hello chas. please note the 'original post' Subject 51736
scroll down
<<Thread Script:
Hereunder is the circa 2002 "Don't Worry" script video.google.com followed by me, Tobagojack, chief decider of the thread, to hopefully navigate the darkest interregnum with success.
Ignore at own peril, or engage for salvation.>>
whereas it is difficult to justify 98% collapse of crisis-center real estate in nominal fiat money terms, i feel fairly comfortable making a case where crisis-center real estate fall relative to gold by 98%.
a 98% fall from this point is almost real estate bargains at 0, at point of monetary zero-state hard reset.
after that, everything, relatively speaking, would be fine, and the pain a distant memory.
re hk highrise, i believe it would be impossible for hk real estate, even cheap industrial units, to keep pace with gold.
there are practical limits to how valuable real estate can be.
there are no limits to how wonderful gold can be, as near the sorry end-game gold would just be the inverse of paper money, and all paper monies die, invariably, and always horrible.
the inverse of zero is infinity in my scenario, and at infinity, there would be no transaction. i recommend off loading gold and switching to real estate at some point south of infinity. |
