posted on Oct, 30 2008 @ 12:43 PM
I'm in the rural Minnesota area, for work were up for the year but we usually do well in hard times, however the amount that were us has been
sliding this last month but were still up.. just not 15% or more..
Health insurance is skyrocketing, and next year the company says no low deductible will even be a option at any price.. so we only have the high
deductible available , with a deductible of 8 grand!!! and still costing 200 bucks a month..
Now for city dwellers where incomes for the same profession is 50% higher it may not seem bad, but in rural Minnesota the pay scales are much less
than and city location, i could double my income by working in a city. However i like rural life ... good for the stress levels.
As for credit.. get credit card offers every fricken day, even get pre-approved loans and home equity applications weekly.. its insane..
I dont see andy credit issues, however i see inflation starting , prices onthe daily stuf seem to creap up every time i go into a store.. that and
other tricks, for instanc i had a box of pasta from 3 months ago, bought a new box, same price, the box is 30% smaller by net weight.. yep they not
only increase prices there reducing what you get for the price.
Needless to say pasta keeps forever, so I'm stocking up on stuff that stores very well, because inflation is expected to make everything double with
in a yer with the current economic situation.
As for other effects.. my slef and my parrents are making plans and stockpiling what we can for the event of a depression, grandma said this looks
like what she say back in the 30's, and sadly she had it pretty good in the depression they had work and income and she said they were one of the
lucky families that had income.
So has it effected me, yes I'm doing everything i can to prepare for whats to come. But i have not seen any major happenings yet, but think they will