Self-Sufficiency in Northern Nevada

Over at the Bison Survival Blog (formerly called the Bison Newsletter), editor Jim Dakin recently posted an interesting piece titled “Economics of Self-Sufficiency.” I recommend his blog, although it is with the caveat that there is a lot of foul language posted there, especially in some of the comments posted by readers. For several years, Jim Dakin has advocated the low cost retreating approach of buying an inexpensive piece of land (what he calls “junk land”), and living very frugally, with a large used travel trailer for shelter. Jim Dakin presently lives in Carson City, Nevada, in the rain shadow …




Guest Editorial: The Great Bust of ’08, by Mike Whitney

On January 14, 2008 the FDIC web site began posting the rules for reimbursing depositors in the event of a bank failure. The Federal Deposit Insurance Corporation (FDIC) is required to “determine the total insured amount for each depositor…..as of the day of the failure” and return their money as quickly as possible. The agency is “modernizing its current business processes and procedures for determining deposit insurance coverage in the event of a failure of one of the largest insured depository institutions.” The implication is clear. The FDIC has begun the “death watch” on the many banks which are currently …




Finding Your Dream Retreat: It is Time to Watch the Foreclosure Listings

I often get e-mails from readers, complaining that the retreat properties that they see listed are too expensive. Typically is something like: “I found a couple of good places, but they are beyond my reach.” Here is one possible solution: Buy on the other guy’s weakness. There are lots of foreclosures now on the market, and the foreclosure rate is expected to increase as the real estate bubble continues to deflate, and as the US economy slides into recession. (In my estimation, here is the equation for the next four years: Recession equals lay-offs, and layoffs equals missed house payments, …




The Big Picture — Grid Up Versus Grid Down–Oil, Soil, and Water

Before selecting retreat locale, It is crucial that you decide on your own worst case scenario. A location that is well-suited to surviving a “slow-slide” grid up scenario (a la the deflationary depression of the 1930s) might not necessarily be well suited to a grid down situations. As stated in my post on August 15, 2005, a grid down situation will likely cause a sudden onset variation of TEOTWAWKI with a concomitant mass exodus from the big cities resulting in chaos on a scale heretofore never seen in modern memory. My own personal “best case” scenario is an economic depression, …




Letter Re: Keeping a Low Profile is Crucial for Preparedness

James, I have to disagree with some of C.D.’s measures listed in his letter (i.e. using Scroogle and Zone Alarm) and refer your readership to the best article I’ve yet seen on the great difficulty in online anonymity: The Ugly Truth About Online Anonymity Also note comment on the linked article 12 – even if all else could be secured, the moment you behave according to your established surfing profile, you’ll be spotted. Kind Regards, – J. in Kyrgyzstan JWR Replies: I have my own perspective about online activities: Do the best that you can to cover your cyber trail, …




Letter Re: SurvivalBlog Has the Edge in Reporting Some News Stories

Dear Jim, I’ve been following your web-site for a while now and am amazed how you and your members chime in with very news worthy items sometimes weeks before the mainstream media starts covering them. One latest point would be the CountryWide Equity Line suspension finally made our local evening news last night.[It was mentioned in SurvivalBlog on February 5th.] I was stunned to read today in The Wall Street Journal that coal prices, which once were steadily priced in the $20 per metric ton range began trading in the $40 to $60 range from mid-2003 to mid- 2007, then …




Peering Over the Precipice: The Future of America’s Credit-Driven Bubble Economy

Here in the States, the newspaper headlines are full of bad economic news: “Credit Collapse”, “Housing Market Tailspin”, “Credit Rating Agency Scandal”, and “Three Trillion Dollar Federal Budget”. Most recently, the Federal Reserve (our central bank, operated by a private banking cartel) made a panic move, cutting interest rates in two jumps in just eight days, a whopping 125 basis points (1.25%). A drop that great, and that fast, was unprecedented. This maneuvering did little to calm the markets. If anything, the Fed’s actions confirmed the suspicion that the credit market is essentially broken and our economy is headed for …




