Generational Dynamics Forum - New Site

I agree that people should not run out today and withdraw their deposits from FDIC-insured accounts. As I've said many times in the web log, just make sure you follow all the rules if you have more than $100,000 in your account. However, this web site is all about preparation, and you should be pre...

Look to Japan for precedent on what is likely to happen in the US over the next 10 years. Japan had a MASSIVE stock market plunge (80%+) and real estate collapse coupled with deflation (credit crisis and contraction). And yet unemployment never rose above 6%. A total system collapse is not in the c...

Now if these derivatives were woven into the markets more tightly than I understand they were -- if they compose parts of the holdings of major mutual funds, for instance -- then they are a bigger problem than I am claiming. But I don't think they were; I think only the financial firms made major t...

How real is "real"? If they're completely illiquid, such that they can't be sold; and if they're just pieces of paper; and if no one pays the interest or other increases on them; if the issuers and holders would both rather pretend they never existed... then do they? Referring to your statement abo...