Current Economic Sitiuation

[Otto_Weddigen]

Is anyone here planning on stocking up on food or ammunition or planning to do some christmas shopping?

In New Zealand where I live,the media reports that the shops have gone in to Boxing Day sale mode early and its only November and also the building industry in NZ is very quiet since and the architects have been reporting the same thing,so when is it at least we will see the economic sitiuation become better?

[HunterICX]

Same goes here in Spain,
Construction work for houses lay at a halt.
Shops are decorating their windows with ''Super Sale --% off'' about everywhere.

HunterICX

Nothing like this here yet, though Europe is officially in a recession now.

[Konovalov]

It's a recession, big deal. There have been far worse times in our history. I think people (in particular the media) get a little carried away with all this doom and gloom because we have had it so good over the last 5-10 years.

[Skybird]

Originally Posted by Bewolf

Nothing like this here yet, though Europe is officially in a recession now.

Wrong, you can see it in town, although not bright and spectacular in the foreground. But the small signs and hints already are there. Many "rabates" and price reductions. Mood in huge warehouses is depressive.

[Skybird]

Originally Posted by Konovalov

It's a recession, big deal. There have been far worse times in our history. I think people (in particular the media) get a little carried away with all this doom and gloom because we have had it so good over the last 5-10 years.

Yep. Doesn't compare to what people went through in WWII and afterwards. However, social misery comes on silent feet. It escapes the cameras.

[Konovalov]

Read this article in the SMH today.

THE children of the economic boom, generation Y, are about to get a reality wake-up call.

As the Reserve Bank of Australia downgraded its expectations for growth last week and the sharemarket reflected growing fears of a recession, the next 12 months threatens to be a new world for young workers, warn pundits.

Demographer Bernard Salt said an economic downturn will prove a turning point for those aged between 15 and 30 as fewer job options in a contracting economy force them to make compromises for the first time.

This could be the best thing to happen to the generation Y group. They really need a wakeup call considering their I want eveything now mentality be it fancy clothing, electronics, high powered and paying jobs at the age of 18-19 and so on. Hopefully they will wake up and smell the roses that you can't live life forever on loose credit.

I am a generation X guy for the record.

[Schöneboom]

Re the OP's question: yes, I have stocked up on non-perishable food, but not nearly as much as I'd like. I also have a hand-pump water filter that can purify water anywhere. In the event of catastrophe (anarchy & looting), I might choose to flee rather than dig in; my girlfriend owns a flat in Italy, which at least would provide a change of scenery.

From what I've read, what lies ahead is not "just another recession" but the next Great Depression. I don't believe the usual remedies (bailouts, tax & spend, interest rate tweaking) will turn it around. And when times are hard, demagogues come out of the woodwork. The '30s are nothing to be nostalgic about.

I have hinted (at other websites) that we could one day face another civil war, not necessarily over secession like the last one, but for control of the central government, as in the Spanish Civil War. I advised my best friend in Arizona that if he intends to stay for the long term, he better practice shooting. My thinking is, if you own a gun, you must become proficient with it, or else you're just a danger to yourself and others.

Buona fortuna!

[Otto_Weddigen]

From pratically what I seen during the last few weeks,it looks like most economies are getting nuked and there is no stop to it

[Monica Lewinsky]

Originally Posted by Otto_Weddigen

Is anyone here planning on stocking up on food or ammunition?

I prefer the ammo myself over food. The 9 mm clips you see is WELL stocked in our house in the U.S. of A. and leaves a nice large EXIT wound hole on the receiver when greeting him and/or her.






About, 2 weeks ago, someone at 10:30 in the morning stuck a gun to a neighbor's head about 1 block north of me in a town that is claimed to be "crime free" and took their money and purse.

We decided to take out some EXTRA insurance and will greet future unknown, unwanted visitors with this to our town and say "Have a Nice Day, and go about your business somewhere other than here and have enjoyed seeing 9 mm weapons used in home defense":

[Monica Lewinsky]

crap multiple posts

[August]

Is that white tarp from Cabelas?

[subchaser12]

My plan for post appocolyptia is simple. Stock up on nothing. If it hits the fan I'll just go steal guns ammo and food from some gun nut.

People will tell me "yeah I'd like to see you try". Two things though. I don't care how many times you watched your set of war movies, you aren't a warrior because you bought guns. Second, everyone has to sleep sometimes.

[August]

Originally Posted by subchaser12

My plan for post appocolyptia is simple. Stock up on nothing. If it hits the fan I'll just go steal guns ammo and food from some gun nut.

People will tell me "yeah I'd like to see you try". Two things though. I don't care how many times you watched your set of war movies, you aren't a warrior because you bought guns. Second, everyone has to sleep sometimes.

I'm sure that anyone who knows you has already made their own preemptive plans to deal with you.

[subchaser12]

Originally Posted by August

I'm sure that anyone who knows you has already made their own preemptive plans to deal with you.

Nah, I don't know my neighbors. I talk to you all about stuff because I follow the "do not shiit where you sleep" rule.