The Rich are Prepping

F.Y.I. Survival Tidbit

Early in 2017, the Dow hit 20,000 for the first time ever, but rather than celebrating, some of the richest of the rich built bunkers to prepare for a potential apocalypse.

These “preppers” are making other investments too. They’re buying houses in New Zealand, which has become a popular spot in case of calamity. And they’re getting elective surgery. You just need so many things to ride out the apocalypse.

The political climate has made many coastal elites anxious about the future.

To some degree, we all collectively take it on faith that our country works, that our currency is valuable, the peaceful transfer of power — that all these things we hold dear work because we believe they work. While they are quite resilient, and we’ve been through a lot, certainly we’re going to go through a lot more.

Doomsday prepping crosses political lines. When Barack Obama (AKA Barry Soteoro) was (S)elected to his second term, conservative preppers hunkered down, collecting canned goods and gold coins and buying products hawked by Glenn Beck and Sean Hannity..

Today’s preppers are investing in tech-based currencies like Bitcoin as well as in precious metals, since they’re looking to secure assets in systems not tied to the stability of government structures.

More than half of Silicon Valley billionaires have outfitted themselves for a crisis, whether with a bunker, second home or vacation spot.

It runs the gamut from a lot of people stocking up on Bitcoin and crypto-currency, to figuring out how to get second passports if they need it, to having vacation homes in other countries that could be escape havens.

After all, the same imagination that powers Silicon Valley can also terrify it.

When you think big, it’s common to take things ad infinitum, and that leads you to utopias and dystopias.

The Valley’s preppers have the resources to help soothe their troubled minds.

The tech preppers do not necessarily think a collapse is likely. They consider it a remote event, but one with a very severe downside, so, given how much money they have, spending a fraction of their net worth to hedge against this, is a logical thing to do.

Credit: Jonathan C.

Thanks for lending Jonathan!

BONUS INFO- GOOD READ!

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Checkpoints (Part 2)- Leaving the Country

*Survival tidbit

There are countless wars being waged right now. Blood soaks the ground of almost every continent. Neighbors turn against neighbors in civil confrontation. Rebels and factions challenge governments, and governments return fire. And though life on the front lines, in the trenches, as an officer or fighter is horrendous, civilian life is not much easier. War takes a great toll on the minds and bodies of the innocent people in its crossfire, and still these people persevere.

How?

Fleeing. When traveling away from the conflict zones in Ukraine you better have your ID. Soldiers at checkpoints will want passports, driver licenses or other ID proofs. They may not ask for them all the time, but if they do, you better have them. They will want to know as much about you as possible. If you get the chance to leave the country, you better have your passport ready as well. Other countries are already refusing offer asylum to refugees.

Here is where a second citizenship would be just priceless. While others are refused entry, having an EU passport would mean you could just board a plane and start over elsewhere while others are refused entry entirely or go wherever they offer asylum. Because of this, having updated documents is very important.

Many Americans fail miserably at this part and just don’t understand how important it is. Back in the day, getting stopped by the police and being caught without your “papers” meant you weren’t making it back home that night. If you couldn’t prove your ID, you were considered an enemy/extremist/spy. People have been arrested and tortured just because they had long hair or dressed like hippies. You wanted to be as gray as possible, literally gray, to avoid being thrown inside one of the Triple A’s infamous olive-green Ford Falcons, never to be seen again.

Cash is king. Food was still available in Donetsk, but people just didn’t have enough cash to afford it. With inflation being about 30% a month, food prices go up accordingly, so you’re better off with Dollars or Euros rather than local currency. They may not be accepted in some chain stores, but you can exchange them on banks or on the streets at the ongoing currency exchange rate, protecting your savings from inflation and only changing for local currency as needed.

Open an offshore account. Greece, Ukraine, Iceland, Argentina, doesn’t matter where it is, when things get ugly, the currency starts devaluating and banks close their doors you’ll want an offshore account. Maybe you keep some of your savings there. Maybe you make a transfer just in case when you hear some bad rumors floating around. Transfer fees aren’t very high and its cheap insurance.

One thing is for sure: Just like you can’t buy a gun when bad guys are kicking down your front door, you can’t open an account in a foreign country just when the local economy is about to go to hell. You need to do these things ahead of time. An offshore bank account means you can keep some of your savings abroad, move money around, move elsewhere and keep your money safe even if your country if falling apart. People in Ukraine sure understand the value of such an asset.

Be ready to bug out and know when to do so. If there is one thing we can learn from the war in Ukraine, as well as war and conflict in other parts of the world, is that not being there is the best thing you can do to ensure your survival and well-being of your family. Always have a bug out abroad plan, no matter who you are or where you live. Just think about it. If you had to leave your country today, (don’t think of all the reasons you wouldn’t, just for a second, think about it as if you didn’t have an option).

Where would you go? Do you know someone there that can help you?

Finally, know when it’s time to leave. Those that hesitate, those that choose denial when the signs are all over the place, they may live to regret that. A day too late, an hour too late may make all the difference in the world.

The Whole Truth And Nothing But The Truth,

Jonathan C.
Thanks to my friend Jonathan C

BONUS VIDEO- Thanks to the author “City Prepping”

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