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Marc Faber Is Back: "It Will End Badly... We're In A Worse Position Than 2008"

Tyler Durden's picture




 

"It will end badly," Marc Faber explains in this brief CNBC clip, "the question is whether we will have a minor economic crisis and then huge money printing or get into an inflationary spiral first." If you thought that "we had a credit crisis in 2008 because we had too much credit in the economy," then Faber notes "there is that much more credit as a percent of the economy now." Of course, as Bill Fleckenstein recently noted, as long as stocks are rising, investors remain blinded by the exuberance, but as Faber concludes, "we are in a worse position than we were back then," and inflation is already here...

 

 

On China's explosive credit growth:

"Look at China, its credit as a percent of the economy has increased by 50 percent in the last 4-1/2 years. This is the fastest credit growth you can imagine in the whole of Asia,"

On the inevitable endgame:

"It will end badly and the question is whether we will have a minor economic crisis and then huge money printing or get into an inflationary spiral first,"

On the hidden inflation impacts around the world:

"Why are so many product prices in Singapore and Hong Kong more expensive than in the U.S.? It's because when you have asset inflation and high property prices, shops have to pay higher rents, so they charge more for their products. So asset inflation can flow into consumer inflation,"

 

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Mon, 11/11/2013 - 19:15 | 4143956 Conman
Conman's picture

Has Marc bought his tank yet?

Mon, 11/11/2013 - 19:21 | 4143973 Trimmed Hedge
Trimmed Hedge's picture

Those are pricey..

Does selling fear really pay that well?

Mon, 11/11/2013 - 19:27 | 4143985 zaphod
zaphod's picture

"Marc Faber Is Back"

Marc Faber left? He is on ZH every day, I swear sometimes I think Tyler is Marc Faber and he created ZH just to drive links to himself...

Mon, 11/11/2013 - 19:35 | 4144015 falak pema
falak pema's picture

its the club of doomers n gloomers and they all want to be rich in gold; Mckenna's gold.

L'or de Mackenna (1969) - IMDb

How does that end? 

Mon, 11/11/2013 - 19:39 | 4144029 akak
akak's picture

Hey Falak, aren't you an Indian?  I though Indians were supposed to traditionally like gold?  Or are you one of the 'educated" elite Indians who of course are 'above' such backward 'barbarism'?

Mon, 11/11/2013 - 19:43 | 4144039 Running On Bing...
Running On Bingo Fuel's picture

You know my plans for my Indian friends....

Would you prefer fossil diesel or Indian diesel?

Over.

Mon, 11/11/2013 - 20:01 | 4144078 falak pema
falak pema's picture

there's an old apache saying : you want gold so badly you prefer its touch to that of your mother.

Its true mothers die and return to hunting grounds like old bones; gold just lies there unspoken right from the beginning. 

Mon, 11/11/2013 - 20:07 | 4144087 Running On Bing...
Running On Bingo Fuel's picture

Oh, my plan is for dot.

Over.

Mon, 11/11/2013 - 20:32 | 4144141 SRSrocco
SRSrocco's picture

Nothing like a little money printing to keep things going for a little while longer:

U.S. TREASURY: Ramps Up the Zimbabwe Style Printing Press

 

Mon, 11/11/2013 - 22:49 | 4144600 yogibear
yogibear's picture

Bernanke/Yellen and the other fed members took notes on how high the Zimbabwe stock market climbed.

This  Fed's wet dream.

Tue, 11/12/2013 - 06:22 | 4145282 Truthseeker2
Truthseeker2's picture

It will all end with the BIGGEST Sucker's Rally of all time!

"As the market approaches 16,000, everything points to one

last hurrah for the smart money to con the stupid out of their

dumb money."

All Four Wheels Come Off The Anglo-American Juggernaut

.

http://cosmicconvergence.org/?p=2127

Tue, 11/12/2013 - 16:03 | 4147154 rum_runner
rum_runner's picture

That's what I don't get.  Yeah we all know what's happening is a bunch of bullshit but it's happening all the same.  So long as the Fed squirts $40 billion a month basically directly into the equities market why should the markets ever crash?  Why shouldn't we end up with gradually rising P/Es for as long as the game is on?

