By: Tom Chatham
Since the 1970’s the job opportunities in America have slowly dwindled to the point of total economic collapse, at least for the blue collar worker. No longer can a person expect to go out and get a job at will in the field of his choice. The jobs are now far and few between and they are mainly service related and part time at best. While there are still good jobs to be had in some sectors, these are highly specialized and very competitive. Only a few lucky individuals get them. It leaves very little for the bulk of the job seeking public. Over the years we have seen a gradual decay of the job market from one sector to another.
First agriculture jobs gave way to manufacturing jobs. Then manufacturing jobs gave way to service sector jobs. Then full time jobs gave way to part time jobs. The problem with service related jobs is that you must have a productive economy where people have large mounts of excess, spendable income to support the service economy. Most people no longer have the excess money to spend on less critical items. So what comes next in the great American job game?
That can only be one thing. Part time jobs will give way to no jobs. The day when Americans can no longer work for others to create income is fast approaching. This means many will need to take matters into their own hands and create their own jobs. When the economy becomes dysfunctional only small business will be able to pull it out. That means more individuals taking the risk to produce products that society needs on the local level.
The major impediment to that type of recovery is the government itself. The mass of bureaucracy now in place is meant to stifle any individual productive effort. If government cannot control it, it kills it. This must change and will change once Americans feel enough pain and begin to defy the government.
In the early to mid 20th century, mom and pop operations littered the highways of America. Small stores sold many assorted items that allowed families to survive and prosper even in difficult times. This entrepreneurial spirit is what made America what it is or at least what it was.
The days of producing products for a worldwide market are largely over for the U.S. which means many of those manufacturing jobs will not come back because we can no longer compete economically. This will force society to embrace former economic models that worked, at least enough for society to survive. This means small scale production directed at local markets.
As I stated in Rebuilding the Republic, we will be forced to go back to a society where about 20% of the population lives and works on small diversified farms. This will provide stable working and living conditions for a substantial percentage of the population no matter what the economic conditions are.
This will take 20% of the population out of the job market allowing less competition for the few manufacturing jobs that exist. There will also need to be a shift from large corporate systems to smaller local systems. This will spread the profits from sales more evenly across the nation and allow a smaller economy to sustain the population as it once did. Instead of corporations getting the lions share of the profits it will be left in the hands of local merchants and producers who spend it locally.
Lets not live under any delusions. The west line has moved to the far east and China will be the next industrial power. America will never again be as it once was. This means we will need to focus on building a smaller more efficient economy that provides the basic necessities for the nations people. That also means the many social programs that many now enjoy will have to go out of financial necessity. We will not be able to afford them in the future. Many will not like to hear that but that is the cold hard reality we must face as a nation.
You may not like my conclusions, but do not think that money printing and government controls will solve everything because we already know they don’t. Americans need to realize that the nation as we know it must change the current dysfunctional model if we are to survive as an entity. Change is coming and ignoring it will not do any good.
By: Tom Chatham
Planned obsolescence is the act of designing something to become obsolete or self destruct at a certain point in the future for the purpose of replacing it with something else. We see this with many of the things we use today, especially appliances, home furnishings and technology. We are expected to upgrade at regular intervals to keep up with the times.
It was not always this way. In the past many things were built to last, in some cases for many generations. There are many homes in the world that were built centuries ago and are as functional today as the day they were built. There are appliances built almost a century ago that still do what they were designed to do. There are cars and tools that are decades old that still function as intended.
Many of the items that were built in the past were overbuilt and as a result maintain their function. They were built at a time when society demanded and expected the things they used to last a lifetime. Many items were built to be repaired many times in their functional life extending their usefulness and making them a good value to the owners. At some point, that mantra changed.
As society grew some people realized that they could sell many more items in the future if the products they built only lasted a short while and required replacement. During the 20th century industrialization ran head on into planned obsolescence. Things could be made cheaper and profit margins would expand.
