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25 July 2017
The most important component of a Resilient Plan B
Like all plans, a plan B has a list of many different components. All of them are important and missing the mark on one of those will always come with consequences. There is one element that will affect the whole plan the most.
When you are setting up your plan B place, you can get every detail right and every aspect in place, but if you made a mistake on this one, the whole plan would fail one day. And most likely that day would come when you need your plan B the most.
There are many different opinions on what is important to consider when preparing for a plan B. I am convinced that the top 7 essential components are the choice of country, climate, specific location, food source, shelter, community, and reserves. If you put them all together correctly, your back up plan becomes a Resilient Plan B.
You can buy yourself a beautiful off-grid farm house on a self-sustainable cattle ranch in an excellent part of the world. It would come with a well-established garden and an orchard that produces an abundance of organic food. That home could be ideally located in an enjoyable climate and be surrounded by friendly neighbors, but if it is all set up in the wrong country, then your plan B could fail you one day.
For example, I have been in Seoul, South Korea recently. A green and beautiful, developed, innovative and modern city. It is considered the 7th most sustainable city in the world. And just 35 miles north of it is a completely different picture. People on both sides of the border share the same climate, same language, and the same nationality and yet they live in absolutely unlike circumstances.
Would I want to have my plan B place in either of the two countries? Of course not! On one side you have the totalitarian dictatorship with one of the largest armies in the world and on the other side a very nice place but under constant threat of war.
Let's look at another safe, modern and beautiful place - Singapore. Last time I've visited that city, I told my wife that I could very well imagine living there. Examining my thought further I can see a different problem - extremely high population. In case of great natural disasters overpopulated areas may quickly become unstable and dangerous.
You may find a country that is not under threat of war with low population, but if it is corrupt, it spells problems down the road. You unquestionably want to be in a place where property rights are respected, and you don't have to bribe your way through.
So, the most important component of a Resilient Plan B is the choice of country.
By what criteria do I evaluate if the country is suitable? A country that is less likely to be at war, has low population, low government debt, and low corruption.
If the country is in a lot of debt, at some point, they will make somebody pay for it. There is nothing new under the sun...
The more the government gets into debt, the more dangerous it becomes to those who manage their finances properly. If you add corruption on top of debt, it's almost certain that those who have will be "politely" asked to share. And again, those who do not study history will be doomed to repeat it.