Comments on: A Deflation Story http://dailyreckoning.com/a-deflation-story/ Entertaining Ideas on the Economy, Markets, Gold, Oil and Investing Strategies. Sun, 21 Mar 2010 22:00:29 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Bob White http://dailyreckoning.com/a-deflation-story/#comment-31982 Bob White Wed, 14 Oct 2009 14:39:40 +0000 http://dailyreckoning.com/?p=18991#comment-31982 When the United States fails, I think an obvious conclusion will be a world wide nuclear war. Note past histories. It took WWII to get the USA out of the first Great Depression. Also, all nations use fiat currency-and when the world currency goes down-i.e. the dollar, all others will get burned too. When the United States fails, I think an obvious conclusion will be a world wide nuclear war. Note past histories. It took WWII to get the USA out of the first Great Depression. Also, all nations use fiat currency-and when the world currency goes down-i.e. the dollar, all others will get burned too.

]]> By: phelps who cant swim http://dailyreckoning.com/a-deflation-story/#comment-31421 phelps who cant swim Mon, 12 Oct 2009 16:32:59 +0000 http://dailyreckoning.com/?p=18991#comment-31421 America may not end, just the empire. It is in its final stages at present. The international obligations our politicians have placed upon us cannot be sustained. We just don't have the money to defend against phantom threats and meet all our domestic obligations. I'm not at all convinced that the country won't break-up and divide into new countries along cultural lines. Time will tell. Some may think America "too big to fail". Many thought the same about Goliath. America may not end, just the empire. It is in its final stages at present. The international obligations our politicians have placed upon us cannot be sustained. We just don’t have the money to defend against phantom threats and meet all our domestic obligations. I’m not at all convinced that the country won’t break-up and divide into new countries along cultural lines. Time will tell. Some may think America “too big to fail”. Many thought the same about Goliath.

]]> By: European http://dailyreckoning.com/a-deflation-story/#comment-31412 European Mon, 12 Oct 2009 15:37:11 +0000 http://dailyreckoning.com/?p=18991#comment-31412 I have nothing against America, much less against it's people but...times move much faster now than 20 centuries ago... The mighty soviet bloc crumbled (from within) in 4 years. The U.S is currently in it's 2nd year of fall... Wake me up in 2011/2012. I have nothing against America, much less against it’s people but…times move much faster now than 20 centuries ago… The mighty soviet bloc crumbled (from within) in 4 years. The U.S is currently in it’s 2nd year of fall… Wake me up in 2011/2012.

]]> By: It's still a Replublic http://dailyreckoning.com/a-deflation-story/#comment-31312 It's still a Replublic Mon, 12 Oct 2009 02:26:11 +0000 http://dailyreckoning.com/?p=18991#comment-31312 This talk of an American empire ending is a bit over-the-top isn't it? The Pacific and Atlantic oceans are essentially "American Lakes" with the American Republic at the epicenter...we can't help but flourish, granted this Depression-lite has to be worked out of the system first. When it is worked out those of us reading this now 11 years hence shall look at this current period as unpleasant but a speed bump on the continued rise of American hegemony. Rome had a few centuries to dictate policy with her Mediterrean "lake". American has had, what...60+ years. We are still in the 2nd inning of a 9 inning game here. This talk of an American empire ending is a bit over-the-top isn’t it? The Pacific and Atlantic oceans are essentially “American Lakes” with the American Republic at the epicenter…we can’t help but flourish, granted this Depression-lite has to be worked out of the system first. When it is worked out those of us reading this now 11 years hence shall look at this current period as unpleasant but a speed bump on the continued rise of American hegemony. Rome had a few centuries to dictate policy with her Mediterrean “lake”. American has had, what…60+ years. We are still in the 2nd inning of a 9 inning game here.

