I posted the following in the political discussion telegram group, what are your thoughts?
"Speaking for myself and given the context of the world's affairs at this time, I wish to be as self sufficient, nimble and mobile as possible.
I'm still relatively young (30), so if there is a revolution, further disintegration of the state and EU, further wars, genocides, bank failures, depressions, and any other failures or injustices, I wish only to be able to be in a position that I may protect myself and others through these times.
You talk about not wanting to "throw millions of people into abject poverty" in dealing with our sovereign debt issues, but we face a situation that has no easy outcome.
The country is effectively going into default. The damage has already been done over decades.
There are many ways this can go, but none of them are pretty.
So, I recommend people to move towards self sufficiency as a way to protect as many of their own and their neighbours basic needs and rights as possible.
Financially, I think it is sound to store your wealth in hard bearer assets. Take your pick. But I wouldn't want to have large savings in the bank over the next decade.
Same with property. I wouldn't want to hold a large portion of my wealth in it. Perhaps debt can be good, because with a fast inflating currency, your debt value goes down over time. But that's also risky if you lose your income or don't have the financial means to dig yourself out of a hole.
I would also not want to have only one source of income. My dad used to say "even a stool has 3 legs".
All in all, these are tough times.
At what point will you decide that nobody is going to save you, and maybe you should take care of your own interests (and support your neighbours) while the nation and big corps around us try to siphon away everything we've got?"