Cramer....it is OVER!!!

Video response from a Harvard MBA

Category:

News & Politics

Tags:

• Jim
• Cramer
• Federal
• reserve
• armageddon
• foreclosures
• fed
• credit
• ron
• paul
• manoftruth
• man
• of
• truth
• brent
• long
• predictions
• 1997
• stock
• market
• collapse
• harvard
• mba

[boosuff]

what do you think will happen to the dollar? From my understanding the fact that the Federal Reserve can print money from thin air, charge Americans interest on that, and all this as our economy continues its downward slide? The only safe bet would be something like gold of silver? any thoughts?

[manoftruth]

Correct thinking. Food will end up being more valuable than gold.

[justingsmith]

The fed has infact lowered rates 1/2 last month, and everyone was wanting 3/4 .Then an emargency rate cut 3/4 and another 1/2exspected by the end of the month.I like this guy, dont get me wrong. But the facts are this videos prodictions are wrong in terms of intrest rates forcasting.

[manoftruth]

So far they have lowered. True I was wrong on that one. But let's continue to watch interest rates, price of wheat, gold, corn, oil, gas, etc. And of course jobless rates, core inflation, actual inflation, yield curve, 30 year bond, PE ratios, libor, mortgage rates, housing starts, foreclosure rates and numbers, CDO's, ECB, the fed, the DAX. CAC, and the Asian indexes, the QQQ, Nasdaq, S&P and a few other hundred indicators...aside from studying all major world religions,

manoftruth

[pelapo]

You are a very wise man:)

[manoftruth]

Gracias.

[khepera89]

I think you mean dead right???

[nomoreheroesanymore]

Pretty inspiring to listen to formal education being used properly - ie to think for oneself. Much respect for your thoughts, and your courage in putting it out there.

In Ireland, we're stiffed already re property. Sheeple everywhere last few years. And we depend so much on US multinationals operating here. The message is coming through now though, redundancies etc.

Anyway, thanks again man, and good luck.

[NathaliaArroyo]

Hey, I called the LDS Church and asked them what they thought of the MLM industry...they said that they advise their members against it...yet they take 10% tithing from Blake Roney, Craig Tillotson, Creg Bryson and all the other scammers, especially Nathan Ricks... I guess it all started with a pedophile who looked at rocks in a hat and made up the Book of Morom...

[Keithattal5]

That's what I don't really understand, why do we as America send moner over seas, while we have needy peeople and problems right here in our on country? Please comment on my questions if you have time!

[coltsfancolts]

holy shit you were right lol

[SLOPPYVOMIT]

Debt is not such a bad thing. I'm a business owner and know that I can't survive without it. If you have a home (not an apartment or rental) you also have debt. The real issue is how much debt in comparison with income. It wouldn't surprise me that the largest world economy also has the world's largest debt. As for the printing of money, check the Treasury department site. Every week the money supply is published. Since the money supply is not through the roof, I don't see the inflation.

[puapake]

The US has become the largest debtor nation in the world. What makes me nervous is we are now printing money to finance ourselves, the most common denominator among countries which have experienced hyperinflation.

[SLOPPYVOMIT]

I can go back 200 years and document the rants of doomsayers and chicken littles. Im sure this trend will never stop. However, in spite of all the negative B.S. people so desperatle need in their lives, The United States has become the strongest, wealthiest country in the world.

[Mongodelight]

what do you think will happen in europe? The same like in the US or much less armagedon?

[Mongodelight]

i wish i would have received these informations 2007. Damn it. know i finally bought gold and silver.

[krist300]

I just wish i would have listened to MOT a 3 months ago, i would have saved myself 17k, I though living in Canada would make things different, boy was i wrong.