International Man: The carbon hysteria extends far beyond oil and gas companies. One overlooked area is household appliances.
Politicians are implementing increasingly stringent regulations for dishwashers, washing machines, and other appliances. There have even been reports of a desire to phase out gas stoves. What’s your take on all of this?
Doug Casey: As Der Schwabenklaus of the World Economic Forum boldly said some years ago, “You’ll own nothing and be happy.”
The fact that a prominent figure could actually say that, promote the idea, and not be pilloried gives you an idea of the spirit of the current century. The lack of outrage from the average man is even more sick than the idea itself.
Not owning appliances is a practical application of the meme, but just one tentacle of the global warming octopus. Appliances are constructed from resources that have to be mined and run with electricity; that makes them evil. It’s much more important in these people’s views to “save the planet”—a ridiculous concept—than to continue raising the standard of living.
The fact is that the self-righteous authoritarians who want to limit the use of appliances basically just hate people—especially middle-class people. They’d really like to revert to pre-capitalist times, when only the upper classes, the feudal aristocrats, could benefit from conveniences. Ecowarriors, the Greens, are cut from the same cloth as socialists, communists, and fascists. Their totem fruit is the watermelon, green on the outside and red on the inside.
International Man: Many people have noticed that modern appliances are not the same quality as the ones produced decades ago. For one thing, modern appliances tend to require much more time to do the same thing an older model could do faster. For example, today, it’s common to see a standard dish-washing cycle to take more than two hours.
Modern appliances also don’t perform as well and break down more frequently. Climate regulations are largely to blame for this regression. What is really going on here?
Doug Casey: I don’t have a lot of personal experience with how appliances work, but I’ve certainly heard that modern appliances are designed to sacrifice convenience and time in order to possibly use less water or electricity.
One thing that I do recall is that several decades ago, the US government decided to regulate the amount of water that could be used to flush toilets. The devices are now less sanitary and often have to be flushed twice. The idea that politicians should mandate plumbing designs is absurd. But they do this with all products—cars, planes, houses, you name it. They destroy capital and slow technological progress, even while annoying and frustrating engineers.
But perhaps the average person doesn’t think about these things or care. The standard of living has gone up for so long that we tend to think it’s automatic and divinely ordained. I’m not so sure about that. Everything tends to wind down unless there is enough outside force to counteract it.
For instance, we live in a throwaway society. If you need something repaired, it’s generally more economic to throw the whole thing away than to hire a skilled craftsman to fix it, even though they barely exist anymore, and they’re very expensive. It’s often cheaper to replace things that break.
Is that truly economic or not? I’m not sure, but we can see it even with houses. Once upon a time, houses were built to last 100 years or longer. They were a major capital investment. But now, they seem to be the residential equivalent of IKEA furniture. They’re disposable assets. But who cares if you’re renting or have a large mortgage?
I can understand how a “throwaway” mentality might be a good thing, even though it seems wasteful, simply because technology improves. Out with the old, in with the “new and improved.” Most changes make electricity, plumbing and insulation more economic. Who wants old stuff when technology can give you new stuff that works better? The problem, however, might be that new appliances are expensive and often financed. Your standard of living might go up in the short run but further down in the long run as you deal with debt.
A case can be made for everything being bulldozed after 50 or 100 years—a cycle of life argument. You may want to keep an old car for sentimental reasons, but newer cars really do work better. Although you’ll probably have to finance the thing over seven years since they’re so expensive. Or lease it, turning a minor asset into a perpetual liability. And if it breaks, you can forget about trying to fix it yourself, if only because of its thousands of computer chips. The same is true with most devices.
There are reasons to hate appliances and devices even while you need or even love them. But I prefer to make the decision, not some government official. It’s a moral question, not a technical question.
International Man: Governments present so-called “green” solutions as a step forward to the future. However, in many ways, they represent a big step backward. What is your take?
Doug Casey: One currently fashionable indication of this is the 15-minute city, which governments are trying to impose all over the world. These would penalize you if you exit your designated 15-minute zone more than X number of times per month. The idea is green. And, like most green notions, it is very retrogressive. They want to return people to the status of medieval serfs, when few ventured more than 15 minutes from their hovels.
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The most egregious green solutions, of course, involve spending trillions of dollars to build wind and solar facilities to generate electricity. There’s nothing wrong with using wind or solar power, but they only make sense for specific projects, usually in isolated locations under special conditions.
Wind and solar are totally unsuitable for running an industrial civilization. They’ve gotten much better over the years as technology has advanced, but they’re still more the product of social engineering than mechanical or electrical engineering.
Electric vehicles are another example. As a lifelong car guy, I see advantages to EVs. They have very low centers of gravity, which, everything else being equal, makes them handle much better than equivalent internal combustion engine cars. They have many fewer moving parts, which adds to reliability and efficiency. They’re quieter, emissions-free on the road, and lightning-fast. These are big pluses.
But on the downside, they’re a nightmare when it’s too cold or too hot; temperature extremes drain batteries, and it’s still quite inconvenient to charge them. That’s assuming the huge extra load they entail doesn’t cause the whole “sustainable” wind/solar grid to collapse.
