Are You Personally Prepared For a Natural Disaster?

Discussion in 'All Things Boats & Boating' started by Submarine Tom, May 2, 2012.

Thread Status:
Not open for further replies.
  1. masalai
    Joined: Oct 2007
    Posts: 6,818
    Likes: 121, Points: 0, Legacy Rep: 1882
    Location: cruising, Australia

    masalai masalai

    Maybe you are like me? ONLY TO THE EXTENT OF DEFERRING WORK WHILST IT IS bloody cold outside - waiting for warmer and sunny weather (so the epoxy does its thing as and when expected - - avoiding the hassles that Wynand had recently?)

    What "first one", where?
     
    Last edited: Jul 8, 2012
  2. Fanie
    Joined: Oct 2007
    Posts: 4,604
    Likes: 177, Points: 63, Legacy Rep: 2484
    Location: Colonial "Sick Africa"

    Fanie Fanie

    Now you've ruined a friendship ! I am very unique, just like every one else :D

    What hassles did Wynand have, I know nothing of it... :confused:
     
  3. masalai
    Joined: Oct 2007
    Posts: 6,818
    Likes: 121, Points: 0, Legacy Rep: 1882
    Location: cruising, Australia

    masalai masalai

  4. Fanie
    Joined: Oct 2007
    Posts: 4,604
    Likes: 177, Points: 63, Legacy Rep: 2484
    Location: Colonial "Sick Africa"

    Fanie Fanie

    Oh ok, I thought he went and sniffed the stuff... or something.

    The problems some okes won't cause for themselves just so they can start a canversation here eh :D

    Nice chattin - I'm going to bed, it's 01h30 and it doesn't look like any burglars tonight (so far).
     
  5. masalai
    Joined: Oct 2007
    Posts: 6,818
    Likes: 121, Points: 0, Legacy Rep: 1882
    Location: cruising, Australia

    masalai masalai

  6. masalai
    Joined: Oct 2007
    Posts: 6,818
    Likes: 121, Points: 0, Legacy Rep: 1882
    Location: cruising, Australia

    masalai masalai

    This is the cause of the coming disaster being bigger than it should have been . . "If government wishes to see a depression ended as quickly as possible, and the economy returned to normal prosperity, what course should it adopt? The first and clearest injunction is: don’t interfere with the market’s adjustment process. The more the government intervenes to delay the market’s adjustment, the longer and more grueling the depression will be, and the more difficult will be the road to complete recovery. - Murray N. Rothbard" found here http://www.caseyresearch.com/gsd/home and here is info on where the debt is http://www.usdebtclock.org/ in USA and - worldwide (sort of) here http://www.usdebtclock.org/world-debt-clock.html which, being expressed as a percentage depends on how the parts are assessed... and inclusions/exclusions such as ? exposure to currency and credit derivatives ?
    6494
     
  7. longcours62
    Joined: Jul 2011
    Posts: 92
    Likes: 5, Points: 0, Legacy Rep: 47
    Location: France

    longcours62 Junior Member

    Is it an answer to : "Are You Personally Prepared For a Natural Disaster? ":confused:
    May be a "no natural disaster" or even a "no disaster at all" (for the planet) it could be a good new for the planet , because big finacial collapse means : less, less production, less trafics(trains, truck, boats ) less ...and less it is more chance for the planet !
    For resume what you predict is (for the planet) a very good new:D
     
  8. masalai
    Joined: Oct 2007
    Posts: 6,818
    Likes: 121, Points: 0, Legacy Rep: 1882
    Location: cruising, Australia

    masalai masalai

    Hi Longcours62,
    A disaster yes, for the "victims", - - and natural in the natural course of the consequences of kicking the can down the road after ineffectively wasting efforts on stupid bailout actions... Like a train that cannot be stopped until the cliff arrives and all tumble over in the style of the fabled lemmings...

    I wholeheartedly agree with the idea of "start afresh, WITHOUT those who were too blind to see the crash coming and those so blind that they believed the BS excuses made by those guilty of blindness and stupidity on throwing good money after bad to pay the debts of those who were so heavily in debt - We do not need that genetic gene pool of modern interpretation of Keynesian ideology and worship to survive...

    Iceland refused to bail out the banks, rogues and charlatans there, and Iceland IS DOING VERY NICELY NOW... A lesson all should note - and which so many in Europe are still too blind to see... Where are the mobs of angry citizens crying out for the prosecution of the stupid in bailing out failing banks and "to big to fail" businesses, that should be forced to close - look at JPMChase in the news today 4billion losses and growing in ONE QUARTER till June???

    THAT is the Natural disaster to watch carefully - NATURALLY STUPID, BLIND, FRAUDULENT, DISHONEST and THIEVES... I would point the bone at JPMC, HSBC, GS, BoA, Barclays who have been in the news recently and undoubtedly many "Central Banks" as well as a host of others intent on fraud, theft, manipulation and other acts that destroy the normal process of honest business...

