Tag Archives: Strategies

The First Step to “Freedom Insurance”, by Nick Giambruno

Posted on July 5, 2022 | Leave a comment

You can probably guess the first step; that middle finger you can give the world. From Nick Giambruno at internationalman.com:

A government in need of cash will turn to destructive “solutions.”

Money printing, higher taxes, and more regulations often come first. But, unfortunately, these are just the hors d’oeuvres before a 10-course meal.

As they become increasingly desperate, governments implement increasingly destructive policies. This might include capital controls, price controls, people controls, bank holidays, currency devaluations, wealth confiscations, retirement account nationalizations, harassing domestic political opponents, and much more.

The same pattern has played out again and again around the world and throughout history. The worse a government’s fiscal health gets, the more destructive its policies become.

This is the root of political risk—the risk to your personal and financial wellbeing from your government.

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Posted in Civil Liberties, Collapse, Crime, Economics, Governments, Money, Tyranny

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Spending it Forward? By Eric Peters

Posted on June 28, 2022 | Leave a comment

A strong argument can be made that it’s a good time to convert fiat debt instruments into actual, tangible things. From Eric Peters at ericpetersautos.com:

It’s hot outside, but I am splitting and stacking firewood – in anticipation of when it gets cold, not too many months from now. More precisely, I am stockpiling wood as a fallback – in the event the power goes out this fall. A not-unlikely event, given the “electrification” of everything. Also as an alternative, in the event the cost of propane rises beyond the constantly diminishing purchasing power of the currency we’re all forced to us to buy such things with.

But it is also a hedge.

The wood being more than just a source of heat – both to keep us warm and (should it become necessary) a way to heat food and even water, so as to  keep us clean. It is also a way to store the value of currency before it dissipates further.

Much better than a bank. Or rather, it is the best kind of bank there is.

The wood is a tangible asset, directly under my control. It can be withdrawn at any time and without even having to show ID. I can withdraw as much of it as I like, whenever I like, without having to worry about the transaction causing unwanted scrutiny. And – most of all – it will still be in my “account” come winter, even if the banks decide to lock my accounts with them, over something I wrote or said.

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Posted in Collapse, Debt, Economics, Economy

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Covid-19 Derangement Syndrome: A World Gone Mad, by Percy Carlton

Posted on March 31, 2020 | 4 comments

A well-reasoned article on the coronavirus outbreak, from Percy Carlton at thesaker.is:

Covid-19 Derangement Syndrome: A World Gone Mad

The whole world has gone mad with what I call Covid-19 Derangement Syndrome (CDS). I define it as an acute onset of paranoia in otherwise normal people in response to the Covid-19 Corona Virus pandemic. The infection is particularly prevalent among the media and the government officials of the world. Human beings fear what they do not understand and that fear causes them to behave in irrational and destructive ways. The current Covid-19 pandemic is a perfect example of that. I don’t need to describe the paranoia and economic destruction to you because you can see it with your own two eyes everywhere you look. Both the media and the world’s governments are fueling the panic – the media with their hysterical 24/7 coverage and the governments with their draconian police state actions.

I feel like the man in the following cartoon.

[SEE ORIGINAL FOR CARTOON]

I am doomed to helplessly stand by and watch the entire world commit economic suicide for no good reason. At first glance this may seem like a shocking and callous statement but do not mistake this as support for the view that the government should stand back and let the private sector take care of the problem. I have no problem with a strong authoritarian central government response as long as it is reasonable and wise. The current government response is neither.

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Posted in Business, Economy, Governments, Medicine, Politics, Science, Uncategorized

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