Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (32254)	4/3/2008 5:55:27 PM
From: carranza2	Read Replies (1) \| Respond to of 217812

Jesse's Cafe Americain has been beating the drums quite loudly in the past few days. Then again, it is relying on what the IMF has explicitly stated: jessescrossroadscafe.blogspot.com IMF: Worst Financial Crisis to Hit the US Since The Great Depression One of the best ways to insulate yourself from the risk of 'the worst financial crisis' in the US 'since the Great Depression' is to get out of risky US financial assets and limit or hedge your exposure to the dollar, now. As best you can, as quickly as you can. We have done this. We believe that it is better to be prepared, and possibly too cautious, than to be unprepared, and devastated. The local government will not tell you this because they want your patronage until the very last minute. Have a nice gin and tonic. Relax. Spend some money. Don't worry everything will be fine. And it's fun for us the natives to run around picking up free sandwiches and sodas and beer that fleeing tourists have dropped in their departure, and maybe even the occasional wallet. The local authorities are reluctant to sound the alarm in order to not create a panic and clog the roads out of town, and create a slump in the trade, although we suspect a number of key people are quietly slipping out of town. The decision is to take action for your safety and head for higher ground now, perhaps not gaining some free beer and sandwiches, or to be trapped if the oncoming wave of financial defaults is as bad as the IMF says it will be in the US. The only question they seem to raise is, "where is the highest ground?" 'Not here' is the first thing that crossed our minds. They could be wrong. We have not had a truly nasty disaster in almost five years, and the "big one" has not hit in the US for almost 80 years. We remember discussing it with our parents and grandparents. It left a mark on them. Our families did not recover until the 1950's. The Fed's experiment in heading off disaster by running the printing presses and throwing up barricades of paper as a first line of defense might work. If you are a native its very hard to leave. If you are a tourist and are still playing on the beach, you are probably a little reckless. But you might get lucky. Its hard to know whom to believe. Those who are warning like the IMF, and those who say there are no real problems like Secretary Henry Paulson. We have to use our own judgement. But consider what the IMF said carefully. The worst US financial crisis since the 1930s. That didn't sound like a mild slowdown to us. There are some who think that the local government disabled the warning system. If we find out afterwards that this is true, we hope that they are dealt a justice that will be a significant page in the history books. We felt an obligation to say what we think, and not just sneak away. The concern we have is that its almost impossible to know exactly what will happen. The IMF could have it wrong. Prof. Noriel Roubini could have it wrong. Our gut hunch may be wrong. We've taken our own advice as best as we can. Be aware of that; we are not neutral here. We are OUT of US stocks and hedged to currency exposure. We hope we are wrong. We will be glad if we are just being overcautious. We hope we are not being too conservative and miss a rally or two, but it suits our particular situation and age. But we also wish we had more supplies with us as well and were even further removed from what could be a major financial and historic event. Our worst fear is that we will have to move to even higher ground. Families with children are not easy to move. If so, we hope you are there and able to welcome us, and if not us, then someone else. If you know something that people should know, then tell it, now. *If we have at any time given you any benefit, any reason to feel gratitude then payez au suivant,* pay it forward to someone else.**

To: TobagoJack who wrote (32254)	4/3/2008 10:59:23 PM
From: Rolla Coasta	Read Replies (2) \| Respond to of 217812

amazing to see more young and beauty IPOs from 1 4 1. I met some from as far as Harbin, Yue Nan, and Liu Ning provinces. They travel a great distances to search for their quick million. Some apparently strike rich instantly with a lot of clients, so the words are spred very quickly. One thing I (and also a lot of westerners too) like Chinese women is because: they are highly obedienct & innocent, very skillful & hard working, very artistic & joyful, highly organized without too much complaint, and also fantasize with us :0) ... also amasing to see lots of mixed from mainland ... they are the best No wonder all manufacturers flocked into China