This can be seen in society today in the many things we use. Granted, technology is constantly improving making some things less useful but many of the things we use still work as they always did. Homes used to be built of solid timbers making them last hundreds of years. Today the standard building materials are cheap imitations of that bygone era and modern construction is not expected to last for more than a generation as old buildings are torn down to make way for new and improved designs and tastes.
Society has been conditioned to want and expect change. How many times have you seen mobs outside a store waiting for the release of a new product. They wait to buy a replacement for things that still work fine but are not new enough. They tear down old buildings made of brick and mortar and replace it with one made of tin and particle board. They are on a constant quest to replace the old with the new.
There is a good case to be made for maintaining the old. Once it is built or purchased you do not need to spend money replacing it. The simple act of maintenance and repair will allow you to spend future monies on other necessities. There are some in society that live by the broken window theory. They believe that a broken window is good for society. If a shopkeeper gets a broken window it will force him to spend money to fix it. The window maker makes money. The window seller makes money. The window installer makes money. What they do not understand is that this creative destruction does not allow society to increase its wealth. It is like paying a man to dig holes and another to fill them. You have not created anything new in the end.
When a person buys land and builds a good home on it, if that home is left to the next generation, they can add to it and use their newly earned money to increase their wealth. Over successive generations, the family can increase their wealth because it is the collective wealth of several generations that has amassed. If every generation has to start from scratch, they will only get so far. This is how many of the wealthy families in the world do it. The death taxes that many people are forced to pay when a relative dies is just one of the many ways the system is rigged against the individual. It is a way for the system to force the idea of planned obsolescence on people. It forces people to relinquish the old and start anew.
Planned obsolescence is not restricted to mere products anymore. It now also applies to nation states as well. The U.S. Constitution was made to last for all time. It was designed to adjust to changing culture and needs in society. For many years those in society that have no admiration for the past have sought to change our basic principles of self determination and replace it with planned societies. More and more in the past few years we have heard the chorus of those that profess the constitution is outdated and irrelevant in today’s society. They want us to move into the future. They want us to embrace their vision of what should be.
They want us to demolish the old brick and mortar building that has sheltered us for so long and replace it with a cheap new imitation. Just as our monetary system has evolved into something cheap and disposable, they want to move us away from the overbuilt constitutional structure that can be repaired and reused indefinitely and build a new structure that is cheap and disposable for easy replacement as the whims of society changes.
America is headed for planned obsolescence by a shortsighted, uneducated and careless society that values the enjoyment of cheap trinkets and quick fixes rather than the solid value of time tested products and customs. America is about to be changed forever and just like the older durable products that made their way to the landfills, America may someday find itself covered with dirt to be remembered only in history books.
Just like with our cars, houses, appliances and money, our current form of government that has provided us with prosperity, freedom and liberty for so long is now being engineered for premature destruction. The question is, will the people embrace the new version or will they fight to keep the older model a little longer. Only time will tell.
By: Tom Chatham
What happens when an unstoppable government agency meets an immovable public opinion? In this case the unstoppable agency is forced to change course. At least for now.
According to the Washington Times, the BATFE has apologized for a “publishing error” that led everyone to believe the M855 ammo, that so many people use, was already banned. There is still a comment period until March 16 on its proposal to ban the ammo.
According to an agency statement, “ ATF has not rescinded any armor piercing ammunition exemption, and the fact they are not listed in the 2014 online edition of the regulations was an error which has no legal impact. ATF apologizes for any confusion caused by this publishing error”.
The ATF’s statement specified that the exemptions for 5.56mm SS109 and M855 ammo, and for the U.S. .30-06 M2AP bullet “remain in effect”.
This is just another case of the Obama administration putting the cart before the horse. Just like the 100,000 illegals that were given documents before the official amnesty period was to begin, they have tried to slip past the gatekeepers by ignoring or rewriting laws that they cannot pass in Congress.
If the outrage had not been as universal as it was, it is likely ATF would have left the revised regulations as they were, without the exemptions for the popular ammo and the die would have been cast. This is not the end. They will be back with another scheme to deny the public guns and ammo.
