A lovely rant

Discussion in 'Markets & Economies' started by JulieW, Mar 1, 2012.

  1. JulieW

    JulieW Well-Known Member Silver Stacker

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    Scary but echoes many people's anger.

    http://johngaltfla.com/wordpress/2012/02/26/its-time-to-accept-reality-that-its-too-late/

    It's Time to Accept Reality that it's Too Late

    and for the 2008 view
    Broken Glass
    http://johngaltfla.com/wordpress/2008/09/24/broken-glass/
     
  2. Ilikemetals

    Ilikemetals Member

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    Nice rant :p
     
  3. Trichter

    Trichter Member

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    I don't get it. Central bank balance sheet growth in the US, EU, UK, and Japan since 2008 has been less than $5 trillion, while the collapse in global real estate values alone is significantly larger. Including other asset classes and the trillions to be extinguished in derivative markets, deflationary forces will dwarf any inflation; the wave of defaults should far outpace any "money printing".

    I don't find the article to be a good rant and it arguments, such as they are, are weak at best.
     
  4. Guest

    Guest Guest

    Just to make is clear.

    I didn't write this article.

    Although I've no doubt considering the website name and the general tone and timbre of the article, some might wonder.

    I share the surmation though. The time for 'warning' other people (at least for me) is well and truly fkn over.

    We reap what we sow.
     

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