Plan B Blog Quotes

"I'm talking about an ice-nine event that radically and almost spontaneously alters our upward trajectory of standard-of-living."
(take me to that blog)

"We are overly dependent on frail things."
(take me to that blog)
Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Tuesday, March 3, 2009

Mr. Crazy Has Friends

I'm not using this blog just to cast a dark vision over your other-wise joyful heart. I hope to share solutions that I find along the way.

While doing some research on inflation-hedges, I ran across an article with this comment: "For a number of reasons, wars usually occur in tough economic times. Governments always like to find foreigners to blame for their problems, and that includes other countries blaming the U.S. In the end, I wouldn’t be surprised to see violence, tax revolt, or even parts of the country trying to secede. I don’t think I can adequately emphasize how serious this thing is likely to get. Nothing is certain, but it seems to me the odds are very, very high for an absolutely world-class disaster." I hope you'll take time to read the whole article and consider it carefully.

Although some folks (after reading earlier blog entries) suggested I might be melting my precious metals down to make bullets (more on that later), I still am thinking that holding more precious metals might be a good thing as Plan B world wears on.

Others like the idea of commodities as hedges against the inevitable inflationary cycle.