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Old 07-15-2014, 09:51 PM
 
Location: Wisconsin
336 posts, read 348,081 times
Reputation: 235

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Many financial experts (here!) believe that the present stock market is an illusion
a carrot driven by the deceptive and scam artists of the Federal Reserve. The market
will collapse in spite of there magic late this fall and in 2015 (another Shemittah)
the actual collapse of the American economy (that will not set well with our mortage holder
China (must we now eat dog?) Anyway, as the lies about the "real" debt plays us for
suckers of affluencia disease that makes us fools ,we discover (too late) that the national
debt is 80 trillion !!!! (once projected with entitlements,interest and fraud) So with
that rant of wisdom I share with the cluless lets "prepare" change the locks, buy
emergency food, Seyschell water filters, one shotgun and a 9 mm with a lock box.
prepare for marshall law,anarchy, looting,being hunted for your stuff (food not
worthless money). If I'm wrong..........nevermind

References: William Forstchen, Micheal Maloof, John Shorey, William Koenig,
Paul Wiliams, Larry Bates,Rick Joyner,Frank Davis, Glenn Beck,
Jim Bakker Joel Rosenburg.
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Old 07-19-2014, 12:36 PM
 
Location: NE Mississippi
17,633 posts, read 10,414,377 times
Reputation: 24630
Quote:
Originally Posted by Inattentive View Post
...............References: William Forstchen, Micheal Maloof, John Shorey, William Koenig,...Paul Wiliams, Larry Bates,Rick Joyner,Frank Davis, Glenn Beck,
Jim Bakker Joel Rosenburg.
Not an economist on your list that I could find. An historian, some religious promoters, some I consider entertainers more than anything else, and one with a name so common I am not sure who you are referring to.

Some stocks are truly over valued, I believe, but there is nothing illusional about the profit generated by many stocks that are publicly listed. Unless you believe that money itself is an illusion.
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Old 07-20-2014, 09:15 PM
 
323 posts, read 374,589 times
Reputation: 183
Stock mkt can be manipulated. So can our tax rates. Prepare for higher taxes! Its coming to a theter near you. Someone has to pay for socialism.
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Old 07-20-2014, 09:24 PM
 
28,461 posts, read 75,149,554 times
Reputation: 18518
I remember that as the financial markets really were engaged in panic during the early fall of 2008 there were lots of lunatics predicting some kind of armageddon. I got a real kick suggesting that folks stockup on firearms and such.

Meanwhile I bought the undervalued stocks and have done pretty darn well, way better than any short sellers over the same period.

The OP and others like 'em can retreat to their bunkers with their homemade bullets and freeze dried food, as for me I'll keep my subscription to IBD...
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Old 07-21-2014, 10:01 PM
 
Location: Saint Johns, FL
1,433 posts, read 1,136,128 times
Reputation: 1437
End of America's economy? I don't think so. In fact I predict a whole new economy built about 27-28" inseams.......

Like to test market "27-28" lnseam jeans and slacks
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Old 07-22-2014, 05:51 AM
 
1,181 posts, read 1,470,638 times
Reputation: 1694
China doesn't have that much of our debt, there are few experts on anything here at CD (lots of great amature advice, but not too many paid professionals who are experts in their field), and the people that drum up the need to horde and the ones seeling hordeables...

Is it good to have food reserves, yes. But because you are scared of economic collapse, not as likely as a storm, earthquake or some other event that temporarily interrupts good or fuel supplies.
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Old 07-23-2014, 04:01 AM
 
19,208 posts, read 25,323,488 times
Reputation: 37006
Quote:
Originally Posted by ohhboy View Post
Stock mkt can be manipulated. So can our tax rates. Prepare for higher taxes! Its coming to a theter near you. Someone has to pay for socialism.
and we have a winner-answer!! good post!!

since perception is reality,

this is my prediction

the stock market is inflated, because "reality" has been post-poned

the media has circled the wagons so much with this administration - they shouldn't have ANY credibility left whatsoever - but here's what's going to happen

a republican will win the presidency, and then all the sudden reality will set in,,,and the media will not protect, but impune this president....and there will be a constant drumbeat of doom & gloom on the nightly news - that will scare the hell out of the public -even if it is better than it is now- it doesn't matter, its perception of the liberal media
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