Economics and Investing:

Is the American Economy Destined to Fail?

Government Bonds — the New Junk?

Items from The Economatrix:

Dubai World Tries to Keep Banks at Bay with Six-Month Standstill on its Debts

Horizon Bank of Bellingham, Washington First Bank Failure of 2010

Four Economic Scenarios You Better Hope Won’t Materialize

For Every One Job There are Six Jobless Applicants

Financial Markets and Economic Crisis Outlook 2010, When Hope Turns to Fear

Dr. Gary North: Deflationists Predicting Price Deflation are Not Economists, They are Journalists

What Happens When the Fed Stops Quantitative Easing

Howard Ruff Preparing for Rough Times By Hedging Against Inflation







Note from JWR:

Today we present another entry for Round 26 of the SurvivalBlog non-fiction writing contest.

First Prize: A.) A course certificate from onPoint Tactical. This certificate will be for the prize winner’s choice of three-day civilian courses. (Excluding those restricted for military or government teams.) Three day onPoint courses normally cost between $500 and $600, and B.) Two cases of Mountain House freeze dried assorted entrees, in #10 cans, courtesy of Ready Made Resources. (A $392 value.) C.) A HAZARiD Decontamination Kit from Safecastle.com. (A $350 value.), and D.) A 500 round case of Fiocchi 9mm Luger, 124gr. Hornady XTP/HP ammo, courtesy of Sunflower Ammo. This is a $249 value.

Second Prize: A “grab bag” of preparedness gear and books from Jim’s Amazing Secret Bunker of Redundant Redundancy (JASBORR) with a retail value of at least $350.

Third Prize: A copy of my “Rawles Gets You Ready” preparedness course, from Arbogast Publishing.

Round 26 ends on January 31st, so get busy writing and e-mail us your entry. Remember that articles that relate practical “how to” skills for survival have an advantage in the judging.



The Importance of Calories in a Survival Situation, By Keith W.

In this modern world the term “calorie” is almost a bad word. They are things to be limited, controlled and shunned whenever possible. We use terms like “empty” and “wasted” in regards to the consumption of calories. Obesity, the result of the over-consumption of calories, is one of the biggest dangers that we face as Americans. If and when TEOTWAWKI occurs, our thinking needs to change immediately.
The average man doing minimal amounts of work needs about 2500 calories per day to maintain weight and full functionality. Doing moderate physical labor or survival activities can easily increase that number to 3000+. When the calorie intake drops below 1200 (or half of the optimal number of calories for an individual) the body goes into a survival mode in which physical and cognitive functions are impaired. Extreme lethargy, indecisiveness, confusion and excessive sleepiness are some of the symptoms and are not beneficial to dealing with the stresses encountered when our lives are in peril. In a survival situation, therefore, calories are crucial and the more, the better. That is right, fat is your friend; remember that fat has 9 calories per gram, whereas protein and carbohydrates only have 4 calories per gram. If you only have 2 pounds of food at your disposal, what do want the composition of that food to be? Keep this in mind when you are making your preparations.

Canned goods are a cheap and easy to acquire survival staple. They have a decent shelf life, and are usually safe to consume well past their “sell by” dates. Tests run by the FDA, the US Army and Washington State University have found that 40-100 year old canned goods that were still safe to eat barring damage to the container. All canned food is not equal in a survival situation however. Many folks will purchase a case or two of whatever is on sale and consider the number of cans when deciding on the duration of their preparedness. A can of green beans for example, has about 120 calories. It would take 10 cans per day just to meet the basic needs of an average man. Those calories do not include much in the way of protein or fat either- both of which are critical for health. On the other hand, a can of Vienna sausages has about 450 calories and has the requisite protein and fat. Very simply, when you are purchasing canned goods for preparedness, devote at least one-half of your purchases to high calorie choices with ample protein and fat. Include some starches like beans, corn and potatoes, since carbohydrates are easily metabolized and turned into the sugars that our brains require. Fruits and vegetables have fiber and some vitamins that cannot be obtained from other sources, so don’t ignore them.

