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Old 15-02-2019, 03:26   #46
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Re: Sailing in recession ?

If the recession/depression is bad enough you may be glad you have a paid off boat, so that you can live cheaply away from the pain centers.
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Old 15-02-2019, 03:56   #47
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Re: Sailing in recession ?

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If the recession/depression is bad enough you may be glad you have a paid off boat, so that you can live cheaply away from the pain centers.
I think this is a very valid point, yachts and no debt gives options.
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Old 15-02-2019, 05:34   #48
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Re: Sailing in recession ?

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Is there still a middle class?
They are all but wiped out aren't they?
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You’re worried about Europe and Trump is your President? You should go sailing, you need it.
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If the recession/depression is bad enough you may be glad you have a paid off boat, so that you can live cheaply away from the pain centers.
The economy in the USA is roaring ahead, moving forward like it hasn't since the Reagan years. Anyone who wants a job is working and can probably get overtime or two jobs. You won't hear any of this in the news but, it is all thanks to Trump; and hopefully most will have figured it out before the next election in two years time.

I rent office space for a living which was nearly impossible to do during the Obama years, now I have a waiting list, mostly startup businesses.
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Old 15-02-2019, 06:02   #49
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Re: Sailing in recession ?

The current epoch of feudalism/rentier capitalism is ending, but this will not prevent the cognitive-dissonance types invested in that system from re-writing history.

https://en.wikipedia.org/wiki/When_Prophecy_Fails

At the end of the day a boat is a home where you can cook and sleep; at the beginning of the day it is an ancient contraption that affords ability to find greener pastures anywhere on the globe.
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Old 15-02-2019, 06:24   #50
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Re: Sailing in recession ?

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The economy in the USA is roaring ahead, moving forward like it hasn't since the Reagan years. Anyone who wants a job is working and can probably get overtime or two jobs. You won't hear any of this in the news but, it is all thanks to Trump.
Poor deluded fool.

Yes sure the landlords are happy.

But the way the economy is structured now the economy doing "better" is just a sign the common people are being more thoroughly exploited.

Hardly does them any good at all, the benefits just don't trickle down.

And further attempts to block the fundamental changes toward justice, greater fairness, living up to our society's PR claims, will just increase the likelihood of violence in the streets.
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Old 15-02-2019, 06:38   #51
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Re: Sailing in recession ?

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Poor deluded fool.

Yes sure the landlords are happy.

But the way the economy is structured now the economy doing "better" is just a sign the common people are being more thoroughly exploited.

Hardly does them any good at all, the benefits just don't trickle down.

And further attempts to block the fundamental changes toward justice, greater fairness, living up to our society's PR claims, will just increase the likelihood of violence in the streets.
You have a typical socialist’s view of doom and gloom, whereas I instead see possibilty, progress and prosperity.

I have a waiting list of people who want to move into an office and start a business. The news will never say anything positive, but me thinks $2 per gallon gasoline has a lot to do with the US economy kickin’ butt. Trump got rid of the eco regulations and deserves the credit.
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Old 15-02-2019, 07:20   #52
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Re: Sailing in recession ?

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I prefer boating in down economy. Fewer ass hats on the water. ;-)
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Old 15-02-2019, 07:25   #53
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Re: Sailing in recession ?

No need for name calling.

The opposite of rentier capitalism is not socialism. Rentier capitalism simply means one is taking from society (the market place) while contributing, in reality, nothing. Recall that colonial Americans declared independence from and fought a war against GB precisely to escape such an economic system. It would be a curious interpretation of history and reality to call colonial Americans "socialists."


It arguably is not in the best interest of the cruising community for sailors to be seen as detached elitists riding around on expensive yachts while working folks on land send money literally off-shore.
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Old 15-02-2019, 07:41   #54
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It arguably is not in the best interest of the cruising community for sailors to be seen as detached elitists riding around on expensive yachts while working folks on land send money literally off-shore.
But.. But..!!! Thats exactly what we are seen as.. hell even lil ole me is seen as a privileged elitist for not following the 8 to 5 of my peers back home..
Most definitely seen as such by the locals in places I have sailed to.. and to be honest.. We are..
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Old 15-02-2019, 07:48   #55
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Re: Sailing in recession ?

Its not much different in Canada.

