Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Municipal Bond Market Crash 2011: Will Dozens Of State And Local Governments Default On Their Debts?
The Economic Collapse ^ | 12/22/2010 | Michael Snyder

Posted on 12/23/2010 3:45:02 PM PST by SeekAndFind

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-33 last
To: RobRoy

> “Hence my comments, when people say the economy is on a slow improvement cycle, I say that we are in the eye of the storm.”

.
I’d say we’re standing at the top of a cliff looking over the edge, with a strong gale blowing at our backs...
.


21 posted on 12/23/2010 5:42:34 PM PST by editor-surveyor (Obamacare is America's kristallnacht !!)
[ Post Reply | Private Reply | To 2 | View Replies]

To: CommieCutter

Does he EVER come to any point. I watched and listened for several minutes of him rambling on and on and on and on and on and on, setting something up. I don’t have hours for him to get to the point.

Can you please sum up this windbag?

Thank you.


22 posted on 12/23/2010 6:26:31 PM PST by Freedom_Is_Not_Free (We be Fooked.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Freedom_Is_Not_Free

The video is basically a 76 minute pitch for subscribing to his newsletter. It contains lots of worry but no real information.


23 posted on 12/23/2010 6:58:39 PM PST by AustinBill (consequence is what makes our choices real)
[ Post Reply | Private Reply | To 22 | View Replies]

To: Freedom_Is_Not_Free

Basically he’s trying to get you to subscribe to his newsletter (surprise!).

He discusses ways to protect your wealth, which I’m not sure how that’s done during hyper inflation, other than hoarding a bunch of Silver and Gold; he also suggests loading up on 6 months of food and supplies.

Same stuff you’ve heard on Beck (if you listen to him). He just seems to lay it out a little better in regards to the possibility of it actually happening.

He throws in some good history on there about Great Britain in the early 1970’s and how they had something similar happen to them which is about to happen to us (He claims).

If everything I’ve said sounds already familiar to you, then it’s probably more of the same. If you never have heard this before maybe you should watch the video when you have more time.


24 posted on 12/23/2010 10:23:15 PM PST by CommieCutter (A Centrist Democrat is now defined as: between Socialism and Communism.)
[ Post Reply | Private Reply | To 22 | View Replies]

To: AustinBill; Freedom_Is_Not_Free

...it’s a newsletter pitch, I don’t know about the “no real information” part.


25 posted on 12/23/2010 10:25:23 PM PST by CommieCutter (A Centrist Democrat is now defined as: between Socialism and Communism.)
[ Post Reply | Private Reply | To 23 | View Replies]

To: CommieCutter

Can you please sum up the real information for me? Cliffs notes? Thank you.


26 posted on 12/24/2010 6:01:37 AM PST by Freedom_Is_Not_Free (We be Fooked.)
[ Post Reply | Private Reply | To 25 | View Replies]

To: CommieCutter

Oh, OK, you did sum it up. Thanks.


27 posted on 12/24/2010 6:03:21 AM PST by Freedom_Is_Not_Free (We be Fooked.)
[ Post Reply | Private Reply | To 24 | View Replies]

To: semantic

Many years in the making. Done by design.
America will become the unspoiled frontier it once was. Thats why they have stopped drilling and mining and the feds have been taking over all the land, fencing it off.

Its on paper what they plan to do, agenda 21 is a big one.
kill off all the useless eaters so the elite will live in a better world.

Just one big problem
The Creator of all things will cut the days short and put an end to Satan, the prince of the Earth


28 posted on 12/24/2010 6:20:23 AM PST by winodog
[ Post Reply | Private Reply | To 7 | View Replies]

To: Freedom_Is_Not_Free

Yeah. It explains very thoroughly that we are in the process of no longer becoming the world’s reserve currency. It explains how oil is traded in dollars, how other countries around the world are no longer wanting to trade in dollars but a basket of currencies and gold.

It explains how we are able to get away with printing money the way we do—because, again, we’re the world’s reserve currency. This is changing right before our eyes and he sites examples of it happening already; sites historical examples like Great Britain, and other countries.

Most of the information circles around the general theme above.
I wouldn’t say it’s “not real” information; just NOT NEW information depending on who you are, and what you know/don’t know.


29 posted on 12/24/2010 6:27:40 AM PST by CommieCutter (A Centrist Democrat is now defined as: between Socialism and Communism.)
[ Post Reply | Private Reply | To 26 | View Replies]

To: CommieCutter; Freedom_Is_Not_Free

*cites

That’s embarrassing.


30 posted on 12/24/2010 6:31:13 AM PST by CommieCutter (A Centrist Democrat is now defined as: between Socialism and Communism.)
[ Post Reply | Private Reply | To 29 | View Replies]

To: I am Richard Brandon
As my now late parents drifted into old age compounded by dementia, I took the reins....they were old-school invested in "rock solid" stuff such as munis, with corporate bonds issued by the likes of GM, Ford, GE, banks, etc.

I got really goosy seeing the numbers go up and down with each monthly statement, so I literally put them into an all-cash situation just three months before the meltdown. Had I not done this, they would have died stone broke.

31 posted on 12/24/2010 6:36:01 AM PST by ErnBatavia (It's not the Obama Administration....it's the "Obama Regime".)
[ Post Reply | Private Reply | To 6 | View Replies]

To: CommieCutter

OK thanks for his summation. So he concludes that the dollar will lose reserve currency status. OK, that is not unimaginable. I think it is a hard sell, since I don’t know what is stable enough to replace it.

Yes, I hear of this “basket” of currencies, but as they fluctuate, you will have a constantly changing basket weighted differently all the time. Perhaps people think this will cause greater stability being the average of currencies, but I don’t see it. But then, I’m not all that smart.

Thanks for the summary.


32 posted on 12/24/2010 12:04:04 PM PST by Freedom_Is_Not_Free (We be Fooked.)
[ Post Reply | Private Reply | To 29 | View Replies]

To: Freedom_Is_Not_Free

Well...I hope he’s entirely wrong because if he’s right I’m the exact type of person that will get screwed from an event such as this.


33 posted on 12/24/2010 8:08:18 PM PST by CommieCutter (A Centrist Democrat is now defined as: between Socialism and Communism.)
[ Post Reply | Private Reply | To 32 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-33 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson