Expert John Williams Says SEVERE Great Depression is Coming!
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Expert John Williams Says SEVERE Great Depression is Coming!
Expert Fortune 500 advisor John Williams Says SEVERE Inflationary Great Depression is Coming!
Quote, "The worst business cycle since the Great Depression."
Yale's resident economic expert and author of the Schiller Report, Robert Schiller says the EXACT same thing.
http://www.liveleak.com/
Last edited by KaptainSteve on Sun Mar 02, 2008 12:13 pm; edited 3 times in total
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Re: Expert John Williams Says SEVERE Great Depression is Coming!
Ron Paul Gives it to Bernanke!
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Re: Expert John Williams Says SEVERE Great Depression is Coming!
Ron Paul STICKS IT TO BERNANKE!!!!
Accuses him of bailing out Wall Street on the backs of Middle Class America by devaluing the dollar and asks him what moral obligation does he and congress have in doing this!
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Re: Expert John Williams Says SEVERE Great Depression is Coming!
We're in real trouble now. The baby boomers have bled this country dry. They've lived the good life and now we will receive the hangover and worse, have to suffer through the cure.
The baby boomer generation watched and expected house prices to climb. They saw it as some kind of deserved right never realizing that the increasing house prices come at a real cost to someone else, at another time. They never realized because they never wanted to discover the fact that inflation was really causing this increase in "value," just like it is causing increased gas prices now. Excessive entitlement spending and credit by our government and the reckless printing of money by the Federal Reserve has bankrupted this country. We are 9 trillion dollars in debt at this time.
Now that the boomers have lived off the fat of the land, we will be stuck with the tab and now, it's now time to pay.
Look out!
The baby boomer generation watched and expected house prices to climb. They saw it as some kind of deserved right never realizing that the increasing house prices come at a real cost to someone else, at another time. They never realized because they never wanted to discover the fact that inflation was really causing this increase in "value," just like it is causing increased gas prices now. Excessive entitlement spending and credit by our government and the reckless printing of money by the Federal Reserve has bankrupted this country. We are 9 trillion dollars in debt at this time.
Now that the boomers have lived off the fat of the land, we will be stuck with the tab and now, it's now time to pay.
Look out!
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Re: Expert John Williams Says SEVERE Great Depression is Coming!
Bernanke AGREES with Ron Paul on how the US is using overseas inflation of it's currency and currency creation (just printing fiat/fake money) to fund itself. This CANNOT LAST and is swiftly crashing to an end!
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You can't win if you don't pay - right?
Wasn't it the Krapton himself who said, "You can't win if you don't pay?" - hmmm guess it is a good thing to pay now so that we will win later right? I love supporting my parents generation who retired wealthy based on their homes increasing so much and then downsizing and sticking our generation with the high mortgages. Plus now they get Social Security, medicare, ahhhh I feel bad for my Dad and his Lexus. After all he had to work til he was 57.
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Re: Expert John Williams Says SEVERE Great Depression is Coming!
Your question;
"We will win later, right?"
My answer;
"No, Wrong!"
"We will win later, right?"
My answer;
"No, Wrong!"
Last edited by KaptainSteve on Sun Mar 02, 2008 3:53 pm; edited 1 time in total
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Re: Expert John Williams Says SEVERE Great Depression is Coming!
P.S. Through inflation they ARE robbing you of your retirement and future.
You save now, in today's dollars, and when you receive them they will be worth a fraction of what you anticipated.
My NEXT prediction:
The dollar will be devalued officially, or most likely, abolished and replaced w/something else (the "Amero" maybe????) and this will rob EVERYONE of their life's savings and equity right in front of their eyes. Of course, this will be a much needed emergency measure for our own good.
You save now, in today's dollars, and when you receive them they will be worth a fraction of what you anticipated.
My NEXT prediction:
The dollar will be devalued officially, or most likely, abolished and replaced w/something else (the "Amero" maybe????) and this will rob EVERYONE of their life's savings and equity right in front of their eyes. Of course, this will be a much needed emergency measure for our own good.
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