Wednesday, February 27, 2008

Warning Signs: The Economy

(This is my from my dA journal for today, but it's very important and applies you too.)

Now normally I pretty much stick to talking about me here--what I'm doing, my art, what I think of politics--because, well, it's my journal. But today I want to talk a bit more about something I'm worried about that's not going to affect me, but rather you.

This morning the dollar fell to 1.51 against the Euro, 1.02 Canadian, and .94 Australian. Gold is almost to $1000, Silver to $20, and Oil is at $100 a barrel. Food prices are also skyrocketing. The Fed, meanwhile, wants to cut rates even further. The dollar is collapsing, and there is nothing to stop it.

I don't have to tell you that this is very bad news for all US citizens, so I'll skip to my point: if you have any savings at all, please get it out of dollars! Buy gold, silver, stockpile food, even buy foreign currency. I don't care what you do, get it out of the bank and into something safe!

The dollar crash is mostly only a problem for us Americans, but the real estate crash effects everybody. If you have a house, sell it! You've probably lost tons of money on it already, but if you wait, you'll lose even more. Get out of debt! Store some food!

You are all good friends of mine, so I hope you'll perhaps listen to me on this. A lot of people are going to be made desperate and miserable by all this, and I don't want it to be any of you. There's still time.

These are going to be hard times for everybody, but you can avoid the worst of it. The thought that any of you might have your lives ruined by this is very upsetting to me, and I hope that you will take a moment to think about it and do something. Please.

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