Drying food is one of the oldest methods of preservation and is still a winner in terms of shelf life and durability. Dehydrated foods can have a shelf life of 20-30 years if properly stored. Visit Grandpappy’s web site for more info. While ready packed #10 cans of dehydrated foods are great to have, they are somewhat expensive and hard to transport. On the other hand, 1# bags of rice and dried beans are cheap, filling, and readily-available and supply complete proteins when used together. If you have a vacuum sealing machine, a good “ration pack” can be made by placing 1# of dried beans, 1# of rice, 1/3 cup of dehydrated onions, and 2 tablespoons of a salt-based seasoning in separate bags and sealing them together. The contents of that pack can easily feed 4 people for a day.

In the event that you have meat that is ready to spoil due to a recent hunting success or a prolonged power outage, take a page from our ancestors and dry it. There are several methods for drying meat or anything else with a high moisture content. If you are in an arid environment, drying is dead easy. Cut the meat into ¼” slices, rub it with salt and spices (if desired), and either spread it out on a grating or hang it for 2-3 days in an area with decent air flow. Salt is a cheap and bulky ingredient, so it is ubiquitous in seasoning blends and sauces and aids in the preservation process. A cheap “bullet smoker” can be used as a dryer and smoker. Hang the strips of meat from the grates, using toothpicks or a similar item and build a very small fire in the bottom fire bowl. Ideally, the temperature should remain between 110 and 130 degrees Fahrenheit so the product is truly dried- not cooked. The addition of wood, corn cobs or nut shells will impart smoke, which aids in preservation as well as flavor. Window screens or furnace filters can be used in conjunction with rapidly flowing air to dry foods in a day or so. Get creative! Once the foods are thoroughly dried, store in a closed container with hard sides. Plastic bags hold moisture close to the food and will cause the food to partially hydrate and eventually rot. Dehydrated foods can be rehydrated in hot water and used in soups or stews. The dehydrating process reduces the weight of most meat and produce to about 6-10% of its regular weight, so a lot more food energy can be carried per pound.

An unlikely source of survival rations is your local convenience store. Or more likely, the Big Box store where the convenience store buys its products. Individually packaged snack foods are designed for portability and shelf life. Those preservatives that everyone loves to hate are put there to make the product last for months or years in the vending machine with little discernable loss of flavor. The products also have a very low water content (making them cheaper to ship) and very high energy density. The individual vacuum packs of trail mix, nuts, jerky or individual sausages (such as “Slim-Jim”) make for a readily packable addition to your BOB that provide a lot of calories with minimal weight and space. The individual packs of sports drink powders are also a worthwhile addition. Everyone knows that feeling of lightheadedness and nausea that hits when your blood sugar or electrolyte balance goes low. The electrolytes and sugar in those packets is a quick fix for that. These items may not be part of a perfectly balanced diet, but carrying 9,000 calories in a backpack takes some compromises.

In terms of fresh food, think outside your normal comfort zone. Hunting, fishing and foraging will be necessary to augment your food storage. Many people live in areas that are devoid of large animals like deer or elk. Killing, butchering, processing and preserving large animals is a big effort anyway. What good is 200 pounds of meat for a family of 4 when there is no refrigeration handy and they are on the move? Better is to supplant the above mentioned beans and rice with a couple of pigeons or a squirrel bagged along the way. As the Cajuns say “…anything that flies, walks, crawls or slithers is good for gumbo”. Crickets are good additions to the pot as well, just remove their legs at toast them. Some bugs are indeed poisonous or at least really unpleasant to eat- so do your homework while you still can. There are also plenty of plants that are just ready to be foraged for food. While it would be hard to find enough wild onions to live on them alone, they will greatly improve the taste of a pot of soup. Other plants will give you essential vitamins and ever-important fiber. Regularity is often under-appreciated until you don’t have it. There are hundreds of area-specific guides to edible plants that deserve study and a place in anyone’s library.

