Thursday, October 9, 2008

Economics

What with the dire straits of the world economy, what does it mean to us? Are our deposits safe in the banks? Well, they should be. As long as the banks in question do not collapse. Consumer confidence is low. Cash is king. So should we hide our money underneath our pillows. Inflation erodes our money value. Even if we do keep them under our pillow, we are still losing. So how to win? Is it possible to do so? And if there's a way, how? As the market turns into one fierce grizzly, the honey may run out. Pray for the worst to be over but be aware that it's just getting started.

Till next time, may the Spanish take over the market.

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