This was no publishing error as described because the Obama administration was touting the benefits and need for this for weeks. If it was merely a publishing error, how did they know about it? Government corruption is beginning to wear thin on a populace that has had enough of big government incursions into individual rights.
If they cannot get this ban, they will try for something else very soon, that much is guaranteed. As I have stated before, when it comes to guns and ammo, the two critical items are primers and powder. Everything else can be made from scratch or reused multiple times. It’s these two items you really need to watch in the future. When they go after these items, you know they are getting serious and desperate. Just something to keep in mind in the days ahead.
By: Tom Chatham
Those that claim TPTB want to disarm Americans so they can take control are right to some degree. What many have not yet realized is that there are other items beyond guns and bullets that the government would have to ban to prevent individuals from acting out against the dictatorship many see taking form.
One of the things Dave Hodges lists as necessary for martial law is the elimination of guns, ammo and certain chemicals. It’s the certain chemicals that the average person thinks little about but can reap more havoc on occupation forces than bullets. In Iraq it was the IEDs and EFPs that caused the most fear.
Most people do not realize that many of the chemicals that they use on a daily basis have multiple uses. It is these everyday chemicals that the government will likely try to ban or restrict just prior to taking full control of the country.
Ammonium nitrate is used in ice packs and for fertilizer. Aluminum powder is used for radiator stop leak. Nitromethane is a fuel additive used for drag racing and model planes among other things. When these three items are mixed in the proper way they form a plastic compound similar to C4.
Rust is a common element found just about anywhere unprotected metal exists. When that rust is combined with aluminum powder and ignited, it produces a flame that can melt steel. It is commonly known as thermite.
Sulfur is used for many different things like gardening. Charcoal is used for things like water filtration and salt petre is used for things like food preservation. When these three items are combined they produce black powder.
This is just a short list of everyday chemicals that can be used by individuals fighting a rogue government. That is why these items will likely be taken off the market or restricted at some point to prevent those with the know-how from utilizing every means possible to fight for their freedom.
It is not a coincidence that environmentalism will likely be used to remove these things from society’s reach. Just like lead, a primary component of homemade bullets is under fire for damage to the environment and forces are trying to remove it from general use in things like bullets, wheel weights and batteries and is the main reason the last lead mine in the U.S. was closed down last year. This is the reason liberals are so close to the environmental groups. It is a means to an end.
Perhaps after reading this things will make more sense in the future when you see seemingly unrelated things happening. When you see legislation banning certain chemicals or products in the future as dangerous you will likely know what the real reason is. This is just one more reason to stock certain items for future use whatever your intended use is for them but you should be careful what you store and where you store it. It is now common practice for police when they search your property to look for certain chemicals that they can use to accuse you of being a bomb maker.
So, to some extent, the government is already beginning to tighten down the screws on the public. The long slow march to tyranny has begun and the worst is yet to come. Be prepared and be smart.
By: Tom Chatham
If you are reading this then you understand the danger we face or at least want to understand it. The daily assurances by the government and MSM are all that most people need to relieve them of the burden of individual responsibility. Ultimately, the buck stops with you when the welfare of your family is at stake.
In The American Dream Lost I outlined a simple strategy to disaster proof your life if everything falls apart in society. For the benefit of those that have not read it before I will outline the basic strategy here. Time is getting critical and decisions need to be made. The strategy is designed for those with minimal savings to draw on but can be used by those with substantial assets as well.
It does not matter if the emergency is loss of employment, natural disaster, civil unrest or economic collapse. The results are similar. Your ability to care for your family is hampered to some degree and life can become difficult very fast. The credit system we rely on can break down and leave you with few or no resources to continue normal daily living.
As many in the preparedness community have stated many times before, there are certain things you need to have to get by in difficult times when you cannot afford them or possibly find them. Food is universal in all lists but that is not the only critical item to have. Food will keep you fed but there are other environmental conditions that need to be addressed.
