In the not so distant past I'd read the novels "Patriots" and "Lights Out". Both really opened my eyes to some material foolishness I'd partaken of over the years. Many readers of these novels nit pick flaws in the novels (they are fiction, after all), but I appreciate the fictional disasters they conveyed. I believe I've been "cured" of being a spoiled American. (Please understand I'm definitely Pro-American/USA). I've personally squandered a lot of money in the past but also wisely invested some of that money. I got over it and have moved on.JoeMomma said:What else are some of you guys doing to hedge your bets in these uncertain times?
I'm not quite as optimistic, but I hope you're right.stoyan79 said:Couple of months ago, I was also thinking that we are heading for much worse times, however few fundamentals changed and now I think the storm will be over soon.
My prediction is sometime next year the economy will start recovering, consumer confidence will start to improve and people will start spending again.
1. Because we will have new, conservative president who will make sure we get more nuclear power stations, drilling for oil will hit yet a new record, and in the next few years we will have the opportunity to buy reliable and cheap cars that do not need gasoline to run.
2. Because the dollar is already gaining against the euro and the loosing trend is over - I predict much stronger dollar, gaining against foreign currency in the next few years.
3. The inflation scare is over as of this month, as dollar is stronger and oil is way off its $150/barrel heights.
Its good to be prepared, but lets not overdo it ... good times are coming once more to the greatest nation on earth!