Poor Man Survival
Self Reliance tools for
independent minded people…
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A Digest of Urban
Survival Resources
Always
Wise to have a Plan ‘B’
Nearly exactly one year ago, the US federal government
opened Fiscal Year 2019 with a total debt level of $21.6 trillion:
Specifically, the US federal debt on October 1st last year
was $21,606,948,183,180.23
This October is the start of the government’s 2020 Fiscal
Year.
And the total debt is now $22,622,684,674,364.43
That means they accumulated more than $1 TRILLION in new
debt over the course of the 2019 Fiscal Year.
Think about that for a moment:
FY2019 was, literally, the BEST year EVER measured by
short-term US financial performance. The stock market reached an all-time high.
Real estate prices reached an all-time high.
Corporate profits are at record highs. Personal income is
at a record high. Unemployment is hovering near an all-time low.
And all of these factors drove US government tax revenue
to an all-time high; Uncle Sam has never had more income in its entire history.
Plus, there were no major foreign wars or natural
disasters. No banking crises or economic panics. No massive bailouts.
And if you recall, the US government was shut down for
most of the month of January due to a budget conflict, so federal spending was
at a minimum for a good chunk of the year.
Yet despite this bonanza of good news, the national debt
STILL increased by more than a trillion dollars!
HOW IS THAT EVEN POSSIBLE??
Here’s an even more startling way of looking at it:
In Fiscal Year 2012, the government spent $359 billion
paying interest on its debt. In Fiscal Year 2015 they spent $402 billion.
In FY2017, $458 billion.
In the Fiscal Year 2019 that just closed yesterday, they
spent more than $540 billion just paying INTEREST on the debt.
Do you see the pattern?
This problem becomes substantially worse every year. And
FY2019 was a GOOD year!
What’s going to happen when the economic sun isn’t shining
so brightly?
It would be foolish to expect every year to look like
Fiscal Year 2019. Honestly, the combination of so much good news and so little
bad news in FY19 was pretty rare.
There absolutely WILL be problems in the future. Recessions,
panics, downturns, bear markets, natural disasters, trade wars, military
conflicts, debt crises, pension crises, etc.
Many of these risks are already on the horizon.
Then you have to think about how quickly the Bolsheviks
are storming to power.
These people want to dump trillions of dollars on the
Green New Deal, Medicare for All, Universal Basic Income, free university
education, and pretty much everything else that Karl Marx wrote about in the
Communist Manifesto.
How much additional debt are they going to pile up in the
process?
The US government’s mountain of debt already exceeds 100%
of GDP, and that number gets worse each year.
How much longer will everyone keep pretending that the
world’s biggest debtor is simultaneously the world’s biggest superpower?
How much longer will financial markets and foreign
governments continue loaning money to the US government at trivial interest
rates?
5 years? 10 years? 13 months until the next election?
No one knows for sure. But you don’t need a PhD in
economics to realize that this might not have a happy ending… or that you might
want to think about a Plan B.
Always Safe, Always Prepared,
P.S. It's time you knew the truth about the sheer
magnitude of trouble our country is in and how you can avoid getting crushed
when our creditors start calling in our tab. No American deserves to be
swallowed for the mistakes of our government.
NOTE:
You’ve clearly got to be
careful with your money and keep it out of the reach of ANY government.
But how?
Well, here’s my plan that
I mentioned to you last week.
Whatever
you choose to do, just remember, it’s not only the US Government that can be a
pain-in-the butt.
You’ve got
to beware of the Russians, Chinese and everyone else out there too.
Postscript & Other Relevant Posts
U.S. consumers are doing right now. According to CBS News, a major new study that was
just released found that 70 percent of all Americans are struggling
financially…
Many Americans remain in precarious financial shape even as the
economy continues to grow, with 7 of 10 saying they struggling with at least
one aspect of financial stability, such as paying bills or saving money.
The findings come from a survey of more than 5,400 Americans from
the Financial Health Network, a nonprofit financial services consultancy. The
project, which started a year ago, is aimed at assessing people’s financial
health by asking about debt, savings, bills and wages, among other issues,
NOTE: As we’ve pointed out many times over the
years, the average citizen does not budget well and seems unable to manage
their finances…buying on impulse, taking expensive vacations, $1,000 I-Phones,
tattoos & expensive nail salon work, etc.
As more Americans become less self reliant [thanks in large part to
schools & the nanny state programs pushed by progressives] the more
hand-to-mouth their existence.
Perhaps they
should think about government work-Oh wait, even two-income government workers
can’t manage money [the primary problem] & were eating ‘spaghettios out of
a can’ within 3 weeks of the federal government shutdown!
The findings come from a survey of more than 5,400 Americans from
the Financial Health Network, a nonprofit financial services consultancy. The
project, which started a year ago, is aimed at assessing people’s financial
health by asking about debt, savings, bills and wages, among other issues.
The Fair Workweek laws are designed to solve this problem. “They
enforce fair scheduling practices to ensure workers have ample notice
(typically two weeks) of their schedules and paid accurately and on time for
their work,” Hardwick says. “As the name suggests, Fair Workweek laws aim to make
unpredictable scheduling practices tenfold more fair — and predictable — so
that workers can manage their lives outside of shiftwork more easily.”
