What's new
  • Happy Birthday ICMag! Been 20 years since Gypsy Nirvana created the forum! We are celebrating with a 4/20 Giveaway and by launching a new Patreon tier called "420club". You can read more here.
  • Important notice: ICMag's T.O.U. has been updated. Please review it here. For your convenience, it is also available in the main forum menu, under 'Quick Links"!

Doomsday Prepping for Economic Catastrophy

Doomsday Prepping for Economic Catastrophy

  • Everything will be just fine you old worry wart...

    Votes: 31 23.3%
  • War is the most likely doomsday...I want a bunker.

    Votes: 25 18.8%
  • Big darned asteroid is coming making a tsunami...get a surf board

    Votes: 6 4.5%
  • You are right Bog. It's the economy stupid...

    Votes: 71 53.4%

  • Total voters
    133

BushyOldGrower

Bubblegum Specialist
Veteran
The show Doomsday Preppers seems a bit extreme in many cases and the show actually disputes the likelihood of any of the scenarios really happening but there is one I find likely.

The one is a world wide economic failure causing disruptions.

What would happen if the US dollar became suddenly almost worthless? It is the worlds reserve currency and dollars are sold to the world every day. Planet Earth is flooded with US dollars.

Currently the USA is the worlds largest single economy and we are deficit spending at about a 60 percent. We have like 1.2 trillion in revenues and we borrow like 1.6 trillion a year.:moon:

This won't be good for anyone and I really don't see a solution. Would love to hear what you think and why I am wrong.

Tell me why we won't fail? BushyOG
 

Skip

Active member
Veteran
When the dollar collapses, the Chinese will come to reclaim all their manufactured goods.

Meanwhile the Aliens will finally make their move.

(BTW, I'm reading a book about this very scenario)
 

wantaknow

ruger 500
Veteran
cant find ammo now,its three times the price ,go to infowars.com and look up how much ammo dhs has bought in the last 15 months 2.5 billion rounds ,there are a number of reasons for this ,least of which is they ,the manifacturers must get these out at the expense of not maeing outher ammo avalible to the public sector
 

Sessile G

Member
BREAKING: HUNDREDS OF THOUSANDS ARE MARCHING IN MADRID, SPAIN against Corruption, Bank debts,politicians' high wages ; Spanish POLICE ON ALERTStay tunned, Police is on high alert after a massive demonstration is occuring right now in Madrid, Spain.

[link to www.livestream.com]

[link to bambuser.com]

They are going to demonstrate in front of the House of Representatives. People is fed up with politicians' corruption and private debt. Far-right and far-left groups are marching along with liberals, libertarians, social-democrats, conservatives, communists, anarchists against the political corruption.

A Government's representative has said that this demonstration is a coup d'etat. Hope everything goes fine.













MRES...SILVER...CANNED GOODS..PURIFIED WATER AND EQUIP..PROPANE CONVERSION VEHICLE ...ETC..ETC..

AND PLENTY OF B.O.G. SEEDS.:woohoo:
 

barnyard

Member
You're assuming a level playing field BOG. As capital and the means of production become increasingly concentrated it will be a situation that some people will have and some people will have not.

Keep in mind that there is still tremendous amounts of wealth (and not just paper money) held be a few individuals. These folks will still be able to barter/trade for security, housing, food etc. while the majority of people will be fucked.

Of course the lesson here is not to count on your money but rather invest in the basic material things that enable survival.

You've reminded me of a Blake poem:

He who binds to himself a joy
Does the wingèd life destroy;
But he who kisses the joy as it flies
Lives in eternity's sunrise.

Eternity

It feels to me like your grasping BOG? Are you a buddhist?
 

TOM BOMBADIL

Active member
Circular notion, things repeat themselves again and again. how many world powers have risen and fallen. Every empire thought it would last forever. the only thing I know for sure is the more things change the more they stay the same. Only the names have changed. My money may be worthless tomarrow, and I'll get up and try to earn a little bread wether I grow it or buy it I will toil for my food.
 

jayjayfrank

Member
Veteran
only 400 american citizens are needed to cover the budget for 2 years. yes, the richest 400 americans can cover the 900 billion federal budget for 2 years. the forbes 400 richest americans total over 1.7 trillion dollars altogether.

so, to anybody who says 1.2 trillion is a lot. i say it is not. it takes less than 400 people to cover that cost. because we are both poor it may seem like a lot, common sense is not always so.

the real question is... if 400 people can cover the cost of running something the size of the US gov... what do they need us for? why don't they get on a private train and move to the mountains and start a new society ala atlas shrugged(cause that wont f'n work)

i mean its economics right? the economy stupid... stupid is as stupid does.

heres a long economic road to walk down.... slaves existed right? the whole input/output thing. they lived off of garbage and produced real value. slaves made money didn't they(for somebody)? they consume almost nothing also. so... whats the opposite of a slave? in economic sense. slaves consume very little and contribute massive amounts of product/service to the economy. could there be something that does the opposite? could there be something that does nothing but consume products and services? something that consumes but contributes very little to the actual economy, produces nothing for it - but consumes much of it?

while the north got the south to abolish slavery, both the south and the north love collecting rent. the answer my very well be atheism.

and yes, i am going back to the rez when your white man house of cards comes tumbling down.
 

BushyOldGrower

Bubblegum Specialist
Veteran
I do like Buddhist principles but don't see how that matters.

I am still always prepping for any problems. We might score a 70.
 

barnyard

Member
Buddhist principles refute materialism.

BTW, my latest prep is a solar battery charger. It charges aaa and aa batteries, and has a USB port! So I can run lanterns, radio, flashlights, cameras, tap-lights plus my laptop and tablet all with Sun power.
 
Last edited:
Top