$this->bbcode_second_pass_quote('Narz', 'A')nd go into massive debt, screwing up your credit & risking seizure of your stuff to get crap like gold, pails of rice, a bunker?
I was stupid enough to buy silver but fortunately that was all. Hopefully the price will at least go back up to $17 or $18 an ounce so I can sell and cut my losses.
PeakOil is You
So did anyone actually listen to Roccman?
Re: So did anyone actually listen to Roccman?
by pedalling_faster » Wed 04 Feb 2009, 22:25:22
i listen to everybody who is serious prepping wise.
i don't think buying silver at $17 was dumb. or perhaps that's just cognitive consistency at work ... and i don't want to admit my mistake. i bought silver at $20. a whole bunch of Morgan silver dollars.
so I'M PREPARED NOW !!
seriously, though, as far as the concept of maxing out your credit cards and then either disappearing or then re-paying the debt with deflated dollars ... i think it's a very good idea to reduce the number of contractual relationships you have with corporate America and in general. i have seen corporate American do things the last few years that i would never have imagined 20-30 years ago. they are DESPERATE FOR MONEY.
personally i wouldn't want the stress of having to "elude the authorities", if i went for "Door A" and used up those BofA check-looking instant loan things to rack up some last-minute debt.
yes, maybe, if you had inside information of sudden collapse (or a guided missile headed for BofA's bank), it might be a good tool for some people to use in some situations. having dealt with Bank of America, i don't think it would be un-ethical.
the idea of taking on debt leads to something that i think will happen, the creation of "debt refuge communities", places where people can go to escape their creditors if need be. whether it's a friend's couch or an eco-village, i think you will find debt refugees.
and, maybe, debt bounty-hunters, people whose job it is to track down serious debt evaders.
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Re: So did anyone actually listen to Roccman?
by Narz » Thu 05 Feb 2009, 00:10:19
$this->bbcode_second_pass_quote('PenultimateManStanding', 'R')ight now the doomiest doomer I see blogging is Karl Denninger. 
If that guy is right then the entire modern debt financing system is a Dead Man Walking within months of crashing and burning up to the sky and down to the ground. Governments about to implode, Mad Max, the whole nine yards by the end of this year. Even Jay Hanson gives us a few more decades before lights out. The only thing I do know is that things are still getting worse. Also his predictions for 2008 were almost all correct.
If that guy is right then the entire modern debt financing system is a Dead Man Walking within months of crashing and burning up to the sky and down to the ground. Governments about to implode, Mad Max, the whole nine yards by the end of this year. Even Jay Hanson gives us a few more decades before lights out. The only thing I do know is that things are still getting worse. Also his predictions for 2008 were almost all correct.Jay Hanson's a douchebag. Truly. I summed him up in a paragraph or two in some Roccman thread way back.
“Seek simplicity but distrust it”
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Re: So did anyone actually listen to Roccman?
by Narz » Thu 05 Feb 2009, 00:11:42
$this->bbcode_second_pass_quote('Ludi', 'I') was just thinking about roccman today and wondering if he had bugged out to the desert to escape his creditors....
I doubt he took his own advice.
“Seek simplicity but distrust it”
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Narz - Intermediate Crude
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Re: So did anyone actually listen to Roccman?
by PenultimateManStanding » Thu 05 Feb 2009, 00:45:29
$this->bbcode_second_pass_quote('Narz', '
')Jay Hanson's a douchebag. Truly. I summed him up in a paragraph or two in some Roccman thread way back.
A douchebag? I didn't see your summation of Hanson. Maybe you could tell it to us again for those who didn't see it. What's to dispute? Fossil fuel use rises and then falls due to its finite nature. He points it out and that makes him a douchebag? The DOE estimates that we could conceivably replace 30% of our energy needs with alternatives by 2030. Well, that's going nowhere now with this financial/economic crash. What are you smoking?')Jay Hanson's a douchebag. Truly. I summed him up in a paragraph or two in some Roccman thread way back.
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