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Sun Jan 1, 2017, 10:03 PM

 

The man that predicted Fannie Mae and Freddie Mac is predicting disaster

In the next five years to the economy .http://thecrux.com/dyncontent/look-who-is-going-bankrupt-next/?cid=MKT232586&eid=MKT307606&pag=gold_coins&utm_content=%7Bcreative%7D&utm_term=%7Bplacement%7D&gclid=COmK2Ji4otECFdGCswodAkgHUg

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Arrow 8 replies Author Time Post
Reply The man that predicted Fannie Mae and Freddie Mac is predicting disaster (Original post)
bigdarryl Jan 2017 OP
Oneironaut Jan 2017 #1
physioex Jan 2017 #2
edhopper Jan 2017 #3
CK_John Jan 2017 #4
progree Jan 2017 #5
airplaneman Jan 2017 #6
Hamlette Jan 2017 #7
pansypoo53219 Jan 2017 #8

Response to bigdarryl (Original post)

Sun Jan 1, 2017, 10:15 PM

1. Just keep in mind that the source of this info is trying to sell a book.

"A Multi-Millionaire's Personal Blueprint For Surviving the Coming
Currency Collapse

"This is what I'm doing to protect my
family and my finances - I recommend
you do the same."
"

There have been many chicken littles over the years. This info should be taken with a grain of salt, rather than as imminent doom.

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Response to Oneironaut (Reply #1)

Sun Jan 1, 2017, 10:17 PM

2. Yup, there is a lot of that going on....

Or try to get you to invest in gold and silver.....

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Response to bigdarryl (Original post)

Sun Jan 1, 2017, 10:19 PM

3. 2008?

That was the end of the housing bubble.

Did he predict snow this winter?

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Response to bigdarryl (Original post)

Sun Jan 1, 2017, 10:30 PM

4. It's obvious we will be facing 60-70% unemployment due to automation.

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Response to bigdarryl (Original post)

Sun Jan 1, 2017, 10:30 PM

5. Right wing whacko and chronic liar

https://en.wikipedia.org/wiki/Porter_Stansberry

About once or twice a year I get his shit trying to sell me on his newsletter and other offerings. He pedals fear and conspiracy theories (like Obama is going for a 3-term presidency) so as to sell his investment "advice".


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Response to bigdarryl (Original post)

Mon Jan 2, 2017, 02:01 AM

6. Clearly a conspiracy theorist trying to make money if you are not smart enough

These guys are so easy to spot.
-They know something you don't.
-After reading a page you have learned nothing and you are asked to link to another page.
-Much more to read yet you still learn nothing.
-Then you get to the point were you are supposed to send them money to learn what they know and you don't.
Other key words:
-Hyperinflation
-Fiat currency collapse
-Bankruptcy
-Government spending
-Buy gold
These guys don't know shit - I first noticed them 20 years ago and nothing they say is happening when and how they say it. Actually they do know how to con some into buying the shit they are selling. This does not make them smart.
-Airplane


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Response to bigdarryl (Original post)

Mon Jan 2, 2017, 02:15 AM

7. Keep in touch with you unemployment office, watch the numbers.

It was a better indicator for 2008 than this clap trap.

I work at my state's unemployment office. Our numbers started going up in November 2007. By December 2007 the whole office was buzzing about it. It stayed up throughout 2008 but nothing like what happened in late 2008. We couldn't put in telephone trunk lines fast enough to meet call volume. We had phone company people literally working round the clock in 2009. It was surreal.

We didn't recognize it in late 2007-early 2008 but if it happens again, I'll let you know

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Response to bigdarryl (Original post)

Mon Jan 2, 2017, 04:21 AM

8. you expect twitler will be senible? it will be reagan 2.0. deficits + debt & war.

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