Letter Re: A Federal Reserve Balance Sheet Disaster

Dear Jim, I just read on a[nother] blog about an imminent Federal Reserve disaster. There’s no [mainstream] news coverage on it yet so this qualifies as a serious heads up. Note the second numeric column. $40 Billion, has been since 1913, by law. Then notice it suddenly drops to $198 million and then two days ago the report lists the banks as minus $8.7 Billion, something which has never happened before. How bad is it? Think Weimar Republic. The Fed can no longer stop inflation because the banks can’t secure new money with debt. People aren’t buying debt anymore. Ergo, …




Letter Re: Property Taxes and Hyperinflation

Dear Mr. Rawles, It’s been on my mind off-and-on since I read your novel “Patriots”, when the Grays sent in a property tax payment to avoid losing their retreat to tax delinquency. It’s always annoyed me that a landowner has to pay the government to keep land he has bought and paid for. That said, what would keep a local government, starved for cash in just such a situation as “The Crunch”, to raise the taxes on local properties until no-one could pay them? If a landowner pre-paid his taxes for, say, two years in advance, what would stop the …




Four Letters Re: A Honeybee CCD Disaster Soon?–Bee Prepared!

James, Here is a link to a somewhat less pessimistic article on CCD, the current state of affairs with bees, and a likely possible cause. I agree that the consequences of a loss of Apis mellifera would be a severe blow, but I think the reality is not (yet?) quite so dire as a recently linked article predicted. Best Regards, – MP   Jim; Your comments miss the fact that solitary bees, such as the Orchard Mason bee, are roughly 10 times more effective [per capita] as pollinators than honeybees, and are plentiful in most locales. Bumblebees ain’t bad at …




Davos Delegates Deeply Denigrate the Dissipated Dollar

The once Almighty US Dollar got its comeuppance this week at the annual Davos, Switzerland conclave. After too many years of maxing out her credit card at Macy’s, the weak sister of the currency world was strongly chided by her siblings. The Federal Reserve’s unprecedented one-day 75 basis point cut in interest rates was seen as exactly what it was: a desperation measure. Jean-Claude Trichet, the head of the European Central Bank (ECB) said that there is little chance of a European interest rate cut, to match the Fed’s rate cut Soon after, Steve Forbes went so far as to …




Letter Re: “Life After People” Documentary Series

Jim, You noted that several SurvivalBlog readers had mentioned the “Life After People” documentary series, in advance of its first airing. I just saw it. What a waste of time. This show provided nothing of any use to anyone. It seems as if it was an excuse to give the computer graphics specialists something to do while the screen writers are on strike. I believe this show was primarily a vehicle to promote the idea that humans are destroying the planet. It kept stating how better off the planet, animal life, the oceans and their wildlife were now that man …




Letter Re: Does Future Inflation Justify a Higher Level of Indebtedness?

Sir, In reading the recent economic commentary on your blog site I have to wonder – if one is convinced that we’re to see a significant increase in inflation, then why get out of debt? Take a mortgage for instance: with decent credit it is now possible to refinance (or purchase) and get a fixed rate mortgage under 5% and rates will likely go lower before we’re done. With tax breaks and even normal inflation this is essentially free money. In an inflationary environment (which I don’t argue we’re in) it would make sense to keep this debt and instead …




A Honeybee CCD Disaster Soon?–Bee Prepared!

In the past three days, more than a dozen SurvivalBlog readers e-mailed this article link from The Telegraph: Honeybees may be wiped out in 10 years. I can not overstate that this is very alarming news. If the honeybee hive losses are universal in the “breadbasket” regions in the middle latitudes around the world, it would be cataclysmic for agriculture. The loss of honeybees for pollination because of CCD and/or successive waves of disease could very well cause a global famine that might result in a 20%+ die-off of global population and veritable TEOTWAWKI. Even if there is just an …




Letter Re: Stock Market Turmoil – Time To Make an Exit

Jim – I’ve been reading SurvivalBlog for a little over a year now and I enjoy the commentary immensely. As a long-time investor and at the risk of a “pile-on” situation, I’ve got to echo the sentiments of yourself and your pundits recommending exiting the markets now and the foreseeable future. I have sold my entire portfolio in the last week or so into a down market, which I normally would never do, due to a number of significant factors – first and foremost being the fragility of the derivatives market, second being the cryptic, embedded and out-of-control debt market …