Here is a list of critical items you need to have covered no matter what happens.
Food & household items
These are not the only things you should have covered but they are the top of the list.
You need to store enough basic foods to feed your family at least two good meals a day for one year. Three meals a day is better but two is a minimum to prevent starvation and desperation. Basic, inexpensive foods should be emphasized such as flour, cornmeal, beans, rice, oats, pancake mix, cooking oil, powdered milk, canned vegetables, canned fruit, syrup, honey, potato flakes, gravy mix, canned meats and pasta. Cooking essentials should also be included such as granulated sugar, brown sugar, salt, pepper, corn starch, baking soda, baking powder, yeast, cocoa and spices. You also need to store basic household items such as dish soap, washing powder, toilet paper, toothpaste, soap, shampoo, razors, shaving cream, sponges and scrubbing pads.
Water filtration is essential where water sources are suspect. Either portable filters or countertop models will insure you can maintain good health during difficult times when potable water is not readily available from the usual sources.
Shelter is a critical element and can determine the quality of life of your family over long durations. If you do not fully own your present shelter you are in danger of losing it if you are unable to maintain payments at some future time. Even if you own it the location may present security problems in the future so other alternatives must be available. A good used camper trailer allows you the ability to shelter your family year round and also provides you with mobility when you need it. A good used camper trailer can be found today for under $3,000 dollars and some for much less but you will have to shop around. The sooner you start looking, the more time you will have to find good deals.
Clothing is an essential need of humans. While most people have ample supplies of clothing to get them through several months, it is good to have a backup supply of some basic clothing for each family member just in case the difficulties last longer than expected or you lose most of your clothing due to disaster. You should buy two complete sets of clothing for each family member and store them in your trailer.
Security is important and its relevance depends on your location. Those in a remote area will have fewer security problems than someone in an urban area depending on the disaster and its aftermath. The ability to defend your family is critical depending on events and you need to have a plan and equipment to take care of unfolding situations. If you do not currently own a gun and have limited gun knowledge a pump shotgun and 500 rounds of ammo would be the best thing to start out with. It will provide you with good defensive capabilities and the ability to hunt.
Energy is a critical element and the longer you must care for yourself, the more critical it becomes. You must have the ability to provide conventional energy for short durations and have an energy plan to cover needs for longterm situations. Propane and a generator work well for short term but once you run out of fuel you will suffer. You must have a way to provide alternative energy for your systems regardless of the situation. One good alternative is to build a wood gassifier unit. You can use this to run your generator and your truck. With a sufficient wood supply you can run most of your items for months or even years on locally available wood supplies. Other systems such as solar, wind or wood stoves are good but they are limited to only a few things where a gassifier can be utilized to provide power for most of your energy needs. A combination of these energy systems would be best if you can afford it.
Transportation is critical if you are not in a safe location when everything destabilizes. If you have a camper trailer you will also need something to pull it. Older pickup trucks can be found for under $1,500. When combined with a wood gassifier, you have a transportation system with almost unlimited range when conventional fuel supplies are cut off or unavailable.
Silver is a good commodity to have when the economic system is not functioning as it should. Holding at least $30 dollars in face value of junk silver coins provides you with the ability to buy items when money is scarce or not accepted. It also provides you with a way to save money over the longterm until it is needed. If you have sufficient financial means, larger amounts of gold and silver provide a medium that is easily stored and transported.
With a fully stocked camper trailer and truck, you have the means to get out of harms way very quickly and maintain a reasonable quality of life wherever you go. If you lose your job and home to economic disruptions, it is good to know you can still care for your family properly until you can improve your situation. This is something many people do not think about until it is too late.
Most people like to run things out until they have no resources left to take care of their family. They ignore the threat and then must rely on government assistance to provide the things they need. What happens when you lose everything and there is no government assistance available to you? That is a problem that many will have to deal with in the future and when it happens it will be too late to do things differently. The disinformation coming from multiple sources in the government and media are setting people up for disaster and the people will suffer horribly for it for years to come.
