are you prepped for a recession/depression?

[quadcam79]

Quote:
If everything is rosy feel free to disagree....
RP has nothing to do with it.

 

[CarriBrown]

It's an election year and all of those funky home loans are maturing. People got used to living way over their heads and now that the housing market is down, they can't pull money out of their property to cover their mistakes.
Everyone can blame it on whatever they want, but the fact is that people need to be responsible for their terrible money habits and suck it up.

 

[Dodgegal79]

I'm in Canada and we are doing ok here, but what happens to you guys usually affects us here. Poeple are living to much on credit, and that can lead to a big problem. We are working on being self sufficent here too, and plan on doing that later in life, cause I can't see the world changing much for the better. I think people have to get back to a simpler time.

 

[Alleyoops25]

This time the economy is taking a huge belly flop. As I said before The effects of this arent going to hit everybody immediatly. But as time wears on the harder its going to be. Price of oil goes up, so does the price of living. The bussinesss arent paying out because they are digging in a hole as well, so employees arent making what they are worth. The money keeps getting harder to hold onto when you have to try to stretch it out to pay for food, gas, utilities, and rent or morgages, And health care. I honestly dont think that our problems have started here recently, this is a growing problem from 9/11. And Unforunatley the cost of living isnt going come back down ever again. Not helping either is the money we are lossing to illegal immigrants. They come they work and they send that money back to Mexico. We have so many influences that are choking us all to death. I just hope that people do start seeing the possible problems that we are facing. Yes there are lots of houses on the market. And A huge % of them were bought up after 9/11, because of low interest rates. BUt now they are all forclosing because the people who jumped on this great chance have already felt the effects of the tumbling economy. I pay well over 60 at the pump, it wasnt but three years ago I could feel that car up twice with that amount. I am not a doom sayer and all, but this does raise an eye brow.

 

[Flufnstuffs~FluffySilkies]

I try not to watch sad news,
we have no housing mistake.
BUT
all our bills went up about 200 a month
pay check didn't go up.
:-(

 

[ole-crone]

We have friends who think it is going to be so bad that they have been making cold weather clothing to survive 'when it all goes down'. These people have tents and schoolbuses ready to go live in.

Us - we have some food storage and plan on working this summer getting the woodpile restocked, the rootcellar remodeled and the barn rebuilt. Oh, and keep working on getting my gardening skills up to the point that if I had to I could feed a family. So far, it's a good thing there are still grocery stores.

I think things will get bad and we should know how to be more self sufficient but no reason to dwell on it. If you are as prepared as you think you can be, there is not much else you can do.

 

[PurpleChicken]

Quote:
If everything is rosy feel free to disagree....
RP has nothing to do with it.

Everything in life is never rosy.


Maybe the Ron Paul thing has nothing to do with what you are saying. I just
noticed that most people who are supporting him seem to feel the same way
you do. It's not an insult, it's just an observation.

 

[countyroad1330]

My mother always told me 'Never talk about politics or relgion.' And she's recently added that three letter 's' word to the list for my teen sister's sake.

 

[FarmerDenise]

I'm not too worried about any depression/recession. I've been through some before and I'm still here. We've got our garden, our chickens and our wits. We'll get by. We don't have many expenses and don't live an extravagant life.
We do end up with sticker shock on the rare occasion we go to the grocery store, and then determine to plant more and preserve more.
I've always tried to grow at least some of my own food. Sometimes it is hardly worth it money wise, but it looks like just growing for yourself this year will definitely be worth it.
We also consider the possibility of being without power and actually the only thing that concerns us is that we need power in order to pump the water from the well. I'm sure we'll come up with some alternative.

 

[akyramoto]

I'm not worried about it. but I have had plans to make my home more sustainable for some time. so far I have chickens for fresh eggs, a garden thats about 24' x 60' , and we've just started plans for water reclamation. So far we're using the swimming pool as a giant rain catch during the winter months - also have a well for irrigation. but we have a pump we can move from the well to the pool so we can use that nice free rain water. Works out pretty well so far. although in the summer time the pool will be in use - so wont be pumping water out of it.

i also ride my bike everywhere, i have an xtracycle, which makes it easy for me to ride to the feed store & pick up a 50lb bag of chicken feed, some dog & cat food & ride home using fat not fuel. i love it, people think it's a hassle but the workout makes you feel SOOO good!!