Quote:

Until the Fed gets its shit together, you can expect things to get much worse before they get better.



The Fed? ha, this is beyond even their ability to fix or make worse....simply put, a "perfect storm" is coming in economic terms that is going to produce a world wide depression the likes of which have never been seen. There are a NUMBER of reasons that this is going to happen, but the best place to start is the credit crunch which, in actuality has been an issue and festering since 1995...

The situation is really fucked, so much so that no one is really talking about just how fucke dup things are or are going to get. It is too overwhelming and the average idiot consumer just doesnt understand what is going on...

I was spending a lot of time looking into gobbling up foreclosures here in New England, but even that, despite attractive deals and potential profits ON PAPER, with the economy going into a coma fairly soon, why do I want to add 5 or 6 properties if I wont be able to move or unload any of them for a good 4 or 5 years if the economy sinks and no one has the cash to buy them from me? I still will add a couple as investments for reasons other than cash flow or turning them over for a quick profit, but Gold and Silver, and certain other commodities are where you should be investing right now, and keep a sizable wad of cash accessible in a safety deposit box or big fucking mattress somewhere. Also, get a gun....
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Are you gonna eat that?