Comments on: Not as it seems

By: Michael

Michael — Tue, 24 Nov 2009 21:34:25 +0000

re: Hyper-inflation? Read this. — Garth

Ironically, it was in Japan that Bernanke mentioned that the U.S. could print dollars thereby deflation could be avoided. At best, stagflation, worst case hyperinflation.

By: Michael

Michael — Fri, 20 Nov 2009 23:28:15 +0000

Respectfully, Japan has experienced deflation pressure for the past 15 years, could counter with Zimbabwe’s hyper-inflation, neither argument is very practical for this discourse.

By: Michael

Michael — Fri, 20 Nov 2009 17:05:08 +0000

re: #82 "If you think hyperinflation is around the corner with $5,000 gold and endlessly higher real estate prices, well, enjoy that planet. It won’t be this one. — Garth" Here on this planet, governments are using quantitative easing to control bond yields; low interest rates to prop up equities. But, currencies around the globe are being devalued – hyperinflation is a currency event and it's quickly spreading worldwide. Gold’s recent surge indicates fear in the currency markets. If there is a Forex crisis, our debate is over. Hyper-inflation? Read this. -- Garth

By: Sanchez

Sanchez — Fri, 20 Nov 2009 15:10:02 +0000

This house reminds me of this video from NWA…’Straight Outta Compton’ …I feel so gangster:

http://www.youtube.com/watch?v=-MrQtOoQRpc

By: Mike (authentic)

Mike (authentic) — Fri, 20 Nov 2009 15:09:30 +0000

Gord in Vancouver “East Vancouver is much better than Compton.”

I’ve been there and I have to agree, East Van is closer to Torrance than Compton.

By: rp

rp — Fri, 20 Nov 2009 06:36:28 +0000

The US has millions of people living in homes but not paying the mortgage. The banks won’t even recognize the default because then they’d blow up (mark-to-market accounting is gone). This has stemmed the tide of price declines in the US and built up a massive inventory of future foreclosed homes.

Canadian banks have no incentive to do this. They can foreclose and sell promptly and bill CMHC for the loss. So I expect our market to head straight down as the jobs situation deteriorates.

By: Nostradamus Le Mad Vlad

Nostradamus Le Mad Vlad — Fri, 20 Nov 2009 05:20:53 +0000

A good description of sheeple by Sir Winston Churchill: "Men occasionally stumble over the truth, but most of them pick themselves up and hurry off as if nothing ever happened." -- Sir Winston Churchill (1874 - 1965) ------ 3:34 clip of Vaccines 1; Vaccines 2 "The issue here is not that this Priest is suspicious of the government, but that so many people in general are! Clearly, the world's political systems have lost the trust of their people. In other words, the US is not the only failing state." and Vaccines 3 ------ Negative T-Bills ------ So there! "This site will from now on be under the IAEA. And for your information there will be another inspection tomorrow of this site in order to make sure that we are fully cooperating," Soltanieh told reporters in Vienna on Wednesday. ------ There doesn't necessarily need to be an uprising against the govt. goofballs or any of that (yet) -- Alternative? Which is why 'net control is being spoken of. Recall the two links I placed last night or the night before, both on 'Net Control? More -- Net Control ------ US unemployment figures. ------ Remember that laptop that was stolen from an Iranian official in Tehran yesterday? Well, it's conveniently reappeared! (Although there were no secrets on Dimona.) ------ In Mumbai a while back, the talk after the bombings was the US was involved. Well, guess who loves to stir up trouble -- CIA / Mossad

By: Terry

Terry — Fri, 20 Nov 2009 05:16:06 +0000

Excellent quote around the 23 – 24 min mark.

http://maxkeiser.com/2009/11/19/video-the-keiser-report-markets-finance-scandal/

By: Wealthy Renter

Wealthy Renter — Fri, 20 Nov 2009 04:55:41 +0000

“But I’d say that will change by the Spring, when the ground’s soft enough to start work on the drone runway.”

Very funny. From squirrel pens to bunkers to drone runways, you do maintain a sense of humour in rather unfunny times. BUT, can’t you be like all of the rest of the well-to-do survivalists in Caledon? They just want target ranges, but nooo, you want a runway. I hate to see what that does to your next special assessment. No complaints then.

This blog is very informative on many levels. I am looking forward to the next book.

By: JoeCalgary

JoeCalgary — Fri, 20 Nov 2009 04:50:36 +0000

Roubini’s forecast is gloomy:

http://www.nydailynews.com/opinions/2009/11/15/2009-11-15_the_worst_is_yet_to_come_unemployed_americans_should_hunker_down_for_more_job_lo.html