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Faber > Krugman. :)

A lot of water will have to run under the bridge before most of those ideas will be implemented Libertad. These paradigm shifts don't happen overnight and I'm afraid more pain has to come just to make everyone clear the road we are on is unsustainable as we speak let alone agreeing on steps...

My newspaper the other day had pictures in it of huge Boeiings (or where it Airbusses?:D ) loading up subway trains in Germany ready to be flown to India. Now why would anyone want to buy their subway trains in Germany? The euro is probably one of the most expensive currencies in the...

Yes. Look at gold and the miners spiking. I guess investors are pretty sure about economic recovery and people going out buying jewelry again.

How about the goldminers. They offer some great leverage and if you are worried about a single company surviving just take a sector tracker.

The Euro gained 100% on the $ last decade. Did world trade end? No, global economy boomed like never before. Who is to say the same wouldnt happen when the $ drops another 100%. Or 200%. or 300%. Or more. Sure, US citizens get the stick but that's only what, 1/20 of world...

1. Why is that? 2. Zimbabwe was Africa's breadbasket before they crashed their currency and turned the place into a living hell. But wait, that couldnt happen to the US right. After all, we have our unshakable democratic constitutions, very honest government officials, far-sighted...

From Faber's latest newsletter: The crux of the problem most deflationists do not understand. By keeping short term rates artificially low and by monetizing the growing fiscal deficits a central bank digs its own grave in terms of its ability to pursue tight monetary policies when such...

He lives in Thailand.

http://www.youtube.com/watch?v=LcdlBoHaBt4 Here is the video

The Chinese ordered the money printing. They knew the only way to save Fannie and Freddie was by printing money. Didnt care. Just backstop it Uncle Sam. Hypocrites.:)

As always the great Dr Faber uses a bit of hyperbole but you get the idea. :) I must of read quite a bit of Faber's interviews of these last years available online and really the most bearish call I remember him making not using to much hyperbole is a goldprice of around 3 to 5000$ an...

Gold is the asset class of choice for perma bears and has been performing great since this crisis began and even before. Granted, the miners took quite the beating in 08 but they have recovered great (is there a sector out there only about 20% down from the pre crisis highs?) with some of...

Would it be so hard to buy a bit of gold when you are printing trillions anyway?

Most of the debt is still owned internally. My country (Belgium) had a 150% debt to GDP ratio build up during the seventies and the eighties. They managed to get it down to 80% a year or 2 ago. It can be done. As my former prime minister used to say. As long as you can roll it...

No more supersize ANYTHING!!!!! :eek: :eek: :eek:

Americans will have to learn and live within their means. Like europe does.:)

In times of moderate to relatively strong inflation (as witnessed in 2000-2008) stocks perform relatively poor especially in real terms. The Dow was at 11000 in 2000, it hit 14000 in 2008 but during that time the dollar in which the dow is trading collapsed against other currencies such as...

Should we sue?

Jim Rogers: "Paulson is a fool. Bernanke is an idiot. Geithner is a clown. They're all idiots." :)