This fella from a radical investment firm is forecasting total financial meltdown in the States. He also predicted the credit crunch and the failure of Fannie Mae and Freddie Mac long before it happened. Just for interest sake, so don't shoot the messenger http://www.stansberryresearch.com/p...?o=266863&s=269611&u=52503064&l=215247&r=Milo
Our deficit is bigger than theirs in terms of GDP. So if they're ****ed then we're ROYALLY ****ed. End of.
yeah, well, that was the sort of reason I posted the link whether he's right I dunno but if he is... then we will be even more ****ed than we already are
But the whole Western world is in the same boat. It's a type of political scaremongering, the video is totally fearful of taking money out of the hands of the rich. At lot of the video is slagging socialism in the UK. Without which we wouldn't have an NHS. We went through a bad time but so did a lot of European countries post WW2. Where did you get that right-wing Pro-US pap anyway?
Such talk is normally released by speculators. They put the ****e up the world by saying its fecked, and then speculate intelligently on currency fluctuations and make a mint on the currency exchanges. It's hardly new.
oh it was just a link given in a Newsletter It dont mean I agree with what he says at all will be interested to see if any of what he predicts comes true, especially with regards to the future of the USD
Spot on BH As if I'm going to take the word of an American investment company clearly running ****e scared the Chinks will force them to make oil prices fair. The ONLY reason petrol prices are so high is because of the Yanks. **** them and their self-serving economy.
Expect the price per ounce of gold to continue rocketing, etc. It's easy money for any speculator worth his salt.
Does anyone remeber George Soros? The guy was an absolute genius. Made millions on currency fluctuations.
Spot on BH As if I'm going to take the word of an American investment company clearly running ****e scared the Chinks will force them to make oil prices fair. The ONLY reason petrol prices are so high is because of the Yanks. **** them and their self-serving economy. No bother, it's pretty interesting but as BH says it's not new. I had to turn it off because it was so slanted towards one viewpoint.
The West is ****ed. Asia will be where it's at for the next couple of Centuries. Socialism is ****e. YOU get taxed to the hilt and for what? To pay for the White elephant that is the NHS? That's the most corrupt organisation in Europe, believe me China knows what it's doing by undervaluing it's currency. It'll wait 5 years tops before making it's move and swallowing the rest of the worlds economies than start to conduct what the rest of us do. Debt will force the Euro down. Debt will **** the US. China has no debt in real term and is buying commodities like there is no tomorrow. It owns huge parts of South America which it uses to dig for copper, coal, you name it. Bow to the small yellow men, they are our masters (as predicted in the bible!)
oh yeah I know what you mean cant stand the whole speculation **** up anyway but I do like predictions and finding out later if they were anywhere near being accurate
