Jim Rogers: Major Crash Ahead

[ColevilleH2S]

I keep my stockpile simple, beer.

[furrowtickler]

A crash may effect most of us but will crush those livin large on borrowed credit based on false equity. Exibit 1 - those in the U.S. that borrowed heavy against inflated house values - IMO. No doubt it may and should happen, just get rid of debt asap, and realize how cycles work. Up-Down, Up-Down , repeat... Has for centries. I agree though this will be exagerated, way too much debt too ignore everywhere.

[freewheat]

Self sufficiency, as Parsley says. We
are farmers, we should grow our own dang
food on the land we already have,
shouldn't we? I see things swinging
back. I mean that growing a few hogs,
chickens, growing a garden: These things
are starting to make economic sense once
again, like they did in the 1950's. But
in realty, I know that these kinds of
farmers are as common as hens teeth
today. The ones who can take care of
themselves will be fine. The ones with
no clue of survival skills, will do
terribly IMO.

And yes, if one believes the Bible at
all, there are far less things to panic
about.

[ALLFARMER]

Well this retiring pope said in his final speech "it
seemed at times if God was asleep" Certainly
surprised me to hear him say that.

[rockpile]

Sounds like Y2K all over again. What if the opposite
was true? That not enough money was being printed in
the past and was replaced by borrowing? What if we
are just catching up on the real value of everything
and now printing earned currency to pay down the
debt?
I don't know - I just like being the contrarian,
swimming against the wave. I agree - stock up on
beer!

[parsley]

In the 30's, there were trains filled with young,
non-violent hungry unemployed men. This
decade, the cities are already full of violent G20,
Idle No More and Leftist haters who have never
worked, and are not prepared to work. Pars

[rockpile]

Pars, you'd better give a closer read to the history
books. BTW, have you stocked up on dried foods as
well? And lot's of warm clothes? And batteries,
lanterns, matches, rope, etc, etc. Oh yeah - lot's of
wine...

[parsley]

I'm a well prepared woman, Rocky. Nothing lost if
the economy booms. Would like to be a neighbor
of freewhat though and milk his cows in return for
farm cream. #negotiate

[freewheat]

Mrs. Parsley, old school folks are so few
and far between, and we have no neighbors
with our mindset which can be frustrating
at times. We could use a few neighbors who
"get" us!

[parsley]

We eat three times a day and sleep for eight A
laden table and a comfortable bed are the two
most important material necessities. Simplicity at
it's finest. And I do have a penchant for farm
cream. #scarce