PeakOil is You
Guys, I need your point of view...
Re: Guys, I need your point of view...
by UFCjunkie » Fri 18 May 2007, 04:18:42
$this->bbcode_second_pass_quote('malcomatic_51', 'I')f there is 15% inflation for four years, that is two thirds of your load paid off. If I were you I'd keep the flat but instaed concentrate on getting into a job that is secure and is likely to have a salary reasonably protected against inflation.
In a post peak oils society I don't know if that's a good thing. I mean, will there be loans...will there be money?
I hope there won't be, we have to wait and see.
$this->bbcode_second_pass_quote('malcomatic_51', 'I')Even during the Great Depression, there was still about 70% emplyment in the USA. The majority of people kept their jobs. The real tragedy of the Depression was that it affected certain sectors to the point of extermination, whilst leaving others not too badly off.
70% employment? What if the depression wasn't going to end like it did then? What if 70% employment went to 50%...40...30...none? Can you even compare the two? I don't think so.
$this->bbcode_second_pass_quote('malcomatic_51', 'I')t's an ancient monarchy with a liberal tradition, much like the Netherlands, Denmark and the UK. State structures are exceeding stable in such coun tries, there is very little chance of getting a military junta there. Sweden is large with a small population. It has highly educated people and gifted engineers. There are no guarantees, but if I had a choice between Sweden or Argentina, I know which I'd take.
In this modern society I wouldn't live in another country then Sweden, in this world as we live in now Sweden is one of the best for sure. But post PO I'm not sure. I think it can be a deth trap. Harsh/killing climate with long autums/winters with hard to get food. I don't know, have to wait and see on that one to. But post PO Argentina don't seems so bad anyway nice climate. As long the oil goes, the governments wont have the power they do now, the people will be stronger. Anarchy will rise...I believe...and then die short after that.
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Man Belongs To The Earth * Earth Do Not Belong to Man
27/3-07 The Day UFC Won The War!
Man Belongs To The Earth * Earth Do Not Belong to Man
27/3-07 The Day UFC Won The War!
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UFCjunkie - Peat
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Re: Guys, I need your point of view...
by UFCjunkie » Fri 18 May 2007, 04:31:47
$this->bbcode_second_pass_quote('mmasters', 'S')ell and put your money in gold, silver for the time being and rent. You can probably buy your place back for a small amount of the relative cost or something better when the world economy goes in the shitter and you've maintained your wealth while everyone has lost most of theirs.
I think this one is the winner!
I think this is what I want to do. I would feel better if I stayed in a rental apartment and invest my money in gold. and the meantime I spend on doing what I like best without have to worry about my money and my apartment
This has been in my mind for a longtime and I didn't get a better advice here IMO. I could be wrong but if it's not going the way I think the only one who is going to loose on this is me so...it's good.
I Love This Planet, I Don't Want To Kill It Anymore!
Man Belongs To The Earth * Earth Do Not Belong to Man
27/3-07 The Day UFC Won The War!
Man Belongs To The Earth * Earth Do Not Belong to Man
27/3-07 The Day UFC Won The War!
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UFCjunkie - Peat
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- Joined: Thu 08 Feb 2007, 04:00:00