My CDN dollars are only worth 75 cents USD. I remember parity, when CDN=USD.

My retirement dollars won't go very far if I buy a boat in the USA. And my CDN dollars make the Bahamas and Caribbean much more expensive for me than my American friends.
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Old 15-02-2019, 08:51   #56
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Re: Sailing in recession ?

Millionair whining......apparently they want it all for free, and make a profit on that.

We are not in their money bracket, but we have owned boats, and one airplane. We used them , and had great times, and did not plan on making a profit. although the Crealock 37 was on lease back with a sailing club for a few years. That was no money maker .

The piper cherokee we sold for what we bought for, but the maintenance costs were constantly increasing. We did not snivel, we did not whimper, we sold the plane and rented aircraft when we wanted to go flying. We loved 55163, and few her all over the western states. Never thought of making a profit, we were flying because we loved to fly.

Erica and I are a team, sailors, pilots, PADI certified divers, hikers, kayakers,
snorkelers, the skiing and sky diving diving were Erica's . After the military, I have had two fabulous parallel careers, professionally flying, including the last 17 years as an air combat instructor. ( 2500 missions of five and six G dogfights ) .

Also , hold a U.S.C.G 500 ton , lic, instructor, charters, and international flotila leader. Erica is an M.D. retired as a supervisor for the L.A. County Health department.

Point being, we are a team, and have shared a special and rewarding life.

About 35 years now. And we do not sit around and live a negative life style, or be moan U.S.D or Eruos, I do not waste my time on something that I cannot control

Our thought is that life is too short to sit and complain about our $ 500,000 catamaran or a BMW. We are pretty well occupied enjoying life, people , adventures and each other.

We have a fabulous life, were smart with savings and investments , live within our means, and do not need to have the huge house up on top of the hill , nor a luxury car. Fine for others, but not in our retirement budget ) We no longer own boats or airplanes. But our fun meters stay illuminated.

We no longer belong to a sailing club. We have sailed our local waters, and coastal islands for over three decades. Now, we take off every year for two plus week sailing vacations . The latest in the last 13 years, Australia, Tahiti, the BVI , Ireland, and Greece. Next BVI trip in may 2019, will be BVI # 17. Ireland was two trips motoring up the River Shannon for a couple of weeks. Our latest Tahiti trip was number four ( 3 were previous years ). ,

Australia , the Whitsunday Islands, was two different 30 day sailing, diving, and land vacations. The Greek Islands, i was not skipper, we had a cabin on a 60 ft. cutter, and we acted as watch captains sailing the vessel. Along with plenty of kick back time.

We are out to enjoy life in every aspect that is possible. We never expected to make money on either the crealock 37 or the piper cherokee. Especially adding in the costs of maintenance, slip fees, insurance, tie down fees, above the purchase prices.

We both loved flying and sailing. And both of those cost money, period.

Those who wish to Stess the length of life to its end, your choice.

We chose not to do that, we have, and are continuing to live life to the fullest.

LIFE IS AN ADVENTURE .

STRESS IS A KILLER.

We choose, the Adventure, staying very fit, exercising 5 days a week. We are out having great times in our beach towns, and meet and respect others.

We have great and interesting good times conversing in human speak, and not hunched over smart phones . We are hiking in our wilderness areas,
and taking stay cations to our mountains and deserts, and continue to sail our adventures in paradise. Plus eco trips to Costa Rica, etc.

Life is amazing, and for us, a good plan is to stay positive, healthy , and be active.
while having a fun, loving , and rewarding good times.

Or, not. There is always the alternative .
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Old 15-02-2019, 16:02   #57
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Re: Sailing in recession ?

A boat is a depreciating asset monetarily, but the true value gained is not in currency, but in the life experiences enjoyed.
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Old 15-02-2019, 20:50   #58
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Re: Sailing in recession ?

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Originally Posted by Simi 60 View Post
Is there still a middle class?
They are all but wiped out aren't they?

You gotta quit listening to MSNBC !
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Old 15-02-2019, 22:46   #59
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Re: Sailing in recession ?

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You gotta quit listening to MSNBC !
I'm in Australia, I don't even know what that is.

But I can look at actual data and statistics and use my powers of observation.
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Old 16-02-2019, 00:30   #60
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Re: Sailing in recession ?

The 10% think they are middle class
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