Comments on: Towers of Money, Towers of Debt

By: It’s late in the game « EsForex | Mercado de Divisas | Mercado Forex

Wed, 04 Mar 2009 09:16:57 +0000

[...] dramatically, Bill Bonner at The Daily Reckoning issues a crash alert. Everywhere we go…everywhere we look…we see towers of money, property, [...]

By: bopp

bopp — Mon, 04 Jun 2007 07:55:56 +0000

I liked the artical. This correction will be a Doozy! I disagree with your critasizm of BlackRock Inc. If you follow the money there you will find that they represent a conglomerate of people each with hundreds of millions that they are looking to "shelter" from the coming storm. The BR purchase model is infallible in this case. The real question is why did they get it for 1/2 price!?

Everyone is going to lose in the upcoming correction...the question becomes, How Much? You may lose on your home investment...but at least you can live there. The same mindset applies to BR.

By: TECHY2468

TECHY2468 — Thu, 31 May 2007 15:59:07 +0000

waiting, watching and learning - well said..

savers are the ones who will be paying/are paying for all this irrational growth (time of plenty).

the 50 grand i had saved five years back is worth 20% of its value in india right now. I wish i had invested in real estate/stock market.

and i think china may not be better off by their huge savings just as usa is not better off by their huge debt. we are lacking balance. which will lead to both parties losing.

i wonder if deflation will ever correct this irrational growth.....because everytime things go south....FED lowers interest rate and assets go higher again....i wonder if this cycle can continue forever.........or will get corrected one day by a huge economic armageddon...

By: marco

marco — Wed, 02 May 2007 11:38:12 +0000

too many people want but not enough people have got.. doom and gloom.

By: Daniel

Daniel — Tue, 06 Mar 2007 14:50:19 +0000

Fear is a weapon of mass destruction.

By: waiting, watching and learning

waiting, watching and learning — Wed, 03 Jan 2007 08:34:19 +0000

I appreciate the DR's efforts to educate the masses as to what is transpiring, but what are their options really? To have bet against these trends would have cleaned out the average investor by now. (The market can stay 'wrong' longer than most can stay solvent.) Yet, to sit on the sidelines and protect one's savings is to watch them evaporate under the scortching heat of CB inflation. Just as a broken clock is right twice a day, so too are perpetual optimists and pesimists: eventually they are right. But that isn't a sound basis for an investing strategy. One needs timing as well. So, although we know what's coming, how to serious prepare for it?

By: eman

eman — Wed, 03 Jan 2007 07:10:52 +0000

Well said...

5% of 5.4 billion is 270,000,000; some zeros were left out.

Thanks.

By: Charles Moorehead

Charles Moorehead — Tue, 02 Jan 2007 10:58:14 +0000

There's a third way to get rich. Steal it! This way is especially applicable to those who are willing to bribe politicians.