Apparently, Goldman Sachs rule the world...
 

I know I have made quite a bit of money on a mini downturn - circa May 2010. This guy's message seems to be a mixture of "learning to make money in a downturn" to "the whole world will crash".

Yeah, I saw that.

I'm kind of worried, but not about my investments, I don't have that much tied up in investments. Maybe 10-20k? I'm sure all our parents have way more that that.

To me, as long as the world doesn't go to hell in a hand basket, I'm pretty happy.
The worst thing I can think of would be economy crumbles, there's no power and such. Nobody ships in food we're forced to fight over what's left.

shit, that is scary as hell.

Maybe I should tell my parents to dump everything they have...

What's that guys name?

And what the heck is the right plan to prepare for another depression?

The EU is what Is scary
Posted via RS Mobile

Do I live in a time where everything is about 'Doomsday'? Or is this just normal?

This guys motives,

Step 1 - Learn the hedge
Step 2 - Appear on major news network and speak of impending doom
Step 3 - ???
Step 4 - PROFIT

First he says he DREAMS of a recession, as he knows how to profit. Then later explains that the markets will crash.

The market turmoil right now is nothing new.

Why is this video worthy of a thread? I find absolutely nothing astonishing about this guy's speech.

http://s3.amazonaws.com/kym-assets/e...jpg?1308157550

Y u no tell us how to prepare?

a lot of the top investors/economists who are extremely successful but ignored (like max kaiser) have been saying this for sometime now

The people on TV aren't usually so candid.

Forbes magazine called him out. He's part of a hoax. Google it.

the truth is , US is far worse shape than Europe, but its easier for the to print money, raise debt ceiling etc. when it fails...

the fundamentals are same as 2008, little change in terms of regulation..