"We are not used to seeing stocks implode and Treasuries sell off (at the same time)," said Josh Stiles, senior bond strategist at IDEAglobal in New York, adding "but people are saying they don't even want to be in Treasuries now, they need the cash."

a lot of financial advisers are parroting 'cash is king', which i can only take to mean that any investment vehicle is inherently not suspicion-free.

everyone know that's paranoid, because cash dwindles in value unless it's growing faster than inflation, but these are times in economic history like no other, so it appears under the mattress is safer than any of these oh-so ex-respectable banks and brokerage houses.

personally i think buying tools and seeds while one still freely can is the one sure way to invest. that kind of bank is harder to crumble or flood.

brokerage...the name says it all.

go-for-brokerage, more like.

as a boomer, i watched the survivors of the war, the emerging middle class, my parents' generation, the last age of petro-innocence, and they were the 'sunset effect' of the cheap energy boom that led to so many people feeling entitled to a comfortable retirement, cushioned with nice dividends from the 'endless growth' economy, which has revealed itself during our boomer adulthood to be built on sand, (middle eastern variety), more myth than sustainable reality.

this financial independence in the golden years has boosted worker productivity, as families used to support the old, now there's service industry to do it.

this also led to the atomisation of families, people going to retire far away, because they didn't need to huddle so much.

all this is about to shift back, i think, and i beleve it will do wonders for our mental health, as often disconnected from their roots, young working parents attempt the demanding job of raising children without much family day-to-day support, and so often lack energy and quality time to really bring them up well, leading to much adolescent unhappiness and acting out...

silver lining...

~"When an inner situation is not made conscious, it appears outside as fate." Karl Jung~