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How seriously should I take these doomsday scenarios?
I just went on the drudge report and there's a Reuters story about how the global auto market will "collapse" in 2009 per JDPower, which I greatly respect.
This is a personal and sort of ER question. My DH works in the auto industry and if that ever happened we'd have to move and try to start over somewhere else. My job has nothing to do with the auto industry but I work for a charity and if the auto market ever collapsed so would SE Michigan which would mean the end of my organization. So moving wouldn't be the end of the world (I hate Michigan anyway) but we're trying to plan our lives and TTC and this really isn't the time to bring a kid into the world when we might not have jobs in 9 months....
I'm depressed. Please tell me these gloom and doom stories are only made to sell papers. 
Re: How seriously should I take these doomsday scenarios?
How can the entire industry collapse?
There are so many places across this country/world where public transportation isn't an option. Haven't cars become necessary? I know where I live, without a car, life would be incrediby difficult. We SUCK at public transportation in South Florida...
I understand it really, really slowing down. Credit is hard to get. People want smaller cars and are holding off until the absolutely have to...but a total collapse?
I think it's gloom and doom. And I hope your DH's job is safe...
thanks. We have almost a year's worth of expenses saved (the industry has been tanking for a while so we've been preparing for the worst for many years).
I don't know how we'd ever be able to sell our house if the auto industry actually went under, but then again people who can't sell their homes get bailed out by the taxpayers so what am I worried about?!
Edited b/c I can't spell
The lack of credit has almost ended leasing, which is huge. I'm guessing it's b/c they auto companies have really high fixed costs and if they can't sell a certain number of units they'll go bankrupt. But I don't know. That article was as detailed and useful as a lunatic shouting on a street corner about how the end is near.
I appreciate you guys!
ok this is what we are all gonna do.
1) we are gonna all have corn/bean/squash native american gardens and grown our own food and also tomatoes and we will get into canning.
2) you wont have to move because no one will kick you out when the system collapses.
3) You'll need to get a few horses to carry you and your stuff around so start eyeing those mustangs and retired race horses now. Take some riding lessons if you want.
4) You'll need a big dog or two for protection so start eyeing those german shepards and pitbulls in your local shelters.
wallah!
Most of what I know about the economy you taught me, so I can't tell you if it's all imploding, but I do wish you the best of luck.
I'm entirely too close to acheiving sugr's doomsday preparedness guidelines for a sane person. Check my blog for canning tips!
If it does happen, please move to Austin, TX and come hang out with me.
See? Bright side.
<a href="http://www.thenest.com/?utm_source=ticker&utm_medium=HTML&utm_campaign=tickers" title="Home D
It's the perfect plan! Can you teach me how to can?
I dunno how!! its the one thing that makes me an incomplete doomsday woman.
Seriously, do not underestimate my innate desire to live out the rest of my days in a teepee. I can't grow things on my own very well, but I know people who do who are independent from the industrial food system.
Just be warned I'm not very clean when I'm camping. I nominate mw to cook for us to maintain food safety.
I know how to brew beer now! (Having still never tasted beer...)
Find a relative who owns a farm, and make nice with them. That way, just in case, you can pitch a tent on their property and become a sharecropper.
My mom owns her 15 acres outright so that's my plan.
I want to join you in your doomsday camp please. I am a pretty good camper, can make a decent fire and although I am not a great cook I can make things edible. Plus I used to grow cucumbers and strawberries with my grandpa so I know how to farm.....(so what if it was a 4sf plot of land, I was 5 and I only grew 2 things!)
I vote you move to the MD/DC area-if you can get a clearance, you can get a job (I have connections to help
).
As for the doomsday-I think people need confidence back and a new Pres will grant that, imo. Once they are in place, I foresee the market coming back. DH wants to get into brewing beer and has all the info he will ever need to do so. We are joining a CSA to help with food and digging out the area behind our house to grow a garden. I am a great sauce maker and DH is Bob Villa, incarnate, so can we join as well? I can help cook and DH can build us places to live.
Not unless you consider 'flavored malt beverages' (*cough*smirnoff ice*) beer. Gotta have something to keep me alive in never have I ever!
I am definitely planting a garden next spring so we don't starve.
As for the auto industry, I can only hope they are scrambling to start churning out smaller cars, hybrids, and higher quality vehicles to compete with Japan. If this is happening, US auto companies have a chance at competing. They need to retire their old fart CEOs and bring in some younger blood that understands where the future lies.
"As of page 2 this might be the most boring argument ever. It's making me long for Rape Day." - Mouse
As this article says, it's a global auto crisis. This isn't about the American auto industry, it's about all of the auto industry. Japan is suffering with this downturn too so, no, the Prius didn't save them.?
The only place the US auto companies aren't competing well is in America. Everywhere else they're raking it in, especially in China where they love big huge monster cars. North America is turning to smaller cars which is why the big 3 are producing them, but that's not the case everywhere and it certainly isn't the reason they might collapse next year.?