NORMAL CANS
Most of us, not the
Fracker Fags that collect AR magazines in anticipation of The Great Apocalyptic
Hurricane, but those of us perhaps just a smidge friggin worried that Optimism
isn’t a very thorough survival strategy and that maybe just probably a finite
earth filling with unlimited people could in all probability lead to systematic
collapse and an ensuing Dark Age as it has all through the last twelve thousand
years of the Agricultural Revolution and no amount of American Greatness hubris
is going to change that and I’m sorry that Mister Hubbert in High School
history class was a perverted looking weirdo and all he covered was dates and
names and you really hate the subject but history does friggin matter so pay
attention to it. And yet even if we are
worried, we are all trolling in Normalcy Bias and think Kicking The Can will be
occupying the rest of our sorry sad sack lives.
You need to fight against this sort of thinking every day, as if you
were a fat bastard ( who wants the OTHER, other white meat ) who has to deny
himself the Siren call of Twinkies every waking moment.
*
While it is true that
there is no such thing as a three hundred year collapse ( which starts when
resources start to contract, not when normal shenanigans such as inflation or
corruption begin-which they can for other reasons ), nor is a literal overnight
collapse very probable ( possible, such as nuclear war, asteroids, solar flares
or super volcanoes, but rarely probable ), you still need to be on your toes
for Quick rather than Instant collapses.
The beginning of the War Of Northern Colonialism was a Quick Collapse,
for Southerners. In four short years
they would see women and children dying of famine after the scorched earth
policy of Grant/Sherman destroyed their crops and livestock ( which, on top of
three years of malnutrition, quickly became famine. You won’t read about that in Northern
approved school texts ). If you had been
looking at the rear view mirror and expected Business As Usual to continue, you
would have erroneously believed that the fight would have remained political
and distant.
*
If you thought that 1973
would have been 1967 Kicking The Can you would not have been prepared for the
OPEC oil wars and the death of manufacturing in the US. No one expects you to see with a crystal
ball. We have no ideas the strange
happenings afoot ( who knew to bury gold the day FDR was elected? It was mere
weeks after the inauguration he stole all the private gold for 40% discounted
Greenbacks ). The problem becomes one
when you get used to the idea things will just slowly get worse. As you can see from just the obvious
examples, things go in fits and starts, not in straight downward slopes. And those were in resource growth eras. To expect yet more Kick The Can in an era of
resource contraction is retarded. Why
are you wasting your time fighting to believe the resources are back to
growing, magically? Very recent history
tells us otherwise. Fracking is the same
show and dance they tried to conjure up with Hydrogen Economies and Ethanol
Independence.
*
Fracking gas and oil is a
product of negative financial investment.
Banks invest in fantasy profits for the simple reason that our economy
needs energy for growth to pay the interest on old loans to the banks. You need oil to drive to work to pay your
mortgage, auto loan, credit cards and student debt, and your job needs oil to
ship products for profits. Banks lose a
little money on the fracking oil to NOT lose money on all the other debt in the
country. When the companies can’t even
pay the interest on the old wells which already saw 80% production decline, the
banks just float another loan for the interest payments plus drilling another
well. THAT was the Kicking The Can for
the last decade. And it was far from the
worse idea they could have come up with to save the economy. Your problem, if you think this was American
Innovation & Energy Independence, is you can’t see this as Can Kicking and
think we have far more time than we do.
Frankly my dear, I don’t think you’ll go wrong panicking at this point.
*
NOBODY, and I mean nobody
thinks it is a good idea to panic to the point of imprudence, except perhaps
the idiots on Doomsday Preppers ( if you don’t get cable, watch on
YouTube. Type in “doomsday preppers” and
then, as an example, “S02E01” where S is
season, 02 is season number two, E is episode and 01 is episode one. Searching another way usually doesn’t give
you exactly what you want. I’ve tried to
watch a few more than the original season one that used to be on NetFlix and
inevitably have to turn it off in disgust ).
Whatever you do, stay legal and smart as you quickly liquidate assets of
an Oil Age nature to exchange for assets and tools for the Waterfall
Collapse. Because here is the
thing. As idiotic as it is to try to
time the collapse, I can think of few reasons why you shouldn’t be panicking
early. Forget the simplistic ruse of
Republican verses Democrat. That kabuki
theatre is a show for the rubes. Just
look at the massive decline in federal government performance since the turn of
the century.
*
You needn’t look far into
the economy to see how scary it is.
Again, avoid the Retard Show of gammed numbers such as the stock market
or the official unemployment numbers. We’ve
been in The Great Depression unemployment levels for eight or nine years
now. Sure, you can find a job. At twenty or at most thirty hours a week and
at minimum wage. And college degrees
gets you a job 25% over minimum ( even if you have to work for free as an
intern to do so ). Need health care? Sorry, polar bears need ice, too, as do
people in Hell. Want in one hand,
dude. Going out there looking for a job,
and trying to live with less than two other roommates, you know the economy is
humped. You don’t need to look at fake
government numbers to figure that one out.
