tag:blogger.com,1999:blog-18675105.post5485497967148325060..comments2023-12-30T10:06:37.450+00:00Comments on HousingPANIC - The Housing Bubble Blog with an Attitude Problem, 2005 - 2008: HousingPANIC Stupid Question of the Daybloggerhttp://www.blogger.com/profile/06585266242070350399noreply@blogger.comBlogger35125tag:blogger.com,1999:blog-18675105.post-20490844131323979052008-09-20T18:24:00.000+01:002008-09-20T18:24:00.000+01:00I have a chronic illness...so honestly...not that ...I have a chronic illness...so honestly...not that long.<BR/><BR/>Not that it matters worth shit anyways in this mess.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-63092396248813730692008-09-19T07:46:00.000+01:002008-09-19T07:46:00.000+01:00I have three passports, property overseas, and mon...I have three passports, property overseas, and money stashed in different currencies. I can move to anywhere in the EU and other Latin countries. And I can also jump on my boat with my bug-out bag to reach the Caribbean, if things suddenly get really hot around the corner.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-61062591774705038252008-09-18T22:19:00.000+01:002008-09-18T22:19:00.000+01:00Once Obama takes over we will all live in re-educa...Once Obama takes over we will all live in re-education camps for 3-4 years. No need for money.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-23699601156023158012008-09-18T18:28:00.000+01:002008-09-18T18:28:00.000+01:00We are the biggest economy on earth! We are number...<I>We are the biggest economy on earth! We are number one!</I><BR/><BR/>EU economy is larger than the US.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-84433222616860209322008-09-18T17:38:00.000+01:002008-09-18T17:38:00.000+01:00"You better run fast with your brand new MacBooks ..."You better run fast with your brand new MacBooks and <B>organic</B> granola bars, sissy boys from CA and WA, because real men are going to kick your arses."<BR/><BR/>Organic is actually the way to go. I moonlight as a commodities buyer and I can tell you that Urea has doubled since January. Urea is used to fertilize non-organic crops and is made almost entirely out of natural gas. If natural gas goes up so does Urea and other chemical fertilizers. Non-organic farming will be very difficult without inexpenisive chemicals.Formosanhttps://www.blogger.com/profile/11517908284207910183noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-14662769565912655642008-09-18T16:55:00.000+01:002008-09-18T16:55:00.000+01:00I guess it sucks to be working class in this count...I guess it sucks to be working class in this country - I could last a month, maybe two.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-61671218180205447382008-09-18T01:00:00.000+01:002008-09-18T01:00:00.000+01:00Well, with as much ammo as I have for hunting, I c...Well, with as much ammo as I have for hunting, I could live for years on deer and turkey. I also have about 2 months worth of freeze-dried food for backup if I can't find any animals to hunt.<BR/><BR/>Survival would not be easy, though. Because everyone else would be hungry, too. And they would be willing to steal or kill someone to get food. That's when the firearm becomes more than just a tool for hunting. And it's never a pleasant sight once the bullets fly towards non-animal targets. I hope it doesn't get to that point-I really hope not.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-49160245517761474872008-09-17T23:34:00.000+01:002008-09-17T23:34:00.000+01:00“Starting today, if you had no access to a job or ...“Starting today, if you had no access to a job or income, how long could you go before you were homeless and digging through trashcans for your next meal?<BR/><BR/>- Given that our house - which sits on 2½ acres - is paid off, we would have to first burn through all of our savings and sell all of our sellable assets. Also, given our parsimonious spending habits we are talking 10 years minimum.<BR/><BR/>(Of course, all bets are off if hyperinflation occurs.)<BR/>- - - <BR/>“Bonus question: Assuming the US has defaulted on its debt and/or the value of its currency has been destroyed, what's your answer?”<BR/><BR/>- In this case, we would NEVER become homeless because there would be no place to go. And the <BR/>2½ adjacent acres, which we bought in January, would effectively become ours as well.<BR/><BR/> We would most likely partner with neighbors – since we would all be in the same boat – and pool/share our skills. Those who are good at hunting & fishing would provide security & meat while we would provide farming/gardening knowledge to provide fruit, nuts and vegetables, as well as construction skills.<BR/><BR/>-MammothMammothhttps://www.blogger.com/profile/15331079890390629462noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-74768493874983280252008-09-17T22:51:00.000+01:002008-09-17T22:51:00.000+01:00What is it about crises that brings the psychos ou...What is it about crises that brings the psychos out of the woodwork?<BR/><BR/>If anything, the Gen Y-ers and Gen X-ers are going to be the best off of anyone. They're still young and healthy for the most part.<BR/><BR/>It's going to be all the Boomers and tweeners bitching about the lazy kids who are going to get eaten alive. They're aging and nobody's going to give a shit about their welfare if anarchy arrives -- they're going to be the ones blamed for the collapse since it was their greedy, immoral and irresponsible generation that was running the country at the time the whole thing blew up.