So how is this downturn in the economy affecting you?
- Thread starter Rizzo
- Start date
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Timber700RMK
Member
Yea, but we'll see just how fast the gas stations react. They raise prices on the hint of oil going up but wait a while to lower prices when oil drops
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Summitstef
Member
I work in the oilpatch as an electrician and I don't think I have ever been busier in my life. Oil prices are still high. I remeber in 2001 when oil hit $38 a barrel and Alberta's oil boom hit high gear. When oil hits $20, then I'll worry. The stock market does suck right now. But doesn't it seem like another attempt by the governments of all nations to scare us into submission and fear based control
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RMKRIDER
Active member
I don't like to think about it.
I am in sales in the trucking industry. When diesel is high they don't buy anything.
I have lost about $120,000.00 in the stock market since mid summer. Easy come easy go they say?
Times are tuff but we will all get through it. Just need to stay focused.
I am in sales in the trucking industry. When diesel is high they don't buy anything.
I have lost about $120,000.00 in the stock market since mid summer. Easy come easy go they say?
Times are tuff but we will all get through it. Just need to stay focused.
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Woof
New member
Cause it can. Freakin thieves.
401 down, yup. Job, still have one. House, yup and no one is taking it away. 06X with new piston and rings, still rocks! Hold your breath though we may be in for quite a ride yet.... Interesting episode of my life for sure.
turbo800
If your not first, your last - Talladega Nights
Lifetime Membership
Polaris
Ski-Doo
Klim
FXR
I know alot of people have been hit hard by this, luckily I am not one of them. The place I work for sells internationally and sells are quite high. I usually work close to 50 hrs a week with more available if I wanted it.
A friend works construction and had to lay off all of his guys.
It sucks for the construction industry right now, but when you know what kind of margains they are making off new homes, its hard to feel too bad. Maybe home prices will fall back in line.
A friend works construction and had to lay off all of his guys.
It sucks for the construction industry right now, but when you know what kind of margains they are making off new homes, its hard to feel too bad. Maybe home prices will fall back in line.
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justadude
Well-known member
Hear, hear.
Makes me want to hang onto every cent, yet throw more into the 401 to by low!!
Makes me want to hang onto every cent, yet throw more into the 401 to by low!!
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GODEEP
Well-known member
Definitly hard times. All I own is land, land, land and land. Stock market crashing didnt phase me, but not selling lots and total lack of excavating business has been killing me for sure. Banks dont want to step up to the plate anymore. its just rediculous.
Example. We own most of our properties 100% outright and cant find banks to loan against it. Find a buyer and they dont qualify to buy lots in our subdivisions without perfect credit and 40-50% down payment.
But what can you do?? just sit here and take it up the azz I suppose. lol..
Good luck you guys. hang in there. the whole world is dealing with this crap right now.
Example. We own most of our properties 100% outright and cant find banks to loan against it. Find a buyer and they dont qualify to buy lots in our subdivisions without perfect credit and 40-50% down payment.
But what can you do?? just sit here and take it up the azz I suppose. lol..
Good luck you guys. hang in there. the whole world is dealing with this crap right now.
It was the best of times, It was the worst of times...
Had ankle surgery last October, wasn't working at all until January, wasn't full time until March or so. Have to have the same surgery done on the other foot within next year or so (hopefully not as extensive). Slipped one past the goalie and will have another carpet caterpillar to feed next spring. Frickin' insurance through my work is a high deductable health savings account, looking at 7K in deductables alone on wife and I if I have foot done next year, not counting food, gas, diapers and formula. But so far I still have a job and a paycheck (knock on wood). Cutting corners everywhere we can to save money for bills when I have my surgery.
I work for the John Deere dealer here in Kalispell, and we are feeling the pinch all over. Our sales of equipment is down, and farmers are pushing older equipment harder to get the job done and spending less on replacement parts. One excavation outfit who has one Deere tractor and the rest Cat has their whole fleet for sale down the road from us, water trucks, crawlers, forklifts, etc. Plum Creek laid of 80 employees from one of it's sawmills in the valley, several excavation companies laying off workers going into slow season. And its only going to get worse...
But as stated before, now is a buyer's market. Heavy equipment, vehicles, sleds, etc are going for cheap beacause nobody's buying.
But I am fortunate to have a roof over my head, food on the table, a wonderful family, a sled that's paid for, and a computer with internet access to share my story with fellow bubbleheads!
Had ankle surgery last October, wasn't working at all until January, wasn't full time until March or so. Have to have the same surgery done on the other foot
within next year or so (hopefully not as extensive). Slipped one past the goalie and will have another carpet caterpillar to feed next spring. Frickin' insurance through my work is a high deductable health savings account, looking at 7K in deductables alone on wife and I if I have foot done next year, not counting food, gas, diapers and formula. But so far I still have a job and a paycheck (knock on wood). Cutting corners everywhere we can to save money for bills when I have my surgery.I work for the John Deere dealer here in Kalispell, and we are feeling the pinch all over. Our sales of equipment is down, and farmers are pushing older equipment harder to get the job done and spending less on replacement parts. One excavation outfit who has one Deere tractor and the rest Cat has their whole fleet for sale down the road from us, water trucks, crawlers, forklifts, etc. Plum Creek laid of 80 employees from one of it's sawmills in the valley, several excavation companies laying off workers going into slow season. And its only going to get worse...
But as stated before, now is a buyer's market. Heavy equipment, vehicles, sleds, etc are going for cheap beacause nobody's buying.
But I am fortunate to have a roof over my head, food on the table, a wonderful family, a sled that's paid for, and a computer with internet access to share my story with fellow bubbleheads!
C
Cyle
Well-known member
Things haven't changed here! Waiting to see how low it goes before I jump onto buying some cheap real estate. The only thing i've noticed is the job postings has gotten smaller but still a ton of jobs around. Only bad part is i'm in the process of trying to find a new more stable career and it's not the best time, harder but still doable.
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freak58trio
Member
This defenetly sucks got laid off the week of Thanksgiving now were getting snow and I can't go ride .
I am lucky.
I was layed off late June.
Asked a buddy for a reference & he said "Why not just work for me?"
It's been good ever since.
But if our customers stop spending (boat, pontoon & Sea Doo owners), it will be a sign that this will last awhile.
We are heavily weighted into servicing our customers needs, so even if sales slow, we should still have cash flow to weather this storm.
My most sincere sympathy to those on here falling on hard times.
That's a helpless feeling.
And to those who are doing fantasically well......
Consider those on here who are hurting.
Consider offering covering their costs to accompany you on a sled trip or whatever.
Just a thought.
I was layed off late June.
Asked a buddy for a reference & he said "Why not just work for me?"
It's been good ever since.
But if our customers stop spending (boat, pontoon & Sea Doo owners), it will be a sign that this will last awhile.
We are heavily weighted into servicing our customers needs, so even if sales slow, we should still have cash flow to weather this storm.
My most sincere sympathy to those on here falling on hard times.
That's a helpless feeling.
And to those who are doing fantasically well......
Consider those on here who are hurting.
Consider offering covering their costs to accompany you on a sled trip or whatever.
Just a thought.
