Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Are you ready for the Great Depression of 2008?

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
Middle finga Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-06-08 02:59 PM
Original message
Are you ready for the Great Depression of 2008?
Are you ready for the upcoming Great Depression of 2008? If not, I advise you to start preparing for it because it is coming folks. Leon Fisher over at Unknown News has the perfect solution that will help you through the upcoming economic calamity that this country is facing. He writes the following:

Ladies and Gentlemen, it gives me great pleasure to bring you a revolutionary new product, the Great Depression of '08 Survival Kit, from the same folks who gave your grandparents the Great Depression of 1929.

A consortium of prestigious Wall Street investment firms with decades of experience between them, the Great Depression of '08 Company offers the support and enthusiasm of our wonderful, caring, representatives in Washington DC. We have come together to offer you a once in a lifetime opportunity to invest in your future. Do not hesitate to take advantage of this great offer, as every passing day brings our blessed Nation closer and closer to economic ruin.


Do not get caught short like the folks back in '29, be ready when your job goes overseas, when the bank forecloses on your home, and repossesses your SUV. No reason for concern, simply break out your Great Depression of '08 Survival Kit and put your mind to rest.

The Great Depression of '08 Survival kit contains everything a penniless, homeless, out of work American family will need to cope with the ravages of economic deprivation. The centerpiece of the Kit contains a high quality, made in China topless 55 gallon drum, perfect for burning most combustible materials quickly and efficiently, keeping you, your family, and your neighbors warm even on the coldest nights.

But that's not all, the Great Depression of '08 Kit also includes a pair of tough brown workman's gloves, the fingers of which having already been removed saving you the time and trouble to concentrate on begging and scrounging for food. And that's not all. folks, the Great Depression of '08 Kit also contains luxury living quarters, nothing less than a spacious heavy duty cardboard refrigerator carton, top notch shelter for you and your family.

Just think of it, the Great Depression of '08 deluxe refrigerator carton will not only keep you and yours dry, but will bring all your family members closer together, just like the old days.

Wait a minute, there is much more! The Great Depression of '08 Company has thought of everything. We at Great Depression of '08 understand that there will be moments of doubt and pain during these uncertain times, so we have thoughtfully provided a bottle of muscatel, along with a handy brown paper carrying bag in the deal, free of charge. And, as the owner of the prestigious Great Depression of '08 Survival Kit, not only will you be surviving in style, but will be the envy of your less fortunate fellow citizens living under bridges or down by the river, who foolishly passed up this wonderful once in a lifetime offer.

And if you act now, we'll throw in a refurbished shopping cart with original chrome finish, plus a list of all the local soup kitchens and charitable organizations in your area. Unbelievable!

So call our special toll free number now, 1800-NWO-4-YOU. Our operators are standing by to take your order. Cash or money order only! Sorry, no haggling!
Printer Friendly | Permalink |  | Top
bluerum Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-06-08 03:03 PM
Response to Original message
1. Not funny - I volunteer at our towns food pantry. It has been getting busier
Edited on Sun Jan-06-08 03:04 PM by bluerum
and busier since I started about two years ago. The economic downturn has started and many are already affected.

I often wonder - how deep will it go and how long will it last?
Printer Friendly | Permalink |  | Top
 
gateley Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-06-08 03:05 PM
Response to Reply #1
2. I agree -- I don't think we can even fathom what we're in for.... nt
Printer Friendly | Permalink |  | Top
 
knitter4democracy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-06-08 03:06 PM
Response to Reply #1
3. I wonder that, too.
Michigan's hurting something fierce. I've got a bag ready to go to the Food Bank tomorrow, and I worry about some of the kids at my children's school. You can tell their parents are worried sick about everything, and I just wish I could figure out a better way to help.
Printer Friendly | Permalink |  | Top
 
roamer65 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-06-08 03:19 PM
Response to Reply #3
5. MI is hurting bad.
I have seen a lot more street people lately and the begging is getting pretty fierce.
Printer Friendly | Permalink |  | Top
 
knitter4democracy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-06-08 03:26 PM
Response to Reply #5
6. I'm seeing more and more at the bakery outlet.
The other day, they actually ran out of bread. It's that bad.
Printer Friendly | Permalink |  | Top
 
roamer65 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-06-08 03:29 PM
Response to Reply #6
9. That's because the world only has a 54-day supply of grains.
Edited on Sun Jan-06-08 03:29 PM by roamer65
An analyst reported this on BBC World Service the other day.
Printer Friendly | Permalink |  | Top
 
MissB Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-06-08 03:27 PM
Response to Reply #3
8. Have you heard about the backpack programs that some schools do?
They send a backpack of foods home with the kids each weekend, to ensure that they'll have food to eat through the weekend. Perhaps you could start one at your local school?
Printer Friendly | Permalink |  | Top
 
knitter4democracy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-06-08 03:50 PM
Response to Reply #8
15. Great idea! I'll talk with the PTA prez and the principal about it!
I'm sure we have kids that need it.
Printer Friendly | Permalink |  | Top
 
