Comments on: A New Model for the World Economy http://dailyreckoning.com/a-new-model-for-the-world-economy/ Entertaining Ideas on the Economy, Markets, Gold, Oil and Investing Strategies. Sat, 11 Feb 2012 01:59:47 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Lost & Found http://dailyreckoning.com/a-new-model-for-the-world-economy/#comment-21667 Lost & Found Tue, 01 Sep 2009 19:56:29 +0000 http://dailyreckoning.com/?p=18100#comment-21667 Well, he basically took his wealth from the poor suckers and the lunatic fringe, fascist morons and so forth. Of course, he made one or two of them rich, too. But there is lots of hate mongering going on in the DR publications which I personally dislike. I would say he maybe is a contrarian but he is at the same time very, very much part of the establishment. It was just the price of him getting rich the way he did that no one can "officially" acknowledge him. As I said, hate mongering and on the purses of the poor and lunatic. Well, he basically took his wealth from the poor suckers and the lunatic fringe, fascist morons and so forth. Of course, he made one or two of them rich, too. But there is lots of hate mongering going on in the DR publications which I personally dislike. I would say he maybe is a contrarian but he is at the same time very, very much part of the establishment. It was just the price of him getting rich the way he did that no one can “officially” acknowledge him. As I said, hate mongering and on the purses of the poor and lunatic.

]]> By: JMR Alan Greenspan http://dailyreckoning.com/a-new-model-for-the-world-economy/#comment-21636 JMR Alan Greenspan Tue, 01 Sep 2009 15:29:20 +0000 http://dailyreckoning.com/?p=18100#comment-21636 LaGirl, Bill IS an important and famous economist, such as many austrian followers. Ha authored a amazon and NYT best seller, he made milions (some say billions) by being the front man in internet based financial publishing, back qhen Inet was a question mark. The thing is he is a contrarian, and contrarian usually piss off the stablishment, thus his lack of "mainstrean media" credit. But do not fool yourselves: he`s filthy (sory bill) rich an famous in various circles that really matter. LaGirl,
Bill IS an important and famous economist, such as many austrian followers. Ha authored a amazon and NYT best seller, he made milions (some say billions) by being the front man in internet based financial publishing, back qhen Inet was a question mark. The thing is he is a contrarian, and contrarian usually piss off the stablishment, thus his lack of “mainstrean media” credit. But do not fool yourselves: he`s filthy (sory bill) rich an famous in various circles that really matter.

]]> By: sierra http://dailyreckoning.com/a-new-model-for-the-world-economy/#comment-21632 sierra Tue, 01 Sep 2009 15:01:44 +0000 http://dailyreckoning.com/?p=18100#comment-21632 Overindulgence in our economy for endless debt/repayment/bubble/crash is like being an alcoholic.....the patient (American public) must "hit bottom" before restitution. Have we hit bottom? "Only the Shadow knows!" But, our system is terribly dysfunctional. With the government contributing to an estimated 1%+ to the economy, how in the world do "economists" think we can climb our of this hole...somewhere we will "....have to run out of supporting funds." BB is not in the realm of the "important economic advisors" because most Americans are in an "alcoholic binge" and are experiencing a terrible hangover.... Now comes the "cure" which will not be neat and pretty. Keep writing, Bill B Overindulgence in our economy for endless debt/repayment/bubble/crash is like being an alcoholic…..the patient (American public) must “hit bottom” before restitution.
Have we hit bottom? “Only the Shadow knows!”
But, our system is terribly dysfunctional.
With the government contributing to an estimated 1%+ to the economy, how in the world do “economists” think we can climb our of this hole…somewhere we will “….have to run out of supporting funds.”

BB is not in the realm of the “important economic advisors” because most Americans are in an “alcoholic binge” and are experiencing a terrible hangover….

Now comes the “cure” which will not be neat and pretty.

Keep writing, Bill B

]]> By: Roy Babbins http://dailyreckoning.com/a-new-model-for-the-world-economy/#comment-21616 Roy Babbins Tue, 01 Sep 2009 11:24:18 +0000 http://dailyreckoning.com/?p=18100#comment-21616 Humility is the key. There IS a correction afoot. BUT...the correction is not monochromatic, one size fits all. In some sectors there is a real recovery. In others a depression. Same with regions, national and international. In addition there can never be a correction for human nature, animal spirits. There are so many yet to taste from the trough of excess. They will do it too! See it really, generally evident as soon as 2012 or 2013. Humility is the key. There IS a correction afoot. BUT…the correction is not monochromatic, one size fits all. In some sectors there is a real recovery. In others a depression. Same with regions, national and international.
In addition there can never be a correction for human nature, animal spirits. There are so many yet to taste from the trough of excess. They will do it too! See it really, generally evident as soon as 2012 or 2013.

]]> By: Dennis (EU) http://dailyreckoning.com/a-new-model-for-the-world-economy/#comment-21581 Dennis (EU) Tue, 01 Sep 2009 04:36:15 +0000 http://dailyreckoning.com/?p=18100#comment-21581 In the new economy that's ahead, money will become far less important. People who can, will grow their own food, and in the beginning of the new era, life will be like a jungle...so take measures to be safe...back to the tribes haha!! In the new economy that’s ahead, money will become far less important. People who can, will grow their own food, and in the beginning of the new era, life will be like a jungle…so take measures to be safe…back to the tribes haha!!

]]> By: LAGirl http://dailyreckoning.com/a-new-model-for-the-world-economy/#comment-21576 LAGirl Tue, 01 Sep 2009 03:00:21 +0000 http://dailyreckoning.com/?p=18100#comment-21576 Yeah, isn't it weird that Bonner isn't like a famous economist or something? Yeah, isn’t it weird that Bonner isn’t like a famous economist or something?

]]> By: Scott http://dailyreckoning.com/a-new-model-for-the-world-economy/#comment-21568 Scott Tue, 01 Sep 2009 01:32:57 +0000 http://dailyreckoning.com/?p=18100#comment-21568 Bill, you make economics absolutely thrilling to follow. Such drama unfolding before our eyes! I'm now reading your archives and am up to Feb 2000. So fascinating to see your predictions of the tech bubble to burst, and how gov't/investors doing then what they are doing now - simply overlooking the big picture and basic economic fundamentals. Thanks for you columns. Bill, you make economics absolutely thrilling to follow. Such drama unfolding before our eyes! I’m now reading your archives and am up to Feb 2000. So fascinating to see your predictions of the tech bubble to burst, and how gov’t/investors doing then what they are doing now – simply overlooking the big picture and basic economic fundamentals. Thanks for you columns.

]]>