If you have the means to buy a small property in a rural area that you can live on in your trailer that would be ideal but many may not have the resources for that so what can you do? If you live in the city and determine you may need to relocate during some type of disaster you need a preplanned destination. Simply driving around in a collapsing environment will likely end in tragedy.
One thing you might want to do is make friends with a farmer in a rural area. In the event you need to relocate, you may be able to park your trailer on his property in trade for helping him around the farm and keeping an eye on things if the situation deteriorates. If you are already friends with him he is more likely to help you when the time comes.
For those that already have a plan, you are ahead of the curve but for others that have not thought about it this should give you something to think about and begin the process of disaster proofing your life when things go wrong in society. Take this basic plan, adjust it to your needs and abilities and make a plan that works for you. It is your responsibility to care for your family no matter what happens. This is not a responsibility you can farm out to government agencies so get busy now.
By: Tom Chatham
As many have pointed out over the past few days, the port shutdown on the west coast will have longterm effects. There has been a slow down at the ports for a few months but now the work has stopped completely. What many do not understand is that the retailers in the U.S. must make their orders months in advance in order to have the product on the shelf when they need it.
Even if the shutdown only lasts a few weeks, it will cause ripples through the distribution system for months. Even if we are still getting goods in the stores now, when the supply system runs out, the shelves will go empty. Even if the goods are put back into the system within a few weeks before the shelves go empty, there will likely be a dead zone where the products have not had time to make it through the system to the stores. That means a temporary disruption of supply on the shelf.
Many in the preparedness community have talked about supply disruptions as one possible danger that can leave society in need of everyday goods. It does not matter if there are shiploads of goods sitting in the port. If it is not on the shelf when needed it might as well be on the moon. When the shelves start to go empty it will not matter if it is just a temporary problem. People will start to panic buy and exacerbate the problem.
One problem is that if this goes on long enough, the seasonal goods that are needed in stores will not arrive in time to be sold when in demand. This delay will carry on for multiple seasons until the distribution system catches up to the supply. It takes time to unload each ship and transport that cargo to its destination. If it carries on long enough, the transport system will not be able to overcome the backlog of goods. You can only transport so much at one time with the available carriers in the system. As the shutdown goes on it could cause more longterm problems if transportation systems go out of business as a result of the shutdown.
In the shipping industry, when the industry slows down owners tend to sell older, marginally productive ships to the ship breakers. This reduces the number of transports over time and when the economy picks back up the ships are not available to use so new ones must be built. This creates a lag in the industry for a few years until the ships can be built. It is a repeating cycle that the shipping industry operates on. Anyone keeping up with the Baltic Dry Index knows it is now at multi-decade lows which is more incentive for owners to sell. This slowdown will likely exacerbate the reduction of shipping available as ships are sold to maintain bottom lines.
This will also put stress on the credit system as goods are not unloaded and sold so retailers can pay for the products. The 30 day credit system that is the mainstay of our economy will breakdown as we know it. It will ripple all the way from the retailer locations to the producers overseas. This is true of the whole distribution system including the transport sectors like trucking companies and railroads. Companies that are marginal will likely go out of business as everything stagnates.
One good aspect of a long shutdown is the fact that many people will then realize how dependent we are on imports and that may spur a call for more local production, but don’t count on it. Americans have a short attention span and once the supplies are back on the shelf they will likely go back to their iphones and sports channels and forget about any problems in the past.
This will likely resolve itself soon but it may be months before we are able to evaluate the damage that is done to a system that is already hanging by a thread. This is just one more reason to be less reliant on the system as it is. A distribution shutdown means lost revenue for companies and lost pay for all those affected by it. In a time when large numbers of Americans are unemployed and the rest are struggling, it does not bode well for the future.
By: Tom Chatham
The winds of war are now blowing around the world. One day we will look back on these days with longing as one would look back on the gentle breezes of summer as the hurricane blows outside.
