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Faber Says U.S. Government May Fail in 5 to 10 Years; Calls Bernanke "A Criminal"
- Thread starter ByLoSellHi
- Start date
Marc Faber - Art Bell
you freaking kooks.
you freaking kooks.
Quote from Dr. Zhivodka:
Marc Faber - Art Bell
you freaking kooks.
Yo Z.
saying 1+1 must = 2 is not crazy.
Saying 1+1 can = 3, or even 50 is crazy.
The math cannot lie.
Because if you believe that we can continue these deficits, pay for the military, SS, medicare, unemployment, backstop the US financial sector, continue stimuli..... without dire consequences..... than who's the kook?
1+1=2 no more, no less.
Quote from krazykarl:
You know only what the media feeds you. Those of us that trade various markets know the tradeable bourses are not reflecting the apocalyptic picture the pundits are painting. Likewise it's not all rosy either, but as always there are good sectors and bad sectors.
I don't understand why people complain so much instead of working.
all I know is the g--d--m deficit is out of control and threatening to go infinitum. Federal tax revenues are booming.........lol. crackpots are buying guns and ammo and all you can do is scratch your head and say.............NFP is fixing to turn positive.....when? Stock market will cure all the USA's ills.
by the way, to your credit........one of the few here who called this move up.
here's my 2 cents:
Bernanke, Geitner (and Obama as they are their economic team) did very well since the beggining of the year: they flooded the economy with stimuli WHICH WAS THE RIGHT THING TO DO at the time.
the banks and the economy are in much better shape now.
the problem I see now is that THEY CANNOT ALLOW A BUBBLE IN THE STOCK MARKET or other areas of the economy now that the stimulus has worked. A bubble now would be terrible, when it finally busted we would have chaos and go much lower than the March 2009 lows (SPX).
In short, the government did very well, but should act NOW not to let this bubble grow... by unwinding the stimuli and protecting the dollar... Now is the time to do it... and then we will have slow growth and big unemployement for 1-2 years, but eventually the economy will recuperate and grow in a sustainable way.
Bernanke, Geitner (and Obama as they are their economic team) did very well since the beggining of the year: they flooded the economy with stimuli WHICH WAS THE RIGHT THING TO DO at the time.
the banks and the economy are in much better shape now.
the problem I see now is that THEY CANNOT ALLOW A BUBBLE IN THE STOCK MARKET or other areas of the economy now that the stimulus has worked. A bubble now would be terrible, when it finally busted we would have chaos and go much lower than the March 2009 lows (SPX).
In short, the government did very well, but should act NOW not to let this bubble grow... by unwinding the stimuli and protecting the dollar... Now is the time to do it... and then we will have slow growth and big unemployement for 1-2 years, but eventually the economy will recuperate and grow in a sustainable way.
lol sweet
Faber is a punk bitch. It's easy to throw bombs from Hong Kong.
Not so easy to be in the arena every day like BennyPoo.
Not so easy to be in the arena every day like BennyPoo.