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It's going to hurt more than anybody thinks it ever could': Dire economic prediction issued
DerekJohnson
Administrator, Swaye's Wigwam Posts: 69,897 
https://www.youtube.com/watch?v=5eejvZx8HRYComments
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Liquidity is something Nobody thinks about until there is none.
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Closely related to the notion that whether you were saving too much cash is a function of what actually happens IRL. If the shit hits the fan, you won't feel too bad about having sat on a pile of cashish.doogie said:Liquidity is something Nobody thinks about until there is none.
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Harry Dent's premise that demographics matter is undoubtedly correct. Whether he is correct about what follows from the demographics is another matter.
He's been great at predicting the future, except when he's been terrible at it. -
As long as you are debt free outside of your mortgage, you probably don't have much to worry about.
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I think dent keeps a bottle in the drawer.
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Dude is a fear mongering piece of shit. Fed has stepped in big time and will step in again. Take it to the fucking bank
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FUUUUUUUUUUUUUCK!!!!greenblood said:As long as you are debt free outside of your mortgage, you probably don't have much to worry about.
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Really true... and yet he is absolutely right about levels of over valuation. And you are right as well, the FED has stepped in time and again and defeated the opposition to the point of becoming a False God.FireCohen said:Dude is a fear mongering piece of shit. Fed has stepped in big time and will step in again. Take it to the fucking bank
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It's going to hurt more than anybody thinks it ever could':
I thought this was going to be about hiring Jimmy Lake -
ThisDawgsCanDance said:
Really true... and yet he is absolutely right about levels of over valuation. And you are right as well, the FED has stepped in time and again and defeated the opposition to the point of becoming a False God.FireCohen said:Dude is a fear mongering piece of shit. Fed has stepped in big time and will step in again. Take it to the fucking bank