In other words, who is putting money where their mouth is and is shorting this shit?

Mon, 11/11/2013 - 21:20 | 4144270 venturen
venturen's picture

don't you have some real estate or some fraud stock to sell people?

Mon, 11/11/2013 - 20:42 | 4144159 tempo
tempo's picture

The golden rule...He who has the money and the weapons rule. But It will end badly for the 3 billion in the undeveloped countries. For the 3 billion of us in developed countries we will continue to live well, not w/o complaining and bitching but always w a full stomach, cable/football/entertainment , cell phones, cars, a/c health care, (sex, sex and more sexx, education, etc. All developed countries engaging in competitive devaluation of currencies which supports entitlements which are necessary due to automation which makes most labor virtuously worthless. So the developed nations are strategically aligned against the undeveloped unarmed poor masses who earn $2/day while the .01% in the developed world will eventually own everything including weapons of mass destruction. The .01% have the money, the government and weapons. I am glad I live in America.

Mon, 11/11/2013 - 21:18 | 4144262 therevolutionwas
therevolutionwas's picture

Gold and silver are money,  and they are leaving developed countries big time.  Heading east.  I'm glad I can continue to buy a little money with my fiat paper.

Mon, 11/11/2013 - 22:00 | 4144417 JamesBond
JamesBond's picture

correct use as much of this fiat as you can now to purchase gold and silver; while you are still able...

 

jb

Tue, 11/12/2013 - 09:41 | 4145565 Global Observer
Global Observer's picture

The developed countries are the worst places to be in today unless you are part of the elite. Global food prices will rise, but the availability will not drop. Food importers may have to subsidize food imports to keep the local prices under check, but entirely doable and preferable to food riots. Countries with subsistence level food production may have to curb food exports to keep local prices in check.

However, in the developed world, food bill will become the lergest component of their monthly expenses, pretty much like for those living on $2 a day in the developing countries. In absolute terms those in the developed world will be better off than their counterparts in the developing world, but that will hardly be a consolation when each passing day is worse off than the previous one.

Mon, 11/11/2013 - 19:23 | 4143976 MSimon
MSimon's picture

Market tank?

Mon, 11/11/2013 - 19:37 | 4144017 wee-weed up
wee-weed up's picture

Got gold?

Mon, 11/11/2013 - 19:27 | 4143974 dcohen
dcohen's picture

As long as Mr Faber talks, markets will not correct, he needs to start going on air saying that he is convinced this will end good, then the shadowy men will start selling, because they know all the bears or realists listen to Faber, did at least.

Mon, 11/11/2013 - 19:35 | 4144016 Hedgetard55
Hedgetard55's picture

As long as Ben/Janet are printing, the markets will not implode.

Mon, 11/11/2013 - 21:15 | 4144247 therevolutionwas
therevolutionwas's picture

Yes, just like in Zimbabewe.

Mon, 11/11/2013 - 22:53 | 4144619 yogibear
yogibear's picture

Don't knock Zimbabwe, their stock market skyrocketed when they hyperinflated.

Tue, 11/12/2013 - 04:43 | 4145216 zebrasquid
zebrasquid's picture

Take a large emerald, smash it into 1000 pieces. you now have 1000 emeralds. you feel richer? You're poorer, actually, since your rare large emerald is now pulverized. I guess that's how the Zimbabwe citizens felt, and where we all are headed.

Tue, 11/12/2013 - 05:52 | 4145260 The Big Ching-aso
The Big Ching-aso's picture

All this is just the tip of the ponytail.   The real hairy stuff is yet to come.

Mon, 11/11/2013 - 20:47 | 4144171 carlin401
carlin401's picture

Marc say's,

In the long term gold will go up, and USD will go down.

