Home › Forums › Financial Markets/Economics › The writing is on the wall!
- This topic has 430 replies, 27 voices, and was last updated 15 years, 10 months ago by Djshakes.
-
AuthorPosts
-
January 25, 2009 at 12:22 AM #335802January 25, 2009 at 3:45 AM #3353144plexownerParticipant
just in time supply
something to understand about our supply system is that almost everything is based on ‘just in time’
the premise is that any business can get what it needs just in time to use it – no need to stockpile anything
that means businesses keep about a three day supply of goods on hand – as long as the system keeps working, this minimal supply of goods makes sense from a business perspective – don’t have to provide as much storage space for ‘excess’ goods, don’t have to pay for the ‘excess’ goods that are going to sit on a shelf, etc
the problem comes when / IF the system stops working
if, for some reason, the supply chain stops working, we have a three day supply of goods and then that is it – no more bread, milk, baby food, diapers, etc sitting on the shelves at the grocery store (or Costco)
even our government is encouraging us to stock enough food and water to sustain ourselves for two weeks – the push for this came after Katrina and Rita
~
after a dog, shotguns are the best home defense weapon
January 25, 2009 at 3:45 AM #3356394plexownerParticipantjust in time supply
something to understand about our supply system is that almost everything is based on ‘just in time’
the premise is that any business can get what it needs just in time to use it – no need to stockpile anything
that means businesses keep about a three day supply of goods on hand – as long as the system keeps working, this minimal supply of goods makes sense from a business perspective – don’t have to provide as much storage space for ‘excess’ goods, don’t have to pay for the ‘excess’ goods that are going to sit on a shelf, etc
the problem comes when / IF the system stops working
if, for some reason, the supply chain stops working, we have a three day supply of goods and then that is it – no more bread, milk, baby food, diapers, etc sitting on the shelves at the grocery store (or Costco)
even our government is encouraging us to stock enough food and water to sustain ourselves for two weeks – the push for this came after Katrina and Rita
~
after a dog, shotguns are the best home defense weapon
January 25, 2009 at 3:45 AM #3357264plexownerParticipantjust in time supply
something to understand about our supply system is that almost everything is based on ‘just in time’
the premise is that any business can get what it needs just in time to use it – no need to stockpile anything
that means businesses keep about a three day supply of goods on hand – as long as the system keeps working, this minimal supply of goods makes sense from a business perspective – don’t have to provide as much storage space for ‘excess’ goods, don’t have to pay for the ‘excess’ goods that are going to sit on a shelf, etc
the problem comes when / IF the system stops working
if, for some reason, the supply chain stops working, we have a three day supply of goods and then that is it – no more bread, milk, baby food, diapers, etc sitting on the shelves at the grocery store (or Costco)
even our government is encouraging us to stock enough food and water to sustain ourselves for two weeks – the push for this came after Katrina and Rita
~
after a dog, shotguns are the best home defense weapon
January 25, 2009 at 3:45 AM #3357554plexownerParticipantjust in time supply
something to understand about our supply system is that almost everything is based on ‘just in time’
the premise is that any business can get what it needs just in time to use it – no need to stockpile anything
that means businesses keep about a three day supply of goods on hand – as long as the system keeps working, this minimal supply of goods makes sense from a business perspective – don’t have to provide as much storage space for ‘excess’ goods, don’t have to pay for the ‘excess’ goods that are going to sit on a shelf, etc
the problem comes when / IF the system stops working
if, for some reason, the supply chain stops working, we have a three day supply of goods and then that is it – no more bread, milk, baby food, diapers, etc sitting on the shelves at the grocery store (or Costco)
even our government is encouraging us to stock enough food and water to sustain ourselves for two weeks – the push for this came after Katrina and Rita
~
after a dog, shotguns are the best home defense weapon
January 25, 2009 at 3:45 AM #3358424plexownerParticipantjust in time supply
something to understand about our supply system is that almost everything is based on ‘just in time’
the premise is that any business can get what it needs just in time to use it – no need to stockpile anything
that means businesses keep about a three day supply of goods on hand – as long as the system keeps working, this minimal supply of goods makes sense from a business perspective – don’t have to provide as much storage space for ‘excess’ goods, don’t have to pay for the ‘excess’ goods that are going to sit on a shelf, etc
the problem comes when / IF the system stops working
if, for some reason, the supply chain stops working, we have a three day supply of goods and then that is it – no more bread, milk, baby food, diapers, etc sitting on the shelves at the grocery store (or Costco)
even our government is encouraging us to stock enough food and water to sustain ourselves for two weeks – the push for this came after Katrina and Rita
~
after a dog, shotguns are the best home defense weapon
January 25, 2009 at 7:43 AM #335344socratttParticipant[quote=barnaby33]The end is nigh, repent. The sun will not stop shining, the water will more than likely not stop flowing and we will not wake up penniless in the land that our fore-fathers conquered.
