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ircjunk2004 (July 24, 2008 at 8:06 am)
Peter Schiff?
wabio (July 21, 2008 at 4:13 am)
Does anyone know who's talking in the last 30 seconds? That guy is a genius!
1samothrace77 (July 20, 2008 at 5:47 pm)
there is a need for growth... to cover up the inherent flaw in fiat currencies which require banks to make loans so they can print more money thus use interest rates to take more of that "money" out of your pocket
WolYou (July 20, 2008 at 12:08 pm)
For this game you need two parties. The lenders need the borrower. In fact, the greed of the borrowers and lenders are the cause. f people would understand what interest rates are and how they can affect their existance, they would never sign mortgages. There is no need for growth. Our bodies stopped growing and so should the business.
WolYou (July 20, 2008 at 11:59 am)
The subprime crisis shows what money is all about. It's nothing but a belief. As long as interest rates exists it won't be more than that. Real values are elsewhere. To convert worthless money into real wealth you need a fast decline of the "value" (or belief in) money. The people who are initiating and running this mess will never suffer :)
scir91 (July 19, 2008 at 3:53 am)
tee hee!
grapplerke (July 19, 2008 at 3:53 am)
Oil is not going to collapse as long as the dollar is the petrodollar and Bonkers Ben continues to print money like a maniac. But it doesn't look like it's going to last very long. So yes, oil will collapse and so will our economy and then we'll be working in the factories making cheap goodies for the big spenders in China and India.
scir91 (July 17, 2008 at 4:47 pm)
i ALWAYS KNEW that home prices were exaggerated during the past few years. i laughed at idiots paying half a million dollars for a stupid 1 bedroom condo, lol. that's a CONDO, not even a home! all you idiots who bought into this artificial run up - you deserve it! nothing keeps rising and rising! the same will happen with oil. eventually it will come down and those investors who bet on oil will lose, JUST LIKE REAL ESTATE!
DbzFanAlways (July 16, 2008 at 5:27 am)
watch?v=C4SwK8cdujc
jasonoftulsa (July 4, 2008 at 5:50 am)
jjenson i say both are at fault,you know that whole free will thing.though if nobody throws the money then theres no blood.mikebtko says it very well. |
