Morning folks!!
How long can you fill a balloon with air before it
explodes? The answer depends how big the balloon is. Some think the dollar is
in trouble. It may be in trouble because some want it that way. But if it were
really in trouble, answer me this: Why is everyone trying to get their hands on
the almighty dollar like never before?
Personally I think we are at a tipping point. We
have yet to tip, but we are at the point. I believe forces close to home are
trying to destroy the dollar. They may succeed, maybe not. Like everything else
it is a market and a pendulum. However when you screw with the market, you
screw with the pendulum that works naturally and flawlessly if you don’t mess
with it.
That said, we have messed with it. The pendulum is
no longer relevant. The pendulum is now in control of magnetic political forces
and not its’ natural state.
So then we get to my favorite subject, NUMBERS.
That disqualifies most people as most people are not numbers people. What would
happen to you and your family if you are married, have 4 kids, 8 months behind
in your mortgage, $100,000 in Credit card bills that the interest alone is
$2500/month and then your wife gets pregnant? Do you think you would spend more
or pull back? Go out to eat every night with the kids or make meatloaf at home?
Buy 2 new cars or keep driving the one that is in the garage and still working?
Whatever the decisions are, we all know the right one. But if you are
irresponsible, if you don’t care, if you want to put the burden on someone
else, then book a vacation as well and invite your family to stay. If you want
to make it worse, go to the casino for a night. Let’s gamble everything!
There is a recipe to make this balloon pop. First
is a false hope of optimism. Hooray the stock market is at 10,000!! It’s still
down 30%. But I think it will hit 9000 again before you see 11,000. Things on the street are not good. Talk
to your barber. Talk to the restaurant owner. Talk to the guy about to get
foreclosed on. Talk to the nearly 20% that don’t have a full time and steady
job. Talk to the folks that 90 days after their unemployment benefits stop.
(You’ll have to wait a few months for this one, but it is the tsunami that is
about to hit)
That fallout is coming. It could be avoided, but there
is no will to do so where it counts. Like gas on a fire this has the potential
to explode in our face. The folks building this bomb will be LONG GONE when
that baby explodes. Don’t believe a word I am saying. Just do the math. Don’t
listen to bullshit, do the math. Let the numbers tell you who lies and who
tells the truth. Numbers don’t lie, PEOPLE LIE! Politicians lie! Agendas lie!
Companies lie! Banks lie! Wall Street lies! Lawyers lie! Defendants lie! So
when you know everyone is lying, what do you do? What can you do? Maybe
nothing. But the very least you can do is call them what they are…..LIARS! THIEVES!
THUGS!
When does the balloon pop? How much more can be
added? Infinite? I don’t think so.http://usdebtclock.org/
What does this have to do with domains??
Everything. If your house burns down it affects your business, your future and
every aspect of your life. For those rooting for the downfall of the dollar, don't cut your nose to spite your face. It may not burn your house down, but the dream of your summer home may be gone forever just in case you think you have no skin in the game.
Brush up on your Chinese.
Have a GREAT Day!
Rick Schwartz
Dave Wrixon aka Rubber Duck
The easy answer is that most people are like clueless sheep, but when the herd turns then it can move very quickly.
I would, however, question your assertion that everyone are trying to get their hands on dollars. The dollar is actually continuing to fall in value, that is not really a great affirmation by the market, is it?
keepin_it_real
Like I have been saying for a while, and one of the reasons I have taken your advice to pick up these gems in this time is the dollar collapse.
The gov has put us on the hook for over 50 trillion (not a typo) in total unfunded liabilities. They have already engineered an orderly devaluation behind the scenes with our creditors.
Domains are denominated in dollars (and any currency). So, inflation is happening is things of value (like health insurance, good food, valuable domains, gold, oil) and deflation in crap (extra tchothkies, frivolous consumer goods etc).
Not to worry though, our creditors will want things of value for their treasury holdings such as land, factories and local businesses as they take over the country..so their currency and treasury holdings will slosh their way to valuable domains.
Drewbert
Brush up on your Chinese and your Russian, and buy gold.
Andrew
I would be careful with Russian domains. There are much more stable and predictable countries on the Planet Earth. I am not saying that domains in Russian are a bad investment. But IMXO, russian .com is. Same would probably apply to China but here I am not so positive.
Lee
I agree – pump up for sure – friggin govt