What are good investments for a "Great Depression"?

Popperwell

Gas, electric, rent, council tax, cost of running a car, petrol(OK they suspended the tax on petrol)but there is still another due in September and we are already struggling to pay for petrol anyhow. Bus and taxi fares. The new bedroom tax that is coming in. Insurance(house and car)

Really all the essentials that you can't avoid.

Raksha

surely it depends on how you define value - £'s or scarcity or need

henry_bananas

GOLD, Food essentials - wheat etc

bellaquidsin

Seems to me that all cheap cuts of meat rise in price when times get tough, as more people are buying them. I am thinking of pork hock, gammon hock, breast of lamb etc. They used to be nearly given away but now command quite a price. Still a bit cheaper than choice cuts though.

Bella.

zoominatorone

mobiles are still cheap, you never see someone who is supposedly on skid street without a phone.

simmed

Raksha wrote: »

surely it depends on how you define value - £'s or scarcity or need

That's why I used the word value.. it's very broad and unspecific, extremely hard to define.

simmed

Popperwell wrote: »

Gas, electric, rent, council tax, cost of running a car, petrol(OK they suspended the tax on petrol)but there is still another due in September and we are already struggling to pay for petrol anyhow. Bus and taxi fares. The new council tax that is coming in. Insurance(house and car)

Really all the essentials that you can't avoid.

I'm sorry but most of these things are hardly physical! I meant things that can be bought & stored.. how can you buy and store council tax? Lol.

wanchai_2

simmed wrote: »

I'm sorry but most of these things are hardly physical! I meant things that can be bought & stored.. how can you buy and store council tax? Lol.

A tad cheeky. The posters above were only trying to be helpful, and you weren't specific in the OP.

Popperwell

Well, only in that if you don't pay it you might be homeless so the value is in bricks and mortar. And in the case of electric and gas. I guess oil would be another and we at this end may pay for the service but at the other end it is being bought and sold as a commodity.

But I get the point you are making. I would say food is what affects me the most. I don't really have possesions that are valuable so I am affected more by the services I buy or cannot afford to.

I meant to say the Bedroom Tax BTW not Council Tax in my original post.(I corrected the mistake)

Butterfly_Brain

In the depression people literally had holes in their shoes and their @***s hanging out of their trousers, food was too expensive for many and millions were left homeless without any form of shelter. If they were lucky they might find a soup kitchen, I mean families with children not just single homeless