Economic Depression to hit US and Europe

This is not good news.

1 comment:

Noni Mausa said...


So what does one do if the usual venues of investment all destabilize? Or are in a country whose governance or dollar value cannot be trusted?

Hmmm. Buy lots of gold and then go live in a bunker till the seismic shocks settle down? Accept that your money won't be making money for awhile, and hibernate?

Of course if all the wealthy do this, as they apparently did in the thirties, the recovery will be pretty dang slow. Everyone waiting for someone else to emerge first...

Do I have this right, OSO?