Quote:
Originally Posted by wdfifteen
Seems to me it matters. We still have a pantry with a good supply of food we grew and canned last summer. Three freezers have fruit and vegetables we grew and beef, pork, chicken, and turkey we bought when it was on sale.
It will be a while before we sit in the Speedster in line at the food bank to get a box of handouts. My parents grew up during the depression and they didn’t raise any fools.
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U must be Mormon...You are speaking locus specific.
My metaphor has to do with a go getter who has a billion or two to spare and the guy who is in debt up to the eyeballs because he spent all his money on hookers and blow...it do not matter anymore, because there are so many that are going to default that there is no moral hazard. The FED is going to back stop the banks so that they do not fail and are able to keep the doors open inspite of being a Zombie bank in a zombie economy.
What you are talking about is a subsistence lifestyle of survival-ability.