Quote:
Originally Posted by Jesus H Christ
They want it to crash because there's nothing truly safe to invest in. Gold and precious metals are too high, property is far from safe, and would you put your savings/retirement in the stock-market? There are obvious signs (most miss) of the deep trouble we are in, Obama's finances were published recently and the vast majority of his wealth is invested in treasury bonds. Now if the president won't invest in property, gold, or the stock market- I think we are all in a lot of trouble. Meaning, the reason the rich want it to crash is so they can snap up cheap real estate and start the game all over.
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Normally, you are pretty prescient in your take on things, but this is a bit out there. No one with real assets wants this, and the 1% has real assets.
If they were in the convenient position of being in all cash, then maybe there would be some rationale here. But don't confuse investing in treasuries with the idea that they are completely in treasuries.
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