Guest Post : Two Decades Of Greed - The Unraveling

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Mon, 06/14/2010 - 09:46 | 412413 FourWude
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All things must come to pass my child. Yearn not for that which you will detest.

Mon, 06/14/2010 - 10:35 | 412491 WaterWings
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Elected bastards don't even understand the basic laws that protect us. Congressman Assaults Student on Washington Sidewalk:

Mon, 06/14/2010 - 10:12 | 412457 Blindweb
Blindweb's picture

No one said anything about an apocalypse.  Your narrow method of thinking translated the article into single digit binary.  0 or 1.  Apocayplse or Utopia.  In reality, many will die, but most will live in ever declining conditions.  A 10% loss in average life expectancy could wipe out 50 years of gains. 


Then again: peak oil->mass povert->malnutrition->plauge, and maybe we'll get the apocalypse you're looking for. 

Mon, 06/14/2010 - 13:03 | 412778 Gully Foyle
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Really dude? Where the fuck you been? Half the goddamned posters here claim Apocalypse. You know the fucking Gold and Guns crowd.

My "narrow method of thinking" was a tease at that specific group, and by extension everyone else who has read what they say.

Your narrow perspective has caused you to misinterpret.

Do try to fix that.

Mon, 06/14/2010 - 10:11 | 412464 Hondo
Hondo's picture

Economic events don't work nicely on your time table....."Survive the worst and prosper afterwards"????  Well, the markets are no better than they were 11 years ago trying prospering on that.  Every generation may or may not take their turn in the barrel.  Wars, depressions, etc.......the generation that is within 10 years of "proposed" retirement is going to hit the wall and when that happens it's going to reverberate all the way down the food chain.

Be patient...your turn in the barrell will come soon enough.



Mon, 06/14/2010 - 10:21 | 412474 mtomato2
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You're right. It's "All Goooooood."  Always has been, always will be.


Nothing bad ever happens.  It's great to be human.

Mon, 06/14/2010 - 10:58 | 412537 YourAverageDebtSlave
YourAverageDebtSlave's picture

Wow another gloom and doom article to usher in a new week.  Thanks a million ZH.

I've been on the world is ending camp for a while, and have been changing my view.  I'm a bit tired of reading all the ideological circle jerks that seem to take place online.  I wonder how many of these authors are doing anything to come up with or implement solutions. Pessimism breeds more pessimism and encourages so called intellectuals to talk about the poor state of the nation while sitting there with their dick in their hands doing jack shit.  Great Captain Obvious the USA is going down the drain and you've given an excellent historical overview why that's the case.  What the fuck does your rant do to help future generations? 

It takes real intellect and courage to come up with solutions and implement them.  These type of articles are a dime a dozen and have no value to the masses.  It's like my doctor telling me I have cancer, then telling me how my lifestyle has contributed to me contracting cancer and then saying that's all. 

I'll be pleasantly surprised the day I come on Zerohedge and they have an article titled "10 Things We Can Do Today to Change the Path of Our Nation for Our Children's Benefit."

Mon, 06/14/2010 - 11:24 | 412575 falcomadol
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I don't know if there are ten things that can be done to that end.

Not in the context of "the United States as we know it must survive."

I've also been in the doom camp for a good decade plus, working in audit and finance that entire time.  I've never been on the "easy money" side of it.  It's hard to be a doomer when there are so many people with little to no capacity to do jack shit who are making so much money.  There are guys fresh out of college who should be working lines at a linen mill manning phones at Fidelity as glorified secretaries (no one ever calls to talk to them, they call to talk to their bosses) making more than I've ever made in my life.

Did I make a wrong turn?  Was my calculation incorrect?  Is my soul and identity worth the financial sacrifices I've made?  As the collapse continues to be postponed these quesitons become more and more poignant.

Mon, 06/14/2010 - 16:11 | 413231 cougar_w
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As the collapse continues to be postponed these quesitons become more and more poignant.

