If the economy collapses, are you prepared?

[unretired]

Quote from athlonmank8:

LMAO you guys are nuts. Are you prepared for aids? Are you prepared for swine flu?

What's hilarious is that you're not going to make a damn difference when everything goes down the crapper. Things change and the plan you have now won't be the plan you're going to use.

More importantly are you prepared for the Rapture? (seriously).

Go out and enjoy life.

So ...
Do you have health insurance?
Car insurance?
Home insurance?
Life Insurance?

Hmmm ...

Are you nuts for having them?

You would be nuts to decide to wreck your car because you have insurance ... but having it is prudence and capital preservation.

Since this is a trading and investment forum ... comments should make sense as to what level of money management and capital preservation is involved in ones decisions.

It is all a matter of wisdom and perspective.
Emotional knee-jerk reactions of one who lacks
perspective, wisdom and understanding are not impressive.
(I hope you don't trade that way.)

As for the Rapture ... who told you that doctrine?
Where is that term used in the Bible?
What is it's history?

Is the devil so powerful that God can't win (btw He already won) and have a Glorious Church without spot or wrinkle that we have to be taken out of here versus "occupy till he comes." (He will come and we will meet Him in Glory ... but the "were-outa-here" doctrine needs a bit of cleaning up to match scripture.)

I suggest you re-think what it means to occupy and overcome.
It requires Gods grace ... but historically He has warned His people and showed them how to preserve and persevere.

So for starters ... why don't you put on a Chinese finger toy to help you "take away the pointing of the finger... Isa58" ... hop in your car and test your insurance out for judging where you shouldn't.


Hey, honestly ... sure ... there are more important priorities and enjoying life
and serving God is the best ... but to berate others with the judgment you came on with
deserves the rebuke you got.

 

[athlonmank8]

Quote from unretired:

So ...
Do you have health insurance?
Car insurance?
Home insurance?
Life Insurance?

Hmmm ...

Are you nuts for having them?

You would be nuts to decide to wreck your car because you have insurance ... but having it is prudence and capital preservation.

Since this is a trading and investment forum ... comments should make sense as to what level of money management and capital preservation is involved in ones decisions.

It is all a matter of wisdom and perspective.
Emotional knee-jerk reactions of one who lacks
perspective, wisdom and understanding are not impressive.
(I hope you don't trade that way.)

As for the Rapture ... who told you that doctrine?
Where is that term used in the Bible?
What is it's history?

Is the devil so powerful that God can't win (btw He already won) and have a Glorious Church without spot or wrinkle that we have to be taken out of here versus "occupy till he comes." (He will come and we will meet Him in Glory ... but the "were-outa-here" doctrine needs a bit of cleaning up to match scripture.)

I suggest you re-think what it means to occupy and overcome.
It requires Gods grace ... but historically He has warned His people and showed them how to preserve and persevere.

So for starters ... why don't you put on a Chinese finger toy to help you "take away the pointing of the finger... Isa58" ... hop in your car and test your insurance out for judging where you shouldn't.


Hey, honestly ... sure ... there are more important priorities and enjoying life
and serving God is the best ... but to berate others with the judgment you came on with
deserves the rebuke you got.

I'm not sure if I understand your response. That word isn't used in the scripture as far as I know. I just used it to refer to the coming of Christ (end of the world).

The 'seriously' on the end means it's the only one of importance. Faith of course is the answer.

As for the end of the economy. The love of money is the root of all evil.

In addition, "Therefore do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough trouble of its own."

Couldn't agree more.

Tomorrow i'm going to wake up, thank God I; can walk, stand, smile, talk, eat, hear, function, have enough food to eat, have a great family, and last but not least am going to have eternal life. ( you guys should be thankful for all of this and more as well). Unfortunately, I know there's ppl worse off than I am.

I know what I won't do tomorrow. Worry about whether the economy will collapse. Quite frankly, I don't care. i'm busy enough as it is.

