The Economy - Your Thoughts

[JohnyMac]

We all know here at Unchainedpreppers that the US economy is going to hell in a handbasket. So, how will it affect your neighbors, your family...Heck you?

Lets review...

We see the erosion of the USD thanks to the hidden tax called inflation. We see it bearing down on us like a runaway train but, what does it mean for you?

With the GDP to debt in the US over 130%, the Fed cannot really bump up short-term interest rates as it would cause a rise in the interest paid out to our bond holders, By the way, our debt is north of $28T. OUCH! So how will inflation be controlled?

I wonder what Uncle Joe/The Fed will do if interest rates are bumped up and we have a hard time paying those additional fees? Maybe give to our debtors the National Forests in exchange for monies owed. Heck, China is in position to march in from Canada and Mexico.

Rather than opine on the US economy circling the bowel lets help each other out discussing how it will affect all of us. Will it be...

Unemployment?
The U$D not being recognized as the world currency?
The Great Reset pushed forward to "save us all"?
War?
Other?

Share it here. Thanks!

[Jackalope]

   How about all of the above?  For the end result, read James Rawles novel Patriots.  I repeat myself, but the American civilization failure will be a serious of crises that are interdependent.  Hard currency, i.e., gold and silver will be one way to trade, but actual physical items will ultimately be the primary means of exchange.  How many .22LR rounds will buy me a rabbit?  What can I get for this book on farming?

   The entire world is primed for explosive change.  The U.S. and France are literally on the verge of civil war.  China has its own problems which are kept in the shadows due to an obedient government controlled media.  If the U.S. goes, the entire world will be effected, both economically and socially.  I don't see how the world can avoid another global conflict, it's coming like a freight train.  We're looking at national bankruptcy, both monetarily and morally.  You know what Hemingway said about how you go bankrupt, "Two ways. Gradually, then suddenly.”   The U.S. is in the gradual stage right now...

[grizz]

The govts of the world want this and need this to happen. The citizens of the US are the only armed threat that will slow them down and even then not everyone will fight because they do not see the threat as bad as it actually is

[JohnyMac]

Remember Grizz, food ala hunger is a motivator. Trade guns for food. 

[grizz]

Remember Grizz, food als hunger is a motivator. Trade guns for food. 

I trade lead for food 

[DMCakhunter]

Good comments from everyone.
Over the past year, most of us have had some inconveniences, from covid, economics, government intrusions. Now people are facing real shortages of things we took for granted. Time will tell how severe this will get but it does seem to be engineered. Governments always use crises to control their people, even when they are at fault. The coming financial depression is a case in point. It has to happen. And when it does, expect conflict to follow, either for resources or to take a populations mind off of their misery.
Best we can hope for is to reduce our individual debt, accumulate the assets you need to provide for you and family as well as items or skills that could be of value in the future. Our location will make a huge difference, proximity to large population centers will complicate things, where a more rural area offers more opportunity. Food, energy and family security will be key. Knowing your surroundings as well. Being able to think outside the box will help.

[JohnyMac]

Yes DM, all good well thought out comments. A question and a story.

We as Americans tend to be myopic and short sighted, focusing only on our country. How is Canada, UK, EU, Russia, China, etc doing financially? Are they experiencing similar shortages and inflation? I do not know; however, I suspect they are. An economic friend sent me an email asking the same thing when looking at the EU. She ended her email with this thought, "We are the prettiest horse in the glue factory!"

MrsMac and I were on our way home from buying chicken feed from the local Agway. As a side note, the feed was up $3.00 from March. Sorry, I digress...

Anyway, there was an older Kuboda tractor on one of our back roads in front of us. The driver pulled over to let us pass and it was a friend driving the tractor and hay rake, who lived about a mile away. I of course stopped to say hi.

After asking each other how we we're faring, MrsMac asked him if his new house he had built at the end of 2020 was doing.

He spat out a stream of tobacco juice and said, "It still isn't done. I can't find wood flooring at any price, and my kitchen is still cabinet-less." He went on to explain that his appliances took 3-months after he ordered them to show up.

I shared with him that $50,000 worth of lumber in 2019 would build 14-houses - Today, just over 2. He shook his head and told us that his builder told him the other day, that his new modest 1,300-sf house, would have cost $40K more today.

We said our good-byes and I continued down the dirt road in a cloud of dust. MrsMac commented that, it was a shame what was happening to our friend. I explained to her, "not only him hun, but many, many others. 

[patriotman]

Around here, the biggest thing I am noticing is the increase in wages and/or the hiring bonuses for workers. Everyone is still living on unemployment, including people close to me.

A buddy that goes to my gym was looking at $400,000 houses (in that area) and was bidding $50,000 OVER and was losing house after house due to being outbid.

We are noticing the inflation on our end in every day items. One nice thing about our location is the proximity to big stores like BJs and CostCo where the prices seem to be going up slower.

[JohnyMac]

The question I posed to all was, Rather than opine on the US economy circling the toilet bowl, let's help each other out by discussing how it will affect all of us.... In a nutshell, war is how we stop the US from going into the septic system.

