Greenspan Releases Report: Amazing Facts & Charts On Home Equity Extraction

Quote from daddyeaux:

ahhhh the sweet smell of being correct......

http://www.elitetrader.com/vb/showthread.php?threadid=93795

Original Quote from daddyeaux:
GDP is negative and has been for awhile.....


I can't see how you can think you are correct with GDP. GDP growth is positive for ages and is going to stay positive going forward.
Don't make it worse for yourself - you sound like Paul Kasriel from Notherner Trust - and he is the biggest fool I ever saw (check out his AV with Swonk on Bloomberg).
By the way I am still waiting for something more insightful from you than just repeating CNBC....
 
Quote from JamesVU2000:

The US is insolvent. There is no way to pay back its foreign debt or private debt. The rest of the world keeps accumulating IOU's. A credit deflation or a hyperinflation is going to result.

And you think that it's just a coincidence? That the most elite rich and brightest minds didn't contribute to it?
 
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