US economy is Zero-Sum since dollar is pegged to OPEC oil.
https://en.wikipedia.org/wiki/Triffin_dilemma
https://en.wikipedia.org/wiki/Triffin_dilemma
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Are we headed for a much larger market crash than 08
- Thread starter lasner
- Start date
Alex Jones has nothing to do with it. Anyone who doesn't recognize we're headed for a collapse, is economically illiterate. Period.
Yes, there is a way to profit off of our failure! Read some of Peter Schiffs books: Crashproof 2.0, The Real Crash... Think logically, if the Western free market collapses, who is the largest rising economies in the world? Southeast Asia. China, India, Hong Kong, Singapore, etc. 80% of Chinese bought their new cars with straight cash. They also have the largest growing middle class in the world! Look at our Middle Class post World War 2. What the middle class does is CONSUME. How did a lot of money get to the top 1%. They have the supply and the middle class has the demand. Supply driven if I'd say so. Do extensive research on who China's biggest suppliers are and you can profit big. Also obtain some foreign dividends (they pay much higher). Lastly, invest in some Gold. Acquiring a tangible asset is always a plus in my book. Unlike reserves and stocks which could fall off the fiscal cliff at any time!
Quote from achilles28:
Alex Jones has nothing to do with it. Anyone who doesn't recognize we're headed for a collapse, is economically illiterate. Period.
Kay: Did he say anything to you?
James Edwards: Yeah, that the world is coming to an end.
Kay: Did he say when?
Without a timeframe, who cares?
Quote from Free Thinker:
there is one way. if ron paul somehow got elected and went through with his promise to cut a trillion dollars from the budget in one year. that would tank the us economy.
he is really the only one crazy enough to do something like that. not worried about romney. he wants to increase spending.
Amazingly, Non Thinker knows even less about economics than he does about trading...or grammar.
Alex Jones has a lot to do with it since you posted a link to HIS site. A guy who takes a little bit of truth and sprinkle it with 99% bullshit to suit his agenda. I'm not mad at him though, he's a smart businessman.Quote from achilles28:
Alex Jones has nothing to do with it. Anyone who doesn't recognize we're headed for a collapse, is economically illiterate. Period.
I do believe, however, that we're headed for a crash at some point in the next few years. Everything is pointing towards that direction.