Of course, battery technology will improve, so they may yet fulfill their promise. But in the meantime, when the lithium battery needs replacement, you might as well junk the car. Plus, they tend to be ultra-expensive to repair if you’re in a fender bender and potentially quite dangerous under certain conditions.
Unless I either want a high-performance plaything or was in an ideal environment where I’m just using it locally, EVs don’t currently make much sense. In fact, almost all “green” solutions are uneconomic, counterproductive, and even destructive.
International Man: The rise of carbon hysteria has coincided with rising inflation. For example, the average person might typically be expected to be upset by a drastic rise in meat or energy prices.
But his anger is muted and misdirected by the media, academia, Hollywood, and politicians telling him that his reduced standard of living is somehow helping save the planet. It seems like the carbon hysteria is a mass campaign to gaslight people into accepting a lowering of their standard of living. What is your view on the relationship between inflation and the carbon hysteria?
Doug Casey: Well, inflation is caused by money printing. The carbon hysteria will mostly be financed by money printing. So, there’s an indirect relationship. But it’s actually worse than that.
It’s long been said that war is the health of the State. We’re now looking at an insane war on carbon to supposedly save the planet. Carbon is not only the basis of all life, but CO2 levels are only marginally above what’s necessary to sustain plant life.
It’s genetically inbred in people to pull together during a war. The eco-hysterics ask: “What could be more important than a war to save the planet?” So, of course, thoughtless people will accept less and do what they’re told. In my view, this is all complete nonsense.
If they tell the plebs that inflation is somehow necessary to fight deadly CO2 and save the planet, then the average pleb will probably go along, since he’s got almost no knowledge of economics, and even less of science.
The planet will be just fine. It’s been here for 4.5 billion years and will be here for billions more, long after humanity has disappeared or gone elsewhere. Anyway, the climate hysterics don’t really care about “saving the planet”; even they aren’t quite that stupid. What’s going on is that they actually hate humanity. And themselves. The world is suffering from an episode of mass psychosis. My reaction is to push against them wherever possible.
International Man: Where is the carbon hysteria trend headed? Have we hit the high water mark?
Doug Casey: Well, we have to look at both long-term and short-term trends. The long-term trend—the ascent of man—has been in motion for at least 10,000 years. It’s been advancing exponentially with more scientific breakthroughs, leading to better technology and a higher standard of living. Will that trend stop? I’d like to think it will not only continue but accelerate.
But there have been counter trends within that very favorable long-term trend. The Bronze Age collapse around 1200 BC set civilization back for over 400 years. The fall of Roman civilization in the West led to the Dark Ages from roughly the fifth through the ninth centuries. Could we be on the cusp of something similar? There are plenty of reasons for concern. But let’s not engage in fear porn.
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I hate to think something so dire is in the cards. But Dark Riders are at large, and the eye of Sauron is scanning the world. The tendency towards authoritarianism or even totalitarianism worldwide is growing—not to mention the possibility of World War III.
The negative trends go way beyond carbon hysteria and appliances that don’t work very well.
International Man’s Note: We’ve seen governments institute the strictest controls on people and businesses in history. It’s been a swift elimination of individual freedoms.
But this is just the beginning…
Most people don’t realize the terrible things that could come next, including negative interest rates, the abolition of cash, and much more.
If you want to know how to survive what the central bankers and the Deep State have planned, then you need to see this newly released report from legendary investor Doug Casey and his team.
Five Things New “Preppers” Forget When Getting Ready for Bad Times Ahead
The preparedness community is growing faster than it has in decades. Even during peak times such as Y2K, the economic downturn of 2008, and Covid, the vast majority of Americans made sure they had plenty of toilet paper but didn’t really stockpile anything else.
Things have changed. There’s a growing anxiety in this presidential election year that has prompted more Americans to get prepared for crazy events in the future. Some of it is being driven by fearmongers, but there are valid concerns with the economy, food supply, pharmaceuticals, the energy grid, and mass rioting that have pushed average Americans into “prepper” mode.
There are degrees of preparedness. One does not have to be a full-blown “doomsday prepper” living off-grid in a secure Montana bunker in order to be ahead of the curve. In many ways, preparedness isn’t about being able to perfectly handle every conceivable situation. It’s about being less dependent on government for as long as possible. Those who have proper “preps” will not be waiting for FEMA to distribute emergency supplies to the desperate masses.
Below are five things people new to preparedness (and sometimes even those with experience) often forget as they get ready. All five are common sense notions that do not rely on doomsday in order to be useful. It may be nice to own a tank during the apocalypse but there’s not much you can do with it until things get really crazy. The recommendations below can have places in the lives of average Americans whether doomsday comes or not.
Note: The information provided by this publication or any related communications is for informational purposes only and should not be considered as financial advice. We do not provide personalized investment, financial, or legal advice.
Secured Wealth
Whether in the bank or held in a retirement account, most Americans feel that their life’s savings is relatively secure. At least they did until the last couple of years when de-banking, geopolitical turmoil, and the threat of Central Bank Digital Currencies reared their ugly heads.
