What is Digg?174 Comments
- E9437, on 07/28/2008, -19/+1709 things the we should do to help the economy and reduce gas prices
-get out of this stupid war
-get out of this stupid war
-get out of this stupid war
-get out of this stupid war
-get out of this stupid war
-get out of this stupid war
-get out of this stupid war
-get out of this stupid war
-get out of this stupid war - marx2k, on 07/29/2008, -2/+8610. Learn to enjoy generic brand wet cat food. Great with eggs!
11. Newspaper stuffed into a winter coat makes an amazing insulating layer.
12. Be the first in the evening to claim the park bench nearest the portable *****. Train yourself to use them faster than someone can steal your bench.
13. A half smoked, discarded cigarette is a half un-smoked discarded cigarette!
14. Front porches often have crawl spaces underneath that may be used for days or weeks without detection.
15. At 3 a.m., park ponds make for great bathing spots.
16. Subway tunnels are not the friendliest of places, but do offer shelter from a harsh New York winter.
17. Insects and subway rats contain much protein.
18. A resume scrawled on bathroom stall single-ply recycled toilet paper is still a resume.
19. Recently deceased but yet undiscovered fellow homeless are no longer in need of their meager possessions, but they don't retain them for long. Be quick. - Oea420, on 07/29/2008, -1/+61This is a terrible terrible list.
Switch Careers? Okay, brah.
Let's all search for our dream job in the middle of this horrible economy..... or move on a whim to some magical place from your childhood! Wait a second, let's just get ourselves into MORE DEBT BY BUYING A ***** HOUSE OR PLOT OF LAND MOST PEOPLE CANNOT AFFORD.
This article is a disaster! This guy sounds like a millionaire writing this from his yacht with his fancy satellite internet.. secretly snickering with every line he writes.... because for most average Americans this stupid. - MacBookForMe, on 07/28/2008, -3/+59I like the first one about buying the property, but prices are still falling...and falling...and falling...for how long more?
- ScottMcIntyre, on 07/28/2008, -9/+559 different ways that the consumer can deal with the negative economy in a positive way.
1. Buy foreclosures and invest in real estate
2. Invest in green technology
3. Start a company
4. Switch careers
5. Move somewhere you’ve always wanted to
6. Learn
7. Go on vacation!
8. Get your voice out there
9. Break bad habits & modify your lifestyle - Luke1h7, on 07/29/2008, -0/+41Great advice... if you're not broke.
- TNicholson, on 07/29/2008, -1/+35Almost all of those tips either sounded very risky, wasteful, or assumed that people just had money to spend.
Needless to say, I'm confused. - inactive, on 07/29/2008, -2/+33this article sucks
- idc5, on 07/28/2008, -8/+38Invest in solar technology!
- sirellyn, on 07/28/2008, -8/+37I would nix "Going on Vacation" and add "Save your money." That is, buy long lasting non perishable things. It could be gold and silver, or it could be rice and sugar. Thats up to you, but even when inflation hits if you've stockpiled stuff you will at least have preserved your wealth.
- jcsoc, on 07/29/2008, -0/+29I love these painfully vague lists
- maxyRO, on 07/28/2008, -3/+31stop spending so much on women
- pak314, on 07/29/2008, -1/+27How about make a bad financial decision and then get the tax payers to bail you out?
- piattorney, on 07/28/2008, -5/+27At least I get places faster. Less wanna be gang bangers on the road in their lifted truck and SUV's.
- ajmccoll, on 07/29/2008, -5/+26Interesting read! Enjoyed the post.
- DyceFreak, on 07/29/2008, -3/+23I think 1-5 is like a recipe for disaster... Unless you get really lucky, each one seems like a good way to lose a ton of money, yet holding the horrible economy up at the same time... hate to be a pessimist but...
#1 housing prices are DROPPING, this would be a bad investment right now
#2 green technology does not produce profits like combustable fuels, since they are relatively unlimited. only a boom will help the profits here, which the government doesn't give a ***** cause of this said reason...
#3 starting a company is always a risk, so this depends on the company type and education, as well as depending on the success of every step along the way...
#4 switch careers? sounds like a great idea, if you switch, and CAN switch to the right one. Without proper education good luck getting a better job.
#5 this goes along with #1... seems like some poor encouragement to stimulate a poor housing market
#6 this one is legit, knowledge is power
#7 vacation? spend money?
#8 how far can you go by talking? unless your planning to become a politician...
