Wednesday, January 13, 2010

Only for those with strong stomachs . . .

Cut and paste the following into your browser, or simply click on the article title above.

http://finance.yahoo.com/tech-ticker/marc-faber-the-next-thing-you-need-to-worry-about-is-the-piigs-403497.html?tickers=tbt,tlt,%5En225,%5Eftse,USDJPY=X,%5Egspc&sec=topStories&pos=9&asset=&ccode=

What some of us here on this site have been predicting for years is now becoming main stream commentary. Let me summarize:

Country lives above it's means and overspends;
Country borrows and borrows and borrows to maintain lifestyle;
Country can no longer borrow because no one will lend;
Country prints more money destroying middle class through hyperinflation;
Country either takes it or revolts;
New Country with people pledging to be responsible and to make better choices;
New Country rarely learns from the past. But it's different here, we are Americans, you don't understand . . .

hmmmm where are we in this process here in the US? Not sure? Go back and read the posts on this site from Sept 5 and Sept 8 of 2008.

I hear that you can get info on workshops being offered on this topic if you ask for help. email me and I'll point you in the right direction johnwooden@live.com