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

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To: Hawkmoon who wrote (101201)2/12/2009 11:37:24 AM
From: forceOfHabit  Read Replies (3) of 110194
 
Hawk,

Habit.. would like your comment on the following article:

nakedcapitalism.com;

I'm just a poor dumb trader. Too much economics makes my head spin and reminds me of arguing over how many angels can dance on the head of a pin.

If you want my opinion on the state of the economy, I think we are in the early stages of a huge fiat money crisis*. There is no buy and hold solution (not even gold/silver, shotguns, and canned goods). Stay alert. Stay nimble. Surf's up!

habit

*By nature, I am incapable of giving a pithy reply to anything, so of course, I must elaborate. Currencies are much more fragile than most people realise. Ask yourself, of the 5 most powerful countries and their currencies in the year 1900, how many were still around a mere 100 years later?
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