Marc Say's

In the short-term USD will go up, and Gold will go down

Marc 'never' defines short or long,

Marc is the talking head of 'chomskys' manufacturing consent where TPTB controls both sides of the debate.

Will it end badly for whom? Certainly not for Marc,

So it will it end badly for? That is the fucking question?

Tue, 11/12/2013 - 02:06 | 4145059 ReactionToClose...
ReactionToClosedMinds's picture

Sir:  I have no interest in any form in Faber's success.  Faber and Felix Zualuf were among a clear-eyed group that saw what Fall 2008 produced.  No one can predict the future .... but if you smoke, eat candy all day and drink 2 6 packs of beer every day, well, something unhealthy will result to you.  That is all they are doing .... pointing out what is increasingly obvious.   Laugh & mock Faber all you want.  Do not expect someone to change your diaper for you ... you are a free-thinking independent agent.  Do what you will ...... now is the best time to go into equities ... or maybe next week ... or early next year ........

The point ..... you want the odds on your side when you commit your capital.    To many, the odds now are not in your favor. 

Mon, 11/11/2013 - 19:27 | 4143984 chump666
chump666's picture

Marc Faber is great.  He studies history and we are repeating history.  All inflationary money print up ends in deflationary chaos.  It just this time its synchronized with the central banks throughout the world.  When it blows, we all going to feel it at the same time

Mon, 11/11/2013 - 19:28 | 4143990 dcohen
dcohen's picture

Maybe "money" doesn't represent what it traditionally used to represent, and if so, how can we draw conclusions about the future just by looking at history?

Mon, 11/11/2013 - 19:48 | 4144049 Gumbum
Gumbum's picture

Exactly!

This is why most mainstream economists fail miserably at predicting growth at the moment. Their models say there should be growth but they don't understand "the real" underlying economy, energy, resources...exponential growth inevitable ends up in scarcity and depletion. To them growth is a constant, but we humans are about to learn that nothing grows forever and that money and the economy is NOT seperated from the real world.

They can print a gazilion credit units...that won't magically materialize resources.

Mon, 11/11/2013 - 21:11 | 4144235 therevolutionwas
therevolutionwas's picture

According to history, in the future money will represent toilet paper, me thinks.

Tue, 11/12/2013 - 01:08 | 4144967 ebworthen
ebworthen's picture

"Money" is always tied to labor, sooner or later.

The labor of the soldier, the teacher, the mason, and anyone else.

Representations of money and what it can buy are what changes.  Fiat, Precious Metals, Land, and ultimately Labor.

As the modern world devalues labor and the sweat of one's brow it becomes more and more valuable to revolt and end the status quo.

That is what history teaches.  Technology and new whiz-bang methods of valuation matter not; sooner or later it is reduced to individual labor and what individuals are willing to do, or not do.

Mon, 11/11/2013 - 19:48 | 4144047 Running On Bing...
Running On Bingo Fuel's picture

I won't feel it. I work at Walmart and get an employee discount.

Over.

Mon, 11/11/2013 - 21:09 | 4144226 therevolutionwas
therevolutionwas's picture

Yeah, but do you get a discount on the booze?

Mon, 11/11/2013 - 19:29 | 4143997 Lewshine
Lewshine's picture

"So asset inflation can flow into consumer inflation," That's Bullsh**!! Not as long as every bogger eating asset manager moron who recites the fed's monthly fraud data, that continually equates to 1 to 2%, since 1960 <clearing my throat> "Inflation target is well below consensus at 1.5%"  DIE!!!!!!!!!!!!!!!!!

