No value in planting in an economic winter? Doesn't that conflict with 'buy low sell high' principle? If you wait too long for the spring, you end up paying too much.

/not an expert, has mucho debt

no. the dow is going to 5000 (but will likely go to 12000 first) . that is a better time to consider "planting". furthermore oil is going to go over $200 and t-notes will yield 20% before this is all over, because what we are doing now is planting the seeds for hyperinflation (to follow our current deflation) with all of this "50 billion here, 100 billion there, 700 billion here" money printing.

Oh, you don't? You mean these are just in-the-air?

But I'm planting now. Partly because I have some 'peek-a-boo' technology and nothing could stop me at this point. But also because I think if I do it right, I can play the circumstance to my favor. I'm planning on keeping my job (as long as possible) and now that friends are getting laid off, I'm roping them into my plans. No offices, no logo t-shirts, and no fuzzy business plans. But I'm planting.

Sounds like a perfectly good reason to max out home equity loans at a fixed rate.

Thanks!

we've increased the national debt by 10% in just about a month. you tell me if you think that bodes well for the economy.

indeed, debt will become more of a problem in coming years as people see their secured assets lose value (i.e., classic "underwater" loans). people will all seek to liquidate at once, but since they are underwater they will still be in debt even when they no longer have possessions.

DEBT. that is all you need to know about this crisis. it will take years for our debt situation to be solved. until it does, we are in a secular bear.