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I'm with Paul Tudor Jones, who believes that every asset has its time and place, and right now it could be gold's time. Or not. But essentially I don't care as I'm a trendfollower.

Paul Krugman is a commie half wit.

When people feel like spending they spend (and borrow) like crazy despite dire warnings from their older, wiser kinsfolk. Now they're being TOLD to spend and they don't want to; go figure. BTW Buffet is rich because he went heavily long stocks and bought pullbacks starting in 1950, the start...

Do you know that long down cycles have upward blips? Are you aware of what happened in Japan 1990-present? USA 1929-33?

For God's sake the man has $40 BILLION in the stock market. Like, duh, which way do you think he wants it to go?

Here's a little quiz: Warren Buffet is long stocks to the tune of $40bn odd. Is he more likely to: a) talk the market UP b) talk the market DOWN ?

Are you a client of Gricham Jones? Are they any good?

The 0% personal income tax rate is Monaco's raison d'etre. Without that, no one would bother living there. Unfortunately to be resident in Monaco for tax purposes you need to live within the principality's borders, i.e. pay the expensive rents.

No, asset prices will FALL, along with GDP. What will shoot up are the prices of raw materials. Why? Not because of demand, but because during the boom years, no one can be bothered to invest in production and exploration. It's too dull. That's classic deflation.

I've heard that native Monegasques are a mere 20% of the population, and most of them are in social housing due to the price of real estate being forced up by foreign demand. However, they are very well looked after with W European style welfare, free healthcare etc. Curiously, Monaco is...

You've got to choose your parents wisely :)

God needs to find some better hobbies..

Doesn't your friend Aaron know anything better than being long stocks all the time?

Of course, all opinion is valid. The line that really drew my attention was the one where he said he was fully invested. WHAT IF everyone who thinks the market will rise is fully invested TODAY?

Interesting - when a crash is very widely advertised and discussed, is the most likely outcome a steady decline, such as 2000-2002?

http://www.telegraph.co.uk/finance/personalfinance/investing/7953319/I-am-betting-on-the-stock-market-rising-substantially.html The best example so far of long only, value based delusion?

There are two components to Keynesiansim: 1. Build up a surplus during an economic boom 2. Spend some of it during a downturn to lessen its severity The problem is politicians always forget No.1

There's a huge difference between living on little money and no money whatsoever. This guy is writing the book to get into the former category.

The laws on consent need to be changed so that the issue becomes whether or not sexual activity was consensual, not the exact age of the younger participant. I think any girl over the age of 12 knows whether or not she wants to have sex. If coercion is involved it's a crime - otherwise it isn't.

Why are these two freaks always held up as some kind of example? It's normal to live well if you can afford to.