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Re: Is the Coronavirus affecting you

Posted: Fri May 15, 2020 4:49 pm
by Sandy
colonialgirl wrote:
Fri May 15, 2020 3:58 pm
I cashed out 1/2 of mine as well Sandy. We have tried over the last couple of years to keep about a thousand dollars cash in the house. That ice storm years back frightened me- no ATMs, no gas pumps -no banks with power - so that was when we started. I decided to double it for now. It is well hidden and the location is in a letter to my niece just in case.

Do I think banks will fail - probably not. But I am going to hedge against it. The White House is so clueless and understaffed that I have no idea what could happen - so I am trying to prepare for as many possibilities as possible.

I am sure I sound like some whack job prepper, but I swear I am not. We are just average people who dislike uncertainty and deprivation and are trying to avoid it. I don't want to survive a nuclear attack or a zombie apocalypse, but I would like to make it through an economic downturn or a pandemic.
The WH has no thought for "we, the people". Therefore, it is up to us to do our best to have a plan in place in case any of those things which seem so impossible become possible. I, too, was scared during the ice storms (and we had one or two a winter for a few years in a row). I made it to the grocery store once the highway was cleared to one lane and there was a generator in the back of a pickup keeping the freezers/meat counter at the proper temp. I still remember how cold the rest of the place was.

Re: Is the Coronavirus affecting you

Posted: Fri May 15, 2020 7:32 pm
by LWolfT
Just saw that JC Penny filed for bankruptcy.

Re: Is the Coronavirus affecting you

Posted: Fri May 15, 2020 7:40 pm
by Quilter51
That's been coming for a looooonnnnggg time.

Re: Is the Coronavirus affecting you

Posted: Sat May 16, 2020 12:22 am
by Jackielou
LWolfT wrote:
Fri May 15, 2020 7:32 pm
Just saw that JC Penny filed for bankruptcy.
Saw that as well.

Re: Is the Coronavirus affecting you

Posted: Sat May 16, 2020 7:00 am
by Dgflorida
Gyms are supposed to open here in Florida although it isn't clear how. Probably those with personal trainers will get in first.

Re: Is the Coronavirus affecting you

Posted: Sat May 16, 2020 2:14 pm
by clemencia2us
Some more clothing stores will be closing and people in my small county are upset

They are blaming it on the virus and the shut down orders.

But these same stores were on their last legs even before. The Bealls store was being bought out by Gordmans and now that is not going to happen.

JCPenney has been in trouble for years.

Not everyone keeps up with these things. Heck even one of my siblings went to Bealls to shop. She wondered why it was closed. Hello - not essential. It was funny. :mrgreen: