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Wednesday, March 13, 2019

Is a Radical 'Jubilee' Coming to America? Free Money Generating Resources

Poor Man Survival

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A Digest of Urban Survival Resources


Jubilee in America-A Radical Measure to Come?

Pending home sales in the United States have now fallen on a year over year basis for 13 months in a row.

 More than 166 billion dollars in student loan debt is now “seriously delinquent”.  That is an all-time record.

 More than 7 million Americans are behind on their auto loan payments.  That is also a new all-time record, and it is far higher than anything that we witnessed during the last recession.

It appears that “the recovery” has finally come to an end.  After seeing all of those numbers, there is no way that anyone can possibly claim that economic conditions are “getting better”.

And even though the official government numbers are highly manipulated, we never even had one “boom year” throughout the entire “recovery”.

The final numbers for 2018 are now in, and last year was the 13th year in a row when U.S. GDP growth was below 3 percent.

The last time we had a “boom year” when economic growth was above 3 percent was all the way back in 2005.  That was in the middle of the Bush administration.

We have never seen a bad streak like this before in modern American history.  The following comes from CNS News

But prior to the current 13-year period when real GDP has failed to grow by 3.0 percent in any year, there has been no stretch (in the years since 1930) when the United States went as long as five straight years with real GDP failing to grow by at least 3 percent.

Even though the Federal Reserve pumped trillions of dollars into the financial system over the last decade, and even though we added nearly 12 trillion dollars to the national debt, the best that the authorities have been able to do is to stabilize the system for a while.  Now it is starting to sputter once again, and many believe that the next crisis will be far worse than the last one.

As many of you know, gold has been stuck in an abysmal trading pattern, moving slightly above $1300 only to be crushed back down toward the $1100 mark. This comes in spite of the fact that we now face the most geopolitical uncertainty we have seen in decades.

However, not everyone has been unaware of these dangers. Central Banks spent 2018 accumulating precious metals in a monumental way, increasing their holdings by the most in one year since 1967. Quietly accumulating while the rest of the financial world happily ignores the alarm bells going off all around them.

Meanwhile, wages and the U.S. economy aren't keeping pace-could that mean…A Major Jubilee Is Coming to America

Jubilee is a radical measure.

The government essentially steals money from one group and hands it to another.

In order for this to occur, four elements must be in place...

1. The wealth gap must be getting dramatically bigger.

2. There must be 
cultural threats
 from those with different values or from outsiders (in other words, minority populations and immigrants).

3. The 
government must be ineffective
 at providing solutions.

4. And there must be 
growing anger toward the "elites."


We have the largest gap ever between the rich and poor...

We have huge increases in violent protests about immigration and race...

We have a completely ineffective government [mostly due to an obstructionist Congress, in my opinion-they spend more time trying to screw Trump vs. working on meaningful projects such as infrastructure, power grid, enemies such as China, etc....

And we have extreme animosity toward the "elites" from both the left and right.

There's actually a name for this type of political and social phenomenon.

It's called "populism." And it emerges every 30 to 40 years.

Populist movements are characterized by extreme anger at the government, at the wealthy, at the establishments, and at "newcomers" and minorities.

As the director of an Alabama group that tracks violence and hate crimes around the country told Newsweek in June 2017: "There has been a massive explosion of violence across the country."

From the protests and marches... to the refusals to stand during the national anthem...

From Black Lives Matter to the anti-immigration movements... to the rejuvenation of white supremacists... to the tripling of membership in the Democratic Socialists of America.

It's clear we are in the middle of an extreme "populist" period in AmericaRay Dalio, one of the richest men in America, studied the political environments of the past 100 years and concluded in March 2017...

The last time that it [populism] existed as a major force in the world was in the 1930s, when most countries became populist. Over the last year, it has again emerged as a major force.

So what does this all mean?

It proves that what we're experiencing today is eerily similar to what happened in the 1930s... right before the biggest and most radical Debt Jubilee in American history.

The economic comparison is stunning.

Interest rates hit zero leading up to each of these periods...

Printing money caused the stock market and other risky assets to boom during both periods... boosting the wealth of the rich, but doing nothing for the poor...

During the 1930s, just like today, the wealthy acquired a much higher-than-normal percentage of our nation's wealth...

And in both the 1930s and today, the percentage of the population that was foreign born was higher than normal... causing animosity among the "common man."

Just like today, the economic conditions of the 1930s caused extreme income inequality.

Back then, the top 10% earned 45% of all income (compared with 50% today) and owned 85% of the wealth (compared with 75% today).

Even the political characters are the same...

The 1930s saw a popular socialist presidential candidate just like we had in 2016. Huey Long was a former governor of Louisiana and a U.S. senator. He proposed an income cap at $1 million... a 30-hour federal work week... and 100% income taxes at the highest level.

