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Shady is saying the same thing that all the rest of us have been saying; debt destruction followed by reflation/hyperinflation. He is calling the debt destruction deflation; that's the difference. The ...

Jim, you da man. He is spot on. It's going to be inflation; you've just got to give it time to rear its ugly head.

http://i37.tinypic.com/14tleeo.jpg

Fred here suggests that we've got somewhere between 2 and 6 months before the dollar begins its long sink into the abyss and hyperinflation kicks in.

Confusion reigns: A crisis-driven global rush t ...

Tulving is apparently out of everything, VC. In the situation we've got, where the price is abnormally manipulated downward, the price of gold will be cheap, but you won't be able to get any.

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CEO --Chief Embezzlement Officer.

CFO-- Corporate Fraud Officer.

BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius.

BEAR MARKET -- A 6 to 1 ...

http://www.peakoil.com/fortopic37248.html

Bump. You know it's a recession when . . . .

Lots of witty responses.

Are we having fun yet? Got gold yet?

Here is how the Supplementary Financing Program is alleged to work. The U.S. Treasury Department sells Treasury securities in a public auction and deposits the ...

We were all hoping to see the woman augur in nose first, and were deeply disappointed when she didn't. The Margaritas at the Beartooth in Anchorage went a long way towards softening the blow. We had a ...

In times past, credit was established locally, by people who knew each other and knew their respective markets/communities; knew the interconnected nature of the local economies.
That era was when th ...

I read all of Susanka's books when we designed our house. They were useful for design ideas such as how to use built-ins, but her examples were still way too big from a peak oil perspective. She lost ...

It sure looks like Ireland's contribution of screwing around will f*ck the Euro currency up some.

Yes, Forney, the Europeans are all going to have to decide to march together because of the Euro. ...

It is the most dramatic and comprehensive bank bail-out in Europe since the Scandinavian rescues of the early 1990s and may serve as a model for Britain and other countries that so far have been muddl ...

I've got to go with the slow crash meme, Rocc. Things always take longer than you think in a large, complex system. We have lots of buffers, lots of waste that can be removed from the system. But it w ...

It's important to remember that hyperinflation is mostly a psychological phenomenon that employers have to buy into as well.

Hyperinflation is only as psychological as that "mental recession" that ...