If the economy collapses, are you prepared?

[DrPepper]

Quote from stevegee58:

Dang Dr Pepper you sound like me.

One difference between your story and mine is I'm actually putting in chickens this spring...

Thanks for the best laugh I've had today!

 

[bgp]

oh it will NEVER collapse. the government will bail us out look at what one year has done .just spend our way out. the economy is ok all the trillions of debt has disappeared into thin air and the stock market is up. so nothing could be wrong or go wrong. if i here one more educated dumb FER talk this way i'm going to kick their ASS. plain F ING STUPID! THIS USA IS IN BIG TROUBLE AND THIS ARIFICIAL FED. TREAS.TARP $ BANK BEAR RALLY will end in a collapse. i dont want to hear anymore dumbshit tell me everything is OK. go read economic books from the 18th and 19th century when real brains were still around.

bp

 

[stevegee58]

Quote from DrPepper:

Thanks for the best laugh I've had today!

Except I was dead serious...

 

[Scataphagos]

Quote from DrPepper:

"... Their plan seems to simply keep interest rates low, print money and inflate our way out of debt.

So my question is, what scenaria do those of you who are expecting a sudden economic catastrophe envision at this time? Or are you simply expecting a slow decline in the value of the US dollar as I described?

At the rate they're going, there will be no "inflating our way out of debt"... just keep piling it on... hopefully not so rapidly as to cause the system to crash.

My best guess is for a "rapid devaluation of the $USD" but not a collapse.

("Rapid" = $USD drops from present 80 to about 10 in the next 25 years.... very few Americans will be able to maintain the buying power of their wealth under such an assault... and nearly ALL of us will be effectively bankrupted)

 

[ElCubano]

Quote from MohdSalleh:

Americans are angry, there are no jobs, no more money coming in, our patience is running low

the new season of "housewives of Atlanta" should put them at ease.

 

[ElCubano]

Quote from DrPepper:

I have been reading this thread with interest because I was convinced that we were headed for economic armageddon last year. These concerns led me to purchase guns and ammo for the first time in my life, obtain my concealed carry permit, stockpile several cords of firewood for my woodstove and purchase books on gardening and survival. This year, I intend to plant several fruit trees as well as a square foot garden with non-GMO, heirloom seeds and I am researching water purifiers that will clean water from my swimming pool if needed. I will also be stockpiling some food, including nitrogen-packed beans, rice, wheat and seeds for sprouting. I have some camping equipment, but need to purchase a butane stove and a few other supplies. I would like to raise chickens for meat and eggs, but I don't think that my neighborhood association would be too happy about it.

This will do you no good, if you are within reach of the chaos. It doesn't take a rocket scientist to figure that one out.....you need to go backcountry and to a part of the country where you can grow on land. All the above stuff needs to be there not where you live now. You need a gataway plan and enough fuel to get you there... You think you can survive in your neighborhood with what you mentioned above you are nuts.


Rioting would start as soon as the power grid is turned off and when you turn on the spicket and no water comes out. Buildings/homes would be on fire all over the city ala rodney king style. corpse would be lying in decay on the streets ...You think you and all the ammo in the world would be able to hold up the fort....think again

 

[bgp]

very true.

bp

 

[jficquette]

I got me a whole bunch of canned butta beans. I am set.

 

[zdreg]

Quote from jficquette:

I got me a whole bunch of canned butta beans. I am set.

what is the life of butter beans. do u have cases of them?

typical that the mod can't handle the thought of a collapse and moves the thread to chit chat. obviously this is his 1 chance in life to exercise power. i guess people who know him but don't speak english well would be impressed by his actions.

 

[Lucrum]

Quote from Rearden Metal:

...I've said this many times, but if you're thinking not just economic collapse but complete and utter Haiti/Mad-Max/The Postman/WaterWorld/The Day After/Jericho type devastation, you'd get WAY more bang for your hoarded buck by accumulating a large stash of antibiotics...

Admittedly I hadn't thought about that.