From my first grade science teacher I recall "the Earth surface is 3/4 water". If we allow these things to happen from lack of water we deserve to die off as a species. Imagine the jobs created from a build out resulting from advancing existing desalinization technologies and building an infrastructure to transport fresh water from the coasts to the inlander.
To elaborate. Some of your scenario aligns with myself. I am very "mobile ready", have an emergency supply of necessities, an account with Fidelity (coincidental, did not think about the Lloyds backing), a cash horde and believe it or not have been thinking about allocating some of money to a couple of annuities. Also while I be a city dweller, have family with many acres of hard woods and farmland to retreat to. And we all own guns until the Feds take them.
You touch on to what causes me to hesitate. Fed intervention. Keeping my eye on gold too but will not buy before I see a wash out to complete the decline which I guess could take it to 800ish.
Yeah, thanks. I am gridlocked at the moment. Just looking for something I can feel confident about and ride for a couple of years. Was thinking maybe rising interest rate play, not so much over any optimism for demand for capital but fear of government defaults. But then as I interpret your comment, natural forces can be offset by manipulation.
With election looming in 15 months it is hard not to talk about them both given they could be our choices. I have said twice above Trump is an example of the joke our politics have become but imo probably less dangerous than his likely opponent. Both parties are pathetic and thin on leadership.
Indirectly a SPY question maybe but what the heck. Looking at TBT, Maybe we get one more dip in rates first but have to believe this 2x ETF could bring a decent return the next couple years as in maybe year over year 20%+ returns from current levels. Opinions?
Hilary will continue the selling of America and our children's futures to the big investment banking houses for her own personal gain. Maybe Trump would go after the Wall Street crooks and throw somebody in jail one time for manipulating markets. But like I said above, if him and her are our choices its just another example of the joke our politics have become the last couple decades.
I dream of a voter revolution in which we set aside temporarily our personal and other issues that divide us (god, guns, gays, glaciers) and elect a responsible, competent government. A sweeping roll over of elected officials comprising a cross section of ALL America.
That our choice for president this time around could come down to Clinton or Trump is an example of the circus our politics have become but that said, I would vote for Trump or my neighbor over Hilary in what is once again a decision of who is potentially least damaging. Trump might just make one or two improvements somewhere during his term, and that is more good than the last three Presidents combined have done IMO. Problem for any president is the azzclowns running congress will still be there to contend with.