Money & Economics

One other thing that should be on the list is produce seeds, fertilizers, etc. so you can grow some veggies, etc.

One guy I get a kick out of his YT videos is J Bravo. He moved out of CA to TX, bought a bunch of farm land, having a pond put in with fish, building a couple houses and out buildings, and plans to get some chickens, cows, pigs, etc. In the mean time, he sells stupid stuff on amazon, does trading, has courses trading, until the "S" hits the fan.

Another one is the EuroDollar guy. He has a good point on why nothing will replace the eurodollar until the dollar collapses, as it's a complex setup to replace.

Well Glenn, yes there is a connection. Thanks for asking.

So red States advising investment firms they are pulling their State pensions funds out is starting to have an impact of the ESG BS?

Jamie has made a few reversals of late. He knows which way the wind blows, virtue signalling isnt what it was a few years back. he's just trying to get in front of it

Trillions and trillions of dollars being pissed away all in the name of projects and policies that supposedly are environmentally friendly but create more environmental destruction; the net gain is a net loss. EVs are part of this. I don't doubt that there is global warming happening as climate change has occurred over billions of years and the one thing that is clear is climate change is real. But, is it man-made global warming? Maybe it is, maybe not. But these knee jerk reactions with trillions of dollars being spent on the unknown are ludicrous.

"Scientists" are under pressure to toe the line with regard to the forced conclusion that global warming is man-made. And ESG plays a large part of that push. You have people and companies tripping over themselves for the sake of higher ESG scores. And, not necessarily because it's the right thing to do but because if you don't play the game then you can forget about doing business with other companies, industries, governments. People are cancelled, businesses are cancelled, contracts are cancelled. What do you think one would do if one's job and survival depended on if you toe the line or not? Trillions of dollars spent and the impact will be inconsequential. If we really are concerned about man-made pollution causing global warming I would vote we take trillions and trillions of dollars and do a Manhattan Project style endeavor to make nuclear fusion a cost effective reality. If we are going to blow money let's at least not flush it down the toilet and create more environmental damage for the sake of virtue signaling.

The whole Climate Change grift is going to collapse sooner than later

Ok @bigredfish Any bets as to which one collapses 1st.?
Climate Change grift
Every countries debt bonds
Joe Biden Ukraine
New York City followed closely with New York State
The dollar
Civilization

garycrist said:

Ok @bigredfish Any bets as to which one collapses 1st.?
Climate Change grift
Every countries debt bonds
Joe Biden Ukraine
New York City followed closely with New York State
The dollar
Civilization

Click to expand...

Chyna ...

Man, all tough choices, and many tied together!

I think the climate change grift is falling apart rapidly here, but Europe still has the heads in their ass.

Of those I'd have to bet a tie between debt bonds and the dollar (of course if one goes so does the other)

bigredfish said:

The whole Climate Change grift is going to collapse sooner than later

Click to expand...

Well, I was waiting for Kalifornia to go bankrupt. Hurry up damnit!

I'm seriously looking at physical PM as a hedge. Say 5% of total

^^^ I would have gone with about 20% if it weren't for that boating accident...

bigredfish said:

I'm seriously looking at physical PM as a hedge. Say 5% of total

Click to expand...

Welp, make your gold jewelry or collectors coins because who's to say it won't be made illegal again by the commie gubermint.

All I admit all are tough decisions. But, what are you preparing for? (redundant)
If one is adherent to eschatology, then one IMHO, is prepping for someone else!
If not, then prepare for a measure of wheat for a measure of gold.

Just a thought question that needs no answer.

Homeowners insurance
Anybody else had their homeowners insurance renew for the year lately? My auto and homeowners both renew in April. Starting in April our auto actually went down a little but our homeowners is increasing 48% which amounts to about $105 more per month than last year. My wife gets on Nextdoor and she said a lot of people were complaining about theirs, some increasing by over 90% supposedly.

gwminor48 said:

Homeowners insurance
Anybody else had their homeowners insurance renew for the year lately? My auto and homeowners both renew in April. Starting in April our auto actually went down a little but our homeowners is increasing 48% which amounts to about $105 more per month than last year. My wife gets on Nextdoor and she said a lot of people were complaining about theirs, some increasing by over 90% supposedly.

Click to expand...

Yup, in Florida it's out of control.

I believe I read that house insurers are asking for a 42% increase to the NC Insurance Commission. Normally they ask for like 20%, but end up getting 7-10%.

Our county just re-assessed our properties, going up about 20%. I think they do a blanket % on all properties, send out the notices and then you can complain to try to get it lower. It went up about 4 years after buying the house in early 2000's, tried to complain....denied...didn't bother after that.

For my house insurance in Oregon:
2021 +9%
2022 +16%
2023 +42%
2024 don't know yet