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I really enjoyed the show, especially your prognostications concerning US debt and bonds. I have had a ‘gut feeling’ for a short time that something is up, something is awry with our economic and monetary system. I recommend to everyone: avoid new large purchases as Reid said (buying a New Car is an extremely bad decision, as I’ve learned the hard way). Also, pay off any debt you have as quickly as possible, even if it requires some sacrifices in lifestyle. For the average working person, debt is the modern equivalent of slavery. Additionally, keep at least two weeks’s wages on hand in cash, preferably a month’s worth, for unexpected costs. Finally, work on saving long term, whether it’s stocks, gold and silver, bonds, or whatever.
I personally have about 10,000 dollars in debt remaining, but am working on paying it off as soon as possible. I look forward to being debt free and being able to save more.
Also Reid, I will say that I did notice the speed increase in your show last week. This week seemed a bit more reasonable in speed- did they slow it back down a bit? This week was a pretty good speed for my ears, personally.
Cheers, and take care.
Tickled you enjoy the show, and thanks for listening! Sounds like you are taking all the right steps…now we shall hope the landing for all is as soft as it can be…but better to prepare, then not! Appreciate your comments on the show speed, too! Keep ’em coming!
Reid