Your mistake might be in thinking this is a soon to be resolved recession
rather than the Great-er Depression it actually is, but you can still easily
see how things are screwed.
*
If the fracking numbers
aren’t gamed and we actually are at full production, that is up to one third of
our total oil supply used daily that we must pump at a financial loss (
spreading that banker loss to other industries such as insurance ) which is at
a net energy of about 5 to 1. Those
numbers can’t be good news to any but the most Optimistic Ollie. Now, throw in the Canadian tar sands with
even worse EROI numbers. Don’t forget
ethanol. Up to half of the oil we use
daily is from Fake Oil. Not conventional
petroleum which is probably in the 20 to 1 range today, at best. If global EROI is 13 or 14 to 1, and most
Fake Oils are 4 to 1, with up to half the volume used fake oil that pencils out
about right. But the US is not at the
average. We have a lot of deep well oil
from the Gulf Of Mexico and Alaskan oil is high sulfur crap with that volume
dropping. We are more likely at most 10
to 1 EROI. I’d wager 8 to 1 isn’t
unrealistic. Take that as worse case, of
course. I don’t mean to imply we All Are
Going To Die Tomorrow. Just that with
those numbers, we are ripe for a Quick Collapse. Not necessarily the Civilization Collapse we
keep worrying about but another repeat of the Civil War, Great Depression, Oil
Shock kind of quick economic contraction.
*
We were almost there in
2008. Without Fracking Oil we would have
been humped. That injected 25% of our
oil use from Must Be Imported to Can Be In-House Financed ( it also is a quite
vivid demonstration how weak our PetroDollar imposition is if we couldn’t keep
relying on that foreign oil and must instead procure in domestically. Debt backed PetroDollars buy free oil. Fracking Oil costs some real buying power
currency. Just like with a mortgage
backed security, SOME of the financing must be used for labor and materials, it
isn’t ALL just a magic number in a ledger.
PetroDollar oil was 100% free oil.
Fracking takes a good size haircut. Even if that is only 10%, it is still a more
expensive oil. Lower EROI is just the
salt in the wound ). If you believe the
fracking numbers are already declining, as I do, that can only mean rapid EROI
decrease and financial calamity.
*
Again, I’m not saying this
HAS to lead to Civilization Collapse ( although it COULD, which has been my
previous warning ), but if all it is is a quick Economic Collapse, as has
happened previously in resource increasing times, we need to beware a sudden
unexpected bolt out of the blue. In a
resource contracting era, this will be far worse. The problem with thinking in Uber Slow
Collapse is you do nothing. The problem
with just thinking in Overnight Collapse is you don’t plan on anything other
than business as usual until you can break out your nuclear war bunker
kit. As I said many moons ago, far
before the ‘08 meltdown or even the official Peak Oil date, you can’t pay for
your property tax with freeze dried food.
If ALL you are planning on is instant collapse, you are screwing
yourself. For instance, by staying at
your job in the megacity, in the midst of ghetto guerrilla warriors, you are
betting normalcy continues until you are ready to bug out.
*
Make no mistake, you must
lose money to prepare for Quick Collapses.
Buried money means you pay the Inflation Tax, as well as the monthly
fees from your bank for having under the minimum balance. You pay that extra to avoid losing it all
right away in a Bank Holiday ( we’ve had plenty of those, nothing new there )
or a banker Bail-In. I can’t stand
losing the one, but it is better than the other. We’ve talked of Opportunity Costs
before. My point here is that you need
to beware of the Opportunity Costs you are not aware of, or aren’t paying
attention to, because all indicators surely point to some kind of massive
correction/reaction very soon. You need
to stop looking at the problems as non-events because we’ve weathered them
before. The last energy crash we
survived because of Alaskan oil. The
last economic crash we weathered from Fracking Oil. The last money confiscation we did just
fine. The last Civil War was
survivable. Remember, those were
Resource Increase eras, not resource contractions ( the 1971 US peak oil was a
decrease in the increase of oil, which was recessionary. Now we are seeing increases in the decreases,
which is a whole other ball of wax ).
*
If you disagree a complete
collapse is here, fine. You assume a
economic collapse. Which we’ve survived
before. But before, growth
continued. Now, we have not seen growth
in eight years and never will again.
Stair Step Collapse doesn’t mean we adapt and overcome every rung down,
it means we keep having less resources to adapt and overcome each time. Since we’ve already been in a stair step
collapse for fifty years, you can safely assume at some step down you’ll lose
all your resources to adjust. Why do you
think the truly poor never recover? They
aren’t lazy, hump you very much Rush “I’m A Pimp For The Bankers”
Limbaugh. They don’t have the resources,
and keep losing access to them with every setback. When I got divorced from Baby Momma, I
forever lost my ability to recover a middle class lifestyle. My resource base contracted too much. Luckily for me, and for you as you bask in my
wisdom and expertise, I embraced a lower, lower economic lifestyle, and I did
it in plenty of time to stockpile resources so that I was assured of a cushion
long after the average person. I
embraced the collapse early and profited off of it. If I had kept trying to stay middle class I
would have just kept sliding backwards ( and in another welcome series of
events, all other wives following the first focused on the middle class baubles
I still had rather than those assets I was using to live far below that
lifestyle ).
