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Cliff is irrelevant. Crash is coming. As it always does. There is no free lunch. Accounting tricks will keep things going only for so long. Printing money is not the sign of a healthy economy. It is the sign of a dying economy. This is how the Romans came and went. Prepare for the crash. Google CONQUER THE CRASH KOND...more
Party is over. Cash is the place to be. Short term treasuries is a safe bet to park your money until the storm ends. Our problem is debt and we have more of it now. Nothing has been fixed. Coming crash will be bigger than 2008. Google for "DEFLATIONARY CRASH" to understand why.
Housing bubble, sub-prime mess was intentional! The banks and the government was complacent about it. Google for "HOUSING BUBBLE KONDRATIEFF WAVE" to understand why.
Austerity measures, spending cuts will be deflationary. Deflation cannot be avoided after credit inflation runs it's course. Google for "DEFLATIONARY CRASH" to understand the problem the world is facing. Great Depression is going to pale in comparison. Tax is going up. That will leave less disposable income to spend. P...more
The market is going to crash not because of what we are doing today. But because of what we have done for the last 70 years. It is going to be a deflationary crash. Markets will be wiped out and they will take wall street with them. Google for "kondratieff wave 2012" to understand why.
Folks, here is the difference between the rich and the poor: The rich does not pay interest for money that is created out of nothing when they borrow!
Debt based monetary system coupled with fractional reserve banking and interest based economy sets the stage for the rich to get richer and the poor to get poorer....more
12/15/2011
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