Family Crest

Family Crest
Motto: I will never forget. [ Source HouseofNames ]

HUMANITY DOOMSDAY CLOCK - Moves forward to 2125 due to election of US President trump.

Estimate of the time that Humanity will go extinct or civilization will collapse. The HUMANITY DOOMSDAY CLOCK moves forward to 2125 due to US President trump's abandonment of climate change goals. Clock moved to 90 seconds to doom at December 2023. Apologies to Bulletin of the Atomic Scientists for using the name.

PLEASE QUOTE, COPY and LINK

While this material is copyrighted, you are hereby granted permission and encouraged to copy and paste any excerpt and/or complete statement from any entry on this blog into any form you choose. In return, please provide explicit credit to this source and a link or URL to the publication. Email links to mckeever.mp@gmail.com

You may also wish to read and quote from these groundbreaking essays on economic topics with the same permission outlined above

The Jobs Theory of Growth [https://miepa.net/apply.html]

Moral Economics [https://miepa.net/moral.html]

Balanced Trade [https://miepa.net/essay.html]

There Are Alternatives to Free Market Capitalism [https://miepa.net/taa.html]

Specific Country Economic Policy Analyses - More Than 50 Countries from Argentina to Yemen [https://miepa.net/]




Translate

Saturday, October 11, 2014

Cynical Investment Strategy


Barry, My Liege:

Despite the looming shadow of doom facing humanity, some souls may be wondering about how to make good investments.

Personally I think spending some time in the sunshine and playing with grandchildren is the best possible investment; but, others may disagree.

Consider that the recent financial crisis consisted of an asset bubble in real estate followed by crashes of markets for all assets and commodities and a pretty severe recession.

Is it likely to happen again?

These events were caused by the felonious bankers at the top of our financial system who committed massive frauds in order to make thermselves richer.

And, My Liege, these are some of the very fellows who have bankrolled your political career.

For shame, My Liege; for shame.

You can read the full story from William K. Black as seen on the Bill Moyers show here http://billmoyers.com/episode/full-show-big-jail/

I digress.

The same criminals who perpetrated the recent crisis are not only free from prison, they are still in charge of our financial system.

It's a sure bet that we will see another asset bubble followed by a financial crisis and collapse. After all, it is what they do.

Were I to look for coming asset bubbles I would look for commodities essential to life. Although we cannot monetize air, we can surely monetize water. In fact we are doing so around the world.

I would look for rapid price increases in essential commodities like water, grains, metals, oil and so forth as a possible sign of an asset bubble.

If signs of a bubble are visible, then it may well be time to sell off physical assets and convert to cash and hold the cash while looking for distressed assets.

Your faithful servant,

No comments:

Post a Comment