Reply to Mad_Hatter
I applaud your post.
Thank you for that. I understand what you are saying, but I am not
posting this to disprove a conspiracy or anything like that. I posted
this in earnest as to my real concerns about what I have been reading
about the economy and the problems that America may face in the near
future. I think what I have taken from the conversation is the
ability to look at the current situation for what it is. And it may not
be beyond saving or even, quite honestly, that bad... yet.
That does not mean there may be something in the furure that wacks America right in the economic "butt" and throws us for a loop. I believe this is
very possible and maybe even likely if we strike Iran. But again, even if we do strike it will not be this immediate armaggeddon situation x like
everyone always talks about.
My hope is people will read it as it sounds. Not dire. No reason to be
selling your life and heading to the mountains. And something I think
people forget is even if some major catastrophe occurs and the economy
tanks there will still be trade, probably locally mostly, but there will
still be some sort of trade. We are not barbarians. Look at the dark
ages. Plenty of building, advancement (although, obviously stiffled for
a few hundred years) and sought after luxuries.
Its not as if all of a sudden your home will up and disappear, your car
will be gone and all the food will be missing all at one time.
I certainly agree people should be prepaired for the worst at all times,
but I think (as a thread comes to mind) people should not let the ATS
effect get to them to early when the current 'signs' just aren't telling.
Reply to pluckynoonez
Big business is going down. Big dominoes in a domino-effect
trickling-down our way. You can be certain, my prediction of total
financial armageddon by November 1, 2008 will happen.
I understand how appealing this notion is, but I hope you read my post
above. Just try to keep your feet on the ground. Have no fears girl.
Even if it happens whatcha going to do about it? I hope continue to be a
Reply to Swingarm
So do your own research and don't listen to lawyers.
Not a bad rule to live by! LOL. When I said he was a lawyer I tried to
say that tentatively. His job was not a lawyer per se. I am sure he is somewhat of a financial analyst, but he handles much of the legalities of
Morgan Stanley trusts, thats why I called him a lawyer. But like i said in the OP I really don't know the title of his position. Also, wanted to
point out, he must have some higher position within his branche. I know he travels across the country on business paid for by the company.
Just trying to give an idea about his credentials. In other words he definitely is not the janitor!
Reply to TheComte
who would trade food for gold? Not me.
Personally, I think gold is a good idea in any case, be it Sit X or some kind of economic downfall. It can help you get back on your feet when the
economy recovers and it will always be a worthy trade for some essentials.
Reply to 2stepsfromtop
Welll first of all, he is a Lawyer,
Please see my reply to Swingarm
I agree with most everything else you pointed out. Thanks
[edit on 14-7-2008 by abelievingskeptic]