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.’ ”
Popular at this particular show were bug-out bags, the vendors tell me, because the casual interloper can purchase a lot of peace of mind all at once. For $449, Lenexa, Kansas retailer Game Plan Experts sells a bag with waterproof matches, a flint fire-starter, energy bars, utensils, a camp stove, water pouches and filtration, a first-aid kit, masks, a survival whistle, a pry bar, a folding shovel, an emergency blanket, toilet paper, a toothbrush, a hand-crank radio, survival candles and more. For the über paranoid, they’ll find a discreet contractor in your area to dig a hole in your yard and install a doomsday bunker.
This group is concerned with the spread of fatal diseases, biological agents, and nerve gases, including swine flu, E. coli 0157, botulism, dengue fever, Creutzfeldt–Jakob disease, SARS, rabies, Hantavirus, anthrax, plague, cholera, HIV, ebola, Marburg virus, Lassa virus, sarin, and VX. In response, they might own NBC (nuclear, biological and chemical) full-face respirators, polyethylene coveralls, PVC boots, nitrile gloves, plastic sheeting and duct tape.
Here are the latest news items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on Swiss Watches. (See the Economy & Finance section.)
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One major upside of freeze-dried food is its convenience. Since all its water content has been removed—via a process that involves exposing food to subzero temperatures, while removing the resulting water vapor with a vacuum—it’s easier than canned goods to transport on the fly. To “cook” Wise Company’s six-grain Apple Cinnamon Cereal, you just boil three and a half cups of water, dump in the powdery contents of the bag (minus the oxygen absorber), and cover the pot for 12 to 15 minutes.
At seventy-seven, living on a tugboat in Sausalito, Brand is less impressed by signs of fragility than by examples of resilience. In the past decade, the world survived, without violence, the worst financial crisis since the Great Depression; Ebola, without cataclysm; and, in Japan, a tsunami and nuclear meltdown, after which the country has persevered. He sees risks in escapism. As Americans withdraw into smaller circles of experience, we jeopardize the “larger circle of empathy,” he said, the search for solutions to shared problems. “The easy question is, How do I protect me and mine? The more interesting question is, What if civilization actually manages continuity as well as it has managed it for the past few centuries? What do we do if it just keeps on chugging?”