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Sell everything! 2016 will be a 'cataclysmic year,' warns RBS
14 January 2016, 16:40,
#17
RE: Sell everything! 2016 will be a 'cataclysmic year,' warns RBS
Here in West Virginia the economy has been completely destroyed by Obama's anti-coal and anti fracking energy policies.
The economic recovery they brag about hasn't happened here. I am lucky that in the eastern panhandle along the I81 corridor there has been great dispersal of Federal activities away from DC post 9/11 and this has stimulated local economic growth, but what was traditional coal country is in Depression, and while oil and natural gas have helped take up some of the slack, excessive regulation at both federal and state level has thwarted the economic recovery.

I have been investing my money mostly in food and fuel storage, tools, clothing and durable goods. I get by OK, but am frugal.
I am lucky to have a modest government worker's pension and social security and a bit of money in the bank as a cushion. If the whole shebang collapses it will be difficult, but I'll get buy. Most of the blokes who have been out of work and are dependent on sucking the government teat will be in big trouble when the well runs dry.

73 de KE4SKY
In
"Almost Heaven" West Virginia
USA
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RE: Sell everything! 2016 will be a 'cataclysmic year,' warns RBS - by CharlesHarris - 14 January 2016, 16:40

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