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Recession or Not? Are we in the next great depression?


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#41 eatyualive

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Posted 22 January 2008 - 01:13 PM

so as a precaution, lets just say we are headed for recession. what would be some precautionary measures one would want to take?

lets say money related and investment related.

supply related.

weapon related.


need some serious insight here and am in the process of preparing for the worst. just in case!

#42 Hippie3

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Posted 22 January 2008 - 03:02 PM

well, some basics-
got a generator ?
got a kerosene heater ?
air compressor ?
propane tank and hoses ?

#43 hyphaenation

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Posted 22 January 2008 - 05:13 PM

glad i live on a farm.


... ever hear Woody Guthrie's song Tom Joad ?

Tom Joad

Tom Joad
got out of the old McAlester Pen;
There he got his parole.
After four long years on a man killing charge,
Tom Joad come a-walkin' down the road, poor boy,
Tom Joad come a-walkin' down the road.


Tom Joad, he met a truck driving man;
There he caught him a ride.
He said, "I just got loose from McAlester Pen
On a charge called homicide,
A charge called homicide."


That truck rolled away in a cloud of dust;
Tommy turned his face toward home.
He met Preacher Casey, and they had a little drink,
But they found that his family they was gone,
He found that his family they was gone.


He found his mother's old fashion shoe,
Found his daddy's hat.
And he found little Muley and Muley said,
"They've been tractored out by the cats,
They've been tractored out by the cats."


Tom Joad walked down to the neighbor's farm,
Found his family.
They took Preacher Casey and loaded in a car,
And his mother said, "We've got to get away."
His mother said, "We've got to get away."


Now, the twelve of the Joads made a mighty heavy load;
But Grandpa Joad did cry.
He picked up a handful of land in his hand,
Said: "I'm stayin' with the farm till I die.
Yes, I'm stayin' with the farm till I die."


They fed him short ribs and coffee and soothing syrup;
And Grandpa Joad did die.
They buried Grandpa Joad by the side of the road,
Grandma on the California side,
They buried Grandma on the California side.


They stood on a mountain and they looked to the west,
And it looked like the promised land.
That bright green valley with a river running through,
There was work for every single hand, they thought,
There was work for every single hand.


The Joads rolled away to the jungle camp,
There they cooked a stew.
And the hungry little kids of the jungle camp
Said: "We'd like to have some, too."
Said: "We'd like to have some, too."


Now a deputy sheriff fired loose at a man,
Shot a woman in the back.
Before he could take his aim again,
Preacher Casey dropped him in his track, poor boy,
Preacher Casey dropped him in his track.


They handcuffed Casey and they took him in jail;
And then he got away.
And he met Tom Joad on the old river bridge,
And these few words he did say, poor boy,
These few words he did say.


"I preached for the Lord a mighty long time,
Preached about the rich and the poor.
Us workin' folkses, all get together,
'Cause we ain't got a chance anymore.
We ain't got a chance anymore."


Now, the deputies come, and Tom and Casey run
To the bridge where the water run down.
But the vigilante thugs hit Casey with a club,
They laid Preacher Casey on the ground, poor Casey,
They laid Preacher Casey on the ground.


Tom Joad, he grabbed that deputy's club,
Hit him over the head.
Tom Joad took flight in the dark rainy night,
And a deputy and a preacher lying dead, two men,
A deputy and a preacher lying dead.


Tom run back where his mother was asleep;
He woke her up out of bed.
An' he kissed goodbye to the mother that he loved,
Said what Preacher Casey said, Tom Joad,
He said what Preacher Casey said.


"Ever'body might be just one big soul,
Well it looks that a-way to me.
Everywhere that you look, in the day or night,
That's where I'm a-gonna be, Ma,
That's where I'm a-gonna be.


Wherever little children are hungry and cry,
Wherever people ain't free.
Wherever men are fightin' for their rights,
That's where I'm a-gonna be, Ma.
That's where I'm a-gonna be."



#44 HepacatBioclass100

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Posted 22 January 2008 - 05:59 PM

I live in the SF Bay Area. I drive a cement mixer. About last Mid-summer this recession hit. I saw 20% of jobs dissappear in one week. FACT! In the Cement industry, we are the first to sit at home with no work. Ask the Construction Trades if there is a Recession..... And like the flipping of a switch I will be the first to say the recession is over, when I start pouring foundations and driveways and sidewalks. (In the East Bay).
Thanks for letting me Reply, Peace

#45 twoguysupnorth

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Posted 22 January 2008 - 06:03 PM

so as a precaution, lets just say we are headed for recession. what would be some precautionary measures one would want to take?

stock up on non-perishable supplies. i wouldnt go over board but rice and grains and stuff that last for a long time. so you will never have nothing at all. equipment and supplies are good too, so you can repair your own stuff or a neighbors.

#46 Lazlo

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Posted 22 January 2008 - 06:21 PM

The construction industry will always be one of the first to take it on the chin when the economy is in trouble. It's already taking it's toll in these parts. It couldn't come at a worse time for some of my buddy's too. Bad, bad timing for damn sure. I'm lucky enough to be in a industry that can't afford to be laying people off. Not too many anyways.

