Does anyone else see an economic crash coming?

[Amish Heart]

And Brics will be digital and controlling. Not good.

 

[Haertig]

My goal is to hit 0 on the bank account by Jan 1st. Use it, or lose it. Gonna be one hell of a christmas....even if its all solar panels, car parts and beans.

That sounds scary, having no monetary reserves. But maybe I read your words wrong - and you're not talking about giving up on money, just giving up on keeping your money in banks.

Keep us informed on how that turns out, if you can. Libraries usually have free computers and free WiFi if you decide to shut off internet service at your home. You're probably one of the better prepared for what you are planning on doing than the rest of us. But it does sound a little like intentionally creating your own personal SHTF before the S actually HTF. Like, how are you planning on paying taxes? They're not going to barter for that - they expect money.

 

[elkhound]

And Brics will be digital and controlling. Not good.

an interesting aspect of brics is theres going to be a section or a way..not suyre what you call it....where folks can trade commodity for commodity...no funds...just real life trade...one firm was doing this in europe back during 08-10 crash and n one could get big funds at the time. big bankers didnt like that as they didnt/couldnt get a cut of deals....lol...leeches

brics for past year as a form of a type of visa card already and people are using it more and more now as its active in vacation destinations.

 

[zoomzoom]

That sounds scary, having no monetary reserves. But maybe I read your words wrong - and you're not talking about giving up on money, just giving up on keeping your money in banks.

That's what I was thinking. Quitting on a financial market that (properly invested) doubles your money every 7 years isn't a strategy I'd take.
I've made enough from the stock market in the last 2 weeks to cover all my bills for a year... and then some.

 

[montanabill]

And they'll push it up to Trumps term.

I saw something about china not going along with brics....With germany having issues this whole house of cards could flatten.

 

[montanabill]

That sounds scary, having no monetary reserves. But maybe I read your words wrong - and you're not talking about giving up on money, just giving up on keeping your money in banks.

Keep us informed on how that turns out, if you can. Libraries usually have free computers and free WiFi if you decide to shut off internet service at your home. You're probably one of the better prepared for what you are planning on doing than the rest of us. But it does sound a little like intentionally creating your own personal SHTF before the S actually HTF. Like, how are you planning on paying taxes? They're not going to barter for that - they expect money.

We keep little in the bank compared to some folks. Pay the bills and the local bigger ones we work with cash. Still leaves a trail but I mainly don't want to wake up monday morning with nothing or very little available in my account.
Helping the older teens build some tiny houses and ramping up for more chickens and a lot more garden next spring is keeping my life exciting.
Gotta price out a couple bunks of cheap 2X4's and a stack of wafer board for investment purposes.