1. #1
    BigBollocks
    BigBollocks's Avatar Become A Pro!
    Join Date: 06-11-06
    Posts: 2,045
    Betpoints: 26

    Two Economic Predictions That I Think Will Occur By The End of 2011

    #1) The US stock market will crash. The entire system is fed upon credit and a ponzi-like trickle down policy, and has falsely been stabilized for quite sometime (with substantial help from the US government obviously). Of course a hurricane hitting Houston, another terrorist attack, or anything else of the sort will hurry along the process....

    and....

    #2) The US dollar will have less than half the value of what it has now. I myself have been hedging against the dollar for roughly six years now, and have been advising others to do the same. I've mainly converted USD into EURO, but have also transferred a fair amount into CDN. I don't think we've seen anything yet, as the US foreign debt, financial reserves, and monetary influence don't even merit where the USD is now. I look for the USD to continue to plummet.

    Gentlemen I hope I'm wrong, but feel quite confidant I'm right. I'm acquaintances with one of the sharper finance ph.D.'s one could hope to meet, and his opinions are just downright doomsday. It could be an ugly situation for whomever takes office in '08.

  2. #2
    ritehook
    ritehook's Avatar Become A Pro!
    Join Date: 08-12-06
    Posts: 2,244

    Isn't 2011 some kind of magic, mystical date that the New Age people keep talking about. I seem to recall someone discussing big things like that, on the radio about 8-10 yearrs ago. That late night show that used to discuss strange and spooky goings-on, I forgot the name of it.

    Something to do with the predictions made by the calendar sages of the old, semi-lost Mayan civilization. All sorts of crap coming down in about four years . . .

  3. #3
    abacus30
    abacus30's Avatar Become A Pro!
    Join Date: 03-23-07
    Posts: 336

    BB - so to help deter some of the negative individual impact, are you saying you're simply converting part of your investments from USD into Euros, but remaining in the same investment markets?

  4. #4
    Lucas
    i am broke
    Lucas's Avatar Become A Pro!
    Join Date: 12-20-05
    Posts: 1,062

    why do you think USD will go so deep? any fundamental factors? i doubt USA purchasing power should be so low. the exchange rate is in long term determined by economy strenght - as i see lazy europeans and asian bubble... i do not think usa will be so poor. If this really happens, people in my post socialist country could afford to buy much more goods than people from USA. i do not see it real.

    The End of The World should come 2012... Terence McKenna said it, so we must w8 for the fall of USD 1 more year, i am sure. And it is ok, because at the time we will be dead, mad, communists or enlightened, so no need of money by then.

    SBR Founder Join Date: 12/20/2005


  5. #5
    The HG
    The HG's Avatar Become A Pro!
    Join Date: 11-01-06
    Posts: 3,566

    BB these aren't outlandish predictions. It would be like saying a +135 dog will win, and maybe picking an over 8.5 at Petco.

    One thing that will save the dollar to some extent is that so much of the world has a vested interest in keeping it somewhat strong. If the dollar crashes, everyone else in the world who holds dollars, and who is owed dollars, will lose out big time. China for instance.

    Less than half of what it is now by 2011? That would be catastrophic, that won't happen naturally, but no question it will continue to fall, I think getting out of dollars and US securities in general is almost a no-brainer good idea.
    Last edited by The HG; 08-23-07 at 01:24 PM.

  6. #6
    Willie Bee
    Willie Bee's Avatar Become A Pro!
    Join Date: 02-14-06
    Posts: 15,818
    Betpoints: 121

    I've been predicting the end of the world for a while now, and advising everyone to make their purchases with ************, at least their AMEX cards so that if it does happen very soon you won't have to pay those debts off. The only person who has taken me up on this is my wife.

  7. #7
    The HG
    The HG's Avatar Become A Pro!
    Join Date: 11-01-06
    Posts: 3,566

    Quote Originally Posted by ritehook View Post
    Isn't 2011 some kind of magic, mystical date that the New Age people keep talking about. I seem to recall someone discussing big things like that, on the radio about 8-10 yearrs ago. That late night show that used to discuss strange and spooky goings-on, I forgot the name of it.

    Something to do with the predictions made by the calendar sages of the old, semi-lost Mayan civilization. All sorts of crap coming down in about four years . . .
    Yes the world is going to end on December 21, 2012, which is why the money on prop bets for after that date is 100% square. Don't go running to the mods trying to get me banned for implying that you are square if you happen to have some prop action for after that date, I'm just the messenger here.

