“I was a computer jockey,” he says. “So for example, when you think of press 1, press 2, press 3 on the phone: I built one of the first systems in banking on the East Coast, and I apologize for that.” Finelli’s company began securitizing debt portfolios, a process that began in the ’80s and fed into the mid-2000s financial crisis. Finelli didn’t like that. “That’s when I had that moment of, ‘This is a house of cards,’” he says. So in the late 1980s, he quit and became a farmer, first out East, then in Grovespring by 2005.
I asked Hoffman to estimate what share of fellow Silicon Valley billionaires have acquired some level of “apocalypse insurance,” in the form of a hideaway in the U.S. or abroad. “I would guess fifty-plus per cent,” he said, “but that’s parallel with the decision to buy a vacation home. Human motivation is complex, and I think people can say, ‘I now have a safety blanket for this thing that scares me.’ ” The fears vary, but many worry that, as artificial intelligence takes away a growing share of jobs, there will be a backlash against Silicon Valley, America’s second-highest concentration of wealth. (Southwestern Connecticut is first.) “I’ve heard this theme from a bunch of people,” Hoffman said. “Is the country going to turn against the wealthy? Is it going to turn against technological innovation? Is it going to turn into civil disorder?”
Based on this crude but honest assessment of the general public's affinity for the common bicarbonate, you'd be surprised by how much survivalists are into it (#2 on the list of "things for preppers to hoard"). They must expect some pretty serious hankerings for tasty leavened baked goods, or they have extensive phobias about the funkiness of their nuke survival backup plans.
The prepper community now has a resource that is just for us with items that are most likely of interest to us, making this a win-win service. We are pleased to offer this service to the SurvivalBlog community because working within our community to make the exchange makes a lot of sense. Just remember to watch your OPSEC but still help out your “neighbors” through fair and informed exchange. This can be a win-win for many.
Élite anxiety cuts across political lines. Even financiers who supported Trump for President, hoping that he would cut taxes and regulations, have been unnerved at the ways his insurgent campaign seems to have hastened a collapse of respect for established institutions. Dugger said, “The media is under attack now. They wonder, Is the court system next? Do we go from ‘fake news’ to ‘fake evidence’? For people whose existence depends on enforceable contracts, this is life or death.”
Jack Matthews, an American who is the chairman of MediaWorks, a large New Zealand broadcaster, told me, “I think, in the back of people’s minds, frankly, is that, if the world really goes to shit, New Zealand is a First World country, completely self-sufficient, if necessary—energy, water, food. Life would deteriorate, but it would not collapse.” As someone who views American politics from a distance, he said, “The difference between New Zealand and the U.S., to a large extent, is that people who disagree with each other can still talk to each other about it here. It’s a tiny little place, and there’s no anonymity. People have to actually have a degree of civility.”
Survivalism is a primarily American movement of individuals or groups (called survivalists or preppers) who actively prepare for emergencies, including possible disruptions in social or political order, on scales from local to international. Survivalism also encompasses preparation for personal emergencies, such as job loss or being stranded in the wild or under adverse weather conditions. The emphasis is on self-reliance, stockpiling supplies, and gaining survival knowledge and skills. Survivalists often acquire emergency medical and self-defense training, stockpile food and water, prepare to become self-sufficient, and build structures such as survival retreats or underground shelters that may help them survive a catastrophe.
To me, the best option is to store emergency food. How much? If you have none, store enough for a few days. If you have enough for a few days, get enough for a week. How much you store depends on what time frame you think you're at risk for having to be completely independent. The early settlers of the southwest liked to store enough food for a whole year and still do to this day!
Mainstream economist and financial adviser Barton Biggs is a proponent of preparedness. In his 2008 book Wealth, War and Wisdom, Biggs has a gloomy outlook for the economic future, and suggests that investors take survivalist measures. In the book, Biggs recommends that his readers should "assume the possibility of a breakdown of the civilized infrastructure." He goes so far as to recommend setting up survival retreats: "Your safe haven must be self-sufficient and capable of growing some kind of food," Mr. Biggs writes. "It should be well-stocked with seed, fertilizer, canned food, medicine, clothes, etc. Think Swiss Family Robinson. Even in America and Europe, there could be moments of riot and rebellion when law and order temporarily completely breaks down."
Editor’s Introductory Note: This is a re-post from the early days of SurvivalBlog, back in August, 2005. Blog Years are like Dog Years. To explain: SurvivalBlog has been published since before most people had even heard the word “blog” for the first time. A piece this old has probably never been read by 90% of the current SurvivalBlog readership. So we feel fairly safe in re-posting it. BTW, we recommend that any new readers take a look through the archives of SurvivalBlog’s first year, to come up to speed on our jargon, core beliefs, and unique acronyms. – JWR
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 Barn Find Cars. (See the Tangibles Investing section.)
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.