For more than a decade, our advice here at Peak Prosperity has been consistent: own hard assets like gold and silver, manage your stock & bond portfolio risks, grow some of your own food, diversify your income streams, and cultivate a resilient lifestyle.
Why?
Because our entire economic system — with its over-financialization and and dependence on perpetual exponential debt growth — is unsustainable.
Anything that is unsustainable, by definition, will someday stop.
We didn’t know what the ‘pin’ would be that would ultimately pop the fantasy – war, Peak Oil, maybe even a pandemic? But we knew whatever it was, it wouldn’t really matter in the end.
So we advised resilience and sustainability. We begged, nudged, and enticed people to learn new skills. We practiced what we preached. We said “it’s time” over and over again, and provided reams of data to support our positions.
Few could hear it. But a small critical-thinking contingent of the population did, and undertook actions to make their lives and the larger world a more resilient, more beautiful, and better place to live.
And yet, after so much time cautioning about it and preparing for it, it feels otherworldly to be finally confronted with the actual end of “what was.”
It’s really here. This isn’t a dress rehearsal. The curtain has gone up and the show has started.
I find myself alternating between excitement and deep anxiety. Maybe several times in the same hour.
Excitement because this is a historic moment, one that offers us all a chance to reform things for the better. Deep anxiety because there are some very dark outcomes that are open possibilities.
First Things First
I realize that your main concern is probably keeping you and your loved ones protected from the coronavirus. And it should be. That’s job #1.
Be sure to make your home safe and up your personal hygiene and social distancing game. For guidance on what specifically to do, read our Covid-19 Home Lockdown Survival Guide and continue to tune into our daily YouTube video updates to stay abreast of developments.
Then help your neighbors and community. Be calm and a steady rock for those who are just now slamming through their own adjustment process.