Future's not looking too rosey. Something tells me they're not going to let that happen. We'll all be doing the Sarajevo Shuffle if we don't stop the damage now.
Posted on 04/22/2010 3:44:19 PM PDT by Fred
Current economic policies are not sustainable and the world faces doom because "the governments are taking over", said Marc Faber, editor & publisher of The Gloom, Boom & Doom Report.
"They will all bankrupt us and expropriate us, but it may not happen tomorrow. They'll give us something to play with, until the whole system breaks down...they'll just print money and print more money," he said on CNBC Thursday.
(Excerpt) Read more at cnbc.com ...
The government is growing like an out of control cancer.
“They will all bankrupt us and expropriate us, but it may not happen tomorrow. They’ll give us something to play with, until the whole system breaks down...they’ll just print money and print more money,”
That’s the idea Mr. Faber.
Instead of a wallet, citizens will require wheel barrows filled with debased cash to go shopping.
People need to understand how much government costs them. (unless they are on the take and then we need to wonder why those on the take get to influence how much money we should give them)
ML/NJ
The sooner the better IMO!! When this bunch of creeps fall flat on there faces we can remove them and pick up the pieces!!
Heh, not sure who had control of this article. After all, NBC has control over this network. Maybe they have lost it since the results are so detrimental to their health that they have given up.
Oh well, really surprised that they would even allow such a negative report. But, since they have and it is true, let me say that anyone who invests in the mortgage market are stupid and those that invest in the stock market are cautious and looking to retrieve their money at a moments notice.
So, the market is looking up (according to the White House analysts). Well, not me - I prefer a more cautious approach and will wait and watch - and things are not looking all that great. If I listened to the CNBC (Pro-Obama folks), I would lose all my investments... They are so pro-growth investment - hell with the small investor, all big business types that will make money.
The unfortunate fact is that most investment is made by the small investor (Retail investor - they like to call us), and still they attempt to draw us into the market regardless of the future. Well, I am really tired of their rhetoric and will invest only when I determine that the chances are decent... Their deceit is falling on deaf ears.
Not sure why I even watch anymore...
Chicken little analogies were cute & handy for disparaging those who worried about a dire future given the direction of the economy over the past 50 years, but I don’t know how any rational person today wouldn’t believe that the sky truly is falling.
A post "Obama stash" world?
“A government big enough to give you everything you want is capable of taking away everything you have.” - Someone
(Caption for pic: “We demand to see your Obamacare cards. (There’s a nine million dollar fine if you don’t carry them).”
Wheel barrows aren't very green, how about printing 1 trillion dollar bills?
*
You have no concept with whom you are dealing. These are Marxists. The destruction of Capitalism is their plan. They are the ones who will be picking up the pieces, not us. We must stop them now before they destroy everything. Support and join the Tea Party Movement. Stopping this is what they are all about.
What are you talking about? Our currency in on fire.
Starting with Bush Jr’s “Floating” of the Dollar Americans lost 60% of their actual wealth vs other nations.. The Banksters and Mortgage Companies just ripped off more than half of the remaining 40%. Leaving a majority of middle class Americans who own homes and savings with less than 20% of their actual worth less than 8 years ago..
Open your wallet..take out a $100 bill.. in reality today from less than 8 years ago.. it is worth $20 when compared to a basket of international currencies.
The American people have been robbed and you speak of “Chicken Little”?
Oh Please.
W
You missed my point completely.
Must have...
W
Your right.. Mea Culpa..
W
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