From Gary North....
Kicking the can has worked for years and decades. People think short term and are linear in their views. What will happen tomorrow will be a repeat of yesterday.
People miss the changes and really, do not want to see them. They hide their heads in the sands and then become trapped. People feel more comfortable not thinking about risks, or the downside, they rather think all is well and will continue to be well. I had someone tell me, don't tell me it, I do not want to know. "Positive" thinking is not realistic thinking. We do need to be aware of the situation and yet, be positive to do something about it vs giving up.
Right now is the large financial restructuring that is going on, something which has not happened in the past 70 years. It is unfolding right before our eyes. There will be changes, and I expect some significant changes coming. Changes that will surprise us all.
What will be the outcome? We need to think about the risks and right now they are high and plan accordingly.
Here is an article from Gary North....
Make a List of The Most Valuable Assets You Own. Begin With This List.
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