Originally Posted by Capt Phil
Hey, Dave... sorry for the rant but I do have a very nervous feeling about the future. Hopefully, your boat
is a little more appealing than Kevin Costers! I really enjoy reading your point of view, seriously. I just don't share your more optimistic view of the future. My feeling is reflected in the plans I've made for my kids
and grandkids. As far as Saxo's predictions go, I agree that Australia
is in for some tough times ahead. Their real estate bubble is not dissimilar to what happened in the US except their banking regulations
do not allow the liar loans or no down payment property aquisition so it won't be as severe. Further, if you don't think that Apple is overpriced, we don't agree.
This thread has prompted a lot of comment from which I've learned.
I know it has drifted but has been valuable to quite a few folks, I believe... many thanks to your and other contributors. i think this is really a unique forum. Cheers, Capt Phil
We both agree that a the moment, especially here in the Eurozone, things are very strange. I don't ascribe to the apoplectic views because history
has in general pulled back from such situations. We are in no danger
of any widespread armed conflict, that's sure ( no body has the money
anyway ) a return to barter has never happened since money
On this side of the pond , we need to get the french and German elections over. Hopefully these leaders will be replaced by those with a bit more vision. The Euro problem is temporary and is not related to the fundamental underlying economy, but a side effect of not having a functional central bank, because the Germans are scared of something that happened 80 years ago, yet the fundamentals are completely different now then then.
However if all fails, I fundamentally don't feel a boat
is a useful refuge at all. ( nor is there any historical precedence that it is) boats require access to technology, they require a willing shore based support network. You only have to read the history
of naval development to see that. No if you feel the need to return to survival mode, you need land, in my case, I'm well armed, maybe I'll just take it. Once you have some land you need to be able to defend it. ( maybe I need a few like minded friends!) . The sea is not suitable for long term survival, land is.