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


To: TobagoJack who wrote (93175)8/7/2012 4:59:56 AM
From: Maurice Winn4 Recommendations  Read Replies (2) | Respond to of 217742
 
Good grief TJ. That's 1000 years: <note that two gold dinars can supposedly provide sustenance (food, water, basics) for extended family over 30 days elapsed time 10 centuries ago, and can do same this day > As a return on investment, I'd want more than that. But each to their own. Qualcomm has done 100 times better than that. Each year QCOM earns me more than my original investment. Gold doesn't earn any return at all, and has the added cost of digging a hole in the ground to protect it, and paying people to guard it.

Meanwhile, billions of people are crowding into Cyberspace which is The New Sovereign. Politicians are trying to get a grip on We the People, introducing their kleptocratic suffocatocracy to Cyberspacoids, but they will lose because they are divided and we are united.

Countries are a matter of common interest. Other forms of common interest have formed over centuries, such as Catholicism, Freemasons, Islamic Jihad, Communism, PETA, Global Warmsters, Gold Bugs, Rugby Union, in which loyalty to the ideology exceeds loyalty to a particular geographic political realm. But those rarely rise above the totalitarian power of the geographic imperatives.

Cyberspace is different. Very very different.

Some backward thinking people believe China will become The New Sovereign. Some people thought Japan had become that in 1989 but I explained to Yukari Hayase who was staying with us that Japan was about to learn about big busts after big debt-funded booms.

Japan had become not a follower working for low pay, but a leader the technological revolution. China is still a follower working for low pay, but with economies of scale it appears to be doing better than it really is. A billion people providing $100 each is serious money, even if they are mostly poor.

Cyberspace rulz ok,
Mqurice



To: TobagoJack who wrote (93175)8/7/2012 6:06:09 AM
From: KyrosL  Read Replies (2) | Respond to of 217742
 
Two gold dinars invested at 1% real annual return, instead of buried, for 1000 years result in ... 41,918 gold dinars. That's roughly $20 million at current gold price. Can sure buy a lot of basic sustenance with that.