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06-04-2007, 08:54 PM
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#21
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Recycles dryer sheets
Join Date: Jan 2006
Location: Houston
Posts: 218
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Quote:
Originally Posted by rmark
"WWII era GDP consisted of aircraft carriers, Sherman Tanks, P51s, none of which were particularly useful after Aug 1945."
What about Korea? I've seen film of F4U Corsairs fighters being uncrated after being mothballed. And my dad's air force crash boat was pulled out of storage in Japan. But more to the point, post war national debt levels were about double current levels when compared to GDP.
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I wouldn't be surprised to find that lots of military posts are still using barracks built when WWII troops were being trained. I know that was still the case in 1968 when I took basic training at Ft. Campbell, KY.
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06-04-2007, 11:17 PM
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#22
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Moderator Emeritus
Join Date: Dec 2005
Posts: 10,125
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Quote:
Originally Posted by rmark
"WWII era GDP consisted of aircraft carriers, Sherman Tanks, P51s, none of which were particularly useful after Aug 1945."
What about Korea? I've seen film of F4U Corsairs fighters being uncrated after being mothballed. And my dad's air force crash boat was pulled out of storage in Japan. But more to the point, post war national debt levels were about double current levels when compared to GDP.
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Many of the Essex class carriers made it into the 70s while the Lexington served from 1943 to 1991. See more here Essex class carrier list.
As for the Korean war, there is always the B52. It was produced from 1952 to 1962 and is not slated to be gotten rid of until 2040.
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06-04-2007, 11:19 PM
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#23
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Moderator Emeritus
Join Date: Dec 2005
Posts: 10,125
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Quote:
Originally Posted by rmark
Howard Ruffs "Survive and Win in the Inflationary 80's"
Ravi Batra "Great Depression of ?" (I forget the year)
Like picking an active manager, how do I pick the crisis to prepare for?
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This is where diversification and portfolio balancing are important. You need some money in gold bars and some in weapons. Having a bomb shelter is important too. And you have to have a certain amount invested in radioactive monster repellant.
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06-05-2007, 05:54 AM
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#24
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2003
Posts: 18,085
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Quote:
Originally Posted by bssc
This is where diversification and portfolio balancing are important. You need some money in gold bars and some in weapons. Having a bomb shelter is important too. And you have to have a certain amount invested in radioactive monster repellant.
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Don't forget the meteorite deflector...
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"All animals are equal, but some animals are more equal than others."
- George Orwell
Ezekiel 23:20
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06-05-2007, 06:27 AM
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#25
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Recycles dryer sheets
Join Date: May 2007
Posts: 290
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Quote:
Originally Posted by modhatter
Well, the issue at hand that I am concerned about is the Debt, as well as the shrinking dollar. I don't know how all of you can ignore this fact. It is staggering not only on the federal level, but with the general population as well.
I just can't close my eyes to these numbers, and I'm suprised all of you can.
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Whatever problems there are, I don't think I have special knowledge about them that the rest of the market hasn't already considered and priced in.
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06-06-2007, 04:00 PM
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#26
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Recycles dryer sheets
Join Date: Nov 2005
Posts: 355
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I expect to have to adapt to new conditions, when necessary. LBMM, even in retirement, is one example of being prepared for, instead of worrying about, an unknown future. The bad stuff won't happen all at once, it will just go down hill for longer and further than we expect, if it happens at all.
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