We are however going to be a fair amount poorer overall, and those at the bottom end of the spectrum will take the brunt as they always do. Its good to prepare for contingencies, but if things get as bad as this thread intimates, you are going to need guns and salt, not gold.
Josh[/quote]
Josh, there is chance that water could stop flowing. The infrastructure in this country that handles our water supply will soon have issues of its own as the west continues to feel the pain of a drought. Many will wake up penniless, don’t think that is not possible. As unemployment rises and the value of the dollar drops many will experience pain in this country. Think about the amount of people that live paycheck to paycheck in this country. If the job is gone and the price of goods continues to move up with inflation, I can only imagine what will occur in this country.
Do I live my life in fear? Of course not! Preparing for an earthquake is much different than preparing for a catastrophic economic event. I have a wife and child that I support along with a few family members that are currently struggling. I want to them to all be prepared for what could happen. I don’t have a clue what will happen, but I think the assumption that things will get harsh in this country is probably a safe assumption. Those that choose to ignore the facts will get blindsided, there is no doubt about that!
January 25, 2009 at 7:43 AM #335669socratttParticipant[quote=barnaby33]The end is nigh, repent. The sun will not stop shining, the water will more than likely not stop flowing and we will not wake up penniless in the land that our fore-fathers conquered.
We are however going to be a fair amount poorer overall, and those at the bottom end of the spectrum will take the brunt as they always do. Its good to prepare for contingencies, but if things get as bad as this thread intimates, you are going to need guns and salt, not gold.
Josh[/quote]
Josh, there is chance that water could stop flowing. The infrastructure in this country that handles our water supply will soon have issues of its own as the west continues to feel the pain of a drought. Many will wake up penniless, don’t think that is not possible. As unemployment rises and the value of the dollar drops many will experience pain in this country. Think about the amount of people that live paycheck to paycheck in this country. If the job is gone and the price of goods continues to move up with inflation, I can only imagine what will occur in this country.
Do I live my life in fear? Of course not! Preparing for an earthquake is much different than preparing for a catastrophic economic event. I have a wife and child that I support along with a few family members that are currently struggling. I want to them to all be prepared for what could happen. I don’t have a clue what will happen, but I think the assumption that things will get harsh in this country is probably a safe assumption. Those that choose to ignore the facts will get blindsided, there is no doubt about that!
January 25, 2009 at 7:43 AM #335756socratttParticipant[quote=barnaby33]The end is nigh, repent. The sun will not stop shining, the water will more than likely not stop flowing and we will not wake up penniless in the land that our fore-fathers conquered.
We are however going to be a fair amount poorer overall, and those at the bottom end of the spectrum will take the brunt as they always do. Its good to prepare for contingencies, but if things get as bad as this thread intimates, you are going to need guns and salt, not gold.
Josh[/quote]
Josh, there is chance that water could stop flowing. The infrastructure in this country that handles our water supply will soon have issues of its own as the west continues to feel the pain of a drought. Many will wake up penniless, don’t think that is not possible. As unemployment rises and the value of the dollar drops many will experience pain in this country. Think about the amount of people that live paycheck to paycheck in this country. If the job is gone and the price of goods continues to move up with inflation, I can only imagine what will occur in this country.
Do I live my life in fear? Of course not! Preparing for an earthquake is much different than preparing for a catastrophic economic event. I have a wife and child that I support along with a few family members that are currently struggling. I want to them to all be prepared for what could happen. I don’t have a clue what will happen, but I think the assumption that things will get harsh in this country is probably a safe assumption. Those that choose to ignore the facts will get blindsided, there is no doubt about that!
