Over the past couple of months Michael J Burry, the one-eyed hedge fund manager that made $800 million dollars from the housing market bubble, has been warning of hyperinflation and an economic collapse in the near future. Through a series of tweets, Burry pointed out several comparisons between 1920s Germany and the current US (2010-current). Not only do I have to say that he isn’t wrong but yesterday he was paid a visit by the SEC because of his tweets. The final tweet that led to the visit stating “You know my position now, no need to hear more from me.” He had been warning about the bubble in the stock market and the bubble that is about to burst. The federal reserve continues to print more money while thinking they can simply print more money to pay their bills. Burry’s Twitter bio currently says “born to fight, to be cuffed when starting.”
3-14-2021 Vol 1 Issue 12
Politics: President Biden signed the 1.9 trillion-dollar covid-19 rescue stimulus bill that just bumped the national debt to 30 trillion dollars. Among the recipients of the stimulus checks are felons currently in prison. If you are unemployed you will get $400 per week until march of 2022.
Economics: Experts agree inflation is the likely route the federal government will take to counter the unprecedented printing of money that is currently taking place. In under a year, we have seen a 2.2 trillion-dollar stimulus bill, a 1.9 trillion-dollar bill, and the usual budget for the year all totaling around 5 trillion dollars. This figure does not include social security or the military budget.
Gold: $1,730.30 troy ounce
Silver: $26.20 troy ounce
Platinum: $1,218.00 troy ounce
Copper: $4.16 pound
US National Debt: $28,051,667,000,000
Debt per citizen: $84,932
Food: In Australia, the use of manure for fertilizing fields is now banned and farmers are required to pay high prices to have animal waste “properly” taken care of. Expect famines in Australia in the coming year.
Self-defense: After the house passed a new gun bill requiring back ground checks for guns sales, a person already needs a background check to buy a gun, great white dope Dianne Feinstein introduced a new bill to ban the popular AR-15 rifle and magazines that hold more than 10 rounds.
Health: Italy and Paris France are locking down again due to an outbreak of the new mutation of Covid-19. The survival rate for covid-19 is 99.75%.
Editorial: recently on Marfoogle news and Kunstler cast podcast there was a mention of something called the Deagel forecast. Deagel worked for several administrations starting with Jimmy Carter and ending with Bill Clinton. He started a non-profit company that worked with national security. Deagel died last year but not before writing one last projection for the United States. According to Deagel the population of the US will be around 99 million. That is less than 1/3 of the current population. Deagel goes on to explain his forecast and that is more entertaining than the list of countries and their estimated populations. It would appear at the moment there is a large amount of concern regarding the future of the country, and none of it has to do with Covid-19. The odd thing about these matching theories is that they cover a wide spectrum of people. The climate activist, federal reserve enthusiasts, peak oil people, are all saying the same thing even while coming from their different perspectives. Deagel had his own perspective with a unique background and for some reason he decided to release this last forecast before his death.
As a kid my parents would throw me into a dumpster to look for discarded food. There were only three of us and while we were not bad off if there was anything better than cheap it was free. I would pull out bags of oranges that had not gone bad, boxes of pasta past their shelf date, and in one instance a plastic bag filled with leavened dough from the local little Caesar’s. We spent an entire day baking loaves of bread, bread sticks, and storing away what wasn’t used in the freezer.
I learned early on that food goes to waste at an unprecedented level in this country. The store we were dumpster diving at was a Harding’s grocery store in an upscale neighborhood. This store didn’t bother with a clearance section to move old product. Anyone who bought from such a section would be judged for having financial problems, instead of looked up to for being thrifty. So these things were thrown into the dumpster and written off in their books as a loss for a bonus tax break.
Before I started a 30 day social media and news fast a story popped up regarding a Fred Meyer in Portland Oregon who called the police to stop people from jumping into their dumpster at night. A dozen cops showed up and stopped a group of people from searching through the dumpster for food to salvage. I have several issues with this. Store employees were standing guard at the dumpster to make sure nobody was able to climb into it. When the crowd became too big they called the police to protect their “trash.” A dozen police officers stood guard for an hour and a half making sure nobody went into the dumpster. As a business I have to assume that whatever they had thrown away was worth more than the pay of the police officers and what their staff was paid to watch over a dumpster instead of moving and selling product in the store to make a profit. If that is the case, why wasn’t the food in that dumpster donated to a local food pantry instead of tossing it into a dumpster? There has never been a case of a business being sued for donating food to a pantry.