The winter season of the fourth turning is increasing with intensity as most people are fooled into believing that summer is just a few days off. When the winds become deadly and the snow begins to pile up, many will not be prepared to care for themselves. They will find themselves helpless and unprepared for this new weather system. Many will die and many more will suffer as they are cut off from the supplies and materials they depend on for normal living. They will become immobile and have little communication to tell them what to do. When the weather has them at their most vulnerable, the wolves will begin to show up at their door.
It cannot be over emphasized as to the amount of danger America is facing. We are being systematically cut off and separated from our allies and will eventually stand alone to face the fury of the hurricane that approaches. We are currently being set up to take a fall that some hope will be the end of this nation as we know it. The treason and treachery being perpetrated on this nation is a result of the mutation of the population from ants to grasshoppers. We are about to get exactly what we voted for and most people do not understand what that means.
Our birthright has been sold for a hand full of magic beans that will turn out to be rancid leftovers from someone’s failed business adventures. The wealth this nation has amassed over the decades is rapidly dwindling and will suddenly disappear in its entirety as the nation sleeps one night in the near future. The masses will awake one morning in a strange new land that holds no future for them or their children. They will be dumbstruck as to how they got there. The warnings will have been dismissed as insane talk by delusional people that don’t conform to societies norms.
It will be these few delusional, insane people that will determine the future of the once great nation. They will be the only ones that understand the dangers and are prepared to deal with the deadly winter weather. When the snow piles up they will have supplies and heat. When the wolves appear at the door they will have the weapons to fight them off. When the winds blow away the shelters of society the few will be safe in their structures reinforced to handle the tempest.
Those that deny the coming weather will be laid naked before it and will pay the price. No amount of facts or pleading will change the mind of most of these grasshoppers until it is too late.
There is a storm approaching and measures must be taken before it is too late to prepare. Just as you would prepare for a hurricane, the population must lay in stores of food and supplies to maintain their standard of living for the duration of the destruction. They must make sure they are in a safe location that will not get brown away or inundated with water from the storm surge. They must have the means to provide heat and cook food when the power system goes down. They must be able to protect themselves from any wolves that appear in any form. They must be prepared to rebuild after the storm passes. They must be prepared to weather this storm for 10 to 20 years until it blows itself out.
War is being fomented in the Middle East and in Europe and when it comes the U.S. will be hard pressed to survive it. Our military is being downsized, weapons systems are being reduced and many senior commanders are being fired for dubious reasons at best. The civil population is being systematically impoverished while government operatives tell them the nation is strong and getting stronger. Our manufacturing base has been dismantled and over 17% of our food is imported today. We have bankers that are stealing hard assets with fiat funny money and plan to steal peoples savings with new government regulations and laws. We are on the verge of losing reserve currency status and our banking system as we know it.
We are being inundated by foreigners that seek government entitlements and refuse to assimilate the American culture or language further dividing the civil population into domestic tribes hostile to one another. We have terrorist training camps within our borders and a lack of border control. We have members of the Muslim Brotherhood in the highest levels of our government and leaders that are ignorant at best and treasonous at worst.
In 1996 Thomas Chittum wrote a book called Civil War Two where he describes the breakup of America into ethnic regions. Many of the things he wrote about are evident today in society and spell doom for this nation as it is, even if we were not threatened with world war we would be headed for balkanization. The increasingly dysfunctional nature of this nation as it is will provide its citizens with many difficulties to overcome in the coming years.
War is coming to the world and to America on many levels and it cannot be stopped. The best anyone can do is to prepare and try to stay out of the way of the most serious fighting and bide their time until they can get the upper hand in their locality. The world is about to change in a very radical way and many are not prepared for it either physically or mentally. The forecast has been given and the storm flags are up.
By: Tom Chatham
Richard Russell made an interesting statement recently. He believes wealth trumps income and after thing about it, I have to agree. Many people today do not understand the difference between wealth and income. They think one equates to the other.
