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(The Economic Collapse Blog)—If you live in a major city, you can see them all around you. I am talking about aging vans, RVs and trailers that are parked on the side of the road for months at a time and that obviously have people living in them. There is an entire class of people that live in such conditions, and there is an entire class of “businessmen” that prey on such people. When I was growing up, there were lots of headlines about “slumlords” that were taking advantage of the poor. According to the Merriam-Webster dictionary, a “slumlord” is “a landlord who receives unusually large profits from substandard, poorly maintained properties”.
Today, we have a different sort of a problem. “Vanlords” are parking vans, RVs and trailers along the streets of the worst parts of our major cities, and they are renting them out to people that cannot afford regular homes. Sadly, we live at a time when lots and lots of people cannot afford regular homes because homelessness is absolutely exploding all over the nation. In some areas there have been efforts to crack down on the “vanlords”, but when things get too hot in one area they just move somewhere else. As long as there are vast hordes of homeless Americans that are deeply suffering, there will be “vanlords” that are eager to take advantage of them.
Matt Feely just authored a very interesting piece about this phenomenon. He says that things are particularly bad in the poorest sections of Oakland…
The most familiar and ominous form of homelessness in Oakland, however, has become the vehicle encampment. A few small clusters of vehicles have gathered in my North Oakland neighbourhood, lines of dirty campers and battered cars seeking shade under an elevated freeway, but poor East Oakland has it the worst. There, such encampments have taken over long stretches of busy street, visiting already-distressed neighbourhoods with huge living sculptures of ugliness and disorder — cars filled with clothes and junk; hulking RVs parked for months at a time, drug and sex deals conducted streetside; trash gathering around and between the vehicles, and lots of new crime. Recently, the city had to replace traffic lights at an East Oakland intersection with stop signs, because people, presumably from the vehicle encampment close by, were constantly stealing the cables to sell the copper wire inside.
All over the country, this is how vast numbers of people are living now.
Unfortunately, most of the people that are living in RVs don’t even own them. Instead, most of them are owned by the “vanlords”…
But the people in those RVs don’t own them. They rent them, from people who’ve come to be called “vanlords”. These energetic businesspeople buy up old trailers and RVs and either drive or tow them to unfortunate neighbourhoods in cities like Oakland. There they enter into informal rental agreements with homeless people.
This is also happening on a very large scale in southern California.
In fact, it is being estimated that the number of people living in RVs in Los Angeles County actually increased by 31 percent from 2020 to 2023…
The number of people living in RVs across L.A. County has jumped 31% from 2020 to 2023, according to the annual homeless counts.
About 11,500 people are estimated to live in roughly 6,800 RVs.
With each passing day, more impoverished people are being forced out into the streets. And with each passing day, more formerly middle class Americans are joining the ranks of the poor.
Our standard of living has declined so much that we have reached a point where even most middle class Americans are struggling financially…
A majority of middle-class Americans are experiencing financial hardship that they expect will continue for the rest of their lives, according to a new poll.
Findings published by the National True Cost of Living Coalition show that 65% of Americans whose incomes are 200% above the national poverty line – which is about $62,300 for a family of four, often considered middle class – said they are struggling financially.
In many cases, a single accident or a single bad break is enough to push someone over the edge.
The vast majority of us are just barely scraping by from month to month, and that is because the cost of living has been rising much faster than paychecks have…
The typical U.S. household needed to pay $227 more a month in March to purchase the same goods and services it did one year ago because of still-high inflation. Americans are paying on average $784 more each month compared with the same time two years ago and $1,069 more compared with three years ago.
If you are still doing well, please don’t look down on those that are hurting.
Many of them were once just like you.
Sadly, many more Americans will be dumped out into the streets soon as economic conditions continue to deteriorate.
This week, we learned that initial claims for unemployment benefits have hit the highest level in 10 months…
The number of Americans filing for unemployment benefits last week unexpectedly jumped to the highest level in 10 months, the latest sign that the labor market is starting to cool in the face of high interest rates.
