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Godman Sachs is going to get in trouble when the next crash arrives. Right now nobody cares. But bear markets are the result of a downturn in crowd psychology. Presidents lose office, social unrest erupts, wars star in bearish times. Bear market also bring with them a witch hunt. Goldman Sachs felt some heat during and...more
"There's a reason education SUCKS, and it's the same reason that it will never, ever, ever be fixed. It's never going to get any better, don't look for it, be happy with what you've got. Because the owners of this country don't want that. I'm talking about the REAL owners, now. The REAL owners, the BIG WEALTHY business...more
Try not to use credit. Pay your balance fully on time. Try to find satisfaction in paying debt, being debt free, consuming less, driving less, flying less, working less. Enjoy the smaller things in life. Google for DEFLATIONARY CRASH to understand why this is not the time to get ambitious about your economic expansion....more
Gold is a speculative bubble. Ironically, US dollar is scarcer than gold. For decades people borrowed and promised to pay back with interest in the future. The future is here. Pay back time. But entire money supply is not enough to pay the debt. Google for DEFLATIONARY CRASH to understand why US dollar is the place to ...more
Price of oil, gold, silver, stocks, bonds, homes cannot be sustained when the money supply deflates. Google for "DEFLATIONARY CRASH" to understand why US dollar becomes more valuable during financial crisis.
12/17/2011
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