Is Our Economy Going To Crash?

[frustratedearthmother]

HA! I have thought the same from time to time, lol!

 

[frustratedearthmother]

Well, I love working in the yard, and with the critters - but since the computer is usually in an air conditioned environment - I won't complain too much about that!

 

[NH Homesteader]

I just worry that the other 99% is smart enough to find us, because it is evident that we are better prepared. So I'll stop short of wishing for that!
But I do feel the same way. My husband and I have given up a lot of what other people see as "normal" so that I can stay home with our daughter and take over the daily primary farm duties (I can't do fencing alone though!) and he works for himself most of the year, and then works at a skiway in the winter. So we usually make our own hours and do things when we want to.
I just wish I had known I wanted to live like this before I went to college and grad school. I would be very happy to dispose of those horrid student loans!

 

[baymule]

I had to retire to be able to play on my farm. Actually, I call it retirement, but I quit my job in March 2012 to care for my Mom because she had a stroke and had to move in with us. She died last year on Father's Day. My husband retired when we moved here February 2015. We work hard, but we love what we're doing. We get hot, soaked with sweat, caked with dirt and exhausted. Life is good.

I don't want a hard crash, but a crash is inevitable. We can't continue on this way. I posted a very lengthy read about Petro Dollars, which will heavily contribute to the collapse of our economy and may lead to hyper inflation, but it looks like no one is reading it. It is several articles that lays it all out and if you didn't understand how things worked before, you will after you read this. We could very well be pushing a wheelbarrow of money to buy a loaf of bread--or just make our own but you get the picture.

http://www.sufficientself.com/threads/collapse-of-the-petrodollar.15010/

 

[MoonShadows]

Hey @baymule...

"We work hard, but we love what we're doing. We get hot, soaked with sweat, caked with dirt and exhausted. Life is good.". Can you ask for anything more? I love it!!!!

"I posted a very lengthy read about Petro Dollars" I saw it, but it will take time for me to go through it. I will reply; you can be assured of that.

I have often said our golden years will be anything but "golden" by today's standards, but by creating the lifestyle we want, we will be quite content no matter what the world brings to our doorstep.

 

[NH Homesteader]

Oh I will also be reading it... But I can't do it until a night exists where my 3 year old goes to bed and I have any brain function left.

Same with me my masters degree hasn't done much for me. I worked in my field (education) for 4 years and couldn't take it any more. I learned one thing, I don't want my daughter in public school. My husband, who has no degree, is far beyond capable of doing anything on a farm. He can build anything, fix any engine, butcher any animal, he knows how to garden... And has no debt. Let's just say I have better advice for my daughter.

 

[MoonShadows]

Both of us were in education, on the high school level. I taught for 27 years. My SO has been teaching for 38 years and plans to leave in 2 years. We both taught in Catholic schools. Much less pay than public schools, and terrible pensions. We both went to college because we were told "if you don't go to college, you will never succeed." My friends who didn't go into college, but went into trades, made much more money, are already retired, and have much less debt than we do. Not complaining...just wish I hadn't bought that "bill of goods", and grateful that I changed my thinking before it was too late.

 

[NH Homesteader]

Ah yes. I taught elementary and middle school, special education. Loved the kids. Hated the politics, paperwork, etc. I wanted to go get an associates degree in a medical field. Should have. Oh well...

 

[baymule]

Daughter and her husband are both teachers with the expected debt load. They both love teaching, it is their calling. Daughter has 2 Masters and has started on PHD. Son is licensed to operate 7 different cranes, works all over the place and makes major $$$. He finally broke down and bought a brand new F350 4WD in January and had it paid off by June. He worked crappy jobs, on the bottom of the pile until her had a chance to get schooled (company paid for it) for cranes.

 

[NH Homesteader]

Ahh... I dream of having a tractor! Haha. Well our house will be paid off in 6 years (10 year mortgage, yes!) so then we may be able to buy things like tractors. And boy could we use one!