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THE GREATER DEPRESSION---THE COLLAPSE OF 2009 PART 2


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#1 insideskinny

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Posted 01 February 2009 - 07:35 AM

THE GREATER DEPRESSION---THE COLLAPSE OF 2009
This is the second part of the interview with Gerald Celente conducted by Stock Shotz.
Gerald Celente of the Trends Research Institute talks about the Crash of 2008 and is calling for THE GREATER DEPRESSION AND THE COLLAPSE OF 2009
www.stockshotz.blogspot.com
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#2 humble1

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Posted 01 February 2009 - 07:40 AM

groan ... how many parts of THIS rant do we look forward to? :purebs:

Edited by humble1, 01 February 2009 - 07:40 AM.


#3 ed rader

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Posted 01 February 2009 - 12:17 PM

groan ...

how many parts of THIS rant do we look forward to?

:purebs:



oh now that the zapata is on the other foot you ain't likin' it eh :lol: . H1 how is your position going so far....?

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#4 pdx5

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Posted 01 February 2009 - 02:26 PM

Some of the best selling books of the 1980's and 1990's ----- (back then Internet was just a gleam in Al Gore's eye) The Great Depression of 1990 The Crash of the Millennium Stock Market Crashes of 1998 and 1999 They sold many many books. But the economy survived just fine thank you. Now with the internet it is much easier and cheaper to put an article on the web. I have lost count how many such articles I have read in the last 3 months. Will the US economy survive the housing bust? You betcha. Ho hum. Yawn.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#5 Russ

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Posted 01 February 2009 - 04:31 PM

Some of the best selling books of the 1980's and 1990's -----
(back then Internet was just a gleam in Al Gore's eye)


The Great Depression of 1990

The Crash of the Millennium

Stock Market Crashes of 1998 and 1999


They sold many many books. But the economy survived just fine thank you.
Now with the internet it is much easier and cheaper to put an article on the web.
I have lost count how many such articles I have read in the last 3 months.

Will the US economy survive the housing bust? You betcha. Ho hum. Yawn.


This is not just a housing bust it is also a banking bust which they are throwing hundreds of billions at. Cracking the banks is what is required for a full blown depression according to Martin Armstrong who is now predicting we are entering a great depression 23-26 years long. After 2012 the unfunded liabilities of 50 trillion dollars will begin to create serious dificits.

Of Armstrong it has been said by one of the top business journalists in Canada Michael Campbell... "Armstrong is different than most economists, he is usually right." His forcasting record is very strong. So is this going to be the one time when his economic predictions are wrong? Yes I know they put him in prison for alledged trading infractions that is a separate issue from his economic forecasts.
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"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



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#6 stocks

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Posted 01 February 2009 - 05:03 PM

We are good at learning from history.
;)

When commentators invoke 1929, I am dubious.

In fact, the current economic woes look a lot like what my 96-year-old grandmother still calls "the real Great Depression." She pinched pennies in the 1930s, but she says that times were not nearly so bad as the depression her grandparents went through. That crash came in 1873 and lasted more than four years. It looks much more like our current crisis.



http://chronicle.com...6h07p4hy9z83x18
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Defenders of the status quo are always stronger than reformers seeking change, 
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
 

#7 dlf

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Posted 12 February 2009 - 03:39 AM

THE GREATER DEPRESSION---THE COLLAPSE OF 2009
This is the second part of the interview with Gerald Celente conducted by Stock Shotz.
Gerald Celente of the Trends Research Institute talks about the Crash of 2008 and is calling for THE GREATER DEPRESSION AND THE COLLAPSE OF 2009
www.stockshotz.blogspot.com


Mr. IS,

I went back and looked for your post this late am. I am familiar with Gerald Celente. I use to have a subscrition to his thoughts/trends. Mish Shedlock is a good man with great points. Thanks for linking this video. Most are in denial of what is happening, yet evidence of what is to happen is all around us.

Thanks again, DL
The best investments are frequently the ones you did not make! To make a really good investment, which will in time appreciate by 100 times or more, is like finding a needle in a haystack. Most "hot tips" and "must buy" or "great opportunities" turn out to be disasters. Thus, only make very few investment decisions, which you have carefully analyzed and thought about in terms of risk and potential reward. Marc Faber