"a) do we believe the hype- is this the worst financial situation the world has seen in 100 years (quote greenspan)?
No. Forget Greenspan. This is the worst since money was invented. By far!! b) what should all us gen y/gen x's do to "weather the storm"?
Many are saying & it sounds reasonable to me get some gold/silver, have some cash on hand & not too much in the one aussie bank & have some baked beans on hand.
c) how do we position ourselves to actually grow and prosper during this time of economic hardship (what are the opportunities)?
If you can make money on the up (calls) then get some puts for the way down.Unfortunately sold my S&P puts last fri. Grow your own vegetables so stock up on seeds. Will be a bit hard if you live on the 6th floor.
and if you have time.. d)what could i do personally in my situation
Increase your meditation time by 30 minutes & thank the Divine for being able to witness what absolute GREED can do for the world of ecomics. All bubbles must burst!
