Nothing really new here, after all, most Americans have already been forced into a modern day version of indentured servitude most of their adult life. Just a brief discussion of a few ongoing losses to your financial freedom and self determination. keywords: economic meltdown collapse dollar hyperinflation bank loans tax federal reserve deflation control freedom loss stocks us
insightful as always lorax. keep ‘em coming in 2009. its gonna be an interesting year.
Great analysis! Spot on.
This is a very good point you make for how people are trapped into federal reserve notes.
5/5
but what are we supposed to do? is there ANYthing we can do?
I’ve put together some thoughts on what we can do in a video on my channel called:
“The Buck STARTS Here”.
Take a look.
The noise in USA has affected other banks too, Iceland went head on into the ditch – because of one single rodent that bought the media there an ran his scam so now they want to “sell” Iceland to the EU..
One may ask oneself if that was the plan from the start, or if this was just a financial maverick that “got lucky” and managed to buy off a truckload of people and the media.
Excellent summery of the present situation. Gold
will probably be outlawed again. Canadian silver
stocks are finally taking off but convertible to
what?
I live in San Diego, CA. and I was able to buy land in Mexico. Some lots I bought for about $10,000. Other lots I bought have ocean view. It takes me less than 15 mins to get to my Mexico lots from San Diego.
You have to pay taxes on your land, so I don’t see that as much of a way to protect your wealth (i.e. hedge against inflation)
why don’t you have any videos about sex and how to pick up hot chicks?
otherwise your videos are very great.
Mexican taxes on land are very low. last year I paid an average of 20 dollars per lot, for 2007 year. The other nice thing is that Baby boomers are moving to coastal Mexico. Those who have moved are also very satisfied.
You know what you can still do? MOVE. To another country. Thank you, Lorax.
Thanks!
More banks will be closing soon.
very informative video.
Hi Aztec,
Interesting topic, I’ve been visiting Baja for 15 years and although I love it there, I’d personally never buy land. Practically every American I know down there eventually lost their lot. It didn’t matter which area, if they were held in trust, owned with a Mexican partner, nothing seemed to work long-term. Then again, $10,000 for an ocean view is worth the risk I guess.
Mr. Lorax, I’d like some more videos about what real wealth actually means as opposed to what we have right now.
Anyway… World is going in good way.
ok.. second video where I though “huh.. this guy knows what hes talking about” I must say I’m not at your level yet (you got me at a disadvantage me being 18) but my dad knows more about what your talking about that you.. You should hear him go on… and on.. and on..
If you are in any kind of financial distress, please post your situation at MoneyLoansCredit (.) com, a site where people help people… Don’t wait.. Investors and givers needed as well.
“Raw Land” near Urban Growth is King for transferring your fiat money. Secondly, and more important,…it’s been confirmed that the geo-mineral experts have concluded that the first element to be consumed-exhausted off the periodic chart will be Ag (Silver) this will occur in 14 to 22 years at present consumption. Regards, SilverFinger
How about buying weapons and ammo?
T F 1.The real cost of a cup of coffee is not the money you have to pay for it, but rather, what else you could have bought with that money that you now cannot afford since the money has gone to pay for coffee.
T F 2. An economy falling into recession will see its production possibilities curve shifting inward to the left.
T F 3. Rising wheat prices affect neither the Supply of nor Demand for wheat.
T F 4. In markets, buyers and sellers communicate through prices by what buyers are willing and able to pay, and producers willing and able to accept.
T F 5. Public goods are by definition those which are produced in the public sector.