Max Keiser: Economic Collapse Is Imminent
#1
Posted 05 September 2012 - 02:08 PM
He also seems to break down the economics in a way that even the most economically-challenged individual could understand. Despite the source of this particular video, which I know many are critical of or simply write-off as a joke, I think the interview is really interesting if you have time to check it out. At the least, it provides some departure points for discussion on VERY relevant issues. And as I said, Keiser doesn't appear to be just some "friend of Alex Jones" hack who spews fearmongering conspiracy theories... He also has his own show on RT.
Anyway, among the key points here, he predicts that our economy will collapse/implode by April of next year. Additionally, he also predicts as a result that there will be an inter-generational "war" between those around 30 and under and those 50 and over or so, which will cause complete chaos. He also says to prepare, he would suggest to buy silver if you can't afford gold.
I've been of the mind that our economic system was not sustainable, so it isn't shocking, but I certainly hope it isn't as bleak as he predicts.
#2
Posted 05 September 2012 - 04:29 PM
#4
Posted 05 September 2012 - 05:47 PM
sorry i dont have it.
#5
Posted 05 September 2012 - 05:51 PM
I'd rather invest in dry goods, non-perishable foods, and other things that keep me alive and well.
#6
Posted 05 September 2012 - 05:54 PM
#7
Posted 05 September 2012 - 06:21 PM
#9
Posted 05 September 2012 - 07:43 PM
#10
Posted 05 September 2012 - 07:47 PM
True. I was under the impression that he wasn't equating economic collapse to societal collapse. He inferred that there would be some problems, but he said to invest in gold and silver as many have said that will be the next form or at least foundation of currency in a new economic system. He suggested silver as a substitute for gold if you couldn't afford gold. So, I assumed he is saying it wouldn't mean the end of everything as we know it, just that it would be a chaotic shift to a new system once it happened.If economic collapse is truly imminent why would I invest in silver?
I'd rather invest in dry goods, non-perishable foods, and other things that keep me alive and well.
#11
Posted 05 September 2012 - 08:27 PM
If he means another recession, I don't really care. Obviously it would be a negative to me and to everyone if another serious recession were to occur, but it wouldn't drive me to make any drastic changes.
#12
Posted 05 September 2012 - 08:59 PM
#13
Posted 05 September 2012 - 09:04 PM
#14
Posted 05 September 2012 - 09:25 PM
#15
Posted 05 September 2012 - 09:51 PM
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