Monday, May 24, 2010

Nations Will Print Money, Go Bust, Go To War...

... We Are Doomed.

by Andrew Mellon - May 23rd, 2010 - Big Government

Today the leading Austrian economic think tank, the Ludwig von Mises Institute held a conference at the University Club in Manhattan in which Marc Faber, famed contrarian investor and publisher of the “Gloom, Boom and Doom Report” gave his perspective on the financial crisis and his outlook for the future.

Below are his main points and entertaining quotes:

- Central banks will never tighten monetary policy again, merely print, print, print.

That is just the first point. The rest of the list is equally alarming!

Read the article. It is clearly a more realistic look at the most probable outcome for the next few years than the rosy picture that Barack Obama is peddling.

Nuclear bombs in Tel Aviv? Absolutely going to happen unless Israel summons the courage to take out the Iranian nuclear capability like they did with Iraq's when Saddam Hussein was planning the same world takeover that Iran believes they can accomplish.

Best advice in the article. Buy a house in the country side and live as far from America's major population centers as you can. Like Tel Aviv, America's major cities are prime targets for nuclear bombs when the shooting starts.


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