The human body has a fantastic calorie storage mechanism built in. Our early ancestors rarely knew when or where their next meal would appear. As such, our body has adapted to store food energy “on site” in fat stores. This mechanism allowed us to get through times of scarcity and replenish during times of plenty. In an extended period of scarcity, fat stores might be the deciding factor of who lives or dies. Every pound of fat contains roughly 4000 calories of energy. A person that is 20 pounds overweight therefore has about 80,000 calories of energy in reserve. While the body’s survival mechanisms do not readily lend themselves to following formulas and everyone’s mileage may vary; that means that an extra 20 pounds will buy you extra time to live.

This is not meant to try and convince anyone to switch to a diet of donuts and bacon. Obesity still carries a major penalty in many other aspects of survival both in our current reality and in a worst-case scenario. The ability to live without medications for hypertension, or cholesterol or diabetes is critical when the pharmacies all shut down. Too much fat will indeed kill you. The focus should be on general health and stamina, especially in terms of manual labor and walking. A person with a large muscle mass and very little fat effectively has a huge engine with a very small gas tank. The big engine is helpful, but the tank must always be refilled. A person with little muscle mass and a lot of fat has a small engine and a huge gas tank. It doesn’t matter how much fuel there is if the engine is too small to do the job. A person with decent muscle mass, good cardiovascular health and a little extra “cushion” is the best suited to prolonged survival. The ability to walk while carrying weight and the ability to do strenuous work are the most vital elements.

In summation, calories are an important and overlooked aspect in any survival plan. Imagine the tasks that will need to be done when the lights go out and stay out for an extended period of time. Nearly every task will involve significantly more energy use than it does in our current reality. In human terms, energy comes exclusively from the burning of food energy in the form of calories. The truly prepared will have enough calories available to do what needs to be done to survive and prosper.



Letter Re: Dental Preparedness

Jim,
In "Dental Preparedness, by Pat" the author mentions "using 400mg of Ibuprofen taken with 800mg of Tylenol at the same time, every 4-6 hours." That could result in taking 4,800mg of Tylenol in a day. Online resources state the maximum safe dose is 4,000mg per day, or liver failure could result. [JWR Adds: Thanks for pointing that out! Clearly, at that dosage, that course of treatment must either end or the dosage be reduced after just18 hours.] – SunDog



Two Letters Re: An Interesting 19th Century Formulary Book

JWR,
First off, love your site! It’s level headed and full of wonderful information. It’s now part of my required reading in the mornings along with the news and email. Google Books has Dr. Chase’s Third, Last and Complete Receipt Book, it’s free, it’s PDF format and downloadable. Keep up the good work! – Herman N.

James,
I’ve been reading the blog for about a year now, I think this may be my first email to you. In searching for Dr. Chase’s Third, Last and Complete Receipt Book, I stumbled across this web site from MSU of downloadable cookbooks and “domestic science” tomes from the late 1700s through early 1900s. Thought it was very cool and perhaps of interest to the readers. Keep up the good work! – Tim





Odds ‘n Sods:

Trent H. sent a link to Pack and Saddle Shop’s horse packing tips.

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Troy H. sent these links, about an energy-independent farming own in Germany. He comments, “These folks already generate their own heat and electricity (enough in fact to sell surplus wattage back the grid!), and seem well positioned for long-term independence. A ‘covenant community’ or ‘retreat township’ model might benefit from these sorts of systems.” There are two articles, an overview, and a detailed photo essay, with more technical details.

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From the British Medical Journal: Surgeon performs self-apendectomy in Antarctica. Thanks to Jim T. for the link.



Jim’s Quote of the Day:

"Beloved, follow not that which is evil, but that which is good. He that doeth good is of God, but he that doeth evil hath not seen God." – 3 John 11



Note from JWR:

Today we present another entry for Round 26 of the SurvivalBlog non-fiction writing contest.

