We Are On Our Own In The Post-Covid World

Even before the coronavirus pandemic hit, things weren’t all that great for the bottom 90% of households.

The median household was barely scraping by with ultra-low financial reserves, meager retirement savings and high levels of debt. All while being relentlessly crushed by cost of living inflation running far higher than the blatantly fraudulent government statistics offered up by the BLS.

Even more infuriating, the economic pie was preferentially handed to the top 10% – well, more specifically, to the top 1%. And even more dramatically to the top 0.1%. Don’t even get me started on the 0.001%…


While often presented in the media as a puzzling thing without any root cause, both the income and wealth gaps are the direct result of Federal Reserve policies and actions. Helped, of course, by lobbyists for the elites influencing Congressional tax legislation.

So it’s no accident that over time, tax rates on the rich have been substantially cut:

This chart says that the very highest income earners have a lower effective tax rate than anybody else in the nation. Billionaire Warren Buffett famously pays a lower rate than his secretary. Goldman Sachs bankers are taxed more favorably than their Uber drivers. Again, this isn’t happening by accident.

And it reveals that, despite the fiction of fairness and freedom, America’s true values and priorities are aimed at funneling more and more of its wealth to in the pockets of an elite few.

Said another way: The final looting operation has begun.

The reason Peak Prosperity exists is to fight this outcome tooth and nail. The path that the US government and Federal Reserve have charted ends in the destruction of prosperity for all of us. Yet the current crop of national managers (not leaders) are just too self-isolated in their echo chambers to grasp that. They’re insulated from the impacts of their policies and so they can’t quite see ahead to the endgame. Or they simply don’t care.

Which is why I am in a certain way thankful for SARS-Cov-2. It has woken up a center mass of people and alerted them to the true reality of their situation. It has revealed just how corrupt, self-serving, and disinterested the elites are in the plight of the middle and lower classes. It has exposed the extent to which institutions and corporations are failing at their most basic of duties.

It has finally laid bare the truth: We are on our own.

There’s no rescue coming. No next elected official who can repair all that’s gone wrong. The very DNA of the organs of the State has mutated beyond repair.

Which in a twisted sense is positive news. We need the status quo to fail so it can be replaced with something better.

Necessary Change

Constructive change is long overdue. The dismal charts above show that the wealth disparity in the US didn't suddenly appear in 2020; it's been festering for decades.

The grotesque inability of our health care to acknowledge let alone utilize the profoundly effective Covid-19 treatments that exist (e.g. MATH+, HCQ+ early on, etc.) in favor of overhyped/unproven new drugs like Remdesivir which barely works at all, is nothing new. It speaks to a corruption of science and the power of monetary greed at the expense of basic goodness and human decency that also did not suddenly arise in 2020. Those too have been with us for a long time.

When farmers can only survive by going deeper into debt while receiving only 7 cents of the final dollar spent by the consumer who buys their food at the store, it speaks to a profoundly misguided system that seems to have forgotten that without the producers you have nothing at all. Yet it merrily squeezes the farmers year after year taking as much as it can for itself.

When such disconnects become so entrenched that they are no longer even questioned, you cannot vote them back into working order. You cannot tweak some policies and fix them. They need to be swept aside and rebuilt.

The time before us is about remembering what’s important and veering back towards integrity and away from myopic self-interest. Away from “me” and back towards “us.” No, I am not saying socialism, communism, or any other ‘ism.’ I am saying that we’re all in this together and that it’s time to swing back towards acting as if we care about more than ourselves, as if we understand how the larger system works and join together to make it function even better.

Time To Vote!

No, I don’t mean vote in elections. (Though sure, go ahead and vote if that makes you feel any better. But personally I’ve lost all attachment to the idea that there’s a lick of worthwhile difference between the major parties.)

I mean vote with your money. Vote with your actions. Vote with your heart. And vote with your mind.

There’s nothing you can do about the fact that the world’s central banks have printed up $5 trillion of new currency in approximately 6 months. That’s roughly equal to their combined output during 4 entire years of the Great Financial Crisis:

None of us can vote the central banker rascals out (they are appointed), but we can we vote with our currency – exchanging it for gold, silver, land, and any other hard assets we can manage to store well.

