The Working Class Challenge

While current events have been of historic proportions, history suggests these type of events usually end badly.

A little advice

Play by the rules, don’t play games. When it comes to the government, and your money, you can run but you can’t hide – even outside of the US. There are rules for reporting and I recommend compliance with the law. It’s a matter of practicality, let the IRS catch you misbehaving and there will be hell to pay. (Ask Martha Stewart.)

Bill asked about where to invest “real estate versus stocks, bonds, etc.?” Diversification is important, avoid guaranteed money losers, and include assets that protect against inflation. I see Bill Gates is buying farmland.

Jim Rickards opines:

“…. Once it becomes apparent to markets that you are monetizing all the new debt, confidence will erode, rates will climb and this pyramid scheme will collapse.

And once confidence is lost, citizens can turn to land, gold, silver, natural resources and other hard assets as dollar alternatives.”

A dear mentor, Charlie, was from rural Alabama. He was very successful. He told me, “Miller, when my daddy died, I inherited 40 acres and a mule. No matter what, I ain’t selling! I can go back to my roots if I have to.”

Our nation, our culture, and our people will survive. Despite what has happened, I’m sure old Charlie passed on the 40 acres to his children with the knowledge of what to do if need be.

Bill, I’m encouraged by my readers, most are independent and will do whatever it takes to survive and thrive through tough times. Stay on top of things, be flexible, and stay close to your family.

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