Jeff Mackey Sees The Illusion And "Knows" The U.S. Economy Is IMPLODING . . .

Discussion in 'Conspiracy Theories' started by Terral, May 24, 2009.

  1. Terral
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    Terral Terral Corp CEO

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    Greetings to All:

    Jeff Mackey from CNBC Fast Money (link) has joined the ranks of many people who realize the U.S. Economy is headed for Collapse in the very near future.

    DailyPaul.com

    [ame="http://www.youtube.com/watch?v=EWFLfzbZQFI"]Jeff Mackey Recognizes The Illusion …[/ame]

    The Daily Paul people are trying to characterize Jeff Mackey as a talking head melting down, when in reality the guy is showing signs of waking the hell up!

    [ame="http://www.youtube.com/watch?v=Pc6DGevJels"]Jim Rogers[/ame]

    [ame="http://www.youtube.com/watch?v=R0WTw2yiFIo&feature=related"]Peter Schiff[/ame]

    [ame="http://www.youtube.com/watch?v=-SFBupCrqpM&feature=related"]Gerald Celente[/ame]

    [ame="http://www.youtube.com/watch?v=-dOaHgkAHP4"]Lyndon LaRouche[/ame]

    Now we can add one more name to the list of people declaring that the U.S. Economy is headed for a massive Collapse/Implosion, while those blinded by Loyal Bushie/Obama LIARS are moving around chairs on the USA Titanic. Jeff Mackey’s seeming ‘meltdown’ reaction was generated by the disparity between the ‘facts’ pointing to the coming U.S. Economic COLLAPSE 'versus' the media hype pushing the moronic delusion that things have ANY chance of improving. My post describing the 8 reasons that the stock markets must go down is here. The U.S. Economy was wired for implosion last summer (my thread) . . .

    [ame="http://www.youtube.com/watch?v=LD06SAf0p9A"]. . . Just Like WTC-7 . . .[/ame]

    . . . but the demolition is taking place in s.l.o.w. . . m.o.t.i.o.n . . .

    Click here for ideas on how to prepare for the Coming Economic Collapse 2009.

    GL,

    Terral
     
    Last edited: May 25, 2009
  2. auditor0007
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    auditor0007 Gold Member

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    I don't buy into the doom and gloom of a completely collapsing market, nor do I buy into the idea that we are beginning to see a new bull market. No matter what happens in the credit markets, we still have 20 million vacant homes. Those will begin to sell, but there will not be a need for new housing start ups for quite some time, which means employment isn't going to get much better anytime soon. Housing drives our employment, and until we find more people to buy all these vacant homes, the economy is going to stagnate. It's not likely to get much worse, although it will some, but it certainly won't be getting much better either.
     
  3. WillowTree
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    WillowTree Diamond Member

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    well,, when ya know the government is going to force you to take 29 cents on every dollar you invest what the hell do ya expect? except implosion??
     
  4. wimpy77
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    wimpy77 Member

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    you have hit the nail on the head. homes need to sell so new housing starts can rise and you are also correct the unemployment rates will stay elevated for i think a couple of years.
     
  5. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    This is where Terral and I actually agree on something, though not to the extent he does.

    Yes, the economy is slowing down and will remain slow due to government spending and a silly emphasis on "Green Jobs" that will amount to nothing more than more government subsidies and spending. Our economy runs on oil. Period. Chicken Feed (Ethanol) or Windmills are not suitable replacements either. Face it, we need Oil and Nuclear Power.

    The Fed printing all that money then putting it on a credit card for our future generations to pay off will be a boat anchor for sure, but nothing a resurgent U.S. Economy won't pay off in the long term. The American economy is capable of incredible growth, but is being bogged down by those who believe in "Green Jobs" and the Global Warming Anti-Capitalists themselves. Many of whom are on this board.

    So what does the Government need to do? Cut taxes and Federal spending. Seeing as how Obama and his ilk will never do that, we must elect true conservative candidates (Not Republican RINOs) to all levels of government from your local City to the Federal level.

