blogs.villagevoice.com — Don't worry about the banks, the crash, or the bailout. Yes, things will getworse. A lot worse. Worse than you ever imagined, probably. But you've been in tough spots before. Remember when you lost your job and went on unemployment for a while? This will be like that, only it will last for years.
Oct 8, 2008 View in Crawl 4
scottmitchellOct 10, 2008
Eh, maybe he's saving his money to buy a house with cash. Prices are still plummeting. Here in SoCal there was a housing division with homes selling for $900-$1.2million at the peak, and now they are going to auction and selling in the $400-$800k range.
spuddufferOct 10, 2008
I hope everyone realizes the magnitude of the danger here, it is possible for a total collapse of our system, anything affecting the fuel supply and storage infrastructure would affect food deliveries, and could in turn have a domino effect, possibly leading to a shutdown of the workplace and the transportation system.Most people only have five to seven days of food available, but it could take months or even years before things started moving again. In the interim panic and starvation would prevail, those with guns will eat, Police protection will be diminished to the point of non existence. Most likely this will NOT happen, but it COULD.
joe8packOct 11, 2008
They will all be crummy dollar theaters during the new depression, probably less depending on the time span that the crater lasts.
Closed AccountOct 12, 2008
get a clue, the s**ts already hitting the fan!
myfreeforumOct 12, 2008
Here are some serious tips to prepare for unemployment. <a class="user" href="http://hubpages.com/hub/Prepare-for-a-Layoff">http://hubpages.com/hub/Prepare-for-a-Layoff</a>
delereOct 12, 2008
Have been doing that stuff all my life...living within my means that is. I only buy nonessentials when I have saved up enough to pay cash. I have no debt other than my modest mortgage. I hate to say it but perhaps this is was the country needs to wake up and fight against incessant advertising. It takes will power, but it sure feels good not to get bills in the mail for things I really didn't need and I can't pay for.Back in the first depression of the 30's people rented out rooms to help pay the mortgage. I wonder if any of the folks with houses bigger than they needed have thought of that possibility to help pay the bills.