Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content

millionaire in training

Platinum VIP
  • Posts

    3,688
  • Joined

  • Last visited

  • Days Won

    5

Everything posted by millionaire in training

  1. Im on the "earth is round " team. Im surprised that this is even a topic out there. Apparently...... how high do they have to go to see this ?......from a rocket ship perspective? ! ? !
  2. LOVED IT !!! They are both sooooo cute. wasssssuuuuup.
  3. Creating Another “Crash of 1929” by Jeff Thomas Subscribe to International Man Regarding the Great Depression… we did it. We’re very sorry… We won’t do it again. – Ben Bernanke Waiting too long to begin moving toward the neutral rate could risk a nasty surprise down the road—either too much inflation, financial instability, or both. – Janet Yellen In his speech above, future Federal Reserve Chairman Ben Bernanke acknowledged that, by raising interest rates, the Fed triggered the stock market crash of 1929, which heralded in the Great Depression. Yet, in her speech above, Fed Chair Janet Yellen announced that “it makes sense” for the Fed to raise interest rates “a few times a year.” This is a concern, as economic conditions are similar to those in 1929, and a rise in interest rates may have the same effect as it did then. So let’s back up a bit and have a look at what happened in 1929. In the run-up to the 1929 crash, the Federal Reserve raised rates to 6%, ostensibly to “limit speculation in securities markets.” As history shows, this sent economic activity south rather quickly. Countless investors, large and small, who had bought stocks on margin, would be unable to pay increased interest rates and would be forced to default. (It’s important to understand that the actual default was not necessary to crash markets. The knowledge that investors would be in trouble was sufficient to send the markets into a tailspin.) Mister Bernanke was quite clear in 2002 when he stated that the Fed would not make the same mistake again that it made in 1929, yet, then, as now, there’s been a surprise victory by a Republican candidate for president. Then, as now, a wealthy man who had never held elective office was unexpectedly in the catbird seat and had the potential to endanger the control of the political class, at a time when that political class had been complicit in damaging the system by creating massive debt. Recommended Link The EXACT Date of the Next Market Crash? WARNING: The pattern you're about to see has preceded every market crash since 1919. Using this pattern, David Stockman had identified when the next market collapse is set to begin. Click here and discover when the bloodbath is set to begin. Hurry... we only have a few days left. -- Then, as now, conditions were ideal for the Deep State to create a solution to all problems: An economic crash was inevitable; therefore, create a trigger for it to occur and blame the collapse on the conservative political outsider. Demonstrate to all that the collapse was due to the greed of the outsider and those who were of like mind. Use that leverage to demonstrate to the hard-hit populace that what was needed was the opposite of what the outsider had proclaimed. Recommend far greater control by a new government that was staunchly liberal—a government that would change the political landscape in such a way that all those who suffered would be saved by a benevolent collectivist government. And, of course, when it’s stated that way, it’s an easy sell. In 2017, it will be an even easier sell than it was in 1929, as the new president has already set himself up for a fall. In his inauguration speech, he focused on a single topic—the return of power to the people and away from Washington’s bureaucracy. Beginning by decrying Washington for what it truly is, he stated that “for too long, a small group in our nation’s capital has reaped the rewards of government while the people have borne the cost. Washington flourished—but the people did not share in its wealth.” He then went on to describe that his presidency would bring about a metamorphosis: I will never, ever let you down. America will start winning again, winning like never before. We will bring back our jobs. We will bring back our borders. We will bring back our wealth. And we will bring back our dreams. We will build new roads, and highways, and bridges, and airports, and tunnels, and railways all across our wonderful nation. We will get our people off of welfare and back to work—rebuilding our country with American hands and American labor… We will reinforce old alliances and form new ones—and unite the civilized world against radical Islamic terrorism, which we will eradicate completely from the face of the earth… We will not fail. Our country will thrive and prosper again. Of course, new presidents are prone to making big promises when they first take office. However, Mister Trump has, in his brief speech, effectively declared himself the enemy of the Washington bureaucracy. In so doing, he’s left himself wide open to be the fall guy if the economy does not rebound, if the average American’s lot does not improve, and if the US does not dominate the world through an expanded military. Recommended Link Doug Casey: I see a "marvelous bubble" forming Since the '70s, Doug Casey has made millions investing in mostly junior resource stocks and real estate. But at a private meeting in Miami, he learned about a new little-known market... and he believes it's about to enter a "marvelous bubble." Details here. -- In short, the Deep State and their cronies, who were instrumental in creating the economic, social, and political house of cards that now exists, have the perfect opportunity to bring on the collapse and blame the new president for