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Anyone else feel that economic meltdown is on it's way?
on it's way
It started a while ago.
Nope. times will be difficult and made worse by the idiots in charge but meltdown? Nope
i remember writing something similar on here back in 2007.... said that the construction industry was slowing down, the banks were pulling in thier belts and that the economy was going to hit a bollard.
was called a doom monger and such like.
but i was right.... (unfortunately).
Narp cuz I won ver lottery wen I was 26 ennit 😆
It's strange, the company I work for is booming and desperate to recruit, work all over the world in an area with high unemployment and a seemingly endless stream of useless interviewees.
My thoughts are turning to being prepared for a collapse. Priorities being, food, water, shelter.... Self sufficiency.
I may well be on the verge of my own collapse, but my instinct is telling me to get prepared. If it happens, my family are in with a chance. If I doesn't, then no problem.
This evening's reading http://theeconomiccollapseblog.com/
Narp cuz I won ver lottery wen I was 26 ennit
When the banks collapse everyone's money will go with them. Start stashing the gold 😉
Meltdown's a bit emotive. But personally I do reckon our current system of the world's pretty well screwed. It can probably limp on for a long time though but with 2 crippling factors- 1, that the people on top are most interested in keeping themselves on top and 2, that they don't actually have much of a clue how to do that.
My own forecast is that we carry in in the current rut, dedicating more and more energy into trying to preserve the status quo rather than trying to work out a better option. And that this will ultimately be futile, but that in the attempt we'll fail to look forward and design a new approach. Eventually we'll end up with an uncontrolled collapse rather than a managed shift.
Start stashing the gold
No, stash bike components so that you can still ride when the bike shops and postal service fail 😉
When the banks collapse everyone's money will go with them. Start stashing the gold
It's all stuffed inside my fleet of 172 Lynskeys 😉
The only meltdown I'm experiencing is more orders and tenders than we can keep up with.
"Anyone else feel that economic meltdown is on it's way? "
Yes, Steve Keen says....
http://www.scottishtimes.com/uk_economy_faces_lehman_type_crisis_says_leading_economist