Homestead mailing list

[Leslie <cayadopi AT yahoo.com>]

"We are not in a cycle.  We are at the crux of a paradigm shift. "  I can't 
agree with you more on that...........



PART OF ROUND TWO


“There have been 28 episodes of hyperinflation of national economies in the 
20th century, with 20 occurring after 1980. Peter Bernholz (Professor 
Emeritus of Economics in the Center for Economics and Business (WWZ) at the 
University of Basel, Switzerland has spent his career examining the 
intertwined worlds of politics and economics with special attention given to 
money. In his most recent book, Monetary Regimes and Inflation: History, 
Economic and Political Relationships, Bernholz analyzes the 12 largest 
episodes of hyperinflations - all of which were caused by financing huge 
public budget deficits through money creation. His conclusion: the tipping 
point for hyperinflation occurs when the government's deficit exceed 40% of 
its expenditures.

”According to the current Office of Management and Budget ("OMB") 
projections, US federal expenditures are projected to be $3.653 trillion in 
FY 2009 and $3.766 trillion in FY 2010 with unified deficits of $1.580 
trillion and $1.502 trillion, respectively. These projections imply that the 
US will run deficits equal to 43.3% and 39.9% of expenditures in 2009 and 
2010, respectively. To put it simply, roughly 40% of what our government is 
spending has to be borrowed. One has to ask whether the US reached the 
critical tipping point?”


http://www.gold-speculator.com/editors-picks/12888-hayman-advisors-history-shows-hyperinflation-occurs-when-deficit-exceeds-40-gdp.html




http://news.yahoo.com/s/ap/20100120/ap_on_bi_ge/us_congress_debt_limit_11 
With Congress proposing even higher deficit limits it is unlikely that they 
are going to get the deficit spending back under the historical tipping 
point.  There is more to this study which isn't in the link above .... the 
part that reveals that there is a 3-5 year lag time between the 140% deficit 
spending and the point where the masses become aware "we've got a problem 
houston".  Last year actual came in at 143% deficit spending per  US Office 
of management & budget.
 
Also last week on CNBC a US Senator on the US Budget committee  stated we are 
going to go thru a hyperinflation just a couple years from now.... can't 
believe they didn't bleep him out.  Usually they only let the "nuts" like Ron 
Paul warn about hyperinflation.  It think it caught them by surprise and they 
did not make fun of him, a definite deviation from SOP.

 
 
As you say, all the more reason to embrace homesteading as much as possible, 
and as fast as possible.
 
This year I have obtained as many heirlooms as possible.  I'm expanding the 
square footage for gardens, and continuing to get more canning supplies, etc. 
 
 
 
PS Thanks for the heads up on that co....  I went elsewhere instantly.
 
 
 
 

Perhaps.  But it has equally become diluted by our human need to feel 
secure and hopeful, even if we must fabricate the basis for that security and 
hopefulness.

A few years ago some began raising the hue and cry about a financial 
disaster on its way based on unrealistic rise in real estate "values" and the 
financial skulduggery that supported it.  On the internet were in equal 
amounts 
passioned warnings and flippant dismissals.  Yet, amongs all that blather 
the numbers were there and could not be explained away.  Turns out the 
pessimistic were right this time (the numbers were always pessimistic).

I bring this up because that was round one.  Round two is soon to start and 
is widely known by those who have not forgotten their sixth grade math 
skills.  Crushing federal deficit (debt), virtually no productivity, and a 
pathological dependence on imports (oil and Chinese crap).  No amount of 
cheerfulness and optimism will make the numbers go away.

This means that embracing (or more important, having embraced) a 
subsistence life on the homestead is far more to the point today that it has 
been in 
the past.  Sixteen or seventeen or more years ago when many of us were first 
participating on this list, homesteading was a curiosity ... a more serene 
life, better food, etc.  But he way this country and the world is heading 
subsistence living may soon cease to be a curiosity and be in earnest one of 
the few feasible paradigms available.

We are not in a cycle.  We are at the crux of a paradigm shift.  That's 
whither homestead.

James
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From: "Clansgian AT wmconnect.com" <Clansgian AT wmconnect.com>
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Sent: Tue, February 2, 2010 11:35:27 AM
Subject: Re: [Homestead] Wither Homestead?




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Subject: Re: [Homestead] Gravel driveway and grading
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--- On Tue, 2/2/10, EarthNSky <erthnsky AT bellsouth.net> wrote:

> Just for clarity, it is not washing around the culvert, the
> road bed (on 
> the tire tread path) washes away to expose the culvert
> underneath. 
> Thgat fabric might work there, too, and would be much
> lighter in weight 
> than steel.� It would not distribute the weight, but
> it might hold the 
> underlaying soil in place so that the surface gravel has a
> nice 'bed'.

Another option might be to put larger gravel over the culvert.  Perhaps 2" or 
larger would not wash away?
Van Dell