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Old 07-15-2011, 06:49 AM   #21
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Originally Posted by haha View Post
I thought this thread was "Who is getting out of bounds?" I am so disappointed.

I thought it had something to do with bondage ...

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Old 07-15-2011, 07:24 AM   #22
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If the US does default (huge IF) I think we had all better be in gold and lead (aka "money" and bullets). Just my (glass half empty) opinion.

Ko'olau's Law -

Anything which can be used can be misused. Anything which can be misused will be.
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Old 07-15-2011, 07:35 AM   #23
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Michael Burry- perhaps the only man to have forseen this financial crisis as early as 2003, (and he made a killing betting against the subprime market) Gave an interesting lecture at Vanderbilt this past Spring. It is well worth the 30 minutes to hear his thought process. In the lecture it is evident that he does not have a very optimistic view of the future of the United States economy.

At the end of this lecture, he half jokingly says that it might be a good idea to open up a Canadian bank account. Do you think there would be safety in moving to a foreign currency??

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Old 07-15-2011, 09:00 AM   #24
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I've never been in bonds

100% stocks all the way.

I may rethink that as FIRE gets a little closer.

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