Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: urbanpovertylawcenter

I don’t know how to protect myself either ,,, I’m thinking buying good land on a long term dollar denominated loan and setting aside the payment money ahead of time to get larger lots cheaply when the dollar crashes.

People talk of barter goods ...

I can’t stop thinking of the smarties that bought IBM and Coca Cola during the 1930’s/40’s after the bottom...

I don’t see any salvation except an asset backed currency ,, wishing a few states issues oil backed notes or silver/gold backed notes. Canadian $$$ is good because of their oil and lumber resources.


8 posted on 04/30/2013 3:52:53 AM PDT by Neidermeyer (I used to be disgusted , now I try to be amused.)
[ Post Reply | Private Reply | To 4 | View Replies ]


To: Neidermeyer
I’m thinking buying good land on a long term dollar denominated loan

Worst case scenario - A Zimbabwe-style seizure of your land. Done in the interest of "fairness" of course.

Likely scenario - Property taxes soar through the roof so that you pay your "fair" share.

When SHTF, land ownership will mean squat.

17 posted on 04/30/2013 4:18:43 AM PDT by peyton randolph (FUBO and his wookie beard)
[ Post Reply | Private Reply | To 8 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson