Tony Robbins Economic Warning part 1 of 2 (2010)

[prasanthdon02464]

@lardlizard , Well you can't bring back Jobs from China, India bcoz at present most of those jobs are being managed and run by Chinese, Japanese and Indians. More over, the only reason why America wants to outsource jobs to India, China is because there's not much of Man power in USA & lot of it's people are fat , lazy booties.

[cooperbry]

We can only hope that people continue saving. Savings is where capital comes from to start and fund business. Savings is good and if we shrink spending to 50% that will be just fine. We'll adjust.

[chriscr123]

@cooperbry Save what? A rapidly devaluing dollar? Trillions of fiat currency has been printed out of thin air in the last couple years..the dollar is crashing, and if you have savings they will be toast. Your only hope is to invest in physical gold and silver, and I advise doing it now before it's too late. You have been warned...

[cooperbry]

@chriscr123 The devaluing dollar is something that can be stopped. And it should be stopped. The ideas are sound in a sound economic environment.

[chriscr123]

@chriscr123 It won't be stopped. The dollar as the worlds reserve currency is finished. The federal reserve has destroyed it...they will keep printing and monetizing the debt into oblivion.

[primoknoxville]

Is it true that his girlfriend is a chicken.

[KhmerD0g]

@primoknoxville

unfortunately he roasted and ate the chicken. #LOL

[apagoogoo]

someone needs to coach tony on facial hair style.

[666sigma]

Tony, it's called luck. Read Black Swan or Fooled by Randomness.

[ScottNash659]

Doesn't Tony Work with Optawise which is an Affiliate Internet Marketing Company located in Marina Del Rey? That is what I hard

[yaahme]

He is exactly on the mark, if you listen.

Seriously listen, heed his alert, and BTW he is not alone with the logic and history on it.

Thank You Tony you are a true blue American Hero, If only I could afford your courses...this warning is appreciated though and will be keeping an ear to the track.

[303Miles]

I have always loved this guy he is great.

[DbarRay]

I could just kick myself....I heard this a month ago, and of course since this dire warning, the market has had it's best month in over 70 years! Go figure.

This was the equivalent of the stock tip from your cab driver during good times.. Look, when non-financial people give you advice, just do the opposite O.K

All right, nuff said.

[plify777]

An idiot you are. He is much further out than a month and he is not giving trading advice. The dollar is getting clobbered again which is why the market is rallying, Fed policies to boost inflation and weken the dollar.

[hamildub]

@DbarRay lol, you missed what he said in a big way. He says educate yourself, do your own due diligence. He specifically said he's not giving advice and also says this is something to consider in your overall view.

Do you think it is wise to to just do what people who give you advise say?

Are you the one in charge of your finances or is the financial salesman?

[DbarRay]

@hamildub I think YOU missed the point of MY post.  Tony Robbins was giving a very bearish near-term outlook on the market When non-financial media starts covering the financial market it's an indication that sentiment is at an extreme and time to do the opposite (since his post the market is up 30% in 6 mo). The time to have gotten out or short the market was in the Spring which I was pre flash-crash. I then went long as of the date of my post. BTW now it IS time to get out....

[hamildub]

@DbarRay It is important to look at your return ratios to determine if the flip flopping is worth it. When you say get out.. do you mean currencies, commodities, equities, bonds, treasury notes or what. Due diligence: consider your overall investment strategy (horizon, risk aversion, expected return, cash flow liabilities etc). My only advice is to ignore this "get in/out now" especially if you have a small account commission will eat your returns.

[DancingSpiderman]

@DbarRay What ever the financial TV channel talking heads say to do... DO THE OPPOSITE.

[JohnnyGasTank]

nothing against robbins but this sounds like an advertisement for wall street saying " HEY!....HEY!....DON'T TAKE ALL YOUR MONEY OUT OF OUR LITTLE GAME.....WE HAVEN'T TAKEN ENOUGH FROM YOU YET.....and if you do we might have to stop playing our little game." :( no?

[balancewealth]

Thanks Tony,

This information is much needed.

balancewealthradio(dot)com

[tesskansas]

Perfect timing - this video. Nice gift!

[mrfuckyouobammy]

It's simple math Tony, problem is those who comprehend simple math never run for public office in our country. And it is that group who suffer from cranialanalism (head in rectum disorder) that profess liberal governing mentalities that thoroughly ignore the obvious when it comes to trends and historical fact.

[elboertjie]

The economy is not driven by spending, it is driven by production. One first produces then one consumes.

When one first consumes, one is building a debt bubble, but when one first produces, one is building a capital society.

[sekir72]

Managed Futures is an asset class that will make money in this downtrun, It is the only asset class that made money in 2008, it is where the smart money is. Tony is right, it's time to re-evaluate everything that you think you know about the investment world.

[paulfromdonmills]

The end is not even in sight..