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Twitter | Get ready people, hard times are coming. We are about to become just another banana Republic; a second world nation. If you have any money left at all, and while it still has value, I would invest it in these things, and in the order that I list them. You will need: guns, ammo, water, food, clothing, survival equipment, gin or whiskey (for medicinal purposes), bars of gold (if you lose your guns you can hit someone over the head, and take their guns), silver (same use as gold). Collect as much junk as possible, you'll need it to make stuff for yourself, because there'll be no more imports from China; the world will be in chaos, you will have to fend for yourself. jbranstetter04 What Effect Will Hyperinflation Have? By: Avery Goodman September 22, 2008 Hyperinflation is a devastating phenomenon. It wipes out the middle class by destroying the value of cash, savings, bonds and other paper instruments. But, how does it affect stock markets? With the Federal government just having added $5.2 trillion in Fannie/Freddie liabilities of which about $600 billion will likely default, the Federal Reserve having now polluted its balance sheet by some $700 billion worth of toxic mortgage bonds with a 41.6% default rate ($291 billion in likely defaults), an $85 billion bailout for AIG, and, now, the Administration asking for some $700 billion more to bail out financial firms, it seems clear that the winds of hyperinflation are upon us. What will be the comparative effect of <b>...</b> | From: jbranstetter04 Views: 49617   217 ratings |
| Time: 02:24 | More in News & Politics |
Monday, August 2, 2010
