I hope you have your provisions
March 30th, 2009It looks like the Dow may have had a dead cat bounce. I hope you all have 3 months provisions. We may be in for a long one.
I’m probably going to lose most of my readers by saying this, but I’d rather deal with reality than lie and say everything’s going to be peachy. Hyperinflation may come sooner than we realize. We may have a real crash this time.
How can it get worse?
Believe this if you must. It’s got about as much truth as “AIG or Citibank are too big to fail.” Yeah, we heard that one a year ago. How well did that hold up?
We have yet to see the commercial real estate crash. When that happens, expect chaos.
Sorry Obama fans, but I have to tell you the truth about Barack Obama. He’s in over his head. He should have never been elected President and I guarantee you he’s wishing he lost.
What if I’m wrong?
Can I be wrong? Sure. I’ve been saying to have 3 months provisions of water and food, buy handguns and at least one reliable long gun. If I’m wrong, splendid. Do you think I want hyperinflation? Of course not. I want to be wrong. But wishing for something to happen doesn’t make things happen, especially when they’re completely out of your control.
If I’m wrong, you got 3 months provisions. Enjoy them. Incorporate that extra food into your meals. Drink the water. It’s good for you anyways. And your guns and ammo would have kept their value. They’re the same as investing in gold, silver, or land; things that are REAL.
We have spent so much that our lenders are starting to shit in their pants. China thinks Obama’s an idiot. Don’t worry, Obama fans. They thought the same thing about Bush. Yes, they were right about Bush. And yes, they’re right about Obama.
This spending isn’t going to work. At worst, we get hyperinflation and you will deal with violent crime face to face. I hope you’re prepared for it.
At best, the economy picks up, the Dow goes back up, and your kids will hate you for leaving them with trillions in debt. Yes, those of you who wanted this bailout and this stimulus have officially made your children slaves to banks. Don’t say I didn’t warn you. And as far as I’m concerned, if they stick you in a shitty retirement home, you deserve it. Heck, I deserve it for not fighting it enough, because I knew the consequences.
What’s going to happen?
I don’t have the answer for this. When a society collapses, from history, a lot can happen. It can rebuild itself, but that stage is almost always very, very ugly. My biggest fear is an authoritarian state where somebody gets scapegoated for this. That scapegoat can be anyone - a racial group, a religious group, an ethnicity, people with glasses, people who went to college, people who didn’t go to college, Jews, Muslims, Atheists, anyone. Just remember, from history, the closer we get to collapse, the louder the scapegoating will get.




