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How does an average guy like me....
- Thread starter tosugrad
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it may not be on the currency charts but in terms of inflation... BWAHAHAHA... were all getting screwed already and its only gonna get worse.
Where do you think the 700B for the bailout was gonna come from? PRINT MONEY = INFLATION...
more likely HYPER inflation.
Where do you think the 700B for the bailout was gonna come from? PRINT MONEY = INFLATION...
more likely HYPER inflation.
Right so like I said before...when the dollar is worth 30 cents it won't be hard for the Dow and Gold to meet.
1 sell everything
2 buy gold and wait
3 Profit!!!
Have you read the report from the former GAO head, Walker? It's pretty clear where we will be a couple of decades from now, in much deeper $hit than we ever dreamed possible. If you're under 35 right now, better start looking for ways to change the current government and get some fiscally responsible individuals in there, otherwise, reserve your refrigerator box right now.
There are an awful lot of respected economists that agree with Walker's assessment. If anyone isn't aware of our "real" national debt, please see:
www.PGPF.org
My season just ended for my primary income and I started looking around for a winter job. One of the jobs I applied to was a morticians assistant at a crematorium.
I figure in this economy that this will be stable work because....
1. In a bad economy people still die consistently.
2. In a bad economy more people are depressed and off themselves so there will be more work now.
3. In a bad economy people will have less money for burials so they get cremated instead.
Perhaps you guys should look into owning a crematorium.
I figure in this economy that this will be stable work because....
1. In a bad economy people still die consistently.
2. In a bad economy more people are depressed and off themselves so there will be more work now.
3. In a bad economy people will have less money for burials so they get cremated instead.
Perhaps you guys should look into owning a crematorium.
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Ever since my high school days of learning the economic cycle of inflation/depression I figured that at some point everything would bottom out, and no matter how much government attempted to intervene, that the old examples of the cycle of durable goods, for example, could be averted (I'm obviously a neophyte at matters of this kind, so please forgive any flawed analogies).
But viewing things as experienced financiers, do you feel that there is a good likelihood that things will ever get back to the point of bread lines and grinding poverty?
I find your threads on these issues very enlightening, and appreciate all of your insights.
I prefer EEV and DUG. But these are more aggressive, so buyer beware. EEV has lost 45% of its value in a single day.
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