Just posted for Peoplenomics.com subscribers:
A number of readers have asked me to write about how what’s come to be known as “prepping” helps a family to prepare for an economic depression. You know another one is inevitable, I assume: It’s what happens when the USA is forced to devalue the US Dollar because despite made-up statistical changes to our reported GDP numbers aside, the fact is that we’re quickly approaching the debt saturation point where we won’t be able to even make interest payments – let alone principal payments – to our creditors. This means folks like China and they’re not likely to be too happy about us stiffing them. But, before we get into that in detail in coming weeks, we need to develop a well-grounded perspective on the historical drivers of the arriving changepoint. After headlines, coffee, and our review of this week’s charts, of course.
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