Sir Richard Branson Sees Stagflation Ahead

[IsyGin]

He has no idea what he is talking about. He should rather not talk about economics.

[Sys8dmin]

You both are hopefully not forgetting that fiat money and the Federal Reserve system is the underlying cause together with Keynesian economics.

[magichandpuppet]

Bush = second worst president ever.

Bama = first

[Nuanceqwest]

@magichandpuppet

I disagree, Obama has been left to foot the bill for decades of Economic mismanagement and he will get the blame no doubt, but the collapse was going to happen anyhow.

There is no way out for America's decades of excesses without any pain.

[magichandpuppet]

@Nuanceqwest, there is some truth to what you say. Truly, it doesn't matter which puppet we have for president at this point with regard to the coming collapse. The fraudulent crony corporatocracy will come crashing down eventually and I agree, whichever puppet is "in power" when the music stops will get the blame. I wouldn't try defending them, however, since they are most likely just as corrupt as any of their predecessors.

[magichandpuppet]

@Nuanceqwest - "but the collapse was going to happen anyhow"

Yes, I agree 100%.

You are correct. The collapse is inevitable, and Obama is doing all he can to give golden parachutes and titanic life rafts to those who are most responsible for causing this mess.

[vlvl21]

magichandpuppet-I disagree with you....

[magichandpuppet]

Disagreement is find. But if we put our heads in the sand, pretending all is OK and that Obama, clearing working in the best interests of his top campaign contributor Goldman Sachs, will save us... this will be a problem. It is time to get prepared for the worst.