many who voted to leave have admitted that they 'didn't really mean it'
Yes I have been following the Regrexit-campaign. But Theresa May on her first inauguration speech yesterday said there were not going to be any backdoors, no new referendum, no, Brexit was a done deal and she would execute it.
What mistake am I making.
It is not so much as a mistake, but that you´re simply an eternal optimist, Queenbee. All clues to the contrary you keep saying `nothing going on folks, carry on, carry on´ while everything is falling apart.
First off, yes, that is where I am getting the news from too. BBC, CNBC, CNN. Then your Washington Post, NY Times and more papers... they all share their coverage on Twitter. We´re reading the same stuff. Twitter is only different because you can chose what articles online to read, and they drop it in my inbox. Very easy. This is why I missed your Bears and Packers as I don´t read the sports, not interested in them much if it´s not about Stratego, so it doesn´t reach my inbox.
If you have read the Wall Street Journal on Sunday you would have seen where I am coming from. See http://uk.businessin...016-7?r=US&IR=T which covers Brexit, my country, your country. `Amazingly, there's nearly half a millennium of records to compare against, as record keeping began in 1517. As a historical reference point, that's the same year that Martin Luther published his 95 Theses.´
We´re living just before Weimar, Queenbee. Only it´s worse. That´s what economical panic will do to the streets. Back then people were saying `carry on, carry on, nothing to see here´ too. I believe even Churchill didn´t see it coming. And in my country we have a very famous politician, much like the Iraq spokesman back then, who said we could all sleep well, nothing was going to happen, everything was covered. The next day Hitler invaded the Netherlands.
It´s not like we have panic on Wall Street today and riots the next. This thing builds up, just like Weimar did. That took over a decade before exploding. Only then you´ll see your empty shelves.
We´ve matured as mankind, you might say. Technological advanced. Sure. Which just as easy may be the catalysator of the downfall. If energy is down, nobody here will know what to do. Everything runs through the computer, the smartphones. It wasn´t like that back 100 years ago. People could still manage in survival. Now people start complaining if a picture takes 5 seconds to load on their Iphone...
To answer your questions, yes I have heavily invested in real estate and am underwater on my mortgage. Which turned out to be a blessing in disguise. I´ve told this in the other thread as well, but I am every month getting money for borrowing my house. Why can´t you see how preposterous that is... Banks are that eager to lend me money, they want to give a bonus instead. Rent... rates? Not here... all common sense is out of the door.
We´ve had discussions about it in MT. Gary said the very best advise he had given his children was to buy off your house, no more mortgages or debt, as you will only have to pay rates. That was good advise for 500 years. Not anymore. In this day of age, you best have as much loans as possible and taking money for it.
If you ask me, the worst off momentarily is the US. So I most definately won´t be moving next to you, Queenbee. People doing several jobs and still can´t pay the bills at the end of the month. Banksters taking MUCH MORE money than they didn´t when bailed out after Lehman. And they´ve nailed us now, as all risks now do no longer lay with them, but with the governments, with us. The US as the number 1 state in the world is about to fall. They´re talking abandoning the dollar as worldcurrency as we speak.
All will set in fire if your loose canon gets to be the new President. Can´t be done, won´t happen? Brexit wouldn´t happen. Everybody was sure about that, even the bookmakers were sure (must have cost our tobermoryx a ton of money).
I´ll take you back for more surprises. Nuclear reactors wouldn´t breach. Not in a million years they wouldn´t. That were the odds. Then we got Fukushima. An attack on America would never happen. Well, thousands died in the WTC and since 9-11 we have been living the terrorist environment for 15 years now, and it gets worse every year.
We all forget the short sightedness of human kind, Queenbee.
If you´re talking stocks being up, sure. They were with Weimar too. Everybody wanted hard assets back then. Buildings, land, stocks, gold. Everybody wants to get rid of their dollars now too before it´s worth nothing. I have a coin which reads 200 million DM and a banknote which reads a trillion Deutsch Marks. That´s where we´re heading. The only problem is every nation plays this game now. It´s not just Zimbabwe. It´s the US, it´s Japan, it´s Draghi over here with the Euro, now it´s the Pound too.
Just read your papers, Queenbee. You´ll notice that just last weekend Greenspan said in an interview he wanted the gold backed dollar back. That is extraordinary news! He´s telling you all he strived for during his years on the FED was for nothing. He sees his big mistake. He sees the collapse of the dollar imminent if there´s not a big reset. Reset meaning all good people will lose all their savings. I´m well off myself as I only have debt, and debt will be stricken.
You will also have noticed Ben Bernanke. It was just as amazing what he had to say... `the concept of negative interest rates does not make theoretical sense. Instead of the borrower paying the lender with interest, the lender pays the borrower to take his money. Even former Federal Reserve Chairman Ben Bernanke didn't think this would happen. In 2009 he said, "No one will lend at a negative interest rate; potential creditors will simply choose to hold cash, which pays zero nominal interest."´
Boy, was he wrong. Greenspan thought the same, as did all of us, as after 500 years it had never happened that interest was at a minus. Couldn´t be. They´re all capitulating.
As an extra for my fellow Moderator Napoleon I´ll highlight this portion as well.
´Business owners ("buyers") also want to pay all their invoices up front, then draw down their credit balances with extremely low or negative rates. But the sellers, such as credit card companies, utility companies and car manufacturers, all want to delay receiving their payments. Negative interest rates cost them money, so they'll delay payments in hopes that things will improve.
This awkward exchange of goods and services is exactly what is happening in Switzerland. The Swiss canton of Zug is asking taxpayers to hold on to their money. The canton doesn't want the money, because negative interest rates means it loses money. Collecting taxes will cost the canton around $2.5 million each year. One Zug authority said, "The canton has an interest in receiving money as late as possible -- so it pays less negative interest."´
Check the whole story on https://www.thestree...g-gold-now.html
Just read `Tablecoins` for ´gold´ and you´re well within this Stratego community