TomF75

Doug Casey: What to Do in 'The Greater Depression'

Not to play Devil's advocate here, but in the last paragraph where it mentions the authors previous books:

Crisis Investing: Opportunities and Profits in the Coming Great Depression in 1979...in 1993, with Crisis Investing for the Rest of the Nineties. In between, his Strategic Investing: How to Profit from the Coming Inflationary Depression (Simon & Shuster, 1982) broke records for the largest advance ever paid for a financial book.

It seems to me that whenever this guy comes out with a book about "crisis investing" the crisis is pretty much over.

Great Depression in 1979...umm don't think I recall that one?

Crisis investing for the 90's...yeah with the exception of that LTC/Asian blip in '98 I think that was a pretty good decade for equity investors

Coming Inflationary Depression in 1982...Does it count if the author is 28 years to early?!?!? I mean a broken clock is right two times a day after all.

I don't deny that the US and Western Europe have some serious structural deficiencies to deal with, but it seems like if you followed this guys investing advice you would've had to hawk your possessions at the nearest pawn shop a long time ago.

The End of the U.S. As We Know It: Tracking the Dollar Downward

Just what every Canadian has always wanted...A share of the massive US Federal Deficit!! NOT!!!

We spent it, we're stuck with it!!


On Feb 02 11:23 AM MichaelJ007 wrote:

> Paco, I agree with many of your comments. Inflation WILL occur, hyper-inflation
> is very possible. I am in complete agreement that the US, like the
> fallen nations/currencies before, is in complete denial of it's ability
> to sustain itself. However, I think that if and when the US economy
> collapses the shift will be towards that of unity instead of division.
> As in the North American Union or something to that extent. We will
> need more citizens to share and repay our debt burden as well as
> more means of production and consumption so that the Gov can continue
> to grow(spend) and consume(tax). The Federal Government is NOT stepping
> off the throne anytime soon and an alliance of some sort is much
> more beneficial and therefore likely than an overthrow or dissolution.

The End of the U.S. As We Know It: Tracking the Dollar Downward

Apparently the author is unaware that the govts of NY and Cali are more bankrupt than the USA itself. Additionally NY has the highest level of OUT migration in the nation. California ALSO has a huge OUT migration, the only that keeps it population going up is the massive immigration from Mexico.


On Feb 01 04:17 PM donzelion wrote:

> "Now, remind me again why these economic blocs [Texas, NY, and California]
> would want to remain in a bankrupt union whose currency has failed?"
>
>
> I guess since without the union, New York would be a province of
> Canada and California/Texas would be part of North Mexico, it's sort
> of a moot point. I suspect there's quite a few folks left who realize
> that there are ties and bonds that go deeper than even what looters
> and lobbyists can pillage.

Is the Second Great Depression Imminent?

I have to agree Chris B, when did the religious looneys begin fostering this Judeo-Christian heritage BS on us. Our libertys are based more on English/Dutch traditions of personal freedom than ANYTHING. Last time I looked:

Israel didn't exist as a country until 1948
Germany & Italy were dictatorships until 1945
France was in & out of dictatorships until 1870
Spain was a Fascist state until 1975
Russia is STILL a dictatorship

I also love the term "Judeo-Christian" that was all of a sudden inveneted by these nudnicks when after 200 years of burning crosses and books someone finally reveled to them Jesus was in fact a Jew.


On Dec 16 10:58 AM Chris B wrote:

>