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GM sells about 11 million cars per year. If GM fails, then wouldnt Ford or another company just pick up that market share? I mean those 11 million people are still going to have to buy cars later right?

I saw this on the news the other day. Really makes you think about how intolerant Obama supporters are. http://www.chicagotribune.com/news/columnists/chi-kass-13-nov13,0,2881384.column As the media keeps gushing on about how America has finally adopted tolerance as the great virtue, and...

Well, if i buy real assets i'll be ok. If i just go shopping and spend my money on services like restaurants, limo rentals, clubs, ect...then i would be screwed. But buying assets like gold/silver, real estate, ect...worst case scenario, i lose a bit of value in it if the dollar gets...

So lets do a "what if" scenario, just for fun, ok? Imagine that you could see a year into the future. You see the dollar collapse. So what would YOU do to ensure your survival. (for this exercise lets say you have very little cash) Well I can tell you what i would do. I would max out...

I think this says it all. <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/AHcxzBwjYHg&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed...

Give me 25 billion! I will build a factory that makes cheap fuel efficient cars! Why give 25 billion to someone who makes expensive gas guzzlers that cant make a profit? Hey....I cant do any WORSE!

I would not call the popping of a speculative bubble deflation, yet people really want to look at it this way.

Yes...Most people under the age of 30 do not even really remember that the soviet union was our equal in the world. Only reason it fell was because Reagen knew we could "outspend" the USSR, as a communist country is not as stable financially as a capitalistic country. But look what we are...

So those are my future choices....I can be a rich landowner who will be hunted down and killed, or i will be a starving poor person who kills to feed myself/family and should i ever kill enough people to have a nice little store of food, i will be killed by people poorer than me for my food...

Good point, but for the last few years its been america that has been wrong about everything. And it just makes you wonder, if we are wrong about everything financial in the last few years and someone is doing something different that us....doesnt that make THEM right if WE are the ones that...

http://biz.yahoo.com/ap/081115/ml_iran_gold.html?.v=2 Looks like Iran is stockpiling gold now. Gotta wonder how many others are/have been doing this for a while. Been hearing about some mints are having shortages of gold lately.

Buy a couple acres of farmland, a few ounces of gold/silver and then no matter what happens, you will be hedged. Worst case scenerio for you, the end of the world doesnt happen and you can just sell your gold/silver and farmland for pretty much what you paid for it.

Previous speculation in the last 10 years+ in real estate drove those prices up when inflation/deflation had ZERO to do with the prices. Because houses are coming down from a speculative bubble does not mean that inflation is not happening, it is just masked from the previous years of that...

I am not normally a doom & gloomer, but there is something happening today that is going to be pretty big. It is possible we could see hyperinflation in the next few years. Maybe not on the scale of what other countries have experienced, but I dont think it unreasonable that in a year or two...

That was really amazing. I mean how they were saying GS was a buy at 175 and today its 66. It seemed like all those guys were telling peter how crazy he was when he said "the worst is yet to come" Those economists like ben stien saying that we were at a bottom when the dow was at 13,000...

BILLIONS???? REALLY? Are you telling me that the majority of the 6.6 billion people alive today will be dead 75-80 years from now? OH NO!!! I had no idea it was this bad! 6.6 billion dead! This has to be the worst disaster in the history of the world! To think...all those people...

Lets see what would happen if china did that. Well since about 20% of all of chinas exports go to the US (and 15% goes to Hong kong which just in turn exports to the US) it would seriously destroy the chinese economy to do that. All those countrys that Rome took over, were not dependent on...

I see what you are saying so lets try to look at it. Say you buy a house for 100k before the bubble and sell it for 200k during the bubble and you profit 100k. Sure we all know the guy that bought your house is going to default and the bank will be on the hook for it, but what did YOU do with...

Cut production and only export 1 barrel of oil per day and maybe then we will give you 150 bucks for it. That'll show us infidels, and you will finally get the price you want!

you are comparing apples and oranges. Banks debt is connected to assets that can at least generate some kind of income. People with credit card debt do not have any assets connected to those cards that are generating income. They have to rely on wages to pay for those purchases. Its not like...