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Parkersburg, WV, United States

Sunday, February 14, 2010

Wall Streeet Prepares-For the worst

I was trolling through the news as I normally do and came across an article at the Wall Street Journal on line magazine Marketwatch. The gist of the story is that Barton Biggs see the Bio at Wikipedia says the economic and possibly societal end is upon us.

A well know and respected wall street investor and fund manager is advising the big money investors to make as much money as they can now and damn the consequences because a complete economic collapse is imminent.

Quote " His advice: Make tons of money. Buy an isolated farm in the mountains. Protect family against the barbarians: "Your safe haven must be self-sufficient and capable of growing some kind of food ... It should be well-stocked with seed, fertilizer, canned food, wine, medicine, clothes, etc. Think Swiss Family Robinson."

It is a bit startling to see this opinion from one of the big money wall street guys. Give it a look its an eye opener.

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