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Tom Gardner[_15_] Tom Gardner[_15_] is offline
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Default OT WSJ -- Does the estate tax hurt farmers and family businesses?


"Karl Townsend" wrote in message
...

THAT'S where we are headed, my friends.
That's the great abyss.
Our valuable Greenbacks turning into Monopoly money!

So the real question is - what will the "hard currency" of the future
be?

Yen? Yuan? Pesos??? Or toilet paper and Tampons????

Considering that ob Tampons are now out of production and going for
nearly
$40 a box... well....

Like I said before, Karl, I have no clue.
(nor do I believe anyone else does either!)



Interesting story.

i


Yep, Iggy is right, a prudent move for my investments at this time
would be from 60/40 bond/stock to maybe 20/80 bond/stock.

But, that's just for while things stay normal. Our economy is a house
of cards. I don't know when, but sooner than later seems likely, a
couple of cards holding the whole pile up are going to be kicked out.
Then my protfolio don't mean jack s#$%.

Karl


Actually, I do believe that America won't just go quietly into the night.
We have the capacity that when we reach a certain point that people will
roll-up their sleeves, cast aside the people and the policies that are
destructive and get back to the core values that made America great. But,
in the mean time, a lot of wealth will disappear. Kind of like hitting the
"Reset" button on your computer and running an AV program, that last ten
minutes of the spreadsheet and Word document will be gone, a total waste of
time. All that has to happen is for America to come to the realization that
Socialism is a bad idea and doesn't work. Depending on how long that takes
is the key to how much suffering will happen.