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What Do They Know? Why Are So Many Of The Super Wealthy Preparing Bug Out Locations?
Submitted by Michael Snyder via The End of The American Dream blog,
A lot of ultra-rich people are quietly preparing to “bug out” when the time comes. They are buying survival properties, they are buying farms in far away countries and they are buying deep underground bunkers. In fact, a prominent insider at the World Economic Forum in Davos, Switzerland says that “very powerful people are telling us they’re scared” and he shocked his audience when he revealed that he knows “hedge fund managers all over the world who are buying airstrips and farms in places like New Zealand”.
So what do they know? Why are so many of the super wealthy suddenly preparing bug out locations? When the elite of the world start preparing for doomsday, that is a very troubling sign. And right now the elite appear to be quietly preparing for disaster like never before.
The insider that I mentioned above is named Robert Johnson. He is the president of the Institute of New Economic Thinking, and what he recently told a packed audience in Davos is making headlines all over the planet…
With growing inequality and the civil unrest from Ferguson and the Occupy protests fresh in people’s mind, the world’s super rich are already preparing for the consequences. At a packed session in Davos, former hedge fund director Robert Johnson revealed that worried hedge fund managers were already planning their escapes. “I know hedge fund managers all over the world who are buying airstrips and farms in places like New Zealand because they think they need a getaway,” he said.
But he didn’t stop there.
In a separate interview, Johnson admitted that “very powerful people are telling us they’re scared” and that the elite “see increasing evidence of social instability and violence”. You can watch video of the entire interview below…
Wow.
And Johnson is not the only one saying these things.
The following quote comes from the Mirror…
His comments were backed up by Stewart Wallis, executive director of the New Economics Foundation, who when asked about the comments told CNBC Africa: “Getaway cars the airstrips in New Zealand and all that sort of thing, so basically a way to get off. If they can get off, onto another planet, some of them would.”
Of course not all elitists are planning to jet off to the other side of the globe.
Some are planning to go deep underground when things hit the fan.
For example, there is an underground decommissioned missile silo in Kansas that has been transformed into luxury survival condos by a real estate developer. The following is from a Wall Street Journal article about those condos…
The so-called Survival Condo complex boasts full and half-floor units that cost $1.5 million to $3 million each. The building can accommodate up to 75 people, and buyers include doctors, scientists and entrepreneurs, says developer Larry Hall.
Mr. Hall, who lives in a Denver suburb, bought his first missile-silo site in Kansas in 2008 and completed construction in December 2012. A year later, he says, the development had sold out. Work on the second security compound—the one where Mr. Allen bought a unit—is under way, and Mr. Hall says he is considering additional sites in Texas and elsewhere.
As former nuclear missile sites built under the supervision of the Army Corps of Engineers, the structures were originally designed to withstand a direct hit by a nuclear bomb. At ground level, they can be sealed up by two armored doors weighing 16,000 pounds each. Mr. Hall added sophisticated water and air-treatment facilities, state-of-the-art computer network technology and several alternate power generation capabilities.
Other wealthy individuals are turning their current homes into high tech security fortresses.
Those that are involved in providing these kinds of services have seen business absolutely soar in recent years…
Wealthy families across the country are shelling out millions to protect their loved ones from intruders, natural disasters or the apocalypse as home security goes increasingly sci-fi.
Companies that provide concerned homeowners with futuristic gadgets – and a priceless peace of mind – have revealed the growing demand of costly bunkers, passageways, panic rooms and recognition software.
Chris Pollack – president of Pollack+Partners, a design and construction adviser in Purchase, New York – told Forbes that, while security has always been important for the wealthiest clients, the spending on home security has noticeably grown in the past five years.
And the options available on the market are like something from a Bond film.
For much more on this, please see my previous article entitled “Why Are So Many Wealthy People Building Futuristic High Tech Security Bunkers?”
So why are all of these wealthy people so alarmed?
Well, the truth is that they can see what is happening.
They can see that millions of people are falling out of the middle class. They can see that society is breaking down in thousands of different ways. They can see that anger and frustration are rising to unprecedented levels. And they can see that things are likely to boil over once the next major economic crisis strikes.
Even though the economy is still fairly stable for the moment, signs of increasing economic suffering are everywhere. For example, the Los Angeles Times is reporting that homeless encampments are rapidly spreading throughout the Los Angeles area…
Over the last two years, street encampments have jumped their historic boundaries in downtown Los Angeles, lining freeways and filling underpasses from Echo Park to South Los Angeles. The Los Angeles Homeless Services Authority, a city-county agency, received 767 calls about street encampments in 2014, up 60% from the 479 in 2013.
We live at a time when almost everyone is getting poorer except for the elite. The top 1 percent now have close to 50 percent of the wealth in the entire world, and each year wealth becomes even more concentrated in their hands.
The elite know that eventually a breaking point is going to come. Those that are smart don’t want to be around when that happens.
And we got a few clues about what things might look like what that time comes from the recent “snow scare” in New York. Frightened consumers wiped out supplies of bread, milk and eggs within just a few hours. People started to take advantage of one another, even the journalists seemed like they were on the verge of panic, and virtually the entire city shut down.
All of this over just a few snowflakes.
So what is going to happen when we have a real crisis?
If the elite are preparing to bug out, it is hard to blame them.
I wouldn’t want to be right in the middle of a volcano when it erupts either.
Life is about to dramatically change, and signs of the coming storm are everywhere.
I hope that you are getting prepared for what is about to hit us while you still can.
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A thousand years later... Morlocks!
More locks to secure them from escaping those bolt holes.