Before the death of Anthony Bourdain, he produced a documentary called Wasted, it wasn’t about drug abuse but how all over the world food is wasted and what we can do about it. People were interviewed about dumpster diving, food was collected to feed to pigs at farms, composed was created for farmers, the list grew as to how this Waste could be used for a greater good.
The current situation of inflation and rising food cost is going to make life difficult for those who can not afford the cost. Solutions will need to be found and whether it is growing your own food or diving into a dumpster people will need to do something.
There are two stores in my area that sell food at a discount compared to major supermarkets. The first one we found is called Cadillac Marketplace. They not only sell food but other products that have sat on store shelves so long they are throw into a tractor trailer and sold to the store at a low fixed price. Protein bars that are usually $3 I buy for $.10 and boxes of cereal sell for $1. Bags of Starbucks and Bulletproof coffee sell for $4 when they are usually $10-$15. The first time I went to this store I walked out with two banana boxes filled with food for $75. A few weeks ago the owners of this store bought a load of food that included cases of MREs (meals ready to eat) brand new and sealed shut. With Covid-19 and the lockdowns MREs have been in short supply and they regularly sell on Amazon for $120 for a single box to $300 for two depending on what you get. The individual bags appeared on the shelves and I started to fill the cart. When the owner noticed me, he said that he had a pallet in the back and he wanted to move it out to save space. I bought six boxes for $10 each.
In a nearby town called McBain there is a small Amish store called Pineview. We had heard about it from the neighbors and decided to check it out. This place ended up being twice the size we thought it was when we pulled up. The frozen food section was massive, carrying the over stock of meat and produce usually shipped to restaurants and stores. We found everything from lunch meat ham, breakfast sausage, Greek yogurt, cheese, and bacon for $1 each. It was even cheaper if you bought it by the case. The first time we went I threw a box of Cornish hens in the cart for $10. These were Tyson brand and the last time I saw them at the local Meijer they were 2 for $8. Protein bars were mix and match 10 for $1. Pasta and Rice hovered around $1. We found large containers of Bolthouse Farms eggnog for $1, it doesn’t expire until March of 2021. At the end of the trip, we filled two carts, that turned into six banana boxes filled with food, and paid $120. For the first time since buying our freezer chest it now full.
I’m not sure how the Amish do it. I don’t know why these items are offered at one store but guarded by police at another. I remember watching a show with Andrew Zimmerman about people who go dumpster diving in Seattle then take the items they collected and cook it into a meal that was handed out to the homeless via a food truck. Even though nobody was made sick, countless people were fed at no cost to anyone other than the volunteers, the city shut it down for health code violations. It would appear that good Samaritan laws do not apply to feeding the homeless.
With the amount of food that is wasted in this country, even under mandate by the state, it is safe to say that this trend will continue. The Amish and stores like the Cadillac Marketplace won’t have a hard time filling their shelves. Food will continue to go into the landfills while people go hungry unable to pay ridiculous prices. The only way I can think to counter the cost of produce is to grow your own. To expand on that idea is to have people grow enough for themselves and more for their neighbors. If people grew produce on their property it would take a burden off of the grocery stores. We have seen this happen before after the fall of the USSR. Cuba told its people to grow food where ever they could find land. If you were growing food, the land was “yours.” People didn’t starve, they ate better than they had before, and the country moved on.
Texas is currently experiencing a food shortage. The state of abundance, vast swaths of land, cattle, and of course FREEDOM, is going through something many people in our country have never seen before. Store shelves are bear and with the power grid down the food supply chain us unable to move. Everything is literally frozen in place. This is why we should not only be filling pantries with food that have a long shelf life, but learning to preserve food that we grow. Fresh is best but food, regardless of the quality, is better than starving.
