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


To: Maurice Winn who wrote (54902)9/13/2009 7:56:02 AM
From: elmatador  Respond to of 217573
 
By 1979 the lies were plain to see! Knowledge is power. So let's use it! Three years before the Debt years started, I was already knowing it would come. Got prepared.

Paul Volcker's skyrocketing interest rates was fleecing. European concocted the second oil shock (to make as much money as possible form N. Sea oil) and the way from there was only one down.

Pole Climber Elmat was not going to tie himself to the sinking ship. I needed to bail out.

Then I had a kept Louis Pasteur motto:"CHANCES FAVOR THE PREPARED MIND".
Great quotes the French man have!http://thinkexist.com/quotation/chance_favors_the_prepared_mind/214449.html

And I was really prepared. I knew the level of ignorance the populace had. The leadership was low level. And they did not have ANYTHING to as a countermeasure to the fleecing going.

The only thing sensible they did was to start ethanol to spend less USD (loaned as recycled Petrodollars) to pay for the oil the country needed.

I was not going to give my feathers to Volcker. No sir.