Why? Because now you wish you had joined those empty suits on the phones creating nothing to serve nobody for no purpose in a universe that regularly eats the unnecessary?

The collapse (whatever that means) has nothing to do with it. There is a right side and a wrong side to this that has nothing to do with acquiring the most toys before the wheels fall off the toy wagon.

We're trying to save a species here. We're not doing a very good job of it. That worries me, just a bit. If you know what I mean.

Mon, 06/14/2010 - 16:26 | 413266 DaveyJones
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dig your first sentence

Mon, 06/14/2010 - 11:55 | 412644 skyun
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I couldn't agree more.

Mon, 06/14/2010 - 12:20 | 412693 Thoreau
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Agreed. It's all too easy to become overwhelmed with the trials of the world; thus paralyzing the motivation to make changes within our own spheres of influence.

Yet most folks enjoy a good drama or horror flic. Human nature.

Mon, 06/14/2010 - 13:03 | 412774 Inspector Asset
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Point well taken.

When are we going to talk solutions instead of just pissing on the fire.,,

I will come up with the essay, Things We Can Do Today to Change the Path of Our Nation for Our Children's Benefit.


Give me until Friday, since I have alot on my plate this week.


In the mean time get a good laugh about Goldman at

something about an Investment Yacht

Mon, 06/14/2010 - 16:26 | 413258 cougar_w
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I will go out on a limb here and predict that none of your recommendations will involve living with 95% less of virtually everything except food and water.

Well actually you could cut the whole thing down to that one item and stop right there.

See, and it didn't take me to Friday.

Not being critical or cynical really (oh well maybe a little) but I detect a lot of hand-waving whenever the subject of "what to do" comes up, and I suspect that most of that is because nobody wants to change anything. Certainly nobody wants to go back to a time before all this inhumane nonsense was launched.

Meaning, 300 years ago.

95% less, courtesy of Dame Physics. She's waiting for you out there, biding her time, she's just gonna love the look on your face when you turn some corner and she head-slaps you into the dirt and says "the dust under you is your 5% and good luck."

Thermodynamics is a bitch, isn't she?

Mon, 06/14/2010 - 22:22 | 413946 StychoKiller
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Someone will come along and propose to be our "Savior" (i.e., a totalitarian dictator)

and cut the Gordian Knot, when what is really needed is someone with Intelligence and patience to unravel the knot WITHOUT using cutting implements!

Mon, 06/14/2010 - 13:48 | 412895 greyghost
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well said youraveragedebtslave, oohhh for one thin dime for every one of these rants, with nary a solution amongst them...united states notes....


Mon, 06/14/2010 - 14:44 | 413025 Al Gorerhythm
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Mon, 06/14/2010 - 13:58 | 412919 docmgmt
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I don't know if it'll get posted over here, but one person writing about what can be done to fix some of the fundamental structural problems in society is Charles Hugh Smith, on his blog at

Mon, 06/14/2010 - 14:22 | 412977 Slash
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myopic view is myopic. The fix is the collapse. The whiping clean of bad debts, creditors who made stupid loans going bust, over extended and over leveraged companies going bust, with only the strongest surviving. Seizure of credit markets was the 1st step in the market trying to correct itself.


There is no painless "fix" to our problems as detailed in the article. Just as with cancer, there is no magic painless pill that makes it go away. You have to take the pain of chemo and possibly worse.


Most people who write articles like this assume the reader has basic economic knowledge to know the fact that the collapse is the fix.

Mon, 06/14/2010 - 14:24 | 412983 jomama
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i'd love to hear about the steps we can take to remove the oligarchy, the corrupt politicians and the bankers that pull their strings.  if you've got any ideas, i'm all ears.

JFK was the last president 'of the people' who tried to right these wrongs. and they blew his head off. 

