The amount of bad news is shocking. We saw this coming years ago, but it was always on the horizon. Years away, not weeks. But now, the world has gone insane, and that leaves us with an important question:
Are you ready for the worst?
The collapse of America and Europe has already begun. All that we are arguing about now, is how fast the collapse will be.
Are you going to bet that this disaster will not affect you very much?
I hope not. Smart people prepare for the worst and pray that it never hits them.
I got a bit of a jolt yesterday. I was out with my wife, when she told me that she had ordered NT$6000 in vouchers.
I thought, “Vouchers? Vouchers for what?”
Oblivious to my confusion, she went on to say that the cost will be NT$2000 to participate in this program and that there were certain limitations to what we could use them for. As she went on describing the details of what these vouchers were, I realized that The Greatest Depression had arrived in Taiwan.
Now, NT$6000 isn’t all that much. It’s about US$200, since one dollar is worth NT$29.49, which can be a bit intimidating when you see a McDonald’s hamburger listed for $100. (YIKES! Oh, wait… ) Since everyone assumes that you know the price of everything is in ‘NT$’, they leave off the ‘NT’.
I’ve been here for ten years, and I still get a bit of a shock at times.
However, this voucher program is a big deal here. The Taiwanese are extremely frugal, and their government has reflected that by keeping the national debt to around a third of its GDP. So, when they come out with a voucher program like this, it’s serious.
That was the final wake up call for me.
Over the past few years, we’ve been pretty careful to have extra everything. So, we’ve been prepared for any short term disruption. But, I think that we need to up our game a bit, now that Taiwan is being affected by the global depression.
How about you?
Taiwan is a pretty stable country, with a society that doesn’t expect much from their government. Also, the Taiwanese still have a social memory of what times were like before her meteoric rise in affluence. So, when things get really bad, they’ll tighten their belts and keep going without falling apart.
Of course, if China invades this island, all bets are off. Having said that, Mrs. Little and I didn’t come here to ‘play it safe’.
So, what about your situation?
Will your society fall apart when the economy collapses?
Will the food distribution networks keep running?
Are you ready for food prices to increase?
That last one is probably the most immediate issue. Food prices WILL increase. In fact, the price of everything is going to increase, or disappear from store shelves completely. We’re already starting to see some of that, here in Taiwan. And, I’m betting that you are going to see that as well.
Are you in a safe place?
Do you have a safe place that you can get to?
And, do you have friends and family that you can depend on?
I cannot tell you with certainty that Pastor Coverstone is right, that his dreams are from God. But, I can tell you that what he foresees is a lot like what has happened before, under similar circumstances. Only this time, we live in a high tech society that can destroy itself far more quickly than ever before in human history.
The Roman Empire went from business-as-usual to complete collapse in under nine years. If an iron age culture can fall that quickly…
…how fast will America and Europe fall?
Are you prepared for the worst?
If not, now is the time to start.
Links From This Past Week
Here are the most important links that I saw this past week.
In fact, America and Europe have hit an iceberg, and water is pouring in. The pumps have kept us afloat for the moment, but they cannot keep going forever. Eventually, the pumps will fail, and our great civilization will slip beneath the waves.
THE FALL OF AMERICA AND EUROPE
Remember that the Roman Empire fell for many of the same reasons that our civilization is falling. Unfortunately, our fall will be far more spectacular than Rome’s.
Clearly, these governments are not stupid. They have to realize how much revenue has collapsed and how much damage they have caused to the people and the economy. Our models are projecting HIGHER interest rates ahead and this reflects their high-risk gamble on trying to overthrow Trump.
What they fail to grasp is that the private sector has lost all confidence in governments and as such, they have destroyed the old financial system of perpetual borrowing. As fiscal mismanagement abounds, interest rates will rise to reflect credit risk. The central banks are powerless to prevent this rise.
The Fed cannot buy all state debt any more than the ECB will be authorized to buy all sovereign debt in the Eurozone. We have reached the point of no return.
The writer, Jeffrey A. Tucker, was in New York City, in March, when he met a psychiatrist, who said this:
“Madness is all around us. The public is adopting a personality disorder I’ve been treating my whole career.”
“What is it that you do?” I asked.
