Wednesday, March 4, 2009

Drive your cart and your plow over the bones of the dead.*

From John Robb over at Global Guerrillas we have this:

Resilient Communities JOURNAL:

Wall Street Icon Jim Rogers calls for Resilient Communities?

The legendary investor Jim Rogers (via CNBC), known for sniffing out global trends worthy of investment, lets loose: "I think it's astonishing, they're [the big bankrupt banks and their government enablers] ruining the US economy, they're ruining the US government, they're ruining the US central bank and they're ruining the US dollar...

You are watching something in front of our eyes, very historically, which is basically the destruction of New York as a financial center and the destruction of America as the world's most powerful country. The idea that you have too much debt, too much borrowing and too much consumption and you're going to solve that problem with more debt, more consumption and more borrowing?

These people are nuts.

Power is shifting now from the money shifters, the guys who trade paper and money, to people who produce real goods. What you should do is become a farmer, or start a farming network."

Posted by John Robb on Tuesday, 03 March 2009 at 06:06 PM

*- This advice comes from the less contemporary William Blake, i think it still holds value

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