Ken, they did put out a report that younger adults are not buying homes and that they now out number the baby boomers.
Interest rates will not go up this year. Can anyone say, deflation?
I believe we are going towards political change in China. Communist control of an economy only lasts so long. Ask the Soviet Union. Beats me what to do now. Maybe dollars under the matress is a good holding. But which nations dollars is the question. Silver and gold.
What Buffett really said was. "When the tide goes out you see who has been swimming naked." Wear your swim suit in these markets now. "Your gonna need a bigger boat." The US reminds me of the stern portion of the Titanic which stayed afloat for a little while after the bow broke off and sank. We will sink too and their are no lifeboats back here.
Everyone on these boards is an expert? Yet no one has that much money. I wish I knew as much as my ego says I know. A famous quote from a former secretary of defense: "....and then there are the unknown unknowns." For $200. and the win who said it?