Mon, 11/11/2013 - 19:30 | 4143998 Goldilocks
Goldilocks's picture

END GAME: Official Movie Eugenics pt1
http://www.youtube.com/watch?v=veHhcxQjZ2w (9:38)

END GAME: Official Movie Eugenics pt2  
http://www.youtube.com/watch?v=3ukluBe216k (10:00)

END GAME: Official Movie Eugenics pt3
http://www.youtube.com/watch?v=gfieXKN_Vbg (10:00)

END GAME: Official Movie Eugenics pt4
http://www.youtube.com/watch?v=93iiHewRTFs (9:57)

END GAME: Official Movie Eugenics pt5
http://www.youtube.com/watch?v=uyMU0YhxsB0 (9:55)

END GAME: Official Movie Eugenics pt6
http://www.youtube.com/watch?v=WBausDfswMA (3:58)

~//~

EndGame Alex Jones full length version HD
http://www.youtube.com/watch?v=BanJwYcrc5A (2:19:30)

Mon, 11/11/2013 - 19:49 | 4144053 Running On Bing...
Running On Bingo Fuel's picture

2:19:30 of Alex Jones? Bro, really?

Over.

Mon, 11/11/2013 - 20:04 | 4144084 Goldilocks
Goldilocks's picture

Wayne Madsen Reports CIA Control of Afghanistan's Opium Fields on Alex Jones Tv 1/2
http://www.youtube.com/watch?v=6hUlPCElNz0 (10:49)

Wayne Madsen Reports CIA Control of Afghanistan's Opium Fields on Alex Jones Tv 2/
http://www.youtube.com/watch?v=GysjymEEERo (7:44)

Mon, 11/11/2013 - 21:08 | 4144219 Keyser
Keyser's picture

Just why do you think the US military is in Afghanistan? Opium production was well down under the Taliban. Once the US came on the scene, production numbers went back to normal. The CIA has to make $$$ to pay for all those toys supplied by the MIC and what better way than to sell heroin on the world market. 

 

Mon, 11/11/2013 - 21:12 | 4144237 carlin401
carlin401's picture

Like +40 year old News "CIA controlling Opium in Afghan", ... news to whom?

Why does the zero-head leadership, always report 50+ year old news in the context that it is 'new'.

The CIA's job since 1947 is to protect the black-market worldwide and make sure that oil, drugs, human blood, tissue, whores, all all traded in US dollars.

So long as you trade in US dollars your gig is protected in the mob sense, if you were to say trade your cocaine for euros your family would get droned in a nano-second in columbia,

This shit again has been going on +60 years, ...

Mon, 11/11/2013 - 20:41 | 4144155 Save_America1st
Save_America1st's picture

Nice!  Thanks for posting.  His documentaries are spot on.

Mon, 11/11/2013 - 19:31 | 4144002 DOGGONE
DOGGONE's picture

Define "Leadershit".
Include in your definition the absence of this from the public eye:
The Public Be Suckered
http://patrick.net/forum/?p=1230886

Mon, 11/11/2013 - 19:32 | 4144003 kensdad
kensdad's picture

Of course, Faber is right.  Of course, the markets will crash again.  Of course, Central Bankers, Politicians, and Wall Street will claim that "no one could see it coming"...  again...

Einstein is rolling over in his grave as we keep doing the same thing and expecting a different result.

Mon, 11/11/2013 - 21:08 | 4144220 carlin401
carlin401's picture

If you cannot fight them join them, ...

Only a fool rocks a boat in a sea of sharks.

Those in the boat ( goldman sacks ) are doing just fine, probably best place to be today would be

1.) GS
or
2.) NSA/CIA

All else will eat arse-peas

Mon, 11/11/2013 - 21:10 | 4144230 Keyser
Keyser's picture

After everybody and his brother has been calling for a collapse for the last several years, it gets a bit tiresome. Give us a date already or someone just pull the plug for Pete's sake.  

 

Tue, 11/12/2013 - 04:29 | 4145209 zebrasquid
zebrasquid's picture

The date will be on tha date that the 1000th post like yours is posted. so, anyday day now..

Mon, 11/11/2013 - 19:33 | 4144005 Peter Pan
Peter Pan's picture

The plan is to let the situation get progressively worse without collapsing the banks and without starting a riot. Eventually the baby boomers will die and there will be almost no one left who will remember what the better days were like.

The Ministry for Happiness will then tell the next generation that they are part of the new Nirvana.