    What happened recently in California with the tax initiatives being voted down, needs to happen nation wide. Tea Parties started it, and now a huge tax revolt has to happen nation wide if people want to see our economy healthy again.

    The recent government bailouts are all you need to know about what the government will do to us and our economy.
     
  6. Paulie
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    Paulie Platinum Member

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    Terral, when you have the power to print money endlessly, how exactly does the economy "implode"? The rest of the world is forced to take our dollars. What is the alternative? The Renminbi? As much as I think that's a currency worth investing in, in the coming months and even years, China is not ready to handle the job of issuing the world's reserve currency. So either you think there will be a new currency that is established as a single world currency, or you're just flat out wrong about all of this.

    We can never theoretically default on our debts, because we can simply print money to cover them. So either someone invades us, defeats our military, occupies us, and changes the whole game, or you're wrong. Or somehow the new world order comes to fruition and we have a single currency for the whole world. Although, I think there's still quite a lot of work to do on the part of the elites before they're capable of pulling that off.

    I'm amazed that guys like you who know the media is corrupt can manage to find little nuances in it that you think actually help your cause.

    As much as I respect Schiff too btw, he was wrong about the Dollar this last time around. He'll be right about it THIS time, but who ISN'T? I mean, inflation is ON THE WAY. It's a no-brainer to be getting out of the USD sooner rather than later.

    We have the power (albeit illegally) to endlessly print the world's reserve currency. That fact ALONE will always be a roadblock to the end of the world doomsdayers beliefs coming to actual fruition.

    If you think there's really an end-game that's going to do us all in, then we just have to wait and see what transpires. I certainly won't be surpised if it happens, believe it or not.
     
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  7. wimpy77
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    wimpy77 Member

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    if you see the dollars action last week after bill gross went proclaiming that the s&p will cut our AAA rating, when he opened his mouth that turned the markets. it may happen but i don't think for a while. like paulie said we have the ability to print money until the cows come home.

    obtw mad scientist the fed doesn't print money the treasury does.


    i like your morphing of the pic paulie...any reason behind it?
     
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    Last edited: May 24, 2009
  8. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    True. I stand corrected!
     
  9. Terral
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    Terral Terral Corp CEO

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    Hi Auditor with Wimpy mentioned:

    So what? Auditor can believe in Santa Claus and the Easter Bunny, but I believe Jeff Mackey, Jim Rogers, Peter Schiff, Gerald Celente and Lyndon LaRouche from the Opening Post all pointing to the Coming U.S./Global Economic/Stock Market Collapse/Implosion. Lyndon LaRouche addresses the Imminent Hyperinflation Threat in a short 5-minute video here:

    [ame="http://www.youtube.com/watch?v=nIAslqgqR64"]LaRouche Addresses Imminent Hyperinflation Threat.[/ame]

    If Auditor has ANYBODY of reputation to support his ‘beliefs,’ then please include that evidentiary support in your next thoughtful reply. Boasting about what Auditor ‘does not buy’ is more evidence that someone has his head buried in the sand (pic and pic) and nothing more . . .

    Lyndon LaRouche just explained how the ‘Letter Of Credit’ market has already collapsed! He is looking at the ‘driver of the crisis’ from the Financial Derivatives ‘top down’ Sector where the DEBT is measured in quadrillions of dollars (story and story)!!! We are talking about DEBT, as of December 2007, that measures almost $200,000.00 for every person on this planet! Compare the numbers between the advertised National Debt ‘and’ The Truth about the real USA National Debt here and prepare to be shocked. A good article on “The Coming Collapse” is here. Your 20 million empty homes are a symptom of rising Unemployment (Point #1), rising home Foreclosures (Point #2) rising Bankruptcy filings (Point #4) and ‘Demand Destruction’ (Point #6) from my recent post to Wimpy here. Again, if Auditor has ANY EVIDENCE to support the hypothesis and conclusion that the U.S. Stock Market and the U.S. Economy ‘Fundamentals’ will ever improve (other than this), then include that information in your next reply. Otherwise, you appear to be ‘talking the markets up’ with “I believe” testimony amounting to nothing more than wishful thinking . . .

