Donate Bitcoin

Donate Paypal


PeakOil is You

PeakOil is You

Max Keiser says $7 tril not enough, would take at least 20

Discussions about the economic and financial ramifications of PEAK OIL

Max Keiser says $7 tril not enough, would take at least 20

Unread postby Sixstrings » Mon 24 Nov 2008, 19:09:45

http://www.youtube.com/watch?v=PSTt3wEDSbU

He's also saying the dollar will lose half it's value.
User avatar
Sixstrings
Fusion
Fusion
 
Posts: 15160
Joined: Tue 08 Jul 2008, 03:00:00

Re: Max Keiser says $7 tril not enough, would take at least

Unread postby cipi604 » Mon 24 Nov 2008, 20:03:33

Max is a smart man with big balls. Regarding the 50% drop in value, he's optimist in comparison with Peter Schiff, which believes will go down maybe more than 80%.
User avatar
cipi604
Tar Sands
Tar Sands
 
Posts: 818
Joined: Tue 14 Aug 2007, 03:00:00
Location: Montreal Canada

Re: Max Keiser says $7 tril not enough, would take at least

Unread postby mefistofeles » Mon 24 Nov 2008, 20:42:26

At some point I think the Dollar collapse will be highly disorderly. If the dollar were to lose half of its value, or even 40% of its value in a short period of time, let's say a year, the market for dollars would collapse.

No one, at least in their right mind, would want to hold onto something that's falling like a rock. At that point dollar bills would probably more useful as kindling for fires.
User avatar
mefistofeles
Coal
Coal
 
Posts: 420
Joined: Mon 21 Mar 2005, 04:00:00

Re: Max Keiser says $7 tril not enough, would take at least

Unread postby Sixstrings » Mon 24 Nov 2008, 22:13:31

What freaks me out about Keiser, though, is that he's a 911 conspiracy believer. Something about how the towers conveniently collapsed on a building that had all the ENRON records.

So much of the financial things he's saying ring true to me.. when he throws in really controversial views on other things, my brain does a short-circuit.
User avatar
Sixstrings
Fusion
Fusion
 
Posts: 15160
Joined: Tue 08 Jul 2008, 03:00:00

Re: Max Keiser says $7 tril not enough, would take at least

Unread postby scienceteacher » Mon 24 Nov 2008, 23:19:48

@sixstrings

What's the problem?

1. Enron documents were held in WTC7
2. WTC7 not hit by plane.
3. Weinstein (owner of WTC7) did say "we decided to pull the building"
4. Building WTC7 collapsed as planned.

It's quite simple really. We've been had.

It's over - bye bye dollar.

Get ready for the ride of your life - starts 1/1/09

Got gold - REAL gold? Bet not!
User avatar
scienceteacher
Peat
Peat
 
Posts: 70
Joined: Thu 06 Apr 2006, 03:00:00

Re: Max Keiser says $7 tril not enough, would take at least

Unread postby jasonraymondson » Mon 24 Nov 2008, 23:38:03

scienceteacher wrote:@sixstrings

What's the problem?

1. Enron documents were held in WTC7
2. WTC7 not hit by plane.
3. Weinstein (owner of WTC7) did say "we decided to pull the building"
4. Building WTC7 collapsed as planned.

It's quite simple really. We've been had.

It's over - bye bye dollar.

Get ready for the ride of your life - starts 1/1/09

Got gold - REAL gold? Bet not!


That is why I am going to start hunting gang bangers... their grills are 100% 24KT Gold
jasonraymondson
Permanently Banned
 
Posts: 2727
Joined: Wed 04 Jul 2007, 03:00:00
Location: Peace Out

Re: Max Keiser says $7 tril not enough, would take at least

Unread postby Micki » Tue 25 Nov 2008, 02:25:14

scienceteacher wrote:@sixstrings

What's the problem?

1. Enron documents were held in WTC7
2. WTC7 not hit by plane.
3. Weinstein (owner of WTC7) did say "we decided to pull the building"
4. Building WTC7 collapsed as planned.

It's quite simple really. We've been had.

It's over - bye bye dollar.

Get ready for the ride of your life - starts 1/1/09

Got gold - REAL gold? Bet not!


Silverstein, Larry Silverstein.
Pull it



Anyone else thinks that scienceteacher sounds a lot like roccman?
Micki
 


Return to Economics & Finance

Who is online

Users browsing this forum: No registered users and 9 guests