Meltdown in 24-48 hrs? Is this likely?

Don't panic, kids. Be wary and be prepared, but retain control of your emotions. Things are usually neither as bad as some people make them out to be nor as good as other people make them out to be.
 
Wth? How can this person(s) think/know we're having Armageddon in 24-48 hrs? Please provide some intelligent insight as to why this just isn't possible. :o

What the OP said... Instead of "omg, stock up on food and bullets, now!" how about explaining exactly what those folks are saying?
 
yeah, tomorrow I just want to cancel plans and watch the market.

This is getting a bit scary. The jap market is -815 last I checked.

we could see a global melt down tomorrow!:eek:

I hope not! I hope the banksters give us some more time.....LOL
 
Don't panic, kids. Be wary and be prepared, but retain control of your emotions. Things are usually neither as bad as some people make them out to be nor as good as other people make them out to be.

But be ready. No harm in having food for at least 3 months and other day to day items.
 
Our Lady of All Nations to littlest of servants October 8, 2008


My dear, dear children prepare for one catastrophic disaster after
another.


Prepare for currency crises. Prepare your societies worldwide,
they will collapse. Prepare by trusting in JESUS and MARY. THE
TWO HEARTS. WE WILL NOT ABANDON YOU. I REPEAT, WE WILL NOT
ABANDON YOU.
SAY THESE WORDS OVER AND OVER AGAIN.
JESUS I TRUST IN YOU AND YOU WILL BE PREPARED
 
Can you share your list freelance?

Oh my! I've been working on this for months. So, I'm writing this off the top of my head.

I always keep a good supply of food, because we have a spare refrigerator and a stand-up freezer. Since I have a year's worth of meat, I have spent the summer concentrating on produce, since we belong to a CSA. Thank God winter is coming, because if we lose electricity, I can use the attic for cold food storage.

It dawned on me a couple of months ago that we might lose electricity, so I stocked up on canned and dry stuff. I've got rice and pasta for days. I tried to get pasta made with spinach and tomatoes for a little nutritional value, but if the worst happens, then we'll be glad just to fill our stomachs. We moved last year, and I had to decide between a gas grill and a good old, Made-in-USA Weber. I opted for a large Weber so that we could cook if we lost natural gas. You can always heat food on the grill. I also stocked up on sterno for the chafing dishes and denatured alcohol for the fondue pot--both of those for cooking and heating.

So, I've stocked up on a year's worth of charcoal, lighter fluid, Alkaline batteries, rechargeable batteries, toilet paper, paper towels, cleaning products, etc. I've got a three-month supply of water, and a year's supply of soda (which I don't drink, but will in an emergency). Don't forget spices. They can make almost anything edible.

Oh, if you have any light fixtures that use oddball light bulbs, you might want to stock up on those. Don't forget the candles, and for heaven's sake, you never know when kitchen matches will come in handy. If you have those lights that use candle oil, get some of that too.

We've stocked up on a year's supply of supplements, six months' worth of colloidal silver and other such items.

Once you've got the basics, then you can concentrate on the "I'll die if I don't have vanity items," such as hair color, etc.

It didn't take me long to figure out that cooked food takes up less space, and it's a way to store cooking basics, like onions, carrots and bell peppers. You can saute in a little olive oil and store in the freezer in zip-lock bags. I made up about 30 containers of soup. In a fully packed freezer in the winter, they could take up to a month to thaw--even longer to spoil. For me, the issue was space, and cooking things save a lot of space, and if the SHTF, I'm not going to be in the mood to play like I'm Paula Deen.

Don't forget to back up your data to NON-magnetic storage. Also, print out what you can. You never know when they'll just zap all the computers. You've got to think it's possible.

We have used every available cubic inch of under-bed space, storage room and attic space, and I fell back on all those years as a flight attendant to pack this house to the brim. I could travel for a month off one small suitcase, so you should see what I've done to this house.

Mind you, I knew that Y2K could be a problem, but I didn't go to any extraordinary lengths for that one. I had enough food for three months, but I didn't knock myself out. I have gone "balls to the walls" on this one.

PETS! For the most part, they can eat what you eat, but if you have cats, they HAVE to have protein. They are OBLIGATE carnivores, so stock up on cat food. And, don't forget the kitty litter. In fact, start saving papers, because you can always shred newspapers for kitty litter.

Oh, and I really hate to bring this up, but suppose there's no water. (You HAVE to think about this!) I have two ziplock bags per day for everyone for sanitation purposes.

I know this is a bit disjointed. I've forgotten all sorts of things. But, I hope it helps anyway.

More:

Tons and tons of cereal (the good stuff when it was on sale), rice, flour. Eggs and milk--powdered. Frozen OJ, etc.
 
Last edited:
Oct. 10 (Bloomberg) -- Morgan Stanley, the U.S. securities
firm whose shares dropped 26 percent yesterday, had its long-term
credit ratings put on review for a possible downgrade at Moody's
Investors Service.
About $200 billion of long-term debt is affected by the
review of Morgan Stanley's A1 credit rating, Moody's said in a
statement today. The ratings agency affirmed its Prime-1 grade
for Morgan Stanley's short-term debt.

just another reason to go down tomorrow.
 
But be ready. No harm in having food for at least 3 months and other day to day items.

Thanks those of us who keep harping on this later! For God's sake, be prepared. You've lost nothing by preparing now. Worst case scenario, you won't have to shop for months.
 
