US Economy Facing Death by a Thousand Cuts Roubini
Posted By: admin | 2009.11.19
For more ; nourielroubini.blogspot.com http … Peter Schiff Nouriel roubini Ron Paul glenn beck obama CNN FOX CNBC Bloomberg aljazeera gerald celente warren buffett marc faber jim rogers gold silver money dollar max keiser lou dobbs bob chapman alex jones david icke economy collapse downturn fall stock marcket wall street trader Madoff Schould be Secretary of The Treasury in this Ponzi Scheme Economy
25 Comments:
GSDebunked / September 23, 2009 1:32 pm
haha yeah, i was thinking hmm is this guy dancing around the truth?
Then he said that bernanke has avoided a great depression and supports his reappointment… LOL whoa no wait a minute
AtheistThatsATheist / September 23, 2009 1:46 pm
Yeah and were in the calm before the storm. Suppose i cant blame it on bernanke. After all we now have Mr “just call me FDR” Obama in charge. Him and his new ‘New Deal’ and massive expanstion of government is making things worst.
Also interestingly FDR ordered farmers to burn crops and slaughter animals in order to raise their prices. Obama not only destroyed cars, but taxed Americans to do it, then offered some of that tax as an incentive.
Its like theyre destroying wealth in purpose.
tooltalk / September 23, 2009 4:07 pm
um.. I don’t think it matters what YOU think – the dollar index is 76 and trending downward. With Obama’s fiscal and monetary policy, there is no way to unwind it in graceful manner – much less time it. The timing issue is so much difficult for folks like Bernanke who already lost so much credibility when he missed all the early warning signs of the crisis years ago. As Anna Schwartzs pointed out correctly, his ad-hoc short-term fixes will have dire consequences in the long-run.
Zeldovich / September 23, 2009 4:22 pm
Policy makers have to lie about the threat of a recession, so as not to lead to self-fulfilling prophecy.
Zeldovich / September 23, 2009 4:31 pm
“So who about now?”
Can I get an interpreter? Preferably one who’s schizophrenic.
dsglop / September 23, 2009 4:39 pm
So you avoid commenting on my points- which, judging by the comments, people agree with- and talk about the fact that you can’t neg rate my vids. Ya know why you can’t neg rate my vids? Because I knew you people would discredit yourselves by avoiding facts and whining about not being able to neg rate me.
putittogether / September 23, 2009 9:19 pm
He is a FOOL. At 6:15 he agrees when the Feds actions and the bail outs. Fool.
sugarpuddin88 / September 23, 2009 9:35 pm
Currently, the world is forming ad-hoc currency baskets for trade in order to get away from the contamination, which is the US dollar, (google: Shanghai Organizational Coop); & setting up for a new World Order Currency
Meanwhile, the USA has Stockholm Syndrome, where the terrorized population through Obama actually supports their terrorist: Last week Obama is actually giving more power to their captors, the Federal Reserve Bank, rather than prosecuting them
sugarpuddin88 / September 23, 2009 9:37 pm
Last week: America’s 6th largest bank, Colonial Bank, just went belly-up!
1.5 quadrillion in bad derivatives; & who knows how much in the ponzi scheme known as CDS
Right now Citigroup is buying its own debt, and booking it as a profit, (just like the Federal Reserve Bank & US Treasury department selling debt to each other). The bank bailouts are like an arsonist getting bailed out with charcoal & lighter fluid! Expect deluded bible-thumping idiots to continue buying their stock.
sugarpuddin88 / September 23, 2009 9:43 pm
Bernanke, Geithner, Rubens, Summers, Goldman Sachs, JP Morgan & the Federal Reserve Bank know exactly what they are doing by collapsing the US Dollar:
The purpose of this financial crisis is to take down the U.S. dollar as the stable datum of planetary finance and, in the midst of the resulting confusion, put in its place a Global Monetary Authority [GMA - run directly by international bankers freed of any government control] -a planetary financial control organization” – Bruce Wiseman
AtheistThatsATheist / September 23, 2009 10:05 pm
I heard Jim Rogers and someone else come up with a brilliant plan.
