Liar’s Depression & Notes to a New Nomad

March 6, 2013 — When I started writing about how the global economic  crack-up would become a reality sooner than later, it was 1997 and I was  finishing an MBA late in life.  Despite reading perhaps a hundred books, all  told, on cyclical economics, past Depressions, Panics, and Crashes, it never  truly got personal until this week when a long-time friend, someone I have done  business and investing with for years, was on the verge of broke and was packing  up his home office and preparing to head out.  I promised myself that before he  left, I would put some mental focus on what he’s likely to face in  declining-lifestyle America.  Just jotting down this morning’s report – as a  checklist and toolset for him – has been one of the most bitter pieces of  writing ever.  But, before we get into that, how about we warm up a bit with  coffee and headlines?  Even bad instant will be less bitter than this morning’s  topic and we venture far beyond simple prepping…

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