Knowing Chinese ...
Ask HN: What skills will be useful during an upcoming recession/depression?
21–30 of 194 posts
Re: Ask HN: What skills will be useful during an upcoming recession/depression?
#22Agriculture, hunting, fishing, carpentry and masonry.
...and programming and dozens of other things.
Re: Ask HN: What skills will be useful during an upcoming recession/depression?
#23I think the most important skill is learning how to gain access to zero-interest loans from the Federal Reserve.
This skill allows you to lend to your buddies who can purchase distressed businesses and properties for pennies on the dollar, which gives you and them the opportunity to make billions in profits while everybody else is suffering.
I’m still trying to learn how to do this; if anybody has any information about what’s required, please reply.
Re: Ask HN: What skills will be useful during an upcoming recession/depression?
#24the #1 thing is how to build community online... effectively, relationships.
this is actually harder to do for a lot of folks... especially the millions who are now forced to do it.
im training a few folks a week: http://yen.camp
Re: Ask HN: What skills will be useful during an upcoming recession/depression?
#25Knowing Chinese ...
Would you mind elaborating?
Re: Ask HN: What skills will be useful during an upcoming recession/depression?
#26I think the most important skill is learning how to gain access to zero-interest loans from the Federal Reserve. This skill allows you to lend to your buddies who can purchase distressed businesses and properties for pennies on the dollar, which gives you and them the opportunity to make billions in profits while everybody else is suffering. I’m still trying to learn how to do this; if anybody has any information abo…
Lol. +1
Re: Ask HN: What skills will be useful during an upcoming recession/depression?
#27Being a doctor is always valuable, though I'm not sure it's that easy to retrain into one... More importantly, knowing how to live frugally is valuable in and of itself, assuming we do end up with a once-in-a-century-type depression. Not impossible, according to some ( https://news.ycombinator.com/item?id=22655670 ) but then forecasting is very difficult, especially when it involves the future.
Being a doctor involves at least 4 years, plus an extra 3-4 for residency — and that's assuming you have met the pre-med requirements.
There are several other health care options that are much quicker to learn. Such as nursing, physician's assisting, lab work. Etc.
Re: Ask HN: What skills will be useful during an upcoming recession/depression?
#28I think the most important skill is learning how to gain access to zero-interest loans from the Federal Reserve. This skill allows you to lend to your buddies who can purchase distressed businesses and properties for pennies on the dollar, which gives you and them the opportunity to make billions in profits while everybody else is suffering. I’m still trying to learn how to do this; if anybody has any information abo…
You should be looking at borrowing from a bank. The Fed does not lend to individuals.
Re: Ask HN: What skills will be useful during an upcoming recession/depression?
#29If you can learn how to repair things there will always be need of that in a siege. Returning value from utter losses will be of great need. edit For a couple simple examples consider the bic lighter. The strikers are made well enough it is possible to refill them and reuse them several times. Here is a video I made on it: https://www.youtube.com/watch?v=4fnnDu-_hso possibly not the best video but it just shows it is…
Strongly advise against making any parts of equipment for healthcare or even more - device that sustains life. If it breaks, it will be very simple for government to find you liable. That's also - sadly - reason why these ventilators are so darn expensive, so that they go thru lots of scrutiny and testing.
Re: Ask HN: What skills will be useful during an upcoming recession/depression?
#30Knowing Chinese ...
Not useful since so many Chinese are bilingual already; in China if you know English that might just get you a few more RMB per hour, in the USA you might get a couple of more dollars per hour. Besides, I have a feeling that China is going to get the coming recession much worse than the USA, making interactions (eg via tourism) a bit more turbulent for the next few years.