Mon, 06/14/2010 - 17:16 | 413372 YourAverageDebtSlave
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Introduce complimentary currencies within your local community that promote local sustainability.  Timebanking, Hubspace's Ven, the Cyclos are just a few alternative currencies that exist in small communities across the globe.  Without the dollar as a currency their power starts to decrease quickly.  The implementation of an alternative currency depends on local community solidarity, so it is quite a task.  But the alternative is to bend over and continued getting gangbanged up the ass by D.C. and Wall Street.

Mon, 06/14/2010 - 15:21 | 413102 SteveNYC
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I'll be pleasantly surprised the day I come on Zerohedge and they have an article titled "10 Things We Can Do Today to Change the Path of Our Nation for Our Children's Benefit."


#1 (courtesy of ZH and its contributors) - Awareness

#2 (courtesy of SteveNYC) - Personal responsibility


Now, let's see if you can build on it.....

Mon, 06/14/2010 - 16:50 | 413329 JohnG
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Take your children and leave?

Mon, 06/14/2010 - 18:38 | 413573 SteveNYC
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LOL!! For some, sure.....

Wed, 06/16/2010 - 05:05 | 416670 theprofromdover
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No.1 Small is beautiful.

No.2 Do unto others as you would have done to you.

No.3 Your first personal duty is to safeguard the future of your children.

No.4 No man is an island (merely a peninsula)

No.5 Money can't buy you love.

Mon, 06/14/2010 - 16:16 | 413245 thefatasswilly
thefatasswilly's picture

Instead of complaining about it and becoming the very whiny bitch you're bitching and whining about, why don't you begin? Give some solutions, man. You're obviously qualified to do so, seeing as how you complain so effectively.

Mon, 06/14/2010 - 17:24 | 413353 YourAverageDebtSlave
YourAverageDebtSlave's picture

Fatass, thank you for the challenge.  Chances are you won't actually read this or put it to use, but nevertheless here' some solutions from another forum I belong to (the whole site is full of solutions):

Community Building:

Food Storage (Execution):

Food Storage (Preparation - lots of great links from many posters in this thread):

Freeze Dried Food:



Square Foot Gardening:



Lowesville Seminar:


Coping With 3E Issues: 

Family and Friends:


Home Gardening:


Emergency Supplies:

Emergency Food:

Off Grid Refrigeration:

Baking/Cooking Without Power:


Becoming a Farmer:

Renewable Energy/Off Grid:

Trading/Investing (Be careful with this one, it's not advice, lots of good discussion from different perspectives.  Bottom line, do your own work to learn and apply):

...and my personal favorite

Mon, 06/14/2010 - 18:00 | 413492 ColonelCooper
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The problem is, "O' Angry One", that none of your links solve anything.  They are simply ways for people to become more self sufficient and live through collapse.  Most of the Gold -n- Guns crowd disparaged upon in this line of thinking are already doing that anyway.

None of what you're suggesting means Jack Shit if it doesn't incorporate some sense of community and awareness building. 

To simply be able to say, "I have a garden and you don't.  You're fucked and I'm not." is no solution, anymore than if I say, "I have gold and you don't."

Back to the drawing board.

Mon, 06/14/2010 - 22:58 | 413986 marc_hanes
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I agree with the rebuttal. But only in part. Really no one has substantive "solutions" to the mess so complaining about the lack thereof such does not advance things. We live in age of emotional venting. Everything we post, our respective IP addresses, etc. are logged. The door can be kicked down at any time. To me, it's more a situation of diminishing risk over a medium term horizon. A friend has a 150 acres in Virginia. I am welcome should that be necessary? Are any of these acres developed? No. I am still young and strong to help develop this property should it be necessary. More to the point, I have no idea what kind of inchoate "community" could arise out of 20-30 people trying to figure shit out on these 150 acres (which would then only be recognized by illegitimate Forces). You seem to want a drawing board where none can exist. Breathe until you don't.

Tue, 06/15/2010 - 06:53 | 414278 ColonelCooper
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I'm looking for no drawing board.  The writing is already there, and I think you just posted an accurate brief summary.

