I think the only way Gerald can get paid is by pumping sci-fi fear talk because that is what his reputation is built upon. If you look at his track record he has been wrong numerous times. Just look at the US Dollar as an example of realty. Gerald along with his depression predictions should have resulted in the crash of the dollar. In fact if even 50% of what Gerald is predicting about the future of the US were believable the dollar would be still crashing. In realty the dollar has gained as the word looks to the US for safety. If you want sci-fi entertainment to fall asleep to at night then follow Gerald. If you want smart analysis of the economy then follow Nouriel Roubini.
Mar
12
xasd
replied May 8, 2009
lol...go ahead and hold onto your dollars. you'll be perfectly safe
Combine recent bad jobs data with the June 30th announcement that China will end commodity stockpiling.
It feels like someone just took away the punchbowl...again.
Retest of the lows?
http://www.planbeconomics.com/2009/07/03/china-signals-end-of-commodity-stockpiling/