Shhh. Be vewy vewy quiet ... https://www.youtube.com/watch?v=w4uMJAhbs8E
It's not that safe in NZ.
The Crisis of 2020 is coming. Along with it World War 3 and it's global usage of biological weapons, eg: airborne Ebola.
Then, the rise of intelligent machines.
Sheeit, if we live to see 2017 we will be kissing the ground.
Ha 'intelligent machines' [programmed by whom, humans?]... BWAHAHAHAHAHAHA!
If machines are programmed by humans & the machines take over, all that'll mean is that the machine world will reach the state of Idiocracy by the end of the decade.
The safest place to bug out to is the center of Detroit. Nobody is gonna bother ya there, man.
and Detroit has been removed from the Russian ICBM tageting list a long time ago.
This story is 3 days old, what are the ZH interns not being paid for???
it's obvious that the elitists read ZeroHedge too...and probably listen to Infowars every day as well. They know that they're also the cause of the shitstorm that's coming, and even if some of them aren't part of the cause, they know that they will be in a tiny fraction of the minority after the SHTF compared to the 99.999% who will be really super fucking pissed off at them for the colapse that's coming. They will be blamed no matter what. They also know that most military folks aren't going to be on their side either. You can damn well bet that NONE of them want to be in North America, that's for fucking sure. We're the most heavily armed force on the fucking planet. These fuckers are going to want to get as far away from the U.S. as possible. It's going to be ground zero for shit hitting the fan in my opinion one of these days.
So fuck the elitists and whatever they're doing to prepare for TEOTWAWKI. Fuck 'em. What we here should be doing is concentrating on getting ourselves prepared. There's still time, but I don't think there's a whole lot of time left. Anytime between now and 2020 is my guess when the shit will finally hit the fan big time. So don't worry about these assholes and their air strips on private islands. Take care of yourself now. Keep stackin' that shiny phyzz. Keep stocking up on long term food supplies, water filtration systems, guns, ammo, essential gear for hunting, fishing, camping, etc.
Keep your head in the game. That's what will hopefully keep you and the rest of us "preppers" alive as we fight through the shit storm that's coming.
Tears of joy are flowing.
That was straight at you and exactly correct. +1000
O/T Detroit area underwent a huge retail splurge as folks went prepper for a day.
Folks be preppin' for Linus.
"What do you get when you put snowy kind of weather with Linus kind of weather? Sinus kinda weather!"
As the only MSM weatherman IKO to say that "windchill" readings were hogwash, Sonny Eliot must rollin' in his grave with the nonsense being reported today as weathercasts.
What the frack is a Linus? Or a Juno for that matter.
In a perfect world .........I want the person who thought of naming snow storms brought in front of me to be bitch slapped into some semblance of sanity.
It was the insurance companys, they needed a way to financialize the weather, so storm naming became a reality.
I hate insurance companies, and I work for one, buncha wannabes with their MBA-speak...greedy agents and their enablers (the executives that kiss their ass)
I felt exactly the same way working for Stockbrokers. They were all dicks. Sounds like they'd be peas in a pod, with the Insurance dickheads.
don't forget the vultures of the economic world, mortgage loan officers. global economy goes to shit = lower martgage rates = refi boom to loan officers. they get giddy when UST rates drop lower way past insane levels.
I wonder how many of these elite preppers realize that all of this conflict is by elite design vs. how many are just scared?
If the elites are retreating to a few havens like New Zealand and Paraguay, then the masses will just load up their torches and pitchforks and meet them there.
That New York "Snowstorm" struck me as disturbingly similar to Boston, shockingly distorted and exploited, demonstrating how easily people are manipulated.
TURN OFF THE TELEVISION AND START THINKING FOR YOURSELF.
No they won't.
They will drive as far as they can, on one tank of gas, and then loot the most well off person or farm they can find. The mob gets dumber as it gains more members.
You want a real survival retreat? Build a not obviously fortified home more than one tank of gas from a big city, and then live there and help out your neighbors enough that they will shoot the ass off anyone who bothers you.
It will happen so fast that you will not have time to bug out if you are currently in a large metropolitan area. In fact the time to bug out was YESTERDAY. (I know...a little hyperbolic. But it gets the point across.)
You see I currently use that strategy with the homeless now....I help them out. They are not going to be bailing anywhere. And if it takes you more than a tank of gas to get to your "Safe House" and you are in a metropolitan area when the shit goes down..THEN YOU ARE SHIT OUT OF LUCK.
Help the homeless out and you can be assured that you will not get fucked with as the ones whom may fuck with you are fucking with another's meal ticket.
Yes teaching the homeless is a good strategy as I build myself an army...
Throw me your social discards...please.
I will recycle them. They are angry and more than motivated...
I stole so much money from you all that now I need to hide from you all. Well that makes a lot of fucking sense.
Yeah....think i'd go for those yacht too.
"Slow and steady."
Still...you can always go full on Mars Express.
The elites are less free than the homeless... because their belief system only gives them one choice: and that choice ultimately leads to their premature demise.
The most likely only intelligent machines that will be left will be the horse and the ox.
Don't forget the people who can fix toilets and keep the elite's world hum.
Long plumbing, Short shitty fiat.
This is what you need...many hidden features not shown, but they're there!
http://ruralretreatdesign.info/
I saw that website a while ago; never returned. The reason that website sucks is that it contains nothing but a few Google Earth pics layered with lame CGI icons. And a contact link.
Whoever owns that site should consider giving people a couple of reasons (e.g. bio, philosophy, rudimentary pitfalls to avoid, etc.) to even bother clicking that contact link.
