""Those who cannot remember the past are condemned to repeat it."
So since we have no control of world macro-economics, what can we do individually to prosper?
During prohibition my 2 grandfathers took took different paths...with different results.
My paternal grandfather, left the farm for a secure government job, and became a Nashville cop.
He retired to a small rural house and rode out the 1930s storm.
My other Grandfather built a still, and made a small fortune during prohibition on weekends. He paid cash for his home, and bought a rental for cash as well.
He wasted no time reading the news....he couldn't read. When prohibition ended, he rolled all profits into a farm outside of Stanford U. "kids got to eat". He lived very well from selling food, and chucks of farmland for the rest of his life.
In the little time left on this planet (for me) I am interested on how to profit from all the current turmoil. :)
Any ideas?