Blog that i followed on US Economies

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lootster
Platinum Forum Contributor
Posts: 354
Joined: Tue Dec 08, 2009 2:50 am

An Economic Collapse is Coming

Post by lootster »

Just to share.....

Even Goldman Sachs Secretly Believes That An Economic Collapse Is Coming

http://theeconomiccollapseblog.com/arch ... -is-coming
candy_chia
Investing Mentor
Posts: 1731
Joined: Sun Jul 17, 2011 11:36 am

Re: An Economic Collapse is Coming

Post by candy_chia »

We should listen to Big Boys or Fund Managers with a pinch of salt...

In the article,

"This is so typical of Goldman Sachs. They will say one thing publicly and then turn around and do the total opposite privately.

For example, prior to the financial crisis of 2008, Goldman Sachs was putting together mortgage-backed securities that they knew were garbage and marketing them to investors as AAA-rated investments.

On top of that, Goldman then often privately bet against those exact same securities."
lootster wrote:Just to share.....

Even Goldman Sachs Secretly Believes That An Economic Collapse Is Coming

http://theeconomiccollapseblog.com/arch ... -is-coming
Dennis Ng
Site Admin
Posts: 9781
Joined: Tue Nov 29, 2005 7:16 am
Location: Singapore
Contact:

Post by Dennis Ng »

Latest Jim Rogers interview on 27 Sep 2011:

http://www.youtube.com/watch?v=5pRde10G7rA
Cheers!

Dennis Ng - When You Master Your Finances, You Master Your Destiny

Note: I'm just sharing my personal comments, not giving you investment advice nor stock investment tips.
woonty

Post by woonty »

Marc Faber interview on 30 Sep 2011

http://marcfaberblog.blogspot.com/2011/ ... onomy.html
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