Recovery... unless the rules change
Uploader Comments (jpalme2000)
Top Comments
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I think you are a little off base this time John. I think the economy will continue to deteriorate, We'll see depression-like economic data coming out soon (10%+ unemployment). I don't know what's going to happen for sure, no one does, but I do know this:
The Economy in the last 10-20yrs created an illusion of prosperity (due to consumer credit). The next 10-20yrs will not be like the last 10-20yrs. We have a lot of problems to solve and I think we are entering a DEPRESSION. Please comment...
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we will see a false rally in the main markets
Obama is steping on the quant easing accelerator & the usd has topped and will crash into november
Jobs being created are only debt producing jobs & outsrccg jobs nvr retrn
Green tch is more money in than out--so more debt Tbonds are already shaky -the Chinese say no more & when oil rises its over unemployment is just beginning
markets corrections of Assets subverted by Fed thus more debt more taxes
Bretton Woods II = no constitution
All Comments (40)
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NO MORE VIDEOS? :( :( :( :(
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Ha ha yes the September / October part was in correct
The collapse is going to even worse than i thought.
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Ouch, that chicken didn't come to roost.
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like the angle, whats going to happen next????
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Gold not a good investment? Really called that one good John... You're "recovery" scenario might have played out decently for the last couple months but those short term patches are revealing the long term problems. It's all about the dollar John...
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By september/ october the stock markets will have collapsed.
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What koolaid have you been drinking lately?
for like a year you talk about it crashing and things keep getting worse and worse and here we are when it seems to be busting at the seems and you say its going to get better?
Little too positive Lol
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Where the hell are you!!!!!!!!!!!! MIA
If you got FLOODS going on then I guess you'd be optimistic of any positve moves in the markets. hehe
dontswin 2 years ago
Yup, I'm a pretty positive guy nowadays. The market bottomed out like I thought and is climbing up. Like all markets, it's going to go up and down. It really depends on the Commercial Real Estate market and how it works out.
Ballroom dancing does that to a man.
jpalme2000 2 years ago
did you invest in euro?
joshrain1 3 years ago
Last year, yes. I'm in Swiss Francs.
jpalme2000 3 years ago
Good luck trying to go against the path of least resistance.
I highly disagree as I use the Mayan Calendar to predict my future and it says a complete monetary collapse. The stock market is going to lose well over 50-100% of its current value (inflation adjusted) in the next few years.
The unemployment (unslavery) rate is around 20% and on its way to 30% and 40% and higher.
I recommend you watch the Zeitgeist Series when you are ready to wake up to truth.
endlessmountain 3 years ago
I'm always have my own opinions about what is going on, which sometimes don't agree with the rest of folks.
I've already seen the Zeitgeist series a while back.
jpalme2000 3 years ago