"Ha 'intelligent machines' [programmed by whom, humans?]... BWAHAHAHAHAHAHA!"
Oxymoron statement.
All the smart people warning about AI....that means an artificial intelligence..... not progammed by humans......ergo.... not like human.....get it...LOLconsidering speed dev of firefox and such annual version of any software just for resell essential same core code but make gui slicking... i think until we see a debugger rewriting human code with some lines such # fucking idiot use xxxxx instead we have some time
FFS. Keynes was correct in saying we are all dead. Any day above dirt is a good day. Live each day as if the next one will be 6ft under.
Prada bags, stiletto heels, iPhone who cares. When capital dries up all bogus assets become unpayable debts. Every one of us will be scramble to the nearest exit. The devil will take the slowest pair of stilettos. Prada or no Prada, it’s now all excess baggage.
Looking forward........... to maybe monthly cold showers.
"Then, the rise of intelligent machines."
Must travel back in time!
Kill Alexander Graham Bell and Thomas Edison!
The rats will have to come up for air sooner or later. What's left of us will be waiting.
Let them eat cane toads, there are plenty there.
There is one way to make these secure undergound hideaways more secure - concrete, lots of concrete, down the air vents, over the entrance, etc. Hmm, maybe selective application of concrete and liquid sewage would be even more effective.
If ZH'rs could actually be PAID for yesterday's news, we'd all be trillionaires, and Tyler would be out of a job.
Edie Lush!? Is that her porno name?
haha, morlocks, from the time machine. But, if we want to see the future, "david rockefeller is pissed(that was the word used) that he is ninety two(at that point) and the -new atlantis- is not here yet." And Geo Bush(Scheff) 1 talked about 1,000 points of light as you know, and what I heard that means, is 1000 cities lighting up the night sky in their planned future. If you think the top guys are "scared" well, they are not top guys. Or they are acting. Just be a prepper, and you can do that cheap. And now, while things are cheap, and easy to get. We have a heads up, so we should act for ourselves and families, and freinds. Why not? https://www.youtube.com/watch?v=-Ubry23rWVs
I'm all for it so long as they promise to stay away.
If the crap truly does hit the fan then I wouldn't want to be an American caught abroad. Unless I'm very good at hiding my big-assed crass speaking mouth of an accent. Good luck popping down to your local town grocery store in Chile, New Zealand, the Bahamas, Northern Queensland or wherever you think you'll be safe, throwing your customer service demands about. You could be worth all the money in the world. Your shit still stinks and you'll get what's due.
Contrary to what you may have been told, there are lots and lots of guns in private ownership within Australia/New Zealand.
yeah, plenty of guns everywhere, thing is, when guys are ready to kill, the targets will be in hiding.
9/11 Truth: The NIST “no molten metal” guy posing by steel with unexplained melting (PHOTOS)
Hopefully some nerd recorded this HC segment that engineer Tony Szamboti saw in 2004 and HC refuses to release -- if true, far more damaging than the infamous "pull it" quote:
https://www.youtube.com/watch?v=49_Bl23wnsc&feature=youtu.be
There is no molten material in the photos. The metal is deformed by impact and weight.
Molten metal looks like this: http://cache2.asset-cache.net/gc/457251122-solidified-molten-steel-is-pi...
Also see this phot of steel cut with a torch. Notice the solidified droplets. http://photo.net/photodb/photo?photo_id=2302128
Nothing like this exists inthe photos you purport to show proof of melting.
Now if this had been treated as the crime scene that it surely was, then all the steel should have been ID'd and photographed in place before removal -- as Dr. Barnett of Worchester Poli-Tech has stated as normal protocol -- and then taken to a storage location for further forensic examination, being that these were unprecedented catastrophic structural failures of steel framed high rise buildings. Instead, over 99.5% was recycled immediately.
But that's not your criticism, now is it.
"then all the steel should have been ID'd and photographed in place before removal"
The world trade center weighed 1,500,000 tons, of which 200,000 tons was steel. The wreckage was hardly "recycled immediately". In fact, it laid around for years. The last of it was not recycled until 2011. In addition, investigative teams were on site within 72 hours of the attack looking for evidence, monitoring the material being hauled away in the clean up, and pulling aside items of interest. In addition, investigative teams from NYC, academia, and the government inspected material as it moved through the HSNE recycling plant, and pulled material of interest for examination, though some of this material was destroyed before it could be screened at the recycling center. On this very post thread a 9/11 conspiracy supporter posted links to pictures of NIST personnel inspecting steel debris at the recycling center.
The reason for the collapse of the buildings is not hard to fathom. A 350,000 pound object travelling at over 500 MPH smashed into the building. It's amazing it did not fall down immediately. And here I would like to correct some common misinformation. The WTC was not designed to withstand a collision from a Boeing 707. Leslie Robertson, lead structural engineer of the WTC, made some simple calculations to determine what would happen if a 707 traveling at 180 MPH (note, not 500 MPH) struck the building. His conclusion was that the building would probably stand such an impact - but the building was NOT designed to survive this sort of impact. There is not structural engineering report or assessment anyone can point to in regards to these calculations. They were just some informal "what if" calculations. In addition, Robertson's calculations did not take into account the effects of any resulting fire that would weaken damaged and undamaged structural components. And contrary to a lot of 9/11 "Truthers," steel does not have to melt to give way. Ever seen a black smith shaping heated by very unmelted steel? In fact, structural steel has lost 60% of its strength at 1,000 degrees F. (http://www.engineeringtoolbox.com/metal-temperature-strength-d_1353.html). A typical fire in a building will reach 1,600 to 1,800 degrees. (http://www.doctorfire.com/flametmp.html), and at that temperature, steel has lost just about all its structural strength and is highly malleable and plastic. Again, look at a blacksmith working. Please see this picture (https://sites.google.com/site/wtc7lies/woodbeambentsteel-full.jpg) which shows steel structural elements bent over a WOOD support beam after a fire.
