Greg


Here’s my idea on how people qualifying for those stimulus checks can help create economic anarchy.

Take your check if it is at least 500 bucks and invest in a commodities index fund. Most of them have been doing really well (it’s a bubble. I won’t kid you about this) since about 2003, but they have really taken off the last couple of years.

I would suggest a fund like CRSAX (it’s up 40% over the last 2 years, and it’s already up 9.5% so far this year).

If enough people do this, the price of oil, wheat, gold and just about anything you pull out of the ground or grow will wind up costing so much nobody can afford them anymore.

Automobiles will stop running, food riots, and anarchy will ensue.

Comments

10 Responses to “A good way to create an economic catastrophe?”

  1. bungee on January 15th, 2009 6:34 am

    and this is good for who exactly

  2. TheOnlyBeldin on January 18th, 2009 1:40 am

    But wait. Oil has gone up due to the Saudis, and the oil companies gouging us, and the supply and demand…

    You mean it’s actually due to overinvestment, because the Fed tanked the dollar?

    Politicians have lied to us? Say it ain’t so…

  3. Skeptic on January 21st, 2009 7:44 am

    This is yet another example of why markets fail to serve the people. It does provide ample opportunity for shinanigans and profiteering if regulators are sleeping.

    Thanks to the “help” of the World Bank and US foreign policy, we’ve converted much food producing land into producing export crops. “Foreign Aid” in food has driven local farmers out of business because prices were so low. This means that after we “help” a developing country, their GNP increases and the rate of starvation increases.

  4. Tom on January 24th, 2009 8:39 am

    If you want economic chaos, just vote for either B. Hussein or Chillary.

  5. john's son on January 24th, 2009 3:31 pm

    the problem in this country is that bubbles are all we really have to keep the economy going anyway. there was a good piece about this in harper’s a few months ago.

  6. John F on January 27th, 2009 6:16 am

    I have a better idea. Everyone give in to the the global warming hysteria where I’m seeing people who are getting paranoid about flipping on a light switch. (how big of a carbon foot print is that?) So if we buy all the carbon credits and pay all the carbon taxes that Al Gore (talk about getting “Gored”) and his ilk want. we could see a complete collapse of industry, innovation, a trillion dollar debt and deficit that grows every second. And quickly, the collapse of the USA as a country.

  7. freepress005 on January 28th, 2009 11:48 am

    unsere grobe fuhrer wird uns retten!!!!

  8. Stormchaser on January 29th, 2009 6:02 am

    Stock up, Grow your own Food and Buy Horses and Buggies, that would fix all of them…..remember the Food repositories? If people start shopping with the small farmer’s Markets or Start their own Victory Gardens WalMart, Oil Conglomorates and the Large Corporations would Bow down to the little people! Giddy up Horse! Horses and Mules don’t need Oil. It’s time for a Slooooow doooooown.

  9. Walter M- Barbara on February 1st, 2009 2:20 am

    Greg do you have a ***** loose? This country is in enough trouble without the citizens brewing upheavels!!! I know you are having some fun with us good yahoo people because you can’t possibly be serious!!!!! Enjoy your weekend and go read a good novel instead!!!!

  10. jackie on February 1st, 2009 2:44 am

    An even better idea; don’t allow anyone in office to have stocks or investments in foreign countries. Then you would see jobs and the economy in this country on the rise again.

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