Long even established 27,000 "Share Our Wealth" clubs around the country and had a radio show that was listened to by one in five Americans.

Thanks to:  Porter Stansberry

Pop Quiz-Dead or Alive

Dead or Alive Pop Quiz
You are alone in the early morning of a 94 degree day. The soil under your feet is dry and sandy, you notice there is very little green around you, just a few bushes and tree leaves. You see a few sticks, rocks and a bunch of sand. You need water and time is running out.  
What do you do - choose wisely your life is at stake.
A. Look at where the sun is moving and run fast in that direction to find water. Click here to chose A.
B. Stay put, and put to use what is around you to somehow make water. -Click here to choose B.
Choose wisely.

Comfort Items to Include in Your Go Bag

 On-the-Go-Comfort Items

1.   Hard Candy-Jolly Ranchers

We used to suck on Jolly Ranchers in the Army during long road-marches with a heavy rucksack and they really do help you keep your mind off the misery.

(Plus, for survival, they can act as a good bartering item.)

 2. Tobasco Sauce

There's a reason why a small bottle of Tobasco hot sauce was standard in soldiers' MRE's...

... because the food inside these military meals SUCKS and Tobasco can make anything taste at least "good". 

3. Instant Coffee

If you're like me, your day doesn't start until you get a good 'ol cup-o-joe into your bloodstream.

Keeping as much of your daily routine intact can give you the foundation to meet the day's challenges.

Store some instant coffee packets (even Starbucks makes them!) into your survival food kit.

Oh, and these are another good bartering item for the java junkies who are going into withdrawals without their caffeine fix
 4. Powdered Hot Cocoa

Most of us have a childhood love for a good hearty mug of hot chocolate.  

Plus, besides having a little bit of caffeine in it, the chocolate also has some magical mojo for releasing your body's endorphins ("feel-good chemicals" in the brain). 
5. Coconut Oil

Dietary fat is necessary for optimal health and it doesn't get any healthier than raw, organic coconut oil.  

A small jar has an ultra-long shelf-life (so it will store for ages without going bad)... tastes great right off the spoon... and the "medium-chain triglycerides" it contains are powerful brain-boosters that will keep you calm and focused in any challenge.

I make up a small bag containing all of these "comfort items" and put them inside my survival food kits' plastic storage bins.


 Invented by the natives of North America

Pemmican was used by Indian scouts as well as early western explorers.

These people spent a great deal of time on the go & depended on having: portable, high-energy, highly nutritious, and filling foods that would last for long periods of time without refrigeration.


More Newsworthy notes…

The idea of “FIRE”, which stands for “financial independence, retire early” — has gained traction in the past several years. Many members of the movement live frugally to meet their goals, including biking instead of driving a car, limiting the amount they spend on food and travel and even producing their own food and clothing themselves. But it’s risky. Before “retirement,” many members of the FIRE movement are working full time jobs — often lucrative ones — but they leave all that behind in order to live off their savings for decades. This is what happens when your plans for early retirement are derailed.

Money: Frugal You Say? 30 Ways to Be Cheap Today and Live Richly in Time for Retirement


How would you like to get advice from some of the top entrepreneurs in the world

Well, Amazon has just published a series of short videos that does that.  Each approximately 2-minute video is billed as a Two-minute mentorship and they deliver.

The videos cover a variety of topics that sellers will find very helpful.  A few of the featured entrepreneurs include:

  • Mark Cuban from Shark Tank.
  • Arianna Huffiington (founder of The Huffington Post – now owned by AOL).
  • Tim Ferris (Author of The 4-hour Work Week).
  • Amy Cuddy (Harvard lecturer and author of Presence).
  • Angela Duckworth ( University of Penn Professor and author of Grit).
  • Plus six more.

I watched the entire series (takes less than 20 minutes) and found it full of good ideas that I can use in my business and many of the videos were very inspirational as well.  Click here to see the entire series.

25 “Proven” Ways to Make Money Online Blogging with WordPress



A Final Note…

Contributors and subscribers enable the Poor Man Survivor to post 150+ free essays annually. It is for this reason they are Heroes and Heroines of New Media. Without your financial support, the free content would disappear for the simple reason that I cannot keep body and soul together on my meager book sales & ecommerce alone.

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Tammy said...

Amen brother-wonderful commentary and terrific resources in so many areas!

Dave said...

Terrific resources and observations, many of which we'll share and take advantage of. Yours has always offered some of the best self reliance info around!

Mike said...

I think it is only going to get worse in this country-socialists [they really should split the Democratic party into two parties] will do everything in their power to topple Trump and screw the American people as don't don't give a damn about middle America.