Re: The Barry-Barney Dow is heading for 5000
Back in 2012 I read an ad by that Standbury guy. He predicted the collapse with anarchy in the streets. And he said it would be very bad in LA where my family lived. I tried to convince them to buy cases of bottled water and toilet paper. And I tried to convince them to move. I even looked around town for FEMA prison camps. My family and friends started to think I was crazy. But when the collapse didn't come and you see the same ad preducting the same collapse in the next year, you start to think you've been duped. Furthermore, Ron Paul is now one if his supporters. And I used to think RP would make a good president. You can dwell on the collapse, it is a scary thought. But I'm going out for pizza and beer instead.
Ron Paul is one of the few honest brokers we have, and had my support. So will Rand
All that has happened since 2008 is we have been given more time, and more rope to hang ourselves with . The fact that we haven't collapsed yet, is not a good thing. The sooner we deal with our problems, the faster we can restructure , and grow a real economy , with true free markets, capitalism, and sound money
What was unpredictable was the stupidly of the rest of the world to follow us down this rat whole by instituting their own QE programs to solve their debt crisis, and in turn, rush back in to the dollar for safety. The story keeping us afloat is we are the only country offering real growth , we are hitting escape velocity , and the fed will be raising rates shortly to protect their credibility and the dollar
op:.
Umm, yes, they have been telling that tall tale for 7 years, and haven't even been able to get past playing word games .
All this did was allow us to borrow more and more money, and blow up the Feds balance sheet to 4.5 trillion
Enjoy your beer