<BBR threaders merely have to prepare for multiple outcomes>
Jay, that's too confusing. I prefer to prepare for a single outcome, which is actually what always happens, but maintain a position so that I am not locked into a situation should my expected outcome turn out to be not what happens. Which, you would know, is sometimes not the case.
So, I have liquid positions [other than a house, hidden at the bottom of the world] with a mouse well-oiled and handy, with phone backup.
However, positions change incrementally, bit by bit, whittling away, which is how so many ended up in gas chambers - it was never bad enough to simply panic and take extreme action until it was too late and the truth came horrifically into view.
You ask should the world have stopped Hitler and Japan in 1937? I think a few years earlier than that would have been a good time. Japan had been rampaging through Korea, China and Taiwan for far too long. They were not your average nice-guy colonialists, happily trading their way into close association. It was point of the barrel and tip of the sword and they were used. Hitler said what he'd do, then did it. The writing was in Mein Kampf and on the wall, well before 1937.
Mqurice |