It behooves Americans to diversify their holdings. If there’s a triggering event or series of events that cripple the financial systems or devalue the U.S. Dollar, wealth can evaporate quickly. To hedge against potential turmoil, many Americans are looking in two directions: Crypto and physical precious metals.
There are huge advantages to cryptocurrencies, but there are also inherent risks because “virtual” money can become challenging to spend. Add in the push by central banks and governments to regulate or even replace cryptocurrencies with their own versions they control and the risks amplify. There’s nothing wrong with cryptocurrencies today but things can change rapidly.
As for physical precious metals, many Americans pay cash to keep plenty on hand in their safe. Rolling over or transferring retirement accounts into self-directed IRAs is also a popular option, but there are caveats. It can often take weeks or even months to get the gold and silver shipped if the owner chooses to close their account. This is why Genesis Gold Group stands out. Their relationship with the depositories allows for rapid closure and shipping, often in less than 10 days from the time the account holder makes their move. This can come in handy if things appear to be heading south.
Lots of Potable Water
One of the biggest shocks that hit new preppers is understanding how much potable water they need in order to survive. Experts claim one gallon of water per person per day is necessary. Even the most conservative estimates put it at over half-a-gallon. That means that for a family of four, they’ll need around 120 gallons of water to survive for a month if the taps turn off and the stores empty out.
Being near a fresh water source, whether it’s a river, lake, or well, is a best practice among experienced preppers. It’s necessary to have a water filter as well, even if the taps are still working. Many refuse to drink tap water even when there is no emergency. Berkey was our previous favorite but they’re under attack from regulators so the Alexapure systems are solid replacements.
For those in the city or away from fresh water sources, storage is the best option. This can be challenging because proper water storage containers take up a lot of room and are difficult to move if the need arises. For “bug in” situations, having a larger container that stores hundreds or even thousands of gallons is better than stacking 1-5 gallon containers. Unfortunately, they won’t be easily transportable and they can cost a lot to install.
Water is critical. If chaos erupts and water infrastructure is compromised, having a large backup supply can be lifesaving.
Pharmaceuticals and Medical Supplies
There are multiple threats specific to the medical supply chain. With Chinese and Indian imports accounting for over 90% of pharmaceutical ingredients in the United States, deteriorating relations could make it impossible to get the medicines and antibiotics many of us need.
Stocking up many prescription medications can be hard. Doctors generally do not like to prescribe large batches of drugs even if they are shelf-stable for extended periods of time. It is a best practice to ask your doctor if they can prescribe a larger amount. Today, some are sympathetic to concerns about pharmacies running out or becoming inaccessible. Tell them your concerns. It’s worth a shot. The worst they can do is say no.
If your doctor is unwilling to help you stock up on medicines, then Jase Medical is a good alternative. Through telehealth, they can prescribe daily meds or antibiotics that are shipped to your door. As proponents of medical freedom, they empathize with those who want to have enough medical supplies on hand in case things go wrong.
Energy Sources
The vast majority of Americans are locked into the grid. This has proven to be a massive liability when the grid goes down. Unfortunately, there are no inexpensive remedies.
Those living off-grid had to either spend a lot of money or effort (or both) to get their alternative energy sources like solar set up. For those who do not want to go so far, it’s still a best practice to have backup power sources. Diesel generators and portable solar panels are the two most popular, and while they’re not inexpensive they are not out of reach of most Americans who are concerned about being without power for extended periods of time.
Natural gas is another necessity for many, but that’s far more challenging to replace. Having alternatives for heating and cooking that can be powered if gas and electric grids go down is important. Have a backup for items that require power such as manual can openers. If you’re stuck eating canned foods for a while and all you have is an electric opener, you’ll have problems.
Don’t Forget the Protein
When most think about “prepping,” they think about their food supply. More Americans are turning to gardening and homesteading as ways to produce their own food. Others are working with local farmers and ranchers to purchase directly from the sources. This is a good idea whether doomsday comes or not, but it’s particularly important if the food supply chain is broken.
Most grocery stores have about one to two weeks worth of food, as do most American households. Grocers rely heavily on truckers to receive their ongoing shipments. In a crisis, the current process can fail. It behooves Americans for multiple reasons to localize their food purchases as much as possible.
Long-term storage is another popular option. Canned foods, MREs, and freeze dried meals are selling out quickly even as prices rise. But one component that is conspicuously absent in shelf-stable food is high-quality protein. Most survival food companies offer low quality “protein buckets” or cans of meat, but they are often barely edible.
Prepper All-Naturals offers premium cuts of steak that have been cooked sous vide and freeze dried to give them a 25-year shelf life. They offer Ribeye, NY Strip, and Tenderloin among others.
Having buckets of beans and rice is a good start, but keeping a solid supply of high-quality protein isn’t just healthier. It can help a family maintain normalcy through crises.
Prepare Without Fear
With all the challenges we face as Americans today, it can be emotionally draining. Citizens are scared and there’s nothing irrational about their concerns. Being prepared and making lifestyle changes to secure necessities can go a long way toward overcoming the fears that plague us. We should hope and pray for the best but prepare for the worst. And if the worst does come, then knowing we did what we could to be ready for it will help us face those challenges with confidence.