no doubt , USA will collapse , worse than USSR, and then possibly have civil war, after with baboons like Bush , this was bound to happen
Analyst says USA could end up with inflation like Zimbabwe and collapse, page 1
privacy
Pages:
ATS Members have flagged this thread 2 times
ATS Members have flagged this thread 2 times
Topic started on 24-9-2008 @ 03:26 AM by manson_322
interesting , analysts believe that USA is heading the way of Zimbabwe in terms of hyperinflation ....
Zimbabwe has inflation of 1000+ % , if such inflation hits USA, the US economy is guaranteed to collapse
Peter Schiff says the market must be left to deal with the mess, and Government intervention will merely delay the inevitable reckoning and lead to a far worse crash.
He spoke to Stephen Long.
PETER SCHIFF: Well I don't think it's gonna rescue us from anything.
I think what we're doing is the equivalent of selling our financial souls to the devil, because it was the government that got us into this mess.
It's Henry Paulson, it's Ben Bernanke and his predecessor Alan Greenspan, they created this mess, not the free market and there's no solution that involves more government. And there's certainly no solution that involves more inflation.
I mean if we think we can solve our problems by creating inflation, we ought to send some of these guys down to Zimbabwe to see how well it's working out for them.
STEPHEN LONG: You're not suggesting that America could end up in a situation like Zimbabwe with totally out of control inflation?
PETER SCHIFF: No, no… Yes I am. I'm not only suggesting that, I'm saying that.
STEPHEN LONG: Why do you think that that's the case?
PETER SCHIFF: Because that's all we've got. You know, if we keep creating money, maybe another couple of trillion dollars to try to buy up all these mortgages that never would have existed if it wasn't for number one; the Federal Reserve keeping interest rates much too low and then the government interfering in the housing market with entities like Fannie Mae and Freddie Mac, which insured all these mortgages and which allowed all these crazy mortgage products to come into existence, they never would have existed absent these government guarantees.
www.abc.net.au...
interesting , analysts believe that USA is heading the way of Zimbabwe in terms of hyperinflation ....
Zimbabwe has inflation of 1000+ % , if such inflation hits USA, the US economy is guaranteed to collapse
reply posted on 1-12-2008 @ 10:55 PM by rattan1
Originally posted by sadchild01
no doubt , USA will collapse , worse than USSR, and then possibly have civil war, after with baboons like Bush , this was bound to happen
Yes you are right. Just like the USSR they will break up. I recently posted a prediction made by a Russian professor who predicted the economic crash and the breakup of the US.
Link
The US may still have one Chance........ The Amero
reply posted on 2-12-2008 @ 12:00 AM by Dbriefed
Zimbabwe agrees with Peter Schiff:
>> Global Meltdown >> Reserve Bank of Zimbabwe Commends US and UK Authorities for Following Its Lead
www.abovetopsecret.com...
>> Global Meltdown >> Reserve Bank of Zimbabwe Commends US and UK Authorities for Following Its Lead
www.abovetopsecret.com...
reply posted on 2-12-2008 @ 12:52 AM by stander
Originally posted by manson_322
STEPHEN LONG: You're not suggesting that America could end up in a situation like Zimbabwe with totally out of control inflation?
PETER SCHIFF: No, no… Yes I am. I'm not only suggesting that, I'm saying that.
What an insult! Peter Shiff doesn't suggest things; when Peter Shiff open his mouth he means it.
But what about the other anal... whatever?
"The demand is coming from either convexity buying needs or real fears of deflation," said Andrew Brenner, senior vice president at MF Global in New York.
Economists have expressed concern recently that rapidly falling prices for certain commodities like crude oil will lead to deflation.
money.cnn.com...
So what are we gonna do; inflate or deflate? Huh?
Maybe we should start with shutting up those incompetent nostradamuses who contradict each other whenever they open their wise hole.
[edit on 12/2/2008 by stander]
Pages: ^^TOP^^
Proponents of Gold Standard May Be Violent Extremists; Report ALL Suspicious Activity To the FBI
Posted 4 days ago with 44 member flags
Posted 4 days ago with 44 member flags
EU financial dictatorship agreed to by EU ministers last night
Posted 19 days ago with 17 member flags
Posted 19 days ago with 17 member flags
Newest topics, updated in real-time:
Newest topics getting flags, in real-time:
Renowned Geophysicist Says Strange Sky Sounds Are Real
Breaking Alternative News, Posted 10 hours ago, 26 flags
Breaking Alternative News, Posted 10 hours ago, 26 flags
CPAC; Ron Paul won 2 years in a row; they change to electronic voting and he comes in 4th today?
US Political Madness, Posted 7 hours ago, 23 flags
US Political Madness, Posted 7 hours ago, 23 flags
ATS Live: 96: Super powers, Falklands Woes, Stan Deyo Interview, Syria, Telepathy, The Devils Chord.
ATS Live, Posted 11 hours ago, 19 flags
ATS Live, Posted 11 hours ago, 19 flags
Book of Thoth. Secret Societies. truth seekers This is a good read!
Philosophy and Metaphysics, Posted 10 hours ago, 17 flags
Philosophy and Metaphysics, Posted 10 hours ago, 17 flags
Parenting 101: how to instill respect for others.
Social Issues and Civil Unrest, Posted 14 hours ago, 16 flags
Social Issues and Civil Unrest, Posted 14 hours ago, 16 flags
The One Party System replaces the Two Party system in the U.S.
Above Politics, Posted 14 hours ago, 12 flags
Above Politics, Posted 14 hours ago, 12 flags
Newest topics getting replies, in real-time:
Parenting 101: how to instill respect for others.
Social Issues and Civil Unrest, Posted 14 hours ago, 129 replies
Social Issues and Civil Unrest, Posted 14 hours ago, 129 replies
First thread, Possible Ghost picture I took myself, Would appreciate your opinion on this.
Paranormal Studies, Posted 10 hours ago, 75 replies
Paranormal Studies, Posted 10 hours ago, 75 replies
Why Argentina WILL Invade the Falklands & How Iran are Involved
General Conspiracies, Posted 13 hours ago, 71 replies
General Conspiracies, Posted 13 hours ago, 71 replies
Second most devastating oil spill? Massive oil spill in Venezuela
Fragile Earth, Posted 15 hours ago, 52 replies
Fragile Earth, Posted 15 hours ago, 52 replies
Minus -18 in uk last night expected to drop even lower
Fragile Earth, Posted 17 hours ago, 41 replies
Fragile Earth, Posted 17 hours ago, 41 replies
The Above Top Secret Web sites are a
wholly owned social content community of
The Above Network, LLC.
This content community relies on
user-generated content from our member contributors.
The opinions of our members are not those of site ownership
who maintains strict editorial agnosticism and simply provides
a collaborative venue for free expression.
ATS Server: www2.theabovenetwork.com
Header data: 0.003 seconds
Page processed in: 0.067 seconds
wholly owned social content community of
The Above Network, LLC.
This content community relies on
user-generated content from our member contributors.
The opinions of our members are not those of site ownership
who maintains strict editorial agnosticism and simply provides
a collaborative venue for free expression.
ATS Server: www2.theabovenetwork.com
Header data: 0.003 seconds
Page processed in: 0.067 seconds
