Preparing for a German-Type Depression

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Savers were losers because money was worth less and less as more and more of it was pumped into the system. A depression was caused as inflation set in.

If there is a depression coming, will cash be king or will cash be trash?

Preparing for a German-Type Depression

A few people are preparing for a German-style depression. These people are accumulating gold and silver coins, some cash, and investments that adjust for inflation. Examples of such investments are oil, food, gold and silver stocks, and government-sponsored housing.

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Lee Shau Kee 李兆基

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这是一位香港富豪的奋斗故事，也是一个知足常乐的故事。 他经常奉劝年轻人，特别是初出道的打工仔， 第一桶金很重要 。 小俭能致富，储到第一个100万，然后去投资，就可以变出200、300万。他说自己就是从打金储备一点一点做起来的。 他有一句格言：“小生意怕食不怕息，大生意怕息不怕食。”对李兆基而言，他坚信做小生意最重要的是勤。至于说做大生意，最重要的是计算精确。生意额大，牵涉的本钱和盈利大，一出一入的利息，多一分少一分是很重要的。 钞票只是浮财，拥有物业才是真正的恒产。 1973年3月，香港股票达崩溃，地产也陷入低谷，李兆基看准行情，立即将赚来的钱抛出，趁旧楼价格和土地价格大跌，迅速进行收购。实物总比钞票让他更放心。 得到社会巨额融资的李兆基，如虎添翼，如鱼得水。 他曾分析，香港股市近期每日平均成交额是400亿港元，楼市每日成交额只有4000万港元，两者相差1000倍。很明显，从400亿的经济活动中赚取收入，比从4000万的经济活动中赚取收入来得容易。 一次，有人请李兆基传授发达心得，他不假思索便答：“想发达很容易，只要每天起床一刻开始，脑里不停想着怎样可以发达，怎样可以发达，你早晚一定可以发达。”来人续问：“那岂不是很快疯了？”四叔压低腔调答：“会啊！你看我便知道了。” Source: http://bigorangemedia.com/%E5%B0%81%E9%9D%A2%E4%BA%BA%E7%89%A9-front-cover/3226-%E2%80%9C%E9%A6%99%E6%B8%AF%E5%B7%B4%E8%8F%B2%E7%89%B9%E2%80%9D-%E6%9D%8E%E5%85%86%E5%9F%BAlee-shau-kee-%E4%BB%8E%E9%A6%99%E6%B8%AF%E6%A5%BC%E7%A5%9E%E5%88%B0%E4%BA%9A%E6%B4%B2%E8%82%A1%E7%A5%9E%E3%80%82.html
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How To Use AI To Generate A Professional Marketing Brochure Using Just A Profile Photo and A Single Background Image

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In this note: Grok Imagine Google AI Studio Gemini vs Grok vs ChatGPT --------------------------------------------------------------------- I had an interesting encounter with AI yesterday. I was looking at designing a cover page for my course preview content (embeded below). Grok Imagine I thought of Grok initially, as I happened to generate a professional fashion show clip with just a product image  with it recently. But Grok Imagine gave me this right after I uploaded my image without any prompt: Frankly, I was amazed listening to the "script" it generated. Look like me, sound not like me, and not me saying that!  😅 I was a bit carried away playing around with the clip generation. Since I been there, I generated somehow considered a good teaser video clip, with the same profile image. I didn't manage to get the front cover design done with Grok.  Then I switched to Gemini. Google AI Studio This is how the conversation started: Me: Create a professional course flyer fo...
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How To Use AI To Generate A Professional Video Clip Using Just A Single Product Image

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From A Single Product Image To A Professional Video Clip How To Use AI To Generate A Professional Video Clip Using Just A Single Product Image Below is an example how we get to above clip, also available here: https://grok.com/imagine/post/c51f5d27-7af4-458b-9e9c-3b20cc5bc0a4?source=post-page&platform=web For this example, we use Grok. 1️⃣ First, chat with Grok to get a good prompt : "What is the best prompt I can use to create a European model wearing the provided clothing walking on a fashion show catwalk video clip. The model should make a 360-degree turn to showcase the clothing from all angles. Use copyright free background music for fashion show. Add in lighting where applicable to let the clip looks more professional as though it was taken from a real fashion show. I don't want this image to be shown in the video clip produced." 2️⃣ Then, copy the output and paste to Grok's Imagine: "Create a 10 second high-resolution, realistic video clip of a tall, e...
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