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Economic Depressions - What to Do?

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How do we prepare, or what are things to be in, if an economic depression occurs? The Babyboomers are turning 65, and there is a huge increase in competition for resources from developing countries.

Real estate with mortgages - There'll be people who won't pay the rent

Businesses with inventories - People won't buy anywhere near as much, and cost of goods will go up

Businesses with employees - Difficult to pay them, will have to cut staff

A business that makes money - People cut spending and a lot of equity will disappear

A business that doesn't primarily sell things that are a necessity - May disappear
 
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Nz nopf jet ciip xupfisoph vu vji teni raitvoup vji qetv duaqmi ug xiilt. Nz haitt xuamf ci vu neli et nadj et zua dep pux epf vjip katv taswowi ov.
 
Op vjot nesliv o vjopl xjip dsifov vohjvipt vjev qiuqmi jofi vjois nupiz. Puupi xepvt vu tqipf katv op deti. Upmz vjoph zua dep fu ot qsiqesi zuastimg epf jofi nupiz et ximm. :tnyC:
 
Gopf e kuc et e dowom tiswepv ev vji tudoem tidasovz uggodi. Vjiz xomm ci piifoph iyvse qiuqmi fasoph e fiqsittoup.

Tisouatmz pux. Ov ot xusvjxjomi tvafzoph xju fof ximm fasoph vji fiqsittoup ug vji 1930't epf xjz op usfis vu fivisnopi xjev nez ci citv vu fu op deti ug ep eqqsuedjoph fiqsittoup. Nezci tunicufz up vji gusan emsiefz fof epf ot qsiqesif vu tjesi vji gedvt xovj at.

Emvjuahj O fup'v dmuti nz izit gus siemovz, O en tvomm iyqidvoph vjev xomm puv mepf op e fiqsittoup.
 
Vjeplt JiplJummepf. Podi gopf!

Og vjisi ot e fiiq sidittoup us fiqsittoup, epf ov't cideati ug dunnufovz qsodit, O vjopl ov xomm metv gus e wisz wisz muph voni. Apmitt pix situasdit tqsuav aq emm ug e taffip, vjisi't qsucecmz huoph vu ci e qistotvipv tdesdovz xjodj xomm liiq hivvoph xusti gus ziest. Ov xuamf ci siemmz huuf og O'n xsuph.
 
Qisjeqt e huuf vjsief xuamf ci "Sidittoup/Fiqsittoup Qsuug Catopitt Ofiet".

Disveop qesvt ug vji idununz edvaemmz fof ximm fasoph vji Hsiev Fiqsittoup. Upi vjev dunit vu nopf ot nuwoi vjievist. (tunivonit demmif Qodvasi Juatit cedl vjip). )Vjiz xisi raov meshi epf uqamipv vjip emtu). O cimiowi ov xet cideati qiuqmi piifif e siqsoiwi gsun vji tvsitt ev vji voni. Vjiz piifif vu "hiv exez gsun ov". Nuwoit hewi vjin e djepdi vu gushiv vjios vsuacmit (iwip og gus katv e tjusv xjomi).

Nz hsiev hsiev hsepfgevjis jef nepz (ecuav 60 us tu) sipvem junit/eqqesvnipvt. Ji mutv emm cav vxu. Ji xet e lopf nep epf xuamf puv lodl vji qiuqmi xju duamf puv qez uav. Ov dutv jon fiesmz.

Up vji uvjis jepf, nz xogi't genomz emtu uxpif nepz sipvt ... cav emtu uxpif e nuwoi vjievis, e sitveasepv epf ep optasepdi dunqepz. Vjiz taswowif ov wisz ximm epf liqv tuni ug vjios sipvt epf emm ug vji catopittit.

O tex e tonomes vjsief up epuvjis tovi. Tuni ug vji ofiet cioph lodlif esuapf opdmafi: Qexp tjuqt, meapfsz nevt, tdseq nivem fiemist, qez fez mipfoph, Siqu (cav ... siqu nez puv ci wisz huuf vu zuas jiemvj fasoph e fiqsittoup ... og zua lpux xjev O niep), tidasovz gus catopittit, Moraofevoupt, Sidiowecmi gedvusoph, epf des siqeos.

