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Dec 6th, 2017
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Joined: Nov 2006
Posts: 19,831 Likes: 180
Carpal Tunnel
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Carpal Tunnel
Joined: Nov 2006
Posts: 19,831 Likes: 180 |
THE SKY IS FALLING!!!!!!!! Quite right. The sky, as we know it, might very well be falling. It's gonna land on you city folks first if it does. Some things do not have historical precedents, this may be one of them. What say you Kap17? Things back to "normal" end of Qtr3, 2009? Or SHTF Scenario sometime next year?
Good coffee, good weed, and time on my hands...
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Joined: Apr 1999
Posts: 6,298
Admin Emeritus old hand
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Admin Emeritus old hand
Joined: Apr 1999
Posts: 6,298 |
THE SKY IS FALLING!!!!!!!! Quite right. The sky, as we know it, might very well be falling. (I am not falling.. I just stumbled a little.  )
SkyHawk
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Joined: Sep 2005
Posts: 12,581
Pooh-Bah
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Pooh-Bah
Joined: Sep 2005
Posts: 12,581 |
I am back to considering defensive strategies on a personal basis, which could begin with purchasing a defensive firearm...
no kidding. Cool. But you may have to wait a bit. I have been in the stores of 3 purveyors of fine arms (well, practical and reliable, anyway:-)) and their inventory was from 1/3 to 2/3 depleted. It was noticable enough to where I asked one of the if they were going out of business. No Way! Sales have been brisk. It is more because of the crew that just crawled back into power in Washington than because of the economic situation. But, if you are prepping for uncertain times, I advise stocking up on a couple of cases of condensed milk and a few jumbo boxes of powerered milk, as well. Your neighbors or others that you may meet may not be as prepared, so the milk product could go a long way in helping them out if they have young'ns of infant to small child size. The gun is insurance that will hopefully go unused. The milk is what we are about.;-) Yours, Issodhos
"When all has been said that can be said, and all has been done that can be done, there will be poetry";-) -- Issodhos
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Joined: Jan 2003
Posts: 6,428 Likes: 1
old hand
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OP
old hand
Joined: Jan 2003
Posts: 6,428 Likes: 1 |
If you found your way to this thread, you might enjoy this link... scroll down to "How a depression unfolds" Good reading.
Life is Good!
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Joined: Dec 2005
Posts: 8,707
veteran
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veteran
Joined: Dec 2005
Posts: 8,707 |
Also informative reading- but off topic, how a financial coup d'Etat unfolds.
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Joined: Jan 2003
Posts: 6,428 Likes: 1
old hand
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OP
old hand
Joined: Jan 2003
Posts: 6,428 Likes: 1 |
... Also informative reading- but off topic, how a financial coup d'Etat unfolds. WOW! Every time I think I learn what the Bad Guys are doing, there's another layer of even more sinister stuff just below. Thanks for the link... I had to read it twice to realize how twisted the mechanisms of the bankers/brokers. Also... in the blogs below the article, was this quote: “I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.” –President Thomas Jefferson, 1802, letter to Treasury Secretary Albert Gallatin
Last edited by itstarted; 02/07/09 12:15 PM.
Life is Good!
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Joined: Jun 2004
Posts: 15,646
Carpal Tunnel
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Carpal Tunnel
Joined: Jun 2004
Posts: 15,646 |
The gun is insurance that will hopefully go unused. The milk is what we are about.  Sometimes you say the darnedest things, iss.
Steve Give us the wisdom to teach our children to love,
to respect and be kind to one another,
so that we may grow with peace in mind.
(Native American prayer)
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Joined: May 2006
Posts: 10,151 Likes: 54
veteran
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veteran
Joined: May 2006
Posts: 10,151 Likes: 54 |
Yep. Kudos, Issodhos.
:bow:
Julia
A 45’s quicker than 409
Betty’s cleaning’ house for the very last time
Betty’s bein’ bad
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Joined: Feb 2006
Posts: 1,004
member
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member
Joined: Feb 2006
Posts: 1,004 |
Hmm... Guns AND butter.
What, no cake?
moderately mirthful,
master of the mixed metaphors
Castigat Ridendo Mores
(laughter succeeds where lecturing fails)
"Those who will risk nothing, risk everything"
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Joined: Jan 2003
Posts: 6,428 Likes: 1
old hand
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OP
old hand
Joined: Jan 2003
Posts: 6,428 Likes: 1 |
The subject of deflation has drifted off the national scene for the moment. Here is a video interview (April 6), with Nouriel Roubini, the one person who has been ahead of events over the past 8 years. It isn't definitive, and there are no world shaking predictions, but I think it may be worthwhile as an overview... a perspective of world events that may influence the economic recovery. It doesn't deal as much with deflation per se, but more with the possible interactions with the world economy. I see at this as framework to measure actual progress. After all, as we look ahead to our own personal finances, it is well to have an idea as to how fast recovery will occur, and whether it may be in 2010, 2013 or even later. Interview On the subject of deflation. I must confess that I am surprised that there has been little evidence of any serious drop in prices thus far. History seem to show that deflation follows behind increasing unemployment, but the most obvious measures... food and necessities, have shown few signs of pricing stress.
Life is Good!
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