Re: Alert! – Nuclear (and Economic) Meltdown
Yeah, I’d love to be an enrolled member, Mike, but it ain’t gonna happen. Every dime I have is going to physical preps for short term and sustainable lifestyle items for long-term. I think that every one of us here on this site believes that whatever we can accomplish between now and disaster is better than no preparation at all. You’re better situated than most and I envy that, but you have been working at it longer.
To get back to what Poet said when he started this thread, do I think the Sh*t is about to HTF? Absolutely, but the Zombie Banks, Zombie Markets and Zombie Governments have yet to get the memo. They have their fingers jammed securely in their ears, yelling, “La, la, la!” to drown out any naysayers, but even they heard the tsunami and the earthquake smack the foundations of their house of cards. How did it start the dominoes falling? Here is my opinion.
The Japanese economy, as John Mauldin likes to say, has been a “bug in search of a windshield” for two lost decades. This is the windshield. Rather than face tough economic choices, the Japanese banks–in collusion with Japan’s major industrial houses–let bad loans fester. The only reason that things did not spiral out of control was the fact that they, as a country, had a high savings rate. The savings are evaporating since their population is tilting toward elderly, and elderly people pull their savings out of the bank and spend them. Japan is an oil and food importing couintry that depends on high tech exports in a world where less and less consumers can buy anything but necessities. You add the nuclear meltdowns (plural, my God I never thought that would be plural) to the devastation from the tsunami and the earthquake and I do not see how the Japanese can rebuild to anything like their former wealth (which was debt-based anyhow, and THAT was dependent on cheap oil).
How does this help topple the global house of cards? As I said above, this disaster was actually loud enough that people–even central bankers–heard it through their complacency. It’s a tipping point. You add the escalating food shortages, which will only get worse since there will be less and less oil for farming, fertilizers, and freight; add the comnig water shortages (no oil to pump it out of the ground, depleted aquifers, water-rights fights) and the global crushing debt load, and it does not take much to push us over the edge.
We’v been like the coyote chasing a growth-centered road runner off a cliff, briefly suspended in midair before we fall. The canyon floor looks mighty hard and mighty far away.
Having said that, I agree that the events of the last month or so, Japan, Christchurch in NZ, and let’s not forget the widespread floods in Australia and the Cat 5 Cyclone that hit our northern shores will be catalyst for the beginning of the collapse. The main reason I believe this, is because the level of debt both here and in Japan is so high, I can’t see how any rebuilding on any large scale can be afforded. Where will the money come from? And if they just print it, hyperinflation will kick in.
Wow, it totally escaped my mind while I was writing that the Australian flooding and Cat 5 Hurricane are also recent events, along with the floods in the American Midwest last year, the drought’s effect on wheat harvests in Russia and China, and the earthquake in New Zealand.
You’re right. It’s one thing to be “inconvenienced” (as Dave Ramsey would say) when you have to spend down some of your emergency fund for an urgent need. It’s another thing to be heavily in debt, with all disposable income used to barely pay interest on that debt, and then be socked in the face by all these events. Japan is going to hurt, and hurt big, financially. But other countries will have similar problems.
I think most countries, state and local governments, companies and people are barely making it, they’ve already been hit by recession and unemployment and debt. It doesn’t take much more to hurt them more.
Just imagine what would happen to Greece if they got hit by some natural disaster, when already their 2-year bonds were said to be hitting 17% a few days ago, and their credit rating is lower than Egypt’s.
Hope I’m welcome here, I’m enrolled now after spending 1 1/2 years un-enrolled. Nothing there you don’t all know in your gut already here. Get your preps in order, get money out of the bank, top off your fuel, the world is coming un-glued. …things seem to be accelerating rapidly. I would cut and paste but probably get kicked off.
What a great thread…… and surprise surprise, DTM isn’t enrolled! Why? I have no “investments” as such and have no intentions of changing that, plus most of what is discussed in the enrolled forums (I assume) is Amero-centric, and as you should know, I’m Australian.
Holy Crap!!!! Mike, you will hardly believe this! I just read your Blog and when I was a kid (no, not a goat) I lived in Tuchekoi for a couple of years and went to Imbil State School…. OMG… I have vivid memories of going into Pimona on weekends…. not very far from Cooran is it? It is actually walking distance in an ideal world…
What a small world! I live in the US at the moment & have been seriously considering buying my little piece of dirt in that region…. I really like your setup there & I am a BIG Solar fan. We seriously need to talk!
I agree we don’t have much time before economic implosion, but I am still not totally convinced it will lead to total anarchy. It is a possibility and I am doing a lot of soul searching to appease the rational side of my brain. I don’t think the nuclear issue in Japan is any tangible threat to the US from a nuclear fallout perspective, but it certainly will contribute to the economic woes.
Welcome, I think the information presented here is accurate and timely. Hope it helps.
Please, for ONLY non-enrolled members!
Again, I repeat. PLEASE, only NON-enrolled folks need reply. (The rest of you enrolled members can sit back and eat popcorn if you want, and smile to yourself if you think we’re totally off-track..)