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-15286301183348990212008-09-17T22:15:00.000+01:002008-09-17T22:15:00.000+01:00hmmm, only about five months. But I am good at st...hmmm, only about five months. But I am good at starting businesses. I would probably start catering to those who still had jobs. I also would do what poor people do in other countries: move in with family! 8 or 9 people to 3 bedrooms.Formosanhttps://www.blogger.com/profile/11517908284207910183noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-74545393781197350072008-09-17T20:19:00.000+01:002008-09-17T20:19:00.000+01:00You should have learned how to hunt, like Palin. B...You should have learned how to hunt, like Palin. But since being a pu$$y is is the new trend these days, in which grown men pay $400 for a haircut and $120 for designer jeans...America wants to become a nation of sissies with the help of all those Gen Y-ner idiots that will be hunted like dogs if this country goes really down. You better run fast with your brand new MacBooks and organic granola bars, sissy boys from CA and WA, because real men are going to kick your arses.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-65964322198080067572008-09-17T18:29:00.000+01:002008-09-17T18:29:00.000+01:00I expected a terrorist attack on the US and that h...I expected a terrorist attack on the US and that happened in Yemen today. I fully expect Al-Quaida to ramp-up their operations globally.<BR/><BR/>Also, when Wall Street fails and money becomes valueless, exactly who is going to force anyone out of their homes?<BR/><BR/>I expect anarychy, rioting, and mob-mentatlity to take place. If this occurs on a wide-scale exactly who is going to be around to defend anyone? With this kind of atmosphere those who are paid to protect and serve will be busy protecting their families and land if there's enough of a panic.<BR/> <BR/>Expect failures with your utilities as well. Who will be working to provide you with these services when they're also busy at home protecting their best interests.<BR/><BR/>In order to survive, Americans will migrate to the rural areas with moderate weather, away from the mobs of the cities and suburbs. This will enable them more food to forage and safety, at least for a while.<BR/><BR/>In the months ahead, while all this is going on Mexico will increase it's border with the US, taking land of some southern states. Alaska will once again be taken by Russia for it's precious oil. China with it's massive army will invade from the west and seize land up to the Mississippi river. The eastern states will be safe for a while.<BR/><BR/>Anyway, to answer the question....<BR/><BR/>You will last as long as your health, luck and ammo hold out.<BR/><BR/>GLYTEAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-49013032058476433932008-09-17T18:07:00.000+01:002008-09-17T18:07:00.000+01:00If I was left with the contents of my checking acc...If I was left with the contents of my checking account, as is? <BR/><BR/>I'd probably do what <I>one7thfarmer</I> does, get out of the cities and work for a farmer and/or obtain my own land. The city is not the place to be when you're poor.<BR/><BR/>I've worked on farms before, and have lived in enough poor countries to be no stranger to candlelight and drawing water from a well by hand.<BR/><BR/>As for trashcan mining - don't bother with domestic trash, head for the supermarket dumpsters.<BR/> <BR/>Word has it that Trader Joes has the best and freshest 'trash' as they're much better at clearing their 'past sell-by date' produce than other chains.<BR/><BR/>And, if you're lucky enough to be in the UK, a lot of supermarkets actually give away their 'slightly used' produce to charities anyway. <BR/><BR/>I had a nice gig while a student volunteering for a Youth Organization in southeast London a few hours a week, where one of the perks of the job was the daily bag of groceries from the local Marks and Spencer with perfectly good, but unsellable, food on their hands.<BR/><BR/>Thanks M & S - you fed me and you fed me well :-)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-73708311559748452602008-09-17T17:42:00.000+01:002008-09-17T17:42:00.000+01:00I always love these threads. A bunch of kids livin...I always love these threads. A bunch of kids living in mommy's basement thinking it takes $1K a year to survive.<BR/><BR/>Show me a garage or barn packed with enough canned/dehydrated food and bottled potable water for a family of four for two years, commandos, and you will have shown me the local nutcase's place.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-91898815039590986622008-09-17T17:25:00.000+01:002008-09-17T17:25:00.000+01:007 years selling gold7 years selling goldPrzemohttps://www.blogger.com/profile/11228615056896699379noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-31465354510601740732008-09-17T17:05:00.000+01:002008-09-17T17:05:00.000+01:00I have $300,000 in cash/gold/forex from my house s...I have $300,000 in cash/gold/forex from my house sale, so it would be a while.<BR/><BR/>BUT, the REAL question is, not "what if I didn't have a job/income", but "what if I couldn't get access to the money I already have?"!!!!<BR/><BR/>To wit:<BR/><BR/>http://tinyurl.com/6ovfen<BR/><BR/>"Money market fund suffers massive losses, "breaks the buck", suspends redemptions. Only the second time in history this has happened."