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February 14, 2010
We could build another boat. get people in life raft as, roll up the constitution. put it in your pocket. this is awful. well be cold. some of lus die. its not the boat. >> he might disagree but were facing a crisis of finance, crisis of finance and debt and currency. they are tools for the orderly transfer of the real wealth of the world. theyre not. germany, hyper inflation is horrible. take a long-term view here. i get distressed when they think were seeing the end of life entirely. human lif...
February 14, 2010
Get people in life raft as, roll up the constitution. put it in your pocket. this is awful. well be cold. some of lus die. its not the boat. >> he might disagree but were facing a crisis of finance, crisis of finance and debt and currency. they are tools for the orderly transfer of the real wealth of the world. theyre not. germany, hyper inflation is horrible. take a long-term view here. i get distressed when they think were seeing the end of life entirely. human life and civilization will go on...
February 13, 2010
Get people in life raft as, roll up the constitution. put it in your pocket. this is awful. well be cold. some of lus die. its not the boat. >> he might disagree but were facing a crisis of finance, crisis of finance and debt and currency. they are tools for the orderly transfer of the real wealth of the world. theyre not. germany, hyper inflation is horrible. take a long-term view here. i get distressed when they think were seeing the end of life entirely. human life and civilization will go on...
February 12, 2010
Put it in your pocket. this is awful. well be cold. some of lus die. its not the boat. >> he might disagree but were facing a crisis of finance, crisis of finance and debt and currency. they are tools for the orderly transfer of the real wealth of the world. theyre not. germany, hyper inflation is horrible. take a long-term view here. i get distressed when they think were seeing the end of life entirely. human life and civilization will go on. fascism thing is what we have to keep an eye on. the...
February 11, 2010
Put it in your pocket. this is awful. well be cold. some of lus die. its not the boat. >> he might disagree but were facing a crisis of finance, crisis of finance and debt and currency. they are tools for the orderly transfer of the real wealth of the world. theyre not. germany, hyper inflation is horrible. take a long-term view here. i get distressed when they think were seeing the end of life entirely. human life and civilization will go on. fascism thing is what we have to keep an eye on. the...
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Confidence both domestically and internationally with the treasury bonds. it makes borrowing more expensive. we -- it makes foreign investment more costly. americans need to realize that domestically and internationally interest rates are kept artificially low by the actions of the federal reserve and the actions of the european monetary union and we will be headed to a heard of hyper inflation, and everything is going to be more expensive, and we are not going do have the economic growth, we wi...
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Sign up for my free e-mail newsletter. its imperative we stay in touch with each other. last night, i was reading a story on zerohedge.com. i want to give you the basic gist. the thing we have going on can only end in one of four ways. one, the debt trap. this is where you keep spending money and borrowing more money. were doing that now. you try to spend your way out of it. two, hyper inflation. print your way out of it. we are doing a little of that one, too. here is a unique one you probably ...
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The marks because the paper wasnt even worth anything. they started doing this. then they started rubber stamping them. one more story on this. american went over to germany and left a dollar tip at a restaurant. it was such a staggering amount to a german waiter that the waiter actually took that dollar home, called a family meeting together to figure out what is the best thing we can do to invest this dollar. america, the economic laws do not stop at our shore. we are not immune from hyper inf...
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Since the presidential election of 1980. if we dont change course in november of 2010, we are surely headed for a real crash. >> the question will be, if the republicans take over are they going to be willing to try to push through dramatic austerity measures? >> they might be able to strangle the financing of health care reform, strangle other spending ideas. they will not be able to rescind tax increases. >> the white house has a prescription in front of it that can help the sick patient on th...