When people look at someone else today they immediately try to determine how much they make as a way to determine how wealthy they are. While it is true that the more you make, the easier it is to accumulate wealth, that is not a guaranteed outcome. What you do with your money is more important than how much you make in most cases.
The psychological aspect of income is all most people immediately respond to. A recent study indicates that most women will not even consider dating a man that does not have a steady job. While there are exceptions, this indicates that most women see income as the most important element when it comes to finding a mate. While having a job is one indicator of potential wealth, it is not the only defining one. There are many people today making over $100k per year and find it difficult to survive because they spend more than they make.
On the flip side, how many wealthy old men do you see with beautiful young wives? If you see a well dressed man throwing around hundred dollar bills and getting into a limo, few people ask if he has a job. They only see a wealthy person and respond to that perception. This is getting off the track a bit but is something to think about.
Wealth is a matter of what manages to “stick” to an individual over the course of time. I actually know someone that inherited around 50 million dollars some years ago. Within 10 years it was all gone and he had nothing to show for it. As unbelievable as that sounds, it is a true story.
Someone that makes $10k a year and is careful with their funds can actually have more wealth within a few years than someone making $50k a year and spending freely trying to live like their neighbors. As I have said before, wealth is not the paper assets you have but the physical things you buy with it. This includes knowledge. As Benjamin Franklin once said, “when a man pours his wallet into his head, no one can take it from him”. Knowledge is a form of wealth that you can spend over and over again and never run out.
Getting back to the wealth trumps income statement, it is obvious over time that the amount of money that sticks to you is independent of income and ultimately determines your wealth. This is why wealth is ultimately more important than income on many levels. Your income can be cut off at any time and leave you with nothing but bills you cannot pay but wealth is already in your hands and being used every day in the form of physical goods to maintain your current standard of living.
You don’t need income when you have sufficient real wealth. Real wealth is what allows you to sleep at night no matter how good or bad the economy is. That is something someone with a safe full of gold or a self sufficient homestead knows. Granted, some income is necessary these days if for nothing more than to pay taxes but the need for income is greatly reduced when you have real wealth that provides the things you need to survive from day to day in a nominal state of comfort.
For those that contemplate the future with dread as the economy sinks ever lower, it is important to realize what has the most impact on your economic future. Making sure that much of the income you get will stick will make a larger impact on your standard of living than anything else. You can try to wing it through life as most people do or you can sit down and decide how to leverage the funds you get and amass true wealth to insure you can take care of your family no matter what the economy does in the future. How much you make is not as important as what you do with it.
By: Tom Chatham
On the surface that question may make some examine how much wealth they have but in the context of this article it means, how much are you worth in the job market. It is a foregone conclusion that the more a person knows, the more they are worth when it comes to getting a particular job done.
If you wanted to be a high paid athlete, movie star or brain surgeon you must first prove your skills and worth. You cannot expect to start out at the top in most cases. There are a few exceptions from time to time but for most people you need to prove your worth before the big payday comes. This requires knowledge and training.
Government shills keep telling the people that if only they had more education they would be able to find a good job. This is the sick joke that insiders already know and laugh about. Upon closer examination of the current job market you will find that those businesses willing to hire are with few exceptions, looking for cheap labor not necessarily the most educated. Hence the immigration problems we now have. Why move a factory to another country when you can just bring the slave laborers here.
The job situation in the U.S. will not get any better in the years to come and will likely get even worse. Those with the least value in society will have a hard time getting by. By value I mean abilities. This is what people need to focus on if they want to maintain some semblance of a decent standard of living in the future.
Your value in society in the future will depend on the skills and knowledge you have that society will need to get by. Your ability to convert those skills into real goods and services will determine your worth. You need to forget about working for some large company that sees you as expendable and take your value directly to the end user in society. That is where we are headed and the sooner you acclimate your thinking to this type of economy the better off you will be.
