Are you prepared for recession? - AKA 2008 Electric boogaloo

[Glowie]

I'll make this brief US federal reserve gave 5,4 inflation instead of usual 4%
To make things different from 2008, China is in financial crisis after clamp down on big tech, education sector and factories closing down en masse for one reason or another, mostly moving to other countries, their real estate bubble and floods that happen every other Tuesday that cause hundreds of billions in damages and leaves thousands displaced and homeless, making the economic situation even worse.

It's only a matter of time until 2008 hits globally.

Are you guys prepared?

 

[Agent Abe Caprine]

Yes. I have two months of coffee.

 

[Niggernerd]

Need to stock up on cigarettes, canned potato and beef stew, one silly straw, food for my pets, coffee and more cigarettes

 

[Dysnomia]

I was such a poor fuck that I didn't even notice the last one.

 

[Aqua Panda]

I'm better diversified than 2008 and wouldn't lose as much money as most. (I'm a minimalist that hates debt and intentionally keeps myself able to uproot.) I'm actually waiting for the housing market to cool a bit to swoop in and buy a nicer house. 2008-2012 was a fantastic time to buy real estate in hindsight.

However, 2008 never really ended for many people. Housing has grown crazily out of reach for many people. I distinctly hate just how badly we're being pushed into being a renter society. That is going to cause a lot of problems down the line.

 

[X Pac Heat]

I'm old poor and have been stockpiling canned and dry goods for like a year.

I'll have a good run at it.

 

[Tingle]

No.

My dad fucked my entire family into debt and my entire life has been clouded by that and so many modern fears I don't even register this shit anymore.

 

[Billy Beer]

I'm ready willing and able.

I've saved up a few quid and I'm ready to buy a second house and if I'm lucky and the house prices plummet enough, maybe two, maybe. Sorry not sorry that I'll be making a few more quid on renting over the next five years.

 

[Solid Snek]

Yeah, I'm used to be being broke anyways. I've got no debt, and I have a decent nest egg of useless fiat currency to float on; once that's no longer worth the wheelbarrow I've got in, I also have a garden, some chickens, and a nice salt-water fishing spot across the street. My wife's happy to sit at home all day, her family's pretty large and sticks together, and I've got no real compunctions against eating human flesh, if and when it comes to that. I've also got my DD-214, so when the warlord's armies roll through, I can tell them "I can be useful! I'll help you round up slaves for the Skull-King's Pleasure Fortress".

So long as my ISP doesn't bork itself, I'm good to go. Bring it on.