I think the best investing I'll manage is probably a stout pair of walking shoes for the incoming oil crisis.
Hmmm, This link indicates that hedge funds only total around 1 trillion dollars. (Roughly $750 bn concentrated in the top 200 and $75 bn in the top 5.)
That's a bit smaller than I had heard.
I'm not sure how leverage plays into these figures either.
However, prseumably inflation indexed bonds of a government you believe will still be here at the end of the crisis are one of the safest ways to store money?
So, I guess it depends on how much energy and housing matter to you... ;-)
But help me out here. Property values have been going up by about 10% per year for a few years now [I just happened to deduce from the council tax booklet I got from the borough the alleged 1991 value of the property I rent, and compared with the current local prices...], so the mortgage payments for a newly blught property have been going up by the same amount (roughly) so rent payments for equivalent properties have also been going up by 10% a year. And about 1/3 of people's after-tax income is taken by housing expenses, so there goes over 3% inflation. Am I wrong? guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper
But, I would guess that the cooking involves some sleight of hand about the amount of after-tax income spent on housing. That presumably is the key assumption.
I can just see the City of London choked with bikes like Far Eastern countries are now. Just think of the air quality - ah bliss. Suddenly the thought of $100 oil just makes me think "Bring it on" - didn't somebody else say that once ? keep to the Fen Causeway
Why? Why? guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper
I'm with Migeru, public transport is the only way to get around the South East. keep to the Fen Causeway
