My daughter who is quite sharp on the economy, just warned me again to closely watch my retirement funds. Using her past advise I have yet to loose a cent, except for having lower gains, which are small; but, still positive. I still wonder when our dollar is going to fall in value. It has been dropping a bit. But the government's printing presses are still running.
Other countries of the world are suffering more than we are, but seem to still trust the dollar, except for China. Our record high debt must have them worried.
On this side of the pond, Brazil is very strong, having had their depression 5 or more years ago and must have done something right to be able to save their economy.
The rest of us are still in line for this disaster.
My daughter has been watching how the elitists have been positioning there millions.
She said it looks like they are preparing themselves for a big market crash in the very near future. (In weeks not Months) She is shorting the market using Puts as a part of managed group accounts. This is not the same risky shorting as used by the RT games. The group shorts the market without borrowing stocks, to sell. This blocks the avalanche of loss caused if stock value increases instead of decreasing.
I know people who have loss over a $100,000 dollars so far, not counting house devaluation. The future just does not look good for us.
, but that heavily comes into play.
