Inside My Canoehead

Preparedness - Winter 2022-2023 Preparations

October 12, 2022 Jeff
Inside My Canoehead
Preparedness - Winter 2022-2023 Preparations
Show Notes

This winter will suck, the inflationary pressures will persist, interest rates will rise, a corresponding fall in business investment will lead to high unemployment = recession, probably through all of 2023.  War is expanding across the globe and supply chains continue to re-organize from global to regional.
Your strategy needs to focus on how you maintain financial independence throughout, by knowing your plan if you get fired, what is your pivot industry and preparing for that eventuality.  Further, the need to simplify and localize your supply chain, buy products that are not exposed to international or regional risk and insulate your family from the coming process shocks.  Finally, understand that foreign goods will come with a substantial conflict premium.  

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