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kcs0001
Joined: 24 Jul 2005
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 Posted: Tue Feb 17, 2009 2:29 pm Post subject: Economic Depression |
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Things are bad for those of us who have been investing for the last few years. I wish for the best. For those of you invested in REITs please watch the Gerald Celente clip.
Again, I am not a conspiracy guy. http://www.youtube.com/watch?v=9nJ7LM3iyNg |
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Ya-ta Boy
Joined: 16 Jan 2003
Location: Established in 1994
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| Posted: Tue Feb 17, 2009 3:28 pm Post subject: |
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That was fun.
My first question is how much of this fear-mongering is self-fulfilling?
Was the Great Depression really worse than the collapse of Western Civilization when the barbarians destroyed the Western Roman Empire and set off the Dark Ages?
We're going to have revolution in the streets but in the meantime get jobs in health care and alternative energy. |
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Jeff's Cigarettes
Joined: 27 Mar 2007
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| Posted: Tue Feb 17, 2009 3:31 pm Post subject: |
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| I want to sell firearms online. |
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kcs0001
Joined: 24 Jul 2005
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| Posted: Tue Feb 17, 2009 3:36 pm Post subject: |
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| Self-Fullfilling? I am a poor US Navy retiree. Check the Vanguard REIT index VGSIX. |
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Beeyee
Joined: 29 May 2007
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| Posted: Tue Feb 17, 2009 3:44 pm Post subject: |
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| Gerald Celente knows his stuff. You can almost take his words as gospel. |
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kcs0001
Joined: 24 Jul 2005
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| Posted: Tue Feb 17, 2009 3:45 pm Post subject: |
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| Arigato |
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creeper1
Joined: 30 Jan 2007
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| Posted: Tue Feb 17, 2009 4:39 pm Post subject: crap |
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This guy claims to have some insight but I don't buy his claims. He is being a sensationalist. Isreal attacking Iran? World War 3 starting out? Get lost!
He says healthcare and renewable energy are the industries to be in. He may be right about the first but I'd say he's off with the second.
He forgot to advise people of ESL. That's an industry that I'm in and I aint seen any pay freeze. I seen a pay rise! HA HA!
No recession for me!! Ha! Ha! |
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jdog2050
Joined: 17 Dec 2006
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| Posted: Tue Feb 17, 2009 4:53 pm Post subject: Re: crap |
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| creeper1 wrote: |
This guy claims to have some insight but I don't buy his claims. He is being a sensationalist. Isreal attacking Iran? World War 3 starting out? Get lost!
He says healthcare and renewable energy are the industries to be in. He may be right about the first but I'd say he's off with the second.
He forgot to advise people of ESL. That's an industry that I'm in and I aint seen any pay freeze. I seen a pay rise! HA HA!
No recession for me!! Ha! Ha! |
Well if you don't like Celente, here's Peter Schiff. He's much more sober. Mind you though, Celente has been right more than he's been wrong. In the first clip there's "technical difficulties" once he starts talking about the Federal reserve. In the second clip, Reagan's "trickle down" guy turns out to be completely wrong. Clip three is Schiff pwning several people.
http://www.youtube.com/watch?v=NgWoECStxpI
http://www.youtube.com/watch?v=9BND3F1KfZ0&feature=related
http://www.youtube.com/watch?v=Aq1N70vym1g&feature=related |
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