I raise food, garden, butcher, can, pickle, smoke, hunt, on and on and on.  I haven't solved anything whatsoever.  I just maybe have a slightly better chance of seeing the end of the decade than someone who doesn't.

I was simply responding that his links weren't solutions to any societal problem, other than perhaps for his own narrow ass to slide by another few years.  I just found it somewhat humorous that he was getting so pissed off about nobody offering answers to the ills of society, then posts links about how to survive by yourself.

Tue, 06/15/2010 - 10:50 | 414555 YourAverageDebtSlave
YourAverageDebtSlave's picture

Personal responsibility is about the only answer to the ills of present society. If 75% of the population worried about how their narrow ass could slide by  or doing the things you are doing instead of watching Lost or American Idol our society would be much more self sufficient and I'd be willing to bet the government wouldn't be pulling the shit they are right now.  The masses would be to smart and wouldn't hesitate to take things into their own hands because it would already be a way of living .  Right now people are too dependent on the nanny state.  Lastly Cooper, your response shows you didn't go through all the links or read what was in them.  As a result your response is lacking in credibility.

Mon, 06/14/2010 - 17:59 | 413484 nuinut
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Mon, 06/14/2010 - 12:03 | 412662 Currently Smoki...
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The lesson from 'The Boy Who Cried Wolf' was never intended to be that there are no wolves.

Mon, 06/14/2010 - 13:05 | 412781 Gully Foyle
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 Currently Smoki...

Just lying bastards.

Mon, 06/14/2010 - 13:02 | 412770 Oh regional Indian
Oh regional Indian's picture

Wow Gully, pretty knee jerk response from a normally sanguine man.

I for one think this is brilliant, both Strauss and Howwe adn Quinn's threading a clear narrative, verifiable facts, clear cause and effect.

I can see the same thing happening here in India, slightly different scale, but the parallels are staggering.

Same for Japan, another country I've seen/dealt with closely.

In the vortex of super cycles and especially in the context of the super colliding super cycles we are in the midst of today, it is not the END that is imminent, it is an end.

The end of an era. The end of an age. The end of an experiment in a way of life that was clearly not sustainable, not for the US, not for the world.

We on the other hand might end, but I don't think the life we are currently living are really worth protecting.

The next turn will look nothing like this one. Heck, even astrologically speaking we are entering a new age.

We can just be ready to transition bravely with eyes and minds fully open, detached from possession of all but our equanimity.


Mon, 06/14/2010 - 22:29 | 413953 StychoKiller
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Kali is NOT going to go away without a fight, and blood -- lots and lots of blood!

Mon, 06/14/2010 - 13:03 | 412776 DavidPierre
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 Jim Quinn has been circle-jerking this  moronic 'Fourth Turning' theme with his syphlitic homeys on his blog...

for the past year and a half.

Oh! ... he's good with the charts and graphs and all that other common and easily available official BS ... likes to pretend he isn't a McMansion dealing, bureaucrat Neo-Con Psychopath...but

Ask him to explore the scientific facts about 9/11 ...

He completely toes the government line. He swallows all of the 'official lies' and deletes and censors every thing unless you agree with him.

His former Webmaster booted him off and shut down his previous blog a few months ago for his overt Racism and Foul Mouthed abuse of any one who might challenge his narrow, Nazi/Fascistic views.

+10 Gully...

just more blah blah...blah... from a clueless jerk.




Mon, 06/14/2010 - 13:20 | 412819 DavidPierre
DavidPierre's picture

A typical post that Quinn lets stand...

I strongly suspect that 'NeoCon' is actually Quinn...

"neocon says:

Goldopussy—-Why even bother to contaminate this blog with your socialist ranting? Europeans are all little pussy cowards, including you. Especially you. I used to read your delusional comments on TBP #1, and they were all the same. That’s what comes from wimpy European trash like you. You want so desperately to be American but nature played a cruel trick on you, didn’t it ? Instead of being born of good stock from the finest nation, you were born with genetically inferior bloodlines on the miserable shitty continent of Europe. The source of your terminal misery is that you know, as do all Europeans, that you are worthless half-humans. Worthless fucking halfwit, half-humans. By contrast, I was born of impeccable breeding, of the finest, superior bloodstock, in the greatest nation on earth. And you understandably resent that, being the inferior chickenshit pussy that you must be, since all Europeans are. Tough shit, Goldopussy."

