That is spot on Daisy. There will be so many that will be blindsided by a collapse of this country as they have no idea what is going on. I don’t watch the news as much, but my husband keeps on top of it. The gov. closings should be a wake up call for many. We don’t use our charge cards unless we can pay them off at one time each month. Right now I am using my Discover card as I get 5% back on groceries and gas through March. I only use it for these times as I can get the money and not points if I wish and can use that money for other things we need or even a bill. We don’t pay interest on it as we pay the full amount off when it is due. Our house and car is paid off. So being retired, I feel we might be in better shape than a lot of retires. We don’t depend on Social security as we have our retirement in a concersitive type of stock and in 08, though it went down a little we really didn’t loose much of it and we gained it back fast. I really have a gut feeling that we are going to go into a depression much like the 1929 depression. It will be worse because back in those days most people had homesteads and farms. Now we just run to the grocery stores to buy a week’s worth of groceries. That won’t cut it in a bad depression. I already see food prices going up and packaging is getting smaller and the price goes up. Whatever happened to 5 lbs of sugar verses 4 lbs now. I feel we might be in a recession now as I have noticed food prices rising the last few months. What will people do when the ATM’s go down and we have a bank holiday. Don’t even want to think about the riots that will happen. I live in an area where it is military, We have naval bases and coast guard all around us. I really want to move from here. But hubby won’t budge. Says he’s to old to move and start over. I have to agree but we really need to get out of this area.
