Not a pretty picture at all. (For a longer term perspective, look here, and for further background, please see this earlier thread).
Not a pretty picture at all. (For a longer term perspective, look here, and for further background, please see this earlier thread).
Looks like we’ll all have to go out and get real jobs instead of sitting in coffee shops playing on our computers, reading T-19, and watching TEC collapse…
http://www.itulip.com/forums/showthread.php?t=5813
Indeed. In addition, those who have retreated into Treasuries, be minded that the overseas dollar short is likely to abruptly reverse (and will have to do so eventually). At that time the Treasury bubble will pop as well, and we will go from deflation (due to the overseas dollar short) to hyperinflation.
Pay off your debt. Buy PM if you can get it in physical form. Real estate may also be okay. But most of all pay off your debt.