Jeremiah Tolbert

Writer | Photographer | Web Designer

My Plan to Survive the Financial Apocalypse

Did you know you can buy a 3500 square foot home with 20 acres, three ponds, and a fruit tree orchard in Kansas for under $200,000, and still be a short drive from Kansas City?

So here’s my ten­ta­tive plan if we see a new depres­sion.  This plan is pred­i­cated on my abil­ity to keep my own job at least for a while… but if things turn bad every­where and I’m employed, I am lean­ing towards buy­ing good prop­erty out­side Kansas City and set­ting about grow­ing all our own food.

The orchard would be edi­ble through the sum­mer and then any­thing we don’t eat, we’ll can.  We’ll plant an acre or two of veg­eta­bles.  Chicken coop for meat and eggs.  A cou­ple of pigs.  A cow for milk and a cou­ple of beef cows. To sup­ple­ment, hunt­ing and fish­ing, for as long as that can be done.

I’m a total farm nerd and I had no idea.  It’s almost excit­ing to con­tem­plate try­ing to grow my own food, or at least a good chunk of it.

Anyone I know who’s look­ing at home­less­ness, fam­ily, friends, whatever–they would be invited to stay at the Tolbert Farm.  It’s not a com­mune if there isn’t reli­gion involved, right?

In all seri­ous­ness, the events of the past few months have hit home for me the impor­tance of a local com­mu­nity that could be self-sufficient.  The bail out seems to have done noth­ing to the stock mar­ket.  I sup­pose those com­pa­nies are able to still make pay­roll for a while, but how much fur­ther do we have to fall?  How much higher is unem­ploy­ment going to climb?  I don’t feel like we’re through this by a long shot.  Nor do the American peo­ple to judge by the ques­tions last night.

What are your plans to sur­vive a depres­sion?  Are you think­ing about it?  Is it a ridicu­lous idea?  Am I overly para­noid? Maybe.  But I was read­ing arti­cles about this credit melt­down over a year ago and shar­ing them with friends and won­der­ing what was going to hap­pen.  Those arti­cles turned out to be true, or if any­thing, to under­es­ti­mate the problems.

Writing more than ever feels like a lux­ury.  Hell, blog­ging feels like a lux­ury.  Electricity.

Right now, I’m keep­ing my head down.  Trying to pay off our remain­ing debt as fast as pos­si­ble.   And keep­ing the above pos­si­bil­ity in the back of my head.  I’ve read too much post-apocalyptic SF not to look at this sit­u­a­tion and try to think about what to do if it gets worse.

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8 Responses »

  1. I’m right there with ya.

    We’ll prob­a­bly stay put here for a while, though. We have three cit­rus trees, and we’re work­ing on see­ing what’ll grow in our Mediterranean cli­mate. Most things will, but we’re still adjust­ing for the rainy season.

    We com­post damn near every­thing, and are plow­ing our way through sev­eral heavy tomes on Self Sufficiency and Country Living Skills.

    I fig­ure after the fall, I can brew beer and repair bicy­cles. Petrol-scarcity and Poverty-abundance oughtta make me a fairly pop­u­lar guy.

  2. I’ll have to sail over there first but I’m eager. Yee Hah!

  3. Well, the cur­rent plan is to work in a for­eign coun­try with a rel­a­tively sta­ble economy.

    I just checked out Golloyds and the dol­lar is finally tak­ing that nose­dive I’ve been wait­ing for. Woo-hoo! Screw you American credit card companies!

  4. Yeah, I bet you guys are get­ting reg­u­lar “raises” because of the cur­rency tank­ing. I know authors that live over­seas that are tak­ing mas­sive pay­cuts thanks to the fall of the dollar.

  5. In that we send abut 1/3 of our pay­check home to han­dle debts, yes we are. As of now, the exchange on Golloyds is 100.93 yen to one dol­lar. 100 yen is regarded as a local equiv­a­lent to 1 dol­lar. It was 109 yen just a few days ago. The dol­lar is trend­ing towards being weaker than the yen despite great efforts to the con­trary (Japan actu­ally still makes and exports stuff so they don’t want their cur­rency to be val­ued higher than those of other big-consumer nations.)

    If this exchange holds steady for the next two weeks (and it never does) it would be equiv­a­lent to a raise of $160 for the month (as com­pared to when we sent home money from last month’s pay­check.) Sine our debts are in dol­lars, the cur­rent sit­u­a­tion is good for us. It wouldn’t be so good if we had no debt.

  6. I’m not all that wor­ried about it. Yes, we’re all screwed in the long run, but it’s going to be a slow com­fort­able screw as more of our world power gets eaten by China. In the short run, this credit crunch does rip­ple out, but not in the everybody-jump-out-of-windows sense. The ques­tion to ask is: how dif­fer­ent is your life, truly and directly, than it was a month ago? Most peo­ple aren’t that affected, and won’t be unless they need to apply for more credit. (Which is likely to get harder, but maybe that’s a good thing.) Gas prices are a far big­ger prob­lem, but that’s not some­thing to induce panic either.

    If you want to buy a farm because you feel it’s some­thing you could be pas­sion­ate about, that’s a great rea­son. Buying one because you think the world’s going to go to hell around you is a bad rea­son. If you’re wrong you’d feel like a putz (esp. if you turn out not to like all that farm­ing once you do it), and if you’re right and soci­ety col­lapses you’d be too busy defend­ing your ter­ri­tory against refugees and ban­dits. (And maybe zom­bies or mutants. Depends on your choice of apoc­a­lypse.) True col­lapse isn’t some­thing one could be cozy about.

    Just my thoughts. If you do try it, good luck. >8->

  7. Don’t lis­ten to Steve, Germ! Buy the farm, so that I have some­where to retreat to with my lit­tle army of mutants after the Apocalypse. I actu­ally know a thing or two about grow­ing plants at this point in my degree… Of course, I hope that you have taken the his­tor­i­cal bound­aries of the Western Interior Sea into con­text, as the rise in mean global tem­per­a­ture will inevitably result in ele­vated sea lev­els as the icepack melts.

  8. Steve Eley,

    It takes time for the reper­cus­sions of this mess to be evi­dent. A few months after the October Surprise, thou­sands of busi­nesses will not be able to sus­tain employ­ment of so many employ­ees. Therefore, we will se a rise in unem­ploy­ment. That in turn will decrease con­sump­tion in restau­rants, food stores, car sales and every­thing else.

    I say January will be a good start to see what Wall Street did to Main Street.

    I live in México and I am already look­ing for my hide out. Good luck.

    Only a few peo­ple wil be ready to ride the killing wave. Will you be ready?

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