Wednesday, May 11, 2016

Puerto Rico Goes Belly Up

A market in San Juan. Puerto Rico’s government defaulted earlier this month on a $399 million payment. Some state and local governments on the United States mainland may be veering toward similar fates.
Argentina bound: Puerto Rico goes belly up, rest of USA next
Yep, we've seen this movie before. Puerto Rico is bankrupt and those
who can leave are doing the mainland USA which is about to
follow the same path. When the USA defaults, the rich will fly away to
private islands or maybe that Galt's Gulch-style retreat that the Bush
family is rumored to be building in Paraguay, and watch the fun over
satellite TV until the power goes out and the feed goes blank. BTW,
this is why any prepper worth his salt checks multiple news feeds
every day-arrogant idiots who only watch one feed tend to miss
important news.
Puerto Rico has been falling apart for some time now.
You actually bring up two very important points.
First, be careful of the main stream media. You need to understand that all media companies are owned by people with certain interests and the media they own promotes the agenda behind those interests. Understanding this and understanding the way they manipulate and create public opinion is more important than ever for a modern survivalist. We live in an age in which we have more information available to us than ever before, but that also means that there’s just as many more channels to influence the masses.
Second, the importance of timing. Know when to leave. The ultimate survival strategy to a worst case event is moving away from it. In cases like these you need to identify when it’s time to leave. It’s not always easy, but while you don’t want to overreact, you also don’t want to wait too long past the point of no return. Due to war, economic collapse or tyranny, it may get to a point when it just too late to leave, or it becomes exponentially more dangerous or expensive to do so.
Fernando “FerFAL” Aguirre is the author of “The Modern Survival Manual: Surviving the Economic Collapse” and “Bugging Out and Relocating: When Staying is not an Option”.

1 comment:

Anonymous said...

If the USA has a financial meltdown, consider how that will spill over to other countries when thinking about bugging out...