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Economic Trainwreck Dead Ahead

Discussions about the economic and financial ramifications of PEAK OIL

Economic Trainwreck Dead Ahead

Unread postby deMolay » Thu 24 Sep 2009, 08:27:22

Very well thought out commentary on the plight of the US and G8 countries. http://www.24hgold.com/english/contribu ... 8120G10020
"We Are All Travellers, From The Sweet Grass To The Packing House, From Birth To Death, We Wander Between The Two Eternities". An Old Cowboy.
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Re: Economic Trainwreck Dead Ahead

Unread postby TreeFarmer » Thu 24 Sep 2009, 09:02:17

Is the author of that site pushing you to buy gold from a specific vendor or, is he just puching gold in general. He did a a couple of great one-liners.

TF
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Re: Economic Trainwreck Dead Ahead

Unread postby deMolay » Thu 24 Sep 2009, 16:05:33

Not pushing anything on me, I picked it up from a news aggregator site.
"We Are All Travellers, From The Sweet Grass To The Packing House, From Birth To Death, We Wander Between The Two Eternities". An Old Cowboy.
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Re: Economic Trainwreck Dead Ahead

Unread postby TheAntiDoomer » Thu 24 Sep 2009, 16:50:27

Image

c'mon who wouldn't trust that guy?
"The human ability to innovate out of a jam is profound.That’s why Darwin will always be right, and Malthus will always be wrong.” -K.R. Sridhar


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Re: Economic Trainwreck Dead Ahead

Unread postby mos6507 » Thu 24 Sep 2009, 16:59:30

deMolay wrote:Not pushing anything on me, I picked it up from a news aggregator site.


News aggregators don't do a very good job of filtering out conflict-of-interest, bias, or propaganda.
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Re: Economic Trainwreck Dead Ahead

Unread postby Revi » Thu 24 Sep 2009, 21:05:25

This was a scary article, but I always take the goldbugs predictions with a grain of salt or two. They have been predicting the end of the world at least since 2000, when I started to pay attention.

The charts in the article are certainly impressive, though.

The fed is issuing an amazing amount of paper to stay afloat.

Very entertaining economic doom.
Deep in the mud and slime of things, even there, something sings.
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