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Bill Bonner: The Great Cycle Of Debt - Aug. 13

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Uploaded by on Aug 9, 2011

Is a recovery possible by adding more debt? Produced by: http://www.HoweStreet.com. Thanks for Subscribing!

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  • @jamesjjjspike Yes, this wallpaper is sweeeet! LOL It's the only thing that kept me engaged in this vid for sure.

  • @jamesjjjspike Today's Daily Reckoning discusses how Merkel's and Scarkozy's would like to blame the peripheral states were "lounging in the sun" while they were being so responsible. In reality only the Czech and Poland satisfied Maastricht Treaty. "Not that we necessarily blame the Greeks. No. The Gov. of Athens was only doing what all Governments do." You could be in San Diego, Ca. in a Country that is going broke in both a welfare state&empire. I rather go broke on Holiday laying about.

  • Dude I gotta get me some of that manganese

  • The "lay about in Greece"...up until that point i was 50/50 on what this guy was saying, sorry but Bonner is a PRICK!! (yes im greek) love the wallpaper though.

  • The one thing I have never quite understood was how a clear picture of such things never seems to take hold in the public's mind. Can they not see how much their costs keep going up? Is this a failing of clear thinking people to project their views adequately?

  • Finally someone who realizes that the USD is the worst currency of them all and that the Euro is the best.

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