Jump to content
[[Template core/front/custom/_customHeader is throwing an error. This theme may be out of date. Run the support tool in the AdminCP to restore the default theme.]]

So lets say the world economy were to fail.


tbimm
 Share

Recommended Posts

  • Replies 65
  • Created
  • Last Reply

Top Posters In This Topic

(If worse came to worse, I would move my family down to my dad's. He lives out on the country next to a bunch of farmers. I am still in decent enough shape that I could earn my keep (and that of my family) as a farm worker.)

 

And you could pick all the low-hanging fruits and vegetables without getting a sore back from all that bending over.

Link to comment
Share on other sites

Lots of wood. Some fish in our spring-fed pond. We have rocky ground, but my parents across the street have tons of beautiful topsoil that can be farmed. Our neighbor immediately to the north has lots of cattle, plus another pond that I believe has some fish in it. We've seen lots of deer around here over the last year and a half since we moved in. Neighbor across the street has a bunch of ammo (and a few guns). We have a couple of shotguns. Dad has a shotgun and a crappy rifle. I should probably go get a handgun and a good rifle, invest in some ammo, etc.

 

Regardless, whether this lasts 6 days, 6 weeks, 6 months, 6 years or 6 decades, this is all still just temporary.

Link to comment
Share on other sites

We have about 6 months of food storage. My father lives on a lake, and we all know how to fish. We have resources to barter, and one fo the first things we would do is barter for some land to hunt on, though if worse came to worse I wouldn't be above poaching to feed my family. We have members of the family that are very good at gardening, and those gardens could easily be expanded. My BIL owns a rental store and as part of it, also fills propane tanks. So we would have plenty fo fuel. It would be a family effort, but we could make it.

 

Like Jets fan said if there is a world wide depression a war will start, and if we are smart, we won't sit on the sidelines for nearly as long as we did in WWII. A world war would pull us out of a depression. It was WWII that pulled us out of the depression, not FDR's flawed social programs that pulled us out of the depression. All FDR's policies did was give birth to the welfare state that we have now become, and that is some ways is pulling us down today.

Link to comment
Share on other sites

I expected the farming type responses to come from the guys they came from.

That said, what about you city folk? What do you guys see as your survival plan? The cities, in my opinion, are where things would be at there worst.

Link to comment
Share on other sites

I should probably go get and a good rifle, invest in some ammo, etc.

 

A good rifle would be invaluable in this situation. More than one would be better if you plan on leaving the home front to procure food - there should always be at least one around to protect the people and stuff you've taken the time and resources to provide for your family.

 

I expected the farming type responses to come from the guys they came from.

That said, what about you city folk? What do you guys see as your survival plan? The cities, in my opinion, are where things would be at there worst.

 

The cities will indeed be bad. Too many there already depend on handouts. Gangs will become more dangerous because they'll have little cash flow from drugs. They are organized and armed and will simply take what they want from businesses and individuals.

Link to comment
Share on other sites

Is this your illogical over-dramatized way of saying you're sorry to the rest of us that had it right all along?

 

I think it is. :wacko:

No not at all. This question had no political undertones connected to it at all. Just a thought I had last night and wondered where the rest of you were on this is all.

Link to comment
Share on other sites

Man you people are morons.

 

"I'm gonna be ok on my steel-reinforced ranch with my guns and my ammo, and you city people will be dead".

:wacko:

 

People flock to where the jobs are in the time of depression. Cities are where all the work will be, and people will be fine... especially if the vast problems would be coupled with a rise in fuel prices, which there almost certainly would be. How are you going to get from your fortified ranch to where the jobs are?

Link to comment
Share on other sites

Man you people are morons.

 

"I'm gonna be ok on my steel-reinforced ranch with my guns and my ammo, and you city people will be dead".

:wacko:

 

People flock to where the jobs are in the time of depression. Cities are where all the work will be, and people will be fine... especially if the vast problems would be coupled with a rise in fuel prices, which there almost certainly would be. How are you going to get from your fortified ranch to where the jobs are?

Will the people be fine? Will you be fine standing in a bread line and then trying to get the bread home safely? The world is a different place now and a depression will play out differently with our current moral standing.

That is just my opinion of course.

Link to comment
Share on other sites

Will the people be fine? Will you be fine standing in a bread line and then trying to get the bread home safely? The world is a different place now and a depression will play out differently with our current moral standing.

That is just my opinion of course.

