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So, what will you do during the recession?

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  • So, what will you do during the recession?

    My engineering work is falling away quickly now, no, no tears i also know that recession was part of the bussiness cycle. I put 15 years in and since 2001 i expected a recession.

    Got Great savings + Gold+Schiffs.......i should be ok......in a prverse way i am sort of looking forward to it. Question is what to do during the recession?

    Well, 1st up i NEVER had time off from the engineering, the company owes me 18 months leave. I guess that some travel might be in order. AS for intrests, well when the stock markets bottom out (let me know when EJ!)...i buy into Water/Gas/Telecom & any banks that are left standing....as long as they don't have further to fall or fail and the Divs are good.

    Mass unemployment should see no stortage of "Staff"....sorting good clients the tough-e.......need a bussiness plan.

    Mega
    Last edited by BDAdmin; March 12, 2008, 03:38 PM.

  • #2
    Re: So, what will you do during the recession?

    Originally posted by Mega View Post
    My engineering work is falling away quickly now, no, no tears i also know that recession was part of the bussiness cycle. I put 15 years in and since 2001 i expected a recession.

    Got Great savings + Gold+Schiffs.......i should be ok......in a prverse way i am sort of looking forward to it. Question is what to do during the recession?

    Well, 1st up i NEVER had time off from the engineering, the company owes me 18 months leave. I guess that some travel might be in order. AS for intrests, well when the stock markets bottom out (let me know when EJ!)...i buy into Water/Gas/Telecom & any banks that are left standing....as long as they don't have further to fall or fail and the Divs are good.

    Mass unemployment should see no stortage of "Staff"....sorting good clients the tough-e.......need a bussiness plan.

    Mega

    I Hear Spitzer is looking for some new companionship.

    As for interests, I would take up sport shooting as well as a, em HOBBY, just in case. A gun might be handy to go with that new hobby btw.

    As a wise woman once told me.

    Know Guns=Know Peace.

    No Guns= No PEACE

    No guns=NO PEACE=NO GOLD.
    Last edited by BDAdmin; March 12, 2008, 03:41 PM.

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    • #3
      Re: So, what will you do during the recession?

      Originally posted by jtabeb View Post
      I Hear Spitzer is looking for some new companionship.

      As for interests, I would take up sport shooting as well as a, em HOBBY, just in case. A gun might be handy to go with that new hobby btw.

      As a wise woman once told me.

      Know Guns=Know Peace.

      No Guns= No PEACE

      No guns=NO PEACE=NO GOLD.
      oh, talk dirty to me!

      most everyone in my neighborhood owns a gun. not a lot of breakins, as you can guess.

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      • #4
        Re: So, what will you do during the recession?

        My grandmother who turned 96 yrs old last week and still drives a car survived the great depression in the midwest and much more, and my grandparents from Ireland survived to an old age with a large family and had no money to even send my mother here to the USA for a better life.

        Life's challenges always bring about a natural human tendency to survive and thrive. With all the random disasters nature throws at us and all the problems we create for ourselves, we always seem to find a way to get by. Sure some won't make it and may leap off a tall building but for most of us life will go on.

        So, even when you're not feeling very optimistic, trust that you have the innate ability to persevere and turn things around.



        All you've got to do is get some perspective and find the ignition switch of ingenuity.

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        • #5
          Re: So, what will you do during the recession?

          Originally posted by seanm123 View Post
          My grandmother who turned 96 yrs old last week and still drives a car survived the great depression in the midwest and much more, and my grandparents from Ireland survived to an old age with a large family and had no money to even send my mother here to the USA for a better life.

          Life's challenges always bring about a natural human tendency to survive and thrive. With all the random disasters nature throws at us and all the problems we create for ourselves, we always seem to find a way to get by. Sure some won't make it and may leap off a tall building but for most of us life will go on.

          So, even when you're not feeling very optimistic, trust that you have the innate ability to persevere and turn things around.



          All you've got to do is get some perspective and find the ignition switch of ingenuity.
          never discount your greatest asset: your family, your friends, and yourself.

          Comment


          • #6
            Re: So, what will you do during the recession?

            Originally posted by seanm123
            My grandmother who turned 96 yrs old last week and still drives a car survived the great depression in the midwest and much more, and my grandparents from Ireland survived to an old age with a large family and had no money to even send my mother here to the USA for a better life.
            There's a huge difference between having no money as a pre-tractor/fertilizer farmer and having no money as an urban service industry professional.

            One starves, the other doesn't.

            On a lighter note (?) - reading some old sci-fi from the 60's/70's.

            Came across a fascinating concept: the subsidization of poverty.

            Or more specifically, since in the US the vote is what matters to the politicians, that it is in these groups' interests (and in the interests of their business backers) to maintain as large a number of people at the 'poverty' level - a level which they cannot escape, but which they are satisfied with if sufficiently ignorant. This then allows easy manipulation of their votes for maintenance of the societal status quo.

            So in this light - the whole mortgage mess is just a nice logical step in the progression to this type of society; get a large number of people in debt, then wipe out the savings of those who weren't that foolish.

            The next step is then the development of the circuses part - the above being the 'bread'. Or perhaps we already have that between Iraq and the sports/ultimate fighting/TV.

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            • #7
              Re: So, what will you do during the recession?

              C1ue - even an "urban service industry professional" can learn to grow a victory garden so they don't starve. My whole point is if there is a will there is a way. Are you going to be one of those jumpers?

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