This is mild compared to some of the more porngraphic/obscene material he encourages on his blog.

Mon, 06/14/2010 - 14:20 | 412971 Roger O. Thornhill
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I think the apocalyptic scenerios are a bit much - outside of nuclear war or an asteroid hitting us.

Markets tend to go on, supply chains are reconfigured. I always look at Somalia as an example - a complete disaster, yet the market stalls are all there - buying and selling goes on.

What I see is that we are weighed down by some very (exceptionally) heavy debt and this will eat into our standard of living to the point where we will become something of a beaten down economy. People will have less and less and we will begin to resemble the third world. Very, very rich, and very very poor. Politically this is wonderful for TPTB because it is easy to manipulate a third world population. Just keep giving some form of bread and circuses to keep the plebes fooled and happy, look at the Peronistas of Argentina as the example. 

Anyway, we won't get to bullets outside of a civil war or nuclear war. That is fantasy thinking.

And just quickly I will expand on this. Credit freezes - immediately the govt will step in and backstop the whole thing with unlimited cash - no one is going to throw up their hand and say we can't fix it. Think any scenario you want, they will backstop with money, with food, with gold or silver - they aren't going to give in - that is where fantasy ideas fall apart. They will back this up with the army, air force, and the national guard. They will distribute food by airlift, by commandeered trucks and trains. Again, if you look for a road warrior scenario (outside of a full on war of some kind) you will be wrong.

We would probably be better off if we had some form of a full stop and settled the whole mess at once - I only hope for this, as this will unsaddle us from the debt nightmare quickly, before the entire population is dependent on government largesse. Otherwise our slow descent will get us the petty tyrants (we deserve) running the show. All under the banner of fairness, reform, equality, etc. Tyrants love enforcing fairness - tyrants always derive their power from "righting" some perceived wrong. Unless we discover some amazing "new thing" (hint: it's not an iPad) or we find a way to cancel these debts quickly we will just have a much more reigned in lifestyle - probably with riots and breadlines.

And we will just slowly sink - until our new savior (dictator) arises.

Mon, 06/14/2010 - 14:49 | 413042 WaterWings
WaterWings's picture

I always look at Somalia as an example - a complete disaster, yet the market stalls are all there - buying and selling goes on.

Yes, you are absolutely right about your example 17th World country where people grow their own food and take their own goats out to pasture. The sun still shines. The gangs still rape and pillage. I wonder how that would work in America?

Anyway, we won't get to bullets outside of a civil war or nuclear war. That is fantasy thinking.

Right again! We will never see organized masses beyond state level ever again because of Predator drones and observation blimps that can track 10,000+ movements at the same time. Ha! Civil war is fantasy. There is no country to take back. By the time people start to organize "We want our country back or else!" they will find their supermarkets empty and realize that human flesh isn't as bad as the movies make it out to be. And nukes. Seriously, what world leader is crazy enough to actually attempt to use one. That'll never, ever, EVAR happen.

And just quickly I will expand on this. Credit freezes - immediately the govt will step in and backstop the whole thing with unlimited cash - no one is going to throw up their hand and say we can't fix it. Think any scenario you want, they will backstop with money, with food, with gold or silver - they aren't going to give in - that is where fantasy ideas fall apart. They will back this up with the army, air force, and the national guard. They will distribute food by airlift, by commandeered trucks and trains. Again, if you look for a road warrior scenario (outside of a full on war of some kind) you will be wrong.

