Economics & Investing For Preppers

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1. Banks will also remember the threat of nationalization they faced following the economic devastation of 2008… With this in mind, it’s reasonable to expect that banks will adjust lending guidelines for some time to come. Tidal economic forces also tend to create ripple effects.

2. The collection at the Texas Ranger Museum in Waco is an amazing selection of historical artifacts, not just firearms, that document the history of the legendary law enforcement body. It’s definitely worth a few hours of your time if you’re in the area and have any interest in Texas history.
   If a person wanted to see a gun collection that is completely over-the-top then the one at the Buffalo Bill Historical Center in Cody, WY is not to be missed. Trying to see just the contents of that exhibit in a single day doesn’t allow any time to do more than glance at anything – and there are three other museums in the complex.
   I would love to see the Smithsonian display their collection of historic firearms in a dedicated museum because they were gifted with the intent that they be seen and appreciated. Hopefully one day soon a wealthy benefactor will make it possible, after the loonies are safely locked away in their own special “museum”, of course.

   1. Your thoughts about a “wealthy benefactor” brought to mind the story of a small tucked-away “museum” we visited once in a tiny Tennessee town. The owner of a gift shop actually created the museum himself in an area accessible through the gift shop and behind it. It is an absolute treasure. Nearby this fellow set up a warehouse style building which houses the expansion of the museum. Our understanding was that he also had yet another building filled wall-to-wall and floor-to-ceiling with historic finds. His goal was to restore to original glory each piece on display — and this included everything from a dentist’s chair to an early phone switching system. We don’t know if this man is living today, although we hope and pray he remains with us. His endeavor is a work of the heart and hands, and something quite special. In fact, I would say that his collection was the best I had ever seen in any museum.

      For anyone nearby… This is a special place to visit when safe travel is possible once again! Here’s a link: http://www.charleshallmuseum.com/

      …and as someone who has a deep love of genealogy, I am aware of other historic repositories that are privately held, or held by small community groups with a special interest. There are possibilities that will yet preserve art and history for generations to come.

3. Not sure how the housing market will go if inflation kicks in and rates stay this low. I guess it depends on how greedy people get. How will that work if the value of my house on the market doubles, my income goes up 25%, and all my other bills go up in price to match inflation. Right now my mortgage is 1/3 of my income. If it drops to 1/4 or less, I guess the balance will go to cover the increased cost of inflation elsewhere. Something tells me there won’t be enough to go around if the economy does what it looks like it is going to do.

4. “JWR’s Comments: If the Powers That Be want to kill the economy, then there is no better way than to contract the availability of consumer credit. Home mortgages, HELOCs, and credit card limits have all been tightened in recent weeks. The fix may be in, to assure that a Democrat takes the White House, in November.”

   I think there is plenty of evidence now to show that some of the powers that be want to burn this country down and start over with their socialist utopia and have chosen right now to make a fire engine run to their end game. As a minimum the reaction to COVID (if not the actual infection of COVID) was designed for the maximum economic destructive power they could get away with without an actual uprising. And then the fanning of the flames, or more like throwing gas on the George Floyd incident is designed at least in part to continue this economic destruction. All this with a propaganda campaign that would make the Nazis envious.

   However controlling people is like herding cats. People do not always go where pushed. Sometimes they do. Sometimes they don’t. The results are highly unpredictable. It remains to be seen how this all plays out.

   And honestly, I predict at least one more major event before November. I believe the left views this as their make or break time, and they are going to pull out all the stops. They will manufacture something or take advantage of some random event and turn it into an inferno of some type.

   Put another way, COVID was Impeachment 2.0. The riots, Impeachment 3.0. There will be an Impeachment 4.0 IMO.

   1. Hey JBH, lots of good points, can’t disagree with any of them. I told my dad the other day that with as crazy as things are getting, I wouldn’t bet more than a two dollar bill that it will be Trump against Biden in November. I think there’s a chance we’re in for some surprises at the conventions. Trump could say, “Hey guys, I’ve decided not to run!” That would be a hoot and IMO, not out of the question at this point. Things are only going to get worse, for him personally and the country, and he knows that. They’ve been trying since Day One to get rid of him and he’s knows the probabilities are going to be a lot higher if he gets reelected that they will succeed, even if it takes a coup like the one in 1963.

      At the Democratic convention, Geriatric Joe is a huge liability and it could still end up being Hillary or someone else IMO. If it does end up Trump/Biden in November, all Trump has to do is run a smear campaign bringing up all of Biden’s corrupt ties with Ukraine etc, his geriatric brain lapses, and all that creepy hands-on, hair sniffing stuff he does with women and girls, and Trump would still still have a chance. If Geriatric Joe does get elected, he’ll mysteriously wake up dead one morning in the White House and his black/Latino female VP will be our next President. Whatever the case, we’re in for some interesting times in the very near future! We ain’t seen nothin’ yet.

      Wish I had bought Sturm Ruger a month ago when I got out of my coronavirus stocks, it’s moved from $53 to close at $72 today, and only going higher. 🙂

      1. I can’t argue with your points either.

         Here are two other possibilities as well. Both low probability but not at all impossible IMO.

         First. No election at all due to ??? Who knows what.

         Second. Slightly higher probability. The loser of the election refuses to concede defeat and some states follow him/her. Or try to. Especially if Trump wins and especially if he loses the popular vote but wins the electoral college. If I remember my history, this one has actually happened at least once and maybe twice.

5. I never understand the term, “powers that be”
   I have read books about the Rule of 300 or The Masons, etc.
   If these powers had such power Trump would never been elected. Obama could have passed a law when he had a super majority in both Houses of Congress to confiscate all weapons.

   The concept of massive conspiracies with great power seems to have gone missing.

   Anyway, whoever wins in November really doesn’t make a difference since the US is like the Titanic. We have out of control spending, lawlessness in many states, the rule of law being ignored, criminals being let out for no logical reason. So how will one man that is elected in Nov make a difference when 50% will loath him?

   Ones tactical planning plus securing equipment or supplies should continue.

   Remember Apostle Paul in Ephesians 6:12
   For our struggle is not against flesh and blood but against the rulers, against the powers, against the world forces of this darkness, against the spiritual forces of wickedness in the heavenly places.
   13- Therefore, take up the full armor of God, so that you will be able to resist in the evil day and having done everything, to stand firm”

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