#47 Hippie3

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Posted 22 January 2008 - 07:05 PM

restaurant servers [waiters/waitresses] get hit first,
we noticed wifey's tips dropping off early last year
eating out gets cut, and tips get cut before that,
she was getting chump-change when she got tables.

#48 greenweanie

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Posted 22 January 2008 - 09:30 PM

restaurant servers [waiters/waitresses] get hit first,
we noticed wifey's tips dropping off early last year
eating out gets cut, and tips get cut before that,
she was getting chump-change when she got tables.



i am thinking theme parks get hit pretty close to first if not first, since vacations are the first thing people skimp on when low on money. Then hotels that would house those vacationers...

Might need to start merging this post with the tax cut one since they are leading down the same direction.......

#49 truth=peace

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Posted 24 January 2008 - 11:01 PM

kind of hard not to open up a can a worms on this one - - -

to answer your question,
NOT yet, but it is possible. I'm a bit skeptical. Here's why:

-

years ago, you used to be able to turn in cash for gold.
cant do that anymore.

the US dollar is a fiat currency. it has no inherent value.
Instead, it derives its value as a medium for exchange
when traded for goods or services or to pay debts.

therefore, it's vulnerable to collapse.

well, who authorizes our mints to print cash?
the FED, right?
have you ever looked up Federal Reserve Bank in the phone book?
who owns the federal reserve?
has the FED ever been audited?
how did congress authorize the FED in 1913,
when it simply doesn't have the power to do so?

i find it very difficult to have faith in a system which is privately,
and secretly owned, has yet to be audited, and is no longer publishing M3 data.
(M3 is how much cash is printed and put into circulation)

#50 truth=peace

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Posted 24 January 2008 - 11:06 PM

you realize that 2/3 of planet Earth lives in Poverty?
When 2/3 of this country was in poverty, that was a depression.
so do we live in a world depression?
guess it depends on how you look at it?
do you think that countries in Africa simply don't have enough food
to feed their nations?
Then why do we see children starving on TV?
Those nations are rich in resources.
The reason they are starving is that their leaders are puppets in the face of economic imperialism.
BIG US Corporations (FED, World Bank, IMF),
without public consent/knowledge, are deeply involved
in this process. i mean, Nigeria has a lot more oil than, say, Florida?

Money has often functioned as a tool used to manipulate and enslave the masses for years.

that being said, what makes you think they (the FED in this case) give a fuck about you - or humankind in general?

SO, iknow im sort of a nay-sayer,
and i hope things stay relatively the same,
but please dont think that, the shit cant hit the fan
and please dont believe that shit on CNN

other than that - there's not much most americans can do.

so, fuck it. let the good times roll. hope for the best,
and if the shit ever does hit the fan,
we have enough resources, enough land, food, etc to live freely on our own.
FUCK CHINA! FUCK THE ARABS!
( i mean, im sure they're nice people, but we dont need em - or their widgets)

and if somebody wants to invade my town over a debt, i will be right here,
on my doorstep with a shotgun, a vest and a six pack, ready to kick ass.:rasta:
and i dont live in iraq (only because it's not humid enough to grow shrooms there),
but if i did - i'd be doin the same thing - this time takin out those blackwater fuckers.

and lastly,
i live life knowing that one person can never be 100% sure about anything.
but that one can be confident enough (maybe 99%) to bet on something.
that being said,
i have no problem with looking back at something i may have said and thinking, "you know? i was wrong."

an error only becomes a mistake when you refuse to correct it.
- anonymous

i'm not here to piss in your mouth. im open to critisicm. i want you to prove me wrong.

#51 Hippie3

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Posted 24 January 2008 - 11:15 PM

prove you wrong ?
on all points or would just one suffice ?
here's one for your very first 'point'-

years ago, you used to be able to turn in cash for gold.
cant do that anymore.

americans can in fact use dollars to buy gold
at the current market value.

the currency is no longer gold-based
as there isn't enough gold ,
an economy tied to gold very quickly reaches a fixed limit.
we have become more sophisticated over the centuries
as has the rest of the planet.
the concept of a 'floating currency' ties the value
not just to gold but to many other commodities,
including the currency of other nations.
these are not just american rules,
it's how the world economy works.
no major power bases its' economy on just gold any more.

#52 truth=peace

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Posted 24 January 2008 - 11:52 PM

true.
but you still cannot go to ft knox with a $20 bill and trade it in for an actual piece of gold or silver.
like one used to be able to: i.e. silver certificate

sure, you can BUY gold with US dollars somewhere else.

hey if you got the time, all points would be fine.
i guess you completely disagree?
if so, i respect that.

perhaps my first point was misconstrued.
and if i'm out-of-line, than please let me know.
i'm not trying to pick a fight.
i will be more than happy to keep my opinions to myself.
i am here to share knowledge and make friends.

