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jimmyle
Participant40% of BP stocks are owned by Americans and American institutions. Less competition will also hurt consumers. I think BP (and Arco) are good because they tend to have lower price that keeps other gas stations from raising prices too high.
[quote=meadandale]I’d like to see Obama and his administration continue to ‘go off’ on BP and villify them. If their stock price continues to dive they’ll end up filing for bankruptcy. When Obama gets stuck with the cleanup bill because he’s driven BP out of business…it should get interesting.[/quote]
Participant40% of BP stocks are owned by Americans and American institutions. Less competition will also hurt consumers. I think BP (and Arco) are good because they tend to have lower price that keeps other gas stations from raising prices too high.
[quote=meadandale]I’d like to see Obama and his administration continue to ‘go off’ on BP and villify them. If their stock price continues to dive they’ll end up filing for bankruptcy. When Obama gets stuck with the cleanup bill because he’s driven BP out of business…it should get interesting.[/quote]
ParticipantIf you are right, I should buy some guns and ammos?
Here is part of the book you can read:
[quote=Arraya]I’d like to know what you folks think of his general direction of the economy for the next 5-10 years
I say a quick but severe deflationary collapse (Q42010-Q12012) dovetailing nicely into possible war and simultaneous global hyperinflationary meltdown as the global debt financing model decouples coinciding with a JIT breakdown (late 2012 on) to full collapse. Then moving on to a new global understanding or full on mad maxian hell.
Not really anything to invest in, except hopefully the inherent good in humanity, because that’s the only thing that will save us.
Cheers![/quote]
ParticipantIf you are right, I should buy some guns and ammos?
Here is part of the book you can read:
[quote=Arraya]I’d like to know what you folks think of his general direction of the economy for the next 5-10 years
I say a quick but severe deflationary collapse (Q42010-Q12012) dovetailing nicely into possible war and simultaneous global hyperinflationary meltdown as the global debt financing model decouples coinciding with a JIT breakdown (late 2012 on) to full collapse. Then moving on to a new global understanding or full on mad maxian hell.
Not really anything to invest in, except hopefully the inherent good in humanity, because that’s the only thing that will save us.
Cheers![/quote]
ParticipantIf you are right, I should buy some guns and ammos?
Here is part of the book you can read:
[quote=Arraya]I’d like to know what you folks think of his general direction of the economy for the next 5-10 years
I say a quick but severe deflationary collapse (Q42010-Q12012) dovetailing nicely into possible war and simultaneous global hyperinflationary meltdown as the global debt financing model decouples coinciding with a JIT breakdown (late 2012 on) to full collapse. Then moving on to a new global understanding or full on mad maxian hell.
Not really anything to invest in, except hopefully the inherent good in humanity, because that’s the only thing that will save us.
Cheers![/quote]
ParticipantIf you are right, I should buy some guns and ammos?
Here is part of the book you can read:
[quote=Arraya]I’d like to know what you folks think of his general direction of the economy for the next 5-10 years
I say a quick but severe deflationary collapse (Q42010-Q12012) dovetailing nicely into possible war and simultaneous global hyperinflationary meltdown as the global debt financing model decouples coinciding with a JIT breakdown (late 2012 on) to full collapse. Then moving on to a new global understanding or full on mad maxian hell.
Not really anything to invest in, except hopefully the inherent good in humanity, because that’s the only thing that will save us.
Cheers![/quote]
ParticipantIf you are right, I should buy some guns and ammos?
Here is part of the book you can read:
[quote=Arraya]I’d like to know what you folks think of his general direction of the economy for the next 5-10 years
I say a quick but severe deflationary collapse (Q42010-Q12012) dovetailing nicely into possible war and simultaneous global hyperinflationary meltdown as the global debt financing model decouples coinciding with a JIT breakdown (late 2012 on) to full collapse. Then moving on to a new global understanding or full on mad maxian hell.
Not really anything to invest in, except hopefully the inherent good in humanity, because that’s the only thing that will save us.
Cheers![/quote]
ParticipantI am not sure if our policians have the courage to do engineer a soft landing by cutting back spendings and social programs. I think either we do it slowly now or we wait until we are forced to crash like Greece with major political turmoil. Either way we will be in a recession for a long time. I haven’t read the book but I have seen some of his videos and he mentioned gold as one of the investments suggested.
We will be relatively poorer but it is not possible to maintain such a huge living standard gap compared to the rest of the world in this free trade environment. However, we will still be very rich.
[quote=Hobie]No, I haven’t but I like to read writings by economists.
If his time line and predictions are even half correct, we are going into deep do do.
Does he offer any suggestions to prevent these bubbles? Or where he would park his money 😉
Actually, I am very concerned with our economy. We need to return to producing stuff, a manufacturing economy. However several factors really hinder this goal: Costly energy, restrictive environmental policies and regulations, cheap labor overseas.
Plus I have trouble with a, “jobless recovery”. This assumes we import our much manufactured goods. It also means much of the related jobs will not be based in the US either.
I feel we need the design, engineering, manufacturing to happen in the States for our economy to recover. Of course, it would help to revisit government spending;)[/quote]
ParticipantI am not sure if our policians have the courage to do engineer a soft landing by cutting back spendings and social programs. I think either we do it slowly now or we wait until we are forced to crash like Greece with major political turmoil. Either way we will be in a recession for a long time. I haven’t read the book but I have seen some of his videos and he mentioned gold as one of the investments suggested.
