Comments on: Get Set for a 15-Year Depression http://dailyreckoning.com/get-set-for-a-15-year-depression/ Economic News, Markets Commentary, Gold, Oil and Investing Strategies. Sat, 26 May 2012 18:05:48 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Tristan Loughrey http://dailyreckoning.com/get-set-for-a-15-year-depression/#comment-3358 Tristan Loughrey Wed, 25 Mar 2009 19:21:26 +0000 http://dailyreckoning.com/?p=13480#comment-3358 As a loyal DR reader for 10 years and owner of Bill Bonners latest book: "Mobs Messiahs and Markets", I would have to agree with the general sentiment of gloom and doom , I also appreciate tha we have been warned of this depression for several years and even knew how we could have avoided it by not repeating the same cyclical boom bust mentalities of all previous Fed and Governmet administrations. What I am sying is - Am I the only one who believes the world has enough land, food and natural resources to cope with our population growth and the opportunities we have to be even more wealthy and happier than ever before - what with the breakthroughs and future opportunities in Medicine, Energy, Food, Water, Science and Finance to name a few. I know I'll be there cashing in - What about you? As a loyal DR reader for 10 years and owner of Bill Bonners latest book: “Mobs Messiahs and Markets”, I would have to agree with the general sentiment of gloom and doom , I also appreciate tha we have been warned of this depression for several years and even knew how we could have avoided it by not repeating the same cyclical boom bust mentalities of all previous Fed and Governmet administrations.
What I am sying is – Am I the only one who believes the world has enough land, food and natural resources to cope with our population growth and the opportunities we have to be even more wealthy and happier than ever before – what with the breakthroughs and future opportunities in Medicine, Energy, Food, Water, Science and Finance to name a few.
I know I’ll be there cashing in – What about you?

]]> By: Danny Phelps http://dailyreckoning.com/get-set-for-a-15-year-depression/#comment-3251 Danny Phelps Tue, 24 Mar 2009 16:58:14 +0000 http://dailyreckoning.com/?p=13480#comment-3251 I like the plumber story. Many are incompetent. I hired one who had no ladder and was lacking many of the tools to do the job and was requesting these items from me. I told him to leave and refused to pay the $50 fee just for showing up. Repaired the problem myself. It seems Goldman is always at the heart of Gov. bailouts. Just a coincidence I'm sure. I'm beginning to like the AIG/Goldman bailout since it is exposing the corruption. I like the plumber story. Many are incompetent. I hired one who had no ladder and was lacking many of the tools to do the job and was requesting these items from me. I told him to leave and refused to pay the $50 fee just for showing up. Repaired the problem myself.

It seems Goldman is always at the heart of Gov. bailouts. Just a coincidence I’m sure. I’m beginning to like the AIG/Goldman bailout since it is exposing the corruption.

]]> By: Dirk W. Sabin http://dailyreckoning.com/get-set-for-a-15-year-depression/#comment-3244 Dirk W. Sabin Tue, 24 Mar 2009 14:54:43 +0000 http://dailyreckoning.com/?p=13480#comment-3244 The ham-handed bait and switch over the AIG bonuses did a fine job of quelling any discussion of the $32 Billion lost without so much as a receipt down the rathole of Iraqi Baksheesh. Just today, the NY Times has a nice picture of a long line of Anbar Sunnis lining up for their "awakenings" payout. There is a lovely little irony to the $32 million in AIG "incentive" bonuses going to employees who already left and the $32 billion going to the "Who Wants To Be A Millionaire" payola train in Iraq. Guns, Girls and Grog would appear to be the only safe harbor on the horizon. The ham-handed bait and switch over the AIG bonuses did a fine job of quelling any discussion of the $32 Billion lost without so much as a receipt down the rathole of Iraqi Baksheesh. Just today, the NY Times has a nice picture of a long line of Anbar Sunnis lining up for their “awakenings” payout. There is a lovely little irony to the $32 million in AIG “incentive” bonuses going to employees who already left and the $32 billion going to the “Who Wants To Be A Millionaire” payola train in Iraq. Guns, Girls and Grog would appear to be the only safe harbor on the horizon.

]]> By: Dennis http://dailyreckoning.com/get-set-for-a-15-year-depression/#comment-3232 Dennis Tue, 24 Mar 2009 09:43:31 +0000 http://dailyreckoning.com/?p=13480#comment-3232 Can you please stop that silly "Anonymous"? - what a fool. Administrations worldwide will continue the bailouts, stimulus plans, loans etc. etc. while they know this is basically in sane and all shortterm policy, as if they don't, a worldwide crash will be imminent. Politicians simply prefer a long pain of e.g. 15 years, instead of a short armageddon with social chaos. At least for me reasons to understand why they are acting like they do - at first sight totally nuts, but after second thoughts quite understandable. Can you please stop that silly “Anonymous”? – what a fool.
Administrations worldwide will continue the bailouts, stimulus plans, loans etc. etc. while they know this is basically in sane and all shortterm policy, as if they don’t, a worldwide crash will be imminent. Politicians simply prefer a long pain of e.g. 15 years, instead of a short armageddon with social chaos.
At least for me reasons to understand why they are acting like they do – at first sight totally nuts, but after second thoughts quite understandable.

]]> By: Foo Lin Yu http://dailyreckoning.com/get-set-for-a-15-year-depression/#comment-3228 Foo Lin Yu Tue, 24 Mar 2009 07:19:02 +0000 http://dailyreckoning.com/?p=13480#comment-3228 For the love of god, bring back the 2cents forum. The comments section is no substitute. For the love of god, bring back the 2cents forum. The comments section is no substitute.

]]> By: gator http://dailyreckoning.com/get-set-for-a-15-year-depression/#comment-3205 gator Tue, 24 Mar 2009 02:49:12 +0000 http://dailyreckoning.com/?p=13480#comment-3205 I didn't realize GM manufactured pumps. I didn’t realize GM manufactured pumps.

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