Ripped from the headlines, October 24, 2022
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“Renters Hit Breaking Point in a Sudden Reversal for Landlords”
“Invitation Homes Seeks $1 Billion to Cash In on Housing Slowdown”
“How Google’s former CEO Eric Schmidt helped write A.I. laws in Washington without publicly disclosing investments in A.I. startups”
BONUS: The Atlantic Council CBDC Tracker
Ripped From The Headlines… Manic Monday! Things To Ponder:
If you rent, you’ve noticed… rents keep moving up. Sure, supply & demand makes sense… but with the economy, the question that never gets asked… just got asked:
“What happens if people say enough?"
Things start to unravel. You should watch the rental market closely.
Speaking of which - Invitation Homes.
Yep, those vultures who got rich during the 2008 crisis are at it again. And this time, they want a billion dollars in investor help… to do it again.
We’re as pro business as can be… except when it’s predatory.
And how about Eric Schmidt writing the rules… while pre-picking winners and losers in AI?
Oh yeah, and he had quite a stable of AI companies he invested in.
What could go wrong?
Like Google said, “Don’t Be Evil”… to Eric Schmidt.
As for you:
SILENCE PEASANT!
On the bonus piece - it’s interesting to see where countries are with their version of the Chinese Social Credit Score Central Bank Digital Currency. Now you can keep track of it as well!
What does this mean?
Things aren’t going to end well.
But, here’s what’s different this time… multiple people are saying that exact thing from a number of different angles, and in different places.
One of the things we often say, is to watch what successful people and people with means do.
Most of them are already out of the line of fire for social unrest or economic collapse…
How do you think they see things ending up?
Why should I care?
When was the last time you checked on your “go-to’s”:
*Your go-to investment?
*Your go-to safety net?
*Your go-to emergency plan?
If it’s been a while, here some bad news: They probably don’t work anymore.
That means you’re behind in planning for rough times.
You should care.
What should I do?
Take a moment… right now if you can… to take inventory of what you’re seeing in this newsletter each day.
Have you ever seen a time quite like this?
Ok good, you’re paying attention. That’s the point.
If you’re not paying attention, and trapped in the hustle and bustle of a busy world (with a ton of useless stuff, by the way), this stuff will come up on you like a thief in the night.
You need to take the time to prepare as best you can for a time where good supplies, strong communities, and strong connections are the difference between surviving and thriving, or being in bad shape.
Sharing this again, by popular demand:
Also, get your hands on anything that will retain, or increase, in value. Getting items you can barter will also be helpful.
Later this week, we will also share links to a bunch of tools that will be extremely helpful. For now:
GET MOVING ASAP.
Also, please share what you get from this newsletter.
It’s OK if you don’t understand it all.
Tell them to ask us.
Your future, and theirs, depends on it.
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