Posted on 11/24/2012 5:33:22 PM PST by upchuck
It does depend on where you live.
Climate, soil and water become driving forces.
Your experience may be different, one size does not fit all.
Go to the link. After paying for Entitlements, Social Security, interest on the debt, and defense, there isn’t much (comparatively speaking)left for discretionary spending.
Many people think that just cutting discretionary spending is the way to cut the debt. This chart makes it pretty clear where the biggest chunks of money goes.
Past history of USA was that we paid our foreign debts, became an economic superpower, and people came to have faith in our ability, but also our determination to pay our debt.
The last debt ceiling debacle may have many countries wondering whether we would choose to stiff them rather than our own citizens.
FDR required gold to be turned in, and paid a specified price for it. Once the Government had the gold, they devalued the dollar, the citizens took a 40% haircut IIRC.
So, my money is kinda on the citizens will get the shaft. (But not the welfare types-Obama’s voting coalition).On the other hand, maybe they really do want to take down the entire global system.
Ok, that made me laugh. I’m definitely using that in the future.
No.
The problem with this backyard, besides its small... is that it has really really good drainage, so I might need to water the corn well.
I also know you shouldn’t plant corn and tomatoes near each other but that squash and beans work well with corn.
1.Declare a National Emergency...
2. Take over all banks and credit unions, confiscate all money in personal bank accounts over $500 replace it with low yield/long term government paper...
3. Nationalize all private or company retirement accounts and replace them with government guaranteed pensions backed by low yield/long term government paper...
4. Forbid all private ownership of gold and silver and require it turned at a low price, say, $1000/$12 oz., payable in low yield/long term government paper...
5. Forbid taking more than $500 in currency out of the country...
6. Forbid US citizens from having foreign bank accounts...
7. Tack a 2.5% federal surcharge on all banking and credit card transactions...
8. Lower threshold of inheritance tax to $250,000 (soak those millionaires and billionaires!)...
9. Nationalize all petroleum/gas resources and production chains all the way to the pump...
... I'm sure you can think of hundreds more "plans". No doubt the 0bama Regime can and will.
That’s my plan. I’ve started investing in multifamily properties. My main requirements is that it must have a positive cash flow - I look to pay the mortgage, taxes and insurance with 50-60% of the rent.
My thought is that if there is inflation rents go up and I earn more. The value may drop slightly in the near term, but long term it should go up. All the while earning me 15-20% return on investment.
I figure this will be my retirement, I don’t have much faith that I’ll get much through SS.
In my area, it's grown on BIG lots!
And then the next year, soybeans are.
That’s a good plan, and if you’re young and can handle the maintenance yourself, should work: as long as you don’t have complete animals that thrash your stuff!
Put down a lot, and get a fixed rate. Then pay it off with inflated dollars.
But get rid of variable rate debt ASAP.
Possibly. But, real estate requires a stable social order. Once the money is worthless, I suspect social chaos might set in and real estate might become kindling for ticked off Obama voters.
Then go to location without a lot of them!
Also, if the chaos kills off a LOT of people, there won't be much DEMAND for what you've got!
MAD MAX: Fury Road
I agree.....Real Estate should be an escape not an investment in these troubled times.
One of my main requirements when buying a property is that it’s a place I would want to live in.
Because of that requirement I’m able to get good tenants. I’ve dealt with inner city rentals before - it’s too much work.
So in an area of about 4ft by 12ft you could have 36 corn plants,and some good corn plants like "incredible" will produce two ears per plant in a good growing season with proper fertilizer.That's up to 72 ears of corn.
Corn loves nitrogen so when it start growing about 5-6 inches tall throw some around the plants then when it starts "tassel ling" do it again.
Well drained soil works fine My garden is well "drained". Actually a well drained garden does the best.
Rather surprised no one wanted to dispute that post about the design of the system and the requirement for exponentially more debt.
bump
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