Total Economic Depression

[Mullenite]

Coming Economic Depression ???

We are hearing from people all over the country that believe we are heading for a total economic depression,worse than the 1930's, between now and August of this year.

Old timers will have a better handle dealing with this should it happen than the "baby boomers".

Steps we are hearing that should be taken are:

!) move out of big cities to the country or mountains

2) buy heirloom seeds ONLY so that you can have a secure food supply. Buy books on how to save back seeds after end of crop.( All other seeds are hybred and are sterile to try to save seeds off of)

3) buy things now that you will need that will no longer be available because of bank closure. ( No money no supplies)

4) Store lots of food

NOTE: Pat Robertson said on the 700 Club that a WORLDWIDE economic depression is coming and it will be worse than the '30"s.

Other sources are saying the same, economists and conservative media.


I am passing this information on to you.

Idaho Eagle Forum

Younger people being prepared....

My personal experience is that families whose parents are younger than 35 years old, will simply not prepare. Those that are 35 years older to 45, are slightly better. Those that are 45 years old and over, are usually better prepared.

Move to the country ....

In my opinion, moving to the country would be a bit pre-mature. I think there is safety in numbers no matter where you live. Further, disasters of all types happen everywhere, even in the country ... just look at all those wildfires that happen in the rural country.

Food and seed storage ...

Its always a good thing to be prepared.

Pat Robertson ....

I dont recognize any authority from Pat. However, its always interesting to hear what people outside the church say. In my opinion, if a person has followed the church teachings, has a 72 hour kit, has food storage, put their house in order, & be spiritually prepared, they will get through economic situations, even the 2nd coming of Christ.

[a-train]

Whether we have a major 1930's style depression this year or not, we need to remove all the debts and financial obligations we can from our load of burdens and build up a food storage and a savings.

For many, a sudden attempt to pay off debts and build a food storage over the next few months would be futile. Even with drastic lifestyle changes, they would not have the sufficient income to pay off debts and build the food storage. A national trend in that direction would only induce such a depression.

I think it is important to first begin living within our means. This may include lifestyle changes for many. What is very important is that we teach our children these things. They must live within a budget. Do NOT bail them out with extra cash all the time. My wife, I love her dearly, continues to receive support from her mom and dad. She is always at her budget limit and lives in fear of being broke.

She has never had to live within a budget. When I married her, she was a college graduate still living off of her parents. She feels angry at me often when I do not fund off-budget expenses. After a discussion, her anger turns to fears about our family's future income. She says: 'If we can't even afford X now, how are we going to pay for college for our kids?'

My answer angers her: 'Because we didn't spend their tuition on X.' It is a trial in our marriage for me to have to be the person that keeps our family on a budget. She admitted that she feels a high, a feeling of excitement, when shopping. I wish her parents had financially kicked her to the curb at 18. I was on that curb at 9.

My mother married my father straight out of her parents home. When he died only 7 years later leaving her a widow with three children at age 25, she was not ready to budget for her family. In spite of the insurance money and the sale of my father's business which amounted to a small fortune at that time, we were virtually penniless within 2 years.

Consumerism has become a powerful weapon in the devils hand. Its main victim is the family. Parents enslave themselves and their children to provide the consumer wants of the children in an effort to please them. Children learn at a young age that they can throw fits and be discourteous to get what they want from their parents. This is the subsidization of the destruction of healthy familial relationships.


EVERY member of the family must be on a budget and must be allowed to make decisions about their budget. When they make poor decisions they must be allowed to go without. This can be very trying when whatever is gone without is an essential.

But that is the damning nature of consumerism. People buy things that aren't necessary and then need assistance to buy what is. We go into debt or ask for hand outs to get what is necessary. The family members go to dad and say: 'But we need toilet paper!' Dad then puts it on the card. How did this happen? The toilet paper money was spent at the movies.


Consumerism is endless. It will constantly be there to demand more than what we can afford. The prophets have long warned us of this, and many of us are waiting for a message in Conference that will give us a deadline. It was already said in Conference a long time ago. It is because we know not the deadline that NOW is the time.


-a-train

[Jbs2763]

dude, we aint technically in a RECESSION yet....(recession is 6 CONSECUTIVE months of NEGATIVE economic growth) we have not even had one month as of yet witih NEGATIVE growth, yes, we are in a slowdown, but not a recession

"The news media has accurately predicted 32 of the last 2 recessions." Zig Zigglar

[erichazelle]

A few years back, President Hinckley and others in the priesthood chain counseled us to avoid debt and not go into risky mortgages. We see now the wisdom and inspiration of that counsel. I'm a lifelong member; I've never seen a prophet's words vindicated so quickly and obviously. Truly, "We Thank Thee O God for a Prophet". My guess, from this precedent, is that if we need to move to the country or save heritage seeds or whatever, we'll be told that's what we must do. In the meantime, live providently, let cooler heads prevail, and stay tuned for inspired counsel.

