Hi dazed, that inventory really worries me as high dollar makes exporting a huge problem and domestic economy is weak. China is in the same boat. Velocity of money flow needs to increase as well as domestic consumption in most western economies but everyone is worried. I am not calling for a full on doomsday scenario but I do think if you have enough space people should be planting vege gardens ect. Get back to basics, food will be a good investment whether you buy companies or save money buy growing your own.
Everyone has gotten used too the good times and expect a far higher standard of living and services than is sustainable long term, especially in Australia were it's great to have all this amazing infrastructure but don't have means to maintain it.
Stock markets need a minimum 10-35% correction in most countries. In nature only the strong survive but in economics we prop the weak up so governments save face or gain reelection , this delays and exacerbates the problem.
I say hit the reset button, allow anarchy to moderate greed, redistribute the wealth and break down class inequality. Cap elites wealth and restore humanity.
Be kind to your fellow man and prosper, promote sustainable communities.
Mean while buy physical gold and crash the paper. Gold should be trading between $1250-$1300 in reality based on today's fundamentals!!!!!!!
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