    The fact that this is not mentioned at all in discussions of betting strategy and long-term bankroll growth on here is troubling.

  8. #8
    Willie Bee
    Willie Bee's Avatar Become A Pro!
    Join Date: 02-14-06
    Posts: 15,818
    Betpoints: 121

    So HG, would you advise waiting until the last minute to do my Christmas shopping in 2012?

  9. #9
    Lucas
    i am broke
    Lucas's Avatar Become A Pro!
    Join Date: 12-20-05
    Posts: 1,062

    i thought that Dec 21, 2012 is date when sportsbook and bodog will pay US customers

    now please ban me for anti-US racism, finally i will have free time to enjoy life instead of posting for the few remaining days

    SBR Founder Join Date: 12/20/2005


  10. #10
    Justin7
    Justin7's Avatar Become A Pro!
    Join Date: 07-31-06
    Posts: 8,577

    I bet the dollar will continue to devalue, but not quite this rapidly. It's still a good idea to diversify your stock portfolios with non-US based companies. Take a look at several Vanguard funds (VDMIX is a conservative one focusing on Europe and Japan).

  11. #11
    BrentCrude
    BrentCrude's Avatar Become A Pro!
    Join Date: 11-16-05
    Posts: 4,665
    Betpoints: 12

    Dittos on the gloom and doom,couldn't have said it better!

    The only thing you left out was FDR lighting the fuse to america being force fed socialism.Tax,over regulate,print lots of money,confiscate gold and let everyone either work at a makework government job that pays allot or just give them entitlements they never earned.You just created a Keynesian economy!Too bad for the losers who work at ** Donalds or Wal Mart who have to fend for themselves and be looked down upon by the government elitist ruling class parasites.

    SBR Founder Join Date: 11/16/2005


  12. #12
    ShamsWoof10
    ShamsWoof10's Avatar Become A Pro!
    Join Date: 11-15-06
    Posts: 4,827
    Betpoints: 24

    First off I definately don't believe the world is coming to an end by 2012... This is not to say that I don't think something will happen on or near that date.. I just think it will be something very suttle that may signify the end of an era and the start of a new one...

    With that being said I think the elitists want "global government"... I mean sh*t it says it right there on the back of the dollar bill... Find my avatar on the back and read what it says RIGHT below it... Translated that means "New World Social Order.." The basic idea of a Global State is actually a good idea... Everyone and everything will be balanced but the only problem I have with their plan goes back to what David Rock. said a while ago: "We made a mistake in the past in establisihing world government... Having control of one physcially is not enough...there must be total control and the only way to accomplish this is to also have control of ones soul.." I think besides having one currency, one government, and one language you can add one religion to that list too and I believe it will deal with Lucifer, BUT FIRST they have to have all the existing ones destroy each other... This is currently underway... This will take quite a while to play out...

    As for the USD by 2011..? Can we say Amero boys and girls...? The USD has already fallen 50% to the Can. dollar and 500% against oil... They are not just going to let it fall forever... I feel that it will keep falling but at a certain point they will replace it with the Amero...


  13. #13
    The HG
    The HG's Avatar Become A Pro!
    Join Date: 11-01-06
    Posts: 3,566

    Quote Originally Posted by Willie Bee View Post
    So HG, would you advise waiting until the last minute to do my Christmas shopping in 2012?
    Yes, arrmaggeddon provides countless opportunities for mischief, short-cutting, and petty scamming with impunity that no one even thinks about.

  14. #14
    Scorpion
    Update your status
    Scorpion's Avatar Become A Pro!
    Join Date: 09-04-05
    Posts: 7,800
    Betpoints: 7870

    Andy,
    Why are you so hard on Willie Bee?

    SBR Founder Join Date: 9/4/2005


  15. #15
    The HG
    The HG's Avatar Become A Pro!
    Join Date: 11-01-06
    Posts: 3,566

    Quote Originally Posted by ShamsWoof10 View Post
    I think besides having one currency, one government, and one language you can add one religion to that list too and I believe it will deal with Lucifer,
    yes, LUCIFER, Son Of The Morning! Him what shall so reigneth upon this realm of Earth and Creation so shall he who subjugate upon His Will!