January 25, 2009 at 7:43 AM #335785socratttParticipant[quote=barnaby33]The end is nigh, repent. The sun will not stop shining, the water will more than likely not stop flowing and we will not wake up penniless in the land that our fore-fathers conquered.
We are however going to be a fair amount poorer overall, and those at the bottom end of the spectrum will take the brunt as they always do. Its good to prepare for contingencies, but if things get as bad as this thread intimates, you are going to need guns and salt, not gold.
Josh[/quote]
Josh, there is chance that water could stop flowing. The infrastructure in this country that handles our water supply will soon have issues of its own as the west continues to feel the pain of a drought. Many will wake up penniless, don’t think that is not possible. As unemployment rises and the value of the dollar drops many will experience pain in this country. Think about the amount of people that live paycheck to paycheck in this country. If the job is gone and the price of goods continues to move up with inflation, I can only imagine what will occur in this country.
Do I live my life in fear? Of course not! Preparing for an earthquake is much different than preparing for a catastrophic economic event. I have a wife and child that I support along with a few family members that are currently struggling. I want to them to all be prepared for what could happen. I don’t have a clue what will happen, but I think the assumption that things will get harsh in this country is probably a safe assumption. Those that choose to ignore the facts will get blindsided, there is no doubt about that!
January 25, 2009 at 7:43 AM #335872socratttParticipant[quote=barnaby33]The end is nigh, repent. The sun will not stop shining, the water will more than likely not stop flowing and we will not wake up penniless in the land that our fore-fathers conquered.
We are however going to be a fair amount poorer overall, and those at the bottom end of the spectrum will take the brunt as they always do. Its good to prepare for contingencies, but if things get as bad as this thread intimates, you are going to need guns and salt, not gold.
Josh[/quote]
Josh, there is chance that water could stop flowing. The infrastructure in this country that handles our water supply will soon have issues of its own as the west continues to feel the pain of a drought. Many will wake up penniless, don’t think that is not possible. As unemployment rises and the value of the dollar drops many will experience pain in this country. Think about the amount of people that live paycheck to paycheck in this country. If the job is gone and the price of goods continues to move up with inflation, I can only imagine what will occur in this country.
Do I live my life in fear? Of course not! Preparing for an earthquake is much different than preparing for a catastrophic economic event. I have a wife and child that I support along with a few family members that are currently struggling. I want to them to all be prepared for what could happen. I don’t have a clue what will happen, but I think the assumption that things will get harsh in this country is probably a safe assumption. Those that choose to ignore the facts will get blindsided, there is no doubt about that!
January 25, 2009 at 8:18 AM #335354Chris Scoreboard JohnstonParticipantIf anyone cares to look through my posts a few weeks back you will see that I was the only person in here that said the dollar would rise, it has. It will continue to do so due to long term cycles in place as well as shorter term seasonals.
As for the comments on guns, a thousand rounds? That is complete hogwash. The first time I ever shot a gun it was at someone who was trying to break into our home. I was 15 years old, I saw someone throwing his shoulder into our front door to try and break loose the chain. I ran into the room where my dad had his gun, grabbed it stuck it through the opening between the door and the opening that was still being held although barely by the chain and fired 3 times. Unfortunately I missed the guy I have no idea how but I did, my aim was lousy at that point.
I then ran out the door after opening it and fired the rest of the rounds at his car as he flew down our driveway. It could not have been easier, it was just pure instinct. Maybe everyone would not react that way but to say you are a danger if you have not fired a thousand rounds is general statement and ludicrous. I will agree with one thing though, and I taught this in martial arts classes, never take a weapon out if you are not immediately prepared to use it. It will get turned against you if you hesitate. Some people will never be prepared no matter how much they train.
To this day I wish I would have hit him. My aim is very good now so I won’t miss if something like that ever happens again. I also have 700 lbs of dogs backing me up now in case I do miss.
Let’s hope things do not come to that but I am prepared if they do. I am also personally prepared to help people in need if and when I can.