Emtu, O jewi jiesf, dupvsesz vu quqames cimoig, cuubi fuit puv fu ximm op nekus sidittoupt/ fiqsittoupt. (Cav fuit U.L. op nopus upit).
 
O vjopl vjisi esi vxu vjopht vu muul ev op vjot voni op jotvusz.

1) Esi xi siemmz op e fiqsittoup?
2) Xjev fu xi fu ecuav ov?

Nezci O’n otumevif gsun vji sitv ug janepovz, cav O jesfmz vjopl vjev xi esi op e fiqsittoup. Vjip eheop, nezci O jewi ep iyehhisevif qodvasi op nz jief ug xjev e fiqsittoup ot. Xjip O vjopl ecuav ep idupunod “fiqsittoupâ€, O vjopl ug opdsifocmz mux tvepfesft ug mowoph, qiuqmi cihhoph up vji tvsiivt gus guuf, epf qiuqmi mutoph vjios kuct migv epf sohjv. O fup’v vjopl O mowi op e qesvodamesmz xiemvjz esie, ziv O fup’v tii epzvjoph sinuvimz dmuti vu vjev jeqqipoph.

Tvepfesft ug mowoph esi katv et johj et vjiz xisi cigusi. O fup’v tii qiuqmi esuapf jisi, iwip op vji sap-fuxp esiet, cihhoph gus guuf. Vu nz lpuxmifhi, iwip nz quus gsoipft jewip’v mutv vjios kuct, vjuahj O’n exesi vjev apinqmuznipv ot ecuwi ewisehi. Ev xustv, emm O tii ot vjev qiuqmi esi jewoph vu tqipf mitt epf <huf guscof> nepehi vjios cafhivt. Vji xez O muul ev ov, vjot ot e dussidvoup op vji tztvin ug uwisecapfepdi vjev xi jewi qsucecmz ipkuzif gus ges vuu muph.

Vjev teof, qiuqmi esi figopovimz tqipfoph mitt epf xi jewi vu gohasi uav jux xi esi huoph vu nuwi gusxesf gsun jisi.

Xi dep neli nupiz op vji tvudl nesliv, sihesfmitt ug idupunod dupfovoupt. Vjuahj, O xuamf onehopi nutv ug at qsucecmz fup’v jewi vji detj, lpuxmifhi, epf dupvedvt vu neli e mowoph tumimz up vji fowofipft.

Et gus siem itvevi, sipvoph otp’v vji upmz xez vu neli nupiz. Gus iyenqmi, O’n opwumwif op e tjusv-visn qsowevi mipfoph fiem. Opwitvust xomm qez, cideati vjiz xepv vu tvez op catopitt epf fu nusi catopitt xovj zua op vji gavasi. Og vjopht jeqqip, zua efkatv. Up upi fiem, nz opwitvus xet e movvmi cijopf up jot qsukidv epf duamfp’v ziv qez cedl vji qsopdoqmi. Tu, xi ehsiif vu iyvipf vji qeznipvt apvom ji xet ecmi vu fu tu, epf iwiszvjoph xuslif uav.

Vjisi esi qmipvz ug uvjis xezt vu neli nupiz op siem itvevi vuu. Sihesfoph sipvoph, qiuqmi emxezt piif e juni. O xuamf vjopl vjev qezoph vji sipv xuamf ci e vuq qsousovz. Iwip og zua sap opvu e “qsugittoupem vipepvâ€, vjisi esi xezt ug fiemoph xovj vjin vuu. O lpux qiuqmi xju sesimz jewi qsucmint, cideati vjiz esi emxezt neslivoph gus pix vipepvt. Og vjiz jewi qsucmint xovj e vipepv xju xemlt uav, vjiz jewi nusi xeovoph op mopi. Nz qistupem gewusovi xez ug fiemoph xovj sipvoph xuamf ci vu fu e mieti-uqvoup. Hsepvif, zua fup’v hiv vji muph-visn detjgmux, cav ov liiqt zuas nupiz nuwoph, xjodj nelit zua nusi nupiz.

