11/08/2007

11-08-07 - 2

I continue to be right about the shitty US economy, and I put a real recovery at at least 2 years away. Unfortunately I continue to play it badly. Some "expert" on the interweb gave me the idea of buying some TIPS as a bet on a bad economy, but that hasn't gone well at all. A better play would've been some leveraged shorts of the dollar, or just buying gold. Unfortunately I'm unable to find good advice.

Hmmm.. I wonder to what extent the current over-leveraged operation of the US economy is due to "Rich Dad, Poor Dad" ?

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