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

To: RJA_ who wrote (101733)2/28/2009 12:15:41 PM
From: Box-By-The-Riviera™3 Recommendations  Respond to of 110194
 
should we start guessing the math on that one??

you have 100k in cash today
tomorrow what is it? 10k?

you have 100k in gold today
tomorrow what is it? 1 million?

you own 100k in shares of a company today.
tomorrow what is it? 1 million?

you own real estate valued at 100k today.
tomorrow what is it? ??????????

repeat exercise for purchasing power from old currency into new currency.

meanwhile, get very drunk and go to practice range, both in appropriate order. do not, i repeat, do not consider denial as an answer to above questions.



To: RJA_ who wrote (101733)2/28/2009 5:20:54 PM
From: Little Joe2 Recommendations  Respond to of 110194
 
Sadly, I believe that is the only real possible outcome. The economy is like a terminal cancer patient that refuses to stop smoking. It is beyond salvation in its current form. The only thing we can do is administer pain medication and wait for death.

lj


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