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Author Topic: Former Hedge Fund Manager Predicts ecomonic collapse of the west.  (Read 7240 times)

Scout26

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Former Hedge Fund Manager Predicts ecomonic collapse of the west.
« on: June 06, 2012, 11:54:56 AM »
For lack of a better place to put this, I choose politics, since it touches on that:

http://www.businessinsider.com/raoul-pal-the-end-game-2012-6?op=1

Unsustainable debt, nations that are trying to kick the can down the road.  Well, at some point you run out of road.  And with money flying out of France, the french bankers are all making "Not me" faces, and looking to stiff the Germans when the EU zone collapses.    Maybe the Mayans are going to be right after all.
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longeyes

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Re: Former Hedge Fund Manager Predicts ecomonic collapse of the west.
« Reply #1 on: June 06, 2012, 01:01:26 PM »
Well, let's ask them, I think there are some Mayans outside doing some landscaping...
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Re: Former Hedge Fund Manager Predicts ecomonic collapse of the west.
« Reply #2 on: June 06, 2012, 07:02:42 PM »
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Tallpine

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Re: Former Hedge Fund Manager Predicts ecomonic collapse of the west.
« Reply #3 on: June 06, 2012, 07:28:36 PM »
And this is a surprise to anyone  ???

 ;/
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TommyGunn

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Re: Former Hedge Fund Manager Predicts ecomonic collapse of the west.
« Reply #4 on: June 06, 2012, 07:47:56 PM »
Somewhere else I heard we have 2 ~~ 5 years before the shabang comes down around us -- I mean everything, not just the U.S. [popcorn]
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seeker_two

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Re: Former Hedge Fund Manager Predicts ecomonic collapse of the west.
« Reply #5 on: June 06, 2012, 09:43:52 PM »
Quote from: TommyGunn on June 06, 2012, 07:47:56 PM
Somewhere else I heard we have 2 ~~ 5 years before the shabang comes down around us -- I mean everything, not just the U.S. [popcorn]

Then what?....
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dogmush

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Re: Former Hedge Fund Manager Predicts ecomonic collapse of the west.
« Reply #6 on: June 06, 2012, 10:23:45 PM »
Neo reboots the Matrix and we start over?
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Re: Former Hedge Fund Manager Predicts ecomonic collapse of the west.
« Reply #7 on: June 06, 2012, 10:39:42 PM »
The guy doesn't have much of a track record for accurate predictions.  But this time he may just be right about the outcome.  Don't know about the timeline, though.  We might go a little longer before the final crash and burn.
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Re: Former Hedge Fund Manager Predicts ecomonic collapse of the west.
« Reply #8 on: June 06, 2012, 11:38:05 PM »
Quote from: seeker_two on June 06, 2012, 09:43:52 PM
Then what?....

:facepalm:  Then God presses the reset button.
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Tallpine

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Re: Former Hedge Fund Manager Predicts ecomonic collapse of the west.
« Reply #9 on: June 06, 2012, 11:58:03 PM »
Quote from: seeker_two on June 06, 2012, 09:43:52 PM
Then what?....


Ever heard of the "Dark Ages"  ???
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Re: Former Hedge Fund Manager Predicts ecomonic collapse of the west.
« Reply #10 on: June 07, 2012, 08:23:33 AM »
Quote from: Tallpine on June 06, 2012, 11:58:03 PM
Ever heard of the "Dark Ages"  ???

Even the Dark Ages weren't so dark....

 http://youtube.com/watch?v=C8XVWNygDVk
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MechAg94

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Re: Former Hedge Fund Manager Predicts ecomonic collapse of the west.
« Reply #11 on: June 07, 2012, 10:16:49 AM »
I can easily see the EU and the Euro collapsing, but I don't know about seeing that cascade into world collapse. 
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longeyes

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Re: Former Hedge Fund Manager Predicts ecomonic collapse of the west.
« Reply #12 on: June 07, 2012, 10:43:22 AM »
The Dim but Fair...Ages...?

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Re: Former Hedge Fund Manager Predicts ecomonic collapse of the west.
« Reply #13 on: June 07, 2012, 11:26:28 AM »
Quote from: MechAg94 on June 07, 2012, 10:16:49 AM
I can easily see the EU and the Euro collapsing, but I don't know about seeing that cascade into world collapse. 