Jeez, this one is a helluva rubik's cube. Anyone thinking that Mad Max can't happen hasn't seen it recently. The first movie. Wifey goes to the beach, thinks she's safe, roving gang decides they want to pester her, she gets run over, Mad Max goes on vengeance rampage, THEN the world collapses into Road Warrior. Mad Max is highly plausible. Oh, but this part was funny though. True, true, but hilarious:

They will back this up with the army, air force, and the national guard.

LOL! Yes, they will shoot guns around and bark orders but they will not save the day. They will want to go home to be with families once hyperinflation that will never occur actually occurs. Or will shooting and barking orders stop hyperinflation? Oh you forgot the Coast Guard. Oh, well, there not really part of the military that protects American interests anymore. They are following BP orders. That's okay, we didn't need them anyway. What were they going to do? Float out in boats and tell us there is oil in the water out there? We can already see that. Go guard some Bottlenose dolphins in Perdido Bay, Admiral Thad. And don't ever come back you Domestic Enemy.

We would probably be better off if we had some form of a full stop and settled the whole mess at once - I only hope for this, as this will unsaddle us from the debt nightmare quickly, before the entire population is dependent on government largesse.

LOLOLOLOLOL - okay, the jokes on me. Hardy-har-har. I thought you were serious at first.

probably with riots and breadlines.

We already have breadlines: food stamps. If there are ever real breadlines I would not be standing in it because that makes you a periiiiiiime target. Why stand in line when you can rob the old lady walking home? It will be funny to see people standing in line because they won't realize it until it is too late that they should have gotten out of the city and turned into farmers. Yeah, I don't think we'll see many breadlines that last for too long once the JIT inventory supermarkets empty and poor people start burning stuff. And no, the poor people won't use nukes because they don't have nukes. Maybe .38 Specials or even AK-47s that were pulled out of someones Cold. Dead. Hand. or maybe a drug deal gone bad "I got a glock pointed at you sideways which means I'm really serious!"

Mon, 06/14/2010 - 15:03 | 413072 superman07
superman07's picture

Historically armies disband and protect communities / family when threatened internally, or command and control disintergrates. values present before they joined will still be prevelent. Those that wish to do harm, will.

Mon, 06/14/2010 - 15:30 | 413124 Zina
Zina's picture

Not if californian soldiers are put to kill ohian citizens, and ohian soldiers put to kill californian citizens.

And electronically controled drones don't disband.



Mon, 06/14/2010 - 15:35 | 413130 AnAnonymous
AnAnonymous's picture

Where in history did you go to fetch that conclusion on armies protecting families and stuff?

Mon, 06/14/2010 - 15:19 | 413096 Mr Lennon Hendrix
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"FIAT bitches!  I always look at Somalia as an example."  Move there, I dare you.

And what happens when the dollar is religated to the currentsea of a third world?  They can backstop it with currentsea all they want, throw paper in a fire, see what happens; you get a minute of warmth, good for you.  Backstop with food, what, corn?  Food is in a limited supply.  And PMs?  From where Fort Knox?  Surely you meant Tungsten, we will mitigate the problem with Tungsten....

And with oil production peaking in '05, 5 years ago, how will we cheaply service the military vehicles?  Tell me Unicorns piss light sweet crude, I'll believe you.

You see, you are giving the tyrants way too much credit.  They can not just pull this scenario out of a hat.  Their time is up.  It is your time to shine.  And I do not mean like that Tina McBride song.  On that note, why are people still listening to pop music?  I thought by now America would have woken up and stopped drinking the kool aide.  It has mercury, didn't you know?!

Check it out, she looks like a singing zombie.....

Sunny D Commercial-Martina McBride-Shine on:

Study Finds High-Fructose Corn Syrup Contains Mercury:

You know man, we are already in th Road Warrior scenario, but it is the beginning, and that is why you can not figure it out.  It is still outside your paradigm.  Your dictator is here, and has been for about a hundred years.  Say hello to the Fed.  You see, to make my point, what they have to mitigate the problem, is FIAT.  This FIAT is pretend.  You are pretending to fall into obscurity, and you will be saved by your pretending.  This is the same as a created reality that lives in hell but does not know.  Have some Sunny D, and shine on!

