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Are you ready?
Tuesday January 15, 9:26 am ET
By Martin Crutsinger, AP Economics Writer
Wholesale Prices Rise in 2007 by 6.3 Percent, Largest Amount in 26 Years
WASHINGTON (AP) — Wholesale inflation last year shot up by the largest amount in 26 years while retailers suffered their worst December shopping season in five years as mounting economic woes caused consumers to put away their wallets.
The Labor Department reported that wholesale inflation was up 6.3 percent for all of 2007, reflecting a huge increase for the year in various types of energy costs ranging from gasoline to home heating oil.
Meanwhile, retail sales fell by 0.4 percent in December, the worst showing in six months, the Commerce Department reported. Consumer confidence has plunged, reflecting the worsening housing slump and a lingering credit crisis.
-Do you know how to skin a deer? Do you know how to sew? Can you handle a shotgun or a rifle? Do you have one around? Do you drive a diesel–something you can run on vegetable oil if fuel is scarce. Do you remember all the stories your Grandparents used to tell you about the Depression…
3 Responses to “Are you ready?”
No, kinda, no, no, no for the first things. However, I do know how to grow my own food. And I have been saving seeds from all the things I grow. And, I didn’t lose my great grandparents until about 8 years ago. They still had cash buried in their backyard and had kept books of rations just in case of another depression. My grandmother was young during the depression but does remember a few things.
I am in a city right now, but I always imagined that during an economic crisis I would make it back home to Alabama. My dad owns guns and deer roam around the backyard occasionally. My grandma and my parents still grow food gardens every year, it seems to be a family tradition.
I’m ready. I grew up spending summers on a farm in the mountains of Virginia. I learned how to garden, hunt, cook, cooper, and smith. I also know how to make corn whiskey. Bring it on.
I’ve got 6 months worth of dried beans, cornmeal, dry milk, flour, salt, peanut butter and assorted other things stored in the basement. It won’t be fancy but it will do. I also have about 1000 rounds of ammo and assorted delivery devices from .22 to 12 ga. just in case.
Crap. I grew up in cities. Only dead deer I’ve ever seen were on roads.
I can sew buttons and patches. Never been comfortable with firearms (may have had something to do with my drinking…) I do know how to make biodiesel, but still possess a gasoline powered auto. I do have a bicycle…hell, I’m fucked.