 

[christianhgross]

Quote from peilthetraveler:

Just wondering how many of you are really prepared if the worst happens.

You can't be prepared for the worst, because you don't know what the worst will be...

Ok, let's say the following...

The stock market drops to zero. Everyone in the financial community will cry despair and the world will collapse, right?

Wrong, try telling that to the farmer in India who sells their rice to the local pocal. That farmer did not benefit from the up, and will not benefit from the down.

That does not mean that there will not be poor again, but it means for the vast majority of this planet it will not matter squat!

For kicks let's just say that the farmer is affected. And now people are out of jobs. Will there be riots? I think not because we have something called the military. If the police become ineffective how long do you really think it will take for the military to jump into action? Just look at Chavez, Castro, Mugabe, and the others. They control their people and there are no riots. The simplest example is Iran. Nice bit of thugery going on there.

So now assuming that there is a military takeover what happens? Oh yeah those people who prepared for the worst and had lots of gold, silver and land will have it all taken AWAY from them! Again look at the examples, Chavez, Castro, Mugabe, Stalin, and the list continues.

If people think that they can stop the military with their right to bear arms well they have not seen what an army is capable of.

The real issue is that people watch too much Hollywood!

 

[christianhgross]

Quote from nasdaqmadness:


excect and hope for the best, but be prepared for the worst.

good trading all

You are expecting that the worst is somehow orderly? Let's say that you happen to have a farm that produces food. Your neighbors on the other hand have no food. How long do you think it will take for a mob to develop? And how long do you think it will take for that mob to shoot you in the head?

I love the book your referenced and Chapter 38. Yes, why not learn how to shoot a weapon. And while we are at it, figure out how to stop 100 people with weapons... Ain't gonna happen...

The book assumes that there are pockets of chaos within an orderly framework. When the worst happens that is not going to be the reality...

I will give you an example of the lunacy. I live in Switzerland and our house has a bunker. I am not joking here, I have a real live bunker that can handle a nuclear war.

When I moved into our house the mover laughed at the bunker. I asked how come. He said, "you are right this bunker can survive a nuclear war, but they forgot one critical aspect." If your houses collapses and you are safe and sound in the bunker, how do you expect to get out?

At first I thought he was kidding, but then it dawned onto me. All of the Swiss bunkers are built in the basement and if the house does collapse there is no way we can get out except if somebody digs us out.

Kind of defeats the purpose, no?

 

[nutmeg]

Let's say that you happen to have a farm that produces food. Your neighbors on the other hand have no food. How long do you think it will take for a mob to develop? And how long do you think it will take for that mob to shoot you in the head?
--------------------------------------------

I really don't see that happening. Like minded people live together. Take inventory of your neighbors. If you have food and your neighbors don't, I'm sure they have something to offer of value to trade. Leaders will emerge, people work together in small villages as they have for years.

Perhaps in densly populated urban areas there may be anarchy but not in rural areas or the burbs. A policeman who lives in the suburbs is highly unlikely to go to work to protect the inner city if he is needed at his home to defend against his neighbors.

 

[christianhgross]

Quote from nutmeg:


I really don't see that happening. Like minded people live together. Take inventory of your neighbors. If you have food and your neighbors don't, I'm sure they have something to offer of value to trade. Leaders will emerge, people work together in small villages as they have for years.

Perhaps in densly populated urban areas there may be anarchy but not in rural areas or the burbs. A policeman who lives in the suburbs is highly unlikely to go to work to protect the inner city if he is needed at his home to defend against his neighbors.

Go back around 130 years ago in America. Remember the frontier? Remember how there was plenty of lawlessness? Or go back 150 years to Europe. People were bashing each other on the head for no real reason other than, "I want what you have so give it to me!" You are right though, leaders will emerge, at the point of a gun. Look at Africa.

http://www.legendsofamerica.com/ks-kansascowtowns.html

By 1870, it had become so lawless, that Abilene hired its first marshal, Thomas Smith, whose first official act was to issue an order that no one would be allowed to carry firearms within the city limits without a permit. However, Smith was killed in the line of duty before the year ended.
...
In no time, it sprouted saloons, gambling dens, and brothels, providing a place where the cowboys could go wild after months on the dusty and treacherous trail. Gunfights, showdowns, general hell raising and hangings soon became commonplace.