    Remember the great warning, and heed:

    He who so shall, so shall he who!


    ishhhthmusshh eeyaieey shthtchishhthmous yarbexerephele mthishhthhphisth

  16. #16
    LargeMouthBass
    LargeMouthBass's Avatar Become A Pro!
    Join Date: 03-18-07
    Posts: 1,095

    Everyone should go rent America: Freedom to Facism...

    The Federal Reserve and the IRS **** up America more than any other organization in the world...

  17. #17
    payupsucker
    payupsucker's Avatar Become A Pro!
    Join Date: 07-20-07
    Posts: 137
    Betpoints: 786

    I thought the world was going to end when we hit Y2K. So the Y2K crowd was off by 12 years. Interesting but Nastrodumass said it will end in the year 3000 and something or other. Which will happen first all depends on if you are a glass half full or half empty type of guy.

  18. #18
    ShamsWoof10
    ShamsWoof10's Avatar Become A Pro!
    Join Date: 11-15-06
    Posts: 4,827
    Betpoints: 24

    Quote Originally Posted by Willie Bee View Post
    I've been predicting the end of the world for a while now, and advising everyone to make their purchases with ************, at least their AMEX cards so that if it does happen very soon you won't have to pay those debts off. The only person who has taken me up on this is my wife.
    That's hilarious Willie Beeeeamer and I actually agree with you on debt... In a sense I have told people the same thing... Get something like Gold or Silver to back you then max. out everything... Make minimum payments so if the dollar loses value so does your debt and the goods and services you attained will be cheap "BY TODAY'S STANDARDS".... Also if the dollar loses value or is reset which is really what you would want then one gold coin might pay off your entire debt...

    LMB that avatar is the sniz... It reminds me of a cheerleading competition I went to in Daytona a while back.... I suggest anyone who wants to see the hottest collection of girls to go to the college cheerleading competition... I met a Louisville cheerleader 6 months before and went down to watch her... UNREAL!!!! Anyway the film you mentioned is a few years old I believe and you're right it does outline how the Fed. Reserve is a scam, a corporation, and how/why it was set up... Do keep in mind guys that in the USA's lifetime 4 ...yes that's right 4 Fed. Reserves have gone bust and the currency has been devalued to zero more then once as well.. The most recent being the depression when companies paid their workers with "Vouchers" and there was no money for a year I believe...

    JFK was going to get rid of the Fed. Reserve and my illuminati boys pumped one in his as*... The next time someone comes across a dollar bill with the letter K notice a few things: 1. It's K and the 11th letter, 2. There are 4 11's on the dollar bill adding up to 44 which is the age JFK was when he got shot, and 3. Look really close to what it says around the letter K..it tells you where the bill was printed/minted ...guess where... Dallas Tx. where he was shot... How do you like them apples..?

    Last edited by ShamsWoof10; 08-23-07 at 04:52 PM.

  19. #19
    The HG
    The HG's Avatar Become A Pro!
    Join Date: 11-01-06
    Posts: 3,566

    LUCIFER, Son Of The Morning!




    shmthhscheeyiae ishthmsthmus chthotium xerxephele thhsmssuthhststh eeyeeaeiea

  20. #20
    Lucas
    i am broke
    Lucas's Avatar Become A Pro!
    Join Date: 12-20-05
    Posts: 1,062

    i am just reading Valis from P.K.Dick, he says our time is not real, my head is going to blow from the book, signs of God are everywhere, THIS THREAD IS ALSO SIGN, please let some good soul locks it here

    and i am scared of GANCH HQ avatar

    SBR Founder Join Date: 12/20/2005


  21. #21
    NeedProtection
    NeedProtection's Avatar Become A Pro!
    Join Date: 02-25-07
    Posts: 113
    Betpoints: 72

    I think getting out of dollars and US securities in general is almost a no-brainer good idea
    There are heavy correlations for the US Market and International Markets.

    Therefore, if the US stock market crashes, so does the rest of the Global markets.

    I thought you used to own a Hedge fund? Impossible the advice you dole out in this thread is way too stupid. You and the non-HG granchow must be 2 different people.

  22. #22
    P.F.Kasooff
    P.F.Kasooff's Avatar Become A Pro!
    Join Date: 11-13-10
    Posts: 1,907

    Posted 08-22-07, 09:32 PM

Top