1 posted on
12/01/2011 8:22:34 AM PST by
blam
To: blam
Ludwig von Mises could have told anyone this a long time ago, but none of the geniuses who learn economics at Harvard and Yale nowadays want to listen to anything he said.
2 posted on
12/01/2011 8:30:16 AM PST by
jpl
(The government spent another half a million bucks in the time it just took you to read this tagline.)
To: blam
The man is correct... and there is not one person alive that can stop the world wide collapse that is coming. What we had better do is admit that our leaders have screwed up everything that came before them... and we need to start to rebuild NOW!
LLS
4 posted on
12/01/2011 8:40:35 AM PST by
LibLieSlayer
("Americans are hungry to feel once again a sense of mission and greatness." Ronaldo Magnus)
To: blam
Why havent more people asked the following:?
The Fed has "lent" 7.77 Trillion to various global entities. Where did that money come from? That is 2x the entire Chinese enconomy. The Fed has that much capital available to loan???.
17 posted on
12/01/2011 9:34:25 AM PST by
blasater1960
(Deut 30, Psalm 111...the Torah and the Law, is attainable past, present and forever.)
To: blam
18 posted on
12/01/2011 9:35:59 AM PST by
Stentor
("All cults of personality start out as high drama and end up as low comedy.")
To: blam
"There is no savior large enough with a magical pool of capital to stafe off this unfortunate conclusion to the global debt super cycle." I thought he meant "stave," but after reading the definition of "stafe," he may have chosen a better word:
Stafe
1. A revolting state of Vegan zombification
2. Used to describe one who is (or looks like) a zombie who has been around for countless milleniums.
To: blam
"There is no savior large enough with a magical pool of capital to stafe off this unfortunate conclusion to the global debt super cycle."I thought he meant "stave," but after reading the definition of "stafe," he may have chosen a better word:
Stafe
1. A revolting state of Vegan zombification
2. Used to describe one who is (or looks like) a zombie who has been around for countless milleniums.
To: blam
Kyle Bass was prominently featured in the CNBC documentary "A House of Cards". His hedge fund made something like 600% on bets against subprime loans. He did the research that Moody's/S&P/Fitch failed to do.
IMHO, the man knows what he's talking about.
38 posted on
12/01/2011 10:41:20 AM PST by
Night Hides Not
(My dream ticket for 2012 is John Galt & Dagny Taggart!)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson