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Don’t Move to These States; They’re in Serious Financial Trouble April 11, 2017

Maybe you’re looking for a fresh start. Or perhaps you’re looking to find a different job, or you’re trying to get out of the city. Whatever the case may be, when you’re looking for a new place to live there’s a lot to consider. And if you’re thinking of crossing state lines to find a new home, there’s one vitally important detail that you need to think about and research.

Most people don’t consider this, but you should really look into the financial stability of any state that you’re thinking about moving to. If worse comes to worse, and the economy collapses, you want to make sure that the state you live in is fiscally responsible. States that have high debts and low credit ratings are living on the edge. Any major economic event could push them into bankruptcy.

That means pensions could go unfunded. Public services like law enforcement and firefighting would be understaffed. The infrastructure of the state would crumble, and public education would be decimated. Taxes would likely be increased, which would only exacerbate the financial problems of the state because businesses would leave, leading to more unemployment and a smaller tax base. Obviously, all of these factors could contribute to the risk of civil unrest.

In other words, any financial calamity that occurs at the national level, would be magnified at the state level.  The economy of these states would fall into a tailspin, which would make life for the average person exceedingly difficult.

So which states should you avoid? There are three factors you should look out for. There’s the amount of debt as a percentage of the state’s GDP, the amount of debt per person (debt per capita), and the state’s current credit rating.

The 10 states with the worst debt to GDP ratios are:

  • New York-22.71%
  • South Carolina-21.31%
  • Rhode Island-19.40%
  • Washington-18.83%
  • Florida-18.65%
  • Kentucky-18.50%
  • Illinois-18.45%
  • Connecticut-17.52%
  • California-17.18%
  • Pennsylvania-17.17%

The 10 states with the most debt per person are:

  • Massachusetts-$11,337.63
  • Connecticut-$9,297.33
  • Rhode Island-$8,919.27
  • Alaska-$8,516.41
  • New Jersey-$7,517.15
  • New York-$7,040.97
  • Hawaii-$6,194.64
  • New Hampshire-$6,152.00
  • Delaware-$5,962.86
  • Vermont-$5,259.69

And perhaps the most important factor is the credit rating of any given state. This gives you a good idea of how investors think a state will fare financially in the future, as opposed to a state’s current financial woes. According to credit rating agencies like Standard and Poor’s, as of last year the states with the five worst credit ratings are:

  • Illinois-BBB
  • New Jersey-A
  • Kentucky-A+
  • California-AA-
  • Connecticut-AA-

Though those ratings don’t look too bad, it’s important to keep in mind that those states have had sub-par credit ratings for a long time. There’s no indication that they’re going to get their act together any time soon, because they’ve been teetering on the edge for years. When the next wave of the economic collapse hits, these states (along with states that topped the first two lists, such as New York, Rhode Island, Massachusetts, South Carolina, and Connecticut) are going to be the first to feel the pain.

Think of it like this. If a storm arrived and threatened to flood a community, the homes that were built in low-lying areas are going to be underwater first. These states are like the houses near the river. So if you’re planning to move, look into the financial stability every state you’re considering, and seek higher ground.

Joshua Krause was born and raised in the Bay Area. He is a writer and researcher focused on principles of self-sufficiency and liberty at Ready Nutrition. You can follow Joshua’s work at our Facebook page or on his personal Twitter.

Joshua’s website is Strange Danger

This information has been made available by Ready Nutrition

Originally published April 11th, 2017
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A Storm Coming: Preppers Must Stay Vigilant in 2017 December 27, 2016

[Editor’s Note: While many believe the shift in government leaders in 2017 will bring us back to better times, one can never be too sure. As my father always said, “Don’t put all your eggs in one basket.” These are still uncertain times, and as Jeremiah Johnson emphasizes in this article – with that uncertainty, we must continue to be ever vigilant in our preparedness endeavors.]

ReadyNutrition Fans, this piece is an important exhortation to you – a sort of plea, if you will – to not lose your focus in preparations and your readiness-stance during these times.  With the Dow-Jones Industrial skyrocketing, the Christmas Holidays in full gear, Donald J. Trump about to be inaugurated, and the glow of a new patriotic dawn, everything seems OK, right?  Wrong.  This is not alarmist, but pragmatic.  We cannot allow a burst of patriotic positive fervor to dull the perception of the last 8 years.

Losing our focus is what allowed those 8 years in the first place.

