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<p>[QUOTE="InfleXion, post: 1658840, member: 29012"]I didn't say national debt. I said debt, as in overall debt which includes private/student debt, corporate debt, bonds, currency creation, etc. As to whether national debt is more pertinent to GDP, I'm not certain. </p><p><br /></p><p>I do have some cash on hand so I can take advantage of a 'cash is king' scenario which would be temporary IMO, and also my share of equities only because I'm not ready to retire, but I don't personally feel good about that. High frequency trading is also growing exponentially and currently accounts for over 90% of all market volume. It's not a real market. Yes there is money to be made, but as we have seen by the flash crash in 2010, and firms like Knight Capital or MF Global, paper contracts are ultimately only worth the paper they are printed on. It's foolish to argue against diversification, but it is also foolish to put your wealth into a ponzi scheme to achieve that end.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1658840, member: 29012"]I didn't say national debt. I said debt, as in overall debt which includes private/student debt, corporate debt, bonds, currency creation, etc. As to whether national debt is more pertinent to GDP, I'm not certain. I do have some cash on hand so I can take advantage of a 'cash is king' scenario which would be temporary IMO, and also my share of equities only because I'm not ready to retire, but I don't personally feel good about that. High frequency trading is also growing exponentially and currently accounts for over 90% of all market volume. It's not a real market. Yes there is money to be made, but as we have seen by the flash crash in 2010, and firms like Knight Capital or MF Global, paper contracts are ultimately only worth the paper they are printed on. It's foolish to argue against diversification, but it is also foolish to put your wealth into a ponzi scheme to achieve that end.[/QUOTE]
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