Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (27390)	3/12/2010 1:09:46 PM
From: DebtBomb	Read Replies (3) \| Respond to of 71456

Faber and Mish: We're Doomed and Washington Can't Do Anything About It Washington is patting itself on the back for having orchestrated an amazing economic recovery. But Washington lawmakers are a delusional bunch of boneheads, say Marc Faber and Mike "Mish" Shedlock, editor of the Gloom, Boom, and Doom Report and investment advisor at SitkaPacific Capital Management, respectively. The economy is NOT recovering, they say, and the U.S. faces a depressing "eventuality" of either crushing deflation (Shedlock) or runaway inflation (Faber). The timing and type of this eventuality is uncertain, say the gurus, but they are certain it's too late for America to change course. "It's beyond repair -- it's too late," to avert fiscal disaster, Faber declares. "The day of reckoning has arrived. The question is how long it takes to play out." This grim outlook doesn't mean you're helpless. Faber recommends individuals prepare for doomsday by buying gold, owning assets abroad and buying property outside of major cities. finance.yahoo.com

To: Real Man who wrote (27390)	3/12/2010 8:28:13 PM
From: Skeeter Bug	1 Recommendation Read Replies (3) \| Respond to of 71456

the moneyed elite (that run the international banking cartel - including the fed) control the money. the government is powerless when it comes to money - and they do the bidding of the moneyed elite, anyway. the operative question is... what policy benefits the moneyed elite the most? i'd say deflation now that they are sitting on trillions in clownbucks (sure, i'll buy that nice apartment for 10 cents on the dollar, bubbah), except i don't know what kind of secret derivatives they have going on and how that drives the needs of big money.