A number of folks have asked me how I think that things might unravel when we hit the economic wall. Honestly, the question about how things will go down is the million dollar question. The short answer is that nobody knows, but we do know it won’t be good. And if anyone tells you they… Continue Reading
How to prepare your family to survive and thrive in todays uncertain world
Category Archives: Economy
Will The Debt Bomb Be The Big Trigger?
Yesterday we talked about the players and the reason why the math dictates massive economic impact. I alluded to a potential major triggering event … the debt bomb. Let’s discuss it today. Background We all understand debt. First, we spend more money than we have. In order for people to loan us that money, we… Continue Reading
Why Running Off The Economic Cliff is Inevitable
Today, a bit of a heavy topic. Economics! There’s quite a few people out there that are all worried about the fiscal cliff or whatever they’re calling the latest debt limit charade. I don’t really want to talk about it. In the end, they’ll raise the limit, just like they always do. Both sides will… Continue Reading
Potential Ramifications of War in the Middle East
Unless you live under a rock, you know that there’s a war brewing in the Middle East. Rockets are going back and forth, people are dying, and reports are that troops are moving for borders. I read somewhere last night that Egypt is looking like it might get involved too. All in all, not… Continue Reading
Let the Printing Presses Roll!
Well, apparently yesterday I was feeling a little sage like, because today good ‘ol Ben told everyone that QE3 was officially starting. Our dear friend plans to buy $40 Billion worth of securities a month until they decide that conditions have improved, which is basically a blank check. But not treasuries, they’re buying mortgage backed securities in… Continue Reading
Precious Metals and Stocks Diverge – What Does It Mean?
Today was pretty chaotic for reasons that will become clear later this week. Suffice it to say that I was pretty busy all day. But not busy enough to miss a rather interesting move in the metals markets. For several months silver has been trading in the same range, generally between $27 and $29. On… Continue Reading
The Crazy Train Rolls On
Well, as I sit down tonight to write the news is talking all bout how Romney is moving forward thanks to wins in the Michigan and Arizona primaries. At this point, unless something crazy happens, he’ll be the nominee going up against Obama this fall. Sorry, Ron Paul guys … aint happening this year. But… Continue Reading
Three Things You Must Consider For Your Preps
We all know that the economic climate around the world is pretty awful. The job situation still sucks, stock markets world wide are collapsing, and the outlook isn’t getting better. In fact, it’s getting worse. Right now it looks like we may be on the edge of another major credit crunch. Financial companies are dropping… Continue Reading
The Inevitable Debt Bomb
Full disclosure time. I’ve been in a pretty big funk lately. There’s a number of reasons, and probably quite a few that I don’t know about. All in all, I haven’t felt the writing muse for a while. It’s tough to write about preparedness related stuff while keeping a positive tilt on things, and lately… Continue Reading
The Entitlement Trap Closes
(Warning: A bit of language slipped into this one … I got a little excited. I left it in because it’s how I genuinely feel, but if you don’t like a few choice words, you may want to skip a few parts…) Despite the focus of most of the world and the press being solidly… Continue Reading
