Chile Forum

His analysis is OK, but he forgets the one tried and true solution used by Big Frogs through the ages, namely war. For the USA, think of the French revolution, the years of chaos that followed, and Napoleon Bonaparte's rise to power. I can see the same scenario playing out here as the banking crisis unfolds into Act II, the baby boomers lose the entitlements they were promised, and 20 million young people are out of work. A strong leader will emerge, one who promises to "fix" things and who rallies the people against perceived enemies. It's easy to force austerity and rule with an iron fist during war times.

admin wrote:This is a great editorial / article today discussing how the worst is yet to come because of what is happening with the babyboomers and many other things. I more less agree with all of it.

http://finance.yahoo.com/expert/article ... her/184720

The new money will be in the developing countries with younger generations. The U.S. and Europe are over.

starting with his statement "1. I believe the stock market is being manipulated. I suspect the government, banks, and Wall Street are doing everything they can to keep the market from crashing. Our leaders know that nothing makes the world feel better than a raging bull market.

Do I have any proof that the market is being manipulated? No. I just smell a rat, or a pack of rats..."

He might just gooogle and find it's been manipulated for many, many years. Google plunge protection team or 1987 stock market crash or unregulated institutional trading for starts. this is the guy that wrote Rich dad, poor dad and many many other books plus games-yet before that he failed at business 2-3 times. And what does Rich dad, Poor dad tell you? You can get rich off real estate too! just buy the property and let the rent roll in. I wonder how everyone that bought US real estate recently feels now....and 401ks are a ponzi scheme??? No more than real estate or capitalism in itself. The only way he got rich was off writing books about a ficticious rich father. But he sells games and seminars too

More than two years ago there was a ranting and raving lunatic on THIS FORUM who warned of these days (and they are only getting started I tell ya).

Don't listen to the idiots on MSM. Name one in the MSM who predicted exactly what happened the past year + ?

Protect yourselves as no one else can or will.

Over and Out.

I go back to napping and watching this thing unfold and BELIEVE ME, I TOO HAVE BEEN GREATLY AFFECTED BY THEIR SHENANIGANS!

Manipulation of the stock indexes is part of a larger program to hold the line on the ultimate canary in the goldmine asset. Cannot last forever though.

NIA. DYODD. TINSTAAFL.