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alstry (35.42)

Oh Goody........Invest in anything War related.

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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.

12 Comments – Post Your Own

#1) On January 29, 2010 at 1:53 PM, ChannelDunlap (< 20) wrote:

First!  In before Alstry replies to his own post!

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#2) On January 29, 2010 at 2:07 PM, ttboydxb (28.78) wrote:

So you're thinking BAC is a strong buy?

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#3) On January 29, 2010 at 2:09 PM, alstry (35.42) wrote:

Depending the nature of the war.......the digital age is very volitile and uncertain right now.

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#4) On January 29, 2010 at 2:20 PM, carcassgrinder (37.43) wrote:

Alstry....we are already in the digital age...we are in the future....

 

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#5) On January 29, 2010 at 2:27 PM, wolfhounds (29.21) wrote:

What are you, 16 years old? Or maybe you never took world history before the 20th century. War has been the number 1 budgetary item since the Greeks. The Romans weren't too bad at war spending themselves. Stop putting us to sleep with someone else's opinion. If you have someting informed to say on the subject that may even be germain to investing, let's hear it.

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#6) On January 29, 2010 at 2:36 PM, alstry (35.42) wrote:

I note that all the economies you mention imploded as did the societies due, in large part, to excessive military spending.....but it was not the end of the world.....but it sure sucked for those citizens.

OK, as far as investing....if you own anything that is going to be obsolete in the next few years, my suggestion is sell now.........here are a few things going obsolete today.

All 5 Denver Area Appliance Worlds Closed

Bremer Hardware Store in Gridley - All Employees moving to Ace

Brunswick Maine Naval Air Station - Closing 2 Runways , total Closure in May

Onondaga County Electronics Recycling Center 

Merced Hyundai Dealership in Merced CA

Louis Leather & Motorcycle Wear in Downtown Maple Ridge

St. Joseph School in Joliet 

The RC Cola-7UP plant in Buena Park Ca - Shutting Down Later this Year

Hastings Entertainment Inc in Rio Grande Valley 

Honeywell Hobbs Expected to Close Springfield Plant by Year end - 120 Jobs Lost

THE PROBLEM PEOPLE WILL HAVE THIS TIME AROUND IS IT IS A PARADIGM SHIFT....NOT A CYCLE CONTRACTION

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#7) On January 29, 2010 at 2:52 PM, wolfhounds (29.21) wrote:

Better check your historical references. The Greeks , Romans, Ancient Egyptians and so on had empires that collapsed primarily because greater empires arose that conquered them. And so it goes on. BTW, you must be quite one dimentional, whoever you are. My question related to investing in war related issues, not the obvious headlines I also read.

Do you have an answer for why these plants are closing? Do you have any recommendation on economic or political polocy that would change current economic trends.

You think potato chips will become obsolete? I can't eat just one.

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#8) On January 29, 2010 at 2:59 PM, jason2713 (< 20) wrote:

Leave it to gov't to screw us all, gotta love it.

How about that gold!  I'm getting pummeled.

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#9) On January 29, 2010 at 3:05 PM, alstry (35.42) wrote:

I know Greeks, Romans, and Egyptians....they are all friends of mine.........and they say different.......but we could both be referencing different hostorical periods as they all have very long and exciting histories.

If you don't believe me, just take a stroll through Pompeii one day, and bring your wife or girlfriend along....I guarantee you will have a great evening.

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#10) On January 29, 2010 at 3:13 PM, alstry (35.42) wrote:

Whoops...I missed the other part of your question....Pompeii distracted me a bit.

Yes, I have an answer......our economy is not structurally set up for a contracting credit environment....we are a credit dependent consumer based economy.

As a result of contracting credit, rising borrowing rates, and near zero savings rates....it is mathematically certain that many businesses, families and governments will go bankrupt simply attempting to service a mathematically unservicable amount of debt based on a zombulation policy......my current sensitivity analysis leads me to believe that somewhere between 70-90% will fail.

BTW...a much lower percentage than what happened to all of the cultures you mentioned above during a number of times during the respective histories.

 

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#11) On January 29, 2010 at 7:47 PM, ralphmachio (25.37) wrote:

Paradigm Shift- I agree. Some people just can't sense it. 

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#12) On January 30, 2010 at 10:14 AM, jddubya (< 20) wrote:

"I know Greeks, Romans, and Egyptians....they are all friends of mine.........and they say different"

LOL, sure Alstry, sure

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