How do we know what is coming?

Kia Ora,

Well how do we know what is coming? We study history! It can be ancient history as that shows the cycles the world moves in as men make the same mistakes over & over again.

It can be more immediate history that shows what is likely to happen if certain actions are taken or situations arise.


Most of what has been happening is just a repeat of history that has been recorded since the time of the Romans in regards to the world of finance.

Each time changes by man means the time before is not exactly like the last but just like gravity the rules of money going by history never really change.

But what you can do is see what is happening locally & if something has happened similar recently. Now one of the letters I follow is a free one based out of Australia called Daily Reckoning & at times it appears to contradict itself as different people contribute. Therefore more financial education is required on your behalf to come to a conclusion as to what is likely to happen.

Recently there has been quite a bit of comment on how the Australian banks are dangerously exposed to offshore exposure through loans.

The point they were making was that if suddenly interests rates jump that they have to pay for loans (& they expect them too) then those Australian banks are going to have to look elsewhere for funds.

One area they would expect is the Australian government to 'print' money to do as the US has done & bail the banks out effectively transferring the private debt to the Government.

Now if that happens & Australia decides it wants to look at other options then there is the likelyhood of it following the US in quietly enacting policies where retirement funds can withhold the funds of those with money in them.

So effectively stealing the money supposedly put aside for retirement, but legally.

Some might see this as conspiracy material, but if you look you can find that it is going on right now.

Just like the recent quiet change in the ability to exhange Gold & Silver ETF's for the real thing, because if that ability still remained people would find that the amount been traded doesn't exist.