I wanted touch on some of the themes Charlie discussed in Charlie’s Plan B. At this point in time it should be obvious to even the most skeptical reader that a complete meltdown of the world as we know it is far past the point of no return. Protesters are flooding major cities world wide and more than occasionally these protests are turning violent (usually it’s the police brutalizing the protesters though). The end of the Euro and multiple sovereign defaults are discussed openly in the mainstream media. More wars seem to be on the verge of erupting, in the Middle East, Europe, and Africa. Most of these things are events that the average Westerner would have dismissed as impossible just a year or two ago. Financial chaos in most of the developed world is looming, along with the accompanying totalitarianism of leaders desperate to maintain power. Who are the retards that still think everything is going to be fine and what planet were they born on?
The end is growing nearer and you are running out of time to cover your ass. Now is the time to be amassing gold, silver and other real hard assets that will have some value with or without stable currency. It’s also time to get out there and start scouting out a number of potential Plan B hideaways. Nobody can forsee where the safe havens will be with absolute certainty so you better have a few options on the table that you can live with. It’s time to get your bug out bag ready (see Emergency by Neil Strauss if you don’t know what a bug out bag is).
While generally Charlie and I frown upon unnecessary debt, the time is growing near when it may make a lot of sense to incur as much debt as you possibly can, first in Euros and then Dollars – especially if you can get it at a fixed interest rate. The serious downward spiral in the value of these two currencies has yet to begin, despite what has happened to date. You will be able to pay off those loans with much cheaper Dollars and Euros down the road. But don’t do some stupid shit like go buy a new car, or a bedroom set or more flat screen TVs and video games. Save that shit and invest wisely in something that will move inversely from these two doomed currencies. Later you can buy all the toys you want. At the height of the panic all non-necessities will be available at fire sale prices. Be patient! Don’t be a premature ejaculator with your personal finances.
Do you have shit that you don’t really need? Sell it. You can buy it back later for less. Now is the time to live frugally, in most cases rent real estate don’t own it. Stock pile your precious metals and keep some cash on hand for bargain hunting. Find 5 or 10 cheap beautiful places that can be your paradise and your bunker for a few years while all this shit blows over. It’s going to get real ugly just when you least expect it. Be prepared.