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Monday, March 6, 2023

Economic collapse-Most folks are preparing-Are You?

 

Poor Man Survival

Self Reliance tools for independent minded people…

www.poormansurvivor.net

ISSN 2161-5543

A Digest of Urban Survival Resources

 


The Economic Collapse

Those who can’t flee? They’re preparing too…

Sales of survival bunkers are up 700% over the last 18 months.

Peter Theil says 50% of the billionaires he knows have post-apocalyptic bunkers.

And these aren’t bunkers you build in your garden to escape a hurricane.

They’re multi-million-dollar, bomb-proof, impregnable, self-sustaining ecosystems you and your family can survive in for years…

Firearm sales are already up 65%

Ammunition sales have soared 225%.

Emergency food supply sales are up 1,700%

 

Are You Prepared For The Coming Economic Collapse-The Next Great Depression?

Americans are out of cash.

Consumer debt is at an all-time high, and personal saving is lower than it's ever been.

According to the Wall Street Journal, even wealthy Americans could soon suffer "more than usual."

Inflation Is Completely Destroying Our Standard Of Living-Despite what incompetents in the White House tell you…

 


Inflation is a hidden tax on all of us.  Unfortunately, most Americans don’t understand this.  Most of them cheered when the federal government was handing out free checks as if they were candy.  And most Americans fully approved of the Federal Reserve propping up our financial markets by flooding the system with obscene amounts of money.  But now we are paying the price.  Our money doesn’t go nearly as far as it once did, and the cost of living has become extremely oppressive.

When I heard that one woman had financed a 1998 Ford Escort for $289 a month for 84 months, I initially thought that there must be some mistake.

I knew that used car prices had risen to insane levels, but I never expected to see something like this

 

During tax season, people are often using their returns to buy outrageous things. Normally, people will buy an older model of luxury car, which they usually end up taking a loss on. Other times, people price themselves out by buying a new car that is out of their normal budget. However, there is a woman who has gone viral from Facebook for buying a 1998 Ford Escort under a horrible deal. Not only is she paying over $200 a month for the car, she is paying on it for the next seven years.


Obviously, someone really took advantage of this woman, because a 1998 Ford Escort is not worth much.

But this is the day and age that we are living in.  25 year old Ford Escorts are considered to be valuable assets, and financing of used vehicles is often stretched over 7 years so that poor Americans can afford to make the payments

While she is spending less than $300 a month for her car, the car is already twenty-five years old. This lady has gone viral, because of the promo post, where she is making $289 monthly payments for the next 84 months, which is seven years.

 

The gap between the wealthy and the poor in the U.S. has never been larger than it is right now.

In fact, an entire industry has developed that literally sucks the blood out of poor people so that it can be given to rich people…

 

It consists of a network of hundreds of plasma extraction centers, deliberately built in economically disadvantaged neighborhoods, towns, and cities. Places like Flint, Michigan, and Rexburg, Idaho, and El Paso, Texas. Places where companies know people need money and might do something a little unpleasant to get it. The centers prey on the precarity of people who live in these places, often ignored by the wider public, and a little bit too dark to dive deep under the surface. They use an American mixture of cheery customer service and ever-changing payment schemes that can make plasma sellers feel like they are the ones gaming the system, when reality is the other way around.

 

They draw in more people of color because they are often built in the places where most people aren’t white. It is an industry that takes advantage of baked-in American economic and racial inequities.

 

When the cost of living rises, it hits those at the bottom of the economic food chain the hardest.

The Federal Reserve has been aggressively hiking interest rates in a desperate attempt to get inflation under control, but it is not working


The Fed pays particular attention to the Personal Consumption Expenditures (PCE) price index. The “Core PCE” price index (which excludes the volatile food and energy components) is its measuring stick for the 2% inflation target. Powell has been pointing at the services components of the PCE price index as a hotbed of inflation. And the PCE price index for January, released today by the Bureau of Economic Analysis, was a horror show on all counts.

Not only did all the relevant measures get a lot worse in January, but the prior three months, October through December, were revised higher – much like the CPI inflation readings a couple of weeks ago – showing substantially greater inflation momentum at the end of the year than originally shown. The whole thing throws a lot of cold water on the “disinflation” hoopla.

