my problem is, if the "if" and "when" come before or after the next BIG down cycle... will Chine wait that long???
Posted on 09/06/2015 10:27:16 AM PDT by blam
needs to retest recent low
>> CWII... nothing, that includes dollars, stocks, gold or land will save anyone’s financial rear end.
True. But investing dollars in land + equipment + renewable energy + livestock + guns ‘n ammo + etc. might allow one to weather the storm without starving.
Takes time to get there, however. I hope GOD grants us the time we need to prepare before the correction comes.
Yes, to have land and the necessities to survive is certainly a plus.
I’ve watched TV shows Jericho and Revolution where apocalyptic scenarios result in utter chaos or a feudal type society. I believe this is somewhat accurate, that will start with roving bands of people taking what ever they want.
In other words, to have land, gold, food or guns is a pure negative when confronted by such bands of thugs. If as individuals or as a group, if you are outnumbered, especially by ex-military or cop types, you are screwed. This scenario is will certainly play out in densely populated areas, especially where there are high concentrations of libs.
Those with the best chances of survival are those in remote outlying areas where owning land, hunting, agriculture, heating with wood, owning machinery and keeping large stocks of food and fuel is a normal way of life. A normal way of life they have lived since childhood and so do their neighbors. So yes, under this scenario, your statement is quite correct.
Just my two cents worth.
The market is a house of cards with no sound foundation - the volatility is a reflection of that.
Both national and international fundamentals all say we are far from the bottom - but things are surely headed that way.
Any wisdom on where to put one’s assets is greatly appreciated.......assets that are most desperately needed in a depression seem the best place.......
Show me one REIT that’s a good investment........
Yes. Inflation does not jump from nation to nation. Deflation does.
Monetary policy can affect inflation (but not hyperinflation), but no monetary policy can affect deflation.
Inflation does not necessarily feed on itself and snowball. Deflation does.
Inflation hurts only the small and average guy. Deflation hurts everyone.
Deflation is virtually impossible to stop.
This is why money people and central bankers fear deflation so much.
And why there’s a good chance we are headed that way.
A must read: “How to Protect Your Life Savings from HYPERINFLATION & DEPRESSION” by John T. Reed - only at his website......
Yes. Inflation does not jump from nation to nation. Deflation does.
Monetary policy can affect inflation (but not hyperinflation), but no monetary policy can affect deflation.
Inflation does not necessarily feed on itself and snowball. Deflation does.
Inflation hurts only the small and average guy. Deflation hurts everyone.
Deflation is virtually impossible to stop.
This is why money people and central bankers fear deflation so much.
And why there’s a good chance we are headed that way.
A must read: “How to Protect Your Life Savings from HYPERINFLATION & DEPRESSION” by John T. Reed - only at his website......
The next BIG thing of course.
When you consider the history of economic boom and bust cycles for the past 150 years, you have to consider what the primary movers were and the byproducts they created.
We can start with the Industrial Revolution then Electricity and then the current innovation cycle we are in, the Integrated Circuit.
It brought us the logic processor, Moore's Law, PC's, the Internet, Smart Phones and lots of software but it's all based on the core innovation. As with all previous innovations each successive one has been met with a shortened life cycle and the commoditization of virtually everything that is produced. And this is happening faster all the time.
The Fed and buying time to the next Big thing.
From where I sit, I can only see a few things on the horizon that show any promise.
Alternative Energy, not economically viable but worth pursuing. BTW, I think the Feds put way too much hope into this.
Nanotechnology, but more specifically, material science. Potentially the most impactful, but not quite there yet.
Genetics, gene therapy and life extension is getting closer but it's economic value is wholly different than the others.
There may be other potential "game changers" and I would love to hear about them.
Soo, here's the deal when it comes to the money. There is an extraordinary amount of money available that is ready and willing to jump into almost anything that shows promise. All with risk of course, but ready, none the less. The Feds have successfully created a monetary policy that would and does encourage investment but, here to for, those investments haven't found anything that is anything more than another extension of what is already there.
You must understand that "If" and "when" that truly revolutionary innovation presents itself, the money will flood into it soo fast it will make your head spin.
And it will be like going from the horse to a car.
Nice chart.
Do you know where the numbers come from that paint that chart?
You do know that virtually all of these indices are “Products” that are packaged and sold?
Thanks.
Unfortunately there are way too many people both here and the media tools that don’t understand what is at stake.
Personally, I’m hoarding as much cash as I can.
I couldn't agree more.
Our government has been (recently) crafted to protect stupid people from making stupid decisions.
But if the dollar is to totally collapse as many predict, cash will be worthless............
Hopefully there will be some early warning signs, even a few days worth, if such a collapse is coming.......
Let’s see.
We are living in a very connected global economy with only 6 or 8 other real players. All of which have their own very real deflationary issues.
Japan, #2, is a disaster.
China? they are basically the slave labor for the rest of the world.
The EU is pretty much Germany and they wont be able to carry the weight for much longer for any number of reasons. The EURO currency will not last.
The UK doesn’t produce anything tangible.
None of the other players are even close to what the US is.
We are the best house in a really bad neighborhood and there is no way the money wont move this way.
Ooops, my bad. Here's the link to the Yahoo graph of the indexes; it's interactive and iirc they got links to how S&P, Dow and NASDAQ all generate their numbers.
Especially those with zero savings, living paycheck to paycheck.
In addition to being heavily invested in the European Banks, the collateral damage that's coming from China's imminent collapse is also going to hit us hard.
Not being invested in China isn't going to save us from the collateral damage China's collapse will do to Russia and the rest of Asia/Pacific.
The crash of '29 didn't happen overnight either...
My thinking exactly. As someone said, all currencies are falling rocks - because they are all fiat money - but the dollar is falling more slowly than all the others.
But in my gut, I have to believe that all the QE/money creation cannot occur without serious consequences. It’s only not a problem now because all those dollars are not in circulation (M3).
I personally believe the reason we are not seeing inflation (we are in things like food) is because we have simultaneous inflationary pressures and deflationary pressures (e.g., oil, poor economy, true unemployment, etc.), with the deflationary pressures cancelling out most - but not all - the inflationary pressures. I’m by no means an economist - or even a math major - but it seems to me no nation has ever been in this situation before.....
The book “This Time Is Different - Eight Centuries of Financial Folly” by Reinhart and Rogoff (”This is quite simply the best empirical investigation of financial crises ever published” - Niall Ferguson) says I’m wrong though........
my problem is, if the "if" and "when" come before or after the next BIG down cycle... will Chine wait that long???
Amazon...
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