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Music Memories + Songs

Saturday, April 24, 2010

On weight loss supplements

Robert Prechter author of Conquer the Crash says he's the only one out there warning of deflation. A lot of people are warning of inflation. Money manager and investment guru based in Hong Kong Marc Faber is warning of the Zimbabwe-ization of the US dollar. Zimbabwe is a country in southern Africa, formerly known as Rhodesia which has suffered a lot since the guerilla leader Robert Mugabe took over years ago. It went through a time of incredible inflation. People didn't need weight loss supplements because they couldn't afford to eat. There's a picture online of a Zimbabwe bill for over one trillion dollars.

On anti wrinkle eye cream

I recently read an interesting book Conquer the Crash by Robert Prechter. It originally came out in 2002 but was recently updated for 2009. He makes a good case for a coming deflationary depression that could make the Great Depression look like child's play. Fortunately, I'm not convinced. For one thing, the 2002 book clearly says that the bull market in stocks that ended in 2000 was the end of the "fifth" wave that means the beginning of the crash. That was ten years ago. Money moved into real estate and it crashed and did rock the economy and increase unemployment, but we're not as bad off as he predicted and he now says all that is just the early stages of what's coming. I can't say he's wrong, though it's not a picture to help make anti wrinkle eye cream effective. It's enough to make you lose any hair you have left.