
“Of course, not everyone in Greece is hurting. Many people saw this coming and took action. They took all their money out of the banks, put it under the mattress, or maybe stored it in a safe. Maybe they bought gold, or diamonds, or something else. These people aren’t standing in lines at ATMs. They aren’t going to go homeless or hungry. But these people get a pretty bad rap—at least here in the US, where we call them ‘doomsday preppers.’ Or ‘bunker monkeys.’ Or ‘conspiracy theorists.’ Or ‘gold bugs.’ They take a beating. Jim Rickards tweeted the other day, ‘I’ll bet there a lot of Greeks saying, ‘I wish I had bought some gold.’’ Truer words have never been spoken.”
http://www.mauldineconomics.com/the-10th-man/it-could-never-happen-here
Related posts:
Edward Snowden And The Disruption Of Government
Gerald Celente: Sneak Peek At New Trends Journal & Boston Tragedy
Not Speedy + Not Public = Not Legal
Bill Bonner: Can paper money survive a full credit cycle?
Anthony Gregory: The Twisted Premises Implicit in the Drive for War
Bill Bonner: Apocalypse Later!
American Paths, Chosen and Not (1989-2018)
Drones Are Like Structured Finance
The Guns of Zagreb
Bill Bonner: Papal Fallibility
Sabotaging Peace in Korea
Herding the Sheeple into Government-Controlled Health Care
War: Still a Racket
The HSBC Debacle - A Double Whammy Of Political Risk And Hypocrisy
The Absurdist, Tragicomic Narratives of Domestic Surveillance