Bill Gross: Unless deficit is closed, the USA will be destroyed.

[Daring]

Quote from achilles28:

Help yourself and learn some basic economics. Then reread PIMCO's newsletter. Do you understand America and Europe are on the verge of something rivaling the Great Depression?

It's senseless even engaging with a mind like yours because you don't possess the knowledge needed to understand how these conclusions have been reached.

I don't see many economy experts in the list of the richest of the richest.

How you like that one Mr. Education?

 

[zdreg]

Quote from achilles28:

Help yourself and learn some basic economics. Then reread PIMCO's newsletter. Do you understand America and Europe are on the verge of something rivaling the Great Depression?

It's senseless even engaging with a mind like yours because you don't possess the knowledge needed to understand how these conclusions have been reached.

why do you personalize? it is disgusting to hide behind the anonymity that the internet offers.

 

[achilles28]

Quote from zdreg:

why do you personalize? it is disgusting to hide behind the anonymity that the internet offers.

Want to call me over the phone? Or go for a drink, in person?

Do you actually think I give a shit?

 

[Moderate]

fact is you dont know whether were gonna turn into japan or weimar

I have 65% confidence in Bernankes printing press powers so far

 

[achilles28]

Quote from Daring:

I don't see many economy experts in the list of the richest of the richest.

How you like that one Mr. Education?

Another irrelevant post. Keep it up. You'll fit in nicely here.

 

[achilles28]

Quote from Moderate:

fact is you dont know whether were gonna turn into japan or weimar

I have 65% confidence in Bernankes printing press powers so far

Japan is a net creditor nation. That's why the Yen never collapsed. America is a net debtor. Plus reserve status, yes, the dollar will implode in a few short years. If you want to put a figure on it, imo, there's about a 90% chance Bernacke prints and the dollar collapses.

 

[Moderate]

Quote from achilles28:

Japan is a net creditor nation. That's why the Yen never collapsed. America is a net debtor. Plus reserve status, yes, the dollar will implode in a few short years. If you want to put a figure on it, imo, there's about a 90% chance Bernacke prints and the dollar collapses.

great I got some GLD for that

 

[Moderate]

isn't the UK a net debtor nation that prints way more than us and yet their currency hasn't collapsed?

 

[Humpy]

I hope it was a joke on another thread that Benny's mega plan to solve the crisis is to give $5 trillion to Greece, Spain , Italy. etc etc. If they really get spending US style it shouldn't take them more than a few months to waste that lot and be back for another hand out.

What a dummy !!

Just another example of a capitalist democracy ( well almost ) not doing the right thing except win the next election.

About time power was taken away from the masses and given to those of quality and integrity.

 

[Swan Noir]

Like ours it has not YET collapsed. The treadmill --borrowing and printing-- is a very difficult one to get off gracefully. There is little doubt in my mind that nasty, persistent inflation lies ahead of us and the potential for hyperinflation certainly exists.

Quote from Moderate:

isn't the UK a net debtor nation that prints way more than us and yet their currency hasn't collapsed?