Posted by admin | Posted in fly fishing | Posted on 11-04-2011
Tags: building,, cob, construction, environment, prefab, swiss straw, swiss straw braid, swiss straw fly tying, swiss straw work, swiss strawberry
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Swiss Straw
"The American economy will collapse within 36 months" says hedge fund manager and how to protect you from it
-The American debt is raising every day
America's national debt is 14 trillion dollars. If you don't know what a trillion is that's 14,000,000,000,000 dollars. And the U.S. national debt will grow to over $20.3 trillion by 2019. The current administration doesn't want to cut the spending because they are counting on that to be popular. When I was discussing with a Honk Kong based hedge fund manger he even told me that it's unlikely things would radically change if a conservative candidate is elected in 2012. He said that G.W. Bush spent a lot while in office and governments just don't know how to get re-elected without spending a lot to please voters. So it's likely the US government won't stop spending until the dollar fails.
-The FED has surpassed China as the leading holder of US treasury securities:
What does it mean? It means that America is basically borrowing from itself and is borrowing a lot. Not a really good idea to borrow from yourself when you're broke.
-Fannie Mae and Freddie Mac still exist
Fannie Mae and Freddie Mac, both government-sponsored enterprises, were major causes in the subprime crisis. Following Washington orders, they spent billions to loan to low-income families. As we all know the results were disastrous. However, believe it or not, politicians did nothing to eliminate them. With Fannie Mae and Freddie Mac still operating a other major crisis will occur said the manager.
How to protect yourself from a collapse? This is what the hedge fund founder said he will do:
Own other currencies:
The Swedish Krona, the Swiss franc and the Hong Kong dollar are among the best currency to own right now. That's because these countries are controlling their spending and have a solid economy.
Own Hong Kong or Singapour based companies stock:
Hong Kong and Singapour are two of the wealthiest and economically healthiest places in the world. Invest here is pretty safe and allows you to have a diversified portfolio.
Own gold:
Gold is what you want to have when a crisis occur. Owning gold protects you from a fall of the dollar value because it's a universal form of payment.
Is there any hope? The manager I met told me that only one candidate could stop the crazy spending: Ron Paul. Results of the recent straw polls are encouraging. Let's hope American voters will make the right choice in 2012.
About the Author
My name is Mickael and if you want to learn more about hedge fund managers predictions and hedge funds visit my website http://www.listofhedgefunds.org/
Sprechen sie deutch?
I inherited a unique parcel from a family freind, It is a small wooden box ,enclosing a pair of simular, yet different glass cylindrical flasks, with small mouthpeices?, coming up one side sort of like straws attached to these , say, 2 ounce, little glass beakers. The "users manual" that is attached to the lid of the box is entitled: Schnapsfeife
and it goes on in a list, apparently describing the use of these devices, but sadly, I dont read German, or speak more than a few phrases. Do you know what these are, simply to sip schnaps with? I suppose this writing could be swiss, Or Some other launguage perhaps? I probably wouldnt know the difference, Her last name was Schorsht, and I am believing this to be German. She was married to an Anderson, which is, what, Norwegian? Swiss, Finn? I'm not sure. These could have been His, also, I guess. Do you know what they are? And how I should use them?
you are right yamahaz, it is schnapspfeife
The closest word to "feife" in my dictionary is "pfeife",which means "pipe". Maybe some device to gargle schnapps.
Steinklammer Tungstennymphe