Figures released Thursday by the Labor Department show initial claims for the week ending June 8 increased by 13,000 to 242,000, above the 2019 pre-pandemic average of 218,000 claims. It marks the highest level for jobless claims since August 2023.
Continuing claims, filed by Americans who are consecutively receiving unemployment benefits, also rose to 1.82 million for the week ended June 1, an increase of 30,000 from the previous week.
Virtually all of the economic numbers that we have been getting lately tell us that the economy is rapidly heading in the wrong direction.
So if you think that things are bad now, just wait until you see what is coming.
Personally, I fully expect conditions to get steadily worse throughout the rest of 2024.
All of the “vanlords” out there will soon have even more potential customers to prey on, and that is not good news for any of us.
Michael’s new book entitled “Chaos” is available in paperback and for the Kindle on Amazon.com, and you can subscribe to his Substack newsletter at michaeltsnyder.substack.com.
Five Things New “Preppers” Forget When Getting Ready for Bad Times Ahead
The preparedness community is growing faster than it has in decades. Even during peak times such as Y2K, the economic downturn of 2008, and Covid, the vast majority of Americans made sure they had plenty of toilet paper but didn’t really stockpile anything else.
Things have changed. There’s a growing anxiety in this presidential election year that has prompted more Americans to get prepared for crazy events in the future. Some of it is being driven by fearmongers, but there are valid concerns with the economy, food supply, pharmaceuticals, the energy grid, and mass rioting that have pushed average Americans into “prepper” mode.
There are degrees of preparedness. One does not have to be a full-blown “doomsday prepper” living off-grid in a secure Montana bunker in order to be ahead of the curve. In many ways, preparedness isn’t about being able to perfectly handle every conceivable situation. It’s about being less dependent on government for as long as possible. Those who have proper “preps” will not be waiting for FEMA to distribute emergency supplies to the desperate masses.
Below are five things people new to preparedness (and sometimes even those with experience) often forget as they get ready. All five are common sense notions that do not rely on doomsday in order to be useful. It may be nice to own a tank during the apocalypse but there’s not much you can do with it until things get really crazy. The recommendations below can have places in the lives of average Americans whether doomsday comes or not.
Note: The information provided by this publication or any related communications is for informational purposes only and should not be considered as financial advice. We do not provide personalized investment, financial, or legal advice.
Secured Wealth
Whether in the bank or held in a retirement account, most Americans feel that their life’s savings is relatively secure. At least they did until the last couple of years when de-banking, geopolitical turmoil, and the threat of Central Bank Digital Currencies reared their ugly heads.
It behooves Americans to diversify their holdings. If there’s a triggering event or series of events that cripple the financial systems or devalue the U.S. Dollar, wealth can evaporate quickly. To hedge against potential turmoil, many Americans are looking in two directions: Crypto and physical precious metals.
There are huge advantages to cryptocurrencies, but there are also inherent risks because “virtual” money can become challenging to spend. Add in the push by central banks and governments to regulate or even replace cryptocurrencies with their own versions they control and the risks amplify. There’s nothing wrong with cryptocurrencies today but things can change rapidly.
As for physical precious metals, many Americans pay cash to keep plenty on hand in their safe. Rolling over or transferring retirement accounts into self-directed IRAs is also a popular option, but there are caveats. It can often take weeks or even months to get the gold and silver shipped if the owner chooses to close their account. This is why Genesis Gold Group stands out. Their relationship with the depositories allows for rapid closure and shipping, often in less than 10 days from the time the account holder makes their move. This can come in handy if things appear to be heading south.
Lots of Potable Water
One of the biggest shocks that hit new preppers is understanding how much potable water they need in order to survive. Experts claim one gallon of water per person per day is necessary. Even the most conservative estimates put it at over half-a-gallon. That means that for a family of four, they’ll need around 120 gallons of water to survive for a month if the taps turn off and the stores empty out.
