On Fri, 22 May 2009 13:14:43 -0700, "Calif Bill"
wrote:


"Rod Speed" wrote in message
...
Calif Bill wrote:
"Speeders & Drunk Drivers are MURDERERS"
wrote in message
...
On May 20, 5:57 pm, wrote:
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.

It's true the economy is a mess but they're "fixing" it by pumping
trillions of $ into it and that will probably cause hyperinflation.

Nope, you watch. WW2 didnt, and this wont either.

And that means the stock market will RISE a little as the economy sinks a
lot.

Pure pig ignorant fantasy.

I don't think we'll see 2000 DOW even if we have unemployment at 30%..

We may see a DOW at 50,000. But that will be caused by hyperinflation.

Nope, because we wont see hyperinflation.


At the rate the government is spending and seeing no plans to slow down
spending, hyperinflation is a very real possibility.


I recall reading an article about Argentina's inflation spiraling up.
The articel of years ago - someone of the posters may find specific
from a Google search - made mention that it got so bad that Argentina
was have its paper money printed in Chile, crated and flown to
Argentina's financial banking system for circulation as an attempt to
stimulate the economy. And every once in awhile crates would come up
missing.

Jntil the US can somehow bring oversight, accountability and
transparency, the voters can expect more of the same muck 'n mire
financial dealings.

DCI