Tuesday
I spent more than six decades running businesses. I began the first when I was twelve. My final business was closed down just over two years ago by Australia’s wretched Prime Minister. For all those times and businesses where I was the sole owner, I always made profit. I never came across a business that I could not make a profit from. I understand business as a hands-on operator.
All of that is to lay stress on the following statement: everything that I know about business, economics and money informs me that we are rushing, pell-mell, into a world-wide depression the scope of which has never been seen before.
It began with the over-regulation of economies by governments. They failed to understand that each and every regulation is an impediment to businesses and that there is only so much regulatory damage that the business world can cope with before the camel’s back is broken.
That already existing situation was exacerbated by the lockdowns and destruction of the supply chains in March 2020.
Now, the dribbling lunatic masquerading as the president of the U.S. is spraying around major economic sanctions. Today it is Iran, North Korea, Venezuela and Russia (did I miss anyone?). China will be next, and possibly India and others.
Oh, and by the way, the fiat money system is collapsing.
Use any spare dollars to get hold of as much Gold/silver as you can.
Get out of the cities and suburbs.
Dig a garden and plant vegetables immediately. Get chickens.
Buy dried foodstuffs.
Stop thinking about it and stressing out and do something.