What makes us Tick
This old cartoon captures the folly of life. The beginning is especially funny, but notice the role of business and bankers!
Oh how wonderful our life is! (Was anyone REALLY happy? – note the hapless John Q. Public)
This model actually worked well as long as the rule of law was in place, but now banksters are immune from legal reprecussions and regulations have increased to the point that this is not viable. Not only are the small business owners squeezed but jobs have become scarce. The shock will be most felt by the wife lazing on the sofa at the beginning of the cartoon.
The current economic system has been corrupted and is not mathematically viable so it is advisable is to accumulate MONEY that is not paper (meaning NOT currency).
The motto for 2012: If you can’t actually roll around on it naked, you don’t own it! The most common asset classes will become worth the paper it is printed on.
CL
7man
Now we need a link to that Ann Barnhardt interview concerning that MF Global travesty to explain why this form of investment is now a terrible idea unless you are a well connected bankster.