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


To: Amark$p who wrote (53400)8/10/2009 7:36:26 PM
From: TobagoJack  Read Replies (1) | Respond to of 218919
 
<<... Bad loans are being piled on top of bad loans and new mal-investments are being piled on top of earlier mal-investments, thus creating even more distortions within an economy that is already labouring under the distortions created by previous rampant credit expansion>>

i am not sure that providing housing and electricity and water and schools and ways to get from a to b, and such constitute malinvestment

and i am also not certain that all of the above that one can touch and see everyday everywhere is what illusions are made of

but yes, buygold, buymoregold, buymuchmoregold are always good advice, especially if to mineralize excess savings and solidify surplus capital

while i was in beijing i partook in the pleasure of buying a few red bean ice popsicles of the traditional sort which i used to do when much younger

they used to cost rmb 0.03-0.05 per pop back in 1970, and now, rmb 1.00, a believable 9% per annum annual dilution rate.

so, yes, definitely, for idle capital and bored savings, getgold