I read a story about a man who filled his bathtub during the blackout and woke up the next morning to find all of his drinking water frozen into a block of ice. I don’t have all the answers. I don’t know how people can expect something that rare to happen and prepare for it. Some of the videos I watch told me that in Texas they didn’t even know where their water main shutoff was when a pipe burst in their house. Maybe I’m lucky with where I live. I have seen 120 degrees weather in Michigan. I saw -40 degrees last winter. I’m poor enough to work on my own house and know where the circuit breaker is, the water shut off, and fire extinguishers are assorted where a fire might break out. To me these things are common sense. If I was living in Texas, I wouldn’t know what to do if I spotted a scorpion in my house, came across a rattle snake in my yard, or was charged by a wild boar. We do have bears though.
Rising food prices are here. There is no more speculation of what might happen. The Federal Reserve is printing money like it is the die off of the beanie baby bubble. The stock market is inflated from the influx of money. With a food shortage looming and the value of the dollar declining we will start to see prices we have never seen before. Kiss organic food goodbye, nobody will be able to afford it. Even with the ability to buy food becoming harder for the majority of people some governments are making it more difficult to survive. In the UK the health inspectors are cracking down on people growing and/ or preparing food in their homes and selling it to neighbors. They are now proposing that people caught doing this without a license could face 2 years in prison for feeding people. This would include your local tamale lady who is just trying to make a couple extra bucks. Could we see the closing of places like Pineview and the Cadillac Marketplace in the future? I would not be surprised if the government stepped in and said that cutting more food out of the market during the time of a shortage was for our own good. “We are the Government and we are here to help.” Cringe.
We as individuals need to be creative. We need to learn how to make the most out of the food we have and relearn tools that our ancestors had only a few decades ago. There was a time, not that long ago, when food wasn’t cheap. We have had it good for a long time now due to cheap oil. The world is changing and as a species we need to adapt to it. While the powers that be think they can implement a policy that will cover all places and cultures, they are horribly wrong. Texas is a prime example. People in local areas need to figure out the best way to make it in the new world that is coming. Where I live the land is rolling hills, the soil is filled with clay, water pools into ponds everywhere, and we have constant wind. There is a lot of cattle and livestock here. Dairy farms are a dime a dozen. Rolling hills of wheat and corn are common. Move closer to the lake and you will find grape vines and hops growing in fields. One policy will not fix a state, or a country. It is beholden of the individual to figure out the best measure to work through this. The only people that can help us in the future is ourselves.
1-21-2021 Vol 1 Issue 3
Politics: Joe Biden is now President. Three executive orders have been signed. One requires the mandatory wearing of mask on federal property. Another stopped the production of the Keystone pipeline from Canada and immediately resulted in the filing of a lawsuit against the federal government by the Canadian government.
During his last days in office Trump failed to signed pardons for Julian Assange and Edward Snowden. This decision came after Mitch McConnell told the president’s office that if a pardon was given to these individuals the senate would vote in favor of an impeachment against Trump after he was out of office.
Economics: Officially, for 2020, there was a 70% increase in the creation of money in the united states by the federal reserve. The dollar has currently lost somewhere between 15-20% of its value and the biggest sign of inflation so far is the cost of electronics that has dramatically risen in the previous months. On Amazon.com a $600 notebook had gone to $750 in the span of a week.
Gold: $1,869.40 troy ounce
Silver: $25.98 troy ounce
Platinum: $1,132.40 troy ounce
Copper: $3.65 pound
US National Debt: $27,818,168,000,000
Debt per citizen: $84,044
Food: Seed companies have repeatedly shut down their websites due to the increased demand for seeds in the coming year. Many companies like Burpee have closed the order sections until they were able to find new suppliers to meet demand.
Self-defense: In a recent interview with the former chief of the CIA, John Brennan, it was stated that the new Biden administration is working to start mass surveillance on people they determine to be dangerous to the public. This list included white supremist, racists, bigots, libertarians, and Trump supporters. This focus is based on the belief that white terrorists are the biggest threat against the country.
Around the same time Katie Couric was a guest of Bill Maher, asking the question how Trump supporters were going to be reprogrammed into society?