<BR/><BR/>Holy crap! NOW things are getting interesting!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-8037324947523029512008-09-17T17:02:00.000+01:002008-09-17T17:02:00.000+01:00Anonymous said... Keith, even if the U.S. defaults...Anonymous said... <BR/>Keith, even if the U.S. defaults on their debt, so what? We are the biggest economy on earth! We are number one! People just hate us because we are number one in everything.<BR/><BR/><BR/>Ed can you eat the poster of the above comment first.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-52697468237704660602008-09-17T16:58:00.000+01:002008-09-17T16:58:00.000+01:00BB. I am lucky to be in the same boat as you. My...BB. I am lucky to be in the same boat as you. My family is successful farmers. We have wells with clean water, plenty of food, ammo, shelter. We are great at bussiness but one thing we know is how to produce for ourselves. We are educated and are proficient in our thechnological world but we are damn good at picking up a shovel and getting dirty. We can work the land and survive and live a very nice life off what we can produce for ourselves. I will survive a long time. I may may lose some finer things but but I wil be ok. <BR/><BR/>I am not religous to be clear before my next statement. I do want to be clear that we are a nation of people that are only in good spirits and mental conditions when we are attatched to money and greed. Our "entitlement" needs to be smashed. Find some inner peace that works for you. Learn to cherish family, learn to cherish the basic fundamentals of being human. Learn to be thankful for the basics and stop taking them for granted. People with good attitudes and those who are grateful are the ones who are rich not those with the most money and the sense of entitlement.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-57284243812611618302008-09-17T16:32:00.000+01:002008-09-17T16:32:00.000+01:00In my town, you would have to get in line. There a...In my town, you would have to get in line. There are at least 3 sets of people who rifle through the garbage every week.<BR/><BR/>There are homeless people sleeping at bus stops but no loose aluminum cans for a 100 wile radius...<BR/><BR/>This IS Silicon Valley Today.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-62637834645068456612008-09-17T15:34:00.000+01:002008-09-17T15:34:00.000+01:00Three years, but I will have gone through my entir...Three years, but I will have gone through my entire nest egg...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-12202150726384206722008-09-17T15:27:00.000+01:002008-09-17T15:27:00.000+01:003-4 years3-4 yearsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-28667613814424546622008-09-17T15:15:00.000+01:002008-09-17T15:15:00.000+01:00Keith, even if the U.S. defaults on their debt, so...Keith, even if the U.S. defaults on their debt, so what? We are the biggest economy on earth! We are number one! People just hate us because we are number one in everything.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-7971409829582017162008-09-17T15:14:00.000+01:002008-09-17T15:14:00.000+01:00.Forgetting banks/401ks/etc:10-years worth of ammo....<BR/><BR/>Forgetting banks/401ks/etc:<BR/><BR/>10-years worth of ammo (easy)<BR/><BR/>2-years of cash reserves in fireproof gun safe<BR/><BR/>2-years of gold/silver reserves in fireproof gun safe<BR/><BR/>2-years of food canned and dried in the basement at all times in constant rotation / replenishment<BR/><BR/>Plenty of hunting/fishing/gardening skills and experience to make it from there, even if I had to live out of a back pack / tent in the wilderness after selling / trading most physical assets.<BR/><BR/>I'd think twice REALLY hard if I were you before doing this:<BR/><BR/> "then off to the farm/ranch country to hunt cows and sheep and goats ... and to shoot pesky farmers/ranchers if they get in the way."<BR/><BR/>Folks out here are a little more keen that most give them credit. You'd quickly find yourself as the hunted long before you ever fired a shot, and you'd probably be fed to the dogs and chickens afterward.<BR/><BR/>If you're not already a part of farm/ranch country -you won't be welcome when the panic hits. <BR/><BR/>Stay in the city boy.<BR/><BR/>Trust me on that one.<BR/><BR/>.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-86992940702803249962008-09-17T15:12:00.000+01:002008-09-17T15:12:00.000+01:00It could be never. Net cash could easily last 15-2...It could be never. <BR/>Net cash could easily last 15-20 years on a low budget. <BR/>I own my travel trailer and vehicles (and guns) outright. So I would always have a mobile roof with ammenities over my head.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-63073723220792509032008-09-17T14:28:00.000+01:002008-09-17T14:28:00.000+01:00Hard to say. My houses are paid up, but the renta...Hard to say. My houses are paid up, but the rental one may well be confiscated by a predatory government should things turn really sour. (Though I could probably install one of my kids in it.) I have no debt and have a years worth of food stored up. I have some physical metal. I am seriously considering buying a farm with what's left of the money I removed from my 401K (taxes and penalties all paid up) but the trick is, I first need to learn how to farm. I'm really just at the backyard garden stage right now.Anonymousnoreply@blogger.com