#9 self improvement is always great, but don't spend too much time on it.. - EthylAdded, on 07/29/2008, -1/+21The push to buy foreclosed homes should not be considered clever, new, exciting, or particularly smart; rather, it's the last dying gasp of real-estate speculative exuberance.
Wait for it to be "common knowledge" that all real-estate is a disastrous investment; that'll be the bottom and a better time to buy. - sirellyn, on 07/28/2008, -2/+20Expect it to be back to normal prices for homes (inflation adjusted) around 2015.
Where do I come up with that number? Check out the video on bubbles.
http://www.chrismartenson.com/bubbles - tastynuggets, on 07/29/2008, -1/+19Start buying stocks that have been irrationally hammered. For example, consider bank stocks like US Bancorp and Wells Fargo - those companies have almost no exposure to bad loans and yet, because of general bad sentiment about the financial sector, they are at bargain prices. Professional investors make most of their money in a bear market!
- afflusso, on 07/29/2008, -1/+18"Buy land. They've stopped making it." - Mark Twain
- Caerbannog, on 07/29/2008, -1/+18Wall Street is littered with the corpses of those who have failed to "time the market".
They don't call it risk for nothin' - brianjlowry, on 07/29/2008, -0/+16classic
- SethEllis, on 07/28/2008, -1/+16"Look for an industry or market with a large number of businesses closing. Are the big competitors shutting down? If so, you’ll have less competition."
I don't think this is very sound advice. If lots of companies are going under in an industry there's probably a good reason for it. If you do the same things they are you're bound to fail as well. - DownIsTheNewUp, on 07/29/2008, -0/+14Too bad all of these require something most people are struggling to have at the moment: money.
- inactive, on 07/29/2008, -0/+135. Move somewhere you’ve always wanted to
A location or town you’ve dreamed about living in might be at its most affordable right now. Seize this window of opportunity to make a big change.
Yea good idea, cus ill get so much from selling my house now, i can afford anything! - algaeturd, on 07/29/2008, -1/+13Honestly, don't take offense to this but the only douche bags saying ***** like that are people who are already so filthy rich that it doesn't matter. The average american is in NO position to make further investments right now because obviously this could go on for a LONG time and potentially get a lot worse. Especially if ol' cotton jowls gets in the White House.
Really? It's an excellent time to make money?
Why didn't the people who are losing their jobs, homes and cars for the past year see that?
Those damn pessimists!
Just because you can turn off reality and make a statement like that doesn't make it so. As a matter of fact, it makes you look kind of dumb and out of touch. No offense, obviously. I'm just stating the obvious. - inactive, on 07/29/2008, -2/+14Sell the gold you bought when the economy was good 10 years ago.
- mongoh8fire, on 07/29/2008, -0/+12Thanks for the advice, Cheney. You also forgot 10. Buy oil futures 11. Start a war 12. Hire Halliburton to do a ***** job of rebuilding stuff for everyone while you reap the profits.
- algaeturd, on 07/29/2008, -11/+23buried for using the word 'terrible' in quotes.
Think that's a matter of opinion as to whether or not it's terrible? Ask your fellow Americans who have lost jobs and homes. It's pretty terrible for them (no quotes involved).
As if it's a 'so-called' recession and not a full blown recession.
Ironic that very few politicians will publicly admit to this being a recession but everyone is willing to exchange ideas on how to 'survive' it. Wouldn't that be great to avoid 'losing your home?'
Besides that, almost all of these ideas clearly hinge on the idea that you've got tons of money and you're not being conservative. NOBODY KNOWS HOW LONG THIS WILL LAST.
It would be RETARDED to spend savings on a vacation right now since we don't know where this will end. Same with real estate. The only people buying real estate are FILTHY rich people who can afford to spend hundreds of thousands and not worry about a return on that investment for at least 30 years.
Everyone is hanging tight right now...some of these suggestions are 100% off the mark in an economy like ours. - ironeus, on 08/01/2008, -4/+15I started riding my bike to the office and in rush hour traffic I pass the cars on road. At least the tactic works part of the year here in Michigan.
- inactive, on 07/28/2008, -0/+11I prefer to spend nothing at all.
- Chiwawa, on 07/29/2008, -0/+10Yeah I thought the same thing, sounded like some rich guy trying to clear his guilty conscience. Hey, now people don't have any reasons to complain, I told them what to do! Now watch this drive.