For non-enrolled members, how about we use this topic areas as a forum to discuss and speculate on what Dr. Martenson is writing about in his most recent missive for enrolled members only: “Alert! – Nuclear (and Economic) Meltdown In Progress”. Perhaps we can come to our own conclusions about what we need to do, independent of having read the information he has for enrolled members.
What do you think Dr. Martenson is talking about when he says:
This alert warns you that major world-changing events are now underway and that your personal preparations for an uncertain future should either be completed or take on a new sense of urgency. On the basis of the information contained here and in the past two days of posts, I am personally ratcheting up my preparations, making purchases, and topping off what needs to be topped off.
So whaddaya think? Is TS about to HTF?
How much time do you think we got before we all gotta wear duct-taped garbage bag hoodie ponchos with N95 masks before venturing outside? Do we have to bring all the goats into the barn, herd the chickens into the kitchen and start spreading newspaper to collect manure for spring planting?
What preparations are you making or still need to make? What’s still on your list that’s not done yet? Do riots in Bahrain, empty supermarket shelves Tokyo, and potassium iodide shortages on the West Coast give you a taste of what to prep for?
Gimme your thoughts, folks. Let’s have some fun (and sober discussion) with this. 🙂
Hello Poet & other Non-members,
I have always been one of those who has believed in being prepared for the unexpected and keep a sense of what is going on beyond my street so to speak. However, if the arrival of unexpected or expected events surpasses all the efforts for having prepared…..well then…….where do you turn? If you have family they also can be overwhelmed. There will be those who will do all they can to protect their own. You can see this just standing in line at a theme park waiting to get on a ride or trying to watch a small parade. Adult men protect that space mapped out for the strollers, etc. so their children get to see that parade. But you also see parents of young children in resturants who order an abundance of food that is not eaten and the surrounding floor and table is littered with food that is left for the resturant staff to clean-up. And about those who are care takers of elderly relatives or diabled children? I think black markets will develop and barter systems of all kinds. I went into a small pawn shop a few weeks ago to try and sell a few pieces of jewlery I never wore. All of my really good/nice jewelery along with other valuable had been stolen from the house I was renting 2-yrs ago. It was considered a safe respectable area. They used my laundry basket to cart off my things. I was amazed to see all kinds of items in that pawn shop (yard tools, surf boards, cell phones, CDs, cook stoves, camping gear). We all need to keep a level head when faced with extreme situations. Defending a spot for vieiwng a parade looks very different when it is for food, shelter or medical care. I’ve been a non-enrolled member of this forum for over a year now. It has been one of the most informative level thinking sources of information I’ve ever seen. I’ll continue to return as long as the access to the resources to do so are available to me.
In closing, I want to mention a book called The Powershift Era. Local libraries in my area will hold book sales or give away books no longer wanted. I happened to pick up this book. It is the third in a series #1 Future Shock # 2 The Third Wave #3 The Powershift Era which was published in 1990. Reading this book has been like reading today’s headlines.
Nothing huge really … I finally ordered some solar panels , bought a collodial silver machine, more seeds , stocked up on Iodide tabs , Reusable canning lids . Checked everyones bug out bag . Bought a couple new saddles and fishing lures . Bought more rice and fish …. NOT eating anything that come from that direction . More cocoa and sugar. Set some more eggs under Biddy . Oh and bought more shampoo for the storage … I make lousy shampoo .
Checked the rain gear … may not get caught out in the rain for a while .. weird I know .
Started the regular seeds in the greenhouse and got the tatters ready to plant tomorrow !
Kind of ecclective list huh ?
Japan has been important to us for so many reasons. It’s been our trading partner and has helped shore up our debt for generations. It’s still the third biggest economy. Even with its faltering economy, it has been stable and predictable.
A triple whammy of one of the world’s strongest earthquakes, a powerful tsunami, and a triple or quadruple nuclear accident? Who would have thunk it? What will they do? What will we do?
It’s as if countries are getting punched one by one—-Russia, Pakistan, Australia, Japan, …
As if our delicate balance, tipping towards disaster, is getting pushed again and again. Another punch, another push.
For those who have been watching for signs, this is another one.
Anyway, that’s what I thought he meant.
I must admit I am not heading anywhere close to Yellowstone or the New madrid fault line until the moon moves further and solar flares slow down .. I check the Earthquakes daily : ( I lived on the Island of Japan .. it rocked all the time .. I HATE earthquakes !!! Japan is sitting on the edge of 4 plates . True that I could be hit by a bus tomorrow but I know where the nearest nuclear plant and Military base is from me and pay attention to which way the wind is blowing all the time . I like to be ready and am not living in a spirit of fear .
I am going to get my husbands lunch ready , pray for his trip on the train and take the kid to violin lessons .
What more can you do ? I mean really We would never have enough money to live through it all in the way we have come to .
Full moon – I love your shopping list! I swear I lay in bed thinking “what to buy, what to buy?”
What do you use the collodial silver machine for? Do you know anyone drinking the water? I just googled and read and was intrigued!
We have the iodide rablets, but hope in michigan they won’t be needed. but sugar and cocoa and shampoo are on my list for this afternoon now, thanks.