So, despite all this basic information, 9/11 Truthers expect us to believe that the government:
(1) Secretly drilled holes in walls and attached explosives to structural elements in a building with 50,000 workers, and no one noticed, not the building engineers or superintendent, not the building security personnel, and not anyone working there, and people worked there pretty much 24/7.
(2) That they recruited foreign nationals and trained them to fly with such precision they could fly massive, relatively un-maneuverable aircraft into the precise areas all these explosive were placed, then
(3) Warned all the Jews to stay home
Just so we could
(4) Have pretext to invade Afghanistan?
You really have to be mentally deranged to believe all this.
Obfuscation, dissembling and flat out lying. You're like a study in trolling.
I'm done.
I've never believed it was a conspiracy by our own govt. Too many people would have to be involved, it would be impossible to keep it under wraps. It's hard to keep 3 people quiet in a plot, much less a couple thousand.
Steel is like butter, there is not just liquid and solid, it gets softer and softer as it heats.
Why can't you guys believe that a bunch of crazy muzzies flew planes into the towers?
The crazy bastards kill people every day, for hundreds of years, now they have been framed?
You guys don't make any sense to me.
"Obfuscation, dissembling and flat out lying. You're like a study in trolling.
I'm done"
Yes, you are done, because you are unable to argue with fact, logic, or reason.
Robin lost in space. Steel from WTC was immediately shipped to China for pennies on the dollar. Lets hear your sermon on blg 7 collapse. Ya know the building that the BBC announced 23min ahead of schedule.
Funny how as soon as you mention building seven to the .gov trolls, all you can hear is crickets.
F*ck the dis-info agents.
The idiocy of the Truthers knows no bounds.
The steel was not immediately shipped to China for pennies on the dollar. It was sent to the Fresh Kills Landfill on Staten Island where federal, state, and local law enforcement authorities surveyed the material for evidence. Only AFTER the material was inspected for evidence was it released for scrap processing under existing contracts for up to 25,000 tons of steel with the New York City Department of Sanitation. Recycling prices were NOT for pennies on the dollar, but at pre-negotiated market prices as per the existing contract. NYC recycles quite a lot of material per year.
Building 7 had massive damage caused by the collapse of the WTC. There was a 15 story tall gash in the building from part of the WTC falling into it. The gash represented 37.5% of the height of the 40 story tall building and extended into the building's center. So, the inner supporting core of the building was gravely damaged. Also, the SW corner of the building between floors 7 and 17 was taken out. In addition, there were multiple fires in various sections of the building on a total of 13 floors. Massive structural damage and the fires cause the building to collapse. There really is not a mystery here.
As for the announcement from the BBC, the fire department determined the fires could not be contained and firemen noticed significant sagging in the structural elements of the building. They knew it was only a matter of time before the building collapsed and pulled their people out of the building. They made this announcement to the media, that the building would collapse and their firefighters and other emergency personnel in the area were being withdrawn. This was the source of the BBC report you mention.
There are hundreds and hundreds of eyewitnesses to all this.
Why would the US government, involved in the elaborate conspiracy, tell the BBC to announce the destruction of the building or give it or any news agency a predetermined script of events on a precise timeline? Why not just let them cover the news and announce things when they happen? Newsmen make mistakes. Do you remember when CNN told everyone Ronald Reagan died from the Hinkley assassination attempt?
Here are all the people that would have to be in on your conspiracy:
(1) WTC 7 building engineer
(2) WTC 7 building superintendent
(3) The NYC Fire Department and members of the responding fire companies and the fire department dispatchers
(4) Some group within the US government with knowledge of building demolition
(5) The BBC
(6) WTC 7 security personnel
(7) The on scene investigators to include:
(7.A) The FBI
(7.B) NIST
(7.C) FEMA
(7.D) NYC Police Department
(7.E) NYC Ports Autority
(7.F) The Structural Engineers Institute of the American Society of Civil Engineers
(7.G) The American Institute of Steel Construction, American Concrete Institute, National Fire Protection Association, and the Society of Fire Protection Engineers.
We are talking about hundreds and hundreds of people in on the conspiracy, and JUST for WTC 7, spanning the federal, state and local governments, private companies, new bureaus and private associations. The very idea something of this magnitude could be pulled off is supreme stupidity or a sign mental imballance.
"And there is this cross, fully extended, melted together with the intense heat. The two beams were never initially part of the same structure. Heat, literally melted them together. And the piece of metal that was draped over one of the arms was 'molten metal' that had fallen over one of the arms."
Go in 50 seconds on this short video: https://www.youtube.com/watch?v=M2YGFCeRfL4
Good link; highly recommended. Here's the direct link to that portion.
http://www.youtube.com/watch?v=M2YGFCeRfL4&t=0m50s
That kind of thing doesn't happen without heat way more intense than can be explained by the official story. It's just that simple.
Oh my gosh. You're taking the sniveling drivel of some dude on camera as evidence? Please look at close ups of the cross. The steel members were certainly not fused together by heat from he WTC fire. You can see the frick'n rivets and construction welds for Christ's sake.
http://media3.s-nbcnews.com/i/streams/2014/March/140306/2D274905279692-t...
https://thenypost.files.wordpress.com/2014/07/exhibition-september11_.jpg
Sure as shit looks to me like heat played a hand in it.
