User 269477

How the Treasury Bubble Will Burst and Why

I've seen the movie Mad Max. Things didnt seem so bad, maybe even a little exciting. And Mel Gibson's shotgun shells were priceless in that movie...


On Jan 19 11:48 AM lance sjogren wrote:

>
> People decry gold bugs as beeing doomsters, but as the REAL doomsters
> have pointed out, if things get really bad, even gold will be worthless,
> since it has no intrinsic utility.
>
> So the real doomers are those who say buy bullets and beans.
>
> In my view, if things get as bad as they fear, even that strategy
> won't do much, it might buy you and extra few days or weeks of survival
> before you perish along with the rest of us. And, if the world gets
> that bad, I think it will be a world that will be so gruesome that
> we will welcome death.
>
> I don't think it will get that bad, but the point is that under a
> worst-case scenario, no strategy is going to do you much good.