This is another of the W.O.O.D. series of semi-regular
Weekly Occasional Open Discussions.
(i.e. if I forget and skip one, no big)
Immediate prior one here:
and remains open for threads running there (at least until the ‘several month’ auto-close of comments on stale threads).
Canonical list of old ones here:
For just general FYI notices, use to “tips” pages. All the old ones remain for historical reference:
What’s Going On?
The world has been preoccupied with the Chinese Wuhan Covid-19 problem for a couple of months now. It’s very much not good.
It has its own set of threads to follow in its own category: Covid-19.
Some potential side effects will be mentioned here.
There’s the way China ran a small aircraft carrier through the disputed South China Sea what with the Roosevelt sidelined. You can bet that the Chinese are now very much aware they “took out our biggest baddest carrier” via a couple of sailors on shore leave. The Captain ought to have never said anything about it publicly. Maybe now they will give more attention to single person crew quarters “going forward”. Or at least some separation of groups. There’s some folks think China might want to start military trouble, both to “hit us while we are down” and to distract their population. I don’t think so, as they desperately need our food shipments.
Iran launched a satellite. Supposedly for better TV service. Trump said we’re watching it, but… It would be a dandy time for Iran to set off a nuclear EMP in the ionosphere and cripple the USA. Raging pandemic AND no electricity, communications, or computers?
Kim Jong Un is having a spot of bad health. Could get very interesting in a hurry if he has “sudden complications”.
Some other folks are talking up the potential for N. Korea to start a fight over this. Hmmm…. they have working nukes, work with Iran a lot… Just sayin’ it has potential.
Stock market took a dive, then short cover drove it back to the SMA stack. Now’s the decision point. Does it do the usual “dead cat bounce” retest of the lows, or just push on through into a roaring recovery? Hard to say as this is all so unusual. I’d expect that the absolutely shitty quarter reports and subsequent bankruptcies would drive it down, OTOH, The Fed is sending a tidal wave of money at financial instruments. Reality vs Fiat Money? Reality will eventually win, but eventually can be a long time away…
The EU is still trying to stop any effective BREXIT. Boris, back from a drive-by with God, is sticking with “No.” so good on him. Italy is P.O.’d, and rightly so, and may well exit next. Gee, maybe Boris needs to send a trade delegation to Rome to “open trade talks”. That would sure set the EUrocrats tongues to wagging ;-)
So I’d not put money in Asia, certainly not China. Africa is a basket case and will remain so. South America will be “on the rocks” for a good while as this plague is just getting started there. India is shut down and not a good idea. The Euro Zone is mid-explosive disassembly, the UK has potential, both for a good launch and catastrophic dithering… Then there’s the USA. World leader in the Covid Cases Sweepstakes and preparing to find out what happens if you go back to “Business as usual” in the middle of a highly contagious plague… Decisions decisions…. But “The time to buy is when blood is running in the streets” and we’re pretty much in that case now. The big question is “How much worse before better?” followed by “Will the wall of fiat money overcome that?”.
We’re getting record cold, record wet, and record late snow all over the “Temperate Zone” up north. This is damaging farm production at the same time that shortages of workers is damaging farmers. The potential for food shortages and famine is relatively high. China has told folks in one province to stock up with 6 months of provisions if possible. Several wheat exporters have banned exports (Russia is one). I’m much less worried about the USA. We are huge net exporters of food. Even if things go sideways, we have a fair amount of excess capacity for our own needs. BUT, will our folks be smart enough to not sell it all over seas first?
Personally, I’m keeping my Prepper Supply topped up on my every few weeks shopping run. I’m also running a more production oriented garden this year. Less playing and investigating, more volume of a few things I can eat. FWIW my best guess is that the Midwest will have the same wet “no-plant” problems this year as last. This is not going to end well as the cold wet reality is NOT being prepared for due to all the Global Warming lies and hype. You will likely be on your own in preparing.
I’d suggest folks do the same preparing. IF you can, start a garden. In any case, buy some storable dry goods and keep stocked up. A big 25# bag of rice and beans from COSTCO runs about $50 for both, and gives you survival rations for 2 for about a month, maybe two. I bought 25 lbs of bread flour at Smart & Final for about $7 and that’s about a person-month of food. Add some Jerky & SPAM and some canned fruits and vegetables, some dried onions & garlic granules for seasoning the beans, and a basic “getting started” package is still under $100. Oh, and a pack of 24 ramen cups runs abut $4 and gives me about a month of lunches (with tuna & crackers on the other 6 days) It isn’t costly to have SOMETHING in the cupboards.
Dry beans and dry white rice, in air tight glass jars, stores for a couple of years at room temperature. I’ve done it. See tips on food storage here and here. There’s a lot more in the category: https://chiefio.wordpress.com/category/emergency-preparation-and-risks/. Also gardening articles are here.
The world is a mess right now.
I’m sure theirs lots of other stuff I’ve forgotten to include. As it comes to me I’ll add it in comments.