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Articles Posted by mpstan

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  • Société Générale tells clients how to prepare for potential 'global collapse'

    11/19/2009 7:03:15 PM PST · by mpstan · 18 replies · 971+ views
    Telegraph.co.uk ^ | 11/19/2009 | Ambrose Evans-Pritchard
    Société Générale has advised clients to be ready for a possible "global economic collapse" over the next two years, mapping a strategy of defensive investments to avoid wealth destruction. In a report entitled "Worst-case debt scenario", the bank's asset team said state rescue packages over the last year have merely transferred private liabilities onto sagging sovereign shoulders, creating a fresh set of problems. Overall debt is still far too high in almost all rich economies as a share of GDP (350pc in the US), whether public or private. It must be reduced by the hard slog of "deleveraging", for years....
  • Looking at AR-15s

    02/28/2009 8:35:38 PM PST · by mpstan · 89 replies · 3,233+ views
    Hi all, I'm researching AR 15s for the same reason most here are.... personal and home defense if things go to "mad max", and becuase I'm afraid that if I wait much longer I won't be able to get one. Never owned one; right now I own a 12ga shotgun, 2 .270 deer rifles, and my favorite, a 6.5x55 Swede chambered Tikka deer rifle. Because of my last selection, I started hand-loading. As far as AR-15s go, I'm thinking about the newer 6.8mm version, which should have better stopping power than a 5.56 but less recoil than an AR-10 with...