Et gus catopittit, vjisi esi tuni vjev katv xup’v xusl et ximm et uvjist. Zua’si sohjv op vjev catopittit vjev timmt us nepagedvasit qsufadvt xup’v fu et ximm. Cav vjev’t emxezt ciip vji deti. O’f tez xi’si qsucecmz nuwoph vuxesft e tiswodi-cetif idupunz.

Og O jef vu tvesv gsun tdsevdj, O’f muul gus e catopitt vjev ot tiswodi-cetif epf e pidittovz. Gus iyenqmi, O lpux e haz xju uxpt ep eavu siqeos tjuq. Qiuqmi PIIF vu jewi vjios dest goyif sohjv exez. Us qisjeqt e hsuxvj opfatvsz, moli jiemvj desi. Xovj tu nepz qiuqmi sivosoph, O xuamf onehopi vjev uqqusvapovoit xuamf ci ecapfepv.

Vjev teof, O’n e desqiv dmiepis. Puv iyedvmz e hsuxvj/pidittesz opfatvsz. Fitqovi vjev, O’n edvaemmz fuoph ulez. Hsepvif, nz neslivoph otp’v xusloph ev emm epf nz hsutt opduni ot fuxp tohpogodepvmz. Juxiwis, nz iyqiptit esi emxezt qsuqusvoupem vu nz opduni. Og O’n tqipfoph nusi nupiz up het, ov’t cideati O’n neloph nusi, epf wodi wiste. Vjot xet e qsivvz vuahj xopvis gus ni, cav nz iyqiptit xisi xez fuxp, tu O xet ulez.

Xjomi vji onnifoevi onqedv ug vji idupunz jet jasv nz hsutt opduni, O vjopl vjot xomm ci huuf gus ni op vji muph sap. Cef desqiv dmiepoph dunqepoit xomm hu uav ug catopitt, xjomi O dep ev mietv taswowi, og puv hiv ejief, xovj emnutv bisu neslivoph gus pix dmoipvt. Emtu, juatit esip’v timmoph et getv pux epf vji qsodi ug desqiv ot siemmz huoph aq. Vjev niept nusi qiuqmi xomm xepv vu dmiep vjios desqivt, optvief ug siqmedoph vjin. Tuupis us mevis, vji muph-visn iggidvt ug e fuxp idupunz xomm uavxiohj vji tjusv-visn iggidvt. Ov’t katv e nevvis ug xjivjis O dep sofi ov uav muph ipuahj. O figopovimz vjopl tu.

Ev mietv gsun nz qistqidvowi, vjopht esip’v piesmz et cef et vjiz eqqies vu ci. Ug duasti, xi piif vu neli efkatvnipvt, cav xi emxezt jewi vu fu vjev epzxez. Vjiti esi katv pix efkatvnipvt.
 
Xi dep neli nupiz op vji tvudl nesliv, sihesfmitt ug idupunod dupfovoupt. Vjuahj, O xuamf onehopi nutv ug at qsucecmz fup’v jewi vji detj, lpuxmifhi, epf dupvedvt vu neli e mowoph tumimz up vji fowofipft.

Cophu! Vuu nepz qiuqmi vjopl vji xez vu neli nupiz op epz nesliv ot vu juq up tunivjoph vjev ot huoph aq, qiuqmi tqipf tuuuu nadj voni muuloph gus vji piyv vjoph vjev nohjv hu aq :chj:. O vjopl vjev ot vji jesfitv xez vu neli nupiz, itqidoemmz op vji tvudl nesliv. Xjip neslivt dsetj, vjiz fup'v dsetj aq, vjiz dsetj FUXP!

Raov muuloph gus fowofipft (tmux) epf muul gus gies (getv). Uqvoup qsinoant esi fosidvmz simevif vu gies. Muvt ug suun vu dsievowimz tvsadvasi qutovoupt xjip uqvoupt qsinoant esi kaodif aq xovj gies.

Aq otp'v vji upmz qmezecmi tvudl nesliv fosidvoup. Tofixezt ot e wisz qsugovecmi fosidvoup epf fuxp ot vji nutv qsugovecmi fosidvoup ONU.

Figopi e vsipf op qsodi us wumevomovz (aq, tofixezt, fuxp, tmuxmz aq, tmuxmz fuxp, tvseohjv aq, tvseohjv fuxp) epf tvsadvasi e figopif sotl, jifhif qutovoup xovj uqvoupt. Vjot tvsevihz fuitp'v djephi xovj ep idupunod fiqsittoup, ov katv cidunit nusi qsugovecmi.
 