First Prize: A.) A course certificate from onPoint Tactical. This certificate will be for the prize winner’s choice of three-day civilian courses. (Excluding those restricted for military or government teams.) Three day onPoint courses normally cost between $500 and $600, and B.) Two cases of Mountain House freeze dried assorted entrees, in #10 cans, courtesy of Ready Made Resources. (A $392 value.) C.) A HAZARiD Decontamination Kit from Safecastle.com. (A $350 value.), and D.) A 500 round case of Fiocchi 9mm Luger, 124gr. Hornady XTP/HP ammo, courtesy of Sunflower Ammo. This is a $249 value.

Second Prize: A “grab bag” of preparedness gear and books from Jim’s Amazing Secret Bunker of Redundant Redundancy (JASBORR) with a retail value of at least $350.

Third Prize: A copy of my “Rawles Gets You Ready” preparedness course, from Arbogast Publishing.

Round 26 ends on January 31st, so get busy writing and e-mail us your entry. Remember that articles that relate practical “how to” skills for survival have an advantage in the judging.



Two Letter Re: Some Observations on Fortifications Versus Camouflaged Retreats

James:
Just a quick observation about the wisdom of sheltering in a missile base or some other Cold War-era fortification. While Chris is correct that history demonstrates that fortifications can and will be breached by enemy forces with the resources and determination to maintain a well-conceived siege, I question whether after TEOTWAWKI the marauders most likely to be challenging such a retreat will have the resources to see a siege through to a successful conclusion.

Presumably, the scarcity of resources is precisely what would make a fortress such an inviting target. Unlike the armies that successfully overran ancient fortifications, there is little hope of people armed only with conventional weapons successfully breaching the walls or blast doors of a structure designed to withstand anything but a direct hit from a sizable nuclear warhead. Additionally, the barbarian hordes in a post-collapse scenario will not have the luxury of sitting in place indefinitely, waiting for those hunkered inside such a bunker to exhaust their own resources. Unless a well-organized and well-armed assault force happens to catch the owners of the fortress completely unprepared, I think that even taking into account the risks of living underground for prolonged periods these sorts of shelters offer the highest degree of security for their owners after TSHTF.

Keep up the great work, – D.

 

Dear Editor:
Ah, so sorry to sound the defeatist, but the self-sufficiency plans outlined in the recently-posted article by “Chris” would not stand up to scientific scrutiny by folks that actually work with closed-cycle environments.

(A) The article refers to producing methane for power by “dissolving” milkweed in water, and even accelerating the breakdown by immersing the milkweed in salt water and running a current through it. 

In point of fact, merely “dissolving” milkweed will not produce methane.  Methane is produced by the decomposition and fermentation of organic matter.  Said decomposition requires a number of things: (1) a warm, moist environment, (2) a low oxygen content in the biomass being fermented, (3) one or more bacterial cultures that decompose biomass – these are usually found in moist, or semisolid matter, not a salt-water solution.  Decomposition bacteria do *really* poorly in salt water.  It’s the reason “salt-curing” is the preservation method of choice for meat in the absence of refrigeration.

One must also ask, if the milkweed is being fermented for methane to generate power, where is the electricity coming from that would be passed through the saltwater solution to supposedly accelerate the dissolution of the milkweed?  Hmm?  It would be a good idea to *produce* more power than one must consume in the production of the power.

Certainly it would be possible to produce methane from compost, and that would be a good means of providing an emergency fuel source and heat source in cold weather.  However for power generation, if we assume that the author is thinking of using a methane-fueled internal combustion engine connected to an alternator, it is first necessary to *compress* the methane.  One kilogram of solid waste subjected to anaerobic fermentation will produce about 120 liters of methane – a year.  A natural gas (i.e. methane) fueled generator producing 5000 watts (a very small home – just enough for lights, a fan and one small refrigerator – uses approximately 2 kg of methane per hour.  Methane weighs about 2 kg per cubic meter, so the 120 liters of methane produced as above would weigh about 0.02 kg.  To keep a methane-powered generator going for a single 24-hour day would require 2400 kg of compost, and could only run the generator for one day out of 365.  Continuous operation would require a compost pit containing >800,000 kg of compost.  Nearly a thousand metric tons of fermenting waste would hardly count as inconspicuous. 

