Continuing grim news on the economic front, as unemployment is up and everything else is down - in the cellar, even.
Once again, I'm curious about what kind of economic effects you may be experiencing in your own life. Lost income? Dwindling IRA? Business closing?
I ask because, again, I have personally seen no effect at all so far, except much cheaper gas.
In addition, I wonder what people may be doing to prepare for the possibility of a really rough economic patch, like a long recession (hopefully not anything worse). We are watching our spending more closely, and looking to economize a bit this Christmas. We've talked to the kids about maybe having to do without some of the luxuries we've been accustomed to, and the importance of working together if things really go south. I have plans to buy a used chainsaw in the next few weeks and - with my son's help - cut up a large downed oak on our property for firewood. If we get a lot we may sell some, but the plan is to stack and store most of it. I have to say, it's a chore I look forward to. Chainsaws are fun, and nothing says "home" like a fire in the fireplace.
Sweet Wifey is also looking at doing some canning. She's borrowed some equipment and, if all goes well, we may buy our own gear and try to make a habit of putting back some vegetables and fruit every year. Like home brewing, it's certainly seems like a good thing to know how to do.