this is the other extreme that people go to when they attack the bears..."pack up shop and go live in a tin shed".
We don't advocate that sort of nonsense,at least I don't.
I am bracing for very, very hard times.
Some very prominent commentators are openly suggesting China could crash.
Crash!
That's strong language.
A China crash is now be openly talked about.
That's potentially pretty frightening for countries like Australia.
It might not happen and we can just continue on.
But if it does, we are in enormous trouble.
I am planning for this eventuality.
I for one won't be living in a tin shed.
If I am wrong it won't matter.
I might miss out on a few dollars in the share market.
That's no big deal.
I generally do better in a bullish environment.
But if I am right (or more to the point these commentators are right)we are cactus.
As to those articles,some folks think they are interesting, others don't.
I read those articles and think to myself...wow,imagine if this comes to fruition.
What is going to happen to us here in Australia if China does implode?
They are just topics for discussion.
If they come across preachy,well there's not much I can do about that.
The second article was actually written by Hugh Hendry who mentioned Prechter.
Hugh Hendry is no dill.
People can dismiss me as a nobody from nowhere,but some of these people are very bright.
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