We will be relatively poorer but it is not possible to maintain such a huge living standard gap compared to the rest of the world in this free trade environment. However, we will still be very rich.
[quote=Hobie]No, I haven’t but I like to read writings by economists.
If his time line and predictions are even half correct, we are going into deep do do.
Does he offer any suggestions to prevent these bubbles? Or where he would park his money 😉
Actually, I am very concerned with our economy. We need to return to producing stuff, a manufacturing economy. However several factors really hinder this goal: Costly energy, restrictive environmental policies and regulations, cheap labor overseas.
Plus I have trouble with a, “jobless recovery”. This assumes we import our much manufactured goods. It also means much of the related jobs will not be based in the US either.
I feel we need the design, engineering, manufacturing to happen in the States for our economy to recover. Of course, it would help to revisit government spending;)[/quote]
ParticipantI am not sure if our policians have the courage to do engineer a soft landing by cutting back spendings and social programs. I think either we do it slowly now or we wait until we are forced to crash like Greece with major political turmoil. Either way we will be in a recession for a long time. I haven’t read the book but I have seen some of his videos and he mentioned gold as one of the investments suggested.
We will be relatively poorer but it is not possible to maintain such a huge living standard gap compared to the rest of the world in this free trade environment. However, we will still be very rich.
[quote=Hobie]No, I haven’t but I like to read writings by economists.
If his time line and predictions are even half correct, we are going into deep do do.
Does he offer any suggestions to prevent these bubbles? Or where he would park his money 😉
Actually, I am very concerned with our economy. We need to return to producing stuff, a manufacturing economy. However several factors really hinder this goal: Costly energy, restrictive environmental policies and regulations, cheap labor overseas.
Plus I have trouble with a, “jobless recovery”. This assumes we import our much manufactured goods. It also means much of the related jobs will not be based in the US either.
I feel we need the design, engineering, manufacturing to happen in the States for our economy to recover. Of course, it would help to revisit government spending;)[/quote]
ParticipantI am not sure if our policians have the courage to do engineer a soft landing by cutting back spendings and social programs. I think either we do it slowly now or we wait until we are forced to crash like Greece with major political turmoil. Either way we will be in a recession for a long time. I haven’t read the book but I have seen some of his videos and he mentioned gold as one of the investments suggested.
We will be relatively poorer but it is not possible to maintain such a huge living standard gap compared to the rest of the world in this free trade environment. However, we will still be very rich.
[quote=Hobie]No, I haven’t but I like to read writings by economists.
If his time line and predictions are even half correct, we are going into deep do do.
Does he offer any suggestions to prevent these bubbles? Or where he would park his money 😉
Actually, I am very concerned with our economy. We need to return to producing stuff, a manufacturing economy. However several factors really hinder this goal: Costly energy, restrictive environmental policies and regulations, cheap labor overseas.
Plus I have trouble with a, “jobless recovery”. This assumes we import our much manufactured goods. It also means much of the related jobs will not be based in the US either.
I feel we need the design, engineering, manufacturing to happen in the States for our economy to recover. Of course, it would help to revisit government spending;)[/quote]
ParticipantI am not sure if our policians have the courage to do engineer a soft landing by cutting back spendings and social programs. I think either we do it slowly now or we wait until we are forced to crash like Greece with major political turmoil. Either way we will be in a recession for a long time. I haven’t read the book but I have seen some of his videos and he mentioned gold as one of the investments suggested.
We will be relatively poorer but it is not possible to maintain such a huge living standard gap compared to the rest of the world in this free trade environment. However, we will still be very rich.
[quote=Hobie]No, I haven’t but I like to read writings by economists.
If his time line and predictions are even half correct, we are going into deep do do.
Does he offer any suggestions to prevent these bubbles? Or where he would park his money 😉
Actually, I am very concerned with our economy. We need to return to producing stuff, a manufacturing economy. However several factors really hinder this goal: Costly energy, restrictive environmental policies and regulations, cheap labor overseas.
Plus I have trouble with a, “jobless recovery”. This assumes we import our much manufactured goods. It also means much of the related jobs will not be based in the US either.
I feel we need the design, engineering, manufacturing to happen in the States for our economy to recover. Of course, it would help to revisit government spending;)[/quote]
ParticipantMy friend didn’t mention about the lawsuit but he said that it took him a year to buy the unit with many problems with the bank. I thinks these units look very nice. I went there and saw a lot on empty units, probably about 30%.
http://www.redfin.com/CA/San-Diego/17127-W-Bernardo-Dr-92127/unit-104/home/6615820
http://www.redfin.com/CA/San-Diego/17081-W-Bernardo-Dr-92127/unit-103/home/6615528
ParticipantMy friend didn’t mention about the lawsuit but he said that it took him a year to buy the unit with many problems with the bank. I thinks these units look very nice. I went there and saw a lot on empty units, probably about 30%.
http://www.redfin.com/CA/San-Diego/17127-W-Bernardo-Dr-92127/unit-104/home/6615820
http://www.redfin.com/CA/San-Diego/17081-W-Bernardo-Dr-92127/unit-103/home/6615528
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