CHINESE INVESTMENT
No, not another “China and/or Russia is taking over
the world, oh my!” article. This one is
about traditional Chinese investments.
Currently, there is a bald ugly fellow going around preaching in the
name of all that is holy ( blaspheming for dollars ) to get out of debt and
spend less than you make. People are
actually paying him to tell them this. I
might as well tell fat bitches to eat less and charge them for the advice (
actually, if you just eat healthy you will lose weight- there is only so much
brown rice and salad you can eat before it seems like a better deal to go
hungry until the next meal ). Okay, this
isn’t all that bad because if you are so humping stupid that you can’t figure
this out on your own, Dave Ramsey deserves the money you give him for his “financial”
classes. What really sticks in my craw,
though, is his investment advice following his budgeting advice. Any advice, well-meaning or just in service
of our banker masters, is evil if it puts your money in the hands of these vicious
greedy bastards. Not because they give
you one half of one percent interest on your savings account while they charge
you twenty-three on their credit card, but because sure as God made little
green apples the bankers will cause your money to disappear sooner rather than
later.
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Already over in Europe, various countries at the
forefront of the Great 2008 Meltdown are freezing bank accounts, giving you a
worthless government bond that will mature in never and calling it an even
trade. In recent history many a time
countries thought it was a neat trick to inflate money away to nothing. Well, surprise! It WILL happen here and if you have ANY
electronic savings ( to include a checking or savings account, 401K, retirement
and etc. ) they will be disappeared. I
can guarantee it. Now, while our good
buddy Dave is busy telling you how the bankers love you long time, baby, the
Chinese are snickering behind their Great Wall and pointing to what silly
Imperial Running Dogs we are. Most
Chinese ( of course there will be plenty of idiots over there, also ) will
remember their cultural traditions and recall that every single government
throughout both their history and ours has always, always and I’m not sure if I’m
repeating myself but what the hell, ALWAYS hump everyone and go bust. You must think you are one smart cookie if
you think you can time the collapse. The
Chinese have usually taken their surplus wealth ( again, please notice the
words I am using. SURPLUS. I’m not
talking about using the normal budget you need for paying off debt or buying
prep supplies ) and invested it in family business start-ups ( other cultures
may have done the same-I’m familiar with the Chinese from reading up on the
global family linked business phenomenon ).
You aren’t eliminating the risk of loss, but rather the risk of
confiscation. As I always say, if a
cultural trait has lasted through history, it must work and we would do well to
listen.
END
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