January 25, 2009 at 8:18 AM #335679Chris Scoreboard JohnstonParticipantIf anyone cares to look through my posts a few weeks back you will see that I was the only person in here that said the dollar would rise, it has. It will continue to do so due to long term cycles in place as well as shorter term seasonals.
As for the comments on guns, a thousand rounds? That is complete hogwash. The first time I ever shot a gun it was at someone who was trying to break into our home. I was 15 years old, I saw someone throwing his shoulder into our front door to try and break loose the chain. I ran into the room where my dad had his gun, grabbed it stuck it through the opening between the door and the opening that was still being held although barely by the chain and fired 3 times. Unfortunately I missed the guy I have no idea how but I did, my aim was lousy at that point.
I then ran out the door after opening it and fired the rest of the rounds at his car as he flew down our driveway. It could not have been easier, it was just pure instinct. Maybe everyone would not react that way but to say you are a danger if you have not fired a thousand rounds is general statement and ludicrous. I will agree with one thing though, and I taught this in martial arts classes, never take a weapon out if you are not immediately prepared to use it. It will get turned against you if you hesitate. Some people will never be prepared no matter how much they train.
To this day I wish I would have hit him. My aim is very good now so I won’t miss if something like that ever happens again. I also have 700 lbs of dogs backing me up now in case I do miss.
Let’s hope things do not come to that but I am prepared if they do. I am also personally prepared to help people in need if and when I can.
January 25, 2009 at 8:18 AM #335766Chris Scoreboard JohnstonParticipantIf anyone cares to look through my posts a few weeks back you will see that I was the only person in here that said the dollar would rise, it has. It will continue to do so due to long term cycles in place as well as shorter term seasonals.
As for the comments on guns, a thousand rounds? That is complete hogwash. The first time I ever shot a gun it was at someone who was trying to break into our home. I was 15 years old, I saw someone throwing his shoulder into our front door to try and break loose the chain. I ran into the room where my dad had his gun, grabbed it stuck it through the opening between the door and the opening that was still being held although barely by the chain and fired 3 times. Unfortunately I missed the guy I have no idea how but I did, my aim was lousy at that point.
I then ran out the door after opening it and fired the rest of the rounds at his car as he flew down our driveway. It could not have been easier, it was just pure instinct. Maybe everyone would not react that way but to say you are a danger if you have not fired a thousand rounds is general statement and ludicrous. I will agree with one thing though, and I taught this in martial arts classes, never take a weapon out if you are not immediately prepared to use it. It will get turned against you if you hesitate. Some people will never be prepared no matter how much they train.
To this day I wish I would have hit him. My aim is very good now so I won’t miss if something like that ever happens again. I also have 700 lbs of dogs backing me up now in case I do miss.
Let’s hope things do not come to that but I am prepared if they do. I am also personally prepared to help people in need if and when I can.
January 25, 2009 at 8:18 AM #335795Chris Scoreboard JohnstonParticipantIf anyone cares to look through my posts a few weeks back you will see that I was the only person in here that said the dollar would rise, it has. It will continue to do so due to long term cycles in place as well as shorter term seasonals.
As for the comments on guns, a thousand rounds? That is complete hogwash. The first time I ever shot a gun it was at someone who was trying to break into our home. I was 15 years old, I saw someone throwing his shoulder into our front door to try and break loose the chain. I ran into the room where my dad had his gun, grabbed it stuck it through the opening between the door and the opening that was still being held although barely by the chain and fired 3 times. Unfortunately I missed the guy I have no idea how but I did, my aim was lousy at that point.
I then ran out the door after opening it and fired the rest of the rounds at his car as he flew down our driveway. It could not have been easier, it was just pure instinct. Maybe everyone would not react that way but to say you are a danger if you have not fired a thousand rounds is general statement and ludicrous. I will agree with one thing though, and I taught this in martial arts classes, never take a weapon out if you are not immediately prepared to use it. It will get turned against you if you hesitate. Some people will never be prepared no matter how much they train.
To this day I wish I would have hit him. My aim is very good now so I won’t miss if something like that ever happens again. I also have 700 lbs of dogs backing me up now in case I do miss.
Let’s hope things do not come to that but I am prepared if they do. I am also personally prepared to help people in need if and when I can.
-
AuthorPosts
- You must be logged in to reply to this topic.