YES - if Tyler Durden is one guy, then he must be permanently addicted to methamphetamines. HAHAHA!! There is a tremendous amount of energy being put into the articles at ZeroHedge. They may not always be perfect, but somebody is trying hard to express an alternate viewpoint.

I have given up on all forms of alarmism. WHAT WILL BE - WILL BE. If you look at the stock market objectively (who is still objective these days?), then the market is seriously over-valued. If you look at bonds, they are also in an enormous Bubble. And everyone knows it. Furthermore, there is ample evidence that sovereign bonds, issued by entire countries, are themselves worth only a FRACTION of their current price. Greece is the best example, but there are plenty of others. And finally Real Estate is also highly dependent on what people are willing to pay, so that market can tank as well. THIS MEANS that if and when the system goes catawampus - the financial losses for average Americans will be huge. Most people depend upon some combination of stocks, bonds or real estate to try to preserve their wealth. It cannot be.

I am reminded of the sage advice from a friend ...

Try to always have the skills for one white-collar job, and one blue-collar job. THAT WAY, if one set of skills becomes worthless, then you still have the other set of skills. You can get by!

Pete


Edited by Pete (05/02/15 06:13 PM)