Marc Faber/Many people will be caught with their pants down.."The Dollar's Value In The Future Will Be ZERO" | |
Anonymous Coward User ID: 3558872 United States 07/20/2012 07:21 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 19582961 United States 07/20/2012 07:26 PM Report Abusive Post Report Copyright Violation | 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.” Quoting: Anonymous Coward 20178099 “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] Faber knows his shit !! Beware something is coming !! |
Anonymous Coward User ID: 19827666 United Kingdom 07/20/2012 07:50 PM Report Abusive Post Report Copyright Violation | 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] |
Anonymous Coward User ID: 19827666 United Kingdom 07/20/2012 07:57 PM Report Abusive Post Report Copyright Violation | |
Corporal Klinger User ID: 1432972 Canada 07/20/2012 08:10 PM Report Abusive Post Report Copyright Violation | 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. Deplorable in a tin foil hat |
Anonymous Coward User ID: 13481163 Brazil 07/20/2012 08:33 PM Report Abusive Post Report Copyright Violation | 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] Max! |