#53 Hippie3

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Posted 24 January 2008 - 11:59 PM

no, i'm not going to dissect your opinions.
i'm trying to move away from that
obsessive competitive aspect of my personality.
lieb und lebt lieb.
:bow:

#54 truth=peace

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Posted 25 January 2008 - 12:17 AM

that's cool hip.
i have nothing but love for this website and those who built it.

& im not here to convince people of my beliefs.
i was just bored.

i outta just stay away from this board (R&R) for a little while.

:naughty:

#55 Guest_floppypeter_*

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Posted 25 January 2008 - 07:58 AM

T=P has a point.

check out the FED there are some very educational videos over at google video.

It is a private entity that anwsers to no one. Last summer they quietly stopped publishing figures on how much $$$ is in circulation (m3 figure )
The dollar started to fall.

It was a catch 22 for them IMO

they needed $ 2 fund the war on terror and to shore up the failing mortgage systems. At the same time the dollar is feeling the pressure of other countries starting to trade for oil in euros. This instability causes small countries (i.e.sweden) to sell off all thier US dollars at a reduced rate.
If they were to publish the exact amount of cash that they are spending it would hurt the dollar worse. Other countries are getting hip to how to use money and finance as a weapon, just like we've done for many years.

#56 aumbrellaforainydays

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Posted 25 January 2008 - 05:56 PM

I have a feeling I will be rabbit hunting all day with a .22 and eating lots of potatoes.


hey wanna trade some rabbit meat for some wild berries?

#57 vitae1234

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Posted 25 January 2008 - 07:09 PM

Ah, preparing for the worst.

I like to read survivalist and doomsday literature with a fairly skeptical eye. In spite of all the lunatics and alarmists that often write such things, there's still good information to be gleaned.

Perhaps the idea that I agree with most is to have a "bug out" plan. A place to hide, even if temporary. Enough basic supplies to keep yourself alive for a while... sort of an unplanned camping trip that you hope you'll never have to take. Panic, riots, violence... these are the things that *do* happen in extreme situations.

Think about what you'd need if there was suddenly no electricity, no running water, no grocery supplies, and perhaps most dire, no authorities.

I'd ideally want to have a group of 2-6 people, at least one scoped high-powered rifle, a .22, and a shotgun. A few ideas for getting out of urban/suburban areas with either speed, stealth, or both. Knives, matches, backpacks, etc. Extra contact lenses. Some freeze-dried food. Fishing gear.

Once the initial chaos had passed, I'd want to have skills that would make me valuable to others.

#58 Fresh Brewed

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Posted 25 January 2008 - 08:12 PM

Ah, preparing for the worst.

I like to read survivalist and doomsday literature with a fairly skeptical eye. In spite of all the lunatics and alarmists that often write such things, there's still good information to be gleaned.

Perhaps the idea that I agree with most is to have a "bug out" plan. A place to hide, even if temporary. Enough basic supplies to keep yourself alive for a while... sort of an unplanned camping trip that you hope you'll never have to take. Panic, riots, violence... these are the things that *do* happen in extreme situations.

Think about what you'd need if there was suddenly no electricity, no running water, no grocery supplies, and perhaps most dire, no authorities.

I'd ideally want to have a group of 2-6 people, at least one scoped high-powered rifle, a .22, and a shotgun. A few ideas for getting out of urban/suburban areas with either speed, stealth, or both. Knives, matches, backpacks, etc. Extra contact lenses. Some freeze-dried food. Fishing gear.

Once the initial chaos had passed, I'd want to have skills that would make me valuable to others.


Have you read "Lucifer's Hammer" by Larry Niven? It's a great read in this vein.

Amazon.com: Lucifer's Hammer: Books: Larry Niven,Jerry Pournelle

#59 drugs!

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Posted 26 January 2008 - 12:53 AM

so as a precaution, lets just say we are headed for recession. what would be some precautionary measures one would want to take?

lets say money related and investment related...


Save, don't spend. And as Mark Twain said, "Buy land. They don't make it anymore."


The news reports are a bit unsettling. You are not a person, you are a consumer. "Consumers tightened their belts over the holidays..."

And don't even get me started on the "Economic Stimulus Package." Basically, congress plans to give you back a grand or so of YOUR OWN (tax) money in the hopes that you consumers will go out and blow it on a widescreen TV, thereby reviving the economy.

Basically, as other folks have said: A currency based on AIR tends to go through cycles. Of course, the solution to this, a gold-based currency is not exactly feasible. But then again, when we give the Federal Reserve unlimited control over our monetary system, we are asking for trouble. Whoever holds the purse strings has the power. :reb:

#60 vitae1234

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Posted 26 January 2008 - 06:54 PM

Have you read "Lucifer's Hammer" by Larry Niven? It's a great read in this vein.

Amazon.com: Lucifer's Hammer: Books: Larry Niven,Jerry Pournelle


Yes, I've read it. :) Very plausible too, as an example of what might happen if society ever came to an end as we know it.




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