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Old 30-01-2013, 21:31   #31
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Re: Reality is approaching fast....

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Back to video in first OP:

It's an infomercial ... the guy never answers questions directly, refers to truisms like "diversify", and steers people to gold and silver ... which he or his shady business will help you buy if you purchase their how-to book/course somewhere on the web, or worse they will sell you gold or silver contract for the outrageous commission, or in the worst case they will sell you a fake contract. Stay away ...
Actually he's selling real estate.>>>> Galt's Gulch Chile, expat community, Atlas Shrugged, Ayn Rand

http://www.galtsgulchonline.com/post...carlos-a-gomez
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Old 30-01-2013, 21:47   #32
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Re: Reality is approaching fast....

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So if the USA, Canada and Japan don't have any gold left, where is it? That would be the place to be!
If the S really hits the fan it won't matter who has the gold, it's the folks that can grow food and have water that will be 'rich'.
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Old 30-01-2013, 21:59   #33
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Re: Reality is approaching fast....

No, it will be the people who own land and water that can hire the slaves to grow the food that will be rich.
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Old 30-01-2013, 22:08   #34
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Re: Reality is approaching fast....

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Pretty much. However it doesn't mean that the ideas expressed are not valid arguments.
Variation on "Just because you are paranoid doesn't mean you don't have enemies.

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And in a consumer financial model there seems to be no way out. If you work to lower debt then you lose jobs and the economy suffers. If you do nothing then the debt continues to sky rocket. Some people think that the way out of a financial crisis is to start a war. Another way out is another Great Depression. Oh, that was ended by a war wasn't it...
The normal way out is raising taxes, inflation, war or default. Since the last is precluded legally and the last 2 wars haven't turned out so well, I think those two options will be off the table. That leaves taxes and inflation, and I think we will get a bit of each.

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Nope, stone cold sober. For all my jests about rum and whatnot, I never drink to excess. It's simple really....what happens when we can't borrow ourselves out of debt anymore? Think the creditors will forget about their, er, "investment"?. Defaulters will eventually pay, and this bill is big. Somehow, all our names got signed to it, too...
Taxes and inflation.
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Old 30-01-2013, 22:09   #35
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Re: Reality is approaching fast....

Except in this wild fantasy of the collapse of civilization as we know it, the land and water will be owned by the gang with the most guns.
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Old 30-01-2013, 22:14   #36
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Re: Reality is approaching fast....

Not only this is off topic, it is against our rules... no politics.

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