it. Were Mister Trump to have honestly stated that the US is effectively a house of cards and that he’ll begin the laborious job of trying to salvage what’s left of it and begin to rebuild it, he would have provided himself with a justifiable excuse when the house of cards does collapse. However, by making such lofty claims to “Make America Great Again,” he’s lost this opportunity. In the last year, whenever I was asked who I hoped the Americans would elect as their president, I replied, “Bernie Sanders.” To those that were shocked by this answer, I would add, “An economic collapse is inevitable. No one, no matter how capable, can prevent it. The best that can happen is that the collapse occurs under a president who’s an avowed socialist. That would ensure an eventual return to smaller government and more conservative economics.” As unfair as it may be, a nation’s people almost always blame whoever is on watch when a collapse occurs. It matters little who or what is actually at fault. People need a “face” to vilify for the disaster and the sitting leader is almost always spontaneously chosen by a nation as that face. And, of course, the opposing party invariably makes the most of the situation. Just as in 1929 and for years thereafter Herbert Hoover received the lion’s share of the blame for a Wall Street crash and the subsequent Great Depression, even though he was not at fault, so too will the US come to blame the new president who made promises that were far beyond what he could deliver. The die is cast. The patsy-in-chief is now installed. The media will do all they can to discredit Mister Trump and civil unrest will be funded by his opponents. The US economy is more debt-laden than any country in the history of the world and, historically, this has always resulted in economic collapse. At present, there are scores of triggers that could bring about collapse. Any one of these black swans could do the job, but it’s entirely possible that the Federal Reserve will serve once again as the trigger, as it did in 1929. This is unquestionably the smart way to play the game. Rather than wait for a random occurrence, if a date is set for a controlled collapse, those connected to the Deep State will have a brief time to disconnect their wealth from the system, as was done in 1929. The trigger would be pulled by the Fed and the US economy would go down in as controlled a fashion as Building Seven in the World Trade Center. When is this likely to occur? Herbert Hoover was given just under eight months. The date for the next collapse could be earlier or later. But the question is not when that date might be, but whether we’ve prepared ourselves for the eventuality. Editor’s Note: The Fed could start its controlled demolition of the US economy any day now. This collapse will be much worse and last much longer than the Great Depression or the 2008 financial crisis. Doug Casey and his team have critical, time-sensitive information about preparing for this economic meltdown. They’re sharing need-to-know details in this urgent new special report. Click here to download the PDF now.
  4. I think this thread has been hijacked See thats what happens when the CBI has anything to say .....we go crazy thinking what we want to buy when this happens. Sorry Yota we'll try and behave. Key word here being "TRY" . Can't promise you anything.
  5. Have you guys seen the new Ford GT. Yea Ford thats what I thought when someone told me about it. I said no thanks im not interested in a Ford.....Until I saw it.. It's beautiful.
  6. This info that Luigi brought over is not not BS. I saw and read the article (on another site). It's actually happening. To answer your question Rmc10......This just started. Lower denoms are on their way. It looks like the company got ahead of themselves. There are a lot of things happening that we just can see yet but we soon will. Hang in there ....It's a coming.
  7. I've been invested since 2004 and not once have I considered turning away from this. When I first heard about the dinar I had a STRONG ,STRONG feeling that it would happen and to this day I still feel the same. Crazy right ?!?! With all the ups and downs that it's put us through. This is our year Go Iraq Go RV Im about to RE-INVENT myself.......
  8. In E-Dinars.......(electronic dinar currency) . The wave of the future. This is very good news...... Yeap thats why this is such GREAT news........it = international.
  9. Doing very well ....Good to see you.... I believe we will see the liberation of Mosul this week and the RV shortly after. as always.
  10. YES YOU DID..... You Slept In ??????? Sorry but we're done now
  11. Thanks Thug I will be watching.......setting the stage for announcing the liberation of Mosul.......
  12. I think this celebration calls for " CHAMPAGNE "........Brake out the bubbly
  13. I have always felt that the USA will negotiate with Iran. There is TOOOOOO much money at stake for too many countries. Trump is being advised. I also feel that we will be able to exchange here in the USA and not have to travel with our rial's. Sit back .....watch .....and see.
  14. I think people have misunderstood the March 21st date meaning. This was not an RV date this was a unification of 2 rates becoming one. This will allow Iran to move forward and therefore go international. We're still waiting to see their announcement but thats what it is. Folks this is not in our hands to control. We can only sit tight read watch and hope . I personally do feel this will happen just not as we think it should. Don't loose faith. Stay grounded. This will happen.
  15. PP.... thank you for troubling yourself . Your efforts are appreciated. We need to be on top of our game.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.