Day: August 31, 2024

Preparedness Notes for Saturday — August 31, 2024

On August 31, 1889, the Second International Electrical Congress adoped the Joule as a unit of energy (after James Prescott Joule), the Watt as a unit of power (after James Watt) and the Quadrant as a unit of electrical inductance. (The Quadrant was later renamed the Henry.)  Pictured is Scottish engineer, chemist, and inventor James Watt. — On August 31, 1745 in the Jacobite Rising: Bonnie Prince Charlie reached Blair Castle, Scotland. — August 31, 1422, Henry VI became King of England at the age of 9 months. — August 31st, 1992 is the day that Randy Weaver surrendered to …


Carry Trade Trap: Why The Fed Has Waited So Long To Cut Rates, by Brandon Smith

Editor’s Introductory Note: This article was written by Alt-Market.us Editor Brandon Smith and originally published by the Birch Gold Group. It is reposted with permission. — In 2022 there was considerable debate among alternative economists what the Federal Reserve was likely to do in the face of rising stagflation. There were people who argued that the Fed would capitulate to stock market demands, stop raising interest rates and return to Quantitative Easing (QE). These analysts operated on the assumption that the central bank wants to save the US economy from substantial deflationary crisis and that they will happily print money …


Editors’ Prepping Progress

To be prepared for a crisis, every Prepper must establish goals and make both long-term and short-term plans. In this column, the SurvivalBlog editors review their week’s prep activities and planned prep activities for the coming week. These range from healthcare and gear purchases to gardening, ranch improvements, bug-out bag fine-tuning, and food storage. This is something akin to our Retreat Owner Profiles, but written incrementally and in detail, throughout the year.  We always welcome you to share your own successes and wisdom in your e-mailed letters. We post many of those — or excerpts thereof — in the Odds …


The Editors’ Quote of the Day:

“But king Solomon loved many strange women, together with the daughter of Pharaoh, women of the Moabites, Ammonites, Edomites, Zidonians, and Hittites: Of the nations concerning which the Lord said unto the children of Israel, Ye shall not go in to them, neither shall they come in unto you: for surely they will turn away your heart after their gods: Solomon clave unto these in love. And he had seven hundred wives, princesses, and three hundred concubines: and his wives turned away his heart. For it came to pass, when Solomon was old, that his wives turned away his heart …