Executive Summary
- What the key crash indicators are telling us
- The timeline to the next recession
- How far will the fall be?
- Time for action
If you have not yet read Part 1: Is The Long-Anticipated Crash Now Upon Us?, available free to all readers, please click here to read it first.
How Close Are We To A Full-Blown Crash?
We’re always looking at the current market data for a reason to send out an ALERT. We send them out extremely rarely, so it takes a preponderance of evidence to convince us to issue one.
At the end of Part 1, I walked through the tepid signals that junk bonds, US Treasurys, and gold are currently giving. There's no sign of panic (yet) in those bellwhether markets.
On the other hand, a rising dollar is what you’d expect to see if there’s some sort of a crisis going on. First because of the “flight to safety” aspect, and second because it represents speculator money fleeing foreign hands and coming home:
Given this, it’s somewhat encouraging that gold has not tanked over the past few weeks, because it has pretty much been trading as the "anti-dollar" up until now. But over the past two weeks, that correlation has broken, and both gold and the dollar have risen together.
Of interest to those of us holding gold is that there finally has been (…)
How Close?
PREVIEW by Chris MartensonExecutive Summary
- What the key crash indicators are telling us
- The timeline to the next recession
- How far will the fall be?
- Time for action
If you have not yet read Part 1: Is The Long-Anticipated Crash Now Upon Us?, available free to all readers, please click here to read it first.
How Close Are We To A Full-Blown Crash?
We’re always looking at the current market data for a reason to send out an ALERT. We send them out extremely rarely, so it takes a preponderance of evidence to convince us to issue one.
At the end of Part 1, I walked through the tepid signals that junk bonds, US Treasurys, and gold are currently giving. There's no sign of panic (yet) in those bellwhether markets.
On the other hand, a rising dollar is what you’d expect to see if there’s some sort of a crisis going on. First because of the “flight to safety” aspect, and second because it represents speculator money fleeing foreign hands and coming home:
Given this, it’s somewhat encouraging that gold has not tanked over the past few weeks, because it has pretty much been trading as the "anti-dollar" up until now. But over the past two weeks, that correlation has broken, and both gold and the dollar have risen together.
Of interest to those of us holding gold is that there finally has been (…)
Executive Summary
- The matrix of factors to consider in a Plan B residence
- What to know abot eacf of the five key factors
- Not all second homes are fully functional
- The challenges & benefits of maintaining two separate fully functional residences
If you have not yet read Part 1: Does Your Plan B Include a Second Place to Live if Plan A Doesn’t Work Out? available free to all readers, please click here to read it first.
In Part 1 we reviewed the three basic categories of Plan B Residences: temporary (to ride out an emergency); semi-permanent (to weather a recession/loss of income) and permanent (replacing Plan A residence with Plan B residence).
In Part 2, we’ll consider a Matrix of Factors that will help us choose the inevitable trade-offs of costs and benefits, and add a category—permanent maintenance of two fully functional residences.
The Matrix of Factors
While there are many factors in any Plan B, I’ve pared the key factors in Plan B residences down to five: cost, control, security, depth of resources and functions enabled. Each is on a sliding scale from low to high. There are costs and benefits to each being low, medium or high.
Let’s go over each factor.
Cost:
While cost measured by price is self-explanatory, this also includes opportunity costs (what else could have been accomplished with the money?), time (the hassle factor of how long it will take to get something done) and labor—how much labor must be invested to accomplish a goal.
There is even a stress cost: how much will this goal/project add to my stress load? Even if the money needed is on hand, the overall cost can be high in terms of time, hassle, stress and opportunity cost.
Control:
By this I mean ownership (of the land, the house, etc.), contractual control (of jointly owned assets, of any hired labor, etc.) and functional control, i.e. residency. As many have discovered to their regret, it’s possible to have legal ownership/control but end up with effectively zero functional control, as your house might be occupied by squatters or family members who morphed from allies to enemies.
Control is important because…
The Benefits & Challenges Of Maintaining A Retreat Property
PREVIEW by charleshughsmithExecutive Summary
- The matrix of factors to consider in a Plan B residence
- What to know abot eacf of the five key factors
- Not all second homes are fully functional
- The challenges & benefits of maintaining two separate fully functional residences
If you have not yet read Part 1: Does Your Plan B Include a Second Place to Live if Plan A Doesn’t Work Out? available free to all readers, please click here to read it first.