It is easy to teach someone to put rod A into slot B on an assembly line but those that can think and be creative in an ever changing environment will be the most sought after by people that need things. Those that can grow healthy food, build furniture and buildings, make cloth and clothing, work metal, butcher meat, heal wounds, make alternate power systems, fix vehicles and a hundred other jobs that are necessary in local communities, will be the people with true worth to society in the future.
When the economy finally gives its last sigh and rolls over in complete dysfunction, those with actual skills will stand alone among the rubble with the knowledge to function. That is where our economy is headed and the more knowledge and skills you have the more likely you will be to continue earning a living. The current economy built on crony capitalism and fiat money has almost come to its inevitable conclusion. When it ends the people will once again look for real things that they need and those that can provide them will be king.
When that day arrives you will be judged by what you can do and sadly many people will have no real value in society. Many of those people will likely meet with a bad end as a result. You have more control over your future than you may think but only if you take the necessary actions and give yourself some value. You determine how valuable you will be in the future and any failure to instill that value will be entirely on you. So, how much are you worth now?
By: Tom Chatham
For those keeping up with the economic game of bumper cars we are playing, it seems likely that money printing will continue to the point of possible hyperinflation at some point. It is not a foregone conclusion but it seems likely. In that event what is the individual to do?
Some that have seen this possibility have come to realize that holding large amounts of debt before hyperinflation hits would allow them to pay off this debt with basically worthless currency and come out way ahead in the wealth game. That works in theory but how about in reality?
The bankers and politicians control the money supply and are even now cashing in their paper wealth for tangibles that are actually worth something. These people want it all and you can be assured of one thing. They will take the people to the cleaners before they are done with their redistribution of wealth.
Some may find themselves in a position to come ahead during any hyperinflation but they will be few and far between. The majority will not be allowed to come ahead at the bankers expense. The bankers after all created all of this easy credit that everyone uses and the sole purpose is to use it to separate the population from the hard assets that exist.
For those with substantial wealth accumulated, the first priority is to steal that paper wealth from the people. With that wealth gone they will not be able to preserve the hard assets they have that are not fully owned yet. Once that paper wealth is gone the bankers will need to inflate the money supply and force the majority into default on their assets. In a hyperinflation paychecks will not be able to keep up with rising prices and people will slowly fall behind until they lose it all.
For those that continue getting paid every week, the inflating pay will eat away at the debts faster and faster. To avoid losing real money, the bankers may index debts in order to prevent losing the leverage they created from nothing. When you index you basically increase the value of the debt at the same rate as inflation.
For those that say this will not work because they have a contract with the bank fixing the payment I can only say, do you really think these people will let you get over on them. These are the people that own the government and change the rules on a daily basis when it suits their needs. All that needs to happen is the government pass a law allowing the banks to index all debts and it will be a done deal.
I am not saying this will happen, but it could happen so you need to think about that and incorporate it into any plans you make to get through a currency collapse. If your plan is simply to pay off debt with devaluing currency and they index, you will not be in any better position than everyone else.
One way some will come out ahead is by having their excess wealth in precious metals. These assets will increase at or above the rate of inflation and allow the holders to maintain their buying power. The U.S. called in the gold in 1933 and could do it again but it is not likely. The main reason is that in 1933 gold was still part of the money supply and was held by the general population in large amounts. Very few people hold gold today and most of the ones that do are the very people that make the laws and they will not shoot themselves in the foot.
They may place a tax on any precious metals that are sold and use that as a way to control the smaller holders of metals but a house to house confiscation is not likely unless they just happen to target you for some other reason and find some in your possession and decide to take it. Ultimately, any paper currency only has the value that those printing it will give you. Metals can be used worldwide and have universal value. That is what makes metals more appealing than paper.
If currencies are destroyed in the future you can be assured that the perpetrators have a plan in place to prevent the majority from profiting from it on any large scale. Those that create the credit only care about owning everything they can get their hands on. Their greed knows no limits. With ownership of all assets comes complete control of the population. That is the end game for many. For those that see danger on the horizon it only makes sense to look ahead and plan for any contingency that may cost you everything you have.