But that's impossible. Must have been just pressure.
a priori assumption anyone?
it was the planet Venus or else swamp gas-according to NIST ;) Thermite and a tactical nuke did the job-the volume of material in the standing building was 10 times more than what was left on the ground-where did it go?.
IT WAS PULVERISED and VAPOURIZED
Yes, het did play a role... it's called WELDING and was done when the WTC was constructed.
Christ. Look at the pictures, and tell me that's from welding, with a straight face.
I didn't think so.
I'll add to your statement.
(BIN) -- Does the fact that three of the top ‘conspiracy theory’ websites in the world crashed at the same time as the US government shutdown occurred prove that said websites are front organizations owned by the CIA or NSA as a data mining operation? Are the websites Godlilkeproductions.com, AboveTopSecret.com and LunaticOutpost.com owned by the US government? It’s long been known that merely mentioning Tavistock or Stanford Research on GLP will get you banned; I’ve tested it several times in the past. If these websites aren’t owned by the govt, then why did they all crash at the same time as the shutdown? We all know that governments love their deception of the masses as the video below shares. Conspiracy Reddit is having a blast with this one.
Abovetopsecret.com Godlikeproductions.com Lunaticoutpost.com
Govt does not want the people to find out about secret societies and their impacts on international events.
You are obviously a government troll trying to keep people away from the truth. Those are not government websites. The US government took them down to make it appear they were governemnt controlled websites to keep people away from the truth. You can find this clearly written in Sub annex C, of section XLLVMMLVCC of Chapter 666 of Volume 4,102,866,215 A to Appendix 13B, page 1,852.354.874,986,246 of the "Conspiracy for World Zionist Domination Handbook."
Good riddance. Time for the rest of us to Slice and Dice (them of course, not each other).
You will think it's "them", but it's actually "each other". The top 1% was revealed to be those with $1.5 million or more in net worth (IRS statistics). That's not much anymore, this isn't 1950. The top 1% OF 1% is what you perceive to be the top 1%.
Did you know the average 401K account has a whopping $77,000 saved for retirement? What the fuck! How long do you fuckers expect to live on $77,000? 2-3 years?
How about this one...the average for those 60 and older.....$133,000. America is fucked and you did it to yourselves.
So, Thirtyseven what's in your 401k? I don't have one. But, I'm in the 1%. Good luck attempting to "slice and dice" me. I'll drop your fat ass from 1000 meters.
Sure you could babe
Well maybe 300 meters...:) The point being the "eat the rich" crowd can go fuck themselves. I didn't cause ANYONE not to save money. We've done without a ton of "stuff" to be where we are.
Well, you can rest assured, I certainly do not want to eat you or desire you money. lol but I do have a medal with a wreath and crossed rifles.
As do I ...:) Even a medallion of medal with wings and a star.
Y'all's talkin bout colonel sanders again ain't ya....
No, no, that's not it. They gotta' be talking about Texaco. "Always trust your car to the man who wears the star."
Amen. Too many don't know what it's like to work hard/smart, skimp, and save. It's easier to vote for people to take from others to give to them.
And I would agree with you. While most people in my age group are already packing on the debt and living a trendy-but-not-lavish lifestyle, there are a few of us youngins who have chosen to make do without a lot of the finer things....at least for now.
I still want to drink some kosher blood though. Damn motherfuckers have inflated away a lot of the purchasing power of my savings. That is their biggest crime in my eyes, and the nepotism. I don't like that either.
Again, no one owes you anything. No one took anything away from you, certainly not me. I do take "they" personal. I have met a few millennials that are totally kicking ass financially. Seek out those people and immulate what they do. The younger crowd needs to cut the cord from mom and go make something of their life. Network, network, network. Stay the fuck away from social media, video games and other time wasting activity. Too many millennials and fat, lazy and seem to be waiting for hand out or hand up. Make your own magic.
The word seigniorage exists for a reason.
What is comming is not real fair there are those of us whom didnt partake in the shit that have accumulated something eventhough I watch it didapear but no debt and prepared. I wonder is it possible to escape the people who have taken while not working and being ultimatly lazy fucks? Theres not alot of cash left since they killed my insurance career but depending on anyone for my survival will never be who I am I would rather die. see I am a real American and yes it has bren time to pay the pipper ? Is who is the pipper?
diogeneslaertius : … “as if the MIC, TBTFs, FRS, BIS, NATO, UN, JPM, GS, PBOC, and US, CHN governments weren’t one giant incestuous tyranny love-in … it’s like a bunch of gangster at an illegal craps game, sure they occasionally argue and shoot one another, but the moment Anyone threatens THE GAME ITSELF....” (ZH 2013)
“When Alexander the Great visited the philosopher Diogenes and asked whether he could do anything for him, Diogenes is said to have replied: ‘Yes, stand a little less between me and the sun.’
“It is what every citizen is entitled to ask of his government.” – Henry Hazlitt, “Economics in One Lesson”
“According to legend, Alexander the Great came to visit the Greek philosopher Diogenes of Sinope. Alexander wanted to fulfill a wish for Diogenes and asked him what he desired.[5] According to the version recounted by Diogenes Laërtius, Diogenes replied "Stand out of my light."[6] Plutarch provides a longer version of the story:
“Thereupon many statesmen and philosophers came to Alexander with their congratulations, and he expected that Diogenes of Sinope also, who was tarrying in Corinth, would do likewise. But since that philosopher took not the slightest notice of Alexander, and continued to enjoy his leisure in the suburb Craneion, Alexander went in person to see him; and he found him lying in the sun. Diogenes raised himself up a little when he saw so many people coming towards him, and fixed his eyes upon Alexander.’ said Diogenes, ‘stand a little out of my sun.’[7] It is said that Alexander was so struck by this, and admired so much the haughtiness and grandeur of the man who had nothing but scorn for him, that he said to his followers, who were laughing and jesting about the philosopher as they went away, ‘But truly, if I were not Alexander, I would be Diogenes.’"
n http://en.wikipedia.org/wiki/Diogenes_and_Alexander
" I'll drop your fat ass from 1000 meters."