]]> By: Tim http://dailyreckoning.com/a-deflation-story/#comment-31304 Tim Mon, 12 Oct 2009 01:18:39 +0000 http://dailyreckoning.com/?p=18991#comment-31304 the roman empire was divided into a western empire and an eastern empire.The western roman empire ended C:500. The eastern roman empire (centered in Byzantium) continued until its destruction in the eleventh century by the crusaders. The eastern roman empire had successfully maintained a hard currency regeme, i.e. gold. the roman empire was divided into a western empire and an eastern empire.The western roman empire ended C:500. The eastern roman empire (centered in Byzantium) continued until its destruction in the eleventh century by the crusaders. The eastern roman empire had successfully maintained a hard currency regeme, i.e. gold.

]]> By: Marcus http://dailyreckoning.com/a-deflation-story/#comment-31269 Marcus Sun, 11 Oct 2009 21:41:00 +0000 http://dailyreckoning.com/?p=18991#comment-31269 Bingo LAGirl. Wall Street current model of greed that brought us to this mess can and should be substituted, but life in the States (and abroad) will only get better if a new, fairer and sainer model is implemented. We currently are not on that track Bingo LAGirl.
Wall Street current model of greed that brought us to this mess can and should be substituted, but life in the States (and abroad) will only get better if a new, fairer and sainer model is implemented. We currently are not on that track

]]> By: LAGirl http://dailyreckoning.com/a-deflation-story/#comment-31227 LAGirl Sun, 11 Oct 2009 19:25:54 +0000 http://dailyreckoning.com/?p=18991#comment-31227 Personally, I'm more concerned with loss of liberties and proliferation of the prison-industrial complex than I am with the failure of Wall Street. Personally, I’m more concerned with loss of liberties and proliferation of the prison-industrial complex than I am with the failure of Wall Street.

]]> By: Zapzappa http://dailyreckoning.com/a-deflation-story/#comment-31207 Zapzappa Sun, 11 Oct 2009 17:17:42 +0000 http://dailyreckoning.com/?p=18991#comment-31207 "apparently unaware that the total unfunded debts and obligations of the federal government have soared to nearly $120 trillion – is considering new ways to get rid of cash." Bill Good column....where do you get the 120 trillion figure? You see so many variants of this number and the general consensus figure is usually in the 50t area so I'd like to look into the 120t number which I have seen elsewhere al well. Thanks Zap “apparently unaware that the total unfunded debts and obligations of the federal government have soared to nearly $120 trillion – is considering new ways to get rid of cash.”

Bill
Good column….where do you get the 120 trillion figure?

You see so many variants of this number and the general consensus figure is usually in the 50t area so I’d like to look into the 120t number which I have seen elsewhere al well.

Thanks

Zap

]]> By: Christine Block http://dailyreckoning.com/a-deflation-story/#comment-31187 Christine Block Sun, 11 Oct 2009 14:21:27 +0000 http://dailyreckoning.com/?p=18991#comment-31187 America is doomed? In its death throes? Its a big country with plenty of natural resources. Wall Street is doomed and in its death throes. America has the opportunity to build a new economy, it does not require the banking system to survive. New economies rise from the ashes of old ones. Gold is a place to start, but it is not the whole ball of wax. It is a standard for valuation of goods and services. Although olive oil was probably a good investment in the waning days of the Roman Empire. Incense for rituals became precious. America is doomed? In its death throes? Its a big country with plenty of natural resources. Wall Street is doomed and in its death throes. America has the opportunity to build a new economy, it does not require the banking system to survive. New economies rise from the ashes of old ones. Gold is a place to start, but it is not the whole ball of wax. It is a standard for valuation of goods and services. Although olive oil was probably a good investment in the waning days of the Roman Empire. Incense for rituals became precious.

]]> By: Wilson http://dailyreckoning.com/a-deflation-story/#comment-31141 Wilson Sun, 11 Oct 2009 09:15:21 +0000 http://dailyreckoning.com/?p=18991#comment-31141 I cannot post a comment pertaining the inexistence of such a thing as a "liberal marxist". Go figure. America is really doomed! I cannot post a comment pertaining the inexistence of such a thing as a “liberal marxist”. Go figure.
America is really doomed!

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