How to prepare for the worse...

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Originally Posted By: d00df00d

Actually, last I heard, there are a bunch of retired/abandoned silos (with all the dangerous/secret stuff removed) in the middle states. You can thank our nuclear de-proliferation and modernization efforts for that.


There's one being refurnished in my state that is supposed to house between 15-30 families. Some guy is spending quite a few million to make it into a housing unit and then he sells these "condos" to these families at a huge profit. They've interviewed him on the news several times and he has often said that he's doing it to make money, not to ever live there himself.
 
On a more serious note:

I think this could have been a great thread. I applaud the OP for trying to get people talking about fiscal responsibility, especially these days. I also applaud the folks who have tried to stay on topic and offer good advice.

Regarding the doomsday stuff: As I said in another thread a while back, the end of the world doesn't scare me one bit, but the people who think the world is about to end scare the heck out of me...
 
Nah, I wasn't going to push anything doomsday. Besides, that's a whole other thread......though some Zombies somewhere could get interesting...
grin.gif


Though I'd love to see people not just go out and buy the latest do dads all the time...
 
I've been working on spending less everywhere I can. Its actually been fun. I made a killing at the Goodwill in Bowlingbrook.

Since I am a grad student I expect that the zombies will mistake me for one of their own.
 
I am thinking the worsening of economy (or the economy staying where it is, which is not great) is a fact, but the panic caused to the levels of building storm sellers and stocking up and digging in the backyard RIGHT NOW to start a garden is a bit exaggerated.
Has to be more realistic and live withing one's means, and be prudent about financial decisions, and save as much as one can, but the Mad Max type future scenarios are a bit overkill, IMO.
 
There are some who would say that the current economic decline is being extended by more and more people living within their means.

That in itself is quite telling. More than a housing bubble was going on a few years ago. It was an everything bubble created by people spending for the sake of spending. regardless of what anyone else says living within one's means is ALWAYS a good idea.
 
Quote:
Regarding the doomsday stuff: As I said in another thread a while back, the end of the world doesn't scare me one bit, but the people who think the world is about to end scare the heck out of me...


+1
 
+2

"Scare" may not be exactly the right term for my feelings, but in lieu of a better way to state it I'll use scare.

In a way, it's like giving up. What kind of life would it be? You would be able to say you're alive, but what would be the point?
 
What you're talking about is mostly just prudent personal management.
Nothing doomsday about it.
I personally think that the US economic outlook is pretty sound and is certainly better than it was two years ago.
I think two years from now we'll all feel pretty secure.
Still, to live with low debt, low expenses and high savings is never a bad thing.
If you don't dig yourself a hole, you don't have to find a way to get out of it.
 
Yes! I agree with the recent posts! Its not the end of the world but living a little lean will help us in the long run.

And to be honest, I am a little troubled by people who are stockpilling bullets.
 
So, you think somebody would pay you cold cash for your supply of Holy Bibles when the SHTF? Really??

Doomsday scenarios are fun to contemplate but if anybody is even remotely serious about it, I think they need to visit their psychiatrist and increase the dosage of the happy pills.
 
It is somewhat ironic to me that misuses of firearms lead to knee-jerk talk about gun control, which leads to massive panic buying of more firearms. A lot of them are being bought by people who won't store them or maintain them properly and will probably end up in the hands of future whack-jobs who will misuse them.

Kind of a vicious circle, wouldn't you say?

The entire underlying spirit of America makes ANY kind of prohibition a joke.
 
Originally Posted By: Vikas
So, you think somebody would pay you cold cash for your supply of Holy Bibles when the SHTF? Really??

Doomsday scenarios are fun to contemplate but if anybody is even remotely serious about it, I think they need to visit their psychiatrist and increase the dosage of the happy pills.


Happy pills: NO
Holy Bible: YES
 
Originally Posted By: Vikas
So, you think somebody would pay you cold cash for your supply of Holy Bibles when the SHTF? Really??

Doomsday scenarios are fun to contemplate but if anybody is even remotely serious about it, I think they need to visit their psychiatrist and increase the dosage of the happy pills.


People around the world ALREADY live or have lived through 'doomsday' conditions. In fact, some of the worst predictions would be an UPGRADE to them.
You must have an artificially insulated life.
 
Originally Posted By: DBMaster
There are some who would say that the current economic decline is being extended by more and more people living within their means.

That in itself is quite telling. More than a housing bubble was going on a few years ago. It was an everything bubble created by people spending for the sake of spending. regardless of what anyone else says living within one's means is ALWAYS a good idea.



I find this the most interesting and truthful thing in this thread.

The economy will slow down when people start living responsibly in the developed world.

This shoud be a good thing, but instead, it's seen as a crisis...how insane is that?!?!
 
"The worst" is when they have a run on the bank, and it's closed, or legislated that everyone take a 10%, 20%, 30%, 95% hit to stop "it" from "failing".

At that point, those with assets in the bank are S.O.L., regardless.

Those who have some other form of currency reserves are sitting pretty until inflation rips it from them.

Those with something tangible, can either look after themselves, or swap their tangibles for increasingly large piles of toilet paper.

Thinking of what might happen isn't paranoia...thinking that an exponential, and infinite growth is even possible is insanity, but that's the insanity being foisted on us daily.
 
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