Wednesday, July 8, 2009

Barrons: Its a Depression. Hyperinflation Next.


Unemployment is not 9% it is really 16%. We lost more jobs in the underground economy. More money out of circulation. The Depression is un-contained, hyperinflation is coming. If you raise taxes to pay back the deficit, jobs will be lost, we will be stretched for decades.

Video Link

10 comments:

  1. When I hold a wad of bills in my hand they just don't feel the same anymore. Like the fantasy of having a giant briefcase full of money. No longer much of a fantasy.

    A stack of gold bars or a hot car, yes. Paper money, not so much.

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  2. If you would like, I would be glad to take that "wad of bills" off your hands if it doesn't do much for you. Just don't want you to have to live anymore non-fantasy days with all that cash and all...

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  3. When I hold a wad of bills in my hand I say 'damn, look at all these bills'. Then I lie in bed and I throw them in the air and watch them all come down over me like some kind of baptism.

    And I'm naked.

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  4. Don't worry. After hyperinflation hits you can make your whole mattress out of 100-dollar bills.

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  5. I love how the signs of our direction are all around us, relatively unchanged despite all the talk of 'green shoots' and only now are people saying depression. I look forward to the day when shadowstats.com figures mirror those of the 30's depression. That will be an awareness day for public, when those in the know reveal just how cooked government stats really are.

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  6. Better go long on baking soda. The government is going to be using A LOT in 'cooking' those 'stats'...

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  7. Did everyone take note of how the financial elite are finally reforming the credit card industry? Of course you want to have lots of debt when hyperinflation hits. That is the surest sign hyperinflation is in the cards. That is to say, the poor and middle class get stuck playing the wrong hand again.

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  8. Sorry Guys for interrupting your economic fest here, but I believe I have put all the Obama/Russia Armageddon hysteria to rest on my latest post here. Israel WILL BE DESTROYED FOREVER! THANK G*D!

    http://pencildicksvstheworld.blogspot.com/

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  9. Looked at your site. Some good nuggets, but not that great. A lot of prophecies and what ifs. It doesn't even mention the USS Liberty attack and breezes right over 9/11; even implies the Zionist international bankers were hurt victims on that day. Please.

    It does expose the Iranian revolution as a US/CIA set up farce to put a Pro-US butcher in power. Points for Craig Roberts article.

    Implying that the international banksters are bumbling idiots and bad planners that are soon going to be destroyed - lol - now that is funny. They own us. Our media, everything. To marginalize them like that serves no purpose but misinfo.

    Some truths mixed with a lot of BS.

    I'll stick with the Depression Blog. 99% truth, better ratio. :)

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  10. If they own you then why don't you just shut up? They obviously aren't getting their money's worth.

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