The Federal
Reserve is now directly monetizing US federal debt. Sure, it's not admitting to this. And it's
using several technical jinks and jives to offer a pretense that things are
otherwise. But it’s not terribly difficult to predict what's going to happen
next: the Federal Reserve will drop the secrecy and start buying US debt
openly.
Socialists promote victimhood
which can only be solved through spending your money and enlarging the Nanny
State. They discourage self reliance or
people who think for themselves.
There are
few people left who remember when gold and silver were money.
Prior to the 1930s, banks were required to
exchange your cash for gold and vice versa. Dimes, quarters, half dollars and
dollar coins were made of silver. Dollars were backed by silver and gold.
That is when money was real.
Unfortunately, the gold standard effectively
ended in the 1930s. President Franklin Delano Roosevelt claimed to fear that
gold imposed a straitjacket on the banking system and credit creation. And if
Americans hoarded gold, the economic crisis might deepen.
On March 6, 1933, two days after his
inauguration, Roosevelt barred banks from paying gold to depositors.
On April 5, he outlawed "hoarding" —
Americans had to redeem all gold coins above $100. "They [the people] came
with little bags, briefcases, paper bundles, boxes or bulging pockets,"
reported one newspaper.
Roosevelt also devalued the dollar in terms of
gold. For years, it had been $20.67 an ounce; the government would buy or sell
gold at that price. On Jan. 30, 1934, he set a price at $35 an ounce for
foreigners. In practice, the nearly 70 percent devaluation meant that the gold
backing for the paper currency was so ample that money and credit could expand
without encountering legal restrictions.
Many people know about FDR's Executive Order 6102, which confiscated gold from the people and criminalized the possession of monetary gold by "any individual, partnership, association or corporation." But not as many people know about FDR's Executive Order 6814, signed on August 9, 1934, that "required all persons to deliver [their silver] to the U.S. government."
Many people know about FDR's Executive Order 6102, which confiscated gold from the people and criminalized the possession of monetary gold by "any individual, partnership, association or corporation." But not as many people know about FDR's Executive Order 6814, signed on August 9, 1934, that "required all persons to deliver [their silver] to the U.S. government."
In exchange for the silver, people received a
payment of $1.29 per ounce in the form of "standard silver dollars, silver
certificates or any other currency of the United States." But government
placed a "fee" (read tax) of 61.32 percent taken out of the $1.29 per
ounce for "seigniorage, brassage, coinage, and other mint charges"
that reduced the payment to about 50 cents per ounce.
The order required that all silver situated in
the U.S. with a fineness of 80 percent or more; and silver held in quantities
over 500 troy ounces by any one person, be turned in to government…The lesson:
stock up on silver and gold.
Do You Want
a Bigger Nanny State; to Give Up More Freedom?
RELATED RESOURCES
5 Apps to Help Block Robocalls
We all are totally frustrated by getting multiple robocalls a day both at home and on our cellphones. Here are five apps to help flag, divert, or block those pesky calls. Nomorobo also works with some landlines and is free for that.
Soros
Group Eclipses $70 Million Spent on Lobbying Since Trump Took Office
Dark Money Network Funneled $600
Million to Liberal Initiatives in 2018
People need to become more
self-reliant, not more dependent on government.
How to Survive the War on the Middle Class - Download at: https://1drv.ms/f/s!AgMpmQI6plfXh0T3zKGDM-c3PUnr or here:
http://1drv.ms/1d9kfiU
MORE USEFUL RESOURCES
If you're reading this, you probably already know the
basics: water, food storage, first aid, etc. But even hardcore survivalists can
overlook things. In this post, I'm going to list 100 survival items you might
have forgotten to buy.
Originally, this was a list of 50 survival items, but since
then, I've gotten all sorts of comments and messages from people telling me
about other things preppers often forget. Once I had 50 more, I added them to
the list. Now there's a total of 100.
To be clear, this isn't meant to be a
comprehensive list of every survival item you'll need. It's just a list of the
ones that are often overlooked. Hopefully, it will help you fill in any gaps in
your survival plan. For everything on this list that you already have, give
yourself a pat on the back...
FREE samples of Super Drink
used by the U.S. military
No strings attached.
Claim your free sample here.
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Claim your free sample here.
7 Websites for Selling Your Clutter - Safely
These
websites will pay you for your unwanted items — no meet-up necessary.Plus: Don't Toss These 7 Household Items - Sell Them and 8 Surprising Household Items You Can Sell for Fast Cash
The
IRS announced a sole-source contract to BioCatch for a proof-of-concept that
would incorporate behavioral analytics for the agency’s...Read More
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.
Useful
Resources from our storefront-See new items!
You Can’t
Buy Life Insurance After You’re Dead-Prepare NOW for Emergencies…
Finally,
grab an emergency power cell or solar/battery radio weather radio!
Having
a Solar Power Cell on-hand for emergencies keeps your essential electronics up
and running in case you need to call for help.
2 comments:
Scary but deep down inside I suspected as much - appreciate the many resources!
I learned long ago to always have a backup plan & all of this just makes sense. Many are clueless so this will be lost on them.
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