Mon, 06/14/2010 - 15:47 | 413162 AnAnonymous
AnAnonymous's picture

And with oil production peaking in '05, 5 years ago, how will we cheaply service the military vehicles?  Tell me Unicorns piss light sweet crude, I'll believe you.


Okay, a big digression to answer this one.

Where will people get fish if the oil spill is what they claim to be? From the mouths of frugal people, that is where they are going to take it.

People with a high rate of consumption will beat people with a slow rate of consumption.

The consequences of decrease of oil extraction capability will impact the US army with a delay. And in all cases, it will affect selectively people. It wont be a homogenous decline in terms of consumption. Some entities will keep consuming a lot while others are going to be pushed out of the consumption circle.

The US army is a huge consumer of oil with a high rate of consumption.

Where will the gas come from? From the tanks of people who consume much less. So mostly from cars practice  from the western world (some other people's oil consumption is so low the US army cannot predate on it, too marginal gains)

In a context of decline of oil extraction, the US army will keep a superior consumption level to anyone (does not mean that the US army will not lose projection capabilities in the future but it means that when the US will no longer be able to project over a certain distance, no other army in the world will be able) and will definitively tap in the oil reserve composed with US, Japanese and European car drivers.

The US army will eliminate them as competitors in the race to oil consumption and will keep a relatively high level of consumption.


Mon, 06/14/2010 - 17:59 | 413486 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

With what?  The DOLLAR?!  They will use the dollar?!?!?!  My point is the dollar, and all FIAT, will not serve this memorandum.  The dollar and all FIAT are illusions of mercury into gold.  The DOLLAR will not be traded for oil, so what will the US trade for oil?  Do not say force, I believe humanity has exhausted its capability for war regimes.  If you can not service the ideology it goes away.  Bye bye dollar, bye bye regime.

Mon, 06/14/2010 - 18:27 | 413554 Roger O. Thornhill
Roger O. Thornhill's picture

I'm trying to be pragmatic - and don't think that I don't have gold & bullets just in case. We should all realize that none of us will predict this thing with 100% accuracy. That this could descend into hell is certainly possible but I'm thinking that there is not a lock that it goes that way at full tilt. There are many ways this situation can devolve. I hedge accordingly based on what odds I think each scenario has and I have things in place for the scenarios I believe are possible.

I just think it is dangerous to get locked into one scenario and have all your eggs in one basket. Be prepped for a few scenarios - this may play out in weirder ways than we think.

But as I said -  I know that structurally we have a serious problem - that problem will have to be faced, the extend and pretend will be harder to pull off. I just think the road warrior scenario will be take so many things going wrong at once as to be less likely - but I am prepped for that as well. My "gas island" will be quite sophisticated if it comes to that.

Mon, 06/14/2010 - 14:51 | 413049 scipio_africanus
scipio_africanus's picture

Gully Foyle, thanks for the comment. Please invest in equities for us and don't purchase any tennable farm land, gold, ammunition, commodities or anything that us doom and gloomers are "wasting" our money on. You should fully place your faith in the powers that be (Obama, Democrats, RINOs, Ben Bernanke, Joe Biden, FedRev) and not in mathematics. We do however appreciate you enlightening all of us apocolyptic fools /sarcasm

Mon, 06/14/2010 - 14:53 | 413051 Mr Lennon Hendrix
Mon, 06/14/2010 - 15:01 | 413064 walküre
walküre's picture

You've got about a year, maybe 2 left before things start to unravel badly. The Mayan thing has nothing to do with it and it's not a self fullfilling prophecy either.

The debt calendars of the world are what they are. Debt needs to be rolled over, refied or forgiven or defaulted. The pies can only be sliced so many ways.

There's going to be a reset of some sort.

Anyway, not to bore anyone. Just use the time that's left to prepare.


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