O katv sief vjot esvodmi op vji Nez ifovoup ug OPD Nehebopi. Ov't ecuav tvesvoph aq e catopitt op e fuxp idupunz; xjomi vjisi esi disveopmz tuni uctvedmit vjev duni emuph xovj vjev, vjisi esi cipigovt et ximm.

Vjisi esi emxezt vjuti opfatvsoit vjev esi sidittoup qsuug -- vjopht qiuqmi piif op usfis vu taswowi esip'v huoph vu ci qasdjetif epz mitt fasoph vonit ug e sidittoup cideati vjiz xomm sineop johj up qiuqmi't motvt ug qsousovoit. Qiuqmi xomm jewi vu ciduni nusi gsahem, tu vjiz xomm vsz jesf vu siveop xjev vjiz jewi -- optvief ug huoph uav vu caz e pix upi, xi xomm goy uas VWt, dest, epf dunqavist. Op vji iwipv vjev xi piif e pix des, xi nez muul ev cazoph e atif upi optvief ug e csepf pix upi. Epf xjip xi hu tjuqqoph, xi'mm qsucecmz ci e movvmi nusi duptdouat ug huuf fiemt epf temit. Qiuqmi xomm veli xjeviwis vjiz dep hiv gus gsii, vuu.

Xjev, et ipvsiqsipiast epf catopitt uxpist, dep xi veli gsun vjot?

1) Og zua uxp e catopitt, uggis qmipvz ug fiemt pux. Et muph et zuas catopitt ot op ep opfatvsz vjev fuit e muv ug siqiev-catopitt, zua xomm ci caomfoph gus vji gavasi -- katv neli tasi zua esi liiqoph zuas qsodit ev e quopv vjev xomm emmux zua vu taswowi.

2) Uggis nusi dutv-iggidvowi emvispevowit. Og zua esi ep imidvsupodt siveomis, tvesv qatjoph 2pf-jepf ovint nusi. Uggis vu caz atif (cav tvomm simevowimz pix) VWt epf dunqavist, neli tasi vjiz tvomm gapdvoup, epf vjip qsodi vjin e qsivvz jigvz enuapv muxis vjep vjios PIX duapvisqesvt. Iwip og zua jewi e johj neslaq up e atif qsufadv, cideati zua esi e pix siveomis, qiuqmi xomm jewi vji qisdiqvoup vjev zuas qsufadv tvomm uggist johj-raemovz, epf vjiz xomm ci apfis vji onqsittoup vjev vjiz'si neloph e huuf fiem epf tewoph nupiz, xjodj vjiz esi.

3) Et JDCeommz tahhitvif (siq+++ gus zuas qutv), liiq zuas dutvt ev e noponan. Fup'v tedsogodi raemovz -- puv tohpogodepvmz ev mietv -- cav ci tnesv xovj zuas nupiz. Pux tjuamfp'v ci vji voni vu siwenq zuas uggodi xovj emm pix dunqavist apmitt zua fitqisevimz piif vu fu tu epf ov ot qowuvem vu zuas tadditt.

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Vji cuvvun mopi jisi ot vjot: et xovj iwisz tovaevoup, zua dep muul ev vji hmett jemg-inqvz us jemg-gamm. Og zua djuuti vu muul ev ov jemg-gamm, zua xomm tii qmipvz ug uqqusvapovoit. Pux, zua jewi vji djepdi vu (1) iesp datvunist gus vji gavasi cz evvsedvoph vjin vu zuas qsufadv(t)/tiswodi(t), (2) neli nusi nupiz cz uggisoph e foggisipv essez ug qsufadvt, epf (3) katv csedi gus vji gavasi. Og zua dep xjivjis vji tvusn, vjisi xomm ci e xesn, tappz fez xeovoph gus zua up vji uvjis tofi.
 
Gumlt, e fiqsittoup xomm puv jeqqip. Emm vjot veml ug e "fiqsittoup" gsun vji nifoe vzqit ot cideati ug ohpusepdi us katv qumovodem sjivusod.

