System Backlash

John Lett (Lessons) (Book Sessions)

I think there is a plot to short the US dollar going on. The increased interest rates have made servicing debts nearly impossible and added to the absurdity of the system, so many countries will be enticed into other arrangements that are presented as less onerous. I cannot see a perfect escape plan from any of this except that there are three things that can ameliorate the situation:

  • intense but specific, clear cooperation and thoughtful alliances with friends and neighbors (essentially bartering)
  • diversification of assets and activities (lots of different bank accounts, some rental income, a part-time job in addition to the full-time or two part-time jobs, but no single thing that can topple the whole enterprise)
  • take a long view, philosophical approach, indigenous wisdom to lessen the drama and the ego

John Lett (Lessons) (Book Sessions)

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