Mon, 11/11/2013 - 19:37 | 4144021 akak
akak's picture

"MiniPlenty has just officially announced that the monthly ObamaChocolate (aside: is that a redundancy?) ration has just been increased from 25 grams to 20 grams."

Tue, 11/12/2013 - 01:13 | 4144977 ebworthen
ebworthen's picture

My ice cream went from 1/2 Gallon to 3/8 of a gallon but at the same price.

That's a good thing, right?

Tue, 11/12/2013 - 02:29 | 4145089 akak
akak's picture

It simply proves that there is no inflation in food prices.  None whatsoever.

 

Remember: "Ignorance is Strength"

Tue, 11/12/2013 - 03:04 | 4145135 Miffed Microbio...
Miffed Microbiologist's picture

Comrade, you should be appreciative you are still allowed to purchase that health destroying substance. Now that Obama has fixed Healthcare and is now focusing on solving Climate Change, saving us from obesity is the obvious next step. Savor your reduced portion sized treat with relish. Those days in your possession are numbered.

Miffed;-)

Tue, 11/12/2013 - 03:22 | 4145163 akak
akak's picture

When Twinkies are outlawed, only nutritional terrorists will eat Twinkies.

Tue, 11/12/2013 - 07:03 | 4145298 Rip van Wrinkle
Rip van Wrinkle's picture

It's called 'deflation',i.e. the amount you buy falls for same amount of fiat paper.

Tue, 11/12/2013 - 16:17 | 4147224 rum_runner
rum_runner's picture

3 and 8 are bigger numbers than 1 and 2 -- so yes!

Mon, 11/11/2013 - 19:51 | 4144056 surf0766
surf0766's picture

Enough with the boomer shit. Who cares.

Mon, 11/11/2013 - 20:25 | 4144122 perchprism
perchprism's picture

 

Enough with the boomer shit. Who cares  ?

Ooooh!   I know the answer!!

Mon, 11/11/2013 - 21:05 | 4144211 therevolutionwas
therevolutionwas's picture

Idiocracy!  Can't wait.

Mon, 11/11/2013 - 21:14 | 4144244 Keyser
Keyser's picture

Who would have ever thought that the plot of a bad B-movie would mirror reality so closely. Just waiting for Ric Flair to run for President!!!! 

 

Mon, 11/11/2013 - 19:39 | 4144024 deerhunter
deerhunter's picture

We aren't in Nirvana?  Dammit.

Mon, 11/11/2013 - 19:41 | 4144033 akak
akak's picture

Not yet, but since technically Nirvana is "the extinction of the self", I would say that we are well down the road toward it.

Mon, 11/11/2013 - 19:40 | 4144031 Wilcox1
Wilcox1's picture

Bring Marc on every day.  

Tue, 11/12/2013 - 03:06 | 4145138 SilverShortage
SilverShortage's picture

You can get Marc Faber all day everyday @ http://www.marcfabernews.com

Tue, 11/12/2013 - 03:08 | 4145142 SilverShortage
SilverShortage's picture

You can get Marc Faber all day everyday @ http://www.marcfabernews.com

Mon, 11/11/2013 - 19:41 | 4144034 Colonel Klink
Colonel Klink's picture

Seems like the needle on the record keeps skipping.  Someone please let me know when "it" happens.

Mon, 11/11/2013 - 20:04 | 4144082 Running On Bing...
Running On Bingo Fuel's picture

We're in 'it' right now Klink. It's not a light switch.

Over.

Tue, 11/12/2013 - 11:33 | 4145966 Colonel Klink
Colonel Klink's picture

Awesome, someone please wake me when it's over and the rebuilding can begin.

Mon, 11/11/2013 - 19:43 | 4144037 silverserfer
silverserfer's picture

I'd believe Faber a lot more if he grew a fat pony tail and said "man" a lot.

Mon, 11/11/2013 - 19:52 | 4144059 xamax
xamax's picture

We see s&p's at 1900 by year end. My personal target is even 2000.

