Oh Goody........Invest in anything War related.
January 29, 2010
– Comments (12)
US plans to approve more than $6 billion in arms sales to Taiwan, likely to rile China
War is where the money is these days.........and Welfare as well.........it must be great to be WalMart at midnight on the first of every month when those food stamps debt cards get filled up with JP Morgan adminstrated money.
Welcome to the Welfare and War economy.......my guess is housing has another 50-75% to fall if we continue down the current path of losing 500,000 workers per week.....maybe more.
I have a very close friend with a very nice fully paid vacation home on Lake Michigan.....property taxes and up keep run about $7-$8K per month...........my guess is that he could barely give away that home today that was worth a couple million just a few years ago.
If you do the math, we are getting to the point where much of America will likely resemble Detroit due to massive unemployment.
We are simply parparing for the digital age.....it is not the end of the world, just the end of a world as you know it.