S&P downgrades America: Mad Max Becomes a Reality

[Ennoia]

Originally Posted by deakolt [You must be logged in to view images. Log in or Register.]

i just invested in a magnum, few hundred rounds of ammo, 20 gallons of water, and costco's Apocalypse Now (TM) food pack.

http://www.costco.com/Browse/Product...RelianceTHRIVE

let's do this boys and girls

The bacon won't last a week.

If my calculations are correct (and they always are), after some careful geographical stuff that I don't feel like taking the 6 hours to type out to explain, I don't need to buy anything if everything goes to shit and people start rioting.

Short version: Rioters are lazy and my house is in the middle of the woods.

[Spud]

The market is down over 600 points as I type this, wtf is going on?? i'm scared.

[Slathar]

Don't worry. Azeth said that you shouldn't change anything, because information from the internet is wrong.

Tuesday is going to be a bloodbath as well. I can't wait for the Dow to go below 6000 and people start offing themselves after they realize their entire nesteggs are gone.

[Spud]

10k US dollars yeah.

I saw Gold went up alot today.

I don't know why I said i was scared, i have no money in the stock market haha. I feel bad for people loosing alot of money today. Thank god I don't have any money in it right now.

[Ennoia]

Originally Posted by Spud [You must be logged in to view images. Log in or Register.]

10k US dollars yeah.

I saw Gold went up alot today.

I don't know why I said i was scared, i have no money in the stock market haha. I feel bad for people loosing alot of money today. Thank god I don't have any money in it right now.

You could invest it into something or you could send it to me and I'll make sure you don't die and have pants when the economy collapses.

[Raavak]

Originally Posted by Spud [You must be logged in to view images. Log in or Register.]

I feel bad for people loosing alot of money today. Thank god I don't have any money in it right now.

You don't "lose" unless you sell lower than you buy. The value of people's equity investments went down. If you were looking to pull money out for whatever reason (education, retirement) you can't help but lose.

Sad thing is the stock market hasn't really had any gains in years because its all getting wiped out, and this is after TARP, QE1, and QE2. Trillions and trillions of dollars in debt spent and absolutely nothing to show for it. Its all completely gone, kaput, vanished (except the big IOU we wrote to the Chinese).

[Spud]

I want to go sort of aggresive. Gold sounds like it would be pretty conservative thing to invest? ( i dont know shit about this stuff)

Ennoia your offer sounds tempting, a check is in the mail.

[Hoggen]

Something to remember if you don't have tens of thousands of dollars to invest: you can't digest gold, and people can just take it from you if you try to trade it for something in the midst of a food riot.

[Spud]

so should I invest in ramen noodles? =)

[Hoggen]

I suggest canned food. It lasts for a couple years, so not likely it will spoil before you eat it. If you fear the apocalypse and want to survive, then freeze dried with a hidden fresh water source. Of course, you'll need weapons and ammo to defend it. Unless confiscated, guns tend to increase in value ( AK 47 in the 90s sold for under 100 dollars on average in the US. They now sell for around 400 on average). I don't know what food prices are like where you are, but they have spiked about 10 percent where I live in the past six months. Buy a can for 50 cents now... save ten cents six months down the road.