Mon, 11/11/2013 - 19:54 | 4144063 q99x2
q99x2's picture

We are all DOOMED bitchez.

Mon, 11/11/2013 - 20:56 | 4144195 CrashisOptimistic
CrashisOptimistic's picture

This frequent flailing of hands in the air and talking about history is not just fundamentally wrong, it also reinforces the mindset of "everything is going to be all right -- because here we are so it always has been all right in the past"

Forget history.  There is no history.  This world of crushing net transport joules scarcity and 7 billion mouths has never existed before.  There are no precedents.  Fed this and money that do not matter.  They can't undo the collapse of net transportation energy input into civilization.

The future is not bright.  The future will never be bright again.  The N word.  Never.

Mon, 11/11/2013 - 21:04 | 4144210 carlin401
carlin401's picture

If your rich like Faber, and live in Mae Rim north of chiang-mai life is very good, and if you own a Hawaiian Island like bill gates life is good,

If you can afford to go ex-pat to 'new zealand' life is damn good, if you live anywhere near the USA, or a place that mines OIL, your life is fucked,...

"Elysium" ( see the fucking movie ) is here now,... the 7B yes they will rot in their own hell, but the rich, will be just fine,

Mon, 11/11/2013 - 21:21 | 4144272 Keyser
Keyser's picture

Could be worse. We could be living in the Democratic Republic of the Congo. How would you like to be on that end of the gene pool? 

 

 

Tue, 11/12/2013 - 14:42 | 4146703 akak
akak's picture

It's obviously bad because it's Democratic.

Mon, 11/11/2013 - 21:01 | 4144206 therevolutionwas
therevolutionwas's picture

Vee are Dooomed.

Mon, 11/11/2013 - 19:57 | 4144068 razorthin
razorthin's picture

One thing is for sure.  You will get your face ripped off going short, but you've had an eternity to get out of your longs.

Tue, 11/12/2013 - 16:18 | 4147232 rum_runner
rum_runner's picture

Well which is it?  You can't cash in your longs without a short making money in the process.

Mon, 11/11/2013 - 20:12 | 4144103 The Wedge
The Wedge's picture

 

 

Today on CBBBBBCNBBBC Marc Faber explains our predicament....again.

Talking Gibberish Head: So tell us Marc, how will this end?

Faber: It will end badly.

Talking Fed: Well Marc, you were on a month ago and you said it would end badly then but I'm wondering do you now think it will end sorta bad? Maybe kinda bad? Most likely good?

Faber: It will end badly.

Talking Moron: But Marc, the Fed has hinted at tapering so I can't understand why you think this will end badly.

Faber: It will end badly.

Babbling Head: Well Marc, there's no question it will end, just when. Back to you Bob.

We learn so much from floating heads.

Mon, 11/11/2013 - 20:29 | 4144135 grunk
grunk's picture

Why does he keep talking to CNBC?

Mon, 11/11/2013 - 20:55 | 4144163 carlin401
carlin401's picture

His newsletter 'doom and gloom' is $1,000/year,

Everytime he goes on the 'news' tens of 1,000's of folks go to
his website, and dozens PAY ( subscribe $$$ ),

He's got a very sweet deal going on with CNBC.

**

Funny that most of the charlatans on the web are hocking 'newsletters', .. funny indeed

"End of the World Soon, Subscribe to my $1000/year newletter and how tell you how to get rich and survive..."

[ SOLUTION? "Start your own newsletter like me, and get rich off of suckers forever ... " ]

Mon, 11/11/2013 - 21:25 | 4144287 Keyser
Keyser's picture

Can you say Gerald Celente... 

 

Mon, 11/11/2013 - 20:42 | 4144160 carlin401
carlin401's picture

TOP SECRET - Daily ZeroHead OP check list

Story Lines

1.) marc faber, check
2.) bitcoin, check
3.) jim rogers, check ( date & very old check )
4.) ron paul, check ( from +40 year old quote, ... check )
5.) fukashima, check
6.) diss japan or europe, check

All the subjects fit to discuss 24/7 on ZH

Taboo: GoldmanSacks, AIPAC, BIS,

Note to moderators, if you see anyone post comments on 'taboo' subjects, delete account.

