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Question: Should I buy a good tent and start stocking up on canned goods

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workinclasszero Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-03-08 05:20 PM
Original message
Question: Should I buy a good tent and start stocking up on canned goods
now? Or should I wait a little longer for the Bush/Republican/Free Trade Depression to fully take affect? I mean things are cheaper in a depression right?

Or will we have Hyper inflation?

God help President Obama, I hope he can be the FDR of our generation.

I am seriously getting scared about our deteriorating economy.:scared:
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Blue Meany Donating Member (986 posts) Send PM | Profile | Ignore Fri Oct-03-08 05:33 PM
Response to Original message
1. Both depression and hyperinflaction
Inflation for things we need, like food, fuel and medicine; deflation of real property and personal assets. The only upside of the decline of the dollar, which must be accelerated by the bailout, is that American labor will be more competitive and we won't be able to afford imports.
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workinclasszero Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-03-08 05:45 PM
Response to Reply #1
5. If property continues its decline, won't property taxes go down as well?
Good news for home owners I guess, if your not being foreclosed of course. Course city services will suffer too unless they jack up taxes another way.

I can't imagine the dollar being worth much now after all this.
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McCCain4retirment Donating Member (345 posts) Send PM | Profile | Ignore Fri Oct-03-08 05:35 PM
Response to Original message
2. Don't worry
The government is trying to scare the living shit out of us,it worked in 2001,and they think it will work in 2008.

remember everybody was buying bomb shelters after 9/11?

just hold on till jan 20,things will change.
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workinclasszero Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-03-08 05:47 PM
Response to Reply #2
6. I seriously hope you are right friend. eom
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TreasonousBastard Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-03-08 05:37 PM
Response to Original message
3. Stake out a little garden on high ground...
Don't wasdte your money on canned goods that will last a few weeks.

Spend every nickel you can find on ammo-- you'll need it when the starving hoards hear about your garden.

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workinclasszero Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-03-08 05:51 PM
Response to Reply #3
7. The bad part is
Me and the family live in an apartment. There are wooded areas around here that maybe could be turned into a garden in a pinch.

Don't own a gun at this time but that could change too. I can't believe that in 8 short years Bush destroyed the surplus and plunged this nation into chaos!
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TreasonousBastard Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-03-08 06:19 PM
Response to Reply #7
9. Ya know, with all the doom and gloom around here...
I suspect some people really want to see the worst happen.

Fact is, we still have the capability to produce food, clothes, medicine, and all the stuff we need to survive even if we have a financial crash worse than '29. Lots of stuff could be nationalized, other stuff could be subsidized, and it would all work pretty much as it does now. Just a lot less of it, but no one need gop naked, hungry, or homeless.

Not that things would be the same, or anything to brag about, but there's a good chance things wouldn't be nearly as bad as some seem to insist it will.

And that's with a really horrendous crash, which probably won't happen any time soon.





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Iggo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-03-08 05:44 PM
Response to Original message
4. Don't forget the can opener.
They always forget the can opener.
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Dont_Bogart_the_Pretzel Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-03-08 05:57 PM
Response to Reply #4
8. TreasonousBastard has the answer..
buy a gun in case you forget the can opener. :hide:



















:silly:
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