In the early ’80s on a job for the State Department to reinforce U.S. embassies and consulates following the 1983 Beirut barracks bombings, Pense says he and other government contractors around the U.S. converged on CIA headquarters at Langley, Virginia. The consortium of engineers traded notes and decided that the U.S. power grid was vulnerable. Inadequate, Pense says, compared to everything that’s been hung on it, and that was three decades ago. Three high-altitude electromagnetic pulses (EMPs) could take the whole thing down. Like New York City’s 1977 blackout, looting and pillaging would rule the streets, and that’s if they can get the lights back on quickly enough—if the power stays off for too long, order is lost forever.
Here is a mental exercise: Put yourself in the mind set of Mr. Joe Sixpack, Suburbanite. (Visualize him in or near a big city near where you live.) He is unprepared. He has less than one week’s food on hand, he has a 12 gauge pump action shotgun that he hasn’t fired in years, and just half a tank of gas in his minivan and maybe a gallon or two in a can that he keeps on hand for his lawn mower. Then TEOTWAWKI hits. The power grid is down, his job is history, the toilet doesn’t flush, and water no longer magically comes cascading from the tap. There are riots beginning in his city. The local service stations have run out of gas. The banks have closed. Now he is suddenly desperate. Where will he go? What will he do?
There are other ways to absorb the anxieties of our time. “If I had a billion dollars, I wouldn’t buy a bunker,” Elli Kaplan, the C.E.O. of the digital health startup Neurotrack, told me. “I would reinvest in civil society and civil innovation. My view is you figure out even smarter ways to make sure that something terrible doesn’t happen.” Kaplan, who worked in the White House under Bill Clinton, was appalled by Trump’s victory, but said that it galvanized her in a different way: “Even in my deepest fear, I say, ‘Our union is stronger than this.’ ”
Articles on the subject appeared in small-distribution libertarian publications such as The Innovator and Atlantis Quarterly. It was during this period that Robert D. Kephart began publishing Inflation Survival Letter (later renamed Personal Finance). For several years the newsletter included a continuing section on personal preparedness written by Stephens. It promoted expensive seminars around the US on similar cautionary topics. Stephens participated, along with James McKeever and other defensive investing, "hard money" advocates.
Ugh, what a bummer! Your $250,000 underground compound was ready and rarin’ to go, a nuclear bomb was detonated and caused an EMP just like you said it would, but you didn’t get to say “I told you so,” because you died along with all of the idiotic unprepared. Just bad luck you weren’t near your EMP-safe bunker when this happened. You’re there 22 hours of the day, what are the odds? Hey world, I’d like a mulligan please!
How many wealthy Americans are really making preparations for a catastrophe? It’s hard to know exactly; a lot of people don’t like to talk about it. (“Anonymity is priceless,” one hedge-fund manager told me, declining an interview.) Sometimes the topic emerges in unexpected ways. Reid Hoffman, the co-founder of LinkedIn and a prominent investor, recalls telling a friend that he was thinking of visiting New Zealand. “Oh, are you going to get apocalypse insurance?” the friend asked. “I’m, like, Huh?” Hoffman told me. New Zealand, he discovered, is a favored refuge in the event of a cataclysm. Hoffman said, “Saying you’re ‘buying a house in New Zealand’ is kind of a wink, wink, say no more. Once you’ve done the Masonic handshake, they’ll be, like, ‘Oh, you know, I have a broker who sells old ICBM silos, and they’re nuclear-hardened, and they kind of look like they would be interesting to live in.’ ”
It appears that the Federal Reserve will continue its credit tightening campaign. Higher rates are bound to come in the coming months. At this juncture, I must repeat this advice: If you have any variable rate debt, then do your best to transfer that into fixed rate debt, soon! Variable rate mortgages and credit card rates will be absolute killers, when interest rates spike. Make the switch now, while it is relatively painless. Trust me: You will sleep much better in 2019 and 2020.
While media coverage has often focused on a certain gun-toting, masculine segment of the subculture, both women described being drawn to prepping as a form of female self-empowerment. As Bedford sees it, finding yourself unprepared in the midst of a crisis can be a “terrible feeling of weakness” for a mother. “It makes sense to be empowered and trained and have the right supplies—and in this case, to have extra food on hand—because as a mom in particular, your family just relies on you,” she said.
Doomsday Preppers was an American reality television series that aired on the National Geographic Channel from 2011 to 2014. The program profiles various survivalists, or "preppers", who are preparing to survive the various circumstances that may cause the end of civilization, including economic collapse, societal collapse, and electromagnetic pulse. The quality of their preparations is graded by the consulting company Practical Preppers, who provide analysis and recommendations for improvements.
The magazine’s issues, many of which are retained at the British Library in London, present a very clear picture of what its makers thought the future looked like. A family dressed in protective suits and gas masks, outside an English country house, was featured on the cover of the first edition. A later issue showed a happy mother tending her baby – in a fallout shelter. And another presented huge missiles waiting to be launched somewhere in the middle of decimated nuclear waste. The surroundings are red and black. On the horizon, a mushroom cloud glows.
Learn how to use it – What good is a compass if you don’t know how to use it? Not much. How about your Tenacious Tape? Or your GPS locator, or multitool? It’s great to head out into the wilderness with all the appropriate survival gear but if you don’t know how to use it when the time comes it will be as useless as the “g” in “lasagna”. Once you’ve decided what you need and have purchased everything take the time to familiarize yourself with what you have and how it works. Take the GPS locator out into your local state park and practice with it. Practice starting a fire with your emergency fire starter. Buy some extra Tenacious Tape and a cheap raincoat and practice cutting it up and making repairs. Take your survival knife out on a short hike and see what its practical limitations are when it comes to cutting wood etc. You might need a larger one or one with a longer serrated edge. The bottom line is this: make sure you know how to use the survival gear you have before you leave civilization behind and head into the woods.
When I started putting together my first survival kit, I just collected whatever weird stuff I could find—like tablets that would protect my thyroid from nuclear fallout. My mindset changed when my first daughter was born. I realized I needed a more practical end-of-the-world plan, with equipment that would be useful for things that might actually happen. Nuclear war is probably not in store for 2018, and if it is, I’ll just open a window. I don’t want to live through that.