To Buy or Be an Asset?

A major swath of the United States economy and jobs is leisure and service. In this year of covid lock downs, many of these businesses are hemorrhaging. Businesses that have been around for over one hundred years are shutting their doors. We have had almost thirty straight weeks of nearly one million new jobless claims. The average American has an astronomical amount of debt, and even before the lock downs and job losses, most were barely making it paycheck to paycheck. We seem to be witnessing a societal shift: and all politics aside, the damage done to this economy is irreversible and we have yet to see the full effects. So how do we prepare and adapt? Knowing that I run a homestead, I’m sure you can guess what my opinion is. It is the strong that deserve to live, it is the strong that deserve to rule. To be strong you must BE an asset and not a burden.

When folks heard the word prepare they used to associate it with doomsdayers. Being prepared is now looked upon, by the general population as simply an insurance policy. You can see this in the ten fold increase of demand for things like deep freezers, raw ingredients, canning supplies, and seeds and livestock. 2020 has provided many with the reality of their dependence on the just in time system and it has rocked them to the core.

Those of us that deal with northern winters or Hurricanes are no stranger to the concept of being prepared. But being prepared for seasonal storms will not be enough for this next chapter. Thirty million job losses, many of which are never coming back. Food banks all across the country are struggling to service these families coming through their doors. When forbearance and eviction bans come to an end, the flood gates of bankruptcies and homelessness will burst open. Desperation leads good folk down dark paths.

If you can buy assets do it. Gold and silver will help preserve ones wealth, and bullets, beans, and band aids will help preserve the body. What good is preserving wealth if the body dies because the preps run dry? Buying assets is not enough, you have to become an asset. Becoming an asset means learning tangible skills that will help you provide for not only yourself and your family, but for your community as well. Skills and knowledge that I mean are commonly known as blue collar jobs. Construction, electrical, plumbing, mechanics etc. Having the know how and where with all to grow, process and preserve your own food as well, for many butchers are booked for months so they may too busy for you to depend on them. Herbal and field medicine is also high on that list of skills that would make you an asset.

Our economy is changing; who knows what it’s going to look like when the transition is over. Where will you find yourself?