The curse of cheap money

bradclark1 · 11-01-07, 10:42 AM

Quote:

Originally Posted by SUBMAN1

By the way, that is a myth about rich people. If you analyze it, rich people pay more taxes than anyone else.

By percentage income/tax they pay less.

Skybird · 11-01-07, 01:19 PM

Jim Rogers saying that the US is in a recession, that Bernanke is a mad man, that Wallstreet will suffer a bloodbath, and that it makes no sense anymore to invest into a deeply sick currency like the Dollar.

http://www.telegraph.co.uk/money/mai.../bcnrog124.xml

http://www.reuters.com/article/idUSL1470530620070314

http://www.reuters.com/article/busin...e=businessNews

German language:
http://www.welt.de/finanzen/article1..._US-Crash.html

He doesn't sou8nd like a rocketscientist to me, but like a man with a good ammount of healthy reason. It obviously has served him well in his life.

Skybird · 11-01-07, 01:28 PM

The European Bank's reaction to the Fed's move: opposite direction:

http://www.spiegel.de/international/...514847,00.html

11-01-07, 01:19 PM	#2
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 42,660 Downloads: 10 Uploads: 0	Jim Rogers saying that the US is in a recession, that Bernanke is a mad man, that Wallstreet will suffer a bloodbath, and that it makes no sense anymore to invest into a deeply sick currency like the Dollar. http://www.telegraph.co.uk/money/mai.../bcnrog124.xml http://www.reuters.com/article/idUSL1470530620070314 http://www.reuters.com/article/busin...e=businessNews German language: http://www.welt.de/finanzen/article1..._US-Crash.html He doesn't sou8nd like a rocketscientist to me, but like a man with a good ammount of healthy reason. It obviously has served him well in his life. __________________ If you feel nuts, consult an expert.

11-01-07, 01:28 PM	#3
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 42,660 Downloads: 10 Uploads: 0	The European Bank's reaction to the Fed's move: opposite direction: http://www.spiegel.de/international/...514847,00.html __________________ If you feel nuts, consult an expert.