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Marc Faber/Many people will be caught with their pants down.."The Dollar's Value In The Future Will Be ZERO"

 
Anonymous Coward
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07/20/2012 07:19 PM
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Marc Faber/Many people will be caught with their pants down.."The Dollar's Value In The Future Will Be ZERO"
Marc Faber : “Massive wealth destruction coming,” Marc Faber warned in an interview on CNBC in 13 July 2012 , The Super-Rich “may lose up to 50 percent of their total wealth.”
“Somewhere down the line we will have a massive wealth destruction. That usually happens either through very high inflation or through social unrest or through war or credit-market collapse.”
[link to marcfaberblog.com]

5adance
Anonymous Coward
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07/20/2012 07:21 PM
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Re: Marc Faber/Many people will be caught with their pants down.."The Dollar's Value In The Future Will Be ZERO"
Alas, do ANY of these pundits ever consider the cause and effect of said collapse on the social structure? Total collapse, chaos, destruction, etc.
Anonymous Coward
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07/20/2012 07:26 PM
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Re: Marc Faber/Many people will be caught with their pants down.."The Dollar's Value In The Future Will Be ZERO"
Marc Faber : “Massive wealth destruction coming,” Marc Faber warned in an interview on CNBC in 13 July 2012 , The Super-Rich “may lose up to 50 percent of their total wealth.”
“Somewhere down the line we will have a massive wealth destruction. That usually happens either through very high inflation or through social unrest or through war or credit-market collapse.”
[link to marcfaberblog.com]

5adance
 Quoting: Anonymous Coward 20178099


Faber knows his shit !! Beware something is coming !!
Anonymous Coward
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07/20/2012 07:50 PM
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Re: Marc Faber/Many people will be caught with their pants down.."The Dollar's Value In The Future Will Be ZERO"
Alas, do ANY of these pundits ever consider the cause and effect of said collapse on the social structure? Total collapse, chaos, destruction, etc.
 Quoting: Anonymous Coward 3558872


on't worry - ETs are going to rescue the global economy: Max has it figured out! (First feature, currently) -
[KR316] Keiser Report: Alien Bankers, Leave Earth Alone! [link to maxkeiser.com]

yoda




deadhorse
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07/20/2012 07:57 PM
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Re: Marc Faber/Many people will be caught with their pants down.."The Dollar's Value In The Future Will Be ZERO"
No shit, that Max Keiser's rap really does hit the spot!

damned
Corporal Klinger

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07/20/2012 08:10 PM
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Re: Marc Faber/Many people will be caught with their pants down.."The Dollar's Value In The Future Will Be ZERO"
Alas, do ANY of these pundits ever consider the cause and effect of said collapse on the social structure? Total collapse, chaos, destruction, etc.
 Quoting: Anonymous Coward 3558872


When the dollar collapses, it will affect the whole global house of cards, but new forms of financing will appear. countries like the USA, Canada, Brazil, Russia, etc. will still have vast wealth in terms of land, minerals, energy, and skilled work forces. Governments will reset currencies, back them with gold or commodities, and probably institute some kind of Social Credit schemes similar to Nazi Germany or pre-war Japan.
tranny in a tin foil hat
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07/20/2012 08:33 PM
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Re: Marc Faber/Many people will be caught with their pants down.."The Dollar's Value In The Future Will Be ZERO"
Alas, do ANY of these pundits ever consider the cause and effect of said collapse on the social structure? Total collapse, chaos, destruction, etc.
 Quoting: Anonymous Coward 3558872


on't worry - ETs are going to rescue the global economy: Max has it figured out! (First feature, currently) -
[KR316] Keiser Report: Alien Bankers, Leave Earth Alone! [link to maxkeiser.com]

yoda




deadhorse
 Quoting: Anonymous Coward 19827666


Max!

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