I guess a big topic globally now is the depression, recession or growth in our economies both now and in the future.

It has to be said that the experts certainly disagree on this one or at least on the timing and extent of it all.


Some, particularly Stateside are certainly of the opinion that its time to sell of the houses, the cars and the lot get the cash and live from a backpack in the next few years. Why? Well they reckon that depression will hit hard and that possessions such as house and cars will simply collapse still further in value.


If you cash in now well then you have real cash or gold bars to survive while others suffer to liquidate their assets to survive.


I suppose the optimist may say that liquidating now releases cash that you can use to buy assets at the very bottom of recession and make cash on the way back out.


The big issue is for the many Baby Boomers who just may not wish to go through all this disruption and have to stick it out.


What do you think?