G Money <[email protected]> wrote: > > Shouldn't you be in your economic bomb shelter anyway, curled up in a fetal > position mumbling something about insolvency...? >
Not insolvency silly. That happened about 3 years ago. Now the new mumbling is about when the run-away asset deflation is going to start - just like 2007, it's inevitable just difficult to predict when and how. For example, the World markets haven't yet caught on to the fact that Europe's PIIGS banks are total bankrupt. Take a look at the Euro: it's 10% off it's max against the dollar! Now, there's no doubt it's got to adjust. But at the same time the US has to deflate too. When a country goes 10 years with zero grow, yet assets prices have all skyrocketed ... well, it's got to adjust. So today's mumbling is to cash out of your house if you can and put the money into swiss francs or into Finland, wait for the massive asset price and Euro crash, then enjoy your baller lifestyle. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:336633 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
