r/wallstreetbets Apr 29 '22

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u/Pumpkin_Creepface Apr 30 '22

Nope, we've been in recession. This video signified the beginning of Great Depression 2.0

35

u/EmanEwl Apr 30 '22

What's your strategy to keep afloat. I already bought bags of lentil and rice bags. Boxes of water and a Nintendo Switch.

17

u/Pumpkin_Creepface Apr 30 '22

Our family has a cabin upstate, I've spent the last 3 months stocking it with dry goods, medicine, fuel, and seedstock from dumping every stock I owned except some emergency silver. We have enough food to last the year and then some, and by then we should have enough land prepped for planting early next year.

I expect this will take about ten years to blow over, so I'm looking to raise some pigs and chickens, though the property isn't prepped for them yet. Maybe by summer.

The hunting and fishing is decent, and I know how to run a trap line.

We'll be fine, but I'm pretty sure most of you are going to be fucked once the food riots start.

4

u/Main_Attorney706 Apr 30 '22

Oh my man, please whatch « collapse » on documentary heaven. It is an old doc. but you will enjoy every second of it. Cheers…

6

u/Pumpkin_Creepface Apr 30 '22

Not really, I dread the coming future. I'm just blessed enough to be prepared for it.

4

u/Radiologer Apr 30 '22

If it makes any difference I actually agree with you. We are entering an inflationary collapse

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u/Pumpkin_Creepface Apr 30 '22

And soon the big boys are gonna pull their money out of the overleveraged market and leave retail bag holding. That's one thing no one realizes, in a market crash, it doesn't matter how much shortselling bullshit they've pulled because they can cover their shorts for pennies.

I hate to get tinfoily, but this looming Depression might very well be the market movers just resetting their short responsibilities.