The US is a'going down...
The U.S. economy is going down - what's going to hit first:
- peak oil drives up oil prices
- the subprime market further tanks and brings down all real estate
- our overall crushing debt... crushes us
Some things to buy/do/avoid:
- VIPERs - inflation protected t-bonds
- Economies that are not very related / dependent upon the U.S.
- Gold and oil (of course)
- Other natural resources
- Get out of debt!
- Don't buy a house anytime soon
1 Comments:
Economies not dependent/related to the US... so Cuba's a good investment? Except, of course, that you can't invest in it because it's all state-owned, and every time Fidel and his henchman have opened up to private investments, the factories that got built were nationalized (read: stolen) a few years later.
Oh, and North Korea. Great investment opportunities there. They never even got so far as Cuba in opening themselves up to foreign investment, with the exception of a South Korean kitchenware factory near the DMZ.
Any other countries we should look at? Iran looks like it'll be hot soon. Maybe even hot enough to turn their sand to glass.
Or perhaps Syria.
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