Friday, August 17, 2007
This man just went on CNBC and declared “The Great Depression, part 2” is coming to America, with all its lovely trimmings, such as high unemployment, collapse of the U.S. dollar, banks going out of business and interest rates to 20%.
To make matters worse, he believes, despite the world’s largest market going offline and its people becoming “poor,” the rest of the world will get “rich.” Hence, he is buying foreign stocks.
Har, har, har. Robster too expensive.If you enjoy the content at iBankCoin, please follow us on Twitter