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Two words: SURVIVORSHIP BIAS If you don't know what that is, look it up. :D

Right On! Why don't we give private sector entities such as GM, Enron, WorldCom, Arthur Anderson, Drexel Burnham, Lehman, Bear, Merrill, Wachovia, Citi, or any other private entity the pleasure of delivering an envelope anywhere in the country for 44 cents? Uh-oh. No need to follow up -...

In effect, yes. In my view debts are really a method to maintain or increase consumption of the world's limited resources. In the debt game, there are winners and losers. Some nations consume the economic output of others, other nations provide the consumption and their people get little in...

Crazy, huh? You're doing even better than us Americans - new Euro record against gold.

In my view, the mortgage defaults you mentioned were only symptomatic - not the cause of the crisis. What we are seeing is the natural progression of a fiat monetary system that is manipulated to maintain (in my view) an erroneous and faulty goal of perpetual economic growth at a certain...

Efficiency of debt expenditure? LOL! The 1990s were a gigantic bubble. Your gov't prime customer of debt theory only works when the bubble economy is on the upswing. What happens when the private sector debt/money creation collapses as it has? Do you really believe the gov't is hogging up...

I don't think so. He wants multiple currencies so he can target the weak ones and profit. One of the reasons for the Euro was to create a broader based currency that in effect, would be too large to manipulate and profit on speculation. Obviously given the unprecedented crises - it's not...

You cannot expect "morality" in an usustainable system that is being propped up artificially. If you do, then you are a fool.

I was in college and voted for Perot in 1992. :cool: If he won, things would have been very different right now. He was addressing unfair trade agreements, deficit spending, entitlement costs... well before they reached crisis levels. I see the Republicans getting a huge bump, if...

For the most part, the peasants have been sold out. I'm not saying they are completely irrelevant, but they don't rank anywhere near Wall Street. Wall Street donated twice as much to the Dems last election cycle than they did to the Repubs. Guess what's going on now? The numbers are...

Where was the "truth" when he monetized over a trillion of Wall Street's bad loans? Where was the "truth" when he orchestrated the backstopped bailouts of Bear and Merril, and Wachovia... etc...? I get it. Wall Street is taken care of - Capitalism, when it is dangerous to Wall Street...

That may be so, but it's neither your decision or mine to make. Ask the central banks of the world how much silver they have. That decision has been made.

The world has gotten more crowded. The current fiat monetary system allowed some nations to unsustainably overconsume at the expense of other nations which are now economic powers to be taken seriously. When this system finally collapses: No nation will allow another to hold the sole...

It's all good. It does sound great, don't get me wrong. But one thing bugs me: If NASA funded this research, where is my cut if it goes IPO? I'm a taxpayer, after all. If this was funded by GE, you think that guy in the interview would be smiling so much?

I did watch it. Did you read what I wrote?

looked more like an infommercial to me than hard hitting journalism. It still needs fuel to run. Though if it can halve energy costs for a house, that's great. But for transportation purposes... I don't see it being a big deal.

I'm saying that without the Treaty of Versailles being so punitive, without England playing their divide and conquer game on the European Continent and colonial overreach... then yes, Hitler would have had a difficult time ascending as he did. That's why after WWII even though we disarmed...

I don't want to start a WWII debate, but I think Pat Buchanan's recent book on the subject brought up a lot of good points. WWII, I think, could also be attributed to a combination of England's overstretch (similar to our's today) and the excessively punitive treaty of Versailles. Was Hitler a...

I agree, but China, unlike India, can mine the stuff, so I would think India would be more interested. China did make a large, recent purchase in GLD. Either way, story looks fishy - Pravda isn't exactly the greatest source. May be an interesting day, especially as you mentioned, with the...

I agree it's a stupid notion. So was WWII. However, I don't see a future war being planned as much as being a natural progression of the global system. There are a tremendous amount of financial imbalances in the world. There is also a tremendous demand for resources. Who gets what, who...