Prep Updates 04/01/13

Death Spiral?  TEOTWAWKI?  I like how she states: “Little is being done to acknowledge it.”  So true, people would prefer to keep their heads in the sand.  When the bubble bursts, they will be scrambling and we will be saying I told you so.

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Prepper Deals out on the Internet:

Check out this long term (10 years) food storage item for your pets, available over at Freeze Dry Guy.

Current events and opinion:

Some Cyprus depositors facing hefty losses
PJ:  This is big news and if you think it cannot happen here you are sadly mistaken: Accounts at Bank of Cyprus with deposits of more than 100,000 euros ($128,225), which are uninsured, will lose 37.5% of their value after they are converted into a class of bank shares, the central bank of Cyprus said in a statement.

5 Things to Do When Retirement Savings Fall Short
PJ:  My advice?  Don’t be the guy who dumps every last penny into a 401k or IRA.  Unless of course you want to be the guy saying “Hi, welcome to Walmart” once the market crashes (yet again) and your “retirement” gets decimated.

Gun Store Owners Say Ammo Shipments Are Not Even Making It To Shelves
PJ:  I’m reading stories about people standing in line for hours waiting to pay ridiculous prices for a few boxes of ammo.  I distinctly remember telling some people I knew personally to stock up last year, apparently they did not heed my warning either and are now sucking wind.  I told you so.

Kelly warns Republicans about blocking a Senate debate, vote on gun control legislation
PJ:  Talk about grasping at straws.  He knows it’s over, and yet he still tries to remain relevant.  Molon Labe Mark.

2013 drought may be worse than 2012, says NOAA
PJ:  I’ve written about the drought of 2012, if the drought of 2013 is to be worse we are in for a world of hurt.

Interest Rates Will Rise, And Bubbles Will Burst
PJ:  The writing really is on the wall, the only unknown factor is time.

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