Then there’s that compression problem again.  Absent a compressed methane supply, the only possible means of power generation would be external combustion of the methane in an open flame and boiling water.  All of which presumes that sufficient methane can be collected from a compost pit the size a small town and transported to the burner, but alas, that would also require some means of *pushing* the methane into the pipes leading to the burner.  This means fans or pumps, and like compressing the methane or electrifying salt water, would waste the very power being generated. 

(B) Next the article turns to air and water filtration, and is on its strongest foundation.  It is true that algae are a great technique for scrubbing the air of excess CO2 and enriching it with oxygen.  This is the stuff of which long-duration space flight is made.  Better yet, algae is biomass, and can be composted for methane!  However, there are still many issues with the *implementation* of this plan.  First, algae consume CO2 and produce O2 during the day, but a little acknowledged fact is that *all* plants consume O2 and produce CO2 at night when chlorophyll is deprived of the sunlight required to power photosynthesis.  The efficiency of this cycle is about 2:1 given 12 hrs day and 12 hrs night.  Thus for every two liters of O2 produced during daylight, one liter will be consumed the following night.  Unless the algae is grown under artificial sunlight lamps – but there’s that pesky problem again of consuming all of the power in the process of generating the fuel to generate the power…

However, what is the efficiency of algae-based air “freshening”?  One can assume that it is not entirely necessary to produce *all* of the breathable air.  Certainly *some* air will be derived from the outside unless it is completely contaminated with fallout, biological weapons or zombie virus.  For the sake of argument, let’s say we need to produce enough breathable air for a single person each day.  That way one person can be completely sealed into the bunker, or additional people can be supported by supplementing with outside air.  A single adult male runs about 20,000 liters through their lungs each day.  That’s 16 one-liter breaths per minute.  About 1000 liters of O2 are consumed and 1000 liters of CO2 exhaled.  That’s between 0.03 and 0.05 kg of each per day, or 15-20 kg/year.  One square meter of algae will consume about 10 kg of CO2 per year and produce about 8 kg of O2, assuming the ideal light and temperature.  So, two square meters of algae under artificial sunlight, with flowing water in the tank, plenty of nutrients on the water – oh, and plenty of water – will likely scrub the air of excess CO2 and enrich it with O2.  But there’s still that pesky problem of power to operate the lights and pumps, and the fact that while algae will enrich the air, this is still a far cry from filtering it, and any biological or radiological contaminants that need to be filtered out lest they kill the inhabitants of the bunker would also kill the algae.  Not to mention what to do with the excess biomass of algae that needs to be skimmed from the tank weekly – add it to the 5 square mile compost farm, probably.  

It should be pointed out at this point that there *are* industrial and systems for not only reducing CO2 and producing breathable air, but also turning algae and yeast into biofuels.  They are called bioreactors, and work at very high densities.  Efficient units are quite large and small units take days to weeks to produce enough fuel to power a vehicle or generator for a few hours.  Finally, the inconvenient truth of renewable fuels is that it takes power to make power (fuel).  Bioreactors require *almost* as much energy as they produce just to operate the lights, fans, pumps, stirrers and cooling systems.  They have been proposed mainly as a way of reducing industrial waste CO2 or to convert grid-supply electricity into portable fuels for cars and trucks.  While such systems have been considered for arcologies, Mars missions and orbital facilities, it is primarily because they can tap into the abundant electrical power produced by the nuclear and next generation solar power plants proposed for those installations. 

(C) So what’s this about using a Tesla coil for water filtration?  A Tesla coil?  Seriously?  A TESLA COIL?  No.

