Home Forums Hunting & Shooting Hunter's Campfire 'Something Just Snapped': Consumers Panic Search "Pawn Shop Near Me"

Gotta give a DL and thumb print to pawn anything around here. Same goes for scrap yards over a certain dollar amount. Makes em a bit nervous to know a stolen pawned item can be traced to them.

THIS X 1000

Yes ... the easy access to student loans made the price of a college education go through the roof.

The people making a big deal about what others spend, don't really care! It just gives them something to bitch about on the net. Most of those bitching couldn't buy a fuggn used Pinto, yet they sure know how to bitch about others, spending habits. 🤔

And houses where I live that went for 250 - 300K about 3 years ago with a next to nothing 30yr mortgage interest rate, are now going for 700K + with 30yr rates at 7+%. When the shcit hits the fan, you wonder how people who can’t come up with the thousand dollar emergency expense check are going to be able to make their $3000 monthly mortgage payment and thousand dollar truck payment. I guess that’s when it all starts to crumble apart and maybe that’s good to bring things back to reality

While many good points have been made about "living beyond ones means", my take away is somewhat different.

People don't bring ATV's, turcks or houses into pawn shops. They bring stuff they can carry - jewelry, guns, watches, etc. In this case, all in an attempt to stop the bleeding of what is a structural increase (i.e. not temporary) of cost of living.

Unfortunately, one can only go so far in selling assets, then you run out of assets to sell.

No doubt, this pattern was expected when The Left implemented their "build back better" plan.

You can be sure, the CIA is taking notes of this pattern and others. Ready to drop the next hammer on the people and continue to work their way up the food chain.

One slice at at time, keeping anxiety levels high, culminating in a thorough crushing of America.

BTW, expecting this asset sell-off is perhaps the major reason Team Biden instituted $600+ 1099's for annual bank deposits. And hired 87,000 more IRS agents.

This is the goal of the federal reserve raising rates. They are trying to kill the economy and stop the demand for goods to lower interest. This is the planned outcome of the raise in interest rates. They need buying to stall and let inflation get to 2% or so and they will start lowering rates to jump start the economy again This entire series of events is the outcome of all the free money, no evictions, no rent payments, no school loan payments, inflated unemployment, stimulus and covid money that was pumped into the system... crazy inflation that raises all of our prices and then a federal reserve that kills the economy to slow inflation. The United States (supposedly) voted for this.

That cant be true.... without using credit your score would go to zero. You must have a mortgage or use a credit card that you pay off every month or something.

While many colleges carry endowments of hundreds of millions, sometimes more. Why should a college that has hundreds of millions of dollars in just their endowment alone not put some skin into the game instead of forcing kids to go into debt for their $75,000 a year education? Any loan forgiveness should come heavily from the colleges that created the mess. They profited bigly and now they should pay bigly…

That’s very true oakster. I quit using credit cards several years ago but then saw my score begin falling so I went out and got 3 cards and rotate a couple purchases a month between them. I have the online banking pay them in full each month unless I decide to do it sooner. Managing your credit cards with the online banking is simple and handy. I don’t carry a balance or need to worry about interest but I have to have cards otherwise my credit score is affected….if you pay cash and don’t need credit you are considered less reliable in their eyes. I view the man with the cash on hand to buy what he wants as the better risk versus the guy that needs to finance his dinner. 😂

College education is a fugg'n racket. Premium price for a chity product.

No way those colleges are going to voluntarily cough-up any of the loot.

There should be racketeering charges brought against 90% and squeeze the money out them

I've noticed some deals on shooting stuff lately. Greyboe was 35% off everything the other day $1500 swfa scopes were $700, everyone has ar parts on sale.

I think the price of wants will go down as the price of needs like food, fuel, and housing keep climbing.

Bb

Yep…any other corporations that put out as many defective products as the universities have would be liable for their malfeasance and subject to financial repercussions. Congress could enact a one time tax or assessment on college endowments and enact a freeze on their ability to raise tuition and fees. If the universities want to use race as a deciding factor in admissions and if they think that if they embrace social radicals on their campuses that they’re furthering progress then they should be responsible for the end product that they produce. If they want to back the “tear it all down and burn the rich” attitude of their students they shouldn’t be surprised if they’re torn in the process.

My wife and I graduated from undergrad school in 1970. We got our first credit card in 1970 when I was a young 2LT at Fort Benning GA. In 53 years we’ve never paid a penny of interest on a credit card. I used the GI Bill to pay for grad school and my wife got fellowships for two Masters degrees and a Doctorate. We both had well paying careers and are now retired in our mid 70’s and live well within our means.

Spot on.

Credit card-0 balance.
Is it debt if you pay it in full every month before the due date?

Calls to mind a time we did that, very strange. My brother and I wanted to borrow a small amount to buy a piece of property neighboring our farm. We didn’t want to take out a mortgage, just a small, short term loan. They said no. The funny part: We had over three times the sun we wanted to borrow on deposit in that bank and offered to secure the loan with cash! I had a good, high-profile locally, well-paid job, neither of us had a mortgage, and my brother was the bank’s attorney! We went to the credit union office (within sight of the bank) and the loaned us the money, no questions asked. We closed out our accounts at the bank. Never did find out what was going on.