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Real Crash Coming


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#1 Ro-bear

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Posted 11 July 2012 - 03:39 PM

http://www.moneynews...OMO_CODE=F355-1
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#2 antix

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Posted 11 July 2012 - 03:46 PM

http://www.moneynews...OMO_CODE=F355-1


I love Peter Schiff. He has been pretty good on predicting things. It is just hard to predict exactly when. But we are printing up way too much money and producing basically nothing.
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#3 Noggy

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Posted 11 July 2012 - 04:05 PM

If free markets are better for big corporations, then why don't all the big corporations support Ron Paul?
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#4 Noggy

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Posted 11 July 2012 - 04:06 PM

Oh, and Ro-Bear, when did you become BO ?!
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"Most of the luxuries and many of the so-called comforts of life are not only not indispensable, but positive hindrances to the elevation of mankind."

#5 antix

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Posted 11 July 2012 - 04:54 PM

If free markets are better for big corporations, then why don't all the big corporations support Ron Paul?


There is no free market. there have been natural substances that show positive effects in cancer and the FDA makes them illegal, there are alternatives energies that have worked, but regulations prevent them. It is all about control and the govt is in the pockets of big business
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#6 Ouroboros

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Posted 11 July 2012 - 05:27 PM

It can't be true. Schiff said it on Fox Business. Anything from Fox is a lie. We all know that.

Damn y'all doomsdaysayers! :vent:
Jabbrwokk QFT:



And behold, one came who in the form of a demon holding a beer, and he spake with a tongue of red. And when he spake, he said bye bye, and all listened, and watched as he smote the babbling troll with his +5 banhammer of fedupishness. And there was much rejoicing.



Book of Hans 3:16

#7 Rank Stranger

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Posted 11 July 2012 - 07:38 PM

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"In a closed society where everybody's guilty, the only crime is getting caught. In a world of thieves, the only final sin is stupidity."                   -Hunter S. Thompson


#8 Vigile

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Posted 11 July 2012 - 10:54 PM

Permabear Index Produces Big Gains

http://www.thestreet...-big-gains.html

Whenever media members feel pessimistic about the market, they write articles that cite permabears or they produce TV shows and invite Roubini. This, in turn, affects investors' psychology and starts a chain reaction that leads to lower stock market returns in the following week or two.

Here is how we constructed this brilliant index: In addition to Nouriel Roubini, we included the other big permabears: Peter Schiff, Marc Faber and Nassim Taleb.
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#9 Xerces

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Posted 12 July 2012 - 02:44 PM

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#10 Ro-bear

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Posted 12 July 2012 - 02:51 PM

Oh, and Ro-Bear, when did you become BO ?!


Well, I can only aspire to such heights.

The fact is that I saw the article and thought I would save our friend the trouble by posting it myself. Besides, taking on someone else's persona is fun and less likely to get you arrested than sneaking into their homes and trying on their clothes, which was my first choice.

BTW, what are your sizes, B.O.? Just curious.
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I wanted to ask God for a bike, but I knew God didn't work that way. So I stole a bike and asked God for forgiveness.

#11 Burnedout

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Posted 12 July 2012 - 08:39 PM

Ro-bear....why don't you post something that you agree with and take the hits. Just shows there is a lack of cajones still......;)
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Pinochet did it right!

#12 Onyx

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Posted 12 July 2012 - 09:01 PM

I wish somebody could do something about that damned Libor scandal. 800 trillion dollars! Even if you support the banksters and the vulture businesses, that would be a step too far...
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#13 Blue elephant

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Posted 13 July 2012 - 05:32 AM

Hey Onyx

How is the economy travelling in New Zealand? Maybe I'm naive, but I thought it might be like Australia - a bit depressed, but in a way that has been seen over the last few business cycles.
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#14 Burnedout

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Posted 13 July 2012 - 10:08 AM

Oh..Ro-bear, Your buddy Warren Buffett appears to be starting to come around to what I have been saying....

http://www.politico....0712/78448.html
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Pinochet did it right!

#15 Vigile

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Posted 13 July 2012 - 10:17 AM

You really are deluded. A slowing economy and heading for a 90% price decline, crash, or whatever wild-eyed prediction you make each week are not even in the same ball park.

There, was that direct enough for you, or am I still being passive aggressive?
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It is lamentable, that to be a good patriot one must become the enemy of the rest of mankind.
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#16 Burnedout

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Posted 13 July 2012 - 10:36 AM

You really are deluded. A slowing economy and heading for a 90% price decline, crash, or whatever wild-eyed prediction you make each week are not even in the same ball park.

There, was that direct enough for you, or am I still being passive aggressive?


He was saying just earlier this year that the economy was recovering when it appears he was wrong as he has moved off that position and folks on here were telling me it wasn't getting worse...maybe not in direct words but that was the strong implicitation.....That's all I'm saying.
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Pinochet did it right!

#17 Ro-bear

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Posted 13 July 2012 - 11:31 AM

Oh..Ro-bear, Your buddy Warren Buffett appears to be starting to come around to what I have been saying....

http://www.politico....0712/78448.html


Oh my, I am so frightened now! Warren Buffet is never wrong.

Seriously, B.O., there is no way you can get my goat today. I'm heading to Isle of Palms tomorrow, and all I can see are blue skies. Besides, the atmosphere here at Ex-C has been so dramatically less contentious the last few days, I'm just going to savor it instead of stirring things up. I'll just say what I always say, that things could be better but they could also be a lot worse, and I don't see any big event on the horizon. If you want to keep up the doomsday drumbeat, you'll have about a week to do it with no interference from me. Posted Image
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I wanted to ask God for a bike, but I knew God didn't work that way. So I stole a bike and asked God for forgiveness.

#18 Vigile

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Posted 13 July 2012 - 11:51 AM

Oh my, I am so frightened now! Warren Buffet is never wrong.


Actually, Buffet is saying what pretty much most experts are saying at this time. China is slowing, Europe still has serious problems and US growth is in jeopardy. I don't think it spells disaster like the permabears are calling for, but there are some hurdles here that are likely going to force the hand of the Fed to push through qe3.
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#19 Burnedout

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Posted 13 July 2012 - 11:56 AM


Oh..Ro-bear, Your buddy Warren Buffett appears to be starting to come around to what I have been saying....

http://www.politico....0712/78448.html


Oh my, I am so frightened now! Warren Buffet is never wrong.

Seriously, B.O., there is no way you can get my goat today. I'm heading to Isle of Palms tomorrow, and all I can see are blue skies. Besides, the atmosphere here at Ex-C has been so dramatically less contentious the last few days, I'm just going to savor it instead of stirring things up. I'll just say what I always say, that things could be better but they could also be a lot worse, and I don't see any big event on the horizon. If you want to keep up the doomsday drumbeat, you'll have about a week to do it with no interference from me. Posted Image


I would tell you to pull my thumb...but I will wish you a nice vacation trip instead....:)
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Pinochet did it right!

#20 Ro-bear

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Posted 13 July 2012 - 12:51 PM

I would tell you to pull my thumb...but I will wish you a nice vacation trip instead....Posted Image


And I will raise a glass to you at Dunleavy's Pub. Posted Image
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I wanted to ask God for a bike, but I knew God didn't work that way. So I stole a bike and asked God for forgiveness.




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