 

[nxsux]

We'll all be fine.

Probably another bailout program to save the day (short-term).

Cash for F'd-ers.

 

[rcaldwell]

Quote from efficiency:

All dynasties (Eygptian, Greek, Roman, Byzantine, Ming,Viking, Ottoman, Spanish) have collapsed OR.......... (Spanish, Czarist Russia, Great Britan, French) a shell of what they once were.

But, collapse, or shall we term it decay, is a process, not an event.


We acquired reserve currency status to replace pound sterling in post WWII. That will eventually change (again)

Now, the REAL problem:

Picture two graphs.

One from the dawn of mankind (either Adam & Eve or Neandrethal your choice) to 1920. We'll call it 50,000 years.

The world amassed 1 billion in population over that span.

Hence you have a very very long "X" axis and a "Y" axis whose scale is 1 billion.


Now, graph #2. It would have only a 90 year "X" axis, but a "Y" axis that's 6 times higher than the scale of graph #1. Each dwarfs the other, but only in one plane.

That's the problem (or the root of a lot of problems).

90 years is just one, albeit long, lifetime

Furthermore, projections suggest a population of 9 billion around 2040.

Pit that against finite resources. Best case abundant but nevertheless FINITE.

Yes, yes, lumber is renewable. Corn has doubled yield per acre since about 1964. But requires fertilizer, rotation, and probable irrigation. Fertlizers are primarily, nitorgen, ammonia or potash. First two are petroleum-based. Hence all deplete. Well, we could use bone meal from all starved dead bodies, or a helluva lot of fish heads.

If you don't have plagues (Bubonic, Black, Spainish flu, Hong Kong flu) or wars to purge signficant numbers, you have a higher probability of famine.

In summary, shit hits the fan in about 30 years. Doesn't mean it's going to be a picnic between now and then. Doomsdayers have always existed. But, even a broken clock is "right" twice per day.

The theory of "exponential growth" put out by the Club of Rome a few decades back is the problem facing the world, which your post is alluding to.

 

[ElCubano]

nobody here is prepared for a total collapse. Unless you have the means to go off the grid 100% and have loyal people to do it with. You guys couldnt handle a massive power outage let alone a total collpase of the system. It would happen in days if not minutes...peace

read PATRIOTS...

 

[ElCubano]

Quote from christianhgross:

You can't be prepared for the worst, because you don't know what the worst will be...

Ok, let's say the following...

The stock market drops to zero. Everyone in the financial community will cry despair and the world will collapse, right?

Wrong, try telling that to the farmer in India who sells their rice to the local pocal. That farmer did not benefit from the up, and will not benefit from the down.

That does not mean that there will not be poor again, but it means for the vast majority of this planet it will not matter squat!

For kicks let's just say that the farmer is affected. And now people are out of jobs. Will there be riots? I think not because we have something called the military. If the police become ineffective how long do you really think it will take for the military to jump into action? Just look at Chavez, Castro, Mugabe, and the others. They control their people and there are no riots. The simplest example is Iran. Nice bit of thugery going on there.

So now assuming that there is a military takeover what happens? Oh yeah those people who prepared for the worst and had lots of gold, silver and land will have it all taken AWAY from them! Again look at the examples, Chavez, Castro, Mugabe, Stalin, and the list continues.

If people think that they can stop the military with their right to bear arms well they have not seen what an army is capable of.

The real issue is that people watch too much Hollywood!

Let me tell you what would happen to that farmer within the week of a global collapse. A team of thugs who can't get rice at the local market would come nd ass rape him until he coughed up something to eat.