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THE WORLD IS COMING TO AN END!!

The doom sayers have been saying that now since 1914. No doubt that is true. It will end some year. No one on this Earth knows when, so just enjoy what little time that you have left.

My shtick is "DEPRESSION IS COMING!!". I think I am closer to the truth.

Depression News

The best definition of a financial depression is a period when supply overwhelms demand, resulting in falling prices, unemployment problems, and economic contraction.

Investopedia explains 'Great Depression'

The NYSE crashed on October 24, 1929, a day known as Black Thursday. Thousands of people lost nearly the entire value of their investments, leaving them with next to nothing. The trend continued and the following Tuesday, Black Tuesday, the DJIA dropped 12%, marking the start of the great depression. International trade declined, along with personal income, tax revenues and product prices.

Many economists believed the Great Depression was evidence that capitalism, when left unchecked, is a dangerous ideology.

This caused some nations to change their political structures, such as Germany, who adopted fascism.

Read more:

http://www.investopedia.com/terms/g/great_depression.asp#ixzz1lo6dD63E


Indications of a depression will be a 12% drop in the stock market combined with a high rate of inflation. People will be purchasing gold as a hedge against the inflation, so watch the price of gold closely.

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"Depression is coming". Half of Europe is mired in a recession with 20+% unemployment and 30+% poverty but keeps limping along from one financial crisis to the next.

The United States is so far in debt that it could not handle a recession, not alone a depression, but again keeps limping along from one financial crisis to the next.


Tuesday, May 18, 2010

The Senior Citizen and Surveys

You have heard the hype, got it in your SPAM box, in your inbox, and probably even got it from your internet service provider, or email provider.

"Make money taking surveys".

"Work at home taking surveys".

"We want your vote".

"We want your opinion".

Sounds like an ideal job for a Senior Citizen.

Can you really make money?

From those emails that are in your SPAM box you can expect to enter your creditcard number, and then bend over.  The best that you can expect from these is a list of authentic survey companies.

From your internet service, or email provider, your name will be entered into a drawing for a monetary prize.  Many of the surveys are concerning new products, and for those products that you express an interest in, you can expect to receive coupons in the mail.  Many of the surveys are for services concerning such as house remodeling, window replacement, permanent siding.  From the firms that are involved in these services, you can expect telephone calls from "Hard Sell" salesmen.

There are legitimate firms which do pay for taking surveys.  They represent legitimate clients which are interested in polls concerning a variety of products, services, and information.  The problem is the pay itself.  Tenth of a cent for an email survey.  A nickel for an extended online survey.  And the survey companies normally have a high limit of fifty or one hundred dollars before they pay your accumulated earnings.

So you can make money taking surveys.  Just don't expect a lot.  Perhaps you are interested.  Where can you find these legitimate companies?  Search on line.  Remember that if you are required to pay a fee, the firm  is not legitimate.

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