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Old 12-28-2013, 05:48 PM
 
2,305 posts, read 2,390,286 times
Reputation: 1546

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Although, I was lucky not to be directly affected (i.e. have a job, lose investments), I have learned to do without many things: buy a "less well appointed" car, go only sparingly to the movies, buy less clothes, eat out much less often.

I look for high quality and haggle on the price, even in chain stores.
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Old 12-28-2013, 08:07 PM
 
1,343 posts, read 2,659,927 times
Reputation: 416
Quote:
Originally Posted by Yuptag View Post
What have you learned from the current economic collapse?
Re balance my investments portfolios to buy more equities. buy more stocks while price is low.
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Old 12-28-2013, 08:10 PM
 
1,257 posts, read 3,672,029 times
Reputation: 941
I learned.... Nothing!!!!!

Ok ok, I just wanted to yell out like Michael Scott from the Office.

But seriously, I learned to be careful and budget accordingly.
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Old 12-28-2013, 08:43 PM
 
12,999 posts, read 18,794,920 times
Reputation: 9236
That you never know how bad things can get. And especially, there are important things in life besides work.
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Old 12-28-2013, 08:46 PM
 
Location: CA
1,716 posts, read 2,488,066 times
Reputation: 1870
How looooooooooong and sloooooooooow a recovery can be.
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Old 12-28-2013, 09:01 PM
 
Location: Chandler, AZ
5,800 posts, read 6,535,494 times
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^^^Especially with an administration as incompetent and fixated on Keynesian policies as this one is.

Guess they didn't learn anything from FDR's era, did they?
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Old 12-28-2013, 09:11 PM
 
58,566 posts, read 1,986,140 times
Reputation: 1234
I have learned that the US Federal Reserve will stop at nothing to keep the current banksters in charge. The Fed will even spend tens of trillions US dollars bailing out Eurozone banks ... just to keep the current house-of-cards from collapsing. The Fed knows no limits. The Fed will blow endless bubbles even if doing so destroys the real economy.
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Old 12-28-2013, 09:33 PM
 
Location: Jamestown, NY
7,840 posts, read 9,140,847 times
Reputation: 13779
What "current economic collapse"?

A serious recession does NOT equal an economic collapse.
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Old 12-28-2013, 09:40 PM
 
Location: Vallejo
21,605 posts, read 24,753,085 times
Reputation: 18853
That the world keeps going. For an economic collapse, my investments have done quite well.
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Old 12-28-2013, 10:11 PM
 
Location: Suburbia
8,793 posts, read 15,231,892 times
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Quote:
Originally Posted by Linda_d View Post
What "current economic collapse"?
.
I was wondering the same thing.
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