Tuesday, August 25, 2015

Crash Advice

It probably is a good idea to stock up on essentials, if you haven't already done so.  Just in case. 

This from today's Independent:

A former adviser to Gordon Brown has urged people to stock up on canned goods and bottled water as stock markets around the world slide. 

Damian McBride appeared to suggest that the stock market dip could lead to civil disorder or other situations where it would be unreasonable for someone to leave the house.

“Advice on the looming crash:

No.1: get hard cash in a safe place now; don't assume banks and cashpoints will be open, or bank cards will work,” he tweeted.

“Crash advice No.2: do you have enough bottled water, tinned goods and other essentials at home to live a month indoors? If not, get shopping. 

 “Crash advice No.3: agree a rally point with your loved ones in case transport and communication gets cut off; somewhere you can all head to.”

Source:  Independent UK

22 comments:

Devorah said...

Close of trade today
Dow-588.47 15,871.28 -3.58%

There it is again: 358 - gematria Moshiach

yaak said...

Nice!

Serious Bible Student said...

I don't understand how do you get 358 588

Franco said...

Prepare your best garments to greet Moshiach. The World is going to surrender to the truth and to God very quickly.

Devorah said...

It says -588 and down -3.58 percent

The 888 was from Friday.

Anonymous said...

Amen!!!

Luiz Felipe - S.P. - Brazil

Anonymous said...

Isn't Sukkot just around the corner meaning isn't it a tad late to fill the storehouse in lieu of the heavens on the cusp of invading those Nations opposed to earth

Genoism said...

Stocking up on food and stuff is like saying you don't trust in hashem to take care of you....you do what is reasonable, not go nuts assuming you are who takes care of yourself best.

All those yeshivas where the bachurim are isolated from news like this - you think hashem will let them and their families starve to death because they weren't glued to the news? Be real.

Devorah said...

I'm not saying to build a bunker and go underground with supplies for a year. Just be prepared for emergencies, should they arise. Keep cash on hand if you can, who knows what's going to happen with the banks? Just look at Greece as a recent example.

Genoism said...

Greece is a great example, the people somehow managed to survived with zero prep.

Anonymous said...

Asian stock markets recover amid wild swings after Wall Street slump. What happened over the last few days is called an adjustment.

Devorah said...

I'd call it a warning.

Sarah said...

Everybody just wants it to be over.

Anonymous said...

Remind me about your financial advisory background?

Devash said...

Good catch!

Devash said...

Everyone has been advised by the rabbanim in Eretz Yisrael to keep two weeks supplies on hand at all times. People seem to forget.

Devash said...

Received this interesting bit in a comment...

"Soon we will start hearing about a miraculous 'rebound' due to the central bank rigging of the market and will most likely see a short term rally because of said rigging, but as we saw from the last few months in China, not only will it not last, but when it is all crashes it will crash fast and hard."

Rigging the Market

- a voice in the wilderness

Devorah said...

Anonymous @ 9:45pm - Thank you for the sarcasm. Read Devash's comment. If you want financial advice, go to the aptly-named Economic Collapse Blog.

Devorah said...

[quote] markets tend to go up when things are calm, and they tend to go down when things get really choppy. During a market meltdown, we fully expect to see days when the stock market absolutely soars. Waves of panic selling are often followed by waves of panic buying. As you will see below, six of the ten best single day gains for the Dow Jones Industrial Average happened during the financial crisis of 2008 and 2009. So don’t be fooled for a moment by a very positive day for stocks like we are seeing on Tuesday. It is all part of the dance. Read more at
During Every Market Crash There Are Big Ups, Big Downs And Giant Waves Of Momentum

Leah said...

Respectfully, Genoism, I disagree. It is not a lack of emunah. Rather, it is a hungry belly that growls and needs to be fed while a potential looting and rioting situation takes place.In those circumstances one does not want to be in a supermarket if and when food stamp cards are cut short and hunger persists.
There is lack of emunah and there is simple precaution for the preservation of life and the two are different. Yaakov prepared for war; he davened ; he sent gifts. The act of sending gifts and preparing for war were not seen as a lack of emunah.
All the best

Devorah said...

Best Advice for Investors

Anonymous said...

The last message from Binyamin said: "...there is about to be the most difficult economic collapse, and it all goes together, together with the takeover. They're waiting exactly for the moment at which they want to take control and then it's exactly the time for them to bring down the economy, because the economy was already capable of falling for very many months now, but they're strengthening it until the moment at which they want to take control."

- a voice in the wilderness