Quote from: the_big_m_in_ok on February 12, 2016, 07:58:40 PM
       I was told earlier in this thread that gold can't be eaten, since a silver dollar can't be eaten, either.   Money is a medium of exchange, only.   Making it a commodity like cereal grains that are physical,---they're a commodity---will eventually be impossible to control.   Just like the worldwide stock markets.   That's usury and it's a sure way to go broke---eventually.

       Food that's preserved is fine.   Guns---that work---and---enough!---ammo---that works---will also be valuable in a barter economy.   They're a commodity as long as greed doesn't get in the way and prices one 'out of the market'?

Quote
3) Get some bitcoin

Same as the one immediately above, ultimately.

Quote
4)Get out of debt (or have a method of servicing the debt without income)

Money can make one a slave to it because it can take paying off a debt 10-25+ times as long when money is devalued that much.   I had an older relative who lived through the Great Depression and that's what he said.   Having no debt is fine, but not everyone has the money available quickly ENOUGH to take advantage of the idea.

Quote
and 5) Stockpile enough for 12 months food water power

Okay, I admit I've done that my way.   A have a place I can go and there's some bad-@ss dudes around to make sure me and they're not messed with.   I did it and I suggest you do something like it, too.

Quote
and 6) ?

Time almost out on this computer.   #'s 1-5 can speak for themselves.   Luck is also something INTANGIBLE, but I admit I'm an IRISH Jew, and luck does mean something personal to me.   It might or might not be that for you.   Make up for it somehow if you think you need to.   It's all up to you.

If I have time tomorrow, I may say more.

--Lee

Bitcoin is a little different.  It is a very secure portable asset that I can store a passcode in my head and piece of paper in my pocket. If I have to I can email it to anyone but without both the private key and passcode no government agency can seize it and no one else can spend it. 

Quote from: Nink on February 12, 2016, 08:41:51 PM
Bitcoin is a little different.  It is a very secure portable asset that I can store a passcode in my head and piece of paper in my pocket. If I have to I can email it to anyone but without both the private key and passcode no government agency can seize it and no one else can spend it.

Getting late in Calif. where I live, but I'd say that I was 'railed against' by a couple others on this Overunity Site Forum, when I started this thread, for essentially ignoring a certain aspect of possible reality that they maintained staple commodities were a WHOLE lot more useful as survival barter items because they can survive awhile if they're preserved and, say, MRE's(Meals Ready to Eat").   Dry goods are another source of useful items by barter.
       Money coins and bills can't be eaten.   I didn't like being disagreed with at first, but at least that argument is valid, as far as it goes   As long as staple commodities exist, one can barter for something you really want.   As long as they last.   After they're gone, you've got nothing left unless more are personally found or made artificially.   I agree with this premise.
       But, when the modern countries in the 1st and 2nd world societies, lose money markets in a collapse, they have nothing physical to compensate or replace them with.   Also(?), when this happens, starvation can occur on a large scale in bigger cities because people in large cities don't know how to live off the land like rural residents can be capable of.
       (The "back to nature" movement was big in the past I recall when I was younger, say, in the 60s and 70s)


Okay, now, with the bitcoin, it's dependant on a properly functioning computer, right?   It's inedible as a source of nutrition.   That's what I'm getting at as this self-admitted 'long-winded' discourse with some more information added was just written.   HOWEVER, even commodities like wheat and corn need to be grown under minimum conditions where vegetable life is possible.   Canned foods have a definite shelf life and can't be used forever unless enough technology is preserved to generate more commodities through mechanized plant manufacturing.   Without electrical power, that won't happen.   Same with enough raw materials in sufficient quantities.   No way without sufficiently advanced technology.
       If power generators quit running, the country might return to the early- to mid-19th Century(?)   I think.   The Industrial Revolution began in the 1850's or some time before.   Inventions from genius' like Edison and Tesla gave the modern world their benefits of inventions to advance the quality of living for ordinary people.
        Humanity can survive with enough 'backwoods men' to replace those who starve, suffer disease, accidents or war casualties.   If this country falls to the technology level of the mid- or early-19th or 20th Century, that would help more people who can't survive in the wilderness.   However, I don't know exactly how bad it'll get because of human free will.   People can do what they want and it's their responsibility to overcome karma they make, if they actually make it.
       All I can do is live with the state of San Francisco as the future unfolds.   I do actually have a personally motivated exit plan.   It's what I can do with the potential condition that could exist.   As I may have said, luck is something I've benefitted from in the past.   It's a factor that's part of what I'll need to live with in the future.


--Lee

http://www.theglobeandmail.com/globe-investor/inside-the-market/market-updates/european-asian-markets-jump-on-china-stimulus-hopes/article28759425/
       triffid and all others,
Allow me to be the first to say I might have to already said, stock crashes/recessions/depressions start out bad and then rebound to some extent before they REALLY fall badly.   The Asian stocks are doing this now.   Many are up to some extent.


Okay, I see this.   BUT the main elements of the Chinese economy are still weak.   They've been like that for a couple of months.   AND, the iranians are pumping oil again after restrictions were lifted by Pres. Obama.   And also----American oil---especially from shale oil, is near or at maximum possible.   


       It'[size=78%]s only a matter of time before the stock "rout" continues as it did.   The Chinese demand control and "control freaks" like them usually get stiff resistance from others whether they want it or not.[/size]
[size=78%]
[/size]
[size=78%]I'm quitting now.   This small text came on without my doing it.   Somebody is playing a stupid GAME and I'm tired of it.   I'm NOT wearing my reading glasses.   This is a lot harder to write.   I quit!   This sucks![/size]
[size=78%]
[/size]
[size=78%]--Lee[/size]


p.s.
This isn't as bad as I thought.   The letters are regular sized, and the beginning and enging notification comes out in regular size.   It's fairly easy to read.

I was watching the news last night on TV and they said that within five years in the USA(if no changes are made) ,there will be 42% unemployment with the young people.Thats 2021!triffid