It’s worth noting that gold, which we’ve been strongly recommend folks accumulate for this very reason, just hit a brand-new weekly closing high this week :

And silver’s at multi-year highs.

Both are telegraphing a loss of confidence in the US dollar and the global financial system itself.

We can’t do anything about our politicians’ weak, ineffective efforts at getting people to wear masks or take Covid-19 seriously. But we can vote with our feet and move to more sustainable, less densely populated areas, as is already happening in droves.

We can’t control the anger of the populace or the sudden proliferation of riots and unrest. But we can arm (and train!) ourselves to protect our loved ones if need be, which explains surging gun sales.

We can’t predict the quality, the price, or even the availability of vegetables and meat. But we can plant gardens and begin raising chickens.

Join The Movement

SARS-CoV-2 has exposed the rot in the system. And that’s a good thing because it needed to be.

No problem has ever been fixed without first being identified.

Now we can focus on fixing what can be salvaged and tossing the rest.

Perhaps you’re a fast adjuster and you’re one of the few folks already busy operating in the solution space. If you are, I’ll bet that you know lots of people who aren’t there yet. Who are still clinging to some level of denial or bargaining that the failing status quo can somehow continue indefinitely.

Don’t worry, they’ll catch up. Eventually. Because they’ll have to. Change will be forced upon them.

The data all point to a rapidly intensifying set of trends that will completely reshape both our future prosperity and opportunities we have to pursue it. Great fortunes will be made and lost.

As with any fast-changing moment in history, the trick is skating to where the puck is going to be.

My co-founder Adam Taggart and I have spent the past ten years laying out the case for why this moment in time would inevitably arrive, and how people can prepare themselves. Not to merely survive, but to thrive.

We’ve cajoled, nudged, urged and cautioned people to read between the lines and heed the warning signs. We’ve strongly advocated for converting paper wealth into precious metals and other hard assets, developing multiple income streams (in case a bread-winner’s job was lost), developing stronger relationships and a healthier body.

Every one of our recommendations has served our readers very well leading up to – but especially in – today’s trying times.

Did we know Covid-19 was coming along? No, of course not. But all that the pandemic has done is accelerate the public’s recognition of the many predicaments and plights we’ve been warning of.

So, with systemic instability increasing and the serious changes coming fast and furious now, how should you be prioritizing your focus?

Even if you’re a first time reader of our material and haven’t taken any steps yet, there’s still much every one of us can and should be doing.

The economic and health consequences of Covid-19 are extremely severe. Expectedly so. And they are still creating havoc in ways we don’t fully appreciate yet.

So every day counts now, and all your actions matter. It’s time to build resilience. At the household level first, and then within your community. Deepen your pantry, deepen your friendships, and deepen your soil.

The more you can rely on yourself and those around you, the better off you’ll be.

Which is why in Part 2: Welcome To The Movement, I detail out the tremendous advantage of learning from and participating in the Peak Prosperity “tribe” as we all plan for the approaching turbulent times. There are literally tens of thousands of like-minded people of goodwill and staggering expertise all around the world connecting through this online community, eager to help and support one another.

Our individual chances of making it through with safety and optimism are much higher together vs going it alone. Consider joining the movement.

Click here to read Part 2 of this report (free executive summary, enrollment required for full access).

This is a companion discussion topic for the original entry at https://peakprosperity.com/we-are-on-our-own-in-the-post-covid-world/

The tribe sees the future path of ruin that awaits our great nation if we continue with the failed policies of the past. So what to do?
Of course, Chris is 100% correct to prepare, become resilient, prosper and nurture your community relationships. BUT, our oppressors and failed “leaders” will still be there promoting the same twisted policies, which will continue us down the path of predictable (but avoidable) devastation. Remember the saying, absolute power corrupts absolutely. Another relevant quote is the following.

