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Monday, November 19, 2007

HEAT VALUE OF YOUR MONEY


Do you know “Heat Value”?
Imagine I just opened my wallet and pulled out One Dollar and there was Twenty Dollar bill. When it comes down to it, if you burned them, you would get the exact same amount of heat from both of them.
Get ready to grab a book of matches.
A report from the Royal Bank of Scotland this week predicted the total losses from financial write downs will be “somewhere between $250-500-billion.” For normal folks like us who are daily workers and don’t make fat commissions off of creating a false economy based on future assumptions, It's a bad, bad news.
After all, people are already thrown out on the street and crime is on the rise. And you ain’t seen nothing yet. People that can’t afford to pay rent or for food certainly are less apt to care about offsetting of their carbon footprint for purchases they make.

And I don’t feel so bad for the financial institutions which are taking it as ringer. Bankers and oil energy companies could have been pushing industry to make the switch to an alternative energy economy with value predicated on real energy values. That means you would only be able to use the money once, and then it goes away instead of recirculating and adding more money to the fake pile of value that is presently imploding.

But these are big concepts with lots of intricate details, and I’ll get to the point. FASB157 will bring in an Accountant of the Apocalypse, and you will see many banks and companies fall to their knees. I mean, you can only bullshit mother earth for so long before fake money value meets the 4th Law of Thermodynamics.
So as the dollar dies, and all of the reactions begin to amplify, remember that cigarettes and alcohol are “Poor Man’s Gold”, and you can always barter with them. The questions that remain will be:
How fast this collapse will occur and how you are preparing for this event?

2 comments:

AAnkitg said...

hey jst coz ur supposedly in 08 batch and me in 09 batch at ibs hyd..
i hope now u got it y i askd 4 emal nethng personal in that

M.P.Singh said...

ok dear my mail id is manvendra.p.singh@gmail.com