This is a 35 minute interview with Eric Janszen, who founded iTulip.com.
He puts forward the case that the dollar will continue to loose value and Americans experience hyper-inflation as a result of their massive trade deficit and the bursting of the housing bubble there is one of the portents of an upcoming re-adjustment in their economy.
"America’s Bubble Economy: Profit When It Pops"
financialsense.com/Experts/2006/Janszen.html
Hypothetical question - Imagine you live in 1928 and have a hunch about what is likely to to happen to the economy over the following 5 years, what measures would you take to protect yourself?
Hypothetical question - Imagine you live in 1928 and have a hunch about what is likely to to happen to the economy over the following 5 years, what measures would you take to protect yourself?
Doing exactly what I’m doing now.
- Selling off my property
- Paying off any debt
- Moving some cash out of the stock market
- Filling my mattress with cash
- Sit back and watch the fireworks
With Sterling now falling to GBP/EUR 0.97044 according to Xe.com today,
I just wonder if a lot of Irish investors in the UK hedged their bets at the right time!
Would they have borrowed in sterling or euro - hope they’re not leveraged in euro - ouch!
[ of all property investors in the UK are now Irish
](https://www.guardian.co.uk/money/2006/apr/09/theobserver.internationalnews)
