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The state of the economy at the street level

Last Saturday was a lot quieter than usual at my local. I'll be there again tomorrow collecting data and trying to single-handedly stop them going broke. :smuggrin:


not so much me , am forward-buying durables ( and hoarding where possible )

one has already decided no cash ( and i DON'T use plastic ) , so they are on their own
 
not so much me , am forward-buying durables ( and hoarding where possible )

one has already decided no cash ( and i DON'T use plastic ) , so they are on their own
As detailed previously on this forum I have done my food hoarding last year. I'm not a Mormon, but I thought their year's supply of food was not a bad idea.

I'm thinking that skilling up my blacksmithing skills may just come in handy... It might be a little bit backwards for a Christian but I'm thinking along the lines of "I shall beat their ploughshares into swords, and their pruning hooks into spears" (with apologies to Mr Isaiah) ;)
 
As detailed previously on this forum I have done my food hoarding last year. I'm not a Mormon, but I thought their year's supply of food was not a bad idea.

I'm thinking that skilling up my blacksmithing skills may just come in handy... It might be a little bit backwards for a Christian but I'm thinking along the lines of "I shall beat their ploughshares into swords, and their pruning hooks into spears" (with apologies to Mr Isaiah) ;)
am a big fan of the domino principle , and have a collection of odds and sods ( like my great uncles racing axe , a very nice and versatile tool )

probably need to hit the outdoor ( or better yet army disposal ) store , in case power outages are persistent ( or recurring )

time will tell if times simply get tough , or uncivilized as well

i might need to check for extra batteries for the night-vision device ( i already know the reputations of some of the neighbours , they don't always knock )
but will probably continue to accumulate , for trading purposes
 
As detailed previously on this forum I have done my food hoarding last year. I'm not a Mormon, but I thought their year's supply of food was not a bad idea.

I'm thinking that skilling up my blacksmithing skills may just come in handy... It might be a little bit backwards for a Christian but I'm thinking along the lines of "I shall beat their ploughshares into swords, and their pruning hooks into spears" (with apologies to Mr Isaiah) ;)
There's blacksmiths in Sydney teaching how to make a kitchen knife, group classes. About $500 per person. Not a bad racket for a chunk of metal and a piece of wood. Teaching the plebs is probably more profitable
 
There's blacksmiths in Sydney teaching how to make a kitchen knife, group classes. About $500 per person. Not a bad racket for a chunk of metal and a piece of wood. Teaching the plebs is probably more profitable

It's like that in everything hey. Trading being a prime example.... I wouldn't want a noob on my anvil, possibly (probably) denting it though.
 
It's like that in everything hey. Trading being a prime example.... I wouldn't want a noob on my anvil, possibly (probably) denting it though.
wouldn't it be easier to teach them how to identify a good knife ( tor your needs ) and just buy it ( or steal it it the world goes Mad Maxish )

you would be amazed at the knife abuse ( misuse ) i have seem oven 5 decades
 
wouldn't it be easier to teach them how to identify a good knife ( tor your needs ) and just buy it ( or steal it it the world goes Mad Maxish )

you would be amazed at the knife abuse ( misuse ) i have seem oven 5 decades
There is something about using your own knife you made to suit exactly your own biomechanics and how you like to work. I make my own paring knives... you can buy cheapies for about $40, but I'd have to charge over $200 each if I sold mine. Indeed the best knives are about that price point.


That guarantees the minimum of abuse.

But yeah I can completely trash a cheapie in about 6 months
 
I remember the old days when the big supermarket chains would get the floor space tape measure out and do the profit over measure. Good for profits but I watched my suburban Coles, Kmart and Woolies slash Franklins pack up shop and then some. Not saying this will happen in any area but the mall owner nearly went bust, story ends, big revival in that area now, construction industry saved the bill. Remedied by building new homes, selling parks to developer, those days are gone but not forgotten ... Next cycle please.
 
wouldn't it be easier to teach them how to identify a good knife ( tor your needs ) and just buy it ( or steal it it the world goes Mad Maxish )

you would be amazed at the knife abuse ( misuse ) i have seem oven 5 decades
Up skilling and education in weird skills is hot right now. A lot of these courses popping up.
 
population increase via immigration has it's bonuses but also it's costs

and sadly most Western governments aren't proactive enough to cope with the new citizens in a speedy matter .. you have increased demands for accommodation , health services , education and other infrastructure ( like energy and logistics )
 
Sounds as though the troops are getting restless, strikes as one would expect, seem to be increasing where cost of living pressures are increasing the most, Sydney, Melbourne, Brisbane, it wont be long before the other capitals join in .:2twocents

Hundreds of cars in union blockade at Brisbane Airport​

Travellers have experienced delays at Brisbane Airport as hundreds of cars take part in a protest amid claims female cleaners are being expected to work in male toilets while they are open for use.



 
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A friend of mine is in the hospital after emergency surgery, so for the first time in months I ventured out of my area, caught the train to Newtown Station and walked to Royal Prince Alfred via King Street.

Lots of new shops catering to consumption (food, bars, icecream etc) since I used to live in the area.

Lots of people walking around and eating and drinking, especially for a Sunday night.

Definitely gave me the urge to buy stocks.
 
A friend of mine is in the hospital after emergency surgery, so for the first time in months I ventured out of my area, caught the train to Newtown Station and walked to Royal Prince Alfred via King Street.

Lots of new shops catering to consumption (food, bars, icecream etc) since I used to live in the area.

Lots of people walking around and eating and drinking, especially for a Sunday night.

Definitely gave me the urge to buy stocks.
That's certainly borne out by the latest retail trade figures and I am still able to charge through the nose for remedial work and nobody is blinking.

The Rose and Crown is still pretty quiet on Saturday night however.

That said, Sunday at the Mundaring was chockers.
 
A lot of people have now run out of stashed money and are now barely covering week to week expenses.

Probably will start to see business collapse accelerate into the next few months.
 
A lot of people have now run out of stashed money and are now barely covering week to week expenses.
Yes , there is always those that say, it'll be fine, it'll work out.
Well even pay rises, only give the can another kick down the road, they just allow bad money managers to borrow more money.;)
Eventually someone pays, whether it is those who are in debt, or those who have saved, is yet to be seen IMO.
If it is those who saved, they get taxed more, if it is those in debt the value of the currency falls, to prop up the debt.:2twocents
 
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