    "Similarly, the gold market has the appearance of a market that is a victim of "financial repression". Given the degree of risk in the world - it is arguable that gold prices should have surged in recent months and should be at much higher levels today. The gold market has all the hallmarks of LIBOR manipulation but, as usual, all evidence is ignored until official sources acknowledge the truth. However, like LIBOR, the gold manipulation 'conspiracy theory' is likely to soon become conspiracy fact. - Mark O'Byrne, GoldCore.com...11 July 2012" http://www.caseyresearch.com/gsd/home
     
  9. SamSam
    Joined: Feb 2005
    Posts: 3,899
    Likes: 200, Points: 63, Legacy Rep: 971
    Location: Coastal Georgia

    SamSam Senior Member

    Murry Rothbard...
    My sister is a rabid RW tea party person. A bonified John Birch Society member from the 60s, Glenn Beck is almost a Messiah to her now. You and her are both under the spell of lunatics.
     
  10. masalai
    Joined: Oct 2007
    Posts: 6,818
    Likes: 121, Points: 0, Legacy Rep: 1882
    Location: cruising, Australia

    masalai masalai

    Hi Sam Sam,
    Calm down, Please do not attribute to my way of thinking ALL that said person may have gushed forth with vomit like exuberance... The words I quoted were enough. and since I did not create the expression but copied it as being, in that part and context appropriate I gave attribute for that alone... and as such, does not mean I endorse or approve of all other utterances etc... 'Sheesh - pickey' . . . . .

    Bear in mind that great ideas and thoughts arrive from all sorts of sources, but that does not mean that any said source is always brilliant in innovative thought and expression...
     
  11. longcours62
    Joined: Jul 2011
    Posts: 92
    Likes: 5, Points: 0, Legacy Rep: 47
    Location: France

    longcours62 Junior Member

    I think Iceland got a good help from England for recover ...
    And for exemple in my case your "unatural disaster" it is already here .
    I was so stupid for bbought ....Frenchs shares some fall by 89,95 % and another just by 77%.
    But it is "just" a financial disaster (for us !!) but the earth still here , all still here no (more !) polluted than before !
    We still are able to found food and water, breath not (to much !) polluted air .
    I understand (may be ) what you means ,but the USA already survive after 1925, and will survive for the next one. But for a big natural disaster ( like they like in Hollywood) asteroïde impact or solar convulsions it will much difficult to be " prepared to a natural disaster'
     
    1 person likes this.
  12. SamSam
    Joined: Feb 2005
    Posts: 3,899
    Likes: 200, Points: 63, Legacy Rep: 971
    Location: Coastal Georgia

    SamSam Senior Member

    Iceland tried all it could to bail out their banks, but, through lack of government control, the debts were so gigantic (5 times their GDP), that no matter how hard they tried, it just wasn't possible, the debt was just too big. Once the banks started teetering, Iceland nationalized them, bailed out their own citizens and completely welched on any foreign debt the banks owed.
    Icelanders deposits and accounts were bailed out, they were forgiven all mortage debt over 110% of the value of their properties by their government, while Central Bank of Iceland Governor and former Prime Minister David Oddsson stated
    Reneging on their promise to make good their banks international debts, Iceland left other countries to voluntarily reimburse their own citizens who had accounts in the Icelandic banks. Or not. In effect, Iceland declared bankruptcy and went on welfare and let other countries bail out Icelands incompetence and debts. If I could do that, while still retaining all I have, I would be doing very nicely now, too.

    Currency devaluation has reduced Icelandic wages by 50%. Their National debt is 130% of GDP.

    It's not like Iceland is an example of a normal economy anyways. Aside from their failed attempt at financial wizardry, their forte is catching fish for a living. And drinking. At the height of economic disaster, they had 7000 unemployed. Medium sized companies lay off more than that in a day. It's ruined economy led to the greatest migration from there since 1887, when a massive crowd of 5,000 people left. It's population is about the same as Lexington, Kentucky, 310,000. 500,000 people attended Woodstock.
     
  13. masalai
    Joined: Oct 2007
    Posts: 6,818
    Likes: 121, Points: 0, Legacy Rep: 1882
    Location: cruising, Australia

    masalai masalai

    OK so my news is sourced from a great distance, and only via various (reliable?) media sources... So My perception from this land, Australia, well isolated from most global trauma, could well be seen as 'rabid alarmist' by those "near the front"... It still begs my question - Why such stupidity is allowed to persist ?. - - - I lost more than 350K in asset value and lost interest - almost "chicken-s41t" against some losses, but I am only a "little fish" who lost half and more of my total life's accumulated effort .

    .. and no war or other physical evidence of a global traumatic event... ??? Just distant stories of fraud, manipulation, theft and so on and no prosecution of the corporations and entities that still continue thier plunder with seeming impunity...
    - - Why are the banksters bailed out, again and again? -
    - - Facing the truth of growing debt and dishonesty issues must be dealt with sometime soon...
    - - Denial does not resolve those festering problems that inhibit normal business, honest and fair trade - or - trust in trading operators or their money...

    The GEC so far, has really set me back to being reliant on a pension instead of being able to dedicate my life and resources to contribute in a useful and meaningful way, helping people in adjacent developing countries in sustainable agricultural management practices... Which really pisses me off - my plan in retirement was half for building my boat and half for community development activity in Melanesia....

