View Full Version : mother of all bubbles about to go pop?
mhgaffney
08-10-2009, 06:22 PM
This guy Gerald Celente supposedly predicted the 1987 stock market crash, the fall of the Soviet Union, the 1998 Russian economic collapse, the 1997 East Asian economic crisis, the 2000 Dot-Com bubble burst, the 2001 recession, the start of a recession in 2007 and the housing market collapse of 2008...
http://www.youtube.com/watch?v=BUC7Nu76VFM&feature=player_embedded
alkemical
08-11-2009, 08:36 AM
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So how come Mr. Celente isn't unfathomably rich?
alkemical
08-11-2009, 10:42 AM
I could ask you the same.... :)
Because I didn't predict... "1987 stock market crash, the fall of the Soviet Union, the 1998 Russian economic collapse, the 1997 East Asian economic crisis, the 2000 Dot-Com bubble burst, the 2001 recession, the start of a recession in 2007 and the housing market collapse of 2008..."
On the other hand, I'm not trying sell an expensive journal (as Celente is), so I have no reason to puff up my "predictions".
alkemical
08-11-2009, 03:09 PM
Because I didn't predict... "1987 stock market crash, the fall of the Soviet Union, the 1998 Russian economic collapse, the 1997 East Asian economic crisis, the 2000 Dot-Com bubble burst, the 2001 recession, the start of a recession in 2007 and the housing market collapse of 2008..."
On the other hand, I'm not trying sell an expensive journal (as Celente is), so I have no reason to puff up my "predictions".
or maybe he is not greedy either..i dunno.
but hey in a backhanded way - i did say you were smart.
also - all advertising advertises advertising... he benefits - networks benefits - i no longer have any tv....i cant stand it anymore.
Meck77
08-11-2009, 04:46 PM
So what is going to fix this?
Solar energy tax credits? Noble idea but seriously......
This government interference is only delaying the TRUE market correction that NEEDS to happen.
Iraq, GM, the small company you work. It's all leveraged with debt.
Don't wait to buy land. Buy land and wait. Just don't do it in Baja...:tinfoilha (<---tin foil hat smiley)
So what is going to fix this?
Solar energy tax credits? Noble idea but seriously......
This government interference is only delaying the TRUE market correction that NEEDS to happen.
Iraq, GM, the small company you work. It's all leveraged with debt.
Don't wait to buy land. Buy land and wait. Just don't do it in Baja...:tinfoilha (<---tin foil hat smiley)
And pushing it back by more overspending, will make the pop, that much more painful. But dont worry, a global solution will be offered when it does that will "solve" everything -- just trust them, and put out your wrist....
orinjkrush
08-11-2009, 05:25 PM
**** IT. Give me another martini and my AK 47.
mhgaffney
08-11-2009, 05:32 PM
Meck,
What do you mean by "market interference"? Are you Lassaize Fair (sp?) ??
Are you aware that the so called regulators in this crisis were part of the problem?
Do you realize that capitalists MUST be regulated -- to protect the rest of us from their greed? It's why the Glass-Steagall Act was passed in the 1930s. It worked.
Unregulated capitalists = unbridled greed = out of control speculation = no productive growth = debt debt debt
You get it?
Meck77
08-11-2009, 05:33 PM
**** IT. Give me another martini and my AK 47.
Uh aren't handguns illegal in DC post 1975 or something?
orinjkrush
08-11-2009, 05:33 PM
gaff...in theory I agree with you.
but, jeez.....
step away from the bong...
orinjkrush
08-11-2009, 05:34 PM
Uh aren't handguns illegal in DC post 1975 or something?
unconstitutional dude.
right to bear arms. i want a nuke.
L.A. BRONCOS FAN
08-11-2009, 05:38 PM
WTF is wrong with Youtube?
Can't get any video to play today.
Dudeskey
08-11-2009, 10:00 PM
One super size **** sandwich coming up...™