Sunday, 1 July 2007

Protect yourselves now

We should all be protecting ourselves now against the meltdown of the financial system.
How do we do it?
For most of the worlds population that are not rich is to pay off your loans as soon as possible, so when the down turn comes you can live without worry or at least less of it.
Your house is your first priority to safeguard.
This is what I am currently doing with my life. Of course we have our own individual problems with loans and I am not indicating advice just for you but a general method of living within our means, IE don't spend more than we earn. If you do when the bad times come it will hurt you the most.
Don't trust governments to look after you that is a big mistake you must take control over your own affairs its the only way to secure your future.

Thursday, 21 June 2007

Governments race to devalue there Currencies

The Russian central bank is increasing its money supply at an amazing 57%.
The U.S is increasing its money supply by 14% per year.
It seems there's a real race going on between the 2 super powers on who can devalue there currency the quickest and do the most damage.

I think the only winner in this competition is the manufactures of printing presses they must be doing a roaring trade and of course the paper mills.

Thursday, 7 June 2007

China's wealth

The people's Bank of China now has the biggest pile of dollars in the world 1 Trillion of them.
Now they have a problem, what do they do with them. If the dollar continues its decline in value by the U.S printing presses working overtime to produce more of them, it does not sound like a good idea to keep hold of dollars to long.
The answer lies in buying the best protection possible in a troubled world and thats good old GOLD.

Saturday, 2 June 2007

Why Do we Follow Politicians Advice

I have tried to find a reason why we ordinary people follow politicians advice and as yet I cannot find one.
Maybe You the readers can give me one.

Politicians all over the world love to control the people that have put them in power. In the U.K ten years ago the politicians told the guy on the street that crime was getting out of hand and they needed to employ a high tech solution to the problem. This solution was to fit Closed circuit television cameras all over the country. Money was no object to getting them put up and with the help of the media whipping up a frenzy over crime. At this point the people where demanding to have the camera's fitted and lobbied there government ministers to be the first. This was music to the politicians ears and up they went.
Now 10 years on and we are the most monitored country in the world, we have 20% of all the worlds Camera's. They are everywhere.
They are now even building them into the cats eye's in the centre of the road to record cars that are speeding.

But you might be saying think of the benefits of such a monitored country. Well crime has risen and the jails are overflowing, with the highest recorded number of criminals ever. Now even the people who wanted them started to ask questions. So what do the politicians do but to find a new threat, Terrorism.
With this new more deadly threat announced to the people the media came on board with lots of different possible attacks pending, fear was created and the media made lots of money.

We are then told that to reduce the threat we need a better solution to getting information and that's digital camera's so they began to add extra camera's with the New smart technology that allowed there computer systems to track people using facial recognition across a town or city.

Now with all this technology being sent out onto our streets how come drug dealers still operate on our street corners and mugging still takes place in our big cities and drive by shootings take place when everything is recorded.
It certainly makes me think what the real use of this equipment is.

Thursday, 17 May 2007

China's Financial Impact

When people ask me why do I beleive a crash is coming its hard to tell them the truth because most of the time they want to be told everything is fine and your living standards will keep improving. They would like me to say its great that you have moved into your big new house complete with a 50 year mortage, its no problem.
They want to be happy and secure in that belief that nothings wrong.
The government politicials keep telling them its fine nothing to worry about. What lies they tell to keep you in the dark.
I still believe China will be the key player of the next decade because they are cash rich. There vast foreigh curreny reserves are now rising at an annual rate of $500 billion dollars a year.This is at a time when the West is going in the opposite direction.

Tuesday, 15 May 2007

The Property Bubble continues

Where will this bubble take us. Further and further into a black hole. I wish people paying these record high prices would stand back and ask the question is this property that we are looking at worth years and years of slaving away at work, working longer and longer hours and for more years than ever.

It is not realistic to sign up for a 40 year mortgage, even if you are 25 years old your be an old man before your loans are paid.
Be patient the prices will correct themselves in time.
This advice also applies to the U.S housing market.

Wednesday, 2 May 2007

The U.k already suffers from water shortages

Drinking water is already in short supply in the south of England with every year suffering hose pipe bans drought orders. Already this year on the 2nd of May my garden is very dry with cracks appearing every where with no rain in sight.

Many people keep asking the water companies why don't we desalinate sea water, and the answer is cost £££££.
It costs 9 times more to process sea water than using river or underground supplies. Who is perpared to pay such an increase.
Also the electricity generating companies could not keep up with demand if we elected to go down this route.