    The GEC is an insidious crisis where there is no evidence of meteor-craters, world destroying earthquakes/volcanoes etc, global pandemics, disease and war, - or - destruction by bombs of vast swathes of homes and small businesses but huge numbers of people who are jobless, homeless, destitute and in need of regular food parcels to survive in Europe, America and Africa, - Places and regions that used to be bastions of wealth, industry and trade, seem to have statistically collapsed with many regions expressing unemployment levels exceeding 20%... - A hidden war where money control is the weapon of choice, manipulated, (ostensibly to save us?), and the victims are the consequences of "collateral damage" - Oops, who did not see that coming? - ********...

    Anything like a comet/meteor impact is not worth worrying about apart from developing survival skills necessary for a post wipe-out event, that will have likely left not much more than a few land based small marsupials etc... - A solid armoury of guns and ammo will only last a year or two...

    Knowledge on how to make basic tools,
    - - repair things with little more than wire and a yard full of broken machinery for spare parts,
    - - 'domesticate' and manage birds fish & animals for meat, milk and eggs,
    - - grow vegetables fruit, berries, nuts and grain crops,
    - - harvest, process and store surplus food,
    - - access and store potable water and recycle/safely dispose of waste... Those are some of the skills that will be needed for surviving and rebuilding following major (globally impacted) external disasters... If the GEC collapses, (like hyperinflation), the global economic systems, (because no one is likely to trust fiat money for a long while in international trade), then similar skills may also be valued... - especially when "exchange trade" is enabled - - "20 head of live cattle and a tonne of feed - for a farm tractor and trailer"
     
  14. Frosty

    Frosty Previous Member

    If you think banks can be allowed to fail you have a very juvenile grasp of finance.

    Try Playing Monopoly and close the bank half way through. You don't need to report what happened.
     

  15. masalai
    Joined: Oct 2007
    Posts: 6,818
    Likes: 121, Points: 0, Legacy Rep: 1882
    Location: cruising, Australia

    masalai masalai

    Has happened before, and the sky did not fall in, as have many businesses failed by foreclosure or going into administration / receivership etc EVEN within the last couple of weeks, - and most banks are, after all, just another business... Time to face facts and reality... Many of the "Failed Banks" continue to defraud investors and shareholders by blatant fraud and other illegal acts - time that they were individually, severally and corporately made to pay fully for the errors in their ways... Have they not cost you enough already - are you still keen to subscribe more to play their "ponzi-scheme" and contribute more to the traders-bonuses each year?

    http://www.macrobusiness.com.au/2012/07/divorce-finance-from-commerce/ commences with "There are growing signs that an intellectual edifice that has dominated economics and finance for about a quarter of a century is starting to crack. Let's call it the Market-Finance Myth (MFM). It should be self evident, at least for those of us who bother defining our terms, that financial markets need to be considered differently from commercial markets." This from an Australian perspective and based web-news site... The whole content may not be appealing to you but many ideas presented are worthy... and may help in understand some of the complexities confronting the world in these times...

    One needs to know and understand the objectives of various financial products, when they are seen as "the perfect fix-it instant pill" - Then one is likely to see a plague of these instruments sold and collateral damage becomes a major problem... That is simplistically, what is happening now - I do not understand all the ins and outs and the prospect of hyperinflation, or a crash in the value of some currencies, and the collateral damage (UNFORESEEN CONSEQUENCES) could be far reaching and cause severe damage to many national economies around the world - think how long it has taken Japan "to recover from its Moment" - 20 years so far..... and they are only managing to keep up but not get ahead of their repayment issues...

    Keeping the value of the US$ high, (by rigging the price of gold and silver through paper trading in ETF on COMEX), and using the Au$ for their overnight carry-trade placements - - cost me dearly... Yet I had no direct exposure to those products in any market.... That is what I mean by "collateral damage" to use a colloquialism from the US military - (A nice way of saying "Oops we accidentally murdered innocent civilians" - again)...
    __________________________________________________________​

    "The Second Act Of The JPM CIO Fiasco Has Arrived - Mismarking Hundreds Of Billions In Credit Default Swaps" from this link http://www.zerohedge.com/news/jpm-a...illions-cds-effort-artificially-boost-profits - this is the sort of stuff that may well see the destruction of global trade and economies reliant on international trade - who can trust whom? - - other sources estimate these potentially "damaged goods" at around US$700 trillion from the western/industrialised/developed countries.......

    http://www.caseyresearch.com/gsd/home closely monitors the evil that men do - "not much good can be said of them that cheat - - at their respective funerals as time will eventually tell". - - to modify a line from Shakespeare's play 'Julius Caesar...'
     
    Last edited: Jul 15, 2012
Forum posts represent the experience, opinion, and view of individual users. Boat Design Net does not necessarily endorse nor share the view of each individual post.
When making potentially dangerous or financial decisions, always employ and consult appropriate professionals. Your circumstances or experience may be different.
Thread Status:
Not open for further replies.