The Unemployment Rate

The welcoming of a new President brings renewed hope in our government system; however, there is a lot of road to travel before the country is fixed. While many preppers feel relieved and are slowing their preparedness endeavors down, many preparedness experts are stressing the importance of not giving up. As preppers, we must keep an eye on indicators like the economy and unemployment. Bear in mind that unemployment is deliberately under-reported.  The economy is in bad shape.  Everyone is focusing on the happy times of Christmas cheer and family festivities.  I adjure to your intellects: do not relent in your focus or your activities to prepare for what is still around the corner.

They’re not celebrating festive, happy shopper days in Venezuela, where women are cutting off their own hair and selling it just to buy loaves of bread, or where a whole shopping bag full of Venezuelan Bolivars will not even buy a few days’ worth of essential supplies.

These 7 Indicators Can Help You Forecast an Economic Collapse

The Economy

The economy of the United States will take quite some time to recover.  You can continue in the true economy that you have started: the acquisition of supplies, materials, and resources that always hold their worth and have an intrinsic value.  Gold, silver, and precious metals…in physical form…these have worth and lasting, intrinsic value.  For an excellent analysis of just where the United States is economically, I highly recommend an article written by Shaun Bradley on December 8, 2016 entitled Cash is No Longer King: The Phasing Out of Physical Money Has Begun,” and downloadable for your files.

Another article worth mentioning was written by Susan Duclos of All News Pipeline, entitled We are Facing the Most Important Battle of All at the Most Dangerous Moment in History,” released on December 10, 2016.  Here is an excerpt from that article:

We at ANP are noting a lot of optimism from investors with stocks soaring,  to economic confidence reaching new highs, to small business owners, to household spending and even prepping has hit a “multi-year low,” all the articles I am reading are crediting the election of Donald Trump as reason for all this optimism, but as much as I hate to rain on everyone’s parade… now is the most dangerous time in history, not a time to assume just because one man was elected, all the wrongs will be made right, the failing economy will automatically just magically fix itself.”

These timely and sagacious words show that the battle is not over yet.  In this vein, do not lose focus!  Don’t allow the holiday cheer and festive atmosphere to leave you blindsided and thinking that the battle is over!  Other blogsites have reported that sales of emergency equipment and supplies have been drastically on the decline since the election was finished.  Remember: North Korea, Russia, and China still pose a viable threat in several areas of the world, the world economy is quite bad, and the U.S. has by no means recovered from the nightmare of two consecutive Obama terms.

Stay the Course for 2017!

Stay focused.  Gear your shopping and holiday activities to always take a back seat to awareness of the overall situation.  Stock up on your precious metals and long-term food supplies and water procurement capabilities.  Continue to locate and obtain the tools, medicines, and equipment you and your family will need.  Just because the “Captains” are about to change does not mean that the ship will change its course…the one taking it toward a wreck on the reefs.  Don’t let that reef loom up and blindside you to take you unawares.  Enjoy your holidays, but do so with one eye on the festivities and another one on the horizon…aware of what is going on around you.  Do not stop the preparations for even one minute.  Happy holidays, and keep up that good fight!  JJ out!

Jeremiah Johnson is the Nom de plume of a retired Green Beret of the United States Army Special Forces (Airborne). Mr. Johnson was a Special Forces Medic, EMT and ACLS-certified, with comprehensive training in wilderness survival, rescue, and patient-extraction. He is a Certified Master Herbalist and a graduate of the Global College of Natural Medicine of Santa Ana, CA. A graduate of the U.S. Army’s survival course of SERE school (Survival Evasion Resistance Escape), Mr. Johnson also successfully completed the Montana Master Food Preserver Course for home-canning, smoking, and dehydrating foods.

Mr. Johnson dries and tinctures a wide variety of medicinal herbs taken by wild crafting and cultivation, in addition to preserving and canning his own food. An expert in land navigation, survival, mountaineering, and parachuting as trained by the United States Army, Mr. Johnson is an ardent advocate for preparedness, self-sufficiency, and long-term disaster sustainability for families. He and his wife survived Hurricane Katrina and its aftermath. Cross-trained as a Special Forces Engineer, he is an expert in supply, logistics, transport, and long-term storage of perishable materials, having incorporated many of these techniques plus some unique innovations in his own homestead.

Mr. Johnson brings practical, tested experience firmly rooted in formal education to his writings and to our team. He and his wife live in a cabin in the mountains of Western Montana with their three cats.

This information has been made available by Ready Nutrition

Originally published December 27th, 2016
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