“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.”
- Ludwig von Mises, Human Action [1949]
I am very concerned that our elite rulers that dictate the path of our country will NOT VOLUNTARILY stop their failed policies. Chris is right again saying to vote with our money, actions, heart and mind. Yes, that approach will slowly get some attention and perhaps slight adjustments in policy, but the chances of getting these failed and psychotic "leaders" to actually stop harming We the People is small. We have only one logical choice.....REVOLUTION and NOW!!! With each passing day, more mistakes are made our "leaders" that keep piling on to the fragile snowpack that is ready to turn into an avalanche. One question that I wish I knew the answer to is if the "leaders" at the Fed, CONgress, POTUS and so many other government establishments are simply ignorant, sheltered or apathetic of their mistakes (as Chris opines), or are they committing calculated and intentional sins that they know causes harm to so many? I fear and believe strongly the latter is the truth. That is why REVOLUTION IS INEVITABLE. Does anyone really believe that the intelligent men and women at the Fed, ECB and global CBs really do not understand the negative consequences of their actions??? Of course they know history and that their actions are slowly destroying our fragile fiat green paper currency. They just don't tell the American People. Helicopter Ben Bernanke and his disciples and predecessors are much smarter than you may think.....sly like foxes. You can add the gentle and well spoken women like Janet Yellen and Christine Lagarde to the story. What harm could such unassuming women that are only trying to "help the people" do??? Take Christine Lagarde as perfect example....does she know the deliberate sins she is doing that causes harm to so many while enriching the 0.1%, or is she truly too ignorant to realize? Does anyone really think that these "leaders" are going to voluntarily abandon their policies that they have publicly supported for their entire careers? Revolution is the only path now to bring the change that the American People need so desperately. Our "leaders" have had hundreds and hundreds of off-ramps to stop their madness. Instead, they keep hitting the accelerator. I am not going to jump off this runaway train and watch my family, community and the tribe crash in a burning inferno. We all need to remove the conductor(s) and immediately hit the brakes!!!


Revolution? Civil war? You are out of your darn mind. Anyone looking forward to that kind of thing is crazy because in wars a crap ton of innocent people end up dead. You don’t like the system? Vote for something else in november. You still don’t like it? Then be like Chris and try and find a place to be out of the line of fire and as self sufficient as possible. You talking about wanting a revolution is just bat poop crazy.

I agree with most of Chris’s post but I’m not sure that “SARS-Cov-2…has woken up a center mass of people and alerted them to the true reality of their situation.”
In my view it seems that most people have acquiesced to simply wearing a mask, waiting for a vaccine, and expecting to return to normal in 2021. Granted, the flight from the cities is some evidence for that but that may be more a result of fear of all of the “peaceful” protests, combined with a COVID-driven realization that working from home is feasible. I suppose the end result is a net positive regardless of the reason. But I’m not hearing much chatter about the Fed, or income equality, etc. outside of the usual suspects, like PP.

I appreciate your well written impassioned post but if we end up in a revolution or civil war other world powers will swoop in and concur the US. Any major upheaval of the US will quickly lead to a complete loss of freedom.

The continuing hot summer finally did in my refrigerator. Or rather, I probably killed it. I had been trying to save money, not cooling the mobile home. Well, I am obviously much more resilient than these weak electronic gizmos. Word to the wise, these things stop working in temperature extremes. Designed for heating and air conditioned environments.
The price for a new refrigerator and availability is getting ridiculous. I now have a cooler blowing on my new fragile flower. Not for me, just for it. Wiped out any supposed savings. Just looked up refrigerator shelving on Amazon. Holy crap, must be silver plated.

Or if they do awaken, it’s in a bad, anti mask mood.
Two really nice guys delivered my refrigerator, yesterday. I live way out, very hard to get delivery, here. So, I go to the door in my mask, these guys, no masks, asked if I wanted them to leave? Debate with self: do I risk my life to get my new refrigerator. Well… Hell, yes! Debate lasted about 1/2 a second.
For several months, this very rural county had no reported cases. Then there finally was one. Then eventually, two. Now we are, in quick succession, up to six cases. So, next is cluster, cluster. I do not think the governor’s orders are reaching here. It was nice while it lasted. Hello, Honey Badger!

