Archive for the ‘Depression Living’ Category

Frugality and Self-Sufficiency? Say It Isn’t So!

Tuesday, August 23, 2011 21:02 3 Comments

First it was the brutal news that the antiquated layaway plan had made a comeback. This was followed by horrifying news stories about folks who denied the Bush-Obama spending pleas, and instead they began to save their money. And then came the outrageous story that demand for used cars was up. And those dreadful pawn shops and [...]

This was posted under category: Depression Living

Oh That Depression!

Tuesday, December 14, 2010 14:10 7 Comments

There are some interesting Depression tidbits out and about lately. Most people, by now, have heard that A&P (Great Atlantic & Pacific Tea Company) has filed for bankruptcy. But most stories don’t mention a root cause of A&P’s financial problems – empty retail space. Crain’s Detroit Business reports that the company has been paying rent “on [...]

This was posted under category: Depression Living

Barter Economy Avoids the Long Arm of the IRS … for Now.

Wednesday, April 28, 2010 21:52 3 Comments

Reader Dan G. sent me a fascinating story on the popularity of bartering in a distressed economy. The story is about the Roanoke Valley TimeBank, a place where, …there’s no money involved — only time. It all comes down to time credits and debits, which are recorded on the TimeBank Web site. The idea is [...]

This was posted under category: Depression Living Tags: ,