We just cancelled our anniversary trip in December. Also dropped a fishing trip in may. Cant justify a trip to Kansas when fuel is this much and I can fish here...Those gas prices are starting to get a little crazy.
Just curious, has anybody's answers changed over the last 4 days?
I agree as if it hits its going to hurt like 2008, it'll just be something else that causes the hurt.
Meals ? I never understood why guys figure meal prices into their hunting trips, like don't you have to eat at home too ? or do you only eat when your on hunting trips ?
Fair enough. But most of what I eat is what I've grown between beef and pork and a garden. I'm talking about paying more out of pocket
The current housing situation is unsustainable. It simply can not hold and at some point the market will have to correct... When and why??? But it will hurt... The bigger concern is the longer we allow our current path to continue (inflation, supply chain, restriction on domestic oil production, etc.) the higher the cliff.... In the meantime the fed has yet to really do anything, except keep printing money and giving it to big banks. There is a push to move everyone to digital currency and move the US dollar away from a petro basis. Simply put the suffering and hurt is just starting and at some point we end up over the cliff... When it happens??? Maybe we already went over and just have not realized it yet...
Yes, I've taken all the North American waterfowl species diy except for the Black Duck, King and Common Eider. Never been to the Northeast.
My buddy went to Boston and got his eiders there too.
Fracking changed the economic dynamics of energy. Over a decade ago a strong case was made that any increase in oil prices was at worst a wash and probably a small net positive to the US economy in total because we were producing so much hydrocarbons and thereby employing so many people. That really hasn't changed. All an increase in prices does is changes the allocation. Money that would have discretionary income spend on dinning out going to the movies or a new pair of jeans is now spent on fuel. To the total GDP of the US, it doesn't matter because it all gets counted.Exactly. It’s everything that moves by truck, train, or plane. The more $ people spend on fuel the less there is for anything else. Even if someone lives in a city and takes public transport the $ they spend on anything that is shipped affects them too. Like it or not our economy is based on the price of fuel. Whether it drops or rises fast the ripple effects carry a long ways out. A sharp increase like we’ve had recently could create a tsunami that wrecks a lot of things in the near future.
The fed slows inflation by raising interest, which slows borrowing. So let’s say I can’t afford my vehicles, toys etc. there’s gonna be less people out there in the market to buy them, price drops. Ripple effect. I’ve heard a lot of “experts” saying this is so much different than the 08’ housing bubble. Is it really? When the train runs outta steam going uphill it picks up speed going backwards downhill fast.
I’m almost always wrong though so nobody should worry.
I understand that it will be different. I just don’t put faith in a balance sheet. From the time I put one together and what actually happens could vary 20-40% up or down. Now I know people that do t have inventories of grain or livestock is different. But a good balance sheet and a bad one can be only a few % off.
