...
@ Dr Bloggood and fellow BTC Talkers interested in money
Thank you for the review, Doc! I have read many books that are in this general "space", and believe that our monetary systems are in peril for several reasons.
I appreciated very much your views on Europe and especially Germany. Most of what I read says that Germany is really rockin' even while not mentioning the strong ties that Germany has with the rest of (faltering) Europe. Your comments balance that noise...
While I believe that a full-blown collapse of the financial system is unlikely (that is, taking us to a "Mad Max" or TEOTWAWKI...), there is an excellent chance of what I call "Great Depression v. 2". Where it gets very hard to get work, crime goes up (typical in very hard times) and a variety of ugly after-effects. The probability of something bad is pretty high, IMO. And it will be worldwide.
What to do? Saving money, in various forms (gold, BTC, etc.) is part of the equation. Getting out of debt. Owning other hard assets, including CA$H at home. And depending on how severe you think our system might crash: guns & ammo, water & food, etc... The big question is, how much (and how) do you prepare? That depends on your level of financial paranoia (I am financially paranoid) and your own situation.
Excellent thread!
@ Dr Bloggood and fellow BTC Talkers interested in money
Thank you for the review, Doc! I have read many books that are in this general "space", and believe that our monetary systems are in peril for several reasons.
I appreciated very much your views on Europe and especially Germany. Most of what I read says that Germany is really rockin' even while not mentioning the strong ties that Germany has with the rest of (faltering) Europe. Your comments balance that noise...
While I believe that a full-blown collapse of the financial system is unlikely (that is, taking us to a "Mad Max" or TEOTWAWKI...), there is an excellent chance of what I call "Great Depression v. 2". Where it gets very hard to get work, crime goes up (typical in very hard times) and a variety of ugly after-effects. The probability of something bad is pretty high, IMO. And it will be worldwide.
What to do? Saving money, in various forms (gold, BTC, etc.) is part of the equation. Getting out of debt. Owning other hard assets, including CA$H at home. And depending on how severe you think our system might crash: guns & ammo, water & food, etc... The big question is, how much (and how) do you prepare? That depends on your level of financial paranoia (I am financially paranoid) and your own situation.
Excellent thread!