Vertical, not horizontal.
You're just as vulnerable as the next. Chew on that 1% tough guy!
I'm sure you'll be fine. No need to puff your chest up around here.
You should take comfort and much pride in your preparations. With your kind of financial resources, you will no doubt have extensive back-up security contractors who will be maintaining 24/7 security watch patrols, so you and your family can sleep comfortably, and never have to worry about outside threats, nevermind about the rogue disgruntled mercenaries that might be a bit envious of your extravigant lifestyle.
Nope. Just let your guard down. I'm sure you'll never have to worry about being brutally murdered in your sleep, or watching your hot wife be gang-raped by native insurgents.
Just keep telling yourself that YOU ARE THE FUCKING MAN!
I don't have a 401k either, but had a little over 100k saved by 22. Save, save, save. A couple years living expense free helped with that. When back home I lived like an old Chinese man in a dirt, dirt cheap apartment with a room mate where we cooked rice out of 10lb. bags with some bulk chicken from Costco.
I will admit I eat a lot less canned black beans, ramen and government MRE's than I used to, and drive a slightly nicer car. Just slightly. I work hard. I save. Looks like a fairly nice raise next week (1 year), got the word about that, and a nod and a wink.
Reasonably diversified. Mostly low cost mutual funds, increasingly more gold and silver over the past few years. A chunk of cash at the ready, which despite the downvotes I'm likely to get is probably what's going to save my butt in a downturn or in a hurried escape. No house though, for good of for ill as of now. Weird that even though I'm in a position to buy....I'm incredibly hesitant.
I have chosen not to own a TV. Nevermind the device, I save 1,500/year on a silly cable bill. yuck.
But without a TV, how can you know what to think? Do you go to bars or airport lounges for the free TV?
BUY HOME DEPOT STOCK NOWWWWWWWW!
If you have a good PC and internet you don't need a TV. You may also want to conside relocationto Canada or elsewhere. It is NOT goingto be pretty when the ca-ca hits the fan, bacha (baby).
I agree with your statement...for now...Either way your keyboard is sticky from too many spilt rum and cokes (god, I hope that is what it is), or you are ingesting a bit much of the same. Either way, just a public advisory message.
WHOA. Not Canada. Personal debt-to-income ~164%, govenment budgets just imploded with the evaporation of oil and gas royalties, our political whores committed us to bail-in legislation, our banks just got downgraded (horrible technicals), we're getting force-fed Agenda 21, and the USA dictates our foreign and central banking policy. When America goes down the drain, Canada will follow. If you're looking for safe haven, look elsewhere.
If the fiat system is blown all to hell who cares what the debt ratio is?
Canada: less military, non-militarized police AFAIK, fewer people, more natural resources (water, lumber, wildlife), and a climate that isn't kind to wandering hungry people.
And low population density.
I like mountains, but unfortunately BC and AB are getting crammed with people.
Northern Ontario is incredibly sparsely populated.
I thought 90% of the population of Canada was within 100 miles of the US border or something like that.
Go north! That's where I would like to go.
@ Jane: Note again the point about Agenda 21. Canadians in general are notoriously collectivist. Police agencies ARE militarizing. If you can live contentedly under Big Green Brother, then make the move by all means. Consider also that the world is cooling and energy prices will snap back eventually. If you're going to relocate, be near essential services in one of the most mild-weathered and least-geographically-prohibitive locales. (That rules out most of the nation.)
You sound like a level headed fellow, keep up the good work. Smart to take your time on the material things and give it plenty of thought. The price for cable does suck but it's nice to have a TV at times. For me anyway.
>I'm in the 1%.
>I'll drop your fat ass from 1000 meters.
Since you're exaggerating about your marksmanship, the I can envision a complete and total societal breakdown, can I not?
Simple math. Simple assumptions. 6 billion people on the planet. 6 million in the 1%. After you drop the first one, it's the other 999 you'll have to worry about.
Is that you, John Wayne?
Is this me?
Maybe they are buying these properties to get out of fiat. And then flip them to preppers that freak out. Ferguson is contained and I can enjoy a beer a few blocks from where it "went down" and not even blink an eye. We need to tune out the "talk" and realize that shit is going to get bad but we are not going to be mad max. This is just another angle in the scheme to capitalize on land out of fear instead of what it should be...... Putting your $$$ and n an asset.
"I know hedge fund managers all over the world who are buying airstrips and farms WITH THEIR CLIENTS MONEY" [fixed it]
Thanks for the 2 & 20 bitchez!
Larry Ellis bought a whole island in Hawaii.
Well, 97% of it. He left 3% to the peasants working on his island.
I'm sure his Billionaire Club buddies all have nice digs to fly or cruise to, if TSHTF.
Do you mean Larry Ellison, owner of Oracle Corp. and NSA friendly?
This theme of "Bugout Billionaires" is a recent repeat story here at ZH, no?
Better to have an article on how 'thousandaires' can harden their existence, aka HH
Letter writers have been hoicking this elite bug-out meme since the 80's. If you're part of the elite, you have a plan B. Goes with the territory. Nothing new here.