Bolo Boffin Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-06-08 03:31 PM
Response to Reply #1
10. Satire is often not lol.
The Modest Proposal certainly wasn't.
Printer Friendly | Permalink |  | Top
 
BrotherBuzz Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-06-08 03:40 PM
Response to Reply #1
13. Our small food bank is getting stretched thin
More people are being served, but donations are falling behind. Used to be, the boxes had tremendous variety, something a lot of people looked forward too. Today, they are parred back to just the essentials.
Printer Friendly | Permalink |  | Top
 
Robert Oak Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-06-08 03:17 PM
Response to Original message
4. To Help
Get your local and state governments to create jobs for public works. Things like roads, bridges, infrastructure which should be (many are sold off believe it or not) public works are in desperate need and this is one of the things that FDR did to get the economy going again. He created a series of projects, which helped America, were needed and then hired the unemployed.

Printer Friendly | Permalink |  | Top
 
roamer65 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-06-08 03:26 PM
Response to Original message
7. This will be an inflationary depression.
Edited on Sun Jan-06-08 03:27 PM by roamer65
It will be something that the USA has never experienced. People's life savings will be wiped out as inflation goes well beyond its present 12%. All thanks to Mugabe Bush.
Printer Friendly | Permalink |  | Top
 
roamer65 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-06-08 03:34 PM
Response to Reply #7
11. A warning to everyone as well on "capital controls".
Edited on Sun Jan-06-08 03:35 PM by roamer65
When the Argentina has its problems in 1999-2000, the Argentine government enacted capital controls to stop the flow of money out of the banks. As the sub-prime crisis gets worse, I expect the same here in the US. Make sure you have enough cash or easily convertible commodities on hand just in case. They WILL enact capital controls to keep the big banks solvent, I have no doubt of it.
Printer Friendly | Permalink |  | Top
 
NMDemDist2 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-06-08 03:38 PM
Response to Reply #11
12. hmmm that's interesting
care to expound on that a bit

any suggestions on some reading on the Argentine crisis and will I need wheelbarrows full of green backs to buy milk?
Printer Friendly | Permalink |  | Top
 
roamer65 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-06-08 03:47 PM
Response to Reply #12
14. Google on the Argentine fiscal crisis I would say.
Edited on Sun Jan-06-08 03:51 PM by roamer65
What I remember in the news is that before the crisis the Argentine peso was pegged to the USD. The Argentine government severly restricted withdrawls of cash from their banks, when they broke the peg. By the time the controls were lifted, the Argentine peso was around 33 cents US. People lost 2/3 of their savings just like that.

Nah, you won't need wheelbarrows of greenbacks. In this day and age of e-cash, we'll hafta call the credit card companies to ask for a credit line increase to buy the milk. ;)
Printer Friendly | Permalink |  | Top
 
knitter4democracy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-06-08 03:52 PM
Response to Reply #11
17. That means load up the pantry.
The one thing I respect that most Mormons do is have at least a year's worth of food on hand. That's smart. I wish I'd dried more apples last fall--running low already.
Printer Friendly | Permalink |  | Top
 
Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-06-08 03:50 PM
Response to Original message
16. Good luck on that refrigerator carton
Recycling corrugated cardboard and forklift pallets has become profitable.

You'll have to figure out your own housing, instead. Informal junkyards outside town at the end of partially blocked dirt roads are your best source for building materials, like old refrigerators that provide insulation, just punch a few breathing holes in the door and jam the lock so you don't get trapped inside when you move in. Panels from old stoves, washing machines and dryers can be wired together and braced with scrap lumber into walls and roofs. Paint stained tarps can often be pried apart enough to provide adequate waterproofing and a barrier against wind, or chinks can be daubed with mud like in the old days.

Areas under highway overpasses, while affording temporary and slightly warmer protection from the weather, should be avoided by families, since they're generally the province of heavy duty alcoholics, most of whom aren't very nice.

My own advice is knowledge. Check books out of the library and learn how to cook poor folks' food like beans, oats, and turnips. Learn to like them. Learn how to darn socks, sew on buttons, mend seams, and apply patches. Learn that well placed old newspaper can extend the life of your shoes for a very long time. Learn that summer footwear can be woven out of old newspaper, phone books, or any other paper. Above all, learn that you are a human being, adaptable, and with intrinsic worth. Learn that while the world doesn't owe you a living, it doesn't owe Paris Hilton one, either, and that neither of you should be valued above the other.

Learn that you are an American and that means something.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Sat Dec 27th 2014, 08:45 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC