It's all about "confidence". One can put resources into various financial defenses, but my fear remains that once the SHTF, all bets are off and societal collapse will follow very quickly. If you cant actually make it through to the other side then even gold or preferred paper assets are not going to help you. City dwellers are in a particularly risky position.
Very well put. I’ve been reading a lot of financial history recently. I’ve noticed that people like to pick apart the responses to crises, but rarely does anyone criticize the root causes, which are either seen as inevitable, or innocent mistakes.
Their has been noting benign or innocent about central bank policy since Greenspan and Y2K.
It's all about "confidence". One can put resources into various financial defenses, but my fear remains that once the SHTF, all bets are off and societal collapse will follow very quickly. If you cant actually make it through to the other side then even gold or preferred paper assets are not going to help you. City dwellers are in a particularly risky position.
Very well put. I’ve been reading a lot of financial history recently. I’ve noticed that people like to pick apart the responses to crises, but rarely does anyone criticize the root causes, which are either seen as inevitable, or innocent mistakes.
Their has been noting benign or innocent about central bank policy since Greenspan and Y2K.