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Old 10-06-2008   #17
Greg B
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Join Date: Dec 2003
Posts: 497
Default Re: What changes are you making due to economy?

Lots to say here for sure!

For me, things are turning for the better in a major way. Mainstream stuff will put me into the high six figures easy. I didn't put all my eggs into one basket.

As for adult, I've noticed something cool. What used to be high in sales in one area dropped but sales increased in another area. That means I can see where the consumer interest is headed. Smarter shoppers out there.

Downside, the money crunch is gonna kick the shit out of people domestically and worldwide. You may not see it now but it's coming and it's going to be brutal. I mean fucking brutal. With no available credit to the common guy we'll have an even greater separation between wealthy and poor. Cars and other big ticket items are going unsold and here in Southern California, you used to be able to get a new car with no credit, no money down, no payments for a year! No car sales, means dealerships are going to die on the vine. Same with computer sales, etc. that most people purchase on credit.

Hotels, amusement parks, anything that is would require credit is fucked. Now you need a credit score of 800 to get credit and then it's tough. The good old days are over.

Criminal groups like loan sharks are going to clean the fuck up. Foreign gangsters will be loaning money to fill in the gap at humongous rates. However, if Obama wins he'll push for legislation to restore the usury laws that Nixon got rid of which began this credit nightmare in the first place.

We are in this shit because far too many of us are leeches. We live off suppressing others and then feed off their credit and interest. Moneychangers/lenders. We live off gambling on the future, stocks, futures etc.

Look at your stats now and see if they've dropped and stabilized or if they've dropped and keep dropping. If they're continuing to drop you're fucked. If they've dropped and stablilized you have your bottom line and you need to work more at everything.

The only hope, the only hope is that the next president pushes for accountability on all levels of society so that a strong foundation is established like never before except the early 50's. That abundance in the early 50's went on well into the 60's but got eaten up by the military industrial complex. That led to Nixon taking the standard off of gold and killing the usury laws.

We're in fucking danger. As more people lose their homes and with winter around the corner if we go lower we won't be buying foreign goods and services plain and simple. We stop buying foreign goods and services for 30-60 days and the world goes back to shit on a stick quick.
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