In particular, food inflation has gotten wildly out of control.

At this point, even Costco is charging ridiculous prices

On Sunday, a Reddit post showcasing the new roast beef sandwich at a Costco location in Lynnwood, Washington, went viral because of the sandwich’s eye-popping asking price.

Costco wants customers to pay $9.99 for sliced roast beef with onion, relish, mayo/mustard blend, lettuce, roasted cherry tomatoes and red onions on a ciabatta roll.

While the 790-calorie sandwich looks good, Reddit users were astounded by the price tag — which is equivalent to a whole Costco pizza.

“10 dollars? Is it the same size as the pizza?” one user commented.

No matter how high the Fed hikes interest rates, food prices are going to continue to go up.

But higher rates are having an impact on employment.  In fact, today another prominent tech company announced that it will be conducting layoffs…

Palantir confirmed on Monday that it’s cutting about 2% of its workforce as layoffs continue to hammer the tech industry.

“We believe our company is at an inflection point and to continue to evolve, we are making the tough choice of reducing teams in several areas,” the company said in an emailed statement. “While less than 2% of our workforce is impacted by these changes, these are incredibly painful decisions but the right ones for the company’s future.”

There is no more debate.



The economy is clearly getting worse.

In fact, a brand new Fox News poll discovered that 78 percent of all Americans believe that “the economy is in only fair or poor condition”

Fully 78% say the economy is in only fair or poor condition, mostly unchanged for the last year.

That’s how the economy remains the top issue, with 36% saying it’s the most important problem facing the country — and it’s the number one choice among Democrats, Republicans, and independents.

But what most people don’t understand is that this is just the very beginning of this new crisis.

Eventually, conditions will get a whole lot worse.

So I would encourage you to make preparations for the hard times that are coming, because a tremendous amount of pain is ahead of us.

***It is finally here! Michael Snyder’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.***

 

Meanwhile, enjoy this parody about stupidity in CA

https://www.youtube.com/watch?v=TwJlKw56l30

 

SIDEBAR



6 Sources of Free Money You Could Be Missing Out On

Are you leaving money on the table? Read on to find out if you’re taking full advantage of these sources of free money.

 

13 Survival Fuels - Which is Best for You?

When it comes to survival, having the right fuel is essential. But with so many options out there, how do you choose the best one for your needs? In this post, we’ll break down the pros and cons of 13 different survival fuels so you can figure out which one is right for you. 

There are many types of survival fuels out there – each with its own set of pros and cons depending on your needs and location – so it’s important to do your research before settling on just one type of fuel for your emergency supplies list.

Here are your options...

13 Survival Fuels - Which is Best for You?


You may also like...

4 Things You Can Burn for Heat Besides Firewood

 

27 Hygiene Products You’ll Need After The SHTF

A few years ago, the New York Times published an article about how a third of people don’t wash their hands after using the bathroom, not even when they're out in public. It’s pretty gross thinking about some stranger's germ-coated hands touching the same chairs, doorknobs, and banisters that you touch, but it's okay since we live in a relatively clean society.

A few extra germs won’t kill you. And besides, there is plenty of soap and running water available, and nowadays there are anti-bacterial gel dispensers everywhere.

However, after a natural disaster or an economic collapse, the level of hygiene in first world nations is going to plunge dramatically for three reasons: no tap water, no sewage treatment plants, and no garbage collection...

27 Hygiene Products You’ll Need After The SHTF

 

SIDEBAR

·         Side Gigs That Can Make You Extra Cash

·         5 Unique Ways To Make Extra Money from Home

·         Turning Your Hobby Into a Job

·         Side Gigs Well Suited for Retirement

·         10 Ways Your House Can Make You Money

 

How to Dehydrate Food with No Electricity

Why have food prices risen so wildly over the last 12 months?

Dehydration is perhaps the oldest form of food preservation. Archeologists have discovered evidence of people sun-drying and air-drying fish, eggs, and game in ancient China and North America.

In the modern world, we often turn to ovens and machines specially designed to remove moisture from food in order to extend its shelf life. But what about when the grid is down? This article explores some of the many ways you can dehydrate food without electricity.

