Nicole Foss - are you facing an economic implosion?

"Despite Australia's 'soft' experience during recent tough times in Europe and the US; Nicole believes we're about to face the same kind of economic conditions.

Australia's resource boom is intrinsically linked to China's economic success - which she says is waning."

http://blogs.abc.net.au/queensland/2012/02/nicole-foss-are-you-facing-an-economic-implosion.html

 

Good interview. Thanks for posting.

 

Thanks for the post.... this is something to few people are thinking about{ probably linked to too few people thinking at all}.

 

thanks for the post very interesting.

 

Just a heads up anyone wanting to catch her, Australian speaking tour dates are here. Found out she was in Bris the day after

 

Unless you are a newbie to the concept of peak oil production, I wouldn't waste my time seeing her. Especially since they stopped running the little train up at the Big Pineapple.

Her opinions on personal investment are strictly deflationary based, she eschews gold and silver and recommends to all her followers that they put the bulk of their savings into physical cash and short term treasuries. She has held that stance for some years now and cost her adherents a fortune in the process as the US dollar collapsed and gold went higher and higher. It's like listening to Robert R Prechter, Jr who has been wrong on gold for a decade now. "Idiot" Foss is an academic from the British ivory towers and possesses no real world experience, she is a lot like Ben Bernanke in that respect.

You can download her FSN interview here.
http://www.financialsense.com/finan...rsonally-prepare-for-the-coming-perfect-storm

Personally I find her boring, but perhaps some of the ladies on the forum will disagree with me on this.


Edit:
Important Update.

http://viewnews.com.au/sunshine-coast/2011/markets-back-at-the-big-pineapple-451201/

Last year, the final whistle blew on the big pineapple train, the final pineapple parfait was eaten and the weekly growers market packed up shop as the iconic tourist spot closed its doors.

But, with the pineapple now clean, anticipation is at fever pitch as the Suncoast Growers Markets get ready to call the Big Pineapple home once again as part of the historic fruit's resurgence.

The Suncoast Growers Markets will move back to the pineapple tomorrow, 5 November after a year at its temporary location in Woombye...