War solves a lot of things. Things like economic, patriotic, employment, inflation, etc. and helps in the end to bring us all to The Great Reset willingly. Or as I like to call it, Modern Fascism.

As I outlined in The Holy Trinity Of Fascism - Big Business/Oligarchs, Government, & Unions.

Now we see how the Deagel Forecast Has USA Population Down By 70% In 2025. An EMP or actual land based nuclear explosion would reduce the US population between 50 to 70%.

Using the fictional book by William Forstchen titled, One Second After or David Crawford's novel, Lights Out, we learn that north of 80% of the US population was lost to the EMP within one year.

So, the politicians will play the "War Card" to pull our butt out of the ringer.

Thoughts?

[grizz]

The question I posed to all was, Rather than opine on the US economy circling the toilet bowl, let's help each other out by discussing how it will affect all of us.... In a nutshell, war is how we stop the US from going into the septic system.

War solves a lot of things. Things like economic, patriotic, employment, inflation, etc. and helps in the end to bring us all to The Great Reset willingly. Or as like to call it, Modern Fascism.

As I outlined in The Holy Trinity Of Fascism - Big Business/Oligarchs, Government, & Unions.

Now we see how the Deagel Forecast Has USA Population Down By 70% In 2025. An EMP or actual land based nuclear explosion would reduce the US population between 50 to 70%.

Using the fictional book by William Forstchen titled, One Second After or David Crawford's novel, Lights Out, we learn that north of 80% of the US population was lost to the EMP within one year.

So, the politicians will play the "War Card" to pull our butt out of the ringer.

Thoughts?

Reducing the US population by 50%-70% is as easy as hitting a few big coastal cities which means it wouldnt take a lot of effort

[Felix]

Food, fuel, security.
Food, what you can grow or catch or shoot
Fuel, what you can dig our of the ground or cut with a saw, axe
Security, abilities to protect family and resources against all threats and adversities.

"Preppers" get it.   They are not paranoid, they simply know a little history and keep up with what is happening now in real time.
"Deniers" get it too.   But at a level that leaves them emotionally ill-equipped to help themselves (or anyone else for that mater)
  Name the bad man and he is summoned.   Preparing for a disaster will make it more likely to happen.   Emotional superstition.

Yep, all of the above problems, connected and gaining the speed and force of an avalanche at some point in the not-too-distant future.
From an "old guy's" perspective, this a real bitch where timing is concerned.   Hardships are better met with strength and stamina, which as we all learn, decreases with age..  In lieu of those sterling qualities?  Experience.   Judgement.  Advance preparedness. 
Self-sufficiency and independence are a Prepper's North Star.   And so, if it be financial collapse, runaway inflation, war, plague, grid down... whatever... there are those willing to face the future head on versus those who avoid even thinking about the issues and ride away dreamily on their unicorns in fields of clover.    Choices made, choices acted on.

Nobody is coming to save you.
EVERYTHING is your responsibility.
Save who needs saving.
Kill who needs killing.
ALWAYS be working at something.

We are going to be alright.   Both physically and spiritually.  Or at the very least, better _prepared_.   And that's as good as it gets.   Which is plenty good enough for me.  Enjoy the day!

[grizz]

Food, fuel, security.
Food, what you can grow or catch or shoot
Fuel, what you can dig our of the ground or cut with a saw, axe
Security, abilities to protect family and resources against all threats and adversities.

"Preppers" get it.   They are not paranoid, they simply know a little history and keep up with what is happening now in real time.
"Deniers" get it too.   But at a level that leaves them emotionally ill-equipped to help themselves (or anyone else for that mater)
  Name the bad man and he is summoned.   Preparing for a disaster will make it more likely to happen.   Emotional superstition.

Yep, all of the above problems, connected and gaining the speed and force of an avalanche at some point in the not-too-distant future.
From an "old guy's" perspective, this a real bitch where timing is concerned.   Hardships are better met with strength and stamina, which as we all learn, decreases with age..  In lieu of those sterling qualities?  Experience.   Judgement.  Advance preparedness. 
Self-sufficiency and independence are a Prepper's North Star.   And so, if it be financial collapse, runaway inflation, war, plague, grid down... whatever... there are those willing to face the future head on versus those who avoid even thinking about the issues and ride away dreamily on their unicorns in fields of clover.    Choices made, choices acted on.

Nobody is coming to save you.
EVERYTHING is your responsibility.
Save who needs saving.
Kill who needs killing.
ALWAYS be working at something.

We are going to be alright.   Both physically and spiritually.  Or at the very least, better _prepared_.   And that's as good as it gets.   Which is plenty good enough for me.  Enjoy the day!

 

[JohnyMac]

Amen Felix. 

Remember, y' all only live once. Take as many with you as you can.  

[grizz]

Amen Felix. 

Remember, y' all only live once. Take as many with you as you can.  

correction

you only die once, you get to live every day if you choose to

[JohnyMac]

Thank you Grizz.