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Bernanke being axed
06-19-2013, 11:54 AM
Anxiously awaiting GBFM's input.
Check out my occasionally updated travel thread -
The Wroclaw Gambit II: Dzięki Bogu - as I prepare to emigrate to Poland.
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Bernanke being axed
06-19-2013, 12:01 PM
Perfect time to sell bonds and raise rates.
The stock market loses 50% of its value and consumer spending plummets to near 0.
The super rich buy all the stocks and bonds out there at rock bottom prices as the small investor sells to pay rent and put food on the table.
As they're buying they're crying poor mouth and taking billions of fiat money bailout dollars they use to buy more assets.
The people beg their savior Obama to tax anyone with more than they have. The small business owner is wiped out.
Game over.
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Bernanke being axed
06-19-2013, 12:06 PM
We could be in for a lengthy period of people being given high office on the basis of not being white or male. Maybe it'll take a generation of that before people realise that it makes no difference. Just another distraction.
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Bernanke being axed
06-19-2013, 12:19 PM
Scary times, i'm going to spend the next year bank rolling my income into savings. I figure at least i have two years worth of job experience post college. Hopefully i'll get out alright.
I get the impression we're going to go through a sinkhole in the coming years. Extreme level of pessimism at the moment.
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Bernanke being axed
06-19-2013, 12:28 PM
Who knows how serious Obama is.
Contributor at Return of Kings. I got banned from twatter, which is run by little bitches and weaklings. You can
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Be sure to check out the easiest mining program around, FreedomXMR.
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Bernanke being axed
06-19-2013, 12:49 PM
He is not being axed. His second four-year term ends in 2014 and it's likely that Obama will nominate someone else. Yellen is the name most often raised.
CNBC is full of people who want to sell themselves as expert market-watchers. In truth, there really is no such thing.
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Bernanke being axed
06-19-2013, 02:23 PM
Wait, we like Helicopter Ben now?
WIA
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Bernanke being axed
06-19-2013, 06:36 PM
Meet the new boss, same as the old boss proles.
"I have refused to wear a condom all of my life, for a simple reason – if I’m going to masturbate into a balloon why would I need a woman?"
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Bernanke being axed
06-20-2013, 05:18 AM
Good for USA, bad for AUS, our dollar has fallen to a new 33 month low v the Greenback, your economy is on the i mprove, our turn to be screwed, thanks JuLIAR....
"Lifes about, shooting your load"