[JWR Adds: I believe he was referring to using a Tesla coil to generate ozone, and to use that to purify water. That can work, but the power requirements are considerable. A simple ultraviolet light (like those use by koi pond enthusiasts) works just as well, and uses just a tiny fraction of the electricity. ]

First – where does the power come from to generate the electricity output by the Tesla coil?  The piddly little 5000 watt methane-powered generator wouldn’t even power a Tesla coil enough to raise the hair on your forearm even after rubbing it with a cat for an hour.  Tesla coils used for those fancy demonstrations are usually powered by industrial generators providing 50-100 kilowatts of electricity.  Powering that will take a compost heap the size of Rhode Island.

Second, electricity kills living cells.  That’s clearly the idea behind using electricity for “filtering” the water.  Unfortunately those algae above are living cells.  Run the electricity through the algae tank and there goes the air supply.  One could argue that the Tesla coil will be “downstream” from the algae tank, and not directly in contact.  Still, the insidious thing about electricity is that it tends to short to ground through water – if there is *any* possible connection – such as through the water pipes, the algae will get electrocuted.  Not to mention the sad end for a person that survives civil collapse and retreats to a hidden bunker only to be electrocuted the first time he reaches for the water tap. 

Third, did I mention that Tesla coils consume *power*?

(C)  Waste treatment.  Recycling and recapturing useful compounds out of liquid and solid waste is an excellent idea.  Set up the filters, composters and separators.  Unfortunately I see no provision for disinfecting the waste.  See, urine and feces do not just decompose on their own without help.  Community wastewater treatment plants ferment semisolid waste using specific bacterial cultures.  Solid wastes *are* compressed and either used as fertilizer or burned for fuel.  However, before either can happen, they must be sterilized.  A considerable amount of the “bulk” of solid human waste is live and dead bacteria.  Of those, the most common danger is e. coli.  Without even getting into the problems of typhus and diphtheria which come from food and water supplies contaminated by human wastes – or salmonella which comes from animal wastes – e. coli is particularly hazardous because it is so common.  The human body has a number of defense mechanisms for dealing with e. coli – at least in the regions where it is most commonly encountered – skin, groin, etc.  But e. coli in the mouth, eyes, ears or nose can cause serious infections that can cause cannot be easily treated, and if untreated can cause death.  As for performing the waste treatment in airtight containers, sorry, but no.  Unlike composting, which is an *anaerobic* process, waste decomposition is an *aerobic* process. The reason for this is precisely because the most hazardous of the waste-borne bacteria thrive in low-oxygen situations.  The reason wastewater treatment plants constantly stir waste in huge tanks is to ensure that the material stays oxygenated to reduce the growth of infectious bacteria.  Better to dig a latrine pit, fill it with lime, and lose out on recycling than to have a waste system that kills the user by virtue of insufficient sanitation.  Again, as with all of the concepts presented here, it can be dome properly, but the proper means involve a sufficiency of power, air, water and space.

(D)  Finally, the author references the “very negative biological effects” of deep underground environments on the human body..  From this it can be assumed that the author is referring to experiments where individuals have lived underground or in sealed environments for extended periods.  Yet, aside from lack of sunlight and exercise, the primary effect of living underground is not necessarily detrimental to humans.  What mainly happens is that in the absence of a defined day-night cycle, the human body makes up its own.  Without a sunlight-induced 24-hr clock, the human body will fall into a natural 26-29 hour day. As long as the subject remains isolated from the outside world, this cycle will continue, remarkably stable, and fully functional, not at all detrimental to health.  However, even a small dose of sunlight each day will set up a conflict between the external and internal clocks.  Insomnia and sleep disruption can occur until the subject is fully immersed in either the outside or inside environment.  Other problems with living underground have been more due to temperature, humidity, molds and air contaminants than merely the fact of being underground.   

