Hasn't Dave Ramsey been recommending the same now for months?
>
Richard Russell, the famous writer of the Dow Theory Letters, has a chilling line in today's note:
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>Do your friends a favor. Tell them to "batten down the hatches" because there's a HARD RAIN coming. Tell them to get out of debt and sell anything they can sell (and don't need) in order to get liquid. Tell them that Richard Russell says that by the end of this year they won't recognize the country. They'll retort, "How the dickens does Russell know -- who told him?" Tell them the stock market told him.
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>That's pretty intense!>
>
http://www.businessinsider.com/dow-theorist-richard-russell-sell-everything-liquid-you-wont-recognize-america-by-the-end-of-the-year-2010-5#ixzz0oJC6fJ6M>
>Euro sub 1.23
>Germany halting short sales until March 2011
>Nasty looking DOW chart
>
>I'd say today deserves a Tick...
.·*´¨)
.·`TCH
(..·*
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"When the debate is lost, slander becomes the tool of the loser." - Socrates
Vita contingit, Vive cum eo. (Life Happens, Live With it.)
"Life is not measured by the number of breaths we take, but by the moments that take our breath away." -- author unknown
"De omnibus dubitandum"