first world wealth

FIRST WORLD WEALTH

Preserving wealth isn't just a First World Problem ( I prefer “White People Problem”, but I've been informed I'm using too much ghetto vernacular. After reflection, I have to agree with this being a sloppy habit. I invested in the trap of it being edgy and cute, and I need to attempt to return to boring and stodgy, unless I wish to be complicit in butchering the Western language. In and of itself, not a huge deal. But it IS an additional assault our culture doesn't need. A few things are hard to reject. Yo, and Bitches, for instance. But this IS a concern I need to work on ).

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Even peasants in Turd World crapholes have excess wealth to preserve. The habit of silver jewelry in India, for example. If you have enough to eat, most likely you are living in a culture and economy where surplus can be saved. If you are living in the US, and are not residing in a cardboard box under an overpass, you should have plenty of wealth you need to worry about saving. If you do not, you are wrong. And, no, I am not trying to throw stones in a glass house. Myself, I was wrong for the longest time.

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Having an RV or mobile home is not preserving wealth, even if it is lowering your cost of living. Buying MRE's and semi-auto's is not preserving wealth. Placing Greenbacks under the mattress is a great form of short term savings, but it isn't preserving wealth. And no, silver and gold alone is a good habit but it isn't necessarily preserving wealth. It preserves SAVINGS, but it doesn't grow wealth, which is needed to preserve wealth if you intend to pass it on to your children.

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The simple answer to preserving your wealth is, there is no ONE answer. It is a multi-faceted issue. Fortunately for you, I love hearing myself talk so I have plenty of time to blather on about it. Unfortunately for you, I have plenty of time...:) What got me thinking about this was an article by Ron Unz ( HERE ) where he mentions that the West Coast Jewish Mob had a hand in liquidating the Japanese American property for a tidy profit ( the taxpayers were then allowed to pay pennies on the dollar reparations ). This got my few spare neurons firing.

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I said to myself, Self, you stud the ladies swoon over, what could those poor Nipponese have done differently to preserve their wealth, as this is highly pertinent in today's climate of Deplorable asset stripping? The Japanese Americans had worked like dogs but been legally prohibited from owning land ( they used the Anchor Baby loophole that the Latinos are now employing. Good or bad, a discussion for another time ), but they were frugal and hard working and did eventually secure farms and small businesses. And that is what was taken from them, by the lawyers ( legal crooks ).

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Just hard work and skill ( two things the Japanese culture does very well ) don't necessarily preserve wealth ( the similar German culture saw immigrants successfully establish themselves here, fighting for Lincoln's Union, then being persecuted during WWI ) when it is in forms easily confiscated. You cannot steal someone's skill sets, but you can sure swipe the tools and homes and use the legal system against the skills use. The Chinese practice of family bankrolled business is equally subject to theft, but they are also fundamentally different culturally.

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A lot of Chinese are mere merchants. They don't necessarily have a set skill that they must utilize for a living. Their skill is using racial networks for supply, and selling anything anywhere. They are just as easily targeted, but they can recover much easier. Their infrastructure cannot be confiscated, or infiltrated ( since it is family and Chinese orientated ). The end products at a stall or store may be taken, but not their ability to be restarted. The Japanese and Germans relied on their in country system, which turned against them. Now, I'm not suggesting you fantasize about starting a Redneck Infrastructure. How could you?

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I am suggesting that you view your business defensively. How can you get screwed by the lawyers and politicians? Because they have, and they will. We are no longer a nation that rewards skill and hard work. We are predominantly a place where far too many people want something for nothing and their chicks for free. I mean, don't get me wrong. Fraud and Consumer Beware are as old as trade ( “pig in a poke”, for instance ). What is different is that not only is this culturally widespread and condoned, it has become about the only way to prosper.

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Yes, a shrinking pie and the fight for the remaining pieces, granted, but the acceptance of same is what should worry you. Look no farther than my field, the survivalist publications. How many try to screw you? Not just Old Hat information, lazy solutions, blatant misinformation but actual dangerous advice? 99% of the practitioners were of this mold. Luckily, that number has shrunk, perhaps to as little as 90%, after the ad revenues shrinkage and YouTube censorship. It is turning into more of a meritocracy, thank any of the gods you follow.

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Yes, I know, blasphemy. But you do realize that many of the charlatans pandered to your sincere divine belief for their con game, yes? I might be a barbaric heathen but I try to remain fair. But the shrinkage of disposable income, and available advertising revenue, has shrunk the posers and pretenders a bit. That is wonderful, yes? The quality of information has improved. There has never been a better time to get actual helpful advice since Kurt Saxon privately published to end run the establishment approved doom merchants. He had his issues, but less than most. Martha says, that's a GOOD thing.

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( Kurt might have been racist, although if so he wasn't a weak Nancy Boy apologizing for it. He was terrible citing his sources, giving the impression he had invented/visualized ideas himself. He was terribly non-prolific, his periodicals anything but on schedule. But he was the only frugal survivalist and would still be if not for yours truly. In the great scheme of things, he was a King Stud, and we love him )

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Now, thinking back on the hundreds of prepper publications that rushed to riches as the middle class was decimated, did any of you notice much if any backlash against it ( in the beginning, not just the last few years )? I'd wager not. It has become so common that the lowest common denominator set up shop, sometimes we don't even notice it. When you go spend $10 on a movie ticket, to see a $200million budget production, don't you usually walk away unimpressed? When was the last time you enjoyed a meal out?

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( I thought I was King Krap, finally finding a decent french fry [ at cheating, hater Wendy's, no less ], but once again I was setting myself up for disappointment. I was lucky the first two times to get the fries right out of the grease, and it was heaven on a stick. The last time I went, I discovered the horrid reality of lukewarm fries from the purveyors of the Great Frosty Shake-Down. My faithlessness in humanity was restored )

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Okay, I'm just getting started, but my arm grows weary ( one finger hunt and peck, as always ) and I still must throw a bone to my e-mail newsletter subscribers. Continued tomorrow.

( .Y. )

( today's related Amazon link click HERE )

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note: Mr. Dumbass, esquire ( The Economic Collapse Blog Dude ) has predicted that the Saudi Arabian located US military base is being upgraded and expanded for our war with Iran.  I say it is to occupy or destroy Saudi Arabia, for partially dropping the PetroDollar.  We'll see who is right.  You heard it here first, where I fear no pessimistic prophecy!  
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