A history professor notices how much American distortion of history limits our ability to conceive of non-federal solutions. start local
“We are centralizing power in practice because we are erasing the alternatives from our minds. We have forgotten that the regulation of human societies can come from communities, from states, and from civil society—and so, increasingly, it can’t.”

There are several issues in discussion here.

  • T-storm begins by mentioning “ruin that awaits our great nation…” progresses to a conclusion that “REVOLUTION IS INEVITABLE” and further opines that “We all need to remove the conductor(s) and immediately hit the brakes!!!”
    I note that there are other countries that are not rotted out and might not be in the same category. Germany (having a government that responded property and early to the virus, strongly resists money printing as a panacea, and has serious worker representation in large corporations) and Japan (which has a 100 times lower honey badger infection rate, using a very good contact tracing system and mask wearing and is waiting patiently for yet another of its many currency collapses) got new governments in the 1940s and are doing much better.
  • Robie seems to want people to get emotional/upset “Im mad as hell and Im not…” Yet emotion and anger is what the sociopaths rely on to become leaders during these times of stress. The non-rational majority demand and get leaders that respond to their anger with more anger. And violence is their best game, because the government has diverted most resources away from schools, health care, bridges etc. and towards monitoring and killing machines at their disposal. Consider the resources that have created tens of thousands of swat teams to keep the innocents in check.
  • Mysterymet sez: “in wars a crap ton of innocent people end up dead. You don’t like the system? Vote for something else” uhhhhh I agree and it is good that we face the reality that “a crap ton” of people “end up dead.” That is a fact and it is “not different this time.” However, I have three criticisms: 1. instead of wringing our hands and bitching, let’s acknowledge the reality of mass strife/death and respond accordingly, via preparation into resilient communities 2. I wonder if anyone is innocent who live in a country that proudly murders 100s of thousand of people and destroys governments all over the world for many years, starting with bombing deaths of 35% of the civilian population of N. Korea in the 1950s through actions that led to the death of 500 thousand children in Iraq before the Iraq war even started, killings in Yemen to this very day, the list goes on and on particularly if you include south and central America. Who is innocent? Now that the killing machine is turning its sights on Americans in America, the “innocents” suddenly begin to care about what they are doing with the killing machines? 3. you want to “vote” and “change” something? I dont need to explain why this is worthless at the minimum and actually promulgates the problem by giving the sociopaths a green light.
  • TWalker5 asks “are the masses really waking up?” I agree with this point but note that the majority of people are non-rational and believe anything that they are told if such pleases their self-appreciation. Only a minority of people are capable of rational thought and action and will self-gather into groups such as this one. Only a minority really will wake up. I suggest that we stop wasting time repeatedly (more than once) explaining things to the majority-non rationals out there, since doing so only makes things worse by labeling ourselves as conspiracy theorists and domestic terrorists.
    This leads to another dangerous thought, that human evolution has not stopped (why did we think otherwise?) and the mass non-survival coming might have something to do with evolution. The second part of this dangerous thought is that rational thinkers (and not the majority) are best “fit” for a modern world dominated by thinking machines, and moreover, the rational thinking trait(s) are to a large extent genetically inherited. From this point of view the best course of action truly is to run away from the fray and stay out, in small resilient communities to avoid the strife. In other words, dont get mad, dont argue endlessly with your neighbors, dont participate by voting but instead take this precious time to walk away, as far away as possible and build a resilient community with other rational people.
    The big issue that is not discussed is energy. We would not be having these discussions if the world was continuing its geometric energy expansion. China and the US are butting heads over energy. Iran, Russia, China, Venezuala are public energy number one because they seriously challenge the petro dollar. The world is entering a new dark ages with issues that go well beyond America’s need for a revolution the expectation that many millions will die, becoming mad as hell, or waking up to injustice etc. Those are small potatoes compared to the main event. Those things have all happened in various places many times in just the last 100 years. Let’s get real. What is happening is much bigger than those things. Think of the collapse of the Roman Empire and the dark ages, which did not seem to have any solution for hundreds of years. Lets try to shorten this next dark age by working on the energy problem and the truth problem and shorten the time before the next Renaissance. Lets focus on the small resilient community and how that can preserve the search for truth and an energy resilient life going forward…

Rumor has that wells fargo has been taking the money and putting homes into forbearance, can you spell breach of contract. Always keep paper records.