Editorial: Planning the year 2021
There is no telling what 2021 will bring but considering where we were a year ago today, not knowing about lockdowns and small businesses being pushed to the curb, it is in our best interest to plan ahead for what might be coming our way. Back in march of 2020 I knew that one of the side effects of a pandemic is a shortage of food. I already had a seed bank and had learned how to grow an urban garden years before. Hunting is still a mystery to me depending on the animal. Squirrels, turkey, rabbit, and quail are fair game. Deer have taunted me for years. I have studied organic farming of which there are several styles. At the beginning of the lock down I made a run to tractor supply and bought 6 chickens. The homestead is coming along. Spring will be a busy time, building beds for the first time, plowing rows by hand, and fighting the deer who will be treating my garden like a feast. These are the things I am focusing on. This is the plan I am setting in motion. I would encourage anyone who is able to do something similar to do the same thing. Grow for yourself and your friends and family. Trade with neighbors. Learn to be a human again.
In the last year 35% of all money created in the United States was made. I refuse to say printed because the national mint didn’t print off this cash. It was done digitally with a bunch of 1s and 0s instantly devaluing savings accounts and the buying power of the dollar all over the world. It was only 20 years ago when Bill Clinton left office after 8 years as president and we had a surplus of money in the federal government. Then came Dubya and it all changed. There had been some shady stuff going on before then with Donald Rumsfeld telling the nation that 2.3 trillion dollars was missing from pentagon accounting books.
What we have been seeing isn’t new. The federal reserve bailout out wall street after they gambled all their money away. Then Obama spent hundreds of billions of dollars on a stimulus bill. Through quantitative easing the federal reserve bought the bad stocks wall street didn’t want and handed the bill off to the American tax payer. Now there is a new kind of theft taking place.
The COVID-19 lockdowns are shutting down small businesses all over the country. The public is forced to buy their food and goods through big chain outlets that are not affected by the lockdown protocols. People who are out of work or have their businesses shut down are at risk of losing their homes because they cannot pay their bills. Keep in mind that if people are not working there are no federal income taxes coming in. At the moment the house and the senate are talking over a COVID-19 relief bill that will have no way of paying for it. Again, they are printing off money while devaluing the dollar. In a situation like this what are people to do?
I have often thought about this question and in a world where everything appears to be falling apart there are a handful of things that will gain value outside of the dollar. If you are looking for currency related items gold and silver are the obvious choices. These metals have never lost their value over the centuries. A large amount of wealth can be transferred with little weight to move it. When gold reached $2000 an ounce a few pounds could be equivalent to a life time of savings. In the words of Ron Swanson “I have already said too much.”
Land. This was an obvious choice for me. With land comes opportunity. The more land you own the more you can do with it. I would recommend only buying what you can handle on your own. I currently own 15 acres. A goo portion of that land will be used for homesteading. The wild sections will be used for foraging and hunting. The woods also provide a reusable source of fresh compost for crops. Timber heats the house and cabin. With a homestead or farm there are other investments that will rise in value in the coming years. Farm equipment will have a high value along with fresh food with the way our current food situation is. China is buying up any soy and protein they can get their hands on. A large section of our corn crops was destroyed in a wind storm. China has been experiencing a drought in their bread basket for a few years now. Much of this can be learned through the ice age farmer YouTube channel and podcast.
Choose quality over quantity. This is true for many things ranging from clothes to tools. Buy a good pair of boots, jeans, shirts, the type that will last for years. Buy a good knife. Make sure you are not buying cheap gardening tools that will only last one season. For god’s sake stay away from Harbor Freight.
Buy a good quality vehicle, one that you can work on. You should be able to change the oil, switch out the air filter, and replace the fuel filter on your own. Bravo to those who go beyond that. Pick up a repair manual for the make and model of your vehicle. If you can, keep extra parts stored away in case there is a breakdown that can be fixed at home.
Beyond these things there is the usual list of things one should have. Food, self defense items, and a supply of cash incase cards are not taken at stores or bank accounts can’t be accessed. Learn about your neighbors and what they have that can be traded and bartered. If your neighbor is a corn farmer try growing something besides corn that he might want incase you have to trade for supplies. If everyone in your area grows tobacco grow food instead. Set yourself apart so that you can be useful to the community around you.
I hope this article is helpful to those out there looking for some guidance in these troubling times. I will touch on these topics further in the near future and talk about them on my YouTube channel, The Collapse Experiment.