World's Biggest Band-Aid...

[raja]

Re: World's Biggest Band-Aid...

Agreed, "bringing down the house" on one's own head is like cutting off your nose to spite your face. It may make you feel better, but it's still gonna hurt.

Plus, i actually want my kids to be able to go to school, be able to buy groceries at the local market... self-sufficient means growing food doing manual laundry etc. etc.

As a person who grew up on a farm, I know how much hard work it is. If everyone grew up on a farm, they might take a less romantic view of self-sufficiency. Don't get me wrong it's a great experience, but I prefer surfing the internet to shoveling cow shit any day of the week. (did I mention we had 65 head of cattle?)

65 head of cattle is not self-sufficiency . . . it's a business. Or else you had a REALLY big family.

I'm experimenting with self-sufficiency, and it doesn't seem so onerous. However, if you're talking total self-sufficiency -- no fuel or other outside input -- then that would up the work level. That being said, my Mennonite neighbors use horses instead of fossil fuel, and they don't seem to spend an inordinate amount of time working. One thing is that they don't make their own clothes, so they are not totally self sufficient.

[LargoWinch]

Re: World's Biggest Band-Aid...

...meanwhile old habits die hard:


G20 supports IMF's plan to sell 403 tons of gold

http://news.google.ca/news/url?sa=t&...26dist%3Dmsr_6

[audrey_girl]

Re: World's Biggest Band-Aid...

...meanwhile old habits die hard:


G20 supports IMF's plan to sell 403 tons of gold

http://news.google.ca/news/url?sa=t&...26dist%3Dmsr_6

sell 403 tons of gold

yea right

[pwcmba]

Re: World's Biggest Band-Aid...

"The IMF has been planning to sell gold since as early as 2007 to diversify its revenues and strengthen its balance sheet."

Isn't gold the one asset that IS strengthening it's balance sheet?

[GRG55]

Re: World's Biggest Band-Aid...

...meanwhile old habits die hard:


G20 supports IMF's plan to sell 403 tons of gold

http://news.google.ca/news/url?sa=t&...26dist%3Dmsr_6

http://www.itulip.com/forums/showthread.php?t=9154 ;)

[LargoWinch]

Re: World's Biggest Band-Aid...

sell 403 tons of gold

yea right

exactly...this is all bullcrap and a bullish indicator for gold in my view.

and to this China adds: "we'll take it".