Author Topic: Personal worry about economy?  (Read 1987 times)

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Offline Marlelar

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Personal worry about economy?
« on: August 06, 2017, 06:26:23 PM »
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  • Are you personally any more worried about the economy now than you were a year ago?  2 years ago?  5 years ago?

    Although I haven't kept a log, I know I have been hearing about the coming "crash" on a regular basis for at least the last 30 years so I'm no more worried now than I was 25 years ago.  We live a financially conservative life, live on less than we earn, save, have food storage, invest in tangible assets and do not practice retail therapy so I think we will ride out an economic storm fairly well providing the electrical grid stays up.

    Grid down, water off, mad max, we're toast.

    Offline JezusDeKoning

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    Re: Personal worry about economy?
    « Reply #1 on: August 06, 2017, 06:42:14 PM »
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  • The Dow Jones was at 22,000 (which would be ghastly if it crashes) and Congress has to vote soon on a debt ceiling increase, which could result in a world superpower defaulting.

    So yes, be very afraid.
    "Non est Iudaeus neque Graecus non est servus neque liber non est masculus neque femina omnes enim vos unum estis in Christo Iesus."

    St. Paul's Letter to the Galatians, iii.xviii


    Offline Pax Vobis

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    Re: Personal worry about economy?
    « Reply #2 on: August 06, 2017, 10:00:44 PM »
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  • The predictions of the economy crashing for the last 30 years have all been accurate, if you measure them against the normal way the economy works.  The warning signs have not disappeared, they've just multiplied, because the elitists have found ways to continually prop up the system until they're ready to let the dam break.  It will eventually happen.  

    Offline Marlelar

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    Re: Personal worry about economy?
    « Reply #3 on: August 08, 2017, 12:38:10 PM »
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  • If you are truly WORRIED about a future crash (as opposed to just accepting that one is coming), what are you doing to prepare? How will you ride it out?  

    Offline Pax Vobis

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    Re: Personal worry about economy?
    « Reply #4 on: August 08, 2017, 12:48:02 PM »
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  • "Pray as if it all depends on God; work as if it all depends on yourself."

    Google:  "Prepping for shtf" and you will find more information that you could possibly read on how to prepare.


    Offline Pax Vobis

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    Re: Personal worry about economy?
    « Reply #5 on: August 08, 2017, 01:15:00 PM »
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  • Beginning Prepping:
    1.  Monetary - have 1 month expenses in cash, at your house.
    2.  Food/water - have 1 months supply of food and water
    3.  Heat - begin to think about an alternative heat source
    4.  Lighting - have some solar lights you can bring into the house, or a few oil lamps
    5.  Cooking - get a few alcohol stoves, for cooking
    6.  Car - make list of items needed for an emergency car kit
    7.  Misc - start gathering extra soap, hygiene items, blankets, ammo, etc

    Intermediate:
    1.  Monetary - have 2-3 months expenses in cash.  Buy some silver/gold coins to hedge against inflation.
    2.  Food/water - have 3-6 months supply of food; begin collecting rain water in barrels and store water in basement.
    3.  Heat - get a wood stove
    4.  Lighting - have oil lamps with a supply of lamp fuel
    5.  Cooking - have an alcohol stove, with fuel and an outdoor firepit, with cast iron pans you can cook with
    6.  Car - have an emergency car kit in the trunk
    7.  Misc - have 1-3 months supply of extra soap, hygiene items, blankets, ammo etc.

    Advanced:
    1.  Monetary - have 3-4 months expenses in cash.  Have a good amount of gold/silver.  Limit exposure in the stock market to 0%, if possible.
    2.  Food/water - have 1-2 YEARS supply of food and water collection/storage/filter system
    3.  Heat - get a wood stove with supply of wood
    4.  Lighting - have oil lamps with a supply of lamp fuel.  Have solar lighting, with solar panels at home.
    5.  Cooking - have an alcohol stove, firepit, solar stove.
    6.  Car - have an emergency car kit in the trunk.  Maybe store some gasoline.
    7.  Misc - have 6-12 months supply of extra soap, hygiene items, blankets, etc.

    Expert:
    ?  Only limited by your imagination.

    Offline Croix de Fer

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    Re: Personal worry about economy?
    « Reply #6 on: September 11, 2017, 09:05:55 PM »
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  • Are you personally any more worried about the economy now than you were a year ago?  2 years ago?  5 years ago?

    Although I haven't kept a log, I know I have been hearing about the coming "crash" on a regular basis for at least the last 30 years so I'm no more worried now than I was 25 years ago.  We live a financially conservative life, live on less than we earn, save, have food storage, invest in tangible assets and do not practice retail therapy so I think we will ride out an economic storm fairly well providing the electrical grid stays up.

    Grid down, water off, mad max, we're toast.

    Interview last week. Check out 27:00 to the end (or watch all of it - worth it)


    Blessed be the Lord my God, who teacheth my hands to fight, and my fingers to war. ~ Psalms 143:1 (Douay-Rheims)

    Offline Ascetik

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    Re: Personal worry about economy?
    « Reply #7 on: September 18, 2017, 02:47:55 PM »
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  • shtfplan.com is a good site (the comments section is toxic though)

    survivalistboards.com as well, but there are a lot of prots on there, so be aware.

    survivalblog.com is good too, but keep in mind James Rawles the guy who runs it is very anti-Catholic


     

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