Wednesday, August 24, 2011

Depression 2012

The Euro zone's financial system is collapsing, USA is printing more fiat dollars in QE3, prices of commodities are deflating, assets are devaluing, gold as a "safe haven" is skyrocketing, countries in the Middle East are collapsing, taxes are going up, more aggressive tax collection methods are being utilized worldwide, wars and rumors of wars abound, politicians globally are being exposed for lies and scandal, earthquakes, hurricanes and other "acts of G-d" are daily news events, global equity market volatility, doubt of the stability and funding of public and private pensions worldwide, yadda, yadda, yadda.

In 2008 depression was estimated to effect 121 million people worldwide and the anti-depressant drug market reached sales of around $ 11 billion.  Common side effects are anxiety, nausea, sexual dysfunction and weight gain.

Bailouts, buyouts, secret loans to "too big to fail" banks and financiers worldwide, miscalculations and errors in economic policy by politicians and other global leaders, formerly North American based corporations moving head offices and jobs offshore to reduce or eliminate taxes, Venezuela demanding a return of their physical gold, uncertainty of the last audit of worldwide central bank gold stores, drug resistant diseases and environmental disasters are escalating and illegal drug cartels are winning.

This guy's business was in major financial trouble.  His net worth was sunk into a failing business - he owed family, friends and banks.  He was depressed and swallowing prescription drugs to improve his mental state.  Anxiety, nausea, sexual dysfunction and weight gain were his companions.  He was contemplating taking his own life.

As a last resort he went to his religious advisor (PC speak for priest, minister, rabbi, etc.) and spoke of his predicament.  When he was done, his religious advisor suggested the following.

"Go to a lake with a chair and your bible and sit by the lakeside.  Open the bible and let the wind turn the pages until it stops flipping. Look at the page and your answer will be revealed."

One year later, the businessman, wife and children meet with the religious advisor.  The businessman and his family are dressed in designer clothes, expensive jewelry and driving a Rolls Royce.  The businessman hands an envelope stuffed with one hundred dollar bills to the advisor and thanks him for helping in a time of need.

"So you went to the lake with your bible ?"  The businessman nodded his head, yes.  "And you let the wind decide on the page? "  The businessman nodded his head, yes.  "And what was the revelation that came to you?"  The businessman smiled and said, "Chapter 11."

It seems the more people take prescription drugs, alcohol, illegal drugs and other self medicating and life distracting actions - the more anxiety and dysfunction is evidenced in their lives and the global financial system.

So what am I going to do ?
  • How about I laugh a little and not take myself so seriously.
  • Quit listening and watching the news and doomsayers
  • Reduce and/or eliminate all debt
  • Budget our finances, time and energy
  • Celebrate and appreciate my family and friends
  • Be grateful for all I have been blessed with
  • Make Philosopher's Stone Oil and Gas Foundation a successful reality
What other options are there for Depression 2012 ?
  • Buy guns and lots of ammunition
  • Buy gold and silver
  • Buy food for storage
  • Store water and have a purifying system
  • Buy guns and lots of ammunition

So what will be your reaction to Depression 2012 ?


Me and my wife, we'll just play it by ear as always.


(My theory is that the number of persons with depression worldwide, will rise in correlation to the percentage increase in the price of gold.  Note to those who have no sense of humour, start taking large doses of Effexor, Cymbalta, Lexapro, Paxil, Wellbutrin, Zoloft and Remeron.  Consider investing in pharmaceuticals.  It's not going to get any easier over the next few years either financially or politically ; )



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