Podcast
The second part of Chris’ interview with John Williams, noted guru on government statics, is reserved below for you, our enrolled members.
If you’ve not yet listened to Part 1, click here to do so.
Part 2 of the interview delves deeply into the specific risks our economy faces and why John concludes high inflation is the sad but certain outcome. And why he has substantially moved up his date for the onset of hyperinflation given the Fed’s recent actions.
Among other details, John provides his outlook on the expected signs hyperinflation is manifesting itself and what individuals can do to protect themselves against it.
Part 2 of the John Williams Interview: Hyperinflation Ahead
PREVIEW by Chris MartensonThe second part of Chris’ interview with John Williams, noted guru on government statics, is reserved below for you, our enrolled members.
If you’ve not yet listened to Part 1, click here to do so.
Part 2 of the interview delves deeply into the specific risks our economy faces and why John concludes high inflation is the sad but certain outcome. And why he has substantially moved up his date for the onset of hyperinflation given the Fed’s recent actions.
Among other details, John provides his outlook on the expected signs hyperinflation is manifesting itself and what individuals can do to protect themselves against it.
Protecting Yourself Against Crime and Violence
by thc0655
Well, that was quick. As you may have noticed, things are rapidly progressing from the outside in as the turmoil in the Middle East has now taken down two oil rich countries.
On the ground in the eastern chunk of this oil-rich desert nation, the signs of rebellion are plain to see in the armories of a military base near Baida: Weapons crates lay busted open and empty. Rifles are missing from their racks. Left behind are helmets and gas masks and cleaning kits—things that can’t shoot.
For four days, rebels newly armed with anti-aircraft guns and Kalashnikovs battled forces loyal to Libyan strongman Col. Moammar Gadhafi and commanded by one of his sons. After days of firefights, feints and an ambush on unarmed local sheiks, the regime forces surrendered their hold on the vital local airport Tuesday morning—placing nearly all of eastern Libya outside Col. Gadhafi’s control.
The battle for Baida airport is one example of how quickly the tide across Libya has turned against Col. Gadhafi. A brutal crackdown by pro-Gadhafi forces across the country has left at least 300 dead over six days, civil-rights groups say.
Going, going, gone.
PREVIEW by Chris MartensonWell, that was quick. As you may have noticed, things are rapidly progressing from the outside in as the turmoil in the Middle East has now taken down two oil rich countries.
On the ground in the eastern chunk of this oil-rich desert nation, the signs of rebellion are plain to see in the armories of a military base near Baida: Weapons crates lay busted open and empty. Rifles are missing from their racks. Left behind are helmets and gas masks and cleaning kits—things that can’t shoot.
For four days, rebels newly armed with anti-aircraft guns and Kalashnikovs battled forces loyal to Libyan strongman Col. Moammar Gadhafi and commanded by one of his sons. After days of firefights, feints and an ambush on unarmed local sheiks, the regime forces surrendered their hold on the vital local airport Tuesday morning—placing nearly all of eastern Libya outside Col. Gadhafi’s control.
The battle for Baida airport is one example of how quickly the tide across Libya has turned against Col. Gadhafi. A brutal crackdown by pro-Gadhafi forces across the country has left at least 300 dead over six days, civil-rights groups say.
Abraham Maslow detailed a hierarchy of human needs as drivers of human motivation, postulating that we first attend to our physiological needs for air, food, and water, followed by our need for safety. Only when those needs are met do we then attend to higher level needs, such as creativity and achievement. Recognizing that energy descent will require significant changes in standard of living for most of us, we immediately want to secure the basics and find ways to make supplies of those basics resilient.
Like many people, when I first learned about Peak Oil about six years ago, I began with physical preparation for a lower energy future. It makes total sense that many of us do this when recognizing danger ahead. The What Should I Do? guide here really supports us in learning about physical preparation. Chris says, “We are more resilient when we have multiple sources and systems to supply a needed item, rather than being dependent on a single source.” However, as Chris and many others have pointed out, all of our physical preparations are “necessary but insufficient,” because we simply don’t know what exactly will happen and we are totally dependent on natural resources for everything we consume every day.
So what else can we do? I believe we need to focus a significant part of our crisis preparation on developing inner resilience in addition to cultivating external, physical resilience.
Cultivating Inner Resilience in the Face of Crisis
by suziegruberAbraham Maslow detailed a hierarchy of human needs as drivers of human motivation, postulating that we first attend to our physiological needs for air, food, and water, followed by our need for safety. Only when those needs are met do we then attend to higher level needs, such as creativity and achievement. Recognizing that energy descent will require significant changes in standard of living for most of us, we immediately want to secure the basics and find ways to make supplies of those basics resilient.
Like many people, when I first learned about Peak Oil about six years ago, I began with physical preparation for a lower energy future. It makes total sense that many of us do this when recognizing danger ahead. The What Should I Do? guide here really supports us in learning about physical preparation. Chris says, “We are more resilient when we have multiple sources and systems to supply a needed item, rather than being dependent on a single source.” However, as Chris and many others have pointed out, all of our physical preparations are “necessary but insufficient,” because we simply don’t know what exactly will happen and we are totally dependent on natural resources for everything we consume every day.
So what else can we do? I believe we need to focus a significant part of our crisis preparation on developing inner resilience in addition to cultivating external, physical resilience.