Mon, 11/11/2013 - 21:34 | 4144315 Keyser
Keyser's picture

Max was a bit wound up and justifiably so. 

 

Mon, 11/11/2013 - 21:16 | 4144257 JD59
JD59's picture

As long as the U.S. FED has the MASTER printing press of the world, and Barack Barry (No Jobs) Hussein Soetoro is in charge, the stock market, DEBT, gold, silver, land, and other hardon assets (guns, bullets, beans & rice) will go UP! Period!

www.usdebtclock.org

Mon, 11/11/2013 - 21:24 | 4144285 carlin401
carlin401's picture

Yep, bring back 'twisted shrub bush', and happy-days will return, ...

Funny how all that ails the USA is cuz of the OREO? I can remember the USA sucking DICK all the way back to the 1950's in fact, I know for a fact the USA was a GRIFTOPIAN SHITHOLE even before the OREO was born.

FED? They're just doing their job, flooding the fucking world with dollars, to prevent DEFLATION, because that's when things would really get ugly, so all of you thank god for the FED.

The USA is a failed PENAL COLONY, a nation of low IQ hairlips, genetically pre-disposed towards homocide. Probably the greatest PONZI of the USA was 'immigration', keep the worlds POOR flowing to the USA for cheap wages, and new felons to imprison.

MONEY is the Blood of the USA, so see the FED as a doctor, OREO-OBAMA was simply placed to put a black-face on Genocide in the OIL world, it didn't look good having a quayle or bush sending brown and black boyz to die in GS wars abroad.

Talk shit, ... Obama+FED, and pay NO attention to AIPAC, GS, and BIS.

Just like here on ZH, faber,bitcoin,rogers,paul,... just the same shit everyday, and never even close to understanding, ... yes repetition is insanity.

Mon, 11/11/2013 - 21:37 | 4144327 therevolutionwas
therevolutionwas's picture

Geezz, thought I was cynical! Anyway, there are lots of sites full of AIPAC,GS and BIS.  Perhaps you havn't found them yet.

Tue, 11/12/2013 - 01:22 | 4144991 The Wedge
The Wedge's picture

 

 

You need to rotate your tripe a little more. It's easily recognizable ananonymous. You used the same tripe almost word for word a week ago. But at least you went light on the use of quotations. Still don't know how to use them properly though. It's like you take the worst stereotypes about America and jam them into a post thinking it makes sense. Like a caricature. I wonder where you're from? I have my guesses but that's neither here nor there.

I would never argue that somehow the US is perfectly run or populated. But I'll take MY shithole over yours any day and I don't even know where you are.

Mon, 11/11/2013 - 21:26 | 4144290 JD59
JD59's picture

http://data.bls.gov/pdq/SurveyOutputServlet

January 1978 is where we are at today!

Mon, 11/11/2013 - 21:35 | 4144317 blindman
blindman's picture

Pretenders Waste Not Want Not
http://www.youtube.com/watch?v=UkL9SwhuDQQ
.
Elvis Costello - Pidgin English
http://www.youtube.com/watch?v=dldrqhTq7W0
.
oh well.

Mon, 11/11/2013 - 21:43 | 4144347 blindman
blindman's picture

http://dissidentvoice.org/2013/11/2-little-girls/
.
2 Little Girls
by Paul Lojeski / November 11th, 2013
.
The first little girl was eight,
blonde and pretty. She lived
in a small town in America,
also called the Land of Heroes.
She was in the classroom of a
quaint little school in a nice part
of the country. I knew this because
she was in a commercial that ran
hundreds of times a day on the
Propaganda Box. Then a square-
jawed handsome man entered the
room He was a soldier wearing a
sharp military uniform. His dark
eyes, the eyes of a hunter, darted
about the room until they settled
on the pretty, little blonde girl
who he hadn’t seen in a year
and he moved quickly towards
her. When she saw him, she
started screaming in joy,
in unmitigated joy.

