The bears are gleeful today

[QuickHitCurepon]

Billionaire Tells Americans to Prepare For ?Financial Ruin? | the real news journal

Billionaire Tells Americans to Prepare For “Financial Ruin”

Despite the 6.5% stock market rally over the last three months, a handful of billionaires are quietly dumping their American stocks . . . and fast. It starts with the reckless strategy of the Federal Reserve to print a massive amount of money out of thin air in an attempt to stimulate the economy. - See more at: Billionaire Tells Americans to Prepare For ?Financial Ruin? | the real news journal

He must know something. Will this create a panic on Wall Street?

 

[editec]

Where is the runaway inflation, Quick?

 

[martybegan]

Billionaire Tells Americans to Prepare For ?Financial Ruin? | the real news journal

Billionaire Tells Americans to Prepare For “Financial Ruin”

Despite the 6.5% stock market rally over the last three months, a handful of billionaires are quietly dumping their American stocks . . . and fast. It starts with the reckless strategy of the Federal Reserve to print a massive amount of money out of thin air in an attempt to stimulate the economy. - See more at: Billionaire Tells Americans to Prepare For ?Financial Ruin? | the real news journal

He must know something. Will this create a panic on Wall Street?

What do large hairy gay men have to do with the stock market?

/joke

 

[QuickHitCurepon]

Where is the runaway inflation, Quick?

Only if we were to devalue the dollar would that happen again. There is no sign of it now.

 

[jwoodie]

Where is the runaway inflation, Quick?

Only if we were to devalue the dollar would that happen again. There is no sign of it now.

So we can keep borrowing our way to prosperity indefinitely?

 

[QuickHitCurepon]

Where is the runaway inflation, Quick?

Only if we were to devalue the dollar would that happen again. There is no sign of it now.

So we can keep borrowing our way to prosperity indefinitely?

I may be only one a few that believe that the government plans to default on its debt by baiting China into a war or getting into a war with them over Taiwan, Vietnam, Iran, Syria, etc.

We'll have the moral high ground then, and China wouldn't be able to protest. At the same time, the pride of fighting a "crucial" war will motivate Americans to produce whatever goods we need at home.

If not that, nor a devaluation, the value of products now is approximately one thousand times higher than the last time we had hyper-inflation under Carter. That means the figure of the National Debt is also far less important than it was 30 years ago. As long as we have so many goodies and gadgets to occupy the country, shelling out vast amounts of interest IMO won't honestly bother anyone.

 

[SteadyMercury]

lol "Welcome to Newsmax's Aftershock Survival Summit" I love it.

Related:

http://www.csmonitor.com/Business/T.../Don-t-fall-victim-to-economic-scaremongering

 

[Moonglow]

This story has been circulating since Oblama was elected.

 

[Snouter]

The Wall Streeters don't predict, they manipulate. Listening to any Wall Streeter, MSNBC or jewish hedge fund operators, or newsletter publishers will lose you money. Stock market manipulation has been big business since it was first installed. I can't believe FOX still have GOLD commercials. Are there really folks who buy GOLD thinking they will purchase goods and services with it after an apocalypse?

 

[CrusaderFrank]

"How bad do you think it's gonna be?"

"Pretty goddam bad. Probably all the other Families will line up against us. That's all right. These things gotta happen every five years or so, ten years. Helps to get rid of the bad blood. Been ten years since the last one. You know, you gotta stop them at the beginning. Like they should have stopped Hitler at Munich, they should never let him get away with that, they was just asking for trouble."