Comments on: Gloom and Doom is Back in Fashion http://www.dailyreckoning.com.au/gloom-and-doom-is-back-in-fashion/2008/12/09/ An independent perspective on the Australian and global investment markets Sat, 21 Nov 2009 17:27:32 -0600 http://wordpress.org/?v=2.8 hourly 1 By: Anthony Teamson http://www.dailyreckoning.com.au/gloom-and-doom-is-back-in-fashion/2008/12/09/comment-page-1/#comment-56379 Anthony Teamson Tue, 09 Dec 2008 22:29:04 +0000 http://www.dailyreckoning.com.au/?p=4586#comment-56379 One thing I do not ever read being mentioned is all the carrier fleets, ICBMs, and spaced based weapons at the US' disposal. I am sure a global shakedown is not out of the realm of possibilities. That may explain the continued funding of its bankrupt government. The Saudi families have a lot of money and are only in power because of US military support, so I bet they are good for a few billion. Gold really does look good. One thing I do not ever read being mentioned is all the carrier fleets, ICBMs, and spaced based weapons at the US' disposal. I am sure a global shakedown is not out of the realm of possibilities. That may explain the continued funding of its bankrupt government. The Saudi families have a lot of money and are only in power because of US military support, so I bet they are good for a few billion. Gold really does look good.

]]> By: Mireille http://www.dailyreckoning.com.au/gloom-and-doom-is-back-in-fashion/2008/12/09/comment-page-1/#comment-56373 Mireille Tue, 09 Dec 2008 20:21:08 +0000 http://www.dailyreckoning.com.au/?p=4586#comment-56373 The world is global. Corporations are multinational. It's not the US alone all by itself. Those who laugh please understand, the malaise will sweep over you too. The world is global. Corporations are multinational. It's not the US alone all by itself. Those who laugh please understand, the malaise will sweep over you too.

]]> By: ralph hill http://www.dailyreckoning.com.au/gloom-and-doom-is-back-in-fashion/2008/12/09/comment-page-1/#comment-56348 ralph hill Tue, 09 Dec 2008 14:32:15 +0000 http://www.dailyreckoning.com.au/?p=4586#comment-56348 Hah! America started the 21st century with the top tier 10% owning 80%. Well, now it's just a pile of dog poop. And the stench is just going to get worse: bailouts, interventions, fixes... $10 Trillion to prop up the stock market 1,000 points ! What happens next year when they need $50 Trillion ? Hah! America started the 21st century with the top tier 10% owning 80%. Well, now it's just a pile of dog poop.

And the stench is just going to get worse: bailouts, interventions, fixes...

$10 Trillion to prop up the stock market 1,000 points ! What happens next year when they need $50 Trillion ?

]]> By: RevolutionRadio.org » Blog Archive » Gloom and Doom is Back in Fashion http://www.dailyreckoning.com.au/gloom-and-doom-is-back-in-fashion/2008/12/09/comment-page-1/#comment-56343 RevolutionRadio.org » Blog Archive » Gloom and Doom is Back in Fashion Tue, 09 Dec 2008 13:47:48 +0000 http://www.dailyreckoning.com.au/?p=4586#comment-56343 [...] Bill Bonner The Daily Reckoning Australia [...] [...] Bill Bonner The Daily Reckoning Australia [...]

]]> By: Greg Atkinson http://www.dailyreckoning.com.au/gloom-and-doom-is-back-in-fashion/2008/12/09/comment-page-1/#comment-56242 Greg Atkinson Tue, 09 Dec 2008 03:32:53 +0000 http://www.dailyreckoning.com.au/?p=4586#comment-56242 I think part of the problem is everyone tends to overstate how robust the U.S economy is or was. Let's be honest, the U.S was basically the only major economic power left standing after WW2 so I do not think it was any major achievement to get the gold medal for economic growth in the 20th century. After all most of the competitors got a limp or collapsed about halfway through the race! I think the 21st century is shaping up to be a more balanced event and it looks like the U.S is developing a cramp fairly early into the race. I think part of the problem is everyone tends to overstate how robust the U.S economy is or was. Let's be honest, the U.S was basically the only major economic power left standing after WW2 so I do not think it was any major achievement to get the gold medal for economic growth in the 20th century. After all most of the competitors got a limp or collapsed about halfway through the race! I think the 21st century is shaping up to be a more balanced event and it looks like the U.S is developing a cramp fairly early into the race.

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