If "Everything bubble" were to collapse eventually. What will we do?
Everything bubble:
1) Derivatives market - 500 Trillion.
2) Sovereign debt crisis - 200 Trillion.
3) Housing market - more than 100 Trillion.
4) Stock market - more than 100 Trillion.
5) Credit Card bubble - more than 100 Trillion
6) Automobile bubble - more than 100 Trillion.
7)Cryptocurrency bubble - more than 1 Trillion
Caveat: "We have run out of people to borrow! and the only way out is to print our currency to oblivion."
If this were to happen and it will happen eventually, everyone will have a very hard time, making 1929 or 2008 - pale in comparison.
But, is there a way to build a "Financial Ark" and prepare us for the "Perfect Storm."
Yes, there is hope - "Faith favored those who are prepared."
Basically, I will go to the same basic "Something of Everything" and "the leanest will survive best!"
So, what is the something?
Robert Kiyosaki - sum it best "Ground, Grab, Gasoline, Gun and Gold." Which in other words the necessity to survive in an eventual crisis.
Its the same with investment. Invest in all these categories.
1) Physical - Gold and silver (mobile and valuable)
2) Institutional - Stock of property and preferably "up-stream" food company which is plantation (a food commodity). Peter Lynch, sum it best "Put your money, where your food is"
3) Cash - Preferably cash in local and foreign denominations, in case of emergency.
4) A hide-out - look-out for your favorite "hide-out" and prepare all the necessary.
5) Pray - You really need to pray for being alive.
6) Attitude - Think and act rationally.
Good Luck! Amigo!
Yours Sincerely,
Dr. Lion.
Everything bubble:
1) Derivatives market - 500 Trillion.
2) Sovereign debt crisis - 200 Trillion.
3) Housing market - more than 100 Trillion.
4) Stock market - more than 100 Trillion.
5) Credit Card bubble - more than 100 Trillion
6) Automobile bubble - more than 100 Trillion.
7)Cryptocurrency bubble - more than 1 Trillion
Caveat: "We have run out of people to borrow! and the only way out is to print our currency to oblivion."
If this were to happen and it will happen eventually, everyone will have a very hard time, making 1929 or 2008 - pale in comparison.
But, is there a way to build a "Financial Ark" and prepare us for the "Perfect Storm."
Yes, there is hope - "Faith favored those who are prepared."
Basically, I will go to the same basic "Something of Everything" and "the leanest will survive best!"
So, what is the something?
Robert Kiyosaki - sum it best "Ground, Grab, Gasoline, Gun and Gold." Which in other words the necessity to survive in an eventual crisis.
Its the same with investment. Invest in all these categories.
1) Physical - Gold and silver (mobile and valuable)
2) Institutional - Stock of property and preferably "up-stream" food company which is plantation (a food commodity). Peter Lynch, sum it best "Put your money, where your food is"
3) Cash - Preferably cash in local and foreign denominations, in case of emergency.
4) A hide-out - look-out for your favorite "hide-out" and prepare all the necessary.
5) Pray - You really need to pray for being alive.
6) Attitude - Think and act rationally.
Good Luck! Amigo!
Yours Sincerely,
Dr. Lion.
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