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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: orkrious who wrote (99875)11/24/2008 9:05:33 PM
From: TH2 Recommendations  Read Replies (1) of 110194
 
Ork,

Wow, and I thought I was a bear. I had been projecting the riots for 2011 since 04/05. I figured it would be the year before the election year. This guys track record is much better than mine, so I'll work with 2012.

A friend is trying to obtain his green card to remain in America. I don't know much about this process, but I asked him if he would have to ever give up his Germany citizenship. He does not, which is positive. I bet him that he and his wife may not actually want to be here in another 2 or 3 years. He of course does not believe what I told him I think is coming, but that is expected. Very few people are really aware of what is coming down the pipe when the experiment called <American Excess and Debt> actually implodes and can't be reprimed for the next round.

I can think of a half dozen cities I sure don't want to live in when it happens, with LA at the top of that list.

I hope all the bears are wrong about the worst-case predictions, but I fear they are not. I fear it may be worse than even the uber-bears expect.

GT
TH
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