Glenn Beck..."The Great Depression Ahead" Part 2
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@Ooloosoon Do you remember when the doctor explained why it's very important that you take your meds? He wasn't kidding. I know you don't believe me...but it's true. Remember how he explained that you'll know something is "wrong" when you use more than 5 "o's" in your screenname? come on Ooloosoon...put down your paper on how "They Live" is a metaphor for the media controlling us and start contributing to our society. Please...we need everyone!
Mattrevik 1 year ago
America has been bankrupt since 1791 at least
every 70 years it comes due and must be refinanced
1791 1861 1931 2001
correlate those dates to historic events and see the real plight of the American people .
dave777blaster 2 years ago
Ah ok
that would make more sense
dave777blaster 2 years ago
@dave777blaster
I think he means the U3 number which would mean real unemployment is like 28%. I think he misspoke when he said that many people would still have jobs.
bestgtor22 2 years ago
Back in the 1980's, I did a term paper on the great depression. I interviewed three people that lived during 1930's. Yes, they all stated unemployment was 25% then.
b5kalad 2 years ago
Unemployment is not at 18% when it comes to the numbers he is using, which are the government U3 numbers. Yes, U5/U6 are around 18% but U3 is much lower. His claim of 17% to 18% unemployment (U3) is only a forecast. Forecasts change and he is only human. Focus more on his general expectations as opposed to getting the numbers 100% accurate. 18% U3 would be like 23%-24% U5/U6 as a guesstimate.
high5flyer 2 years ago
The Last Depression was a PLANNED EVENT..(if you dont already know that then type in "The Money Masters" and WATCH THOSE WELL SOURCED VIDEOS..they SHOW IT WAS)
The BANKSTERS who TOOK CONTROL of this (once free) nation in 1913 with their "Federal Reserve" SCAM..CREATED and USED..the Last Depression to FORCE MAJOR CHANGES IN THIS COUNTRY (think LESS FREEDOM..more BANKSTERS CONTROL)
The BANKSTERS have been VERY CLEAR their GOAL is "One World Government" (ruled by THEM)
THATs the GOAL HERE
Ooloosoon 2 years ago
25% UNEMPLOYMENT IN 1929- 30
plalelal 2 years ago
dow 40 000...
binet76 2 years ago
Dent is a deflationist. He believes that all risky assets will fall. You want to sell all your assets and hold cash and government bonds.
Beck is a hyperinflationist. He is afraid that the dollar will collapse, because of the printing. In that case you dont want in cash or government bonds, but in real assets like gold, commodities, equities, and houses. Also, you want to make MORE debt (with a fixed rate), because debt will become cheaper to repay in hyperinflationary conditions.
s00ted 2 years ago