Very interesting take, however based on other examples around the world, demonstrations and violence typically start when the government unions have their gravy train interrupted. Seldom have the producers started these activities. I think this is the bet Obama is making, specifically that he can sacrifice the private sector for the next two years while continuing to artificially support government entities. Case in point - WSJ today reported GM was getting a $40,000,000,000+ tax break. The UAW is essentially now a government supported union. I have seen riots in Detroit and I will guess I will see them again. His lifting the cap for bailing out the GSEs (Fannie & Freddie) also support this notion.
Find a safe place my friend.
Okay - Let me preface this - I’m no financial guru, whatsoever.
What does one do if they have cash sitting in the bank? What should one invest in right now, if anything? Real estate, gems...???
Please don’t slam me. I’m a lay(wo)man.
I must say....you Freepers have educated me more than any college could! Thank you!