This is a repost from a 2015 article I wrote at at one of my other blogs, now dormant.
There is much chatter these days around our church about the sense that economic hard times are right around the corner. One doesn’t have to even tune in to the prophetic/apocalyptic voices or the Bible passages on the matter, the headlines from secular media sources are all around us. Take this recent one for example…. How You And Your Money Will Be Parted During The Next Banking Crisis
We should be as familiar with terms like “bail ins” and not rely on bail outs. Respected friends of mine are saying things like, Take the hit and pull your 401K now, there are possibilities on the horizon, plausible ones, that could vaporize your 401K and other digital monies and create unprecedented civil unrest and hardship. Pray about where to give that money away. Free each other and your church.
Do with that what you want, I’m just repeating it here. Giving financial advice isn’t my purpose here. Sounding an alarm is. I wrote the following for another purpose and decided to share it here.
Forthrightness on the Possibilities of Hard Times Ahead.
Nobody likes alarm clocks, especially when sounded in society. Like alarm clocks, alarmists can be irritating and annoying. It is a challenge to sound an alarm without being an alarmist.
Even so, elected officials should be shooting straight with us and being forthright about challenges and concerns on the horizon. The elected position I hold is to represent people not be a representative of big government, big banks or big business. We are living in a time when that trinity is not being forthright. We should be hearing, “Hey, there are possibilities on the horizon, plausible ones, that could vaporize your 401K and other digital monies and create unprecedented civil unrest and hardship.” Instead we are hearing nothing. We scoff at the preppers in our midst yet are oblivious to the fact big government agencies are prepping in enormous and unprecedented ways. What are they getting ready for and why is it wrong for us to wonder or prepare ourselves?
In the words of an ancient king, “a prudent man sees danger and takes refuge, but the simple keep going and suffer for it.” The main points outlined here are things I feel need to be said from an official capacity.
1. Citizens are not the first on the list for actual, factual information. 
There is little transparency and the average Joe is not in the loop. Government agencies presently doing large scale stockpiling and military exercises are hardly being forthright with Americans. We live in a surveillance state where the government watches our every move. The Founders intended that it be entirely the other way around. Government is increasingly hard to trust and believe. Agencies may be talking honestly among themselves about threats, but citizens are marginalized and mocked when they raise concerns and connect dots.
2. South Dakota is not a top priority for Federal anything in times of national crises.
South Dakota is a dependent state– for every dollar we send to Washington, two come back. An economist in Pierre told me several years ago that a twenty percent reduction in Federal funds would put us back in the Stone Age.  For three years I have proposed the idea of forming an Economic Contingencies Work Group to ascertain the effects of a significant and extended national economic crisis on South Dakota and to make recommendations to the state and general population on how to best prepare for, and manage, an economic crisis (see HB1086).
Many of my colleagues in the legislature have signed on to these proposals and believe strongly in them. But it takes the legislative leaders and the Governors office to make it happen. Some members have scoffed… Hickey, we don’t go by the Mayan calendar up here. Instead they have chosen to form work groups to study wine distribution in our state, and to further beat the transgender issue to death. We are heading into days when transgender issues will be the least of our worries. Why can’t we talk about how there are reputable economists saying: a crisis that dwarfs the crisis of 2008 is coming.
It is foolish to think what happens in other countries can’t and won’t happen here. Haven’t we learned yet bailouts are not for citizens?
3. South Dakota, it is time to rise to new levels of neighborliness and readiness.
fema.gov is saying… have a bug out bag; three days of food and water, a hand crank radio and prescriptions, etc, etc. A Department of Homeland Security employee told me DHS recommends 90 days food supply for their employees. What are we not being told? In the absence of any official word from Pierre, I’ll offer the following…. that every household in South Dakota consider the following.
  1. 90 days food supply – enough for you and others. Start with 3 days, then 7…
  2. alternative water sources
  3. Stash $500 cash (in small bills) to weather a fews days without ATMs
  4. Passports for everyone, kids especially
  5. Make this a-summer-to-save-and-sell, not spend and borrow. Cut up your credit cards and get out of debt.
  6. Adopt the poor and elderly. Talk to your neighbors.
  7. Find a community to connect with; Vets, moms, church, etc.
4. Our business community needs to talk about benevolence and what it means for them to take care of their own.
A CEO at Avera mentioned to me they have an economic contingency plan so they can continue a level of care if/when Federal reimbursements are reduced or stop. This is encouraging and maybe there are more thinking along these lines. State leaders and business leaders need to have these conversations. My hope is that people, not profits, will be our priority.
5. Get your church ready for its finest hour. 
  1. Appeal to Heaven. Return to your spiritual roots. The tree planted by water has no fear of drought.
  2. Repent for squandering these years of plenty.
  3. Ask, who is my neighbor? Prepare for an influx of people to the area. How can we host them? Address any hostilities toward them.
  4. Teach enemy love now so we don’t just shoot back and do unto them what they do unto us.
My challenge to every spiritual leader in our state is to talk in your communities about what it means that things might not always be as they are right now.
6. Resist the extremes of fear and denial.
There are more dollar crash deniers out there than climate change deniers. Decide what makes sense for you and your family and ignore those who have no grid for things to radically change.
There are a variety of things that could shake our nation economically and socially and I’m not going to speculate what I sense coming. History is a good guide, so are simple things like math and gravity. Those with open eyes can connect dots without venturing off into conspiracy theories. Some of this is self-evident– we reap what we’ve sown. My emphasis here is more on when than what. If there was no urgency there would be no press release today. My personal sense is, at minimum, we have the summer to get ready for an economic shaking. After economic humility comes military humiliation as our enemies are moving into position to pounce.