People who are wanting the whole system to come crashing down have no real grasp on reality. Could you imagine blue helmets in the streets of the USA. You know, for our own good… what a total mess. Before that happens our own military would get involved and people are not going to like that either. Hopefully we will have some amount of pain, maybe a lost decade thing like Japan and continue to kick the can down the road. Maybe Judy Shelton will join the fed and we can work to get back on some kind of gold standard?

Even the small villages in Afghanistan have to get some supplies from outside and they generally take the whole “shop local” thing to a whole new level. People in this country do NOT understand poor. True 3rd world poor. Life expectancy of 50 yrs old poor. If our system breaks down, even without the large scale violence which would most likely result, we would loose at least a third of our population due to lack of proper nutrition and decent medical care. How many people on here require regular medical intervention to stay alive? Have any prescriptions you need to take daily? Heck how many times have you gone to the doctor for a simple UTI or case of Strep? What would have happened if you weren’t able to get those antibiotics? How are you sitting in the way of defense? Be realistic. What would you do if the army guard infantry unit down the road decides that they want your farm to feed their families and there is no longer any functioning command structure to stop them? How well do you trust the members of your community? Most people in the US have never experienced anything remotely like what would happen. We can talk about resilience but how many people on here have ever been truly in fear for their life? Its fight, flight or freeze and you never really know which one you’ll be until you are in that situation. Being in that type of situation is emotionally draining. Also, even if you react correctly for the situation at the time your brain will replay it years later. A sound, a smell and you are right back there. Are you ready for that type of situation? I prepare for the worst but pray for my country every day. How about we all turn the power and water in our houses off for the next weekend and see how it goes. Is your family on board? I don’t mean to be Debbie Downer but it seems that some people have unrealistic expectations on how this would go down.
FerFal’s blog is good for his experience in Argentina.

The conversation has been usurped, with false narratives created by the bankers, who have taught a value system of exponential growth that many people at this blog site seem to adore or otherwise place at a valuation apex due to materialism.
This “some amount of pain, maybe a lost decade thing like Japan” is utter nonsense. This “lost decade” lament is banker wistful thinking, a false idolatry. Japan has been decreasing population, thank god, and their economy stopped growing for the most part the last 20 years, thank god (instead of bulldozing off mountaintops and consuming everything in sight, houses are getting recycled-it is extremely easy for young people to get big housing, farms cost virtually nothing etc.). The unemployment rate in Japan during the so called “lost decade(s)” has been much lower than in the US. What pain are you talking about? The old people are extremely healthy, much happier than in the US (in my opinion) and many work because they want to.
There is a lot of pain in exponential growth, much happiness to find in a sustainable economy and we need to stop thinking like bankers who denigrate the latter as “lost decade (of profits).”

This, again, is why I can’t make myself feel like part of this “community.” Just sit down for 5 minutes and think about it. Who is going to articulate a coherent program for getting out from the predicaments that Chris has laid out here? And have a plan and the organizational skills to implement it? How long is that going to last before it gets co-opted by some crackpot ideologue or wannabe little Napoleon? Are you going to convene a Congress of Franklins, Jeffersons and Washingtons? Sorry, no, you are not, because you wouldn’t recognize one if you fell over them in broad daylight, and our culture stopped making them a long time ago. What you will get is another Lenin or a Hitler.
So, forget revolution, please. Also, forget the catharsis of venting your anger however good that might make you feel.
Unfortunately, something like Chris is talking about might be our best, of very few and all bad, responses. The problem with that approach, if you really take it the way he put it here, is that it is also unlikely to work. If you look cultures and civilizations since the Mycenians who went through something like this, one thing that stands out is that those smallholders who many might think of as fortunate enough to be in the “more sustainable, less densely populated areas” are often brought to suffer more than anyone else. All human populations organize along hierarchical lines of governance. It’s what humans do. Leaders do not stay leaders if they let their dense population centers starve. But they are not above robbing food from their hinterlands to feed those population centers. Being rural has always meant being poor and hungry, unless you’re lucky enough to hold sizable arable land and are politically well-connected.
It’s all such a middle-class American fantasy, but it never seems to die.
Actually, the people in Portland might have something like the most viable approaches. Self organization that is inclusive of communities and seeks to make their lives better. God knows what happens when this group has to move to the next level of organization or how they withstand the iron boot that is being brought down on them as we sit back and opine.
But, by all means, buy some shiny metal at record prices with your spare cash.