Depends on what you mean by collapse, doesn't it? I can see global Great Depression. I have trouble seeing Mad Max.
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Hutch

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Re: Former Hedge Fund Manager Predicts ecomonic collapse of the west.
« Reply #14 on: June 07, 2012, 11:40:30 AM »
If financial markets seize up completely for a bit, then things get real "interesting", in the Chinese-curse sort of way.  Most agri-business runs on credit.  Food availability, and consequently pricing, could take an excursion.  Just sayin'.
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Re: Former Hedge Fund Manager Predicts ecomonic collapse of the west.
« Reply #15 on: June 07, 2012, 11:49:24 AM »
Quote from: Balog on June 07, 2012, 11:26:28 AM
Depends on what you mean by collapse, doesn't it? I can see global Great Depression. I have trouble seeing Mad Max.
Global depression-------that's pretty much what I was thinking.  "Mad Max" would require a war, I would think.  A BIG one.
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brimic

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Re: Former Hedge Fund Manager Predicts ecomonic collapse of the west.
« Reply #16 on: June 07, 2012, 01:39:21 PM »
Quote
If financial markets seize up completely for a bit, then things get real "interesting", in the Chinese-curse sort of way.  Most agri-business runs on credit.  Food availability, and consequently pricing, could take an excursion.

The same could be said for the energy component of the economy- how do we get fuel to power plants, trains, trucks, ships without a stabile medium of exchange?
We would have all of the infrastructure for agriculture and industry, but wouldn't have a way to keep it working. It become a chicken or egg problem with financing everything and getting it up and running and having the commerce to back a fiat currency to make it all run.
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Re: Former Hedge Fund Manager Predicts ecomonic collapse of the west.
« Reply #17 on: June 07, 2012, 03:06:25 PM »
Well, the President could order the Army into the streets, I suppose, but I don't know if we can make Monsanto deliver seeds or Shell deliver tractor fuel at bayonet-point. 
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Re: Former Hedge Fund Manager Predicts ecomonic collapse of the west.
« Reply #18 on: June 07, 2012, 04:55:08 PM »
Quote from: Balog on June 07, 2012, 11:26:28 AM
Depends on what you mean by collapse, doesn't it? I can see global Great Depression. I have trouble seeing Mad Max.

It'll be less Mad Max and more Max Headroom.....
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Re: Former Hedge Fund Manager Predicts ecomonic collapse of the west.
« Reply #19 on: June 07, 2012, 07:32:30 PM »
Quote from: seeker_two on June 07, 2012, 04:55:08 PM
It'll be less Mad Max and more Max Headroom.....

Wholly agreed, except some areas would get pretty bad.
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Re: Former Hedge Fund Manager Predicts ecomonic collapse of the west.
« Reply #20 on: June 11, 2012, 04:47:13 PM »
Quote from: Jamisjockey on June 07, 2012, 07:32:30 PM
Wholly agreed, except some areas would get pretty bad.

Australians roaming the earth isnt bad enough? 
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Re: Former Hedge Fund Manager Predicts ecomonic collapse of the west.
« Reply #21 on: June 11, 2012, 05:15:51 PM »
Quote from: Tallpine on June 06, 2012, 11:58:03 PM
Ever heard of the "Dark Ages"  ???

I believe those Dark Ages were climate related.
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Re: Former Hedge Fund Manager Predicts ecomonic collapse of the west.
« Reply #22 on: June 11, 2012, 07:31:00 PM »
And in other news, Europe kicks the can just a little farther down the road....   $125 BILLION bailout for....  which bank of the week is it??  Spain this time, I think?
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Re: Former Hedge Fund Manager Predicts ecomonic collapse of the west.
« Reply #23 on: June 11, 2012, 08:21:15 PM »
Rick Dees summed it up when he said, "Ooooo baby you make me write bad checks."
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Re: Former Hedge Fund Manager Predicts ecomonic collapse of the west.
« Reply #24 on: June 11, 2012, 08:43:40 PM »
Nothing to see here.  Move along.

we're so screwed...
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