Same with my folks, dad still drives his 300,000+ mileage '71 F100, they make 1 trip to town a week and buy everything they "need" and ussually have coupons for it. They have plenty of savings and could live quite well if they wanted, but both grew up in hard times and hard work, and they both say get ready, it may happen again. The only loan they ever had was a home loan, and put everything they had "extra" to pay it off. Took 7 years at at 12% mortgage rate. I remember "getting" to go fishng and huntng almost every weekend, ALL day, because what we "harvested" would be our food for that week, because they could not afford many groceries. they still live that way today even though they dont have to. I believe hard, very hard, times are coming, and some of us who have managed to reduce debt and save something, will fair better than those that refuse to live within their means, but even I am gonna have it hard the next few years, the upper class wont hurt a bit, they will profit from the hard times, and that profit will come from the little we all have left. You watch, this is the last decade or two of the middle class, it'll be the poor and oweing, and the rich and owed, no in between.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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