Economy How to survive the upcoming Coronavirus Recession/Depression

Discussion in 'The War Room' started by SBJJ, Mar 23, 2020.

  1. SBJJ

    SBJJ Gold Belt

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    So. We have a couple of different CV threads. One for strictly breaking news. The other to discuss/critique the Gov response.

    While we fight and bicker like married couples. This site is filled with intelligent people on both sides. I think we should have a thread to discuss the best ways to survive or even, yes profit from the upcoming downturn in the economy. Again, this is about getting through the aftermath of the virus. From the Stock market, to cutting bills/costs, to housing or real estate. Try to help each other out so we can make it through this tough period.

    PLEASE no political bickering. Try to be helpful.

    Will post some of what I'm doing and planning a bit later.

    Good Luck everyone and stay safe and healthy!
     
    Last edited: Mar 23, 2020
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  2. bobgeese

    bobgeese Gold Belt

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    Big ass bag of good rice, chickpeas.

    A bidet toilet attachment $50
     
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  3. Misfit23

    Misfit23 Black Belt

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    Buy a kettlebell to keep you fit.
     
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  4. tonni

    tonni 2019 Snitch of the Year

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    Bidet rinses your anus? I'm European.
     
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  5. SBJJ

    SBJJ Gold Belt

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    Shopped around and was able to reduce my Bills by 300 a month. Cable/internet, cell service, car insurance.

    Was in mostly cash besides COST stock. But just started nibbling on AMZN, NFLX and a couple small biotechs that are just a gamble.

    I believe real estate is the next shoe to drop and am preparing to buy the home my wife has always wanted. Nothing crazy, just a nice cozy home.
     
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  6. SBJJ

    SBJJ Gold Belt

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    Only used a bidet once. Not a bad experience
     
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  7. 1BillionTestsNow

    1BillionTestsNow Double Yellow Card Double Yellow Card

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    I am not a fan of Central banks.

    With that said, they are our only hope now, and we all just became a experiment in modern monetary theory.

    Inflation is coming. Not much we can do about that now.

    Hopefully a contracting economy will give us the relief we need in housing costs, and energy costs to offset some of the inflation that will arise.

    For the first time I'm glad our economic system is built on a bed of manipulation, and fraud. It is actually helpful that reality doesn't dictate economics right now.
     
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  8. tonni

    tonni 2019 Snitch of the Year

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    Did you quietly say my name while bideting yourself?
     
  9. FloridaCracker

    FloridaCracker Steel Belt

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    It’s alarming how many people live paycheck to paycheck.
     
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  10. SBJJ

    SBJJ Gold Belt

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    Was only able to get out......TON, before passing out
     
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  11. senri

    senri The belt that resides inside you

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    Do you want him to?
     
  12. bobgeese

    bobgeese Gold Belt

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    Yes sir.
     
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  13. bobgeese

    bobgeese Gold Belt

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    I’m a first timer.


    Pretty sure my body is NOT ready.
     
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  14. AlexDB9

    AlexDB9 Double Yellow Card Double Yellow Card

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    All one can do is stay calm and be prepared. The blame game isn’t going to help you with anything

    The only certainty here is in 9 months there are going to be a shit ton of babies
     
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  15. bobgeese

    bobgeese Gold Belt

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    Now you listen here sonny. I don’t know why you ain’t got no job, but now ain’t them time fer lecturin, it’s time fer, helpin.


    But seriously, take the boiler job. In the next week learn everything you can about doing baseboard heating with modern pex tubing plumbing.

    You cut off the old line after the boiler. Put a sharkbite (you need to look up their product, push together plumbing) connector on, attach it to the new Pex tubing. All splits and connections are done using push together parts and little metal crimps.

    You can do the rest of the study yourself, but my point is this. If you go in there at least knowing SOMETHING, maybe you’ll be useful to keep around. All the other plumbing in the house works with this as well, but it’s too much to study this quick. Learn hydronic baseboard heater install using Pex plumbing, crimps, and sharkbite connectors.


    Good luck.
     
  16. SBJJ

    SBJJ Gold Belt

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    Best to you brother and I think you are doing the right things.
     
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  17. Bloody Pulp

    Bloody Pulp Gold Belt

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    I started collecting bottle caps Weeks ago
     
  18. bobgeese

    bobgeese Gold Belt

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    Shit if anybody is prepared here it’s you. You must die laughing when people complain one week into the apocalypse.
     
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  19. Armbars

    Armbars Beast Mode

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    Went out and got 9 house plants, some big some small.
    Figured it will be therapeutic at a time like this.
     
  20. SBJJ

    SBJJ Gold Belt

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    Wonder how hard it would be to take equity out of your house at the moment. I'm assuming it would probably be tough.

    I predict a haircut of at least 30% for housing in the near term
     
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