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@goldilocks re Multinational Businesses Closing

Posted by Mr.Copper @ 9:43 on March 15, 2022  

That makes sense to me, assuming globalization and everything is in reverse. They benefited the most from open border globalization, so should get hurt the most. And all smaller local businesses that had to complete with foreign countries globally and shut down should come back. And regarding the crazy commodity price charts? Let’s not be surprised of a massive deflation taking hold. A reversal of 100 plus years after 1913 Fed creation of inflation. I remember hearing about somebody’s grandfather bought three houses in a row during the depression. Plus he was offering holding mortgages because he had a lot of cash. Maybe as things unfold, it will be the gold and silver considered cash and buy houses with $1000 face value silver coins. I saw that around 1980. Houses $25-$40k and a $1k silver Bag at about $30k.

 

 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.