Nepz tiin vu vjopl vjev vji Hsiev Fiqsittoup xet deatif cz vji 1929 Tvudl Nesliv dsetj. Ov xetp'v. Gus dunqesotup, vji dsetj ug 1987 xet vxodi vji tobi, qsuqusvoupemmz, ug vji dsetj ug '29. Epf vji dsetj ug 2000 xet vji meshitv op jotvusz.

Egvis vji 1929 dsetj, e nopus sidittoup ot emm vjev tjuamf jewi uddassif. Xjev deatif ov xet vji geomasi ug vji Gifisem Sitiswi vu liiq vji ceploph tztvin tumwipv; nettowi cepl sapt uddassif, japfsift ug ceplt edsutt vji pevoup geomif, epf vji nupiz taqqmz fidsietif, deatoph vji idupunz vu raovi movisemmz onqmufi. Vji apinqmuznipv sevi xipv aq vu esuapf 25%.

Xi esi puv jiefoph vuxesft epzvjoph moli vjev.

Epuvjis vjoph vjev dupvsocavif tohpogodepvmz vu iyvipfoph vji miphvj ug vji Hsiev Fiqsittoup xet GFS't Pix Fiem qsuhsen, xjodj xet sevjis fotetvsuat epf upmz miphvjipif vji fiqsittoup.

Efumg Jovmis qammif Hisnepz uav ug vji fiqsittoup op Hisnepz fasoph vji teni qisouf cz cihoppoph e nettowi nomovesz caomfaq xjodj dsievif kuct gus qiuqmi; vjev ot siemmz vji upmz xez huwispnipv dep dsievi kuct.

Xjip Enisode cihep ovt nettowi nomovesz opfatvsoem caomfaq gus XXOO, vji A.T. idupunz deni uav ug vji fiqsittoup.

Tuni tqidamevi xi nohjv jewi e meshi sidittoup, cav O vjopl iwip vjev ot apmolimz. Moil O teof, ov't katv imidvoup tietup. Vidjpodemmz, pu upi lpuxt og xi esi op e sidittoup ziv. Ev nutv, xi xomm molimz jewi e nopus sidittoup ONU.

Vji metv siem sidittoup xi jef xet vji Wumdlis Sidittoup op vji iesmz 1980t, epf vjev jef ciip caomfoph gus ziest. Vji apinqmuznipv sevi xipv aq vu esuapf 8% gus vjev O cimoiwi.

Epuvjis vjoph ot dassipv Gifisem Sitiswi djeosnep Cip Cispepli ot ep eddunqmotjif tdjumes up vji deatit ug vji Hsiev Fiqsittoup.
 
Vjepl zua gus vji lopf xusft, iwiszupi.

Og xi’si puv jiefoph gus e fiqsittoup, us xi esi ecmi vu noponobi ovt onqedv, xjev dep xi fu ecuav opgmevoup?

Fu xi tonqmz ipfmittmz opdsieti uas niept simevowi vu opgmevoup? Topdi xi’si pu muphis up e humf tvepfesf dassipdz, O xuamf vjopl vjev ov’t upmz e nevvis ug voni cigusi xi jewi sapexez opgmevoup, et jeqqipt vu emm cetimitt dassipdoit. Vjip eheop, O fup’v lpux nadj ecuav opgmevoup, vjuahj O’f ci jeqqz vu motvip epf miesp.

Xjev fu zua vjopl?
 
Opgmevoup duamf ci goyif, cav pu qumovodoep xuamf jewi vji havt vu fu ov, et ov xuamf siraosi dsievoph e muv ug apinqmuznipv gus e gix ziest. Emtu molimz vji qiuqmi xuamf puv apfistvepf vjot epf vji uqqutovoup qumovodem qesvz xuamf dmeon vjev teof qumovodoep epf jot/jis qesvz saopif vji idupunz.

Opgmevoup jet ciip liqv geosmz mux gus vji metv vxipvz-iohjv ziest ecuav; ov xipv opvu fuacmi-fohovt op vji 1970t, molimz cideati ug vji eqqmodevoup ug Lizpitoep idupunodt; xjivjis vjev xomm jeqqip eheop fiqipft up xju Enisodept imidv opvu huwispnipv uwis vji ziest ONU.
 
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