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Charles Hugh Smith: The Burden of Knowing - What is Behind the Curtain

Yet many readers tell me they meet fierce resistance from those around them. I understand completely; I personally do not know a single person in my circle or neighborhood who has prepared for even a few days without the global supply chain--and I live in "earthquake country" where a massive earthquake is not a possibility, it is a certainty; the only missing bit of knowledge is "when." As one correspondent put it recently, most people have more dog food on hand than they do food for themselves. I don't advertise my own preparations, and I pass them off as "earthquake preparedness" as that strikes people as only slightly mad and paranoid rather than the full-blown madness of knowing the whole system is extremely vulnerable and precarious. Very few people I know well have any savings to speak of either. I have repeatedly suggested that they sell--sell their second home, sell their office condo, sell anything and everything to reduce or eliminate their debt, but they persist in working themselves to death to pay the mortgages on their mini-real estate empire. They all hope that the bubble will somehow magically reinflate, even though the possibility of that happening with 19 million vacant dwellings, rising interest rates and 5 million foreclosed homes in the pipeline is essentially zero. Readers ask me for investment advice; I cannot offer any, because I am not qualified to do so, nor do I care to do so; the future is unknown to us all. I can only say that I don't trust the stock market or the propaganda, and so cash is King in my eyes, and whatever their drawbacks, gold and silver will not go to zero, while paper assets and even real estate can either go to near-zero or become a capital trap. I don't have a "cure" for this MSM-Savior-State induced madness, or the emotional burdens of knowing it is all interlocking dependencies supported by webs of lies and fraud, and thus is it really is "different this time," but not in the way the shills, carnies and toadies think.

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