Thursday, December 24, 2009

prepare for worst case senario

People things are not going well, and that is the understatement of the year. Please read This Time is Different: Eight Centuries of Financial Folly

OK yes it really is different because we got - TECHNOLOGY. It means humans nature does not change, and we are still basically a bunch of primates. That said we should get ready for an economic worst case scenario next year.

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