- Joined
- 10 July 2004
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- 3
Do not despair.
We started off with a big bang from a black hole.
gg
Too many idiots screaming the sky is falling lately. I'd say this is the trend that is likely to continue. But the world will keep spinning. They have been predicting the end of the world since the beginning of time. So what if a currency collapses? So what if a war breaks out. Chances are you will live through it all with a front row seat. The amount of fools on Youtube working themselves into a frantic panic is ridiclious. They might as well just stick a bullet in their head now.
In the case of the $USD, YOU pay more for everything, until you can't pay for anything?So what if a currency collapses?
So what if a war breaks out.
And closer.Events keep getting closer
And closer.
We are really heading into some previously charted territory here.
The world is doomed.
Humans have almost failed.
Not many chances left.
Maybe that one was a bit over the top...
Do you know something we don't?
Really wonder how the current financial systems will handle the stresses on the collapsing stock markets and loan pressures. I understand that margin calls are sharply rising.
It will also be interesting to see how the nominal asset values of institutions are going to compare to liabilities. Might not be a good look.
That was a very interesting Kaiser report. Worth a look.
Thanks
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