We've moved downstairs to try and stay warm now that cold weather is upon us.
It's so much easier to keep this one room warm and I've tried to fix it up better so it's not too bad at all. I feel like just drawing up and closing the door against the world right now anyway. The news is so troubling these days and I'm afraid that the reality is actually worse than the news lets on.
I hope you guys have been listening to me and have stocked up on food and bought seeds for next year. You need so much more but if you will do those things it will help you tremendously as things get worse in the first half of the coming year.
Try and put up a bit of cash as well and shoot for a minimum of 6 months supply of basic foods.
So many things are lining up in the background right now that will hit us later. Like the price of oil. It's cheap right now and will probably get cheaper but for God's sake don't count on it staying like this for long. Use this time and the money you are saving on gas to buy food and put up some cash.
The food is going to be the most important thing you can have, that and a safe water source.
I know you girls get tired of me harping on this but it would put my mind at ease if I knew that you had plenty of food to get by on.
Oh, you girls, if you are still using credit cards you really need to read this article. Casaubon's Book.
The credit card is the second key source of consumer liquidity, the first being jobs, the Oppenheimer & Co analyst noted.
“In other words, we expect available consumer liquidity in the form of credit-card lines to decline by 45 percent.”
Credit card companies are pulling over 2 trillion in credit. That means that most people will see the available credit on their cards decline drastically. Where one day you may have $2000 in credit, it could become $1200 or less. I don't know if you would be immediately billed for the balance over the new limit or not but it seems like you would be. Say for instance you have $1500 in charges and your new amount was lowered to $1200, would you have to pay the $300 right away?
This is one of those background things I mentioned before. Add to this the fact that now 10% of the population is on food stamps and one in 10 mortgages are delinquent and you begin to see how deep this disaster goes.