So Wallis of the Institute of New Economic Thinking confirms Johnson, also of Institute of New Economic Thinking.
Not to be a contrarians contrarian but ;-)
The clown in the interview recommends giving the govt beast more money as a solution...and he seems to think bathhouse barry has some solutions.
The "elite" create the narrative, and I think they believe it completely.
We are fucked.
"The clown in the interview recommends giving the govt beast more money as a solution...and he seems to think bathhouse barry has some solutions."
Indeed! Especially if you consider that the gov't is the elite. So they are going to rob themselves, then give themselve the money back?
A wise man sees trouble coming and hides himself.....
I have never put much stock in hiding myself. I guess that is why I am seldom accused of being a wise man.
When I see real trouble coming, I try to get myself between trouble and my loved ones, or at least warn them. I know I am supposed to make it very easy for trouble to go elsewhere, and very hard for trouble to keep coming closer. Unfortunately, we Irish do like to fight, and so that doesn't always happen.
The keys, obviously, are to expect trouble and to be fortunate enough to see it coming.
The moronic tripe you publish was more than enough to convince me that you're not wise.
Being too stupid to dodge trouble and enjoying a physical fight just tell me that my previously low opinion of you was the correct one.
But hey, go get 'em, tiger.
I am sure we can all look forward to reading many of your wise and insightful posts in the very near future. Nothing so far from you but vacuous bitching about how stupid other posters and contributors are on ZH and one or two "Great post!" bumps for your fellow trolls, but there is always hope.
Worth mentioning that the bloke who likes a bit of a scrap is likely to come out well ahead of the bloke who likes to run when that scrap is forced on them, or theirs, whether they like it or not.
You can't run forever, cecil. Anyone who depends on you for protection, kids, wives and the like, would likely lose little sleep over the knowedge that you were a tough bastard. If you were.
8th RULE: If this is your first night at FIGHT CLUB, you HAVE to fight.
Deekras, this is what I have heard and believed for a very long time. People are NOT leaving USA for tax reasons - they areleaving for SAFETY. And while economic problems can happen anywhere, USA is the eye of the storm (despite USA government's lies to the contrary) and the rioting and bedlam that will ensue is too shocking to consider. (Remember the "orderly" state of chaos after Katrina???)
The BEST thing you can do is to leave USA for good. That means not only moving your money but your physical selves OUT of the country. Get another citizenship and then, if you really want to be free, renounce your USA citizenship or greencard. That is really the only way to fredom.
And if the SHTF elsewhere and you can't get back into the USA, oops !!!
You don't know what countries will be safer than others when the shit hits. But if you escape to a little tiny country now, you could be trapped there, just like being trapped in a bunker with no way out. I'd rather stay in the USA. It is a big country, and that gives you more options if you have to flee later.
No you never know hwere will be safe but I DO know that USA will perhaps be one fo the WORST places to be. With the ethnic tensions, drugs, gangs, succession movements, income divide, etc as well as all-in-all lawlessness pervading, AND to top it off a people that are used to being cared for, well, once those benefits are cut off you will really know what hell is like.
As for those "gated communities", please don't make me laugh. You think those rent-a-cops are going to risk life and limb keeping your rich butts safe??? Kappal tero deekra (my foot!)
So YES, one IS better off OUT of USA and the rich know it and are making it for the exits. We did and we are happy. Lived in USA for 20 years and enough was enough. No more BS media tellingus that things were "on the mend" when everywhere we looked we saw more and more poverty. Time to WAKE UP and smell the used condoms on the street! The ship is sinking and no sweet music played on the deck can hide this fact.
There is a lot of open space in the US if you're not on the coasts. This meltdown is going to be global. I'll stay where I understand the people and the land, and know some of that open space that is completely unknown to most of the urban population.
You have a very limited, blindered understanding of the ENORMOUS, diverse United States.
But, we're glad too, that your condescending, ignorant ass is out of here.
Kappal is right. In a true SHTF scenario, things will come down to carrying capacity. Australia is the same size as the US, and has a population less than that of the LA basin. Where do you think you might have the best chance of survival in a total collapse? Probably not the LA basin, would be my guess.
I don't even like to visit the LA basin on vacation.
No you never know where will be safe but I DO know that USA will perhaps be one fo the WORST places to be. With the ethnic tensions, drugs, gangs, succession movements, income divide, etc as well as all-in-all lawlessness pervading, AND to top it off a people that are used to being cared for, well, once those benefits are cut off you will really know what hell is like.
As for those "gated communities", please don't make me laugh. You think those rent-a-cops are going to risk life and limb keeping your rich butts safe??? Kappal tero deekra (my foot!)
So YES, one IS better off OUT of USA and the rich know it and are making it for the exits. We did and we are happy. (And we are no nowhere near being rich.) Lived in USA for 20 years and enough was enough. No more BS media telling us that things were "on the mend" when everywhere we looked we saw more and more poverty. Time to WAKE UP and smell the used condoms on the street! The ship is sinking and no sweet music played on the deck can hide this fact.
Sorry but I haven't noticed any better behavior in Asia in the face of tumoil nor have I found any country where there is a serious abscence of ignorance and stupity even in India and Ceylon there are conflicts between the Hindus and the Buhdist supposed pacifist sects that rival stupity and chaos found anywhere.
Deekras, this is what I have heard and believed for a very long time. People are NOT leaving USA for tax reasons - they are leaving for SAFETY. And while economic problems can happen anywhere, USA is the eye of the storm (despite USA government's lies to the contrary) and the rioting and bedlam that will ensue is too shocking to consider. (Remember the "orderly" state of chaos after Katrina???)
