So far outside the box you can't even see the box from here.
Wednesday, March 18, 2020
Never to been seen again
This pandemic is a big reset button. A lot of stuff will never be the same again. I’m not even talking about the people we’ll lose or those who’ll get sick. Today I’m focusing on society and the economy.
First of all, much of the economy is BS. We need people to shake coconuts out of the trees. We don’t need jobs that essentially amount to shuffling paper around. My guess is that a lot of those BS jobs will disappear. Some of them are required by regulations. In times of crisis those artificial constraints can no longer be tolerated. They just aren’t affordable anymore.
We are being encouraged, in many cases required, to self-isolate for a couple weeks. Most people go through life without much thought. Habit and routine rule their days. Now those routines are broken. Many people will wake up to the fact that they were living on automatic and not living the life they really wanted. Having a brush with mortality will likely jump start the process too.
A friend of mine was looking to retire at the end of the year. Now his 401K is in pretty tough shape. On one hand, financial advisers would recommend postponing retirement. He could earn more money and also wait for the market to recover. On the other hand, this is not a normal downturn.
Maybe he’d be better off retiring right now, no matter how hard the financial hit. That way he could stay home instead of going to work and possibly catching the virus. Like me, he’s in a higher risk category. Better to be poor and alive than rich and dead. Of course, I can’t tell people what to do and don’t want them to blindly take my advice. Maybe financial advisers are right and I’m wrong. It’s a time of uncertainty.
One thing that’s changing -preppers aren’t seen as alarmist weirdos quite so much.
I live in an area of NH known as the Great North Woods. I'm in my dome-i-cile out in the county with my lovely wife and a varying number of family and friends
-part red neck, part hippie but all country. Experimenting and enjoying the adventure of life.