Casaubon’s Book: Thinking Ahead: Predicting the Depression
Casaubon’s Book » Blog Archive » Thinking Ahead: Predicting the Depression
One of the hardest things about facing tough times is figuring out what to do. The right choice depends on an uncertain future - it depends on guessing right about what will happen. Do you transfer your stock market funds to Treasuries? Get out of the market? Give up on retirement? Go back to school? Should you be preparing for a job loss? Should you let your house go? And of course, we’re gambling with your future, and losing has high stakes.
A lot of people have emailed me lately asking me what I expect to have happen, so that they can make plans. This is not something I’m totally wild about - I’d personally rather you base this on your own analysis.
Security comes from growing your own food in the backyard with a couple of greenhouses. Stop paying supermarket prices and minimize your reliance on outside and possibly unreliable food sources. Protect your family during the Great Decline!