*
The average advice for
staying middle class is to live frugally so that you can have that kind of
lifestyle at half the wages. Smart move,
if you started following that advice in the 1990’s. By now you are out of debt and living
luxuriously. You can both work minimum
wage ( granted, full time rather than part ) and live like someone getting
twice to three times that in earnings.
You are ahead of the curve.
Me? I look far beyond that, like
how to survive with one person on half wages rather than two on full. One reason I’m so paranoid about property tax
burdens. A very modest home, on modest
property, can now very easily cost you ten hours of minimum wage a week. If you are only working twenty, and the wife
loses her job, you guys are screwed. You
were doing fine for twenty years downsizing, but you downsized to middle class
without debt. Today, you must live BELOW
that metric, in order to survive. How’s
that for a kick in the ass? All that
work, that great foresight, the sacrifice, and you get humped.
*
You keep losing
assets. Lose of assets means lose of
adaptability. Even moving into genteel
poverty requires some resources. And all
of the above? That was in a time of no
great upsets. Yes, I understand in 2008
you lost your house equity and became the proud owner of an underwater
asset. But that equity was illusionary
wealth. If you didn’t lose your job,
that just meant you had lost a fictitious profit. It meant you became a lifetime debt serf. Not a great change, but certainly not an
event you weren’t able to financially adjust to ( that time in coming, of
course ). At any time you could suddenly
down size and save to invest, as long as you had the job that was paying for
all that middle class goodness. You had
options. Just Business As Usual chipped
away at those options, severely, in one single generation. But you still retained resources to pursue
options. But if we keep losing
resources, in good times, think how much we lose in one upcoming major event.
*
Look, 2008 was THE event
that affected us all. But our masters
had become so good at kicking the can that most of us barely felt it. It was the equivalent of the mass introduction
of credit cards in the ‘70’s so as to allow debt to cushion any lifestyle
blows. But those blows were eventually
absorbed and suffered for. We have yet
to suffer for 2008. Wait for it! What I am suggesting is that you look beyond
the fifty year attempt at trying to live a dying middle class life and just
accept the inevitable and voluntarily step down in lifestyle. So as to survive and thrive ( as much as I
despise that saying and attitude ), using assets as they are available rather
than waiting too late. Not only are you
unable to time the waterfall collapse, neither can you foresee lesser events
that will effect your ability to adapt.
You need to stay proactive. Word
to the wise.
END
Please support Bison by buying through the Amazon ad graphics at the top of the page. ***You can support me through Patreon ( go to www.patreon.com/bison )***You can make donations or book purchases through PayPal ( www.paypal.me/jimd303 )
*** Unless you are in extreme poverty, spend a buck a month here, by the above donation methods or buy a book. If you don't do Kindle, send me a buck and I'll e-mail it to you. Or, send an extra buck and I'll send you a CD ( the file is in PDF. I’ll waive this fee if you order three or more books at one time ). My e-mail is: jimd303@reagan.com My address is: James M Dakin, 181 W Bullion Rd #12, Elko NV 89801-4184
*** Pay your author-no one works for free. I’m nice enough to publish for barely above Mere Book Money, so do your part.*** Land In Elko* Lord Bison* my bio & biblio* my web site is www.bisonprepper.com *** Wal-Mart wheat***Amazon Author Page
* By the by, all my writing is copyrighted. For the obtuse out there
I recommend you live in states that have 'homestead exemptions' for property taxes - you still have to pay, but cannot in your lifetime while occupying your land loose the land in many such states.
ReplyDeleteNote the caveats - must occupy the land, while you live, etc.
Good article. Hubby and I were lucky that we panicked early and bought our land in 1992. (We started with 10 timbered acres for $15,000.)
ReplyDeleteNow working part time and at low wage jobs, there is no way we could afford to buy land up here unless we brought the money with us from working in town.
But it's not too late for newbie peppers. Food and water are still fairly cheap so stock it deep. You can still find inexpensive land but it probably won't have trees and water on it.
It's better to attempt to do something than sit around and do nothing.
Idaho Homesteader
Backwoods Home isn't helping anyone, trying to sell the bucolic homestead fantasy few can afford. Really just as bad as Rawlesian Concrete Bunker And Semi Arsenal Monthly. Buy ANY land, at least you divorce the landlord.
DeleteI think "Backwoods Home" was the way to go back in the the 1990's when the magazine first started. The original publisher had started his own homestead after a divorce. So he was writing from first hand experience.
DeleteUnfortunately, you had to be paying attention and panic early to ride this wave.
Idaho Homesteader
It pisses me off I wasn't panicking back that early, still on the Mormon one year schtick. I could have been a dozen years ahead of the game.
Delete