Einstein: “Insanity is doing the same thing over and over and expecting different results.”
Oct 9, 2008 Market Outlook
Einstein: “Insanity is doing the same thing over and over and expecting different results.”
Arpie: “Mass psychosis is expecting the same people who created a crisis to solve it.”
$700 bailout mess is complicating matters. Our government’s highest priority is to restore calm in the markets and cause cash to circulate. But I don’t think this bailout will solve the problem. It’s just a big waste of money. You’re going to see growing inflation over the next few months. Commodities will rise slowly except for those base metals related to industries such as automobiles, housing, and heavy manufacturing, which have experienced heavy sales losses. So where do we go from here?
I have word from a high-level official the dollar and our currency systems are going to breakdown before January 15th. I hope it doesn’t happen, but that’s my contact’s prognosis has been correct 99 times out of 100. That’s pretty scary.
TGR: So if the system breaks down then what?
http://www.marketoracle.co.uk/Article6678.html
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I have no idea of whether or not this has any validity. I have, however, myself, pointed out that after the election and before the new President is seated, we face great risk in the dollar. Why?
Simply because dumping all the blame on this administration and allowing the new one to operate under a crisis mode where the voters will allow all kinds of fascist tactics be used to “save them,” would make sense to people who want more power and control over what happens.
Waiting until after the new administration is seated risks them getting some of the blame and voters not “trusting” their motives as much.
The article’s timing makes sense too, in that the closer to the end of this administration, the better for them to “get out of town,” quickly after the collapse.
Again, it is an unsubstantiated theory or guess and that is all that it is. I only say that you should have a plan on what you will do with your cash and investments so that you can move quickly should something like that happen.
JanPaul
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Tags: Automobiles, Bailout, Base Metals, Collapse, Commodities, Crisis Mode, Currency Systems, Einstein, Heavy Manufacturing, Inflation, Insanity, Mass Psychosis, Motives, New Administration, New President, Prognosis, Tgr, Validity, Waste Of Money, Would Make Sense


































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