Economic Collapse 2011 - NewWaveSlave.com

[Combat79]

wait...art laffer predicted a double dip recession... if i remember correctly 5 years ago he predicted there wouldnt be ANY recession at all...wtf

[Combat79]

art laffer is a joke...

[webster2020]

The dude on the right of the screen with the wacky hair is so far out of touch with the economy! He probably thinks his hair looks good too.

[auctionmusic]

Art Laffer is wrong again...the tax hikes never happened, the market went up....that guy can never ever get it right.....

[Liquid505]

Diminishing taxes is POINTLESS. Anyone here who has faith in money needs to realise it is a tool created by mankind just like anything eles.

It is not natural, it is not "essential" for our survival, neither is it as productive and effecient as people believe their chip and pin is.

There are hundreds of thousands of people employed to move printed paper around.

We are at the peak of unproductivity.

We need the removal and move onto an RBE search ZEITGEIST

[carnypimp]

Tax Hikes LOL taxes are cheaper than they have been since the 1930's!

[0SatampraZeiros0]

You guys might be slaves to paper, Im not, Im self sustainable, I do have a great job, but its basically only for buying things I want, not need, you know like a ps3 xbox, etc, what most of you need to do is get on a budget, if youre on a budget and spend like you cant afford even if you can youll be fine, with the left over money you can buy seeds, salt, sugar, ammo, spices etc the basic essentials youll need when the shit hits the fan if ever, but still its good to have a plan B.

[sidecar771]

These guys have exactly zero patriotism...since the massive debt can only be paid with tax revenue, tax cuts (which did very little for the economy for Bush) will mean the dismantling of the federal government .

[Liquid505]

@sidecar771

The goverment is for the people and they have employed a system that makes the rich richer and the poor poorer. It is possible to be patroitic without supporting the goverment and the way they run things

. This is a global issues.

[jambuckerwarblast]

we are all slaves to paper!! its better that chains and wips as people dont even know they are slaves. wake up and change the world. free humans from the slavery Now......... stand up and fight back. we can together overpower our slave masters.

[TheNewWaveSlave]

@jambuckerwarblast Absolutely! That is the premise behind the term "New Wave Slave". (much more on this concept at my website)

[weemagick]

Oh Art it is now 2011 dow over 12000 ha ha Is that a raccoon on Kudlows head?

[jamaulbrown]

Art Laffer is always wrong !!

[coonish28]

Here it goes everyone! 2008 was just the start of it. We are going down down down. Empty malls, empty store fronts, empty restaraunts, no jobs. Starving babies, starving children, starving adults, people robbing for food, people robbing ATMs. Companies will keep making profits but at what cost to the American public?

[teomeimf]

We have ONLY been using Paper money for 80 years since around 1933 when FDR made GOLD ownership illegal. After 80 years of this botched experiment people realize that PAPER is worthless. Also you MUST remember that the DERIVATIVE BUBBLE is now 700 Trillion dollars... SO it is 'Game over' and the time bomb is now slowly ticking down. Just a matter of time now for a total collapse in the ' PAPER FAITH Religion" of our societies 'social engineers'. No government lasts forever HISTORICAL FACT!!!

[Liquid505]

@teomeimf

Agreed. Goodbye and good riddens to the economic paradigm that is money.

[AlaizterURMOM]

im alaizter and im sick of them saying each year that economy collapses

[Quranite]

Perhaps this is the real reasonw why they didn't let the tax cuts expire. Mr. Obama clearly said that he didn't want to "hurt" the economy. I wonder how deep that hurt would have been.

[billmeradeia]

Art Laffer is a joke, all of a sudden he sees the problem? And the solution is tax cuts? Laffer should have his tongue cut out and fed to feral dogs.

[diezeled]

@billmeradeia Agree with you 100%, look up older videos with laffer he was a raging bull as the real estate bubble was popping and said everything was fine just before the train fell off the rails in 08.

[stixin2000]

@billmeradeia I like PETER SCHIFF,seems he is right just about all the time. When he was made fun of on the news for predicting 2009, he was right. The morons who said everything was fine still have not learned! Look up peter schiff was right- Its real interesting. good luck all

[snfrncisco]

larry kudlow pig..

[realwisconsinnews]

Laffer and Kudlow have been proven wrong for over a decade now, at what point do people stop listening to them. Kudlow's late 1990's book wasn't even close. Look up the Schiff v Laffer video, Laffer is a fool. Altucher is the only guy here with any credibility, and frankly, even he is a light weight.