In Part 1 we reviewed the three basic categories of Plan B Residences: temporary (to ride out an emergency); semi-permanent (to weather a recession/loss of income) and permanent (replacing Plan A residence with Plan B residence).
In Part 2, we’ll consider a Matrix of Factors that will help us choose the inevitable trade-offs of costs and benefits, and add a category—permanent maintenance of two fully functional residences.
The Matrix of Factors
While there are many factors in any Plan B, I’ve pared the key factors in Plan B residences down to five: cost, control, security, depth of resources and functions enabled. Each is on a sliding scale from low to high. There are costs and benefits to each being low, medium or high.
Let’s go over each factor.
Cost:
While cost measured by price is self-explanatory, this also includes opportunity costs (what else could have been accomplished with the money?), time (the hassle factor of how long it will take to get something done) and labor—how much labor must be invested to accomplish a goal.
There is even a stress cost: how much will this goal/project add to my stress load? Even if the money needed is on hand, the overall cost can be high in terms of time, hassle, stress and opportunity cost.
Control:
By this I mean ownership (of the land, the house, etc.), contractual control (of jointly owned assets, of any hired labor, etc.) and functional control, i.e. residency. As many have discovered to their regret, it’s possible to have legal ownership/control but end up with effectively zero functional control, as your house might be occupied by squatters or family members who morphed from allies to enemies.
Control is important because…
Executive Summary
- Recognizing manipulation
- Absorbing information on your own terms
- Dealing with propagandized friends & family without ruining relationships
- Healing the polarization the propaganda creates
If you have not yet read Part 1: We're Being Played available free to all readers, please click here to read it first.
Staying In Control
Personally I do not have a TV precisely because ‘they’ are so good at what they do. I do not trust myself to resist their efforts because their methods are beyond my ability to resist 24x7x365.
I can maintain my vigilance for only so long, before I give up and give in. What I’m trying to say here is that it is not a sign of any weakness on your part if you have been taken in by their methods, only that you are human. There is no shame in being played, it’s a function of how you and I are wired.
If I did have a TV, I would absolutely not allow the sound to be on during commercials, and even better I would get a TiVo or its equivalent and skip past commercials.
But we can control how much we get played by simply not exposing ourselves to too much of the junk.
Awareness is your first key to not being played. It’s your first line of defense. Avoiding unnecessary propaganda/subliminal stimuli is your second key.
So staying in control of ‘your’ thoughts and emotions is as simple, and as hard, as being aware of the efforts to sway and/or implant ideas in your head and then avoiding those efforts as much as possible.
The benefit of doing so is a happier and more authentically connected life. After all, it is your ideas and gifts the world needs, not your regurgitation of someone else’s.
Also, advertising is largely built upon the idea of…
How To Protect Yourself From Persuasion & Propaganda
PREVIEW by Chris MartensonExecutive Summary
- Recognizing manipulation
- Absorbing information on your own terms
- Dealing with propagandized friends & family without ruining relationships
- Healing the polarization the propaganda creates
If you have not yet read Part 1: We're Being Played available free to all readers, please click here to read it first.
Staying In Control
Personally I do not have a TV precisely because ‘they’ are so good at what they do. I do not trust myself to resist their efforts because their methods are beyond my ability to resist 24x7x365.
I can maintain my vigilance for only so long, before I give up and give in. What I’m trying to say here is that it is not a sign of any weakness on your part if you have been taken in by their methods, only that you are human. There is no shame in being played, it’s a function of how you and I are wired.
If I did have a TV, I would absolutely not allow the sound to be on during commercials, and even better I would get a TiVo or its equivalent and skip past commercials.
But we can control how much we get played by simply not exposing ourselves to too much of the junk.
Awareness is your first key to not being played. It’s your first line of defense. Avoiding unnecessary propaganda/subliminal stimuli is your second key.
So staying in control of ‘your’ thoughts and emotions is as simple, and as hard, as being aware of the efforts to sway and/or implant ideas in your head and then avoiding those efforts as much as possible.
The benefit of doing so is a happier and more authentically connected life. After all, it is your ideas and gifts the world needs, not your regurgitation of someone else’s.
Also, advertising is largely built upon the idea of…