tag:blogger.com,1999:blog-6244999628674918029.post6014521298541251905..comments2024-03-28T04:53:22.941-05:00Comments on Bayou Renaissance Man: Yet more flashing red lights about the economyPeterhttp://www.blogger.com/profile/10595089829300831372noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6244999628674918029.post-54332110395582405242015-08-17T18:35:43.376-05:002015-08-17T18:35:43.376-05:00We met with our financial person at the bank this ...We met with our financial person at the bank this afternoon and I expressed a lot of the things that you have been bringing up over the last month and he pretty much agreed with it only he is hoping it will happen next year. He recommended that we keep a supply of cash on hand for a worst case event. He can't sleep at night for thinking about it. Kind of scary when a financial person starts talking cash.Sunnybrook Farmhttps://www.blogger.com/profile/18135224259672444423noreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-30103467234376821672015-08-17T10:35:50.925-05:002015-08-17T10:35:50.925-05:00I am not a "survivalist". However, I hav...I am not a "survivalist". However, I have stocked up(so far) with one months supply of MRE's and two months supply of freeze-dried foodstuffs from Mountain House and others.<br /><br />I also have several LARGE BPH-free containers for water plus the required chemicals to insure it is bacteria-free. I even purchased a small grill and several large sacks of charcoal as a source of heat to make all those meals hot and more palatable. This is a backup for my propane fueled camp stove.<br /><br />I used to have a large supply of frozen foods but now that is almost all gone. Depending on reliable electricity for food preservation nowadays is - in my view - reckless. Once Obama and his EPA zombies finish off all our coal-fired electrical plants, I expect rolling brownouts - even blackouts - everywhere.<br /><br />I had purchased a 3500W AC generator some time ago to power the freezers during a blackout(we have have several already, a fairly common occurrence out here in flyover country), but there's the problem of storing gasoline for it.<br /><br />I now have only one active credit card which I am paying off as fast as possible. I applied for it because of its 14 months no interest offer and transferred the other cards balances(now all at zero) onto it, The savings have been substantial.<br /><br />Unfortunately, trying to save up enough cash for two - or four(as suggested above)months of bills is impossible for me, so some stuff will go unpaid. I've been using my spare cash to stock up on the above essentials.<br /><br />But I imagine that - when the bottom drops out - small potatoes like me will not receive very much attention from the bill collectors for quite some time.<br /><br />I'm still hoping this inevitable collapse and resulting chaos will not happen until I am gone. I am 77 years old, but in pretty good health.<br /><br />Hell of a deal. Like everybody else, I'm hoping to live for many more years but hoping to die before Hell comes to earth.Bobhttp://thegundeck.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-42061764134292997562015-08-17T09:45:51.482-05:002015-08-17T09:45:51.482-05:00@Anonymous: It would be nice if we all had four m...@Anonymous: It would be nice if we all <i>had</i> four months' expenses in reserve . . . most don't.Peterhttps://www.blogger.com/profile/10595089829300831372noreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-6998200846003951812015-08-17T05:53:33.804-05:002015-08-17T05:53:33.804-05:00You might consider doubling down on that two month...You might consider doubling down on that two month expenses to four. I'm figuring that food and gasoline costs will skyrocket, much like hotel room and lumber costs go up during a hurricane evacuation. Having an extra ammount would likely not be wasted.<br /><br />Thank you sir for the post. Time to take stock and prepare for what will be a bumpy ride.Anonymousnoreply@blogger.com