All of us were. I went balls deep on real estate the last 20 years, but in the end, a house worth $400k is actually worth maybe $30k, the high prices are fake, caused by money printing for low rate mortgages. They now intend to hike the rates and the banks end up owning half the country through foreclosure. All my investment activity, all those weekends fixing up houses, it was all just helping them achieve this end.

Farmland is the only good play in land, and precious metals in particular and commodities in general may be the best escape hatch out of this crashing economy.