Stock Up On Cash, Not Baked Beans
Preparing for the apocalypse is no longer a boutique business. Costco is now selling 9-month emergency survival supplies on the same catalogue page as shotguns and security systems.
It's capitalism, I suppose: if enough of your customers go crazy, you must go crazy with them.
On the other hand, the disaster-minded should take note: while the small investor is hoarding canned food, the big boys are hoarding cash—and not just any random cash, but U.S. dollars.
About the Author
David Frum
David Frum is a contributing editor at Newsweek and The Daily Beast and a CNN contributor. He is the author of eight books, including most recently the e-book WHY ROMNEY LOST and his first novel Patriots, published in April 2012.
Comments