[MorningStar]

Some people say we're making the recession happen just because it has been predicted, so we're spending less out of fear of the recession.

[skalenfehl]

President Hinckley admonished this back in '98. I don't believe we'll hit a depression. We're definitely going through a rut but this, too, shall pass as all seasons do. Whether by man's own device or the Lord's intervention, man goes through seasons of plenty and seasons of want. We go through a continual separation of wheat and tares. The question is are we learning from it!? We need to learn to live within our means and not do what the government does--spend more than is coming in and borrowing beyond our means. It has been a good lesson for me and I shared my testimony about it, including President Hinckley's talk about what we're now going through:

Testimonies » LDS Mormon Network

Has anyone read "The Richest Man in Babylon"? That is a great book on how to save and spend your money wisely and reinforces the need to live on less than we earn so that we always have money to put aside for the future. Those who can live on a minimal amount of what they earn will always have something saved against the times of need. It is one of the best books I will ever have read in my life. If you can spare $7, buy it!! The fictitious stories are in the form of small tales/parables set in ancient Babylon:

The Richest Man in Babylon

One thing I should note is that one tenth that I earn goes to tithing. Period. After that, I follow the principles in this book.

Here's someone's report of the book that might help you along. If you can spend 7 bucks plus a little shipping, this book is seriously worth it. It will literally change your thinking about the money you earn and the money you spend. Anyone (with discipline and time) can become wealthy.

Chapter 1 The Man Who Desire Gold | Success Through Balance ©


Of course you can't go wrong either with: Provident Living Home

[Mullenite]

From a friend:

I don't want to create panic in anyone. The group that this is sent to is interested in the topic, researching, and hopefully, already making preparations for hard times so I don't think they will go into panic mode. I don't think we will see a mass exodus into the country because most people are not in a position to do so. There are however, obvious advantages to living in a place that you can store and/or produce food and live providently, wherever that may be--city or country.
Forwarding From another acquaintenance:

Subject: Re: Fw: Coming economic depression ????



Hello Arlene,

Thanks for forwarding the opinions of a variety of people around our area. I hope that my opinion will likewise be shared.

I think we need to be careful promoting the idea that we are headed for a depression that would be worse than the 1930's. If nothing else, it creates hysteria, which actually promotes and prolongs a depression. We saw this in the 30's and I believe we should learn from history.

Before I'm accused of not backing the gold standard, having my head in the sand because of the sub-prime mortgage situation, or not recognizing many of the other issues we are running into with our economy, I want to say that I also believe we are likely headed for more difficult economic times. However, to say that everyone should be moving out of the cities into the countries or mountains is, in my opinion, ludicrous and misguided.

Although I would enjoy debating the merits of my opinion, an e-mail is not the place to do so. I would only like to say that most people would agree that God loves city people just as much as those in the country; therefore, I'm confident He will find a way to watch over us independent of our living circumstances. Nonetheless, if everyone were to run into the country from the city, wouldn't that make our countries cities?

Terrell Sweat



"J WYNN ARLENE ANDERSON"
04/10/2008

[Mullenite]

Coming Economic Depression ???

We are hearing from people all over the country that believe we are heading for a total economic depression,worse than the 1930's, between now and August of this year.

Old timers will have a better handle dealing with this should it happen than the "baby boomers".

Steps we are hearing that should be taken are:

!) move out of big cities to the country or mountains

2) buy heirloom seeds ONLY so that you can have a secure food supply. Buy books on how to save back seeds after end of crop.( All other seeds are hybred and are sterile to try to save seeds off of)

3) buy things now that you will need that will no longer be available because of bank closure. ( No money no supplies)

4) Store lots of food

NOTE: Pat Robertson said on the 700 Club that a WORLDWIDE economic depression is coming and it will be worse than the '30"s.

Other sources are saying the same, economists and conservative media.



I am passing this information on to you.

Idaho Eagle Forum

[skalenfehl]

You already said the same thing in the first post. The General authorities have already told us repeatedly how to prepare for times of need and they have done so for a very long time. What is Pat Robertson or anyone else saying that we already don't/shouldn't know?

Be prepared and fear not!