Current Economic Sitiuation - Page 2

Otto_Weddigen · 11-16-08, 04:42 AM

subchaser12

You do know this is the right time to stock up on weapons and ammo,for me the ideal gun is Karabiner 98K and the Kar98K with the Zeiss scope,ideal for taking sniping and house to house combat,so at this time stocking up on food and ammo or weapons is ideal because once it hits the fan,the price of food will skyrocket.For some reason I enjoy using the Karabiner 98K and I have a Gewehr43 on order from my local gun dealer,once all S**t breaks loose,anyone trying to loot my house is shot,I go for those guns because of the service record

baggygreen · 11-16-08, 09:49 PM

konovalov - I'm a gen Y and I too can't wait to see all the clowns living on borrowed credit begin to feel the pinch. Same goes for the Gen X ers and baby boomers who own countless properties and keep insisting on more and more rent to support themselves with. I must admit though, when the pinch comes the market will be flooded with cheaper options and I'll make the most of that, having scrimped and saved rather than spent for the past however long

As far as stocking up on things - well, I won't purchase a weapon until I own a home myself, and as for food well I won't worry about it - come the apocalypse, everything will still be there, it's just a matter of how to get it!

I will make sure to get myself a shotty tho, that seems to be the only thing good for dealing with post-apocalyptic zombies

fatty · 11-16-08, 10:07 PM

I hear you baggy. I belong to generation Y myself and I am happy to be within months of finishing my undergraduate without a cent of any kind of debt. Itès a shame that weère becoming a rare breed, but Ièll be happy to spend the next few years with my feet up while our peers scramble to face reality!

Quote:

Originally Posted by baggygreen

konovalov - I'm a gen Y and I too can't wait to see all the clowns living on borrowed credit begin to feel the pinch. Same goes for the Gen X ers and baby boomers who own countless properties and keep insisting on more and more rent to support themselves with. I must admit though, when the pinch comes the market will be flooded with cheaper options and I'll make the most of that, having scrimped and saved rather than spent for the past however long

As far as stocking up on things - well, I won't purchase a weapon until I own a home myself, and as for food well I won't worry about it - come the apocalypse, everything will still be there, it's just a matter of how to get it!

I will make sure to get myself a shotty tho, that seems to be the only thing good for dealing with post-apocalyptic zombies

fatty · 11-16-08, 10:45 PM

Unfortunately now my apostrophes are showing up as ès. è è è è

This is a sure sign of the apocalypse; time for gun shopping.

bookworm_020 · 11-17-08, 02:02 AM

Quote:

Originally Posted by Konovalov

Read this article in the SMH today.

Quote:

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.

I'm Gen Xas well and realize that it's our generation thats going to be left holding the can on this one. Just looking at the way the government gave money to people who didn't have a job, or were old, but people like my wife and I got nothing!

Unlike many the debt we have is within our means and we live within our income range. We have savings and have being getting rid of any outstanding debts. We have a homeloan, but we are paying that off at a faster rate than we need to, so we have some breathing space if we need it. Both our jobs are secure (my wife is a law secretary, I'm a librarian, who is about to become a train driver)

So many people around our age have taken on massive debts and there jobs are going to become at risk if the economy is going to go as bad as some predict. I can see alot of bankrupcies in the near future. I do hope that people do wake up and start planning ahead.

I can see a point were it will start costing too much to take care of the babyboomers as they retire, so they will have to fend for themselves

Otto_Weddigen · 07-17-09, 11:32 PM

Even though this thread is quite old,I'll give it a minor bump,has the economy really improved,I don't think so.I was meant to start train driving this week until we were told that lay offs are very possible soon/

11-16-08, 04:42 AM	#16
Otto_Weddigen Bosun Join Date: Oct 2008 Posts: 61 Downloads: 0 Uploads: 0	subchaser12 You do know this is the right time to stock up on weapons and ammo,for me the ideal gun is Karabiner 98K and the Kar98K with the Zeiss scope,ideal for taking sniping and house to house combat,so at this time stocking up on food and ammo or weapons is ideal because once it hits the fan,the price of food will skyrocket.For some reason I enjoy using the Karabiner 98K and I have a Gewehr43 on order from my local gun dealer,once all S*t breaks loose,anyone trying to loot my house is shot,I go for those guns because of the service record Last edited by Otto_Weddigen; 11-16-08 at 04:47 AM.*

11-16-08, 09:49 PM	#17
baggygreen Sea Lord Join Date: Jul 2006 Location: Canberra, ACT, Down Under (really On Top) Posts: 1,880 Downloads: 7 Uploads: 0	konovalov - I'm a gen Y and I too can't wait to see all the clowns living on borrowed credit begin to feel the pinch. Same goes for the Gen X ers and baby boomers who own countless properties and keep insisting on more and more rent to support themselves with. I must admit though, when the pinch comes the market will be flooded with cheaper options and I'll make the most of that, having scrimped and saved rather than spent for the past however long As far as stocking up on things - well, I won't purchase a weapon until I own a home myself, and as for food well I won't worry about it - come the apocalypse, everything will still be there, it's just a matter of how to get it! I will make sure to get myself a shotty tho, that seems to be the only thing good for dealing with post-apocalyptic zombies

11-16-08, 10:45 PM	#19
fatty The Old Man Join Date: Jul 2005 Location: Canada Posts: 1,448 Downloads: 10 Uploads: 0	Unfortunately now my apostrophes are showing up as ès. è è è è This is a sure sign of the apocalypse; time for gun shopping.

07-17-09, 11:32 PM	#21
Otto_Weddigen Bosun Join Date: Oct 2008 Posts: 61 Downloads: 0 Uploads: 0	Even though this thread is quite old,I'll give it a minor bump,has the economy really improved,I don't think so.I was meant to start train driving this week until we were told that lay offs are very possible soon/