Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

goodword

(44 posts)
1. There Will Be A Lot of People
Thu Aug 30, 2012, 08:46 AM
Aug 2012

losing jobs in the near future.

Predictions have it that it won't matter who is elected president, next year is slated for a global depression. Millions of people worldwide will be without work. In many countries there will be food shortages. America probably won't be one of them, but the price of food may be like nothing we've ever seen before. Not to mention the price of gas and utilities.

I have a very bad feeling about the coming few years. I don't consider myself a doomsayer; I'm more a realist, and, like many other people outside the Wall Street and corporate and political world (world not pluralized deliberately), I watch from the outside. America, if not a good portion of the world) looks like a Jenga game that has gone on too long. Shaky, swaying, just waiting for the next block to be added before everything falls down.

We've been teetering on the brink of economic collapse for the last 5 years. We've been the victims of stubborn and controlling politicians who refuse to work for the betterment of the country. Instead they close ranks and declare a cold war that has left us all, save the wealthiest among us, vulnerable to losing everything.

I may sound crazy, but for the last few years I have not invested any money other than what is in my employer 401k program. I won't even put money is a savings account. I've created several checking accounts and have spread money throughout them. I'd rather lose a small bit of interest than trust it to a government that may or may not be able hold up THEIR end of a bargain. And I do not trust Wall Street with my retirement at all right now. I know investment firms WILL screw me out of money if they go belly-up.

This year I've begun stockpiling food. No, not for the zombie apocolypse, but I am sure food prices are going to skyrocket next year. I am taking advantage of BOGO's and sale prices. I'm buying vegetables and freezing them. We don't eat a lot of meat, but I'm buying extra and putting it away in my freezer.

I've never done anything like this before. I've never felt this way before; like something unpleasant lies ahead. If all goes well and we're suddenly all happy and prosperous, then I've lost nothing. We can always eat the food. But....I want to be prepared for bad times if they happen.

Latest Discussions»Issue Forums»Editorials & Other Articles»Amy Goodman: Workers Feel...»Reply #1