Month: February 2008

The Credit Collapse–The World’s Bankers Revert to Saying “No”

A recent news article titled Dresdner Rescues $19 Billion SIV, Follows Citigroup illustrates the severity of the global liquidity collapse. Note that the article mentions that the K2 SIV had no “direct exposure” to securities backed by subprime or midprime debt. But yet the fund failed dramatically. This adds credence to my assertion that the world’s entire credit market is essentially broken, and that despite frantic attempts by the central banks to inject liquidity (BTW, another $25 billion was just injected the Fed on Thursday), most of the major financial institutions are starting to crumble. In the very near future, …


Two Letters Re: Thoughts on Overseas Retreat Destinations

Mr. Rawles, In looking through your great web site I can’t tell if you’ve ever addressed the issue of having a non-US retreat. There are some notable characteristics of the USA that make it a less then optimal location in a TEOTWAWKI type scenario. I think specifically of very heavy reliance on personal vehicles and fossil fuels, a general ignorance about growing food, preserving food, raising livestock. There is a tremendous demographic heterogeneity (“diversity”) that in a crisis situation would become a very sore spot and possibly a source of violence. Also a Federal government that has shown an inclination …


Odds ‘n Sods:

Eric found this: Fed Issues Gloomy Economic Forecast. The article begins: “The Federal Reserve on Wednesday lowered its projection for economic growth this year, citing damage from the double blows of a housing slump and credit crunch. It said it also expects higher unemployment and inflation. “    o o o RBS sent us this from a Tampa, Florida newspaper: In home foreclosure, if it’s not nailed down …    o o o I couldn’t help but notice the New York market’s closing spot prices for platinum ($2,169 per ounce), gold ($944.60 per ounce) and silver ($18 per ounce). This …


Jim’s Quote of the Day:

"Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my …


The “Come as You Are” Collapse–Have the Right Tools and Skills

In the Second World War, the United States had nearly two full years to ramp up military training and production before decisively confronting the Axis powers. In the late 1970s, looking at the recent experience of the 1973 Arab-Israeli War, the Pentagon’s strategic planners came to the realization that the next major war that the US military would wage would not be like the Second World War. There would not be the luxury of time to train and equip. They realized that we would have to fight with only what we had available on Day One. They dubbed this the …


Two Letters Re: My Preparedness Plans Just Took an Unexpected Turn

James, I found a vendor that sells gluten-free flours in #10 cans for long term storage. See this PDF. Look bottom of page 3 and top of 4. (Also flour in bags that are not packed for long term storage.) This company make a lot of the baking mixes that are repacked and sold under a different label by the long term storage food companies. So prices are good, but you will pay shipping. (I have no affiliation, but did buy from them and have been happy with the products.) God Bless! – Lyn H.   Dear Jim, This is …


The Home Chicken Flock for Self-Reliance, by Keith in Minnesota

The little details in being prepared for self reliance are often the most important ones. Often people think, chickens would be a good thing to have in a survival situation, after all they produce free eggs, right? Unfortunately they are not free, they cost feed. How can you pay less? Breed survival chickens. Store and feed mill bought chickens are typically ridiculously inbred, and solely dependent on you providing them food. I got started raising survival chickens for meat and eggs about five years ago. My goal was to end up with a breed of chickens that were both adept …


Odds ‘n Sods:

Alphie sent us this link: More people are tapping their 401(k) for cash. JWR’s comment: Notice in the photograph accompanying this article what the man’s elbow is resting on. That picture tells a thousand words.    o o o Bob G. mentioned a news feed on Asian Avian flu. He said that it is updated once every 15 minutes.    o o o I heard that the organizers of the Appleseed Project have 13 simultaneous rifle training events (one for each of the original 13 colonies) planned for April 19th. They are hoping to get 1,000 shooters on the line …



Note from JWR:

Today we present another article for Round 15 of the SurvivalBlog non-fiction writing contest. The writer of the best non-fiction article will win a valuable four day “gray” transferable Front Sight course certificate. (Worth up to $2,000!) Second prize is a copy of my “Rawles Gets You Ready” preparedness course, generously donated by Jake Stafford of Arbogast Publishing. Round 15 ends on March 31st, so get busy writing and e-mail us your entries. Remember that articles that relate practical “how to” skills for survival will have an advantage in the judging.


Sanitation During a Grid Down Collapse, by Nina in Washington

Sanitation may be an area that is neglected in our preparations for during difficult times. Not because people don’t care, but because we take so much of it for granted we aren’t aware of its importance. There are several areas in the sanitation arena that need to be considered when preparing; 1. Food 2. Daily Living 3.Waste Disposal 4. Medical 5. Deaths The most obvious area to consider is that of our food preparations. We are all aware of the importance of washing our hands and not cross contaminating foods like meats and vegetables. All counters where foods may be …


Letter Re: Your Bug Out Vehicle as Your Daily Driver

I take a different approach to choosing a Bug Out Vehicle (BOV). I recognize many who read this site can afford a well equipped vehicle for your BOV, but not all are in that position. Let me offer a few suggestions for a different slant on the need to get out of Dodge. Here is a description of my daily work/family car. This is a 1999 Plymouth Voyager Minivan, in the longer wheelbase version. This has a 3.3L V-6, and gets about 18 MPG around town and approximately 22-23 MPG on the highway, depending on traffic. This is rated for …


Odds ‘n Sods:

More than a dozen SurvivalBlog readers suggested this important article: America’s economy risks the mother of all meltdowns    o o o Northern Rock Bank to be Temporarily Nationalized. Speaking of banks, Eric and Krys both sent us this: Banks “quietly” borrow $50 billion from Fed    o o o Eric suggested this New York Times piece: Wall Street Banks Confront a String of Write-Downs    o o o Also from Eric comes this Associated Press article: Foreclosed Homes Occupied by Homeless


Jim’s Quote of the Day:

“Historically, legal tender laws have been used by governments to force their citizens to accept debased and devalued currency. Gresham’s Law describes this phenomenon, which can be summed up in one phrase: bad money drives out good money. An emperor, a king, or a dictator might mint coins with half an ounce of gold and force merchants, under pain of death, to accept them as though they contained one ounce of gold. Each ounce of the king’s gold could now be minted into two coins instead of one, so the king now had twice as much “money” to spend on …


Note from JWR:

The high bid in the current SurvivalBlog Benefit Auction lot is now at $60. The auction is for three items: a 120 VAC/12 VDC BedFan Personal Cooling System (a $99 retail value), kindly donated by the manufacturer, a Thieves Oil Start Living Kit (a $161 retail value) donated by Ready Made Resources, and a copy of the latest edition of “The Encyclopedia of Country Living” by the late Carla Emery (a $32 retail value). The auction ends on March 15th. Please e-mail us your bids, in $10 increments.