[Razorback30001]

United states is going to collapse big time. Get ready people it's going to happen....

[FaresDubai11029]

@alitza8844 >>>I totally agree with you

[sassylassy526]

Is it me or does Altucher's hair make him look like a mad genius?

[informedskeptic]

If the stock market climbs in 2011, it won't be because of increased earnings in real terms. It'll be because of the falling dollar. Phoney wealth until you go to spend it. Look at what gold and silver are doing right now.

[jdaviespete]

Doesn't Art Laffer owe Peter Schiff one penny?

[Jenawahrheit]

Statesman Ron Paul is one of the few leading men in the Nation who can lead the U.S. on the Wise & Prudent Path to American Strength.

[hsharrott]

It doesn't matter what this clown says, taxes will go up in 2011. You have to pay for Obamacare somehow..

[malangsob]

wow, Altucher---ATOMIC Geek--He reminds me of the scientist on the Simpsons.

[Nashoba07]

it's here to late

[GodChristLord]

James Altucher is a verifiable fruitcake. (He says getting a college education is a farce.)

[tom6612]

Kudlow ? KUDLOW ??? BWAHAHAHAHAHA. Nobody has been more wrong than that jerk.

[llmasterkll]

Before May 2011, double dip, DOW=1/2 oz gold, gold won't fall like it did in the crash of 2008. Nothing from 2008 was ever fixed, just more money printing pumping up the dow jones. This crash will slaughter everyone, dow will hit 4000 or less. Mark this prediction.

[PlayBoyPabloPablo]

@llmasterkll id the dollar collapses wong gold go up like crazy

[MACKATTACK1970]

continued....

We are a DEBTOR nation that needs to borrow to purchase the goods we need. We can't produce anything because we can't compete on the world stage where employees work for as low as 50 cents a day.

We have a huge problem and idiiots like these TWO MORONS FRUSTRATE ME TO NO END.

BOTH OF THESE BOZOS ARE CLOWNS, PLAIN AND SIMPLE.

[MACKATTACK1970]

Both of these idiots should be either gagged or gagged and shot.

This other moron with the mop head states that unemployment will drop year over year for the next five years.

EXPLAIN THIS JAMES: Why will the unemployment go down, is it because we will start to produce and Export /sell Clothing? Automobiles? Computers? Television Sets? Furniture?

What is it James? You guys are so delusional that it amazes me to no end, pick up anything you have and see where it is made? Continued.......

[Somair6469]

@MACKATTACK1970 lol at your statement especially the mop head one. What i don't understand is that if their is 1% unemployment year after year then who will be buying all the stuff company makes (in other words how can companies show profits)? By the way where are these things being made? Not in the US

[MACKATTACK1970]

@Somair6469 Most of our products are made in China, India, Taiwan, Mexico and other countries. We can't compete on the world stage for the same products that we consume because we would be competing with wages as low as 50 cents a day per employee.

.

A large portion of our tax revenue is already spent servicing our debt, in 5-10 years it is predicted that we will use 35% of our tax base to service the debt.

.

Continued.....

[MACKATTACK1970]

@Somair6469 We can't afford the wars we are in, we can't afford to have military in 135 nations, we can't afford bailouts and proping up the 'Too big to fails'.

.

Either we put our finanial picture in order or we will be forced to print more and more money thereby debasing our currency to the point that it will be worthless.

Government spending needs to be cut down, our manufacturing base must go up and our consumption must be reduced to survive as a nation.

[MACKATTACK1970]

Arthur Laffer?

ARTHUR LAFFER? ARE YOU FUKING KIDDING ME? THERE ARE STILL THOSE DUMB OR BLIND OR DEAF ENOUGH TO TAKE THIS FOOL SERIOUSLY WITH ALL HE PREVIOUS FUKUPS?

Are you people REALLY this dumb?

Research this idiot, he has been wrong, wrong, wrong and he is a Buffoon and should come out as a Buffoon and stop Masquerading as an economist.

[EMPIRE0FLIES]

Dont let him forget that Penny!

[MrRayRPh]

Art...you still owe Peter Schiff a penny !

You were not saying any of this stuff when the bubble was building?? I don't understand...now it's too late to put the brakes on inflation and you are talking this stuff now. Where were you when it mattered?

[billyjoebobway]

second look...I think he is bald and that isnt his hair

[scandawarrior]

Whats up with that guys hair. Did he get dressed the night before and sleep in that suit?

[billyjoebobway]

@scandawarrior LOL...chea pet hair do! What in the world is that on his head????