$this->bbcode_second_pass_quote('hardtootell-2', '
')It is hard to invest for all possible outcomes.
PeakOil is You
40 points on the Future of the US
Re: 40 points on the Future of the US
by DantesPeak » Thu 25 Jun 2009, 21:53:54
I am investing/planning on just two outcomes - 1. the post peak oil era and its consequences and 2. inflationary loss of purchasing in the US dollar (to be followed by most all other currencies).
It's best to practical and not make leveraged or speculative investments due to the uncertainty of future energy supplies and possible greater government interference in all aspects of the economy.
It's already over, now it's just a matter of adjusting.
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Re: 40 points on the Future of the US
by hardtootell-2 » Thu 25 Jun 2009, 22:59:00
$this->bbcode_second_pass_quote('DantesPeak', '')$this->bbcode_second_pass_quote('hardtootell-2', '
')It is hard to invest for all possible outcomes.
')It is hard to invest for all possible outcomes.
I am investing/planning on just two outcomes - 1. the post peak oil era and its consequences and 2. inflationary loss of purchasing in the US dollar (to be followed by most all other currencies).
It's best to practical and not make leveraged or speculative investments due to the uncertainty of future energy supplies and possible greater government interference in all aspects of the economy.
Yes- I agree and I am also preparing for those big two but there is a huge range of flavors and versions that can catch us off guard. Things like climate change induced drought and storms, North Korea getting nuked etc. I think a slow crash is easier to prep for. In a hard crash scenario, there will likely be a lot of panic and fear and not enough information to make good decisions.People will either be running headlong panicking or frozen like deer in the headlights. On the other hand one thing we have going for us is that a huge percentage of the population is likely to remain oblivious or in denial until the shock wave actually knocks them over.
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Re: 40 points on the Future of the US
by Ferretlover » Sat 27 Jun 2009, 13:08:56
$this->bbcode_second_pass_quote('cipi604', 'T')hat should be around 2014 ... hmmm. And where does the oil go then?!
The military, of course.
"Open the gates of hell!" ~Morgan Freeman's character in the movie, Olympus Has Fallen.
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