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View Full Version : Is major economic collapse imminent?



MaxBooBoo
Mar 1st, 2011, 8:36 AM
An interesting interview with Dr. Marc Faber about why we are all doomed...

http://www.youtube.com/watch?v=3uEbhPuoTx0&feature=player_embedded

I suggest you start at 25:15, that's where they start talking about the economic endgame.

MaxBooBoo
Mar 1st, 2011, 8:50 AM
Here's some more information. The real crisis is coming! :ack::ack::ack:

http://seekingalpha.com/article/255286-is-the-real-crisis-about-to-begin

Ningishiddza
Mar 1st, 2011, 12:44 PM
The real crisis is coming!

Nobody has time to wade through nonsense videos. You should at least take the courtesy to summarize, and also state whether or not they're selling a book.

And take some ECON classes at university, so you get suckered into stupidity. If you judge the economy based on the stock market, you will always go wrong. There's no relationship between stocks and the economy. If you'd bother to do any research, the worst stock market crashes in history resulted occurred during period of greatest GDP growth, anywhere from 5% to 12.5% per quarter.