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Printable Version of Topic "So let's say the economy falls into a crazy depression"

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---- So let's say the economy falls into a crazy depression (http://www.golivewire.com/forums/peer-yaynsoo-support-a.html)


-- Posted by Permious at 9:52 am on July 7, 2008

The stock market crashes and unemployment is pushing 100%.

What financial tips do LW users have to survive these troubled times?


-- Posted by subway at 9:53 am on July 7, 2008

Rob a bank and smoke some green.


-- Posted by WNLX3 at 9:53 am on July 7, 2008

canada


-- Posted by styX at 9:53 am on July 7, 2008

Sell your body for food stamps.


-- Posted by iimjustbadnews at 9:53 am on July 7, 2008

Locate your long long long long long long great grandfather who probably had a stock in microsoft therefor he was already loaded before the crash. And move with him to another poor country then live rich again there.


-- Posted by gokusk8boy at 9:53 am on July 7, 2008

hustle anything you can. (time to sell my pokemon cards)


-- Posted by HateParents at 9:53 am on July 7, 2008

Quote: from subway at 9:53 am on July 7, 2008


Rob a bank and smoke some green.

then grow more money and green with what you stole.


-- Posted by blitzerdog at 9:54 am on July 7, 2008

I would move to Canada.


-- Posted by MushroomSatsujin at 9:54 am on July 7, 2008

Move to Canada or England. England would be an absolute last resort. I would never want to live there


-- Posted by dragonking at 9:56 am on July 7, 2008

Work with others to make the world a better place where human beings are more important than money, one that is socialist.


-- Posted by redhotchilis64 at 9:57 am on July 7, 2008

Suicide? If shit gets that bad, that's what I'll do.


-- Posted by blitzerdog at 9:57 am on July 7, 2008

Quote: from MushroomSatsujin at 9:54 am on July 7, 2008


Move to Canada or England. England would be an absolute last resort. I would never want to live there

The exchange rate from U.S. dollars to pounds is 2:1.  
Our money would even more worthless if we are in a depression.  
You would go from living okay in the U.S. to a slave in England.


-- Posted by Disposition at 9:58 am on July 7, 2008

That won't happen.
-.-


-- Posted by IceTeaEdwin at 9:59 am on July 7, 2008

100%?!!?  
Form a gang, raze, pillage, steal...the good life.
>->


-- Posted by mikeyp123 at 10:00 am on July 7, 2008

Quote: from MushroomSatsujin at 5:54 pm on July 7, 2008


Move to Canada or England. England would be an absolute last resort. I would never want to live there

Thanks.
But what makes you think you'd be any better off here?...We get fucked even worse while your dollar sinks.


-- Posted by snowfish at 10:01 am on July 7, 2008

I live on a farm and am pretty much set for the revolution. I can be totally 100% off the grid within a week p;roducing all my own electricity with 30 horses, 30 pigs, sheep, cattle, buffalo, a fair arsenal, and enough land to work.


-- Posted by Kysha at 10:01 am on July 7, 2008

worry, curse Ronald Wienland, curse god worry, fish out my end of the world plan...


-- Posted by MushroomSatsujin at 10:01 am on July 7, 2008

Quote: from mikeyp123 at 10:00 am on July 7, 2008


Quote: from MushroomSatsujin at 5:54 pm on July 7, 2008

Move to Canada or England. England would be an absolute last resort. I would never want to live there

Thanks.
But what makes you think you'd be any better off here?...We get fucked even worse while your dollar sinks.


Good point. I wonder how many deserted islands are left...


-- Posted by Wakeupcall at 10:33 am on July 7, 2008

Get a bike. Ride it. Also get a fireplace instead of central heating. Grow your own veg.


-- Posted by Acid World at 5:57 pm on July 7, 2008

100% unemployment?

This wouldn't even be a country anymore. It would just be a huge chunk of the world map with no color or state.

300 million people would just be raving all up and down this bitch.


-- Posted by woodbridgeguy1 at 7:06 pm on July 7, 2008

The US Federal Reserve and the US government would never let it happen, especially not in an election year. However when times are bad history has shown that there are two safe havens for investors: gold and the US dollar. However, I wouldn't advise on buying the US dollar unless there is a global depression.


-- Posted by Crippling Velocity at 7:07 pm on July 7, 2008

Unemployment wouldn't push 100%, that's retarded.


-- Posted by Elm at 9:49 am on July 9, 2008

Quote: from subway at 9:53 am on July 7, 2008


Rob a bank and smoke some green.

Likely to get you shot and just as broke.

1. Make sure you have access to clean water.
2. Stock up on honey (it never goes bad).
3. Get silver and gold as they will retain value (dollars and bank accounts, stocks and bonds will not).
4. Get firearms and ammo.
5. Hopefully you have enough land to grow food  if not find some.
6. If you can't afford land learn some skills that will make you valuable to those that have land.


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