    I thought Auditor did not buy into the doom and gloom scenarios explained by my OP financial trend forecasting experts. Here is a little reality check from a guy who has worked construction most of his life like my father and his father (#3): Three years ago our masonry company was completing a new house every other day for contractors we had worked with for a decade. Our company had a commercial division, a residential division and a room addition division that supported about two dozen employees. However, today we are down to the company owner, one mason and one laborer and have not built a single house in the past two years. The masonry company I worked with during the 1970’s and early 1980’s (where my brothers work today) had 350+ employees (including subs) three years ago and specialized in large commercial construction. However, today that company is down to fewer than twenty employees (mostly foremen) who have all been there for twenty+ years. A few unscrupulous contractors have hired more than their fair share of Illegal Alien Foreign Nationals and have lowered prices to levels FAR BELOW what real contractors (with all the overhead) can charge, so companies hiring real Americans end up with no work and more U.S. Citizens go into the unemployment line in lieu of foreclosure and bankruptcy, etc., etc..

    Again, I thought Auditor did not buy into the doom and gloom conclusions of myself and my OP Financial Experts all pointing to the Coming Economic/Stock Market Collapse! Finding more people is not going to save one job and stop Corporate Elites from Outsourcing more JOBS overseas.



    [ame="http://www.youtube.com/watch?v=CMKlMrwc6AA"]YouTube - Elevator Ad (Americans Fired, Foreign Workers Hired)[/ame]



    The Govt continues to import 1.5 MILLION Foreign Nationals EVERY YEAR through the overuse of 23 Guest Worker Programs, which destroys the Consumer Base and eliminates the possibility of simply ‘finding people’ (stop being ridiculous) to buy all of these vacant homes. We have massive unemployment going UP and the number of vacant homes going UP ‘and’ homelessness for U.S. Citizens going UP at the very same time (my recent post).

    [ame="http://www.youtube.com/watch?v=jaBLyTPNeVs"]Tent City Blues . . .[/ame]



    In other words, the Auditor cannot make up his mind one way or the other ‘and’ has no evidence to support any claims for anything related to the stock market or the U.S. Economy and the coming COLLAPSE. Period. What makes the Auditor believe for one second that the Fundamentals of the U.S. Economy are “not likely to get much worse”???? You can come out here and make your mouth say anything using unsupported “I believe” testimony that says much more about the Auditor than anything to do with this “Coming Economic Collapse” that Jeff Mackey is trying to explain to Dennis using simple terms, as if he is a child. Jeff Mackey is using the ‘automakers’ angle (Point #3 here) to try and help Dennis to ‘see the Light,’ but the CNBC commentator/reporter also has his head buried so far in the sand (like you) that nobody can help him.

    GL,

    Terral
     
    Last edited: May 25, 2009
  10. Terral
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    Terral Terral Corp CEO

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    Hi Wimpy with the Auditor mentioned:

    The Auditor has hit nothing with his unsupported “I believe” testimony in Post #2. If Wimpy has ANY financial expert (like you see in the OP) with evidence that U.S. Stock Market/Economy Fundamentals will EVER improve, then please paste that information to this thread in your next thoughtful reply. Neither of you guys have bothered to address one point in the Opening Post, because you have nothing to support any case for anything at all :)confused: = as usual). Agreeing with the Auditor that unemployment rates will stay elevated :)cuckoo: = you guys are funny) actually supports the OP hypothesis that the stock markets and the U.S. Economy in general are IMPLODING.

    [ame="http://www.youtube.com/watch?v=EWFLfzbZQFI"]Wimpy And Auditor = Dennis + Terral = Jeff[/ame]

    Just put your fat behinds in Dennis’ chair and try to understand what Jeff Mackey is saying using language fit for a child ‘and’ perhaps something will sink in to show you guys “the Light” . . .

    Just say, “Yeah” and nod (like bobble head stooges) . . . and pretend you have some idea about what Jeff is talking about . . .

    GL,

    Terral
     
    Last edited: May 25, 2009

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