The second little girl was eight,
olive-skinned with thick, black
hair. She lived in a modest house
in northern Pakistan. I don’t
know this for a fact because
there was no commercial
on the Propaganda Box showing
her. Her house was next door
to an old man she called Uncle.
Uncle was on a list compiled by
Heroes. She was playing in the
living room. Her mother and father
and little brother were in the front
yard, talking to Uncle who was
in his yard, gardening. None
of them saw or heard the drone
approaching, piloted by the first
little girl’s father, known as Hero,
from an operations room on
a secret military base. He fired
the missile and it howled down

at them, and it was a direct
hit. Uncle and the second
little girl’s mother, father
and little brother were blown
to bits in a roar of destruction
and the second little girl ran
outside through walls
of burning black smoke
and leaping flames to see
the flesh of her beloved ones
ripped to shreds and she
started screaming in agony,
in unmitigated agony.

Paul Lojeski's poetry has appeared in journals and online. He’s also the author of the satiric novel, The Reverend Jimmy Pup. He lives with his wife and daughter in Port Jefferson, NY. Read other articles by Paul.
This article was posted on Monday, November 11th, 2013 at 2:04pm and is filed under Poetry.
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comment: who are the sick fucking terrorists?
or is it fucking sick terrorists?

Mon, 11/11/2013 - 22:03 | 4144437 robertocarlos
robertocarlos's picture

The retailers cannot survive high rents. They can't pas the price increases when the consumers have no money or credit.

Mon, 11/11/2013 - 22:43 | 4144582 Moe Howard
Moe Howard's picture

The sky is falling the sky is falling!

 

But when? Timing is everything.

Tue, 11/12/2013 - 00:32 | 4144896 therevolutionwas
therevolutionwas's picture

Boy! If a person KNEW when!  They could be very, very wealthy.

He follows the Austrian School. they don't know when, just  that the crack-up boom must happen.

 

Mon, 11/11/2013 - 23:05 | 4144664 Constitutional ...
Constitutional Republic's picture

Faber is a rootless cosmopolitan; part of the problem, not the solution. He only speaks out after he lost money, and hopes to regain it in ways that serve no land, no people, no decent society. He's one smart schmuck.

Tue, 11/12/2013 - 02:53 | 4145123 dojufitz
dojufitz's picture

History shows you can print alot of extra paper notes and still have asset deflation....

because when the Govt is chasing to tax everyone's money (due to their own idiotic spending),

people will hide their money and prentend they have very little......

print all you want - the system will crash due to govt needing money and will introduce endless draconian laws to justify its elephant ass.

Money will be hoarded.

Tue, 11/12/2013 - 03:03 | 4145133 SilverShortage
SilverShortage's picture
http://www.marcfabernews.com

[VIDEO] Marc Faber : The Fed likely to increase Bond purchases

Marc Faber, Editor and Publisher, Gloom, Boom & Doom Report expects US Federal Reserve to increase bond purchases. He also said that India could grow at around 7% if regulatory environment would improve.

 

http://www.marcfabernews.com/2013/11/marc-faber-fed-likely-to-increase-b...

Tue, 11/12/2013 - 03:05 | 4145137 dunce
dunce's picture

obama and the democrats have a lock on policy, though it is all falling apart, they do not seem to care because in the past they have been able to blame feckless republicans for all their mistakes. Will it really be different this time? The senators up for election this cycle are concerned, but none of the rest seem bothered by the coming crash.

Tue, 11/12/2013 - 08:10 | 4145388 Evan Raps
Evan Raps's picture

i would recommend reading Ray Dalios research on deleveraging ... http://www.bwater.com/Uploads/FileManager/research/how-the-economic-machine-works/ray_dalio__how_the_economic_machine_works__leveragings_and_deleveragings.pdf

instead of listening to someone who is just trying to get on TV in order to get some attention and sell his worthless research to retail investor 

 

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