And we need to get this plan heard by the people and in media somewhere.
And of course government needs to be talking about it.
Simple plan is to force the banksters to take CDFs as bonuses. Let them have the ‘toxic assets’!
Mark to market wont even get a look in, theyll be undervalued rather than over valued! But at least then theyll be closer to the true, honest value!
AtheistThatsATheist / September 23, 2009 10:05 pm
I heard Jim Rogers and someone else come up with a brilliant plan.
And we need to get this plan heard by the people and in media somewhere.
And of course government needs to be talking about it.
Simple plan is to force the banksters to take CDFs as bonuses. Let them have the ‘toxic assets’!
Mark to market wont even get a look in, theyll be undervalued rather than over valued! But at least then theyll be closer to the true, honest value!
tooltalk / September 24, 2009 12:37 am
sound like a true liberal – blind faith in infinitely wise gov’t. After all, Bernanke’s PhD from MIT must mean something, right? (as Rowstow’s was at one point).
One of Milton Friedman’s grief with the Fed was that the Fed had so many economists (not to mention their PR machine and the left-leaning Keynesians)on its payroll who often mischaracterize or hide their ineptitude and fckup’s. It took nearly 60 years for the Fed to come out and apologize for their mistakes (Bernanke in 2002).
prepare2008 / September 24, 2009 12:50 am
wow Roubinis getting really agressive! this crises is even getting to him now! ive never seen him like this lol. cant wait to see these guys when the dollar finaly goes!
Zeldovich / September 24, 2009 1:06 am
It’s basic economics. If you depend on the government for economic forecasts, you’re a fool.
Dandaniels1978 / September 24, 2009 11:08 am
LOL @ 6.26 listen to the response of the interviewer. Err Hmmm!
Totally fucking flawed by Roubini lol
Dandaniels1978 / September 24, 2009 11:45 am
My friend, it is that type of optimism and arrogance that I do admire, although I would have to question your belief that Roubini provides “No insight or macro analysis”
When the Sterling collapsed as the reserve currency along with Great Britain, there was a famous speech circa 1914: A Great Power Turns to a “Brave Little Kingdom” I can assure you from 1914 onwards poverty in the UK gradually became unbearable. I asked my grandmother who is 90 and lived the experience.
vimzibaiegh / September 25, 2009 11:39 pm
The USA Govt, will not allow another “Lehman.” Overall- Good speaker and I appreciate the personality, but Mr Roubini is after all a protege of the NAR. I take some of this with a grain of salt.
Straightsix76 / October 1, 2009 2:07 pm
dont worry, the jobless recovery is here
psion128 / October 4, 2009 9:19 pm
This stuff is real. They really put a realist on here that isn’t pushing us to get in debt and make things worse. MSM finally did the right thing for once.
bnash2002 / October 10, 2009 4:03 pm
the hosts are arrogant liars
danben72 / October 26, 2009 12:38 pm
Finally one sane person (NR) on the screen. People are real dreamers and considering Lehman as the cause of the crises just show how fucked up all those talking heads are disguised by the talking points of Helicopter Ben with his cronies Obama et all. America you are totally fucked!
junevi2000 / November 1, 2009 10:50 pm
You can sense his disappointment.
junevi2000 / November 1, 2009 10:55 pm
The US dollar is sure to collapse. The no. 1signal is zero interest rate. Super-inflation is a sure thing too, because the dollar value is going down compared to other currency and to commodity like gold. If there is deflation, dollar value should be up, but since it is going down what is happening is inflation.
andristic / November 5, 2009 7:14 pm
i don’t believe the USA will die. we’re just too important to the welfare of the planet, people *will* wake up, i think, before it is too late.