let me see ...
(i) usa banking system kaput, vaporizing, but will be bailed out at cost to all via tax and print
(ii) usa consumers done for, spent out, tapped out, but will be taxed and printed away in the sorry end
(iii) usa assets, given the leveraged to heights and dire forward look, should continue to tank by nominal count 50% and by purchasing power drain another 50% over the next 50 months, per 50/50/50 solution
(iv) usa employment should rise from current 8-10% to a future 2x%
(v) a further detail about two no-win wars for team usa that needs to be financed somehow, tax, print, or hike rates
(vi) oh, yes, the good news, oil tanks by 5/brl, but only because economy is biting it and just that lehman has been booted out from the gaming because of credit issues, meaning a bailing will soon be required via tax and print
(vii) better news, an incompetent chief decider will soon be replaced by either a big-mouth-wishy-waffle-half-hearted-never-did-it-decide-for-me-tax-and-spendthrift, or the sort of a man who learned nought from his vietnam experience after this many years of time to reflect on the truth.
so, what's the matter?
- buy the russell2000, for it will just go towards but not to zero; hold on to house because the neighbors will make do without selling, and tax savings will be worth it.
or,
- simpler, take the gift and just buygold, and hold short on usa real estate and usa financials |