operating are not really as in control of it as I like to think.”
And even then, it’s not that simple. Dislodging a belief system and installing a new one is not an intellectual process, but an emotional one. Those are expensive for people under even the best of circumstances but really quite difficult if one lives in a country where emotions are clamped down, not permitted, drugged away, or otherwise subjugated and not allow to flow freely.
The point of all this is to be able to rotate the cube a bit and ask what happens when a mass of people suddenly all decide that their existing belief system isn’t working out anymore?
The herd is now skittish as a result of the tensions which are, in my experience, as high as they have ever been across the social fabric.
Rich people are feeling nervous because…
Preparing Prudently
PREVIEW by Chris MartensonExecutive Summary
- Why most of those around you will not prepare, despite the obvious risks
- Why the risks are bigger now than most realize
- Positioning yourself ahead of the trend
- The steps for prudent preparation
If you have not yet read Part 1: When The Rich Become Preppers, It’s Time To Worry available free to all readers, please click here to read it first.
People Aren’t Rational
Unfortunately, very few people make decision based on logic and/or rational calculations. Most go by emotion. If their pre-existing belief system is confirmed by something they will do it (or buy it, or learn it) but if not, then forget it. Data doesn’t matter.
I am sure you’ve all encountered this in your own lives, perhaps by trying to spread the warnings of The Crash Course to otherwise intelligent, thoughtful people who somehow just cannot even bring themselves to confront the troubling data.
Not because they are unable intellectually, or even that the data is all that troubling, but usually because their belief system cannot digest the information contained therein. One of the more dominant belief systems out there is that “the government will take care of me/us.”
This is not at all surprising given that we are raised in a very structured and authoritarian educational system. Most of us that is. The repetition of believing that a right answer always exists at the front of the room subtly reinforces the idea that you can trust in the hierarchies present in your culture.
And so it’s not much of a stretch to then invest that same comfort of knowing in the hierarchy of the political structure, or government, too. To attack or undermine the idea that there is a large, benevolent set of public institutions out there is to undermine the very basis of faith in authority.
That’s a biggie for most people, and not easily dislodged. This is why it can be so difficult to get someone to even consider storing an extra months’ worth of food in their otherwise barren pantry. It has nothing to do with cost or space…it has to do with the new belief system that would have to be installed first which is something along the lines of “maybe the system I trust so completely is slightly untrustworthy, and the people operating are not really as in control of it as I like to think.”
And even then, it’s not that simple. Dislodging a belief system and installing a new one is not an intellectual process, but an emotional one. Those are expensive for people under even the best of circumstances but really quite difficult if one lives in a country where emotions are clamped down, not permitted, drugged away, or otherwise subjugated and not allow to flow freely.
The point of all this is to be able to rotate the cube a bit and ask what happens when a mass of people suddenly all decide that their existing belief system isn’t working out anymore?
The herd is now skittish as a result of the tensions which are, in my experience, as high as they have ever been across the social fabric.
Rich people are feeling nervous because…
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