“I’m a practicing psychiatrist who specializes in anxiety disorders, paranoid delusions, and irrational fear. I’ve been treating this in individuals as a specialist. It’s hard enough to contain these problems in normal times. What’s happening now is a spread of this serious medical condition to the whole population. It can happen with anything but here we see a primal fear of disease turning into mass panic. It seems almost deliberate. It is tragic. Once this starts, it could take years to repair the psychological damage.”
The writer then said:
It took weeks however even for me to realize that he was right: the main threat society faced was a psychological condition.
In reading the history of nations, we find that, like individuals, they have their whims and their peculiarities; their seasons of excitement and recklessness, when they care not what they do. We find that whole communities suddenly fix their minds upon one object, and go mad in its pursuit; that millions of people become simultaneously impressed with one delusion, and run after it, till their attention is caught by some new folly more captivating than the first. We see one nation suddenly seized, from its highest to its lowest members, with a fierce desire of military glory; another as suddenly becoming crazed upon a religious scruple; and neither of them recovering its senses until it has shed rivers of blood and sowed a harvest of groans and tears, to be reaped by its posterity…. Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one.
The writer goes on to issue a mea culpa, talking about how his expectations of a return to normalcy were deeply incorrect.
I was preposterously wrong, along with my four-month-old feeling that all of this stuff would stop on Monday. The psychiatrist I met in New York was correct: the drug of fear had already invaded the public mind. Once there, it takes a very long time to recover. This is made far worse by politics, which has only fed the beast of fear. This is the most politicized disease in history, and doing so has done nothing to help manage it and much to make it all vastly worse.
We’ve learned throughout this ordeal that despite our technology, our knowledge, our history of building prosperity and peace, we are no smarter than our ancestors and, by some measures, not as smart as our parents and grandparents. The experience with COVID has caused a mass reversion to the superstitions and panics that sporadically defined the human experience of ages past.
As Charles Mackay said about people:
…they go mad in herds, while they only recover their senses slowly, and one by one.
That, brothers and sisters, is our future. Madness… madness, everywhere.
This is just more evidence of the need for America’s destruction. We are no longer ashamed of our fornication. In fact, we revel in it.
EVIL THAT WE HAVE DONE
And, the evil isn’t just fornication. It’s also the evil that we’ve done to other countries and ourselves.
We sent out our soldiers to kill others, and it has destroyed them.
This is a big part of why I am against America’s wars. In addition to the evil that we have done to others, we are forcing our own soldiers to commit these evils. They joined the army and marines to fight for freedom. And, the price that they paid was more than they could bear. The weight that these men carry, is beyond comprehension. And, I am so, so sorry. And, we were the ones who did it to them.
One of the greatest evils committed by the CIA, is the global trade in heroin. What they have done is so foul, that I can hardly believe it. For this alone, they should be smashed into a thousand pieces and scattered to the winds.
But, they’ve become far too strong, too wealthy, too powerful.
A lot of these links might not seem to be connected to the coming of Gog and Magog, but they are. A big part of this invasion will be due to the power vacuum that forms in the region, drawing them down. And yes, they will use the Palestinians as a pretext for their ‘intervention’.
The irony is that the writer demonstrates his own vulnerability to ‘groupthink’ with the last sentence. But, the article is a good one. Groupthink is a mental virus that we can no longer afford to tolerate. —
QUOTE: This is a game of survival of the fittest. We do not have to run around naked on some island eating bugs. But we may have to take precautions and move to safe havens outside of urban cities for sure.
A man goes into the Soviet car showroom and asks to buy a car. The disinterested salesman doesn’t even put out his cigarette and says, “We only take 100% cash payments.” The man puts down a bag full of roubles on the table. The salesman sits up and counts them greedily.
“The only colour is grey,” he informs the customer as he counts.
“No problem,” the man replies. “When will it arrive?”
The salesman slowly looks through a dog-eared book and says “Mmm…….five years from today.”
The customer nods sagely; and then asks “Morning or afternoon?”
“What do you care morning or afternoon?” asks the salesman
“It’s five years from now!”
“Well,” says the customer, “I am getting my fridge in the morning.”
As they used to say in Soviet Russia, “We pretend to work, and they pretend to pay us.”