The BEST thing you can do is to leave USA for good. That means not only moving your money but your physical selves OUT of the country. Get another citizenship and then, if you really want to be free, renounce your USA citizenship or greencard. That is really the only way to fredom.
The ca-ca is going to hit the fan and that time is coming sooner than most think. Notice how many online USA news journals like Bloomberg have quietly eliminated their readers comments sections. No doubt too many people were communicating the truth there and so that was the end of that. I knew that was coming as well. And if Zero Hedge is based in USA I suggest you get yourselves offshore as well.
when the shtf those maggots will realize that they don't own anything. mad max bitchez.
Underground bunkers are not too hard to find, and then they become tombs........
sssshhhhh...
How hard is it to cut open a vent, and dump in a few surplus cans of Zyklon B?
How hard is it to cut open a vent, and dump in a few burning tyres.
Pretty much what I was thinking.
The last thing the elite (and government officials by the way) want, is to hide for the rest of their lives in underground bunkers. They desire order (or the appearance of order) which comes from law, just as they always have.
Without it, they have nothing.
So if they flee it will be to a place they ultimately control...above ground...lol.
Elites only want a hidey hole to stay in temporarily, until the storm blows over. These places are NEVER intended to be permanent residences.
Its not going to blow over.
What?!?
You mean to tell me all of those "Continuity of Government" plans were an exercise in futility?
/sarc
Capture media outlets - Check
Cut off supply route - Check
Stockholm syndrome - Check
Disarm - Pending
Come on nmewn, it is going to blow over, and when it does, I'll be free to round up my herd of unicorns and milk them for rainbows to take to market. I'll be rich!
Thats right I forgot, one rainbow is valued at ten trillion.
We're saved!!! ;-)
Ahhhh, brings back memories of the finals scenes of that classic movie 'The Dirty Dozen'.
I love the smell of burning Nazi's any time of the day...................
Living in a silo that in all likelihood used to be a target of nuclear weapons, brilliant.
75 sitting ducks in the middle of nowhere. I think everyone knows about that silo condo by now, it's all over the internet and TV. Any large roving group of marauders could easily lay siege and force them out.
What was that movie in the early 70's about hairy creatures crawling out of BB-Q pits on the beach?
The Hillary Clinton from 20,000 Fathoms
2,000 queefs under the sea?
RUN!
YOU FUCKERS!
and take your lackeys in CONgress with you
If your fear social unrest due to inequality is a threat to your safety, you probably have something to atone for.
Amen !
"If you fear civil unrest due to inequality you probably have something to atone for"
Sorry, but that is bullshit. I fear civil unrest, and people who lash out due to 'inequality', and I don't have shit to atone for. I am one of the dwindling middle class, live in a modest sized house, and drive a 9 year old tahoe, and own nothing ostentatious. But if those rampaging pavement apes come out into my area(or yours) once their EBT cards stop working(or any of the others posibilities that could cause large scale riots) ALL of us are going to look like nothing more than targets that may have something worth stealing. I am white, and that is all thats going to matter. I really think this is just another BS snyder article to get yall all spun up. Very wealthy people, rather they got their wealth in nefarious ways or not, are going to have back up plans like this. This is nothing new. I sure as hell would. Its pretty obvious to anyone paying any small amount of attention that 'polite society'(what is left of it) is barely hanging on by a thread.
If it ever truly came to a wholesale collapse, any ebters will wind up on stakes at the entrance to our country lane.
It's always easier to kill game that is trapped in its den.
Always.
Yeah great they can take a direct hit from a nuke, but they need an air vent somwhere in and out, it wouldn't be difficult to flush them out.
"A much more aggressive tax on inheritance"??
What a jackass. So the answer is to take more and more wealth from whomever they can so they can fix things.
Well sorry. Everyone has seen how efficient government is in spending tax dollars.
People will continue to see Obama flying aboard Air Force 1 and a fleet or other support aircraft to carry his limousines and security teams so he can play another round of golf.
The world will continue to watch as the banks get bailed out of every bad investment they make.
It seems they want to hasten the pace in which they will need to bug out.
Notice how focused he is on ways to get more money into the public coffers? President of the Institute for New Economic Thinking indeed. What a moron. Government will save us. All hail the government.
He also clearly stated, prior to suggesting an inheritance tax, how the super rich already know how to protect themselves from taxes. So I guess it's clear who won't be affected by this wealth confiscation.
Once again, the question is raised that's been bugging me for a long time: Why do the Elites seem to have so much less confidence in the legitimacy of their priveleged positions than regular folks do? I mean, if you talk to middle-class and even poor people in America, you really don't hear much interest in marching the rich and powerful up the guillotine and lopping their heads, or for that matter, in confiscating all their wealth. Sure, you'd hear plenty of support for raising tax rates, but that is _really_ not the same thing.
What the Masters don't seem to understand is that expressing concern about inequalities of wealth and income is NOT the same thing as advocating for equality of wealth and income. People just want the fair opportunity to get ahead, and they DO want to get ahead, which is to say, they are, for the most part, completely comfortable with the idea that those who work harder should get more than those who slack. Perhaps, it seems, more comfortable with it, than those who have gotten really far ahead, and who seem to know, deep down, that it wasn't by working hard in a fair system.
Maybe they know how fragile the financial system really is, like a sandpile that is piled way way too high.
The rich are like all the 9/11 Jews. How is it that they were all at meetings elsewhere or late for work. All of them except one token Jew. Poor bastard. It's fucking NY. Half the people are Jewish.
Where is the proof of this?
there isn't anyone mad max can't get to.