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The man that predicted Fannie Mae and Freddie Mac is predicting disaster (Original Post) bigdarryl Jan 2017 OP
Just keep in mind that the source of this info is trying to sell a book. Oneironaut Jan 2017 #1
Yup, there is a lot of that going on.... physioex Jan 2017 #2
2008? edhopper Jan 2017 #3
It's obvious we will be facing 60-70% unemployment due to automation. CK_John Jan 2017 #4
Right wing whacko and chronic liar progree Jan 2017 #5
Clearly a conspiracy theorist trying to make money if you are not smart enough airplaneman Jan 2017 #6
Keep in touch with you unemployment office, watch the numbers. Hamlette Jan 2017 #7
you expect twitler will be senible? it will be reagan 2.0. deficits + debt & war. pansypoo53219 Jan 2017 #8

Oneironaut

(5,741 posts)
1. Just keep in mind that the source of this info is trying to sell a book.
Sun Jan 1, 2017, 11:15 PM
Jan 2017

"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.

progree

(11,463 posts)
5. Right wing whacko and chronic liar
Sun Jan 1, 2017, 11:30 PM
Jan 2017
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".


airplaneman

(1,268 posts)
6. Clearly a conspiracy theorist trying to make money if you are not smart enough
Mon Jan 2, 2017, 03:01 AM
Jan 2017

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


Hamlette

(15,489 posts)
7. Keep in touch with you unemployment office, watch the numbers.
Mon Jan 2, 2017, 03:15 AM
Jan 2017

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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