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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: ChinuSFO who wrote (104033)11/9/2011 9:19:15 PM
From: RetiredNow  Read Replies (1) | Respond to of 149317
 
Do you have a link? I'd like to hear the context of it.

Frankly, Chinu, I've stopped reading and listening to all these candidates. I'm about 99% convinced we're headed to another financial crisis in the next 12 months that will make 2008 look like a cakewalk. Politics and whoever we elect is all irrelevant now. The debt burden, the inability to pay by the folks who owe that debt, and all the derivatives that amplify the impact of all that debt as it starts to be defaulted on, is going to blow this financial system apart. I don't see anything stopping this train now.

So we can all debate and cast our votes, but none of this will change what is coming now. As I've said before, the financial reckoning is coming.