It's Happening.

[Speaker to Animals]

I wonder if I could get about 10 acres of land and build one of those cob homes on it for about 100k.

Probably a lot less than that, if you keep it small. Not really an option, when working with a normie and kids, though.

Might be a better plan for a single guy.

The thing is.. I would want to be able to switch to wind power to pump water out of the well, and I would want decent internet speed if it's possible. I wonder how much it would cost to build a wind generator to power a water pump and run some fiber out into the property.

If the structure is built right, I suspect I could open the windows in the summer and keep it pretty damned cool. Especially up in those mountains. I have driven up in there in the summer just to get away from the heat and it's at least fifteen degrees cooler up there. You can heat the thing with a wood furnace and fireplace.

I just don't know enough about the cob designs to feel comfortable with it yet. I wonder about the electrical wiring and so forth. What about fire hazards?

[SuburbanFarmer]

I wonder if I could get about 10 acres of land and build one of those cob homes on it for about 100k.

Probably a lot less than that, if you keep it small. Not really an option, when working with a normie and kids, though.

Might be a better plan for a single guy.

The thing is.. I would want to be able to switch to wind power to pump water out of the well, and I would want decent internet speed if it's possible. I wonder how much it would cost to build a wind generator to power a water pump and run some fiber out into the property.

If the structure is built right, I suspect I could open the windows in the summer and keep it pretty damned cool. Especially up in those mountains. I have driven up in there in the summer just to get away from the heat and it's at least fifteen degrees cooler up there. You can heat the thing with a wood furnace and fireplace.

I just don't know enough about the cob designs to feel comfortable with it yet. I wonder about the electrical wiring and so forth. What about fire hazards?

I can tell you that fiber is crazy-fucking-expensive to run yourself, especially up a mountain. Your easiest option would be DSL service.
Or, if you can get it there, you could dig a trench yourself, and install coax cable from the road to the house for cheap. A friend of mine recently did that.

[SuburbanFarmer]

http://www.zerohedge.com/news/2017-11-1 ... e-un-warns

A WFP report from March says that some 108 million people across the globe faced “crisis food insecurity or worse,” a dramatic increase from 2015 when the figure was 80 million. The document says that major food crises were fueled by “conflict, record-high food prices and abnormal weather patterns.”

[SuburbanFarmer]

http://www.zerohedge.com/news/2017-11-1 ... -your-life

John Williams of Shadow Government Statistics calculates the CPI using early-1980s methods. Williams re-creates how the government previously calculated the CPI before they reconfigured their scheme to understate inflation versus common experience. By Williams’ calculations the CPI is increasing at an annual rate of 9.8 percent.

If we assume price inflation to be 3 percent per year, that means the purchasing power of your cash drops by 30 percent over a 12 year period.

Hence, if you retire at age 62, that means you’ll see the purchasing power of each dollar you own decline to $0.70 by age 74. By age 86, your purchasing power will be cut in half.

In short, 3 percent annual price inflation reduces each dollar you own to just $0.50 in less than 25 years.

[SilverEagle]

http://www.zerohedge.com/news/2017-11-1 ... -your-life

John Williams of Shadow Government Statistics calculates the CPI using early-1980s methods. Williams re-creates how the government previously calculated the CPI before they reconfigured their scheme to understate inflation versus common experience. By Williams’ calculations the CPI is increasing at an annual rate of 9.8 percent.

If we assume price inflation to be 3 percent per year, that means the purchasing power of your cash drops by 30 percent over a 12 year period.

Hence, if you retire at age 62, that means you’ll see the purchasing power of each dollar you own decline to $0.70 by age 74. By age 86, your purchasing power will be cut in half.

In short, 3 percent annual price inflation reduces each dollar you own to just $0.50 in less than 25 years.

GCF you know that I've been talking about this for year. Both here and on the old DCF. Most sheep here and everywhere don't see it or really even feel it.

