Tuesday, June 23, 2009

Hemorrhage

The news looks more and more grim. I'm really starting to wonder if I'll have a chance to get any money invested before this whole thing hits -- let alone have enough to actually be financially sound. The only good thing (for me, at least, not for the economy) is that the other countries seem to be intent on slowly reducing their dollar assets...which will hopefully buy me some time. But it will likely become more and more difficult to invest in the coming months (even if the economy doesn't collapse), as the weakening dollar will mean foreign stocks will be increasingly more expensive.

Our economy is bleeding out, and I'm a long way from the hospital.

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