maandag 6 september 2010

The Neoliberal Religion 9

10 Practical Steps That You Can Take To Insulate Yourself (At Least
Somewhat) From The Coming Economic Collapse

http://theeconomiccollapseblog.com/archives/10-practical-steps-that-you-can-take-to-insulate-yourself-at-least-somewhat-from-the-coming-economic-collapse

Most Americans are still operating under the delusion that this "recession"
will end and that the "good times" will return soon, but a growing minority
of Americans are starting to realize that things are fundamentally changing
and that they better start preparing for what is ahead. These "preppers"
come from all over the political spectrum and from every age group.  More
than at any other time in modern history, the American people lack faith in
the U.S. economic system.  In dozens of previous columns, I have detailed
the horrific economic problems that we are now facing in excruciating
detail.  Many readers have started to complain that all I do is "scare"
people and that I don't provide any practical solutions.  Well, not
everyone can move to Montana and start a llama farm, but hopefully this
article will give people some practical steps that they can take to
insulate themselves (at least to an extent) from the coming economic
collapse.

But before I get into what people need to do, let's take a minute to
understand just how bad things are getting out there.  The economic numbers
in the headlines go up and down and it can all be very confusing to most
Americans.

However, there are two long-term trends that are very clear and that anyone
can understand....

#1) The United States is getting poorer and is bleeding jobs every single
month.

#2) The United States is getting into more debt every single month.

When you mention the trade deficit, most Americans roll their eyes and stop
listening.  But that is a huge mistake, because the trade deficit is
absolutely central to our problems.

Every single month, Americans buy far, far more from the rest of the world
than they buy from us.  Every single month tens of billions of dollars more
goes out of the country than comes into it.

That means that every single month the United States is getting poorer.

The excess goods and services that we buy from the rest of the world get
"consumed" and the rest of the world ends up with more money than when they
started.

Each year, hundreds of billions of dollars leave the United States and
don't return.  The transfer of wealth that this represents is astounding.

But not only are we bleeding wealth, we are also bleeding jobs every single
month.

The millions of jobs that the U.S. economy is losing to China, India and
dozens of third world nations are not going to come back.  Middle class
Americans have been placed in direct competition for jobs with workers on
the other side of the world who are more than happy to work for little more
than slave labor wages.  Until this changes the U.S. economy is going to
continue to hemorrhage jobs.

The U.S. government has helped to mask much of this economic bleeding by
unprecedented amounts of government spending and debt, but now the U.S.
national debt exceeds 13 trillion dollars and is getting worse every single
month.  Not only that, but state and local governments all over America are
getting into ridiculous amounts of debt.

So, what we have got is a country that gets poorer every single month and
loses jobs to other countries every single month and that has accumulated
the biggest mountain of debt in the history of the world which also gets
worse every single month.

Needless to say, this cannot last indefinitely.  Eventually the whole thing
is just going to collapse like a house of cards.

So what can we each individually do to somewhat insulate ourselves from the
economic problems that are coming?....

1 - Get Out Of Debt: The old saying, "the borrower is the servant of the
lender", is so incredibly true.  The key to insulating yourself from an
economic meltdown is to become as independent as possible, and as long as
you are in debt, you simply are not independent.  You don't want a horde of
creditors chasing after you when things really start to get bad out there.

2 - Find New Sources Of Income: In 2010, there simply is not such a thing
as job security.  If you are dependent on a job ("just over broke") for
100% of your income, you are in a very bad position.  There are thousands
of different ways to make extra money.  What you don't want to do is to
have all of your eggs in one basket.  One day when the economy melts down
and you are out of a job are you going to be destitute or are you going to
be okay?

3 - Reduce Your Expenses: Many Americans have left the rat race and have
found ways to live on half or even on a quarter of what they were making
previously.  It is possible - if you are willing to reduce your expenses.
In the future times are going to be tougher, so learn to start living with
less today.

4 - Learn To Grow Your Own Food: Today the vast majority of Americans are
completely dependent on being able to run down to the supermarket or to the
local Wal-Mart to buy food.  But what happens when the U.S. dollar declines
dramatically in value and it costs ten bucks to buy a loaf of bread?  If
you learn to grow your own food (even if is just a small garden) you will
be insulating yourself against rising food prices.

5 - Make Sure You Have A Reliable Water Supply: Water shortages are popping
up all over the globe.  Water is quickly becoming one of the "hottest"
commodities out there.  Even in the United States, water shortages have
been making headline news recently.  As we move into the future, it will be
imperative for you and your family to have a reliable source of water.
Some Americans have learned to collect rainwater and many others are using
advanced technology such as atmospheric water generators to provide water
for their families.  But whatever you do, make sure that you are not caught
without a decent source of water in the years ahead.

6 - Buy Land: This is a tough one, because prices are still quite high.
However, as we have written previously, home prices are going to be
declining over the coming months, and eventually there are going to be some
really great deals out there.  The truth is that you don't want to wait too
long either, because once Helicopter Ben Bernanke's inflationary policies
totally tank the value of the U.S. dollar, the price of everything
(including land) is going to go sky high.  If you are able to buy land when
prices are low, that is going to insulate you a great deal from the rising
housing costs that will occur when the U.S dollar does totally go into the
tank.

7 - Get Off The Grid: An increasing number of Americans are going "off the
grid".  Essentially what that means is that they are attempting to operate
independently of the utility companies.  In particular, going "off the
grid" will enable you to insulate yourself from the rapidly rising energy
prices that we are going to see in the future.  If you are able to produce
energy for your own home, you won't be freaking out like your neighbors are
when electricity prices triple someday.

8 - Store Non-Perishable Supplies: Non-perishable supplies are one
investment that is sure to go up in value.  Not that you would resell them.
You store up non-perishable supplies because you are going to need them
someday.  So why not stock up on the things that you are going to need now
before they double or triple in price in the future?  Your money is not
ever going to stretch any farther than it does right now.

9 - Develop Stronger Relationships: Americans have become very insular
creatures.  We act like we don't need anyone or anything.  But the truth is
that as the economy melts down we are going to need each other.  It is
those that are developing strong relationships with family and friends
right now that will be able to depend on them when times get hard.

10 - Get Educated And Stay Flexible: When times are stable, it is not that
important to be informed because things pretty much stay the same.
However, when things are rapidly changing it is imperative to get educated
and to stay informed so that you will know what to do.  The times ahead are
going to require us all to be very flexible, and it is those who are
willing to adapt that will do the best when things get tough.

Geen opmerkingen:

Peter Flik en Chuck Berry-Promised Land

mijn unieke collega Peter Flik, die de vrijzinnig protestantse radio omroep de VPRO maakte is niet meer. ik koester duizenden herinneringen ...