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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: westpacific who wrote (3587)	12/18/2003 9:49:34 AM
From: Condor	Read Replies (2) \| Respond to of 110194

The economic meltdown would flatten the world's economies like flower gardens in a hurricane. This where I get a little lost. So everything goers to hell in a basket....where is refuge? I need a plan. In the event described I see cash as king.....interest rates will zoom and stay up making interest income attractive? Eliminate personal debt. Hold gold or gold producer equities. Energy demand may relax since economies are deflated and production is idled. Therefore energy and base metals may get whacked also? I guess I'm looking for "a protective plan" and a "what comes after" vision with regards to personal economic functioning in the imploded/deflated world. In my assessment, gold at some point after the implosion would have to be converted to ??currency for practical useage. Hence...what currency? Any thoughts or discussion from all here would be appreciated. Cheers C

To: westpacific who wrote (3587)	12/18/2003 11:52:44 AM
From: Haim R. Branisteanu	Respond to of 110194

Did this guy evaluate the debt per capita of Italy Germany or France ? Further did he calculate the upcoming liabilities of those countries whose aging population (as part of all citizens) is around 40% higher than in the US. I find it comically when the analysis is done in a vacuum without taking into account other democratic nations with similar standard of living. As to China or India - oh well there no one cares to wander <GGG> no social services to speak of for the elderly - Evaluating the US situation should be done with referrences. IMHO the whole western fiscal situation is on the ropes not only the US