Do you have a link to that?

I edited the post...it seems that they are "under review" for a downgrade...which isn't really 'breaking'. I think that was known earlier today.

my bad, I am too quick to believe rumors...have to be careful.
 
I edited the post...it seems that they are "under review" for a downgrade...which isn't really 'breaking'. I think that was known earlier today.

my bad, I am too quick to believe rumors...have to be careful.

Well, if you hear anything, will you post it here for us? TIA!
 
Calm down everyone. I promise that no one will wake up tomorrow or the next couple of mornings with all the banks closed, food riots at the stores, and military marching through the streets with guns.

I'm not saying those things can't happen, but it can't happen that suddenly. This is going to take a little while longer. Just relax for now and keep gathering a few more supplies everyday and you'll be as ready as can be if it comes to that.
 
I agree with the keep calm, the market can crash even without riots and anarchy...

I think we are headed for a tough bear market, no depression or wilderness living.

latest futures from CNBC: http://www.cnbc.com/id/17689937/

I am showing Dow down 286 points.
 
Yes, its possible for a complete meltdown in the next few days. Iceland facing bankruptcy and so is pakistan. Our futures are already down 300pts at the moment and still dropping. There isn't a fix for this other then letting this thing just implode because every time they try to fix this it just gets worse and worse.
 
Oh my! I've been working on this for months. So, I'm writing this off the top of my head.

I always keep a good supply of food, because we have a spare refrigerator and a stand-up freezer. Since I have a year's worth of meat, I have spent the summer concentrating on produce, since we belong to a CSA. Thank God winter is coming, because if we lose electricity, I can use the attic for cold food storage.

It dawned on me a couple of months ago that we might lose electricity, so I stocked up on canned and dry stuff. I've got rice and pasta for days. I tried to get pasta made with spinach and tomatoes for a little nutritional value, but if the worst happens, then we'll be glad just to fill our stomachs. We moved last year, and I had to decide between a gas grill and a good old, Made-in-USA Weber. I opted for a large Weber so that we could cook if we lost natural gas. You can always heat food on the grill. I also stocked up on sterno for the chafing dishes and denatured alcohol for the fondue pot--both of those for cooking and heating.

So, I've stocked up on a year's worth of charcoal, lighter fluid, Alkaline batteries, rechargeable batteries, toilet paper, paper towels, cleaning products, etc. I've got a three-month supply of water, and a year's supply of soda (which I don't drink, but will in an emergency). Don't forget spices. They can make almost anything edible.

Oh, if you have any light fixtures that use oddball light bulbs, you might want to stock up on those. Don't forget the candles, and for heaven's sake, you never know when kitchen matches will come in handy. If you have those lights that use candle oil, get some of that too.

We've stocked up on a year's supply of supplements, six months' worth of colloidal silver and other such items.

Once you've got the basics, then you can concentrate on the "I'll die if I don't have vanity items," such as hair color, etc.

It didn't take me long to figure out that cooked food takes up less space, and it's a way to store cooking basics, like onions, carrots and bell peppers. You can saute in a little olive oil and store in the freezer in zip-lock bags. I made up about 30 containers of soup. In a fully packed freezer in the winter, they could take up to a month to thaw--even longer to spoil. For me, the issue was space, and cooking things save a lot of space, and if the SHTF, I'm not going to be in the mood to play like I'm Paula Deen.

Don't forget to back up your data to NON-magnetic storage. Also, print out what you can. You never know when they'll just zap all the computers. You've got to think it's possible.

We have used every available cubic inch of under-bed space, storage room and attic space, and I fell back on all those years as a flight attendant to pack this house to the brim. I could travel for a month off one small suitcase, so you should see what I've done to this house.

Mind you, I knew that Y2K could be a problem, but I didn't go to any extraordinary lengths for that one. I had enough food for three months, but I didn't knock myself out. I have gone "balls to the walls" on this one.

PETS! For the most part, they can eat what you eat, but if you have cats, they HAVE to have protein. They are OBLIGATE carnivores, so stock up on cat food. And, don't forget the kitty litter. In fact, start saving papers, because you can always shred newspapers for kitty litter.

Oh, and I really hate to bring this up, but suppose there's no water. (You HAVE to think about this!) I have two ziplock bags per day for everyone for sanitation purposes.

I know this is a bit disjointed. I've forgotten all sorts of things. But, I hope it helps anyway.

More:

Tons and tons of cereal (the good stuff when it was on sale), rice, flour. Eggs and milk--powdered. Frozen OJ, etc.

If you are worried about nutrition, stock up on canned sweet potatoes, yams, and pumpkin. All of the orange fleshed vegetables have the full compliment of nutrients your body needs, and in the right proportion, all in a single fruit. You can buy pumpkins cheap after halloween, and they last for the whole winter in cold weather. Slice them up and boil them for a tasty and nutritious pumpkin soup to supplement your caloric intake.

Might want to think about planting a patch next year, if you have enough space (a 10x10 space should give you enough room for a few plants--should give 3-4 fruit each).

Also, if you have access to dirty water (like rainwater from a roof, pond or lake water, stream water, or even from a dirty, but not oily or chemical smelling puddle) you can easily purify it by crushing up some of your charcoal in a rag and running the water through it a few times. It'll come out as clean and tasty as bottled water. You can do this with charcoal right out of the fire. Also, you can dry it out and it will still burn fine (it might stink a bit if the water you strained was really nasty).
 
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