America's Economic Collapse

America's Economic Collapse

Posted in the Joliet Forum

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Professor

Mokena, IL

#1 Mar 26, 2013
This is quite a long presentation about our economic crisis. I hope everyone spends the time to listen to it in full. I entertain all comments and positions. I listened to it and it was extremely disturbing. This effects all Americans alike. Lets not entertain political differences. I look forward to intellectual discussion to follow. Thanks!

http://pro.stansberryresearch.com/1303EOASALY...
Moe Knows

Joliet, IL

#2 Mar 26, 2013
We need to listen to Obama. We need to spend even more money to get out of debt. This is just common sense! More spending = less debt.
Neighbor

Woodridge, IL

#3 Mar 26, 2013
Hmmm
Here is their BBB results:
http://www.bbb.org/greater-maryland/business-...
Professor

Mokena, IL

#4 Mar 26, 2013
Neighbor wrote:
Hmmm
Here is their BBB results:
http://www.bbb.org/greater-maryland/business-...
A+ rating. Cant argue with that! Citizens need to be concerned. We are watching the collapse of the greatest empire in the world. It don't matter what party is to blame. Pointing fingers is not going to fix this problem.
Neighbor

Wheaton, IL

#5 Mar 26, 2013
Marshal Law? No wonder HSD has been arming up!
Professor

Tinley Park, IL

#6 Mar 26, 2013
I think this man is dead on. Unfortunately!

Sometimes people who some call nuts, turn out to be a genius. I hope this doesn't happen to our great nation. I am troubled by this report. That's why I posted it in a serious manner.
someone

Chicago, IL

#7 Mar 26, 2013
Empire? Is that how you view the USA? Is that how you thiink the USA should be seen as?
Professor

Chicago, IL

#8 Mar 26, 2013
someone wrote:
Empire? Is that how you view the USA? Is that how you thiink the USA should be seen as?
I'm only commenting about the video. Sorry! You liberals always change the topic?
Professor

Mokena, IL

#10 Mar 26, 2013
Professor is a douche wrote:
<quoted text>
You tool! He is trying to sell you doomsday advice.
"Well, a one-year subscription, including everything I mentioned here, normally costs $149 per year – that's what many others have paid."
Did you pay to watch the video? I viewed it for free!
John Galt

Chicago, IL

#11 Mar 27, 2013
Professor wrote:
<quoted text>
Did you pay to watch the video? I viewed it for free!
This outfit is not even an financial services firm. The are essentially an online publisher. They sell publications of many different "advisors". Regardless, his points are valid (devalued US dollar), but I don't believe the situation is as critical as the video makes out. Be smart, keep a diversified portfolio that includes Foreign currency, precious metals, stocks and bonds. If you want to load up on precious metals, have at it. You may do well, but are you willing to put all your eggs in one basket? The irony is that he will preach not having everything in US dollar backed assets, but will advocate for a lopsided portfolio in the other direction. Good food for thought, but don't go crazy.
economic observer

Medinah, IL

#12 Mar 27, 2013
Moe Knows wrote:
We need to listen to Obama. We need to spend even more money to get out of debt. This is just common sense! More spending = less debt.
I trted that spening Idea for the last two months thinking all my debt would go away.But Dang!!! When I got my credit card statements they wanted me to pay for all my charges.Is that fair? Obama spends and the ecomony improves when I spend I get deeper in debt!! Did i miss a step?
Professor

Mokena, IL

#13 Mar 27, 2013
John Galt wrote:
<quoted text>
This outfit is not even an financial services firm. The are essentially an online publisher. They sell publications of many different "advisors". Regardless, his points are valid (devalued US dollar), but I don't believe the situation is as critical as the video makes out. Be smart, keep a diversified portfolio that includes Foreign currency, precious metals, stocks and bonds. If you want to load up on precious metals, have at it. You may do well, but are you willing to put all your eggs in one basket? The irony is that he will preach not having everything in US dollar backed assets, but will advocate for a lopsided portfolio in the other direction. Good food for thought, but don't go crazy.
I agree. he has factual valid points. Neighbor posted the BBB report on them. They have a A+ rating. Im just cautious of whats going on. It is of much concern whats going on!
Neighbor

Streator, IL

#14 Mar 27, 2013
Professor

Mokena, IL

#15 Mar 27, 2013
economic observer wrote:
<quoted text> I trted that spening Idea for the last two months thinking all my debt would go away.But Dang!!! When I got my credit card statements they wanted me to pay for all my charges.Is that fair? Obama spends and the ecomony improves when I spend I get deeper in debt!! Did i miss a step?
Change your philosophy. No longer believe you have a spending problem. You have a paying back problem! Much more PC!
economic observer

Medinah, IL

#16 Mar 27, 2013
Professor wrote:
<quoted text>
Change your philosophy. No longer believe you have a spending problem. You have a paying back problem! Much more PC!
Well it worked for obama why not me?
Professor

Mokena, IL

#17 Mar 27, 2013
Neighbor wrote:
Great post. We are in serious trouble Neighbor. All these terrible economic reports coming out, our government loading up on guns and ammo, all these countries broke, seizing citizens funds, our rights being attacked in full force, it don't take a brain surgeon to see the writing on the wall.

Dinesh D'Souza predicted this in his documentary on Obama. All I can say is im prepared for the worst, while hoping for the best!

God Bless America......We Never Needed His Blessings More Than We Do Now!
Neighbor

Streator, IL

#18 Mar 27, 2013
And the uninformed will say "When did all this happen?".... No one can ever say you did not do your part in trying to open their eyes Professor.
Professor

Chicago, IL

#19 Mar 27, 2013
Neighbor wrote:
And the uninformed will say "When did all this happen?".... No one can ever say you did not do your part in trying to open their eyes Professor.
Your right. I was once told there are a lot of smart people in the world. That don't make them wise!
Professor

Chicago, IL

#20 Mar 27, 2013
economic observer wrote:
<quoted text>Well it worked for obama why not me?
Remember, Obama is not spending his own money. You need to persuade others to give you their money to spend! That's the trick!
Professor

Chicago, IL

#21 Mar 27, 2013
economic observer wrote:
<quoted text>Well it worked for obama why not me?
Are you printing money?

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