Financial Alert: Billionaires Dumping Stocks, Economist Knows Why | |
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Mr information User ID: 1337378 Belgium 09/19/2012 05:50 AM Report Abusive Post Report Copyright Violation | Wonder why the media is overwhelmed with attacks about Romney and off of Obama’s failed economy? Many rich people worldwide are dumping their stocks including those who donated to the Obama campaign because of the immanent collapse of the dollar. Quoting: MississippiBlkMan Despite the 6.5% stock market rally over the last three months, a handful of billionaires are quietly dumping their American stocks . . . and fast. Full Story: [link to www.moneynews.com] Quietly? Then how come we know about it? Hmmm Anyway these billionaires are probably right to do so. But i wonder why only american stocks? I mean surely if the dollar plunges so will the euro and pretty much every other currency since they have been trading with the us dollar since decades. I think it's a global meltdown that is coming a structural global break up of the finance world. most likely engineered to introduce the chip.... |
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Anonymous Coward User ID: 12087471 United States 09/19/2012 06:41 AM Report Abusive Post Report Copyright Violation | """"""" Wiedemer’s video interview also contains a comprehensive blueprint for economic survival that’s really commanding global attention. But the overwhelming amount of feedback from viewers who felt the interview should be widely publicized came with consequences, as various online networks repeatedly shut it down and affiliates refused to house the content. """"""" If the Psychopaths, Malignants, and Sociopaths are quashing this, I would sit up and take notice. |
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guynur User ID: 16998168 United States 09/19/2012 06:46 AM Report Abusive Post Report Copyright Violation | There are indications that hard assets(real estate)are the only things to invest in. Also, whomever gets elected income taxes will change. Everyone knows what their tax consequences will be for 2012. Why pay higher taxes in the future. I'd sell now. |
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Anonymous Coward User ID: 23054979 South Africa 09/19/2012 09:08 AM Report Abusive Post Report Copyright Violation | Wonder why the media is overwhelmed with attacks about Romney and off of Obama’s failed economy? Many rich people worldwide are dumping their stocks including those who donated to the Obama campaign because of the immanent collapse of the dollar. Quoting: MississippiBlkMan Despite the 6.5% stock market rally over the last three months, a handful of billionaires are quietly dumping their American stocks . . . and fast. Full Story: [link to www.moneynews.com] Thanks and 5 *'s |
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Anonymous Coward User ID: 20740534 Canada 09/19/2012 02:40 PM Report Abusive Post Report Copyright Violation | Who are the babyboomers going to sell their stocks / investments to? They sent all the manufacturing and companies overseas. The kids working at walmart and McDonalds can't afford them. Its a giant ponzi scheme. You give a broker money, he gives you a piece of paper saying its worth 'X' amount. Only worth that if you can find another sucker. |
bvndy User ID: 24070168 United States 09/19/2012 02:51 PM Report Abusive Post Report Copyright Violation | Who are the babyboomers going to sell their stocks / investments to? They sent all the manufacturing and companies overseas. The kids working at walmart and McDonalds can't afford them. Its a giant ponzi scheme. You give a broker money, he gives you a piece of paper saying its worth 'X' amount. Only worth that if you can find another sucker. Quoting: Anonymous Coward 20740534 Precisely. Its called the "bigger" fool theory, mainly that you find a bigger fool... All be over soon , inflationary collapses tend to speed up as they roll father downhill You can ignore the consequences of your actions, but you cannot ignore the RESULTS of the consequences of your actions Ayn Rand |
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