Posted on 05/18/2010 7:05:51 AM PDT by blam
so are small items of good quality jewelry
and booze! scotch and bourbon = hard currency
also medical supplies
Idiots who watch TV and pay for cable and sat TV enable the 5 networks that control 90+% of the channels. ALL the networks support Obama including Fox/Saudi News.
Keep watching them ball games serfs.
The food riots will be ugly. The communists need a catastrophic collapse and are in position to cause it.
The History Channel had a week of "disaster docu-dramas" on, a couple of months ago, I believe -- it was called "Armageddon Week" ... :-)
That was interesting because it showed people dying off in the big cities, and many congregating in the smaller communities for self-protection. But, it certainly wasn't what I would call "living" -- because even in the "safe" areas (those smaller areas where people congregated together and cooperated for protection), it was more like a dictatorship by those who controlled the smaller areas. It wasn't like "gangs" but was peaceable and controlled, but not free and like we live today.
If that happens, we won't have a Constitution any more (at least not one that anyone abides by, or pays attention to), and it will simply be the "rule of force" -- and everyone will simply do whatever they want, according to the force that they can apply ... and that's all it will be about ...
It will take a generation or two or more to ever become "civilized" again ...
Buy seed..... not from Monsanto
I am certainly no stock expert, but I consider all of the unusual events which have occurred over the past 2 years (including trillion dollar deficits, States that are bankrupt, stubborn unemployment, bank failures, out of control borders,etc. etc.) and I see interesting times ahead.
I do remember the old days when people considered such oddities as price - earnings ratios, and other fundamentals, when evaluating investments. Do they still do that today? What is the current price - earnings of the DOW?
booze and cigs are good currency,
but I don’t think I’d like to trade in them
unless absolutely necessary.
So where’s your money “stored”? T bills? Gold? Curious ... ;-)
The best advice I can give you is don't take advice from on-line forums, blogs or FR. That said, post 48 has some common sense...
Same with the religious leaders who predict the end of the world every time there is an outbreak of violence in the Middle East.
Oh ... don't worry... no matter whether the U.S. collapses and goes into the stone age or not ... that one is definitely coming... you can bet on it ... :-)
And it's not that far away... I would say within the lifetimes of any who are reading this now. Get ready for that one.
Well, it would depend on what he really has in mind. If there were straight Deflation, then paper currency would be a lovely thing, because it would buy more and more stuff with each passing day.
What worries people is that policymakers would inevitably respond to Deflation, by spending unbelievable amounts of fiat money, precisely in order to try to create some inflationary impulse. When there’s deflation, the tendency to save becomes irresistable (because the dollars in the mattress generates high returns not in interest, but in purchasing power) which leads to further stagnation, a vicious cycle.
What that can result in is something called a Liquidity trap, where your cash earns no interest, but anything you invest it in that’s linked to the economy declines in value. So you have little risk taking, little spending because of fear of the uncertainty in the future, and ongoing stagnation in activity. Japan went into a Liquidity Trap more than a decade ago, and only the Chinese economic boom helped them to get a little bit better (but far from cured).
Sorry, I don't advise...I just post'em and learn from the comments you all post. I'm a retired chip-maker.
My dad is still around, thankfully. He’s 76. I’m very grateful for that every day. He’s a truly great man.
It’s when I think of my Italian immigrant grandfather that I tear up. I can picture him (all five feet of him) looking around and shaking his head, not sure what to make of it all.
It is for people like your dad that we owe the duty to absolutely fight like hell the horseshit on parade right now. Every FReeper worth their salt knows that, and will be in the arena, come November.
Your dad didn’t fight for nothing. I promise you.
For those interested you can download my Preparedness Manual at:
http://www.mediafire.com/?ojmy2z1zfin
Well said.
The 1000 point drop was not so much about one action triggering the downturn as much as it is a hint at the mood of the brokers. Someone seems to have triggered it. Then there was a ton of buying at the bottom that triggered the rise as the panic wore off. Someone made a killing, and I suspect that is where any investigation should be made.
The near panic of the brokers is mirrored in this article. They have no confidence.
buy property, buy stockpiled foods, lots and lots of ammo for the entitlement zombies.
Talking about buying property... I was just talking to a guy who has been into real estate for a long while and he's been buying up properties at tax sales. He's getting ready to buy up about ten of them (he told me yesterday) at tax sales... amounting to about maybe 2,000 to 3,000 (or thereabouts) for a house/property, that may be valued at around $100,000. He says he gets the deed for it within 48 hours and there's no recourse for the owners ...
Someone is planning on making a lot of money, I would say ... :-)
HOA’s involved?
heh
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