Saturday, July 23, 2005

DESTRUCTION OF ECONOMIC LIQUIDITY

Julian Roberts INterview Friday Russell mentioned this interview, here I provide a link.

SOme conflict as to what was said?

We are headed for one of the severist economic collapses in the history of the world, unseen since the Great depression, unless priniting fiat currency can cure all evils.

NO.......asset inflation only brings pain to most invloved. The government does not present ACCURATE data, offers only manipulated adjusted data and changes formula when unhappy with results. (industrial production).

Greenspan commented on how an inverted yield curve "doesn't mean what it used to" !!!! I must have wax in my ears again....

A SOBER look at our DEBT

Chart #8 shows mind blowing cash outs, what has FUELED spending

1 comment:

Anonymous said...

I watched this interview with Julian live when it occured a few months ago. The way that Al Martin has characterized Julian's comments is EXTREMELY innacurate to say the least.