Want to be frightened? Watch this.

by Mark on March 5, 2009

I’m off to dig up my gold.  Run for the hills…

Share and Enjoy:
  • Facebook
  • Twitter
  • LinkedIn
  • email
  • del.icio.us
  • Print
  • Posterous
  • Google Bookmarks
  • Digg
  • RSS

{ 6 comments… read them below or add one }

1 Simon March 5, 2009 at 8:32 pm

You're damned if you do and you're damned if you don't. Spend and disappear or play laissez-faire and watch your entire economy disappear up it's own backside.

The last great depression in the US (1920's) took many years to spread worldwide and even though the speed of the world economy is different now I think it's right and sensible that somebody's trying to do something.

An interesting graph to look at now is this one:
http://en.wikipedia.org/wiki/File:Population-mi...

Recognise the shape?

News is news and anchors will always be anchors……….

2 Mark Hendy March 5, 2009 at 8:44 pm

All I know is that my (your) grandparents reached working age just about the time of the “great depression” and they never had any money. They lived life in poverty, and I fear for my (your) children in the same way.

BTW, did you see the photo of Granma' in the post below?

3 UncleBulgaria March 6, 2009 at 8:57 am

This is excellent news. As a man with no cash but loads of cheap assets in Bulgaria, I am ideally placed for the hyper inflation that is round the corner.
The only danger is that the whole world financial system collapses and assets become idle, because the basic banking structure is paralysed so that customers cannot pay for goods or services.
Both hyper-inflation and financial paralysis are real dangers, but probably the hyper-inflation will prevent the financial collapse.
Richard Roe

4 Mark Hendy March 6, 2009 at 9:08 am

Richard, UncleBulgaria… bwahaaaahaaa. That's such a brilliant username! When are you next going over to Bulgaria? Drop me a line, I may come with you.

Mark

5 UncleBulgaria March 6, 2009 at 9:50 am

Mark,

You know you said when we last met, that you had not invested in any company because you had not found one worth investing in. The reason is that you have not been to Bulgaria.

I have no plans at the moment, but probably when the yearend is over, in May.

Regards Richard

6 Mark Hendy March 6, 2009 at 9:56 am

Ok, well let me know.

I did go to Romania last year. Thats virtually the same thing right? ;-)

Leave a Comment

Additional comments powered by BackType

Previous post:

Next post: