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Over 650,000 jobs lost last week! 12.5 Million Americans are currently unemployed! Stop looking for a JOB! You need to start thinking outside the box! There is an amazing, RECESSION-PROOF business you could start for as little as $100! Stop waiting for opportunity and start creating it for yourself and others! Watch my videos, then Take Action TODAY!
jazyskowski 2 years ago
man you know nothing about money comparing this to chicken little come on. why don't we just hope our lives are like addlain while were at it wait for out littlle genie to give us our wish.
OLDYOUTH 3 years ago
@Estevez123321. if you were smart, you'd have sold your house at the top of the market, rented until the market bottomed, then bought 2 for the price of one (or even 3)! go buy a Tulip, they're cheaper than ever and one day they will be worth a fortune. lol. the Property Super Cycle is over - dead baby boomers don't need houses to live in. soon, supply will exceed demand, even more than it is at the moment. but you are only human!
VoodooChew 3 years ago
ok, so you can read newspapers, wow. you are clinical and logical, but wrong. we are here because fundamentally, humans don't learn from their mistakes - they have a need for greed and all business does is to try and feed it, because of their greed too, and that of their shareholders. and governments do their best to keep the ball rolling, so they can be re-elected. it's a cycle, no more, no less. boom, bust, boom, bust. big boom, big bust. smell the coffee folks! TULIP MANIA lives on....
VoodooChew 3 years ago
xD too fun !! lets chat c my profile! f
ah2rs4 3 years ago
p.s. The gold and silver should be physical, not the paper stuff (ETFs, etc) which are worthless if things collapse. I was out of the market a year ago at the peak. Why? Because I'm one of those stupid chicken littles. Got Gold?
Hope for the best, prepare for the worst.
tyronebiggums3 3 years ago
Also, did you know that Jim Rogers is SHORTING US TREASURIES! SHORTING US TREASURIES!
If these "bailouts" continue to pump money into the system, inflation could skyrocket. Foreigners could abandon US Treasuries (see note above). Then what? Total mayhem, daddy-o. Game over.
Subprime is a pimple on the fat-ass gambling spree by Wall Street.
Recommend Calculated Risk and Market Ticker (Denninger) for additional reading. Also recommend you get 20% of your portfolio in gold/silver.
tyronebiggums3 3 years ago
David, you're chicken little reference stinks.
Those that pointed to a housing bubble were called chicken little (go read Housing Panic). Ok, now the bubble burst. Were the chicken littles correct? Yes. The problem is bigger than housing--> CDS. Go read about them. So now many of the housing bubble folks are pointing towards the CDS problem. And guess what? Same damn chicken little reference is used. Prolems: Unemployment rising, tax base lowering, currency being de-based, CDS!
tyronebiggums3 3 years ago
I'm in the US. I took up a 30 yr mtg 15 years ago and have been prepaying my house...almost paid for. Now, I'm piling up cash and waiting to see how low home prices go so I can get into a second home and keep the one I have now as a rental. Many here are on the down, but a few like myself are seeing increble buying opportunities. Living frugally is paying off. good video by the way
Estevez123321 3 years ago 2
go buy a Tulip, prices are really low now, bargains to be had. google "Tulip Mania" then get a life ;)
VoodooChew 3 years ago