Jack B. recommended a very interesting series of video clips from a seminar presented by economist Don McAlvany.
o o o
Today is the last day for BulletProofME.com’s special sale on Interceptor Body Armor and Kevlar helmets, just for SurvivalBlog readers.
o o o
Facing a soaring trade deficit and 25% annual currency inflation, the government of Vietnam has just banned gold imports. I guess that Vietnam’s bureaucrats failed Econ 101.The citizenry rushing toward the stability of gold isn’t the cause of economic trouble. Rather, it is a symptom of a horribly mismanaged currency. In the absence of national treasury restraint, it doesn’t take much for a troubled currency to tip over into something approaching Zimbabwean scale hyperinflation. Our friends at The Daily Reckoning note that at last report, a pound of margarine cost 25 billion Zimbabwean dollars. But don’t blink. One rough estimate (based on the Rule of 72) shows that some consumer prices in the former Rhodesia are now doubling every 21 minutes.
o o o
My recent mention of the possibility of looters using lightly-armored bulldozers prompted three readers to mention the 2004 “Killdozer” incident in Granby, Colorado. A YouTube video clip shows part of what happened. With that much armor, even AP ammo would not be effective. Upon seeing the video clip, our #1 Son commented: “That shows that the Second Amendment has applicability to civilians owning RPGs.”