The Next Depression?

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I agree, Idon't feel like people are taking in the whole picture here. Even though I've said it in this post, I don't feel like people are taking it in, everything in our lives depends on diesel trucks at this point. Every product and every job. If you have an office job, could your office function without supplies? If you have a manufacturing job can you work without materials? Who is ultimately going to pay for the fuel that has more than doubled that goes into those trucks? As I've said my husband drives one of those trucks. We're concerned about how the price of diesel is going to affect his job. We need a new fuel. What we are doing is not working!

Ethanol made from corn is not the answer. What do cows eat, chickens, pigs?? Are we going to be able to afford food when the cost rises along with our fuel? Thats just not an answer, we are already paying more at the grocery and feed store since corn based ethanol has been introduced.
 
I heard part of the reason gas is so expesive is that there are a lot of investors buying futures in oil.

But the falling value of the dollar is probably a better explanation for why fuel prices are currently rising so fast.

The federal reserve keeps trying to bail out banks and wall street at tax-payer expense. Every time they cut interest rates, the value of our dollar slides. They are forcing the sacrifices upon our backs. We are currently in what is termed "stagflation" -- stalled incomes with inflating cost of living (and here I do mean the REAL cost of living -- food, shelter, fuel). I hope it won't turn into hyper-inflation. I don't want to buy a loaf of bread with a wheelbarrow of dollar bills, like what happened in Germany once upon a time.

Just like the planet has cycles, so does the economy. When you try to stall a recession for several decades, you are going to eventually get hit with a depression. It's all about balance.

The only good thing I see in all of this is that we Americans will be forced to stop buying things made in China, which means global demand for oil will decline.
 
I just found an interesting quote about hyper-inflation in Germany and I thought I would share it, as some here have been talking about the upcoming US elections:

Meanwhile, middle-class people who depended on any sort of fixed income found themselves destitute. They sold furniture, clothing, jewelry and works of art to buy food. Little shops became crowded with such merchandise. Hospitals, literary and art societies, charitable and religious institutions closed down as their funds disappeared.

Then by a mere effort of will, the government stepped in and stabilized the currency overnight.

Throughout the "miracle of the Rentenmark" the depreciation halted in its tracks, business revived, the inflationary spree was ended although, as we shall see, there was a nasty hangover yet to come.

Millions of middle-class Germans--normally the mainstay of a republic--were ruined by the inflation. They became receptive to rabid right wing propaganda and formed a fertile soil for Hitler. Workers who had suffered through the inflation turned, in many cases, to the Communists. The biggest beneficiaries of this enormous redistribution of wealth were feudalistic industrial leaders who distrusted the democracy and who proved willing to deal with Hitler, thinking that they could control him. The democratic parties and the labor unions lost their capital and were weakened. The liberal democratic regime was discredited.​
 
Hi,

My second post here so I thought I would jump in with both feet.

1st. Matthew 24:36 But of that day and hour knoweth no man, no, not the angels of heaven, but my Father only.

End of times? Maybe, but only to the Lord the end is known.

2nd. This feels just like the late 70s.

3rd. I work with my neighbor and we share a similar belief that things will get worse before they get better. I have 5 acres and he has 40. I've got the chickens and am planting a large garden. He is getting cows and will keep a few for us. We each have a well that we can use and propane tanks for emergency heat. He currently has wood as a backup and I'm looking into it as well. We would have milk, beef, eggs, chickens and veggies. If I could afford a wind turbine I would be set for the worst (I believe) and we can rely on each other to get through the tough times.
I'm not thinking Jericho, but a hard recession is the minimum that I personally believe we are in for.

4th. Bio-fuels will get you into trouble with the revenuers for not paying your fuel tax. Use it in your tractors.

5th. The use of corn as a fuel alternative is not necessary. We have a plant that uses wheat straw, switchgrass, milo stubble, out of condition hay, seed hulls and wet distillers dried grains from ethanol plants to make pellets for stoves.
Georgia is working on ethanol fuel from wood chips.
The use of bio-waste would free up the usable part of the crop for human/livestock consumption.