[SuburbanFarmer]

http://www.zerohedge.com/news/2017-11-1 ... -your-life

John Williams of Shadow Government Statistics calculates the CPI using early-1980s methods. Williams re-creates how the government previously calculated the CPI before they reconfigured their scheme to understate inflation versus common experience. By Williams’ calculations the CPI is increasing at an annual rate of 9.8 percent.

If we assume price inflation to be 3 percent per year, that means the purchasing power of your cash drops by 30 percent over a 12 year period.

Hence, if you retire at age 62, that means you’ll see the purchasing power of each dollar you own decline to $0.70 by age 74. By age 86, your purchasing power will be cut in half.

In short, 3 percent annual price inflation reduces each dollar you own to just $0.50 in less than 25 years.

GCF you know that I've been talking about this for year. Both here and on the old DCF. Most sheep here and everywhere don't see it or really even feel it.

I know. I feel that the moral thing is to at least keep trying to warn people.

[SilverEagle]

http://www.zerohedge.com/news/2017-11-1 ... -your-life

GCF you know that I've been talking about this for year. Both here and on the old DCF. Most sheep here and everywhere don't see it or really even feel it.

I know. I feel that the moral thing is to at least keep trying to warn people.

Fair point. My wife and I make just over $160k per year combined. We don't feel rich or upper middle class. Just middle class.

[SuburbanFarmer]

GCF you know that I've been talking about this for year. Both here and on the old DCF. Most sheep here and everywhere don't see it or really even feel it.

I know. I feel that the moral thing is to at least keep trying to warn people.

Fair point. My wife and I make just over $160k per year combined. We don't feel rich or upper middle class. Just middle class.

Supporting a family of 6 on less than half of that. You're just barely in the middle class

[SuburbanFarmer]

Bitcoin approaching Tulip Craze levels, at nearly the same pace.



http://trueeconomics.blogspot.com/2017/ ... ubble.html

On price dynamics alone, Bitcoin looks like a sure bubble - a disaster waiting to happen. But Bitcoin dynamics are basically not suited for any empirical analysis of any significant accuracy

No investor or serious analyst has been able to provide a fundamentals-based valuation model for Bitcoin.

[SuburbanFarmer]

https://dailyreckoning.com/the-illusion-of-growth/

In short, financial information has been totally corrupted by the distortions of monetary central planning. Accordingly, when the third and greatest financial bubble of the 21st century collapses — and it is coming soon — it will also arrive as a great surprise.

As I keep insisting, monetary central planning systematically falsifies asset prices and corrupts the flow of financial information. That’s why bubbles seemingly inflate endlessly and massively, and also why financial crashes and economic corrections appear to come out of the blue without warning.

Back in the winter of 1999-2000, for example, we were allegedly in the midst of a “new age economy.” The revolution in technology then underway, it was claimed, meant all historic valuation benchmarks — like P/E multiples, cash flow and book values — were irrelevant to stock prices.

Likewise, in the fall of 2007 there was nary a cloud in the economic skies. That’s because the Great Moderation led by the geniuses at the Fed had purportedly engendered a “goldilocks” economy destined to expand indefinitely.

Within months of the dotcom epiphanies, however, the highflying NASDAQ 100 crashed — eventually hitting bottom 83% below its new age heights. And 15 months after the S&P 500 reached its goldilocks peak of 1570 in October 2007 it staggered around in smoldering ruins at 670 — down 57% from its housing bubble high.

Today, the so-called stock market now consists entirely of what amounts to day traders and HST (high speed trading) machines. There is no “price discovery” in the classic sense of divining the true economic and political fundamentals. The casino has become entirely a ward of the central banks.

Needless to say, we are again on the precipice of a crash and correction that no one sees coming, but this one has an added twist.

Namely, three strikes and you are out!

What I mean, of course, is that the Fed and other central banks are out of dry powder. They are now stranded near the zero bound with bloated balance sheets that have actually reached hideous girth relative to current GDP and all historical experience — meaning they will have almost no capacity to reflate the next busted bubble, as they quickly did in 2001 and 2009.

Do yourself a favor and get out of the casino now.