how to profit and insulate from the depression, page-71

  1. 324 Posts.
    You are right, Witch. The generation prior to mine had lots of persons addicted to Bex and I knew several who ended up like your Grandmother with kidney problems.

    This business with Reserve banks; guarantees (or lack thereof,political plans (action yet?) on guaranteeing the first twenty thousand per depositor; our Reserve Bank and APRA endorsing Reserve Bank proposals for bank to make maketable parcels of Residential Mortgage Backed Securities has worried quite a few. It worries me.

    One member of our family with decades of experience is banking is busily dividing up cash and spreading it around differenct banks. It's a pain in the neck but he is convinced that it is now time to make those moves. That worries me even more.

    I am a real panic merchant and have moved to Cash and silver but do I really have to start growing Chokos?

    Next week I will begin laying in a supply of cans of home brew, tobacco (legal type)and coffee because those are the ultimate survival supples. Home brew because I can no longer drink wine - allergy to red and even white does not agree with me. Coffee because it is an absolute necessity and tobacco to calm the nerves. Home brew is easy (a pleasure to make and drink) and the equivalent of thousands of bottles can be stored in a small space.

    Protein is not a problem because the boat allow for staying out for weeks at a time providing fish, crabs etc; uses little fuel and has solar power sufficient for running all sorts of things.

    Good plan, ya think?
 
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