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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: bond_bubble who wrote (59051)4/21/2006 7:08:28 PM
From: patron_anejo_por_favor  Read Replies (3) of 110194
 
>>I dont know if land is a good investment either in deflation. 5 acre is good enough. 500 acres is probably too much than you can chew<<

I'm referring to subsistence levels, not "investment" levels per se. Enough to move to and grow crops for personal/family consumption. As far as lots of other industries more or less disappearing, I'm in total agreement. Won't be much demand for tattoo artists, realtors or call center employees....a much larger percentage of employment will be in the most basic necessities, ie, food production. A surprisingly large percentage will be devoted to occupations thought obsolete. Think of how the Amish live now, that's how everyone will live in 150 years, provided "we" don't nuke ourselves into oblivion by then....
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