- algaeturd, on 07/29/2008, -1/+11Is your new baby boy a dog? Like you bought a dog house?
That may be the only sound investment in housing right now. - Hax0rJimDuggan, on 07/29/2008, -1/+10This article tastes like ass.
- ModernGeek, on 07/29/2008, -2/+11I think the point of this site is to click the "Digg" button when you enjoyed something, and use the comment section to discuss the article at hand. I may be wrong though.
- mediaspree, on 07/29/2008, -0/+8I have noticed a drastic decrease in traffic. Thank you ***** economy!
- huskerdude, on 07/29/2008, -1/+9Hey good ideas. Quit your job and move to a new place when nobody's hiring, nobody's lending, and rentals are getting tighter because of all the people who recently lost their houses!
- haikuFU, on 07/29/2008, -0/+7Buy ammo, antibiotics, booze, and smokes.
- jawagas, on 07/29/2008, -1/+8Its true, with a names like AlgaeTurd (AWESOME!!!) the market for desperate women is getting harsh.
- ICNH, on 07/29/2008, -0/+7Ridiculous. That article basically says, "The economy sucks. But not for you!" It assumes you have the money/capital to go on a vacation, start your own business, or buy property. People wouldn't be whining so much if this recession wasn't a big deal, affecting millions of Americans. Ergo, it is. This article applies to a select few.
Some things like investing in green energy companies I can see happening - you can put a few dollars down and get some back relatively quickly. But not many people want to shell out a couple hundred thousand dollars in something that might not work, hoping it will. - inactive, on 07/29/2008, -2/+9I wish I could digg you twice - both of you!
- mu0p, on 07/29/2008, -0/+7Im with dyceFreak here.
This list is a joke. My biggest problem is
Go on vacation! Spend Money!
I was supposed to be back to japan this summer, ticket $1600.
When i went in the summer of 06 and 07 my ticket was $687
theres no way in hell im paying an extra $1000 for a ticket. - br1antt, on 07/29/2008, -0/+7If only the majority of people can actually just switch jobs, go back to school and have enough money to invest into real estate, thanks for the super idealistic (not in touch with reality) ways to take advantage of this economy.
- smileylich, on 07/29/2008, -0/+7If I could do half the stuff on this list, I wouldn't *care* if the economy sucked, I'd be set already.
- randumbusername, on 07/29/2008, -0/+7id hold out a little longer.
- swicklund, on 07/29/2008, -0/+6Now that's good advice!
- inactive, on 07/29/2008, -6/+1210. Get on welfare.
- Fathom, on 07/29/2008, -0/+6or:
"Many people are skipping vacations because prices aren’t affordable for them. But you shouldn’t let that hold you back."
you're right, who ever let not having the money keep them from buying something? yay credit card debit! - inactive, on 07/29/2008, -5/+10Actually, quite a few people who aren't filthy rich are purchasing real estate. People are still going on vacations, the world is still spinning, and life is going on.
America is just having to adapt to prices at the pump being so high - but it's about time that this kind of thing shook our foundations to start looking for alternate energy sources.
Your attitude signifies that you don't really have a firm grasp of the terms you're using. Having to save your money because you're desperately trying to make it is the sign of a depression, not a recession.
Yes, people have lost their homes. Lots of these cases are specific in that Americans are more than willing to go into debt even when they can't afford it, an anomaly for most other countries in the world. In most cases, it's bad money management skills and not being able to afford the homes they purchased. People lose jobs all the time - but you don't often hear about jobs being created. If you focus your energy solely on the negative, then your outlook will be much like it is now - that there is no end in sight and we're all doomed.
Stop perpetuating the "sky is falling" routine. Try to relax and enjoy your life. But your response to this scenario and to the economy is the equivalent of people telling others, because a few banks have failed (even though more were shut down in 2002, about double), to run out and withdraw their money or they'll lose it. It's sensationalism that is unwarranted and typically a result of a misunderstanding of the economy. - Fullvinyl, on 07/29/2008, -2/+7I'm sorry, but my wife and I have been saving specifically for our honeymoon for almost a year and a half now, and we leave in a month. There's no ***** way we're turning back because of a big, bad recession. We just happen to have untouched "rainy day" savings elsewhere as well. Vacations are still possible in the current economic situation if they're planned and paid well in advance, but people shouldn't just take a holiday because everyone else is too goddamn poor. That's ***** stupid.
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