 

Right, and all the people gathering guns and preparing to kill their neighbors are on the righteous side of the moral problem in the country?

 

Freaky.

Link to comment
Share on other sites

Right, and all the people gathering guns and preparing to kill their neighbors are on the righteous side of the moral problem in the country?

 

Freaky.

Thats not what I am saying at all. I live in a city where people kill each other because they feel dissed. I can only imagine what it would be like in a survival situation. I think you may be missing the idea, or more loosely, the point of this thread.

Link to comment
Share on other sites

http://www.cnn.com/2008/BUSINESS/10/05/ger...e.ap/index.html

STOCKHOLM, Sweden (AP) -- Governments across Europe scrambled to save failing banks on Sunday, working largely on their own a day after leaders of the continent's four biggest economies called for tighter regulation and coordinated response to the global meltdown.

 

In Berlin, the German government held crisis talks after the collapse of a $48.4 billion bailout of Hypo Real Estate AG, the country's second biggest property lender.

 

German Chancellor Angela Merkel said that Europe's biggest economy would "not allow the distress of one financial institution to distress the entire system."

 

The country's Finance Minister Peer Steinbrueck later said it would guarantee all private savings accounts.

 

Merkel said no citizen should fear for the safety of their savings.

 

In Iceland -- particularly hard-hit by the credit crunch -- government officials and banking chiefs were discussing a possible rescue plan for the country's overstretched commercial banks.

 

Belgian Prime Minister Yves Leterme said he aimed to find a new owner for troubled bank Fortis NV to restore confidence in the company before the opening of markets on Monday. Will the U.S. bailout work?

 

The bank's Dutch operations were nationalized amid fears they could go insolvent.

 

British treasury chief Alistair Darling said that he was ready to take "pretty big steps that we wouldn't take in ordinary times" to help the country in weather the credit crunch.

 

Darling told the BBC that the government, which has provided billions of pounds (dollars) in support to the banking sector, that it was "important to take generalized action as well as being ready to take particular action if you get a particular problem with an individual bank."

 

In the past year the British government has acted to nationalize struggling mortgage lenders Northern Rock and Bradford & Bingley.

 

On Saturday, the leaders of Germany, France, Britain and Italy met to discuss the growing meltdown which has leapfrogged across the Atlantic from the U.S. to Europe, but shied away from the massive $700 billion bailout passed by the U.S. Congress a day earlier that President Bush signed into law.

 

While Europe's four largest economies pledged to coordinate national responses to help banks in distress, their failure to agree an EU-wide plan showcased the divisions in Europe on how to deal with the crisis.

 

France had suggested a multibillion-dollar EU-wide government bailout plan, but backed off after Germany said banks must find their own way out.

 

That was telling, given crisis talks aimed at keeping Hypo Real Estate afloat. The firm said Saturday that the rescue plan had fallen apart after private lenders withdrew support, a key element to the proposal that had already been approved by the EU earlier this week.

 

It was not known if the government, which planned to inject nearly $37.35 billion would raise its stake in the bailout package.

 

In Iceland -- one of the countries most heavily exposed to the credit squeeze -- government officials and banking chiefs were discussing a possible rescue plan for the country's overstretched commercial banks.

 

Icelandic banks expanded rapidly after deregulation of the domestic financial market in the 1990s and now have combined foreign liabilities in excess of $138.34 billion -- dwarfing the tiny country's gross domestic product of $19.37 billion. Video Watch the U.S. debt clock fail to keep up »

 

The government last week took over Iceland's third-largest bank, Glitnir, a decision that prompted major credit ratings agencies to downgrade both Iceland's four major banks and its government credit rating.

 

Looming large was a growing sense that the Federal Reserve and Europe's major central banks were ready to institute emergency cuts to their benchmark interest rates this week.

 

None of the banks, including the European Central Bank and Bank of England, have commented on potential rate hikes or cuts. But analysts believe the Bank of England, which meets this Thursday, will likely lower its rate from 5 percent. The ECB left its rate unchanged at 4.25 percent on Thursday, but opened the door to a rate cut.

 

Robert Brusca, chief economist at the New York-based Fact and Opinion Economics, said that if the ECB does issue such a cut it would a be a sign "that they're really, really scared."

Link to comment
Share on other sites

If the worst should come to pass, I will be glad that I have clung to my guns and religion.

 

Better yet, why don't you ask god to make sure none of this happens. At gunpoint if necessary.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.

×
×
  • Create New...

Important Information