Comments on: The Lean Years http://usawatchdog.com/the-lean-years/ Connecting the Dots to Give You A Clear Picture of What’s Really Going On Mon, 21 May 2012 02:28:49 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Greg http://usawatchdog.com/the-lean-years/#comment-1157 Greg Sat, 27 Feb 2010 05:24:25 +0000 http://usawatchdog.com/?p=1288#comment-1157 Brad, This is the inflation we have all been talkinbg about. You document it nicely. Thanks for the info! Greg Brad,
This is the inflation we have all been talkinbg about. You document it nicely. Thanks for the info!
Greg

]]> By: Brad Thrasher http://usawatchdog.com/the-lean-years/#comment-1151 Brad Thrasher Sat, 27 Feb 2010 00:02:07 +0000 http://usawatchdog.com/?p=1288#comment-1151 Hey Gang, The economy just hit me. My bride sent me out to the grocery store. She said, raw spinach, tomatoes, creamer, milk and bananas. They had baby spinach pre-wrapped with croutons and a bacon salad dressing for $3.39 a bag that would give 2 side salad sized servings. Tomatoes on the vine, how 'bout $3.49 a pound. For the first time in our 25 consecutive years of marriage we just went through the mailers to look for better prices on food. Thankfully, another market is having a sale tomorrow. Roma tomatoes 4#'s for a buck and raw spinach $.78 per lb. All the Best, Thrash Hey Gang,

The economy just hit me. My bride sent me out to the grocery store. She said, raw spinach, tomatoes, creamer, milk and bananas.

They had baby spinach pre-wrapped with croutons and a bacon salad dressing for $3.39 a bag that would give 2 side salad sized servings. Tomatoes on the vine, how ’bout $3.49 a pound.

For the first time in our 25 consecutive years of marriage we just went through the mailers to look for better prices on food.

Thankfully, another market is having a sale tomorrow. Roma tomatoes 4#’s for a buck and raw spinach $.78 per lb.

All the Best,
Thrash

]]> By: Greg http://usawatchdog.com/the-lean-years/#comment-1142 Greg Fri, 26 Feb 2010 07:14:00 +0000 http://usawatchdog.com/?p=1288#comment-1142 Sean, As long as you are sure you will have an income and that income will not be reduced, debt is fine. Who knows how bad this crisis will get? I think it will be far worse for much longer than people can imagine. Having no debt gives you a power that debt cannot. Greg Sean,
As long as you are sure you will have an income and that income will not be reduced, debt is fine. Who knows how bad this crisis will get? I think it will be far worse for much longer than people can imagine. Having no debt gives you a power that debt cannot.
Greg

]]> By: Greg http://usawatchdog.com/the-lean-years/#comment-1141 Greg Fri, 26 Feb 2010 07:10:28 +0000 http://usawatchdog.com/?p=1288#comment-1141 Man, I like your style. Greg Man,
I like your style.
Greg

]]> By: Sean http://usawatchdog.com/the-lean-years/#comment-1139 Sean Fri, 26 Feb 2010 06:09:42 +0000 http://usawatchdog.com/?p=1288#comment-1139 Greg, I agree you shouldn't borrow to invest, but you avoided the real question that with more dollars floating around won't debt be "easier" to pay in the future than now. It seems to me rapid inflation is bad for lenders and good for borrowers (an oversimplification, but you get my point). Greg, I agree you shouldn’t borrow to invest, but you avoided the real question that with more dollars floating around won’t debt be “easier” to pay in the future than now. It seems to me rapid inflation is bad for lenders and good for borrowers (an oversimplification, but you get my point).

]]> By: Greg http://usawatchdog.com/the-lean-years/#comment-1138 Greg Fri, 26 Feb 2010 05:56:28 +0000 http://usawatchdog.com/?p=1288#comment-1138 Anthony, Read this post called "Where Should I Invest My Money?" Here is the link: http://usawatchdog.com/where-should-i-invest-my-money/ Please read ALL the links. If you are going to buy gold your core holding should always be gold bullion coins NOT an ETF. Do not bet the farm in this position. Au is should only be part of a truly diversified portfolio. Good luck. Greg Anthony,
Read this post called “Where Should I Invest My Money?” Here is the link: http://usawatchdog.com/where-should-i-invest-my-money/ Please read ALL the links. If you are going to buy gold your core holding should always be gold bullion coins NOT an ETF. Do not bet the farm in this position. Au is should only be part of a truly diversified portfolio. Good luck.
Greg

]]> By: ManAboutDallas http://usawatchdog.com/the-lean-years/#comment-1137 ManAboutDallas Fri, 26 Feb 2010 05:52:00 +0000 http://usawatchdog.com/?p=1288#comment-1137 If everyone would STOP trying to play King Canute, it could be over in a matter of weeks. If everyone would STOP trying to play King Canute, it could be over in a matter of weeks.

]]> By: Greg http://usawatchdog.com/the-lean-years/#comment-1136 Greg Fri, 26 Feb 2010 05:50:02 +0000 http://usawatchdog.com/?p=1288#comment-1136 Joe, Thank you for the info and comment. Greg Joe,
Thank you for the info and comment.
Greg

]]> By: Anthony G http://usawatchdog.com/the-lean-years/#comment-1132 Anthony G Fri, 26 Feb 2010 01:54:51 +0000 http://usawatchdog.com/?p=1288#comment-1132 So assumming rampant inflation were to strike us as severely as as some say, what recommendations would you give (to a novice) someone on how to purchase gold as some inflation protection; e.g gold stocks, gold coins, gold bars??? Thanks Anthony So assumming rampant inflation were to strike us as severely as as some say, what recommendations would you give (to a novice) someone on how to purchase gold as some inflation protection; e.g gold stocks, gold coins, gold bars??? Thanks Anthony

]]> By: Joe http://usawatchdog.com/the-lean-years/#comment-1129 Joe Thu, 25 Feb 2010 22:07:36 +0000 http://usawatchdog.com/?p=1288#comment-1129 Great stuff Greg - keep it up! Might I recommend http://www.businessinsider.com/there-is-nothing-that-japan-can-do-to-escape-its-economic-demise-2010-2#japan-is-way-worse-than-everyone-else-5 The graphs closely relate to how the US is handling our economy. Zombie banks/economy is an unsustainable path. Great stuff Greg – keep it up!

Might I recommend http://www.businessinsider.com/there-is-nothing-that-japan-can-do-to-escape-its-economic-demise-2010-2#japan-is-way-worse-than-everyone-else-5

The graphs closely relate to how the US is handling our economy. Zombie banks/economy is an unsustainable path.

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