41–50 of 194 posts
the #1 thing is how to build community online... effectively, relationships. this is actually harder to do for a lot of folks... especially the millions who are now forced to do it. im training a few folks a week: http://yen.camp
I think the most important skill is learning how to gain access to zero-interest loans from the Federal Reserve. This skill allows you to lend to your buddies who can purchase distressed businesses and properties for pennies on the dollar, which gives you and them the opportunity to make billions in profits while everybody else is suffering. I’m still trying to learn how to do this; if anybody has any information abo…
And hopefully utilize those profits to help fewer suffer.
I’m curious: What do you mean by this?
Agriculture, hunting, fishing, carpentry and masonry.
Einstein: "I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones."
A tactical position requires caution when vulnerable. old festering wounds and international quarrels can quickly be escalated in a situation like this.
It is a feasible scenario that someone of less than level head thinking will:
see opportunity >take advantage >achieve an objective.
So my suggestion short term is: learn to cook if you don't know how to. Not fancy, haute cuisine, but how to take whatever's in the pantry and make something tasty out of it. Learn how to grow some produce in small spaces, even if it's just herbs.
Learn how to not spend money. How to reduce your energy and water usage. How to do basic repairs and projects yourself. What you have to buy in a time of logistical disruption is time. If you can increase the time you can be without income from a month to four months or from six months to two years, that is a remarkable difference in your resilience.
I think the most important skill is learning how to gain access to zero-interest loans from the Federal Reserve. This skill allows you to lend to your buddies who can purchase distressed businesses and properties for pennies on the dollar, which gives you and them the opportunity to make billions in profits while everybody else is suffering. I’m still trying to learn how to do this; if anybody has any information abo…
> This skill allows you to purchase distressed businesses and properties for pennies on the dollar Banks aren’t net purchasers of assets in downturns. (If anything, they tend to shed risk-weighted assets.) Non-bank financial firms, who have access to cheap financing, but NOT to Fed funding, are the asset accumulators. They go into crises with cash or credit lines. (And tend to be net financiers to banks in crises. Ba…
After that, the world reverts back to what it was doing.
My point is that this is no underlying weakness in the global economy. It's more like a slow moving natural disaster.
I'll admit I don't feel super confident that this is how things work. Happy to be corrected!