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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Think4Yourself who wrote (174820)1/2/2009 3:15:27 PM
From: Patricia TrincheroRespond to of 306849
 
Guns will have value........:>( but we all need to be protected).

Already we have people coming to us for help in many ways. Over Xmas a friend of ours almost died here from severe asthma. We made her go the the hospital or I think she'd have passed out from lack of oxygen and we'd have had to call an ambulance.........she has no insurance, no money, behind in every payment for car and home, and no power. Her water might be shut off by now. More stories like that are surfacing every day.

A British economist I saw speak mentioned that Swiss francs might be a good place to hold some money .

Of course it's hard to guess what will work as we don't know exactly what will happen.Probably, diversity will be the best hedge.

I heard an audio from a Dartmouth economics prof that predicted hyperinflationary depression and that does make sense. He thought that the value of the dollar would decrease and gold value would skyrocket. Not everyone agrees with him but he taped the audio last year and his predictions are starting to become reality.

His scenario is 2010 to 2012 and he claims our country is BK already.

I did see someone talk on TV about this country breaking up into regional territories............four of them. Ca with all the western states, , Texas with central US, the southeast and the northeast........a few years back no one even thought about such a possibility. Now it's being thrown out there !.................that would be bedlam and it still seems far-fetched.