News America Is Facing Economic Meltdown (Vid)

[RummyBoy]

All this talk of ISIS, Ebola, Nuclear bombs, Hacking...... its all very DEPRESSING so I want to lighten the mood. Excuse the fact that its presented in the form of a slightly infomercial type format as Jim Rickards two books are both bestsellers and the guy does know what he's talking about - the bigger threat than terrorism is actually the FED:



Video also explains who the mystery Belgium buyer was.....

[HelmutKohl]

Very nice infomercial. Doing good job on spooking old folks with money

[onwebcam]

Welcome to 1913.

[Captain Kawaii]

Originally Posted by onwebcam

Welcome to 1913.

- right on. Gotta milk them boomers.

[RummyBoy]

Originally Posted by Captain Kawaii

- right on. Gotta milk them boomers.

So what do you think - the USA is good economic shape?

[Barry-xlovecam]

https://personal.vanguard.com/us/ins...SS&Channel=EWR
http://seekingalpha.com/article/2470...-meeting?ifp=0

Youtube investment advice

[RummyBoy]

Originally Posted by Barry-xlovecam

Youtube investment advice

Mainstream media is designed to keep the sheeple thinking everything is going well. They won't serve you a lot of this kind of analysis:

http://www.wealthdaily.com/articles/...losing-in/4823

http://www.zerohedge.com/contributed...y-211-trillion

Laurence J. Kotlikoff served as a senior economist on President Ronald Reagan's Council of Economic Advisers and is a professor of economics at Boston University

"If you add up all the promises that have been made for spending obligations, including defense expenditures, and you subtract all the taxes that we expect to collect, the difference is $211 trillion. That's the fiscal gap," he says. "That's our true indebtedness."

http://online.wsj.com/news/articles/...27374039087636

"The actual liabilities of the federal government—including Social Security, Medicare, and federal employees' future retirement benefits—already exceed $86.8 trillion, or 550% of GDP. For the year ending Dec. 31, 2011, the annual accrued expense of Medicare and Social Security was $7 trillion. Nothing like that figure is used in calculating the deficit. In reality, the reported budget deficit is less than one-fifth of the more accurate figure."

[Captain Kawaii]

Originally Posted by RummyBoy

So what do you think - the USA is good economic shape?

Not at all. I think it is prime for collapse at the expense of the little people. We are gearing all we do toward Asia and Asian economies.

[2MuchMark]

Lol.

Step 1. Scare Suckers.
Step 2. Sell them security.
Step 3. Eat shit.

[tommy730]

To be broke now-days in the US with all the legitimate ways to earn a living online (mainstream), you've just got to be lazy, a senior, or a plain moron.

I was laid off from a job in my early 20s = best thing that ever happened to me. Went from making 3 figures a week to 4 figures a week within a month doing things like buying and selling on marketplaces, and this all can still be done, and fairly easily, you just need common sense and motivation. It's sad you've got college graduates on unemployment instead of doing something as simple as opening an account somewhere and getting back to the basics of flipping shit.

Degrees = worthless if you can only survive by someone elses innovation.

[onwebcam]

Originally Posted by tommy730

To be broke now-days in the US with all the legitimate ways to earn a living online (mainstream), you've just got to be lazy, a senior, or a plain moron.

I was laid off from a job in my early 20s = best thing that ever happened to me. Went from making 3 figures a week to 4 figures a week within a month doing things like buying and selling on marketplaces, and this all can still be done, and fairly easily, you just need common sense and motivation. It's sad you've got college graduates on unemployment instead of doing something as simple as opening an account somewhere and getting back to the basics of flipping shit.

Degrees = worthless if you can only survive by someone elses innovation.

While I do agree, flippin ain't (that) easy.