Over the course of the next 99 days, as a part of the “100 Days of Prepping” series we’re doing, I hope to take you on a little more scenic, and often missed journey of a self-sufficient lifestyle. I hope to take you to some of my favorite “spots” on Read more…
Today’s article is part 2 of the article which was posted yesterday:
So to recap: Mortgage terms are approved for so long (15, 30, or even 40 years) because they are assets on the banks’ books—assets which give them the power to lend eight times the amount of that asset. Yes, this means that the mortgage companies are making money on air—nothing new if you’ve been reading my previous articles on Financial Preparedness.
Yesterday we discussed the reality of an EMP attack on the U.S. and today we will bring the aftermath of an EMP attack a bit closer so that we can mentally go through the various ramifications. If you mentally prepare, even little by little, you will be significantly better off.