Jayson
A True Doomsday Prepper
Get your guns and your popcorn ready. When the SHTF, the starving hordes will be roaming around our neighborhoods.
I don’t believe there will be any industry immune to the economic effects from this. We just laid off everyone with our electrical company.i really feel terrible about it. We are lucky that I don’t believe in debt and ran the company wisely. 90% of small businesses carry loads of debt and during times like this are hurting bad. We can stop working and not have to worry about any bills at least. We are still getting some work but 85% has stopped. I am fortunate enough to not have to worry about loosing my home or running out of food. I am also smart enough to be greatful for that fact. We are all going to see some hard times in the near future from this, not just one sector or industry.
I don’t believe there will be any industry immune to the economic effects from this. We just laid off everyone with our electrical company.i really feel terrible about it. We are lucky that I don’t believe in debt and ran the company wisely. 90% of small businesses carry loads of debt and during times like this are hurting bad. We can stop working and not have to worry about any bills at least. We are still getting some work but 85% has stopped. I am fortunate enough to not have to worry about loosing my home or running out of food. I am also smart enough to be greatful for that fact. We are all going to see some hard times in the near future from this, not just one sector or industry.
I think the American currancy wont be going away too soon. . . that is what most people are accustom to and it would be hard to break from that habit. . . but maybe it is just me, one who does not do well with change.I expect the SDR's to start rolling out and the Dollar to collapse in the near future.
Special drawing rights (SDRs) are supplementary foreign exchange reserve assets defined and maintained by the International Monetary Fund (IMF).[1] SDRs are units of account for the IMF, and not a currency per se.[2] They represent a claim to currency held by IMF member countries for which they may be exchanged.[3] SDRs were created in 1969 to supplement a shortfall of preferred foreign exchange reserve assets, namely gold and U.S. dollars.[
I think the American currancy wont be going away too soon. . . that is what most people are accustom to and it would be hard to break from that habit. . . but maybe it is just me, one who does not do well with change.
I am still one that wont charge on a credit card and still to this day dont own an ATM card (think that is what they are called). I am old schooled and pay either cash or check.Until the dollar starts to be devalued and eventually collapses, the world will sell off there dollars fast.
I use a rewards credit card for every purchase and bill I can. I then pay the balance every month. I make a substantial amount of free money (with points) by doing so.I am still one that wont charge on a credit card and still to this day dont own an ATM card (think that is what they are called). I am old schooled and pay either cash or check.
I like a debit card and even a credit card as it’s safer than cash and necessary for online purchases. I’m also the first to warn people to never put anything on a card that can’t be paid off when the statement comes. Paying the interest rates on cards is just stupid. If you can’t afford to pay it in full when the bill comes then you couldn’t afford the item to begin with. Credit cards are legal loan sharks.I am still one that wont charge on a credit card and still to this day dont own an ATM card (think that is what they are called). I am old schooled and pay either cash or check.
Credit cards are legal loan sharks.
I’ve run the business on an Amex card, mostly for the points. I get Lowe’s gift cards with the points and buy stuff I was going to need anyways. The only reason I don’t like them is occasionally a supplier doesn't want to take them or charges a fee for the transaction. Usually I will write a check in those cases. We decided to not take cards from customers due to the fees involved from the beginning. Lots of people say, ‘it’s only 3%, what’s the big deal’, but over several years it adds up to a lot of money you are just giving to banks.I’ll use any credit card except American Express. When I was young, dumb and full of cumquats I applied for AE. They turned me down for not having a high enough income. Decades later my salary went up and now they bombard we with numerous requests to apply for a AE card. Piss on them.
Yes, it's old news, from last week. A week is old news, these days, lol
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