Many of us have days where we hear something and think “Is this the Big One?” Your chest gets a little tighter and you are glued to the television, internet or radio trying to hear more of what is going on.
There are times when we read something, like this article from Times Online;
The world’s most powerful investors have been advised to buy farmland, stock up on gold and prepare for a “dirty war” by Marc Faber, the notoriously bearish market pundit, who predicted the 1987 stock market crash.
The bleak warning of social and financial meltdown was delivered today in Tokyo at a gathering of 700 pension and sovereign wealth fund managers.
Dr Faber, who advised his audience to pull out of American stocks one week before the 1987 crash and was among a handful who predicted the more recent financial crisis, vies with the Nouriel Roubini, the economist, as a rival claimant for the nickname Dr Doom.
Speaking today, Dr Faber said that investors, who control billions of dollars of assets, should start considering the effects of more disruptive events than mere market volatility.
You can call me Chicken Little, but I am not a fool.
Of course this man in the article above has some legitimate concerns, what he is saying is what many people are feeling. The majority of Americans believe that the US government is broken. This isn’t surprising, in your entire life has anyone that you didn’t know intimately ever put your needs ahead of their own?
There are so many end world scenarios that it becomes muddled, confusing and overwhelming. This can turn into fear or obsession. So, chuck ’em.
For the moment forget the end of the world. It isn’t important. What is important is the safety and well being of your family, then your neighbors. We will worry about the world later, once we have gotten to a self reliant point in our own lives.
And that is the basics of it all, knowing that if things do go bad, you can grow and harvest food, can it, protect it and yourself. Maybe you have skills like spinning wool, or weaving, black smiting or leather working. These lost arts can turn out to be your best friend in two different scenarios.
1 SHTF you can barter
2 Nothing ever happens and you have a blooming business.
When you prep think of it as if things go bad, I’m good. If things go good, I’m great.
As for the article I mentioned, I don’t suggest buying gold for end times (I could be wrong). Farmland is never a bad idea if you are willing to work it, if you are not willing to but really want to buy it, think about the co-op idea I mentioned before. Put someone on the land that will work it, and sell the extra produce for you. Or you can lease it. Just make sure that if anyone is living on your land that they know that you will be there if things should ever go wrong.
Of course these are merely my opinions. But the thing is, I am not overly stressed, I am happy and I have everything that I can think of to live out the rest of my life without outside assistance. With the exception of hay, but that changes in a few months.