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


To: TobagoJack who wrote (41154)10/11/2008 7:22:05 PM
From: Riskmgmt  Read Replies (1) | Respond to of 218030
 
LOL. Hey that was funny!!

Glad to see that even in spite of all that's happening you still have your sense of humor.

as far as << get out now, FDR version II is on way to White House

- can look forward to capital controls, fiat taking, lots of printing, unreasonable dictates, rioting blowbacks, as well as army units used to keep domestic peace>>

You might be right, certainly you have been right about many other things that seemed to stretch the imagination when first mentioned. I have doubt that should such dire circumstances happen in the US other places including HK would be unaffected.

as you mentioned the pens seller laughed the least at the party and his market is Macao and HK. The problems are Global in nature and so will be the effects. One could go hide on a Kho in Siam or the phils but then one would be missing all that adrenaline rush last man standing stuff.

The zig-zagging trying to gain, or not loose, has proven futile for me as well. Up in Gold and Yen only to give back on Aud and commodities, for all that work the best that could be said is, I lost less than if I had done nothing, but more than if I'd had gone to cash and hid somewhere pleasant.

I am a devout optimist and so believe that we will come through this test of fire all the stronger. There will still be viable companies, banks, airlines, maybe fewer, but stronger.
People will still want to live in houses and send kids to school etc. So yes those that can buy what should be bought at the price that is right will be wealthy or wealthier. I don't believe that we are going back to an agrarian society, even if events of late point to the possibilities.

I come to the same conclusion that you do, inflation, expansion of money supply globally. So property will come back to the prices they were and the mortgages will be paid but of course the new "price" will be 50% the previous price in buying power as we printed 2X in the interim.

All of which brings me back to one of your posts where you used the analogy of the game LMS. Avoiding a land mine to get taken down by a grenade.

The irony of the inflation of money supply solution is that leverage of real things (real estate), that got us into the mess will be one way to profit from it. Borrow $(at low interest rates) to repay later in cheaper $. :}