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If you are concerned citizen...
Posted: Sat Jul 21, 2012 7:53 am
by Beiruty
Do not buy a thing from this site, just watch the video:
http://w3.newsmax.com/a/aftershockb/vid ... ode=F79B-1" onclick="window.open(this.href);return false;
Re: If you are concerned citizen...
Posted: Sat Jul 21, 2012 8:38 am
by Slowplay
Not that I saw anything to buy on the site (at least your link), but why not? Could you give a Cliff Notes summary to help see what is of concern? I saw the video was almost 40 minutes and don't think I could make it through...
Re: If you are concerned citizen...
Posted: Sat Jul 21, 2012 10:38 am
by Beiruty
Second collapse of US Real estate, housing market:
1) 30 yrs Interest Rate would rise to 6-7.5%
2) Residential Housing market value drops by 30-45%
3) US default on its obligation
4) US devalue the dollar to control debt
5) Taxes rises
6) SS and Medicare and Medicaid slashed.
7) US Economy stabilize by 2025
Re: If you are concerned citizen...
Posted: Sat Jul 21, 2012 10:57 am
by Keith B
Typical gloom and doom end of the world crisis propaganda. I don't even pay attention to those types of things. IMO they are aimed at the weak minded who will take it hook line and sinker.
Re: If you are concerned citizen...
Posted: Sat Jul 21, 2012 3:11 pm
by Beiruty
Keith B wrote:Typical gloom and doom end of the world crisis propaganda. I don't even pay attention to those types of things. IMO they are aimed at the weak minded who will take it hook line and sinker.
I am now reading the fig leaves.
Re: If you are concerned citizen...
Posted: Sat Jul 21, 2012 3:23 pm
by Bart
ARe those more accurate than tea leaves?
Re: If you are concerned citizen...
Posted: Sat Jul 21, 2012 3:26 pm
by Keith B
Bart wrote:ARe those more accurate than tea leaves?
Only if you are in the Garden of Eden.
Re: If you are concerned citizen...
Posted: Sun Jul 22, 2012 12:56 am
by jeffrw
Beiruty wrote:Second collapse of US Real estate, housing market:
1) 30 yrs Interest Rate would rise to 6-7.5%
2) Residential Housing market value drops by 30-45%
3) US default on its obligation
4) US devalue the dollar to control debt
5) Taxes rises
6) SS and Medicare and Medicaid slashed.
7) US Economy stabilize by 2025
I'm not into end of the world hysteria either, but as someone with above-average knowledge of economics, I'll admit I'm very concerned some of these things could happen. The fiscal irresponsibility we have witnessed over the past decade or so has been mind-boggling, and sooner or later we are going to face the consequences.
Re: If you are concerned citizen...
Posted: Sun Jul 22, 2012 5:35 am
by Beiruty
Bart wrote:ARe those more accurate than tea leaves?
maybe yes, maybe not. However, for sure it is easier on my aging eyes.
