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To: old curmudgeon
I did not ask any questions and you seem to be confused about which came first the chicken are the egg. You can take that argument to the play house with the other children.
28 posted on 10/04/2008 6:35:15 PM PDT by org.whodat ( "the Whipped Dog Party" , what was formally the republicans.)
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To: org.whodat

What is your suggestion for someone who has become 90% liquid (USD) during the last year? Where does one find a safe haven these days?>>>>>>>>>>>>>>>

Take money and place it in an offshore account in a national bank that is highly regulated. But the best would be to go off shore, say to China,India,Australia, Brazil or Canada....

AS A BRAZILIAN I can tell you guys... put your money in a savings account with any registred Brazilian Banks because in Brazil saving accounts have a assurance from the Brazilian Government up to a limit.

Out of that prefer to work with the Government Banks like Bank do Brazil and Caixa Economica Federal because they belong to the government but...

Prepare for devaluation, the brazilian currency has coming from 4,00 to 1 USdolar (2002) upt to 1,55 to 1 USdolar (ago, 2008). By now its value is 2,00 to 1 USdolar and going down.


30 posted on 10/04/2008 7:24:46 PM PDT by hidden
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To: org.whodat
Sat 04 Oct 2008 05:46:18 PM EDT · 25 of 33
org.whodat to old curmudgeon
How come we have about ten million empty houses??? And about that many spaces available in uncompleted subdivisions and apartment/town house complexes. and how come the foreclosure rate for the last ten years has been so low.

The above is a direct quote of your message to me.

Those are not questions?

Forgive me. I am so dense that I thought they were questions.

As for the chicken or the egg, that has always been a stupid question.

And the answer to the question is moot to anyone with any common sense, for those with common sense know that it takes both if you are going to have chickens.

While the intellectual elitists sit around contemplating their navels and trying to decide which came first, the people that make the world work are in the chicken business.

34 posted on 10/05/2008 6:30:52 AM PDT by old curmudgeon
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