http://www.ncc-1776.org/tle2007/tle445-20071125-01.html
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Question: So, what can the regular guy do to help create a more stable financial economy?
Answer: First, “sauf qui peut.” Save yourselves. If you have a savings account, and no other wealth, then take that savings account and buy some gold and some silver, and do it right now. Second, diversify. Again, for the sake of your own financial survival. Put some of your money into … …
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Never hurts to “bury” a few coins in your yard!
And, where is your “victory garden”?
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Well, unfortunately, as we’ve leaned from history, that pendulum can take quite some time to swing back in the other direction.
:-)
Take, for example, Smoot Hawley induced Great Depression, which Hoover and Roosevelt made worse by “helping”, lasted from 1930 to 1940, and was only ended by WW2. It was more than a little rough for the “little guys” during that period. My grandparents testified to that. We could learn from their example about saving, debt, and industry.
:-)
Thanks for taking the time to read and comment. It always tickles me when some one takes an interest.
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Question: So, what can the regular guy do to help create a more stable financial economy?
Answer: Do not panic! Recall the Story of the Pendulum… the pendulum swings – both left and right. That’s _all_ any pendulum does … swing left then right. If that financial, economic pendulum to …..>over there — hang tight and know that that pendulum with, once again, swing <…..this way, too. :-)
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