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To: griswold3
During the Depression, many barter and script systems were set up.

Those with no debt did best. They were the new rich. The rest lost everything.

It would also be a good idea to acquire knowledge, a craft, right now as well. It could be the most valuable thing you own during hard times.

Instead of buying, pay of your debts. You'll be much better off because of it.

19 posted on 04/30/2009 4:26:43 PM PDT by concerned about politics ("Get thee behind me, Liberal")
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To: concerned about politics

“Those with no debt did best. They were the new rich. The rest lost everything.”

Debt slavery is no way to live.

I think it’ll be real interesting to see how this all works when people start getting in the habit of using cash instead of credit cards.


20 posted on 04/30/2009 5:14:49 PM PDT by RKBA Democrat (Lord Jesus Christ, Son of God, have mercy on me, a sinner!)
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