Could your family weather a depression?

[WA23]

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You forgot to add the

smiley. We really need a sarcasm icon.

 

[patandchickens]

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Nah, the US dollar has not been worth $3 canadian for a loooong time, believe me.... I am going to guess like 10 years? Maybe longer.

A year ago the US dollar was worth something around $1.20 Canadian; right now it is essentially par (equal).

Which in many ways is hard on the *Canadian* economy too, perversely

I'd say that a person's best bets are a) getting as debt free as possible (hopefully 100%), b) sharpening skills (gardening, cooking, repairing, sewing, etc) and c) living NOW as if things were almost as bad as you fear -- that is, getting used NOW to living a life free of soda pop, new shoes, diverse cleaning products, items bought new instead of secondhand, etc.

Pat

 

[the1much]

5 years ago in maine, we had a BIG advertising thingy going on, on the t.v. ,, there big thing was, your $1.50 (sorry forgot the .50 last time

) is worth $3 here in nova scotia. was the advert. for the "cat ferry" that went from a few miles from my house to nova scotia. ,,, now its our $1 is worth1.07 canadian, and something like .71 euros ( which started lower then the dollar?) its been in a steady decline for over 10 years. and theres only 1 thing that has to happen to put us in a depression ( which was already threatened to happen if we interfered in the russian/ gorgian conflict a few months ago) all that has to happen is russia to call in its loan,, that we owe them, then china will follow.and sad thing is most people dont even know we have "loans" out that HUGE. and even MORE didnt know it was threatened just a few 2 or 3 months ago.

 

[the1much]

money isnt going to mean a thing when "it hits". the value will go back to how it was.gold, silver, pelts," your farm goods". trying to spend a dollar will be like going around the world trying to spend a bag of trash. worthless.and land will be of greatest value,, just like back in the "cowboy days". so people saving "money" is going to be very disappointed.. between our declining dollar,and interest rates, and taxes ( that has ALWAYS gone up) the dollar you squirrel away today, if your lucky will be worth .50 in 10 years.
our money "value" is based on "faith" ,,,, how much "faith" do you have in our government?( the gov. does believe "save the people first, not the gov.",,right??) hehe

 

[the1much]

oh,,,, Patand chickens,,,hehe,,,, is it getting cold up there yet?
( i call my friends in maine almost every week to let them know bout the 90's in the day and 75f at night,,hahaha

)

 

[WA23]

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It's good to know there are others on this board on the same wavelength as me. You must be GIMer also?

 

[Mojo Chick'n]

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You know, I've often thought that if some terrorist wanted to really hurt us Americans, all they would have to do is knock out the poower grid - even if they just hit the East Coast it would take out power all through Michigan and down the Mississippi to the gulf.

Peace -
Meriah

 

[the1much]

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It's good to know there are others on this board on the same wavelength as me. You must be GIMer also?

im jus an old hippie, that doesnt look towards others ( government) save us,someone that wants to do everything i can to make sure my kids can live and eat when they get my age.I dont get into politics, wont even talk to people bout politics,hehe,, and figure in the future, the only people that will "care" bout my family, is friends, and family. I dont d the "math" (hate numbers) and even if i could, wouldnt believe the "math" i believe there are only gonna be 2 things that matter,, our earth to live on, and food for my family.
im simple, not very smart, but will always be "ready" hehe

and i have no idea what a GIMer is,,, so i must not be 1,,haha

 

[the1much]

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You know, I've often thought that if some terrorist wanted to really hurt us Americans, all they would have to do is knock out the poower grid - even if they just hit the East Coast it would take out power all through Michigan and down the Mississippi to the gulf.

Peace -
Meriah

the terrorist are getting us,,, they know the longer and the more wars they cause us to fight, the weaker and weaker we get.
is also why i believe not 1 u.s. dollar should leave the border ( for humanitarian needs and for buying someone in africa a computer) until WE have NO MORE starving children.

 

[MagsC]

I dont like to think that everything is going downhill but to bury my head in the sand isnt going to help either.Sigh.

All anyone can do is hang tight and try to prepare to the best of their ability.