2009 = 1929?

Have been extremely busy.
Have to "Home Schooling" my boys for the time being.
Due to the Swine Flu, we're now stuck in Australia rather than visiting HK, UK etc.

Back to the Reality.

The Worst is Over?

Do you believe it?

Have you missed the Signs?
Or you've Chosen to concentrate on the WRONG Signs Presented by the WRONG Persons?

Ask yourself,
"Who've been spreading the above Message?"

The Governments?
The Central Banks?
The so called Financial Experts etc.?

Are they NOT having a Conflict of Interests?
Are they NOT worried More Street Riots, More Firms Collapsed, More People NOT Invest?
They've to say what they HAVE to say.

Look at the Facts yourself, the Economy is actually Worse than you think,

http://online.wsj.com/article/SB124753066246235811.html

This Time is Different?

In 1929, when people asked in September,
"Should the share market be Corrected if not Falling?"

Then came the "Good Old Logic",
"This time is Different. We're now a Global Economy.
Share price can rise further."

This Time is different because,

- ALL Governments are working Together(?)& spending Madly to Stimulate economies
(Yes, ONLY to create More& Bigger Problems by keep printing money!)

- We have China and it's still Growing
(Yes, ONLY to see the Next round of Panic probably triggered off by it.
Its share market has risen over 60% just in the first 6 months of 2009.
In 1928, Wall St rose by 50% in a year.
Just look at the current Madness in the share prices of the New Listings in HK.
Familiar?)

- .......................

Common Sense?

If the Worst is Already Over, WHY

- US has More Banks Collapsing (& Growing) This year than Last Year?
(57 so far - twice more than the whole of last year!)

- US had a 9.5% Unemployment Rate (& Rising)in US Last Month?
(9.5% - Almost Twice than 4.9% 15 months ago!)

- Globally,
More & More workers are being asked to take No Paid Leave?
More & More workers are being asked to change to Part time jobs?
More & More Unemployed are being Unemployed for Longer?

- Wall ST had NOT regained 3/4 of the loss within 4 months like it did in 1929?

The Reality?

Have you looked at the Reality lately?
Have you looked around you?

I have.

My two aged 40+, well educated, well experienced, well paid friends just been fired.
More People are Divorcing due to financial stress.
More People are Bankrupting due to financial stress.

The Reality is,

Wall St is still about 40% DOWN from its Peak reached 20 months ago!

And, More Worrying is

Another Wave, a Bigger Wave is coming.

From Commercial Property Market?
Credit Card Loan?
http://www.nytimes.com/2009/06/16/your-money/credit-and-debit-cards/16credit.html?_r=1&em
Another Excessively Leveraged Product?
.........

From Iran?
North Korea?
............

Due to the Swine Flu?
Assassination of..........
Terrorist Attack in......
...........

Game Over?

Rather than buying the argument of "The Worst is Over",
You're better off by Buying Gold at some stage.
Because the Worse is just around the corner.

If you still think "The Worst is Over"
Then, it's over - for you.

You're Game Over.

Have you NOT noticed we're now moving back to 1929?
ONLY in Slow Motion.

Fate
The Worst is Routinely, Completely Trusting Others
www.myboysmyboss.blogspot.com