Being near a fresh water source, whether it’s a river, lake, or well, is a best practice among experienced preppers. It’s necessary to have a water filter as well, even if the taps are still working. Many refuse to drink tap water even when there is no emergency. Berkey was our previous favorite but they’re under attack from regulators so the Alexapure systems are solid replacements.
For those in the city or away from fresh water sources, storage is the best option. This can be challenging because proper water storage containers take up a lot of room and are difficult to move if the need arises. For “bug in” situations, having a larger container that stores hundreds or even thousands of gallons is better than stacking 1-5 gallon containers. Unfortunately, they won’t be easily transportable and they can cost a lot to install.
Water is critical. If chaos erupts and water infrastructure is compromised, having a large backup supply can be lifesaving.
Pharmaceuticals and Medical Supplies
There are multiple threats specific to the medical supply chain. With Chinese and Indian imports accounting for over 90% of pharmaceutical ingredients in the United States, deteriorating relations could make it impossible to get the medicines and antibiotics many of us need.
Stocking up many prescription medications can be hard. Doctors generally do not like to prescribe large batches of drugs even if they are shelf-stable for extended periods of time. It is a best practice to ask your doctor if they can prescribe a larger amount. Today, some are sympathetic to concerns about pharmacies running out or becoming inaccessible. Tell them your concerns. It’s worth a shot. The worst they can do is say no.
If your doctor is unwilling to help you stock up on medicines, then Jase Medical is a good alternative. Through telehealth, they can prescribe daily meds or antibiotics that are shipped to your door. As proponents of medical freedom, they empathize with those who want to have enough medical supplies on hand in case things go wrong.
Energy Sources
The vast majority of Americans are locked into the grid. This has proven to be a massive liability when the grid goes down. Unfortunately, there are no inexpensive remedies.
Those living off-grid had to either spend a lot of money or effort (or both) to get their alternative energy sources like solar set up. For those who do not want to go so far, it’s still a best practice to have backup power sources. Diesel generators and portable solar panels are the two most popular, and while they’re not inexpensive they are not out of reach of most Americans who are concerned about being without power for extended periods of time.
Natural gas is another necessity for many, but that’s far more challenging to replace. Having alternatives for heating and cooking that can be powered if gas and electric grids go down is important. Have a backup for items that require power such as manual can openers. If you’re stuck eating canned foods for a while and all you have is an electric opener, you’ll have problems.
Don’t Forget the Protein
When most think about “prepping,” they think about their food supply. More Americans are turning to gardening and homesteading as ways to produce their own food. Others are working with local farmers and ranchers to purchase directly from the sources. This is a good idea whether doomsday comes or not, but it’s particularly important if the food supply chain is broken.
Most grocery stores have about one to two weeks worth of food, as do most American households. Grocers rely heavily on truckers to receive their ongoing shipments. In a crisis, the current process can fail. It behooves Americans for multiple reasons to localize their food purchases as much as possible.
Long-term storage is another popular option. Canned foods, MREs, and freeze dried meals are selling out quickly even as prices rise. But one component that is conspicuously absent in shelf-stable food is high-quality protein. Most survival food companies offer low quality “protein buckets” or cans of meat, but they are often barely edible.
Prepper All-Naturals offers premium cuts of steak that have been cooked sous vide and freeze dried to give them a 25-year shelf life. They offer Ribeye, NY Strip, and Tenderloin among others.
Having buckets of beans and rice is a good start, but keeping a solid supply of high-quality protein isn’t just healthier. It can help a family maintain normalcy through crises.
Prepare Without Fear
With all the challenges we face as Americans today, it can be emotionally draining. Citizens are scared and there’s nothing irrational about their concerns. Being prepared and making lifestyle changes to secure necessities can go a long way toward overcoming the fears that plague us. We should hope and pray for the best but prepare for the worst. And if the worst does come, then knowing we did what we could to be ready for it will help us face those challenges with confidence.
