If you worry about financial Armageddon, it is indeed metaphorically the time to stock your bunker with guns, ammunition, canned food and gold bars.
Sentiment: NEGATIVE
Politically speaking, it's always easier to shell out money for a disaster that has already happened, with clearly identifiable victims, than to invest money in protecting against something that may or may not happen in the future.
Time is key to building your financial security.
In falling markets, there is nothing that has not happened before. The bear or pessimist sees only the past, which imprisons the wretched financial soul in eternal circles of boom and bust and boom again.
I wrote a novel about an economic/environmental collapse titled 'Soft Apocalypse,' and that's definitely the sort I'm best prepared for. To write the novel, I did a lot of reading on what we might expect, so at the first sign, I'm ready to convert all of my assets to gold and ammo and stock up on freeze-dried food.
Finance is a gun. Politics is knowing when to pull the trigger.
When war comes, two things happen - profits go way, way up and all perishables go way, way down. There becomes a market for them.
When you get billions in aid and your weapons resupplied and your ammunition stock resupplied, you don't learn the lesson that war is bad and nobody wins.
I like putting my money into things like food and shelter. I'm probably a bad example of an investor.
That's the very essence of pork barrelism, when you give a huge lump sum to a person and say, 'Well, tell us what you want it for, but you are free to decide where to spend it on.'
On Lock, Stock, we didn't know where the money for shooting the next day was coming from.