Posted on 11/07/2008 7:38:30 AM PST by TigerLikesRooster
Ping!
If this is true.........where is the US going to borrow the $918 Billion they want to spend? Would you loan it to them or would you just trade the US for the money?
“No shit Sherlock” alert.
House and contents for sale...cheep.
Taking my kittycats,hubby and guns and heading for the mountains.
(OK,just kidding....staying to fight!!)
hope babmi has fun presiding over this mess....does herbert hoover come to mind...although herbert was infinitely more qualified than bambi
If it turns around and the economy booms, there will have been people that predicted that too. The trick is to get people to pay you for your predictions.
Recession, not bankruptcy. This guy makes money off of fear, I would suspect.
Ron Paul warned us, no one listened.
How many false positives come with his predictions? Seeing a couple of stock market crashes isn't difficult if you predict a new one every few months. An oncologist who diagnoses cancer in every patient he sees will be 100% accurate in those who actually do have cancer. If you only pay attention to those the doctor looks like a genius.
This from the euthanasia capital of Europe.
“If this is true.........where is the US going to borrow the $918 Billion they want to spend? Would you loan it to them or would you just trade the US for the money?”
How about the dollar collapses and the Amero comes to the rescue?
On the other hand, he says you can only make money 3 cents per dollar. So while he makes tons of money, he is not after dangerous leveraging scheme.
There were so many buying the hype with no second thought, even if he preach "doom." So I am sure he did pretty well betting against the herd.
Yep. Thats what happens when you export all your jobs to China, Mexico and the like. Its really very simple.
Unfortunately, he is absolutely right. The US is headed for bankruptcy. The only question is how much wealth distribution(i.e. government coerced theft) there will be on the way down. The Reagan prosperity of the last 25 years has been undermined and destroyed. It is going to get ugly, more ugly than people realize.
Relax. We'll get it somehow...
Unfortunately, he is absolutely right. The US is headed for bankruptcy. The only question is how much wealth distribution(i.e. government coerced theft) there will be on the way down. The Reagan prosperity of the last 25 years has been undermined and destroyed. It is going to get ugly, more ugly than people realize.
I'm quite sure he will have fun. It will be the people living with his "solutions" that will not be having much fun.
Or was that Ross Perot?
But what are you going to do?
Force companies to keep their plants here? That’s socialism.
Companies have a responsibility to their shareholders only, not to a nation, not to their workers, not to the consumer. And they need to maximize their profits, and if that requires exporting “your” job, then that’s their moral obligation.
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