Originally Posted by 4thIDvet
Gas is pushing $4.00 a gallon here.
Some are saying five plus by summer.
I dont want too say the sky is falling.
But watching our debt clock and everytime I go too the store.
Damn prices for necessities are going through the damn roof.
Inflation is slowly eating us alive.
Even with cautious spending. No luxeries.
I am watching people struggle too stay above water.
Yes something is going too give and I dont think it is going to be pretty.
Welcome to the "resession" or "depression" depending on how you like your spin control!
Only not as bad as 100 years ago because the GDP is so big that we can't "bottom out"
If it does get worse, I don't think a gun and powder will do much to feed the family. I think that twa has the right idea - stocking up on food! That and paying off your bills. They can't come collect if you are all paid off!
If you are down and out and can't pay the mortgage you aren't going to need guns and powder. Today, in this economy, paying off bills is the number one priority! Do whatever it takes but get yourself "stocked up" financially to weather the storm.
The last time I used my CC was when I swapped it to my credit union to get that "zero financing" for switching, and once that is paid off it is only coming out for emergencies like new tires or something "big" like that.
To be honest once I pay off the CC stuff I should be able to support the family on my income alone. And my job isn't going anywhere. Wife works at a restaraunt which to be honest their business seems to thrive regardless of the economy.