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I also find it to be hilarious that the prepper-crowd focuses on the US for their doomsday fantasy... a country with low population density, with lots of small private farms, a plethora of guns, a network of highways connecting lots of small towns, plenty of mountains and forest-ranges and coastline and places for "personal retreat". Would it not be the case, that a far more grievously vulnerable place would be Europe, or Japan, or Israel, or even China? No, instead the doomsday focus is on the US (or maybe Australia). Why is that? Is that because of inherent vulnerability of the land or the people? No, it's the culture.
I saw Patrick Swayze in Red Dawn. Wolverines!
I disagree. The disaster will be in the United States because that's where the preppers live. What's the point in preparing for the zombie apocalypse if Europe gets invaded and not the US?
they can't succeed so they want everyone else to fail?
Come now! Admit it! Misery loves company! It's called being human!
You lose your well-paying job, your co-worker keeps her job, and what do you say to her?
"I'm so, so happy for you that you kept your job and I lost mine!"
One entertainment for me when the economy collapses is watching the city, county and state scrambling to balance their budgets, and some government workers losing their jobs, and seeing my property taxes falling!
In the last Great Recession here in Las Vegas, my property taxes fell as low as $320 a year, as the appraisal on my townhouse fell from $175k to $40k! Now, back up again!
Petrol is going to have it's final party pretty quick. It will be worth something for a long time. Coal has been worth something for a long time, but the winds of change are eroding it.
Natural gas is a current substitute, wind and solar are up and coming substitutes, cars are getting more efficient all the time....but the game changing killer is coming out of Lockheed Martin's Skunkworks.
They believe they will have commercially viable fusion in 5 years.
I disagree. The disaster will be in the United States because that's where the preppers live. What's the point in preparing for the zombie apocalypse if Europe gets invaded and not the US?
Truth!
I have to spread rep around before repping you again ...
Petrol is going to have it's final party pretty quick. It will be worth something for a long time. Coal has been worth something for a long time, but the winds of change are eroding it.
Natural gas is a current substitute, wind and solar are up and coming substitutes, cars are getting more efficient all the time....but the game changing killer is coming out of Lockheed Martin's Skunkworks.
They believe they will have commercially viable fusion in 5 years.
Fusion was supposed to be "the energy of the future" back when I was in high school. I'm now retired (at FRA). At this point, I'll believe it when I see it.
Fusion has been all but proven impossible. However, Thorium is possible and could be the nuke of the future if research would divert money away from stock and real estate bubbles.
You come across these doom and gloom people every year
And they're always SELLING something... books, gold, asset management, annuities, etc. Just ignore these people. 80% of market timers fail over any reasonable time period.
And they're always SELLING something... books, gold, asset management, annuities, etc. Just ignore these people. 80% of market timers fail over any reasonable time period.
You've gt that right. About a year or so ago I was walking and surfing the radio and happened to come across Sean Hannity. I listened to him for a few minutes and all he did was talk about how bad everything was and how the US was on the road to economic disaster. Of course, this was immediately followed by a commercial with him pushing gold for "these troubled times"!
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