Forum Post: Economist warns: unthinkable to happen. Shocking poll results
Posted 13 years ago on Oct. 25, 2011, 11:49 a.m. EST by msantos
(131)
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The Unthinkable Is Poised to Happen, Economist Warns Wednesday, 17 Aug 2011 02:07 PM By Katrina Turner
http://www.moneynews.com/StreetTalk/aftershock-financial-wiedemer-economy/2011/08/17/id/407695
No, actually I didn't.
You do know that it's a commercial, right?
No, actually I didn't. I stumbled upon it on a money news web site.
Yup this guy is somewhat correct in his predictions. it is happening in slow motion look at gold and USDX. You can see Greece that is just the beginning Europe and the USA are to follow.
It is unfortunately so.
Ya kinda crazy ... You have to look at a usdx chart of 20 years or longer to really notice the trend. Then compare with gold. looks like gold lagged so 10 year chart is scary. I think when unemployment is officially 16% and unofficially higher as is the case now people are going to start to panic. I m surprised at how many people are in denial. how the dollar became the worlds reserve currency and the tricky dick ... Oh
So what is his advise to avoid the bad times?
No way to avoid ... This will most likly turn chaotic ... Food, transport, guns, gold and silver ... Just go check preper videos poping up on YouTube ... You think gun sales are up for no reason... Look at Greece this is the first example we will all face austerity till somebody stands up against the debt currency system. As the economy slows we will come to a point where we can't even pay the interest on the national debt. Most likly they will continue with inflation to pay debts ... Weimar republic style ... It is happening now in slow motion ... Also when they point to the stockmart being up usually the dollar usdx is down ... It's illusion
Yeah, people need to wake up.
Yeah, you start to doubt it but he definitely did make a few good points.
This is a website flogging a product. Panic Spam, IOW.
You may have a point, not enough Americans " get it " yet.