Great drive from Croatia, through Slovenia and Italy, then into the South of France, where I'm renting a $1 million villa for an absolute fraction of what the "owner" pays. Yes, this stupidity is worldwide. The fundamentals are so out of whack, it's hilarious. And a damn nice time to be renting.
I recommend all of you get to Eastern Europe while it's still Eastern Europe. No Starbucks, no Wal-Mart, no McDonalds. And the people seem to have a sense of optimism and appreciation that is sorely missing in the US and Western Europe. I'll be heading back in a bit.
So now I'm in France, where people work less than 35 hours a week, and feel they're entitled to prosperity. Memo to France - change or you're f*cked. Great food, great wine, great architecture, beautiful women, great landscapes, but you're all about to lose your jobs. And aspiring to be a government worker like most of you do is sad. Really, really sad.
(Oh, man, the French are gonna hate me)
So, been off HP for two days. Just checked my portfolio which is flying (in dollar terms) - thank you Bubbles Ben Bernanke! I hope other HP'ers took the clues and started deploying your saved up dollars into Bernanke's New Bubble. Cash WAS king.
So, what did I miss?
February 01, 2008
Posted by blogger at 2/01/2008