Thread: Stocks
View Single Post
  #3  
Old 11-04-2010, 10:21 AM
clyde's Avatar
clyde clyde is offline
Saratoga
 
Join Date: Sep 2009
Location: Welsh Pride!
Posts: 13,837
Default

Quote:
Originally Posted by gales0678 View Post
in the long term were all dead doreen , but, we simply cannot continue on this pace of just printing money and selling bonds to china

at some point it will come to an end , and the end won't be pretty

the wealthy in this country have already moved a lot of their assets out of this country

social security and medicare are trillions of dollars in the hole , these future obligatons will never be met on our current directon

the middle class will be left holding the bag

pensions will get paid , but , the weekly or monthly check that the pensioner gets will buy a quart of milk and maybe a loaf of bread , the dollar will be worthless

it's not going to be pretty , but , all these band aid treatments that the fed is dong now cannot save us in the long run

go out and enjoy yourself and your family now , trust in me and randall it's not going to be pretty in a few years

^^^^ Huge Beelzebub fan.
Reply With Quote