Help me to become rich when the global economy goes pop!
June 21, 2012 10:05 AM Subscribe
A friend has advised me of a way to rake it in when the economy goes boom. Can you guys have a look at this and see if he is wise or just deluded.
posted by aqueousdan to Work & Money (31 answers total) 5 users marked this as a favorite
So he tells me that the global economy is going to go into meltdown sometime soon, maybe this year, maybe next but soon. He tells me to invest some money, something like £1000, into FAZ
Once the economy starts to fail this money will turn into lots more money.
He has shown me some videos of rather prominent "money experts" warning of the economical collapse and says that over a year this £1000, in his eyes, is "insurance" incase the collapse happens. Looking at graphs of the great depression and what might happen again he seems right about the whole thing.
Providing the collapse happens AND monetary systems arent completely worthless is this a good idea?
(apologies if my use of terms is incorrect regarding the subject!)