Source: http://www.suncoasttradingnetwork.com/s ... 71#post171
...Bicycle repair, sewing, etc, are these skills useful after a collapse? Well of course they are, but the question you want to ask yourself instead, do I want to repair bicycles or sew clothes for a living after a collapse, and the answer to that is certainly no. Why? Because there’s a lot of people already doing that, because its just not well paid. Even if you think that right now people are lazy and pretty much useless, it doesn’t mean that that situation will go on afterwards.
As things get worse, it wont be just you thinking about opening a small grocery or repairing bikes and mending clothes. Competition and poverty will bring the prices down and you’ll find yourself working a lot for relatively little income. I’m not saying don’t do it, I’m just saying that its going to be very competitive and even if you are good you wont be making much money out of it.
I have a guy that repairs TV and appliances in general. He’s good at that, he has clients but he’s making little money and has a tough time getting to the end of the month. It could be worse, he could have no income at all, but his situation isn’t something you’d want for yourself. And then you have this other guy who started a business selling parts for repairs. TV, washing machines, and so on, he sells the parts to the guys that do this for a living and the people that prefer to do their own repairs. Now this guy has a sweet deal.
He’s not rich but he’s making more money. Why? He’s smarter about the repair business. He knows that being the one that gets the parts means he benefits from every customer the various repair guys have in the area.
You have people selling cheap clothes in fairs, cheap china imports, DVDs, you name it. But these guys aren’t making much money. Now the guy that bought the abandoned warehouse, got the security to keep it safe and is renting the space to all these people selling stuff, he has two of the latest Mercedes-Benz 500, one in silver gray and the other one in black...
Full article:
http://ferfal.blogspot.com/2010/10/s...-collapse.html
