Day: July 6, 2009

The Nascent Depression: Be Ready to Barter and Adopt the Rhodesian View

I receive several e-mails each day from readers asking whether the currently-unfolding economic depression will be inflationary or deflationary, whether it will last long, and whether or not the US Dollar will be supplanted by a new currency. My answer is simple: “All of the above.” Back in early 2008, I warned that a depression with simultaneous inflation and deflation was possible. As I’ve mentioned several times in my blog, here in the US we are likely to see a continuation of the current gradual deflation followed by a period of mass currency inflation. Plan accordingly. Try to start looking …


Two Letters Re: Prefabricated Garden Sheds as Instant Shelters and Storage Spaces for Retreats

JWR: Just a comment on the bit about the sheds for bug-out retreats. I have designed plans for a number of such shed sizes, as well as living quarters for larger barns. A couple things to mention, one, is that if you do a sloped shed roof on your shed instead of a peaked roof…from the air, it looks like a loafing shed for your critters, this is in case it is in a more rural farm like area, instead of timber country. Another thing, the window problem: On our barn (which we are building living quarters in right now) …



Economics and Investing:

Sterling Crisis Looms as UK Unraveling Points to Budget Cuts (Thanks to Heidi for the link.) Tom G. flagged this: Unwinding at AIG Prompts Pasciucco to Ponder System Failure Frank S. mentioned this grand understatement: Biden: ‘We Misread How Bad the Economy Was’ Items from The Economatrix: Another Wave of Foreclosures is Poised to Strike [That is hardly a news flash for SurvivalBlog readers!] Obama Expands Housing Rescue: Six Things to Know Joel Skousen: Cap and Trade Bad For a Sick Economy US Stocks Slide in Dow’s Worst Drop Since April on Jobs Data With Economy Down, Cities Growing (Rather …


Odds ‘n Sods:

The latest extended-length trailer for Roland Emmerich’s new 2012 movie looks more than a bit over the top. Yes, it is another popcorn-munching special effects-laden blockbuster. But that is not surprising, since Emmerich is the man that produced The Day After Tomorrow.    o o o Reader GG mentioned some recent commentary on “the big picture”, via the Dilbert syndicated cartoon strip.    o o o Also from GG: Tent revival; More families than ever are camping for vacation at state and national parks    o o o Jon in Iraq sent us an article datelined Madison, Wisconsin: Too many …


Jim’s Quote of the Day:

“Thus the men of democratic times require to be free in order to procure more readily those physical enjoyments for which they are always longing. It sometimes happens, however, that the excessive taste they conceive for these same enjoyments makes them surrender to the first master who appears. The passion for worldly welfare then defeats itself and, without their perceiving it, throws the object of their desires to a greater distance. There is, indeed, a most dangerous passage in the history of a democratic people. When the taste for physical gratifications among them has grown more rapidly than their education …