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DOW 2,000 Here We Come - Get Out Now While You Still Can
On Wed, 20 May 2009 16:17:59 -0700 (PDT), Möbius Pretzel
wrote: Jim Rogers - May 20, 2009 Where do you put your money? From CNBC: The stock market may hit new lows this year or the next as the current rally has been largely caused by the money printed by central banks and fundamental problems remain unsolved, legendary investor Jim Rogers told CNBC Wednesday. His views echo those of renowned bear Marc Faber, who told CNBC last week that the rises in share prices did not mean the world was embarking on a path of sustainable economic growth. "I'm not buying shares if that's what you mean. Not at all," Rogers told "Squawk Box Asia." "The bottom will probably come later this year, next year, who knows when," he added. http://revolutionarypolitics.com/?p=699 Our economy has non-reversible flaws. Naturally, the hucksters think McDonald's,Wal-Mart, etc., will restore our position in the world market. ted ps. Social conflicts will rise due to third-world immigration and economic disaster. |