We're having a global Tyler Durden moment.

Oh, and we're going to do a story about how money is meaningless, and then ask for some.

Comment hidden because you are ignoring dag.(show it anyway)

Excuse me while I go slit my wrists. This is pure gloom. Remember Warren Buffet's adage - be greedy when people are fearful and fearful when people are greedy.

>> ^garmachi:
Oh, and we're going to do a story about how money is meaningless, and then ask for some.


They never said anything about money being meaningless. Schiff said that our current policies may lead to the Dollar being mostly worthless... not the same thing.

I like watching videos of Schiff predicting exactly what is happening now while others laugh and make fun of him. Was he just lucky, or does he truly understand what is going on? He definitely has a point about people's savings though. What happens if prices start rising and most people have very little stockpiled to counteract the increased cost (not sure on the likelihood of this though)?

Hopefully Obama will be able to help things, but if he's really set on keeping companies alive artificially then it could make things worse.