Homesteading and Survivalism

Living a simple life

Tag: economic stability

Economic indicators for preppers

What are your economic indicators? In other words, how do you determine if the general public is worried about uncertain times?

Besides all the information the government publishes, I use three indicators.

The local feed and fertilizer / farm supply store

On Friday, May 22nd I was at Circle three feed in Jasper Texas to buy some chicks and chicken feed. While I was there I took a few minutes to talk to the nice lady behind the counter.

Usually, the chicks are sold between February, March and April.

This year, the farm supply store was not able to get chicks until April. The nice lady told me the store was not able to get chicks because the suppliers were sold out. In 15+ years, this is the first time the store had not been able to get chicks in February.

Inside Job Movie Review

Want to know why our ancestor hated banks, just watch the movie “Inside Job.”

The documentary was well done, except where Glenn Hubbard got pissed off. If he would have talked to me like he did the interviewer, I would have bitch slapped him.

Inside Job starts off with Iceland, a nation that was financially sound. that is until regulations on the banks are reduced and government oversight is laxed.

The Inside job talks to various people about what helped create the crash of 2008.

Long story short, the working class people are screwed and the banks are going to keep getting richer.

There is a saying I saw awhile back that stuck in my head – “privatized profits and socialisd losses.” Meaning, when times are good, the banks keep their profits. When times are bad, the tax payers have to foot the bill.

When the federal reserve is there to hand the banks whatever money they want, who worries about losing money?

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