Submit Your Q&A For Chris & Adam
I’m wondering mainly two things:
1) When will the oil crisis hit badly enough to a) cause a recession and b) end business as usual? I presume that a) will be hit first followed by b) in relatively short order. The question I’m pondering myself is if b) follows a) within 1, 5, 10 or 20 years etc. I know several articles on this site (premium content at least) have made progrostinations around the years 2019-2022, but a more precice and detailed forecast would be appreciated – knowing that this is a very difficult, if not an impossible task.
2) What’s the progress on Thorium? It’s been a long while since this was last mentioned. Most development seems to happen in China followed by fairly minimal work in India, but I haven’t heard anything of either in a while. I personally believe that succeeding with Thorium is maybe the only possibility mankind has to maintain high living standards (not to mix with living quality) without destorying everything through global warming or a set of other issues (pesticides, overfishing etc.) in the process.
My question is to what degree could an involuntary contraction of the global economy save us from killing ourselves through global warming at this point. Does this pencil out as a plausible path to human survival?
Lets suppose that societal collapse continues, speeds up and life for the average individual get very challenging. With less resources, more challenges and stress the average individual will need about 3,000 calories a day to meet their needs. That’s anywhere from a million calories a year to 1.5 or more a year. Supposing grocery store cheap abundance becomes more of a memory than a reality a discussion seems warranted on how and what to grow to help meet those needs. Not all vegetables, fruits and grains are equal, some like probably potatoes are better at sustaining life through bulk production. What do you think would be a best choice for meeting peoples long term survival needs if supplementing them through gardening.
It’s a great statement of PP’s purpose…”To create a world worth inheriting”. What is your personal vision of what that world would look like? What is the next step you will take to actualize that vision?
Sounds crazy, but I could see how a hyper-imersive VR environment coupled with digital “assets” could help decouple resource consumption from economic growth. That’s one possibility.
Hey guys…….definitely made a lot of moves towards resilience in the last decade and much of that has to do with this site. Early this summer the wife and I (early 40’s) are going to have our 12 acre homestead payed off after 9 years. It’s consumed the vast majority of our income over that period. We’ve diversified the food forest to a great degree and continue to do so. Still have a purchased simple well to install and some kind of solar is on the wishlist along with a green house and the remainder of our fixed low rate student loans. I haven’t listened to the real estate seminar yet, but the wife and I plan on doing that soon. Besides investment land/property at low prices, I’m wondering if there are any plays on dividend paying stocks out there……or are they dinosaurs? Played the market a bit in 2008-2009 in the PM segment and did ok, but rolled all that into long term physical that composes about 15% of our net worth. For the next likely runup in PM’s I’m wondering if I might go the GLD or SLV route vs. individual stocks. Might start moving a small allocation into krypto too. Perhaps I’m not direct enough in my questioning, but I want to be relitively diverse without being too risky. Feel free to answer any point or the amalgamation of topics.
Thanks for all you do, TJ
What are the chances that the collapse is severe enough that property rights become unenforceable. Or that local “governments” ratchet up property taxes to the point of unaffordability to try and bleed the prepared dry before finally foreclosing on the property?
I don’t have a question, but rather a request… can you set up some off-the-cuff podcasts with commentators that disagree with the neomalthusian ideas? I would love to hear Chris debate some of the mainstream monetarists and keynsians. Most of the conversations I hear are between individuals already in agreement.
What you want is a perennial that will feed you with minimal work.
So my list would include any of the following that are already in your area: purple yam, Jerusalem artichoke, kudzu, wheat, pigeons (dovecote), mulberry, blueberry, blackberry.
Then you can add high calorie potatoes, beets, brassicas…. but those aren’t so perennial.