Posted on 09/29/2016 4:06:55 AM PDT by expat_panama
I’m trying to figger out if I can refinance a mortgage if rates go negative. lol
This is not really history repeating itself. We are much more interdependent than in the past.
Look at all the “arrangements for war” that are being done all over the world right now. To me, the ONLY thing that would prevent war is if all the leaders who have any stake at all in the economies staying relatively healthy would never start it, or that they all subscribe to the “we learned in the 20th century that war is not the solution” concept.
But even then, it only takes one rogue with “nothing to lose” to start it. And if they believe the potential foes in such a conflict would not get involved in a “local” fight, they would be even more inclined to start it.
Remember, Hitler was only attacking a few countries and wanted “living space”. If he had limited it, he would have won.
The price of oil is KILLING a lot of countries. The soviets come to mind. If they get desperate enough...
Did you ever read the Clancy book, Red Storm Rising? In a real way, it parallels what is happening now.
And if we monetize our debt, that may tick off some of our creditor nations like, um, china. Aren’t they doing a bit of saber rattling over there? Something about claiming islands and a recent aircraft carrier.
I’m refinancing right now. Rates are pretty good, but since mine includes a lot of undeveloped land, it is under different rules. i.e. it would be even cheaper if it was a standard home on a lot.
“smokes if you smoke, alcohol if you drink......”
And if you don’t, stock up anyway. Quantity over quality. Cheap vodka and bulk tobacco. When TSHTF and people start running out it will be great curancy and they won’t care if it’s not single malt Scotch and Cuban cigars.
Unless you are a Navy SEAL and live in a cul-de-sac with ten other ones, if you are on a "gold list", somebody is going to come to kill you and take your gold.
I’ve got a pretty good rate now, but keeping my eye on actions of the “not so federal” reserve. Just cannot believe they will raise interest rates. The economy now is just barely dragging along, an interest rate hike could potentially throw the markets and or economy into a tailspin.
I think war is possible. I see many parallels to the 1930’s.
I read Red Storm Rising.
I do not see China attacking us. Grabbing real estate in the South China sea, yea, sure.
I do not think we or the Chicoms are that stupid to go full out. If it was going to happen, more likely under Barrack.
I’m thinking South China Sea may be to China what Germany was to the Russia in Red Storm Rising. Of course, everyone got involved and it hurt them.
I keep thinking of what Obama has done to the military and what Ronald Reagan said: No country was ever attacked because it was too powerful.
My concern regarding events and timing is the same as what I shared here in my OP (when I was Cuban Leaf): http://freerepublic.com/focus/f-news/3170217/posts
That was written two weeks after we started hearing about an organization called “ISIS”.
Infowarrior considers him to be neither. He was an outright fraud. "Champion of the working person" my left butt cheek!
He not only stiffed his wife's maid for every penny she ever earned, no, not satified with that he forced himself on her sexually, impregnating her, then had the audacity to claim the resultant child was the child of Friedrich Engels, and not his.
In short, he was a thief, a liar, and a fraud...
the infowarrior
Take a close look at the last line of my post #6. i suspect that this is yet another case of me being a bit too indirect in my humor!
Yep. It's primed.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.