The Dow, NASDAQ and S&P hit lows today and everyone is freaking out. I have heard the release language that the web-bot predicted and they were spot on once again. It is so obvious that we are in for a ride.
A nice lady that was trying to recruit me for the financial services industry called me to try to hook me in. I politely told her in exasperation that I think I would be crazy to go into this industry and I personally don't believe it will recover, at least not for a long time. I also politely stated I think we are in for a depression and I am going into loan mods for the immediate future as my job selling vacations is sunk. I also gave her some mainstream resources that I have posted on previous posts on this site so I could help her. I now am out of denial and completely awake about this reality. I told this nice woman that the only thing that I would sell regarding commodities is gold.
A few minutes after this conversation, I myself couldn't believe these words were coming out of my mouth, but decided to forget it. I thought I sounded like a Y2K paranoid freak which I told myself along time ago I would never do. I then turned on Mad Money with Jim Cramer and he was sounding more paranoid than myself and stated we are headed straight for a depression. I am not such a lunatic after all. I have never seen him like this ever. It was kind of surreal which is becoming the norm anyhow. Here is the link to the Mad Money segment I am talking about (I swear I will learn to hyperlink this on blogspot soon) http://www.cnbc.com/id/27826519 but for now copy and paste this into your browser. THIS LINK IS IMPORTANT TO READ AND WATCH THE VIDEO.
I no longer care if people say I am forecasting gloom and doom, I still have hope and I know that our current state of affairs are not working anyway. I am committing myself to emailing my family and friends my blog to pass around as we need to be real about the current state of affairs and discuss what to do about it. My whole family has been hit with layoffs and downsizing. I know many people already hurting and in trouble but for the rest of the bunch that is still busy shopping, it does not hurt to see the big picture. I was still selling and making money when the writing on the wall started taking form. I am now going to help people restructure there mortgages in hope for them and for my family's hope for a brighter future but even this may not work six months from now. At any rate, if I do well, we will buy a cheap farm and some pigs and a generator, if not we will be in the same boat as millions of people and we will be part of the on-going saga. I vote for the former.
What are you going to do to wake up??? What would happen if you lost your job today? What would you do for your fellow man that loses his? If hyper-inflation hits next year and the dollar becomes worthless, what contigancy plans do you have? Will we stick together or will we become selfish trying to save our own skin? I know I have had so much help already in my recent tragities but I have to help myself. Sink or swim time here. What would you do if a depression did come and everything does change? I hope I am wrong and hey the market might even rally a few times but I think by next summer if not sooner we are all in for the ride of our lives. Bottom line, get medicine, store food, water, get a farm if you can. Talk about options. Buy some gold. This blog is my something right now...what is yours?
Over three weeks ago there were over 900 applicants for 45 jobs at Cosco. My fiance got a job after applying at over 72 places. I have a BA, A real estate licence and am a published author with over 15 years of sales experience. Selling at best buy won't cover the bills for us so I am having to go to commissioned based sales. The problem is there are very few industries where people are buying. Check out the port of Long Beach and see the thousands of cars not moving off of the port. I know people are losing there houses and I am lucky enough to have experience and a chance to help them out but what about the people who have had cushy jobs forever and are in a nitch position that is hard to find in this economy. When these types of jobs are gone we are going to need a lot of Jack Daniels and a warm fire on the beach. Our tax money is going to the big guys flying lear jets and they will be in luxury condo's on the beach. I bet people will be pissed then.
What do you think?
Nikki
A Declaration About December 21, 2012
12 years ago
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