To summarize, the concepts presented in this article are not practical.  They are the result of looking at some popular ideas in the press without considering the real world implications, or even carefully working through the biology, chemistry or physics of the problem.  Other “neat ideas” and exercises of the imagination are more appropriate to cartoon or fiction than a serious blog about practical survival.  It is one thing to sit and ponder ideas on the basis of “wouldn’t it be interesting if this worked?” and another to consider how likely the idea will result in sickness, malnutrition, disease and death.  None of the idea presented here would even meet the authors first stated intent, to live in seclusion – in secret – with none of the ravening hordes aware of the authors existence.  Each idea would require *space* that a secret hide-away could never afford, *power* that could never be generated, *resources* that would be obviously diverted away from public view and into the hide, and *emissions* of noise, heat and effluent that would certainly call attention to such a secret base. 

Sincerely, Dr. T.R., B.S. (Biology/Chemistry), M.S. (Aquatic Biology), Ph.D. (Physiology/Pharmacology)



Letter Re: Advice on Convincing a Spouse to Prepare

Mr. Rawles,
I am not sure if you can help me, however I was not sure who else I might be able to turn to for advice. I have always been a “prepared” type person, that stems from growing up relatively poor and living/working on a cattle ranch in southern Arizona, for a good portion of my life. We had to be prepared, living so far away from town! My wife and I were married almost three years ago, and currently live in southern Idaho. Being quite a few years my junior, eleven to be exact, she grew up with a considerably different lifestyle than I, and in a different era. I have tried to explain the possibilities to her, be it natural or man made, as to why I am storing food, ammo, medical supplies, et cetera. Unfortunately, even with the current events, she seems to think these things can never happen, and it is not worth the time and money spent.

I’m not a kook, or a tinfoil hat type person, just someone trying to provide for my wife and son in a rough future should it come to that. How do I explain that to my wife, or do I continue to secretly store things away when I have the chance? Please, any advice is very welcome and appreciated.

Thank you for listening, Cameron

JWR Replies: I have just one word for your wife: Haiti.



Economics and Investing:

GG flagged this: Ambrose Evans-Pritchard: A global fiasco is brewing in Japan

I spotted this piece by Pat Buchanan over at WND: Is America’s financial collapse inevitable?

Items from The Economatrix:

Ambrose Evans-Pritchard: A Global Fiasco is Brewing In Japan

Fitch Warns US Must Cut Spending to Preserve AAA Rating

How Nation’s True Jobless Rate is Closer to 22%

Stocks Fall on JPMorgan Results, Sentiment Survey

Oil Drops on More Signs of a Struggling Consumer


Platinum to Beat Gold, Says Goldman Sachs

Warning of Further Economic Crises Ahead



Odds ‘n Sods:

SurvivalBlog’s Editor at Large Michael Z. Williamson sent us this New York Times story:. Here is a quote: “She said a Coast Guard helicopter flew over the United Nations compound and could see that there were people there trapped under building debris. Thousands of residents were seen assembled outside the gates at a government facility in the city, and large groups were also assembled in other streets and public areas. The pilot of her ship’s helicopter reported seeing people working in several areas to dig out survivors. But for the most part, she said, the city appeared to be waiting for rescue and relief efforts to arrive.” Mike’s Comment: So, I think we can deduce a lesson from that, and Haiti’s status as the poorest nation in this hemisphere. Waiting for other people to bootstrap you is not a viable strategy.” Meanwhile, we read two bits of confirmation: Haiti Relief: Anger Mounts Among Desperate Haitians Over Supplies Stuck at Airport, and Looters roam Port-au-Prince as earthquake death toll estimate climbs, Hunger and thirst turn to violence in Haiti as planes unable to offload aid supplies fast enough. Oh, and don’t miss this letter to a Muskogee newspaper: When disaster comes, men turn into wolves.

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Ready Made Resources has launched an unprecedented 25% off sale on Alpine Aire freeze dried foods, with free shipping on full case lots. Don’t miss out, as this is a special “test” sale, approved for just Ready Made Resources by Alpine Aire, and might not be repeated.

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EMB was the first of several readers to send us the link to this amazing video of the Haiti earthquake.

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While on a recent trip to the lowlands of California, I noticed the sign for one of a new chain of hotels: Hotel Sierra. I suspect that this chain was founded by a former military aviator!