Shortages

[Baymule]

@farmerjan there is your nephew, got the world by the tail and smug about how "smart" he is. Multiply him by hundreds of thousands, all the financial advisors that have known nothing but a pampered well to do lifestyle all their lives. They have nothing to compare to and refuse to see. They will be the ruination of millions of others. Because they and their clients are overextended, deep in debt with fine homes, cars and credit cards, they will lose everything they have. A avalanche of poverty will hit people who have no clue of what just happened, they are willfully ignorant and pooh-pooh any ideas other than their own, just as your nephew sneered at you. The idea of planting vegetables in the flower gardens is silly and downright repulsive, beneath them. The high and mighty are soon to be knocked off their lofty pedestals. I'm not saying that in a an ugly, jealous, that's what they get, tone, merely stating fact. I do not wish ruination upon anyone. I applaud anyone who is successful in life and happy for them. Along with that success should come discernment and the ability to see beyond their own selves and take heed of warnings and signs that things are crumbling around them. The wise will prepare the best they can. Sadly, many will not. But not to worry, the government will rush in to save us all.

 

[farmerjan]

I totally agree with what you said @Baymule . And it is not with any kind of "glee" that I think "I told you so" about my nephew... Everything you said is TRUE about so many many thousands of the younger generation... They have not had to struggle or make do or do without; parents have made things easier for them because they did not want them to have to "go through the struggles I did" and have only hurt this younger, instant gratification, "high flying" generation. I don't mind that we could make it easier for them, but they needed to have some sense of values and learn that it takes hard work and some application of elbow grease and responsibility to have that.
For all our differences at least my son understands the hard work ethic... and being in debt is something that he is now getting even more careful about... talking about paying on the line of credit he has for the farm so he does not have to pay interest because it has nearly doubled... from like 2.8% to over 5% in the last 2-3 months... the mortgages on the farms are one thing... but the line of credit is essential for having to buy fertilizer and parts and such... and it helps to even out until cattle are sold. He is doing better about it... and selling some of the things he does not need around the farm... just to have less clutter and a little more cash ..... The biggest problem we have is that there are things we cannot do without in order to run the operation; and we cannot stockpile some of it... so get caught in the web.... getting the diesel way back and filling tanks will help to ease the costs this year... but what is it going to take to refill them? Maybe by then we will be in a full blown recession; or DEPRESSION; and the prices will have had to come down...I don't know.
I am afraid there will be a huge number out of work and the gov"t is going to get in such a shape that it will not be able to "help them all with checks every month".... and this is going to leave us wide open to some big mess.....
The saddest thing about that generation is that they are so "self absorbed".... and so smug about themselves and their daily activities... and into "good times" all the time....self indulgent with no thought for preparing for the future....
I am very thankful for the ones on here that are younger and can see further than the end of their nose and are getting or have gotten their finances in order and their ducks in a row and value that money doesn't grow on trees OR come from the gov't.....

 

[Mike CHS]

You guys have already covered everything but the biggest problem folks Jan's nephews age have is a changing reality. Most of us are old enough to remember fuel rationing along with high inflation numbers. They haven't been through anything like what is coming.

 

[frustratedearthmother]

OR shoot them.... SSS...

Sorry - I think there's been enough shooting lately.

 

[farmerjan]

Sorry - I think there's been enough shooting lately.

I edited my post. I was out of line.

 

[Mini Horses]

US selling our strategic petroleum reserves to China

I did not hear the news you state BUT.....from what I gather, china has agreed to import Xxx$ worth of USA exports every year. Seems oil was one of many items and fastest way to meet their import agreement dollars. Don't know exact particulars on all commodities involved.

Now I'm not saying Dem or Rep are best, good, better or.....We probably need to replace at least 50% of all of them!?!!......however, this trade agreement was put into place proudly by Trump. There's enough blame for all of them to share in our dispair!

. We need to control the politicians. Begin by their getting same average salary and poor benefits we get! Punish THEIR waste and failures. Don't allow the months of time out of session if their jobs aren't done. Learn to compromise. Wonder how many rolls of TP, or cans of formula they don't have? It's appalling we vote their lies back in.

Ok....I'm done with my rant on the failures of most of our elected officials.

 

[Baymule]

Put in place by Trump because we had plenty of oil. Turn off the flow, shut down oil leases, spiking fuel prices, can’t blame that on Trump. Blame it on Putin. LOL

Term limits. Our founding fathers did not set up the government for lifetime parasites. And that’s on both sides of the aisle.

We just all need to go buy electric cars and shut up. Then blow the power grid because there isn’t enough electricity! Hahaha! Can’t win for losing!

 

[Mini Horses]

Agree.....can't win for losing!

It's why we live SS as much as we are capable. Our own little stability plan.

 

[farmerjan]

I did not hear the news you state BUT.....from what I gather, china has agreed to import Xxx$ worth of USA exports every year. Seems oil was one of many items and fastest way to meet their import agreement dollars. Don't know exact particulars on all commodities involved.

Now I'm not saying Dem or Rep are best, good, better or.....We probably need to replace at least 50% of all of them!?!!......however, this trade agreement was put into place proudly by Trump. There's enough blame for all of them to share in our dispair!

. We need to control the politicians. Begin by their getting same average salary and poor benefits we get! Punish THEIR waste and failures. Don't allow the months of time out of session if their jobs aren't done. Learn to compromise. Wonder how many rolls of TP, or cans of formula they don't have? It's appalling we vote their lies back in.

Ok....I'm done with my rant on the failures of most of our elected officials.

Have to agree with the controlling the politicians and we need term limits... Especially the part about not allowing months off if they don't get their jobs done... And they get way over paid for what they don't get done...

 

[murphysranch]

Which is why, being on SS and just starting to dip into the 401K, I constantly seek out food and supplies.

I went to an estate sale this morning (there were four listed on estatesales dot net), and bought about two bags of groceries/bath items for $15. Some was expired (last year canned goods) but I know about food and how long it really lasts. Also got some free fertilizer (misc containers) that I'll use up this summer.

Remember all that free money that many of us received? Its coming back to bite our butts.

As for term limits, there are two very very old facelifted ladies in the govt that NEED to be OUSTED. And they happen to be from Calif.