jfred, I guess we will see who wasn't wearing togs as the tide goes out [acknowledgement to Warren Buffett]. I hope I've got some on. I think I have, but when evaporation of financial assets is underway, maybe what I think I own is actually backward leveraged and held as collateral damage for one of said clever-dick young hoodlums.
For years, decades even, my brother and I have had an expression "head for the hills" [financially speaking]. But if there are no hills and one is stuck on a flood plain along with everyone else and the tide is coming in, one is going to get wet togs. Though that messes with the togs metaphor as the tide can't be inflationary and deflationary while also being disinflationary simultaneously. Tiger Lily stuck on a rock with the tide rising, Captain Hook the ticking clock, the crocodile, Peter Pan, Tinkerbell, Smee, Wendy Darling ... ah the good old days. I thought I'd never get old.
Financial Armageddon suggests to me that there is no place to hide. The Rapture doesn't allow for Tora Bora style caves in the hills.
I suppose the place to hide is shorting the right things. Which are?
Mqurice |