Just my 3.4 cents worth.
 
The use of corn is absolutely not neccesary as Quad, who is quickly becoming one of my heroes, has pointed out. I love the idea of hemp. From what I've been looking at it is one of the easier crops to grow and the by products could be used for many different things. We also would not have to depend on other countries to provide it.
 
see the problem is, the government wont legalize hemp. why would they? they all have their hands in the big gas companies.

Hemp is ideal for so many things
it's one of the most versatile plants known to mankind. Its fibres can be used for textiles and ropes or made into paper. Its seeds are a valuable food rich in unsaturated oils, which can also be used as fuel. Hemp requires few pesticides as it quickly outgrows any weeds

Hemp oil is so versatile that it can be used instead of diesel fuel or you can fry tempura in it. Before petroleum and electric lightbulbs, lamps burning hemp seed oil illuminated homes around the world.

Hemp is used for products as diverse as car dash boards or panels (BMW, Audi, Cadillac) and horse bedding. Hemp fibre has excellent sound proofing qualities and is extremely water resistant. It has many applications in the construction industry where its use helps prevent deforestation. Hemp stalks can be made into plywood and chipboard and hemp hurds are a good insulation material.

Hemp seed was the world's number one wild and domestic bird seed until the 1937 Marijuana prohibition law.

"You can use the oil for salads and cooking and the meal to make flour for cookies, pizza, pasta, bread and pastries. You can even make veggie burgers, buns and cheese all from the Hemp seed! Serious beer lovers think Hemp based beer and ale tastes great and even just roasted seeds with salt are a tasty and nutritious alternative to fried potato chips.

Shelled Hempseeds can be used as snacks (bars and nutballs), for baking (bread, cakes and cookies), sprinkled on salads or granola and added to soups, stews, sauces and dips.

Nut butter can be used as a butter substitute on breads, to make dips and spreads, or to add body to soups and sauces. The ground, shelled seeds (no oil added) are also quite versatile for cooking.

This oil is best for candle-making, varnishes, paints, lubricants, inks, lacquer, sealants, etc. Paint and lacquer manufacturers are especially interested in Hemp oil's ability to act as a good drying agent.

The possibilities for Hemp fabrics are immense. It is likely that they will eventually supersede cotton, linen and polyester in numerous areas. With so many uses and the potential to be produced cheaply."

anyway, sorry to get on a hemp soapbox but it just makes sense. what else is totally natural and has that many uses? nothing.


GF, thanks for the compliment
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At work we are talking more and more of making larger gardens, raising more meat animals for our own use, and trying to spend less and less at the stores. I not only think we may be headed for a depression but, if you look at other things that are going on ...gas prices, companies moving out of the country, illegals coming in the country at an alarming rate, people loosing their homes, a government that is more interested in a war than what is happening to their own people here at home and on and on. I think people can only take so much then you are going to have a war at home....kinda like the civil war except, it will be "the haves" vs. "the have nots". And more and more people are getting closer to the have nots than the haves! I mean the gap between upper class and lower class is getting wider and wider and the middle class is close to extinction!
 
I know alot of folks believe that the Marijuana Prohibition Law was more about outlawing hemp than marijuana. A man I know has a rope made from hemp and its been handed down and used daily by three generations of his family.


KC you bring up another interesting scenario. Our constitution has stood longer than any other, but every empire will one day fall, unfortunately that includes the American one. We have lost the support of nearly the entire world. Look at the value of our dollar. I don't think we have the respect, or admiration of the international community that we did 10, or even 3 years ago.
 
The value of the dollar is not based upon how much the rest of the world does or does not respect our country. It has to do with our own monetary policies here at home.

While I agree with KingsCalls in regard to recent events inciting our revolutionary spirits, be aware that the government is fully prepared to declare martial law (if I remember correctly, laws were passed several years ago to facilitate such a state of affairs). With martial law in place, you can forget about the normal election process and whatever civil rights you believe still exist.

That said, any large entity will have difficulty controling the unhappy masses. This is just a law of nature so far as I can tell.
 

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