Green achers, I agree with what you are saying until you get to the part about the portland protesters. Lump them in with the rest of the failed ideas. Yes I agree that in all this trouble odds are much higher that we would end up with a Lenin or a Hitler. Heck those kids in portland are asking for it. When people are waiving the hammer and sickle flags they are embracing a governmental philosophy that has killed hundreds of millions of people. Look at the Kulaks and their treatment by the Soviets. https://en.m.wikipedia.org/wiki/Kulak
when we on here want to develop some amount of self sufficiency we will end up being viewed by these antifa people as the Kulaks were. They will want to take what we have. They are destroying other people’s property while having their tantrums and I would be happy if the “iron boot” crushed them. The funny thing is they actually believe that if they got their way and we had a revolution that they would be in charge. Look at what happened to most of Lenin’s fellow revolutionaries after he took power. They “disappeared” for the most part. Those types of people are useful idiots and once they have served their purpose they will de discarded. They will be discarded because the characteristics they have that make them useless in this society will make them less than useless in an authoritarian type society. The normal people “worker bees” are much more valuable. People on here make all these plans but ignore human nature.

Chris, not a single mention of decentralized cryptocurrency… what the hell? PMs are confiscatable, and it already happened in the US as I have no doubt you are well aware of. Pretty much the only advantage of gold over crypto is that one relies on electricity and internet, and would thus hardly work under extreme conditions such as an EMP weapon… but then we’d have bigger problems to deal with. It’s easily arguable that Bitcoin is the planet’s hardest asset.
There are tons of sources of information I could recommend but #1 is Andreas Antonopoulos, who explains the importance of crypto better than anyone else. Here are some examples:
Here’s a longer one:
You can also watch debates with gold bugs like Peter Schiff… it’s easy to tell who has a clue and who doesn’t.
In fact, the biggest issue we should probably be talking about the most is the problem of equitable initial distributions. For decades it was the “double-spending problem”, solved by Satoshi Nakamoto in 2009. It’s easily the most revolutionary discovery/invention of this century – have you heard of it?
Readers/fans who follow your economic advice will be pissed off at you later if you don’t at least develop a position regarding cryptocurrencies.
And why wouldn’t you want to be part of the community that is at the forefront of the parallel creative destruction process that is the separation of Money and State?

I am game. Just electric or also water ?
maybe you could start a topic with the date to do it, next weekend.
Lets think of the rules, grid power only or also batteries, I think for extra points, no house backup battery or generator either, for the weekend. Food will be fine for under 48 hours.
What about water ? Are we allowed to use the faucets or only what we have stored ?

ok so no power. Even those of you with whole home generators (like me) or solar (like me next month) have to turn it off. If you happen to have a freezer or 2 you can keep them plugged in. I don’t want anyone to lose tons of food playing. No water beyond stored water. You can flush but you need to use a bucket to refill the toilet tank. No satellite or cable. No internet except using phone to provide updates on how bad the challenge sucks. Who’s game to play the SHTF weekend challenge?

Chris if we were on our own we could mount an armed defense of our lives and property. If you do that, the police and officials will instantly unfreeze, get up off of their knees, and take you to jail. It’s already happened to that couple in St louis.
If I were “on my own” I wouldnt have to come up with thousands of dollars every year in “property tax” to be allowed to keep MY property. If I can’t pay, armed men will be sent to my house to take me away. If I resist they will kill me.
We are not on our own. Its alot worse than that. We simply are no longer receiving any of the benefits of being a supportive member of society but are very much obligated for all of the costs.
We dont receive the protections, systems, and organizations that society used to offer but we are still taxed, regulated, and have our hands tied by that very same system. We are not on our own at all…it’s much MUCH worse than that.