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Old 05-17-2020, 04:03 PM   #81
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Common sense

If heading for a recession one would think a person would try to become somewhat independant and recession proof....pruchasing anything that is not essential and depreciates is an interesting, but seemingly quite illogical approach, especially if you are going to use someone else's money and pay them interest to do it. Your mileage may vary.
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Old 05-17-2020, 04:58 PM   #82
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A rapidly depreciating item like a truck is not a hard asset. With fuel, insurance, repairs, and depreciation it is more like a hard liability
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Old 05-17-2020, 06:18 PM   #83
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We are in recession but we have deflation not inflation. Someday inflation come back but not during a recession. You need to understand economic principles and what you are suggesting is contradictory.
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Old 05-18-2020, 11:34 PM   #84
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Reading the tea leaves

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We are in recession but we have deflation not inflation. Someday inflation come back but not during a recession. You need to understand economic principles and what you are suggesting is contradictory.

Contradictory according to pre-Ď70ís Keynesian economic theory, which we now know to be wrong. You most certainly can have a recession with inflation.
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Old 05-22-2020, 02:16 PM   #85
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markets will be / are already being flooded with money so I am sure we will see continuing inflation...
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Old 05-23-2020, 09:24 AM   #86
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Daquenzer is right. Very nicely stated. I also have an economics degree. Deflation of vehicle prices is well underway. Used car values have plummeted by a record amount. Now is a poor time to sell anything. This emotional response to economic swings is why so many people fail to invest well in the stock market, for example. Savvy investors would be looking to BUY a used vehicle soon. I bought Chevron (CVX) at $54/share when oil prices went negative and doomsday forecasts were under way. CVX trades for $90/share today. Doomsday predictions are always being made by someone taking the opposite trade position. The Coronavirus risk is drastically overstated by those that benefit from imposing controls on other people. Now is not the time to make rash investment decisions.
The risk for inflation will be on the other side of this recession/depression because of low interest rates and a high money supply. But, there will have to be strong economic activity to stimulate demand for goods and services. It will not happen instantly.
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Old 05-23-2020, 09:55 AM   #87
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Survival tips...

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Suggesting that an economic/societal doomsday isnít a more real possibility at this moment than anytime in the last 5 decades is concerning. Iím not saying very likely, but just not astronomically small possibility. Wake up to the fact that this is a deadly serious moment, and not due to the virusís mortality risk.

Some survival tip's for the MillennialsÖ.


You can make a fire by vigorously rubbing elk together, Also beavers. Rub those beavers.

You can make a signal fire by burning Celine Dion CDs.

Thereís no need to be afraid of strange noises in the night. Anything that intends you harm will stalk you silently.

If you encounter a black bear, attempt to cross the road or distract it with rap music.

If you encounter a grizzly bear, attempt to punch it in the eye. This will not scare the bear off, but youíre dead anyway so you donít want to go out like a WUSS.

You can determine which direction is north by asking someone.
Failing that, float a stick on a still body of water. North will be the direction that is opposite of south.

Never make RIGHT turns when youíre lost in a forest. Right turns attract left wing zombies.

Punch squirrels to vent your frustrations

Plant a garden. Vegetables can sustain you if you plan on sitting still for the better part of a growing season. And you have vegetable seeds handy.

If you brought a cow, milk it.

Bob
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Old 05-24-2020, 05:54 AM   #88
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a bit of pandemic slow down good news - after an extensive search and help from the forum folks we have just found a truck service shop with a big enough bay and a bit of free time to pop a new engine tranny and all the good stuff into our 345 .parts are in .job starts friday should be done in 2 weeks (probably 3 with snafus ) then we roll again.Staying all stock 454 /holly carb/ 3 speed tranny / no mods / want it to feel like 1985 when I drove it off the lot new .
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Old 05-24-2020, 10:11 AM   #89
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Wait--I know you!

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You can determine which direction is north by asking someone.
Failing that, float a stick on a still body of water. North will be the direction that is opposite of south.

You're actually Douglas Adams, right?
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Old 05-24-2020, 10:15 AM   #90
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a bit of ... good news .

Congratulations! That is good news. I mean, I don't know what any of it means, but "good news" is always good news. And running like new? That's tremendous. I wish I did!



But I just wanted to mention that now'days, "tranny" doesn't mean "transmission."
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Old 06-30-2020, 05:17 AM   #91
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I believe you are referring to an automatic trannie.🤔

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Old 06-30-2020, 06:17 AM   #92
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This is very depressing. I'm going back to sleep. In the bed of my new pickup truck.
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