aapladay

Historic Financial Collapse Underway?

In the global economy we are just to dependent on each other for one country to let the other go under. The middle east might want all of our money, but they must strike a balance or we will rebel against oil like we are have been doing.
Like some readers have said, if our economy goes to crap, gold will not be the thing to own, it will be food, tools, and equipment. The worst case scenario is we will not be able to drive, but still have electricity because we have abundant resources for it. We have enough farm land for food.
Bears always act like there is money to be made in a world that goes back to living in huts. NO! Money is made in a world of progress and growth. Scaring people to death with articles and comments like this is a great way to scare people out of the market and make money with your shorts.
There are so many ways to be creative and get out of this housing mess. One is for someone like me to upgrade to a nicer house and the person who couldnt afford that could move into mine. It really comes down to a game of musical chairs, but with houses.
And gas? It is so easy to fit 4 people into that gaz guzzling SUV and turn that average 15 mpg commute into an average effective 60 mpg per person. There are also so many old good used Hondas and Toyotas that get 30+ mpg, I know, I owned a Honda for commuting and a Ford truck for house projects.
Yes, this could be the worst moment in world history if we listen to crap like this, OR we could use it as an opportunity to go to the future we have been dreaming of since we were kids.
Well please forgive my unorganized rant, but I hope I made some points.