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24945355 No.24945355 [Reply] [Original]

Already moved most of my assets to bitcoin/crypto and a meager amount of gold. Only got about 25k to my name.

Parents currently have 3 properties and my boomer mom still thinks that the housing market will keep going up. Hard to make her deal with the reality that housing here is overpriced for what it is actually worth and shit is going to hit the fan soon.

How many cans of peaches should i buy for the oncomingfood shortages? Also Heinz beans w/ maple syrup or just regular?

>> No.24945439

Some of the food I buy has gone up 66% in price in the last 18 months. Milk still costs the same though, thank the L-rd

>> No.24945485

>>24945439
Any tips on how to save? Been looking into buying massive bulk but only supplier i can find is sysco and i belive they obly do restaurants.

>> No.24945709

>>24945485
No idea bro. I just try my best to buy stuff on sale and I never eat out outside of special occasions. It's probably more cost-effective to buy in bulk from Costco or something but I don't drive atm and I really don't want to deal with stampedes of people especially during COVID. But I would wager that buying in bulk and making huge portions of stuff at a time from scratch is the best way to go about saving money. Just too lazy to get all the logistics sorted out honestly. Food runs me about $200 a month here in a metropolitan area just for myself , though I don't eat a lot though. Probably could cut it down even more with the aforementioned idea.

>> No.24945754

>>24945709
I feel ya, been thinking of getting a cosco membership. Only thingi have been doing is going to high end grocers at the crack of dawn and grabbing goodstuff thats 50% off. Saves a lot, but as shit starts gettig worse people will be thinking the same.
Hoping to just stock on a on of canned goods that can last me a good 6 months at the least. Big bag of rice is all i got so far. Poorfags life makes me feel like im back at college

>> No.24945941

>>24945754
Eh, living like a poorfag can be shitty but at the same time there will always be new things to complain about. I like the fact that I don't have to worry about money as much as I had to when I was on welfare but at the same time other parts of my life are in total ruin so I have to deal with that, etc.

>> No.24946674

>>24945941
I really don't mind it. Always been frugal and has served me well in comparison to my peers who are drowning in debt from school.

>> No.24946868

>>24945355
The fact that the Liberals are even entertaining the idea of raiding people's bank accounts to give away to people who will use the money on consoomerism to "fix" the economy after their stupid meme vitus is the final straw. Something so actually retarded and unheard of to fix a problem they themselves caused. Immediately started keeping an even lower ratio of fiat around for actual use incase they actually go through with such retardation.

Honestly there is probably no way of saving this ship. It won't be fast and USA might step in to "save" the day and delay things further. But it's going to happen in the next 30 years.

>> No.24946994

>>24946868
Unfortunaly you are probably correct, with the current mentality of both parties pointing towards socialist ideals and the ever increasing deficit I don't see how this will get better anytime soon.
Planning on just putting btc into a wallet and lasting through the storm.

>> No.24947121

>>24946868
Ya situation looks grim, will be interesting the next decade. Best not be in debt

>> No.24947467
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24947467

>>24946868
Excuse me wtf is are you talking about when was this said is there a link.

Wtf

>> No.24947508

>>24945485
Leaf Walmart routinely has 80% off deals on meat. Buy only what is on sale, buy in bulk, own a deep freeze.

>> No.24947576

>>24945485

Look into ethnic restaurant suppliers and Cash and Carry stores. I get most of my canned milk, sugar, grains, and cleaning supplies there. Cash and Carry shops vary since they either cater to convience stores and food stalls. Costco would be a better option if you want to pay for a membership. But unfortunately, the same problem you mentioned is happening too no thanks to people funnelling into Costco now that lockdowns are prolonged and constant.

If nothing works, you can line up at the food bank like everyone else or learn how to Fast.

>> No.24947644

>>24947467
https://www.bnnbloomberg.ca/ottawa-eyes-pre-loaded-stimulus-in-canadians-savings-accounts-1.1531766
https://www.thestar.com/politics/political-opinion/2020/12/01/want-to-save-the-economy-lets-start-with-the-150-billion-that-canadians-have-saved-during-the-pandemic.html?rf
A different article from a few weeks prior complaining about people not spending money rampantly as they got it:
https://nationalpost.com/news/politics/household-savings-in-canada-skyrocket-during-pandemic-as-ottawa-doles-out-billions-in-emergency-benefits
>Peoples savings accounts are universally rising because they don't want to go out and spend on dumb shit and the government expanded Unemployment to help people
>Government doesn't want to let the money printer go BRRRRR to much because someone, somewhere, understands money in the leftist government... somehow
>Government eyeing peoples expanded savings accounts as an easy source of money for a "stimulus" package for the economy instead of BRRRRRRR
>aka giving the money away for retards to consoom
>Will give fucking IOU's
>Whole article is them talking about peoples savings accounts like it's people "sitting on excess money" like a bunch of communist faggots
Btw BnnBloomberg is owned and run by Bell Media, if you're Canadian you know who that is. Not a meme source.

>> No.24947722

>>24947644
source on actually taking money out of bank accounts and providing IOUs? all I see is them discussing ways to encourage people to spend their savings

>> No.24947759

>>24945485
Real Canadian Superstore supplies bulk for restaurants but anyone can buy there. Haven't compared prices though.

>> No.24947844

>>24947722
There is none. It's made up. The comment is about convincing Canadians to spend and invest in the economic recovery, not to do something that would cause open revolt.

>> No.24947905

>>24947722
>>24947844
They're beating around the bush and won't outright say it in plain english. But the phrasing "looking for ways to unlock peoples savings" immediately red-flagged everyone everywhere who doesn't actively fellate the Liberal Party and there are blue checkmarks on twitter telling people to lock their savings down. The most notable being Pierre Poilievre.

It's unwise to keep fiat in CAD these days as it is anyways. Let alone with the government even in passing looking at peoples bank accounts and getting information from the banks as to rough estimates on savings.

>> No.24947941
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24947941

>>24947844
The way Freeland said it was pretty careless though. Asking for a way to (((unlock))) the preloded stimulus.

just make the RRSPs/TSFA (or whatever is the retirement one) withdrawals tax free/without penalties and you'd unlock a shitload of money to go into the economy.

>> No.24948027

Beans, Rice, Canned Sardines and Tuna, Potatoes, Apples, Bananas, Black tea, Oats, Jam, Peanut Butter. What else should I add for my pantry?

>> No.24948069
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24948069

>destroys Canada

Was he /ourguy/ all along?

>> No.24948076

>>24947467
There was a video of the fucking finance minister suggesting garnishing saving to pay for the pandemic....People already paid their taxes and she thinks this is ok. All people will do is move capital out of this country.
>>24947576
Cheers bro! Ill check it out, and already fasting ahaha. Been stocking on my adhd meds as well by not taking them everyday. kinda shit but best to prepare.
>>24947722
https://www.youtube.com/watch?v=HEc-mm9DftI&ab_channel=BNNBloomberg

>> No.24948091

>>24945355
this type of graph is misleading.
the y axis should start from 0

>> No.24948109

>>24947941
Only way to help the economy is to make investment easier and more profitable. Currently sitting at 50% capital income tax and chances are that will only go up after this.
What they should do is lower taxes and cut some public funding to stimulate the economy, but chances are they will double down and take more.

>> No.24948145

>>24948091
It is just a small part of the graph, it is only showing from 2016-2020.
https://tradingeconomics.com/canada/money-supply-m0

>> No.24948155
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24948155

>>24945485
If you come down south and help us fight off the darkies, we will give you all the cheap meat you want.

>> No.24948185

>>24948155
>civil war will make things cheap
Disruption to trade is not good for any supply/demand.

I feel for you guys dealing with commie fuckwits who want gibs, but the same goes with those of you who are just want the same for your group.
Both are socialist ideologies that oppose what the freemarket stands for.
Go back to your roots anon, remember the constitution and liberty.

>> No.24948225

>>24945355
Holy fuck nigger I will never forgive any Canadian that voted Liberal in 2019. I am getting so sick of these communist faggots and their memeshit.
I am going to just put fucking every single dollar I have into anything that fucks the government. TFSA maxed, once that’s capped, crypto and PMs.

Honestly fuck Canadians, saying that as a leaf. I will get my education here but I will drain the country if everything it can offer like it so willingly does for the rest of the world. I support western independence and I hope that shit happens because they don’t need to be dragged down by the sins of Ottawa.

>> No.24948246

>>24948225
Realized the same thing when my hometown voted for the fucking green party...

>> No.24948264

>>24948155
nu-k is cringe

>> No.24948288

>>24945485
Costco

>> No.24948319

>>24948246
Canada literally does not deserve to exist and it is getting worse. Even people from former communist nations are saying that they see the same shit happening in Canada that happened in their former iron curtain state.

We need real fucking problems again, I guess we’re going to get them one way or another.

>> No.24948397

>>24948319
Yup it is scaring the shit out of me. My gf, parents, and best bud don't see why I am so concerned about what the next 2 years hold. They keep saying I am being irrational but from the amount of studying i've done on economics, human behavior, socialism and the history of those 3 in the past 5 years makes me feel like we are really really fucking close to shitting the bed bad.

>> No.24949143
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24949143

>>24947644
I am cuncuck bloomjew is a real source.

Ok so my crypto wallet and investment portfolio are fine at the moment. I’ve honestly haven’t had more then $3000 in my bank account in the last five years becuase cash is trash this reason is a good example.

At the moment I am fine until they come for the investments then...pic related

>> No.24949169

>>24949143
>be City boy
>no guns, only have hockey sticks
Do you think the we can take over the government with a challenge of a game of hockey?

>> No.24949182
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24949182

>>24945355
Sell a house you entitled fuck
Death to the slumlords when

>> No.24949190

>>24948246
Are you a Victoria nigger?

>> No.24949204

>>24949190
Na Ontario near Toronto like the majority of people here

>> No.24949219

>>24949182
>entitled fuck
My parents worked fulltime for 40 years to get where they are, if you want to blame anyone for high rental prices blame the policies and regulations that make any competition in the rental market difficult. Stay poor commie fuck

>> No.24949225
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24949225

>>24949169

>> No.24949230

>>24945355
First they'll come for the excess balances
Then they'll come for the excess houses

>> No.24949359
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24949359

>>24949219
>my parents did it all
>I sat around with my thumb up my ass
>d-don’t call me e-entitled

>> No.24949508

>>24949359
Yea i'm entitled because I worked for my money and concerned about a crashing economy fucking my family over leaving them bankrupt. Their not landlords specifically for the reasons I already stated, too much hassle with tenant laws to be worth it.

Keep pushing for the great reset, enjoy the free housing in the gulag.