The First Step: Preparation

No matter what means of dehydration you use, preparation is key to success.

 

Repurposing Items for Your Garden and Outdoor Living Space

Want to add beauty and intrigue to your outdoor space without spending a lot? Consider repurposing items to use in your landscape, garden, or outdoor living area.

Money-Saving Ways To Use Up Quick Oats

Do you pass up those BOGO sales on quick oats because you don’t think you’ll use them all up before they go bad? No need to skip those savings if you use these recipes and tips.

31 Things I Never Use

In an attempt to live frugally and make my ecological footprint as small as possible, these are the things I never use. How many could you do without?

 

Free eBook:

==> Lights Out: How to Prepare for The Coming Blackouts <==

This eBook is a PDF, so you can click the link and read it in your web browser, or you can right-click the link and save it to your device.

Here are some articles you may find interesting:

§  13 Scary Things that Happen When an Economy Collapses

§  13 Things to Do Before the Economy Collapses

§  17 Best Jobs To Have When The Economy Collapses

§  20 Skills You Can Trade After The End Of The World

§  Bartering 101: What to do When Money Has No Meaning

§  How to Prepare for Hyperinflation

§  How to Survive the Next Great Depression

 

The 5 Best Animals for Backyard Survival

What will you do if your food runs out and a can of beans costs you $100?

 

The answer? Livestock.

 

Because they’ll give you milk, eggs, meat, and barterable goods, with relatively little work. But...

 

Not all animals are equal. While some are a HUGE mistake.

 

Click Here to Discover 'The 5 Best Animals for Backyard Survival' <<

 

Meal Planning Around Leftovers To Stretch the Food Budget

Meal planning and using up leftovers are two great ways to reduce grocery expenses. Why not combine the two? Think of all the money you can save by meal planning around leftovers!

 

 


 

 

 

Be Ready For The Unexpected-Emergency Supplies Available

Natural & Man-Made Disasters happen frequently-Is your family prepared for the unexpected?

·        Emergency solar/hand cranked radios; First Aid supplies, Emergency kits, 72-Hour Food Kits, Bug-Out Backpacks

·         Open M-F 9:30-5 @ Stor-Your-Stuff 151 N Blacks Corners Rd Imlay City 48444 [near 4th St] *While supplies last-limited quantities.

 

 

Natural disasters don't wait for a convenient time

And you shouldn't wait to prepare either. In some cases there is little to no warning.

Prepare now to lessen the impact of disasters and emergencies

 

Remember:  You can’t buy life insurance after you’re dead!

.

Super Emergency Survival Kit

  •  Solar phone charger
  • 72-hour 4Patriot emergency food pack [25 year shelf life
  • 4Patriot Greens sample pack [Power supplement]
  • 3 Luna Nutrition bars [assorted]+Sunmaid raisin pouch
  • Cleaning Wipe Pack
  • Steel River Emergency Tent
  • Mini  First Aid kit
  • TRS 5N1 EDC folding tool
  • 3-package meal sampler
  • Paracord bracelet w/ compass
  • Reusable Face Mask
  • Personal Water Filter Straw
  • 11-Piece Emergency Survival Kit 

And more…

https://www.bonanza.com/listings/Better-Safe-Than-Sorry-Super-Emergency-Survival-Kit/1143536466

 

Useful Resources from our storefront-See new items!

You Can’t Buy Life Insurance After You’re Dead-Prepare NOW for Emergencies…

A portion of our proceeds is donated to charitable Veterans groups such as Wounded Warriors & the VFW!

 


Support our efforts by shopping my storefront…

http://RetroGuy.net

 

 

 

5 comments:

Rory said...

Quite an in-depth resource-filled article-outstanding!

Kate said...

Got your survival book over the weekend-like this site, packed with good info.

Ken said...

Well done, well said, will use your resources...

Sandra said...

We've ramped up our efforts to prepare thanks to you and many of our extended family members who all feel anxious about the southward direction our nation is taking.

Rick said...

Most people are like Henny Penny the Hen story; the other animals make fun of your 'the sky is falling' outlook until it's too late...or as you put it-You can't buy life insurance AFTER you're dead!'