General Discussion

bigdarryl

(13,190 posts) Wed Dec 3, 2014, 02:09 PM Dec 2014

Tom Hartman: The drop in oil and gas prices are going to lead to a depression

He said this on his today's radio show . Tom PLEASE!!!! with your doom and gloom.He has been harping for over a year now about the up coming depression in 2015 or 2016.He even wrote a book about it.I like listening to him but damn his show is all about how fucked up the democrats are and talking about Reagan this and Reagan that sometimes he's boring.That's my opinion anyway

6 replies

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Tom Hartman: The drop in oil and gas prices are going to lead to a depression (Original Post) bigdarryl Dec 2014 OP

he has got a book to sell LOL- (RT doesn't pay very well) snooper2 Dec 2014 #1

he has this theory about crashes every 80 years belzabubba333 Dec 2014 #4

Tom is basically never right. Itchinjim Dec 2014 #2

He was right about the crash of 2008 rusty fender Dec 2014 #5

For whom? Erich Bloodaxe BSN Dec 2014 #3

This oil drop is going to be a short lived Wellstone ruled Dec 2014 #6

snooper2

(30,151 posts)

1. he has got a book to sell LOL- (RT doesn't pay very well)

Reply to bigdarryl (Original post)

Wed Dec 3, 2014, 02:12 PM

Dec 2014

belzabubba333

(1,237 posts)

4. he has this theory about crashes every 80 years

Reply to snooper2 (Reply #1)

Wed Dec 3, 2014, 02:40 PM

Dec 2014

Itchinjim

(3,085 posts)

2. Tom is basically never right.

Reply to bigdarryl (Original post)

Wed Dec 3, 2014, 02:37 PM

Dec 2014

Been hearing him issue dire warnings about the economy for years and not once has his predictions come true.

rusty fender

(3,428 posts)

5. He was right about the crash of 2008

Reply to Itchinjim (Reply #2)

Wed Dec 3, 2014, 02:43 PM

Dec 2014

so he is not wrong about everything.

Erich Bloodaxe BSN

(14,733 posts)

3. For whom?

Reply to bigdarryl (Original post)

Wed Dec 3, 2014, 02:38 PM

Dec 2014

The Saudis? The Russians? The Venezuelans?

They're going to drop transportation prices for everyone else. And while I doubt the savings will be passed on to consumers, lots of companies who aren't into energy production will benefit.

Wellstone ruled

(34,661 posts)

6. This oil drop is going to be a short lived

Reply to bigdarryl (Original post)

Wed Dec 3, 2014, 02:48 PM

Dec 2014

phenomenon. All the Rich Dudes say we go back to hundred bucks next year. There will be some mergers of convenience which will lead to more and more of a monopoly and away we go again. The one think to watch will be the Paul Ryan and Boner games. Government shut down or a delayed Budget will cause the economy to tank big time. Crucial time frame seems to be between now and May of 2015,Hartmans many guess have forecast this time frame for some time.

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