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The Looming Disaster Explained (Porter Stansberry)
BillLawrenceOnline.Com ^ | 4-5-11

Posted on 04/05/2011 7:42:24 AM PDT by Tribune7

Stansberry & Associates Investment Research, an investment firm, is getting some notice and causing some controversy on the World Wide Web with a video warning of an impending collapse of the dollar which it claims will usher in 1,000 percent inflation and months of domestic turmoil.

If you get to the very end of it you'll find it to be a sales pitch. Still, Porter Stansberry makes some points worth considering:

--If all Americans paid 100 percent of their income in taxes it would still not pay off the national debt.

--That our government owes more money to more people than anyone else in the world -- and that was before the financial crisis.

(Excerpt) Read more at blog.billlawrenceonline.com ...


TOPICS: Business/Economy; Conspiracy; Government; Politics
KEYWORDS: alexjones; endofamerica; porterstansberry; stansberry

1 posted on 04/05/2011 7:42:29 AM PDT by Tribune7
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To: Tribune7

We do have a choice...

http://www.youtube.com/watch?v=Xwv5EbxXSmE


2 posted on 04/05/2011 7:44:19 AM PDT by tsowellfan
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To: Tribune7

I tried watching his video. I love apocoliptic type stuff. He bored the heck out of me to the point where I stopped paying any attention about 20 minutes in. Maybe if there was text of it available?


3 posted on 04/05/2011 7:47:06 AM PDT by Grunthor (The man or woman who doesn't forgive has forgotten the price that Christ paid for them on the Cross.)
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To: Grunthor

Close the video page, press cancel and the full text should show up.


4 posted on 04/05/2011 7:47:59 AM PDT by agere_contra (As often as I look upon the cross, so often will I forgive with all my heart.)
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To: agere_contra

So if PS is even only half right on this, it’s going to get really bad in this country this year. How bad do you think it will get? I’m stocking up on food and ammo just in case the family and I have to hunker down until it all blows over.


5 posted on 04/05/2011 7:52:48 AM PDT by Grunthor (The man or woman who doesn't forgive has forgotten the price that Christ paid for them on the Cross.)
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To: Tribune7

This stuff is total garbage and total nonsense.

To be sure, there’s a substantial danger of inflation today for the USA. But we’re talking about something in the “per annum” range of ten percent, plus or minus five.

Therefore, if somebody starts predicting anything remotely close to 1000 per cent inflation, you can be sure he’s either (1) just plain loony or (2) a shameless liar. Don’t waste your valuable time with such.


6 posted on 04/05/2011 7:55:25 AM PDT by Hawthorn
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To: Tribune7

This clearly can’t be the case. People on FR have been telling me that deflation is the real threat.

I’m no economist, but I do know that the Feral Government can’t pay its bills in a deflationary environment. The Fed intends to get inflation one way or another.


7 posted on 04/05/2011 8:02:59 AM PDT by old3030 (I lost some time once. It's always in the last place you look.)
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To: Hawthorn

I read through that monster.... and at the end, a pitch for 99bucks.

Pass.


8 posted on 04/05/2011 8:04:00 AM PDT by Danae (Anailnathrach ortha bhais beatha do cheal deanaimha)
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To: Grunthor

It will lead IMO to an 80% devaluation of the dollar from present levels in the space of a month. Not necessarily hyperinflation, but a sharp devaluation event.

Which month? Possibly as soon as July 2011, the month after QE2 is supposed to stop. Possibly as late as July 2012.

When D-month happens, anyone holding USD currency will be wiped out.

And I don’t mean just in America. 60% of all USD is held overseas - and quite a lot of it is held by my own dear UK.

FReepers should take the usual domestic precautions, and also hold hard assets and precious metals.


9 posted on 04/05/2011 8:05:52 AM PDT by agere_contra (As often as I look upon the cross, so often will I forgive with all my heart.)
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To: Grunthor; All

I have received this video several times in e-mail, including one today. You have more patience than I. I couldn’t get through 3 minutes of it. I was hoping someone on FR would post an FR analysis:) Glad I didn’t waste anymore time on it.


10 posted on 04/05/2011 8:15:01 AM PDT by Cold Heart
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To: Grunthor

Me too. Gave it 20 minutes of him telling me the same problem over and over again with no real information.


11 posted on 04/05/2011 8:32:49 AM PDT by edcoil (Rule One: Fear No Man)
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To: agere_contra; Grunthor; Travis McGee

What say you, Ferfal?


12 posted on 04/05/2011 8:46:18 AM PDT by CPT Clay (Pick up your weapon and follow me.)
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To: Danae

This guy uses the Ogilvy method of marketing developed by the master marketeer in the 1930’s....he is selling something....total hogwash


13 posted on 04/05/2011 8:52:59 AM PDT by databoss
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To: Tribune7

I watched all of it.

He has 4 strategies for weathering the disaster.

One,..Get your money out of the country to some place the gov. doesn’t know.

Second,..Buy precious metals, silver the preferred.

Third,Fourth,.. gotta buy his service for them. $99/ yr.
(but if you call in the next 20 min., because we can’t do this all day, it’s $49.95)


14 posted on 04/05/2011 9:26:25 AM PDT by Vinnie
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To: agere_contra; Grunthor

>> It will lead IMO to an 80% devaluation of the dollar from present levels in the space of a month. <<

About as likely as Donald Trump’s winning the GOP nomination and then picking or Helen Thomas as his VEEP running mate.


15 posted on 04/05/2011 9:39:16 AM PDT by Hawthorn
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To: Vinnie
I watched all of it.

You're tougher than me. I went to the YouTube version & skipped to the end.

16 posted on 04/05/2011 11:21:57 AM PDT by Tribune7 (The Democrat Party is not a political organization but a religious cult.)
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To: Cold Heart

Analysis:

Buy his newsletter.


17 posted on 04/05/2011 7:03:31 PM PDT by reformedliberal
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To: reformedliberal

I’m as skeptical as the next guy, but I think this video has two values: One, it really DOES educate people and two, it makes him some money. If you listen to him and then watch Chris Martenson’s crash course http://www.chrismartenson.com/crashcourse

You will get a good picture of what’s happening even if you don’t buy his service.


18 posted on 04/24/2011 7:14:00 AM PDT by RobRoy (The US today: Revelation 18:4)
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To: tsowellfan

>>We do have a choice...

http://www.youtube.com/watch?v=Xwv5EbxXSmE<<

At the end he says, “The question is, will we do it or not? It is up to us.”

Look around you. Look at the polls. Look at the fight we had in Wisconsin. “We” is the electorate, and they are the blue counties.

The answer to his question is, “No, we won’t.” It is why ones most powerful survival asset will be a place to go to where they can be self sufficient and be able to reasonably defend that place. There will be no guarantees, but it will improve the odds.


19 posted on 04/24/2011 7:51:33 AM PDT by RobRoy (The US today: Revelation 18:4)
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To: Hawthorn

Actually, a month may be too generous.

http://www.grandpappy.info/honehour.htm


20 posted on 04/24/2011 7:53:21 AM PDT by RobRoy (The US today: Revelation 18:4)
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To: agere_contra
Possibly as soon as July 2011, the month after QE2 is supposed to stop. Possibly as late as July 2012. When D-month happens, anyone holding USD currency will be wiped out.

It's now March 31, 2013. When will D-month happen now?

21 posted on 03/31/2013 6:27:46 PM PDT by Right Wing Assault (Dick Obama is more inexperienced now than he was before he was elected.)
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