“We are entering a new era that we have never seen before.” Such was the insight that I received from the investment news yesterday. After a rather depressing article, I learned to expect the equivalent of financial armageddon as the world markets continue to correct themselves: deflation, dramatic collapse of capital, widespread job loss, financial ruin.
Then I went into Chapters last night and on the front cover of Canadian Business was thisÂ headline: The End of Optimism.
The beginning of the end of the world.
I called my broker today and sold all my holdings. Then I bought some goats. I figure I can use them for bartering when things get really bad.