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Bob and Susan
Elite Nomad
Posts: 8813
Registered: 8-20-2003
Location: Mulege BCS on the BAY
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Mood: Full Time Residents
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11.9...12.2...12.5...13.1..."go dog go"
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mtgoat666
Select Nomad
Posts: 19934
Registered: 9-16-2006
Location: San Diego
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Mood: Hot n spicy
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| Quote: | Originally posted by toneart
Gnukid is a visionary. He also see the big picture and is not afraid to gaze into the future instead of being stuck in an old paradigm. The old
paradigm is NOT working and all indications are for a total economic collapse. We are there now. It is only the corporate media that is keeping it
propped up, and thus prolonging the fall.
Most of you will get caught by complacency. Make your defensive plans now, if you can.
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i assume you are telling us that stock market wealth will evaporate, real estate holdings will devalue to zilch, and the only security net is to buy
guns/ammo, learn a trade that has value after armageddon, and live on a self-sufficient farm or commune.
perhaps i got to get some of what you two are smoking!
[Edited on 5-21-2010 by mtgoat666]
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knuckles
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Posts: 140
Registered: 9-15-2009
Location: I am never sure anymore :)
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I think gnukid is spot on......
I have a not so crazy uncle living in a bunker in Utah. He has been telling me the same things for 20 years. I always wondered what he was
smoking...but knew he was a smart guy and have been taking his advice more seriously in recent years.
gnukid has put it in perspective, listen now folks before its too late.
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tripledigitken
Ultra Nomad
Posts: 4848
Registered: 9-27-2006
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Based on these posts...........................
I'm buying Alcoa stock!!! 
Ken
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toneart
Ultra Nomad
Posts: 4901
Registered: 7-23-2006
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Mood: Skeptical
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| Quote: | Originally posted by mtgoat666
| Quote: | Originally posted by toneart
Gnukid is a visionary. He also see the big picture and is not afraid to gaze into the future instead of being stuck in an old paradigm. The old
paradigm is NOT working and all indications are for a total economic collapse. We are there now. It is only the corporate media that is keeping it
propped up, and thus prolonging the fall.
Most of you will get caught by complacency. Make your defensive plans now, if you can.
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i assume you are telling us that stock market wealth will evaporate, real estate holdings will devalue to zilch, and the only security net is to buy
guns/ammo, learn a trade that has value after armageddon, and live on a self-sufficient farm or commune.
perhaps i got to get some of what you two are smoking!
[Edited on 5-21-2010 by mtgoat666] |
Take out the guns/ammo and you may have it. Self-sufficient farm could translate down to growing whatever food you can. Communes are not for most
including myself. But Community help, support and mutual trade is very realistic. That is happening now, more and more.
...and go get or grow your own stash. Stop coveting others'.
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mtgoat666
Select Nomad
Posts: 19934
Registered: 9-16-2006
Location: San Diego
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| Quote: | Originally posted by gnukid
I live in the most wealthy regions of California and Baja
I get stuck at parties next to the biggest venture capitalists, bankers and CEOS and worse foreign nation presidents and even worse than that I have
to sit next CFR losers
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Please don't choke on your silver spoon!
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toneart
Ultra Nomad
Posts: 4901
Registered: 7-23-2006
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| Quote: | Originally posted by Dave
| Quote: | Originally posted by toneart
The old paradigm is NOT working and all indications are for a total economic collapse. We are there now. It is only the corporate
media that is keeping it propped up, and thus prolonging the fall.
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What indicators? |
Dave,
The indicators are most of the ones that have already been mentioned by others in this string.
You probably won't like my answer because it is only opinion. My opinion is based on projections of my constant monitoring, reading and immersion in
watching this thing go down. It is also based on intuition, which has no value to anyone else, but it serves me well.
I too am a futurist with a pretty good self-confirming track record. However, I can be wrong and sometimes am. What I have to say about being
occasionally wrong is that time has not borne me out yet. It's coming!
On my Toneart business/pleasure card I try to be modest. I printed the slightly self-deprecating line: "A Visionary In Over His Head". 
What I want on my tombstone is: "A Visionary Really In Over His Head This Time!" 
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tripledigitken
Ultra Nomad
Posts: 4848
Registered: 9-27-2006
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"Even multi millionaires worry they will be bankrupt, yesterday a billionaire told me he couldn't get a loan on his real estate holdings that are paid
for in cash and turn a profit! Many of my wealthiest friends have only a few thousand in the bank-seems odd? " Gnukid
These people you describe must have inherited their wealth and take mass quantities of illegal drugs.
They are idiots if they are what they claim, and still fear they will go bankrupt and/or have no money in the bank. So YES, it does seem odd!!!
to the billionaire with vast holding of RE paid for, with a cash flow and can't get a loan.......wha wha wha wha
What also seems odd, if you're as poor as you claim how is it you are hanging with these high rollers, are you a waiter?
Ken
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mtgoat666
Select Nomad
Posts: 19934
Registered: 9-16-2006
Location: San Diego
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Mood: Hot n spicy
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| Quote: | Originally posted by tripledigitken
What also seems odd, if you're as poor as you claim how is it you are hanging with these high rollers, are you a waiter?
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or gigolo or drug dealer?
i still think newkid is silver spoon boy from san fran, coasting in loafer mode until daddy warbucks passes on inheritance.
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Bajahowodd
Elite Nomad
Posts: 9274
Registered: 12-15-2008
Location: Disneyland Adjacent and anywhere in Baja
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Right on, Ken.
Without launching in to a diatribe about what has gone wrong in this country both socially and financially, I do want to go on record about the
supposed economic collapse. In my opinion, had it not been first for Bush and then Obama injecting tons of dollars, many of you probably hate because
they propped up ungrateful institutions, we would have sen a worldwide financial collapse that would have dwarfed the great depression. What I don't
understand is that now, after Armageddon was averted then, there are way too many folks who cry about socialism, loss of freedom, and the need to
maintain free markets. If you don't want to face the abyss again, and soon, you need to get your elected representatives from coddling the financial
people. Just yesterday, the payday loan lobby was apparently able to expunge language in the pending financial legislation that would have limited the
number of usurious loans they could make to a customer. We are living in very unusual times. However, the onslaught of deregulation that started in
Reagan's time is the very thing that caused the recent meltdown. Being able to limit and control greed and ignorance is not socialist. It's
pragmatist.
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Cypress
Elite Nomad
Posts: 7641
Registered: 3-12-2006
Location: on the bayou
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What am I gonna do with all my money?
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gnukid
Ultra Nomad
Posts: 4411
Registered: 7-2-2006
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| Quote: | Originally posted by mtgoat666
| Quote: | Originally posted by tripledigitken
What also seems odd, if you're as poor as you claim how is it you are hanging with these high rollers, are you a waiter?
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or gigolo or drug dealer?
i still think newkid is silver spoon boy from san fran, coasting in loafer mode until daddy warbucks passes on inheritance. |
Funny that in this crisis you attack the poor person instead of the rich? I have no idea-well maybe I do, no I don't have any one giving me money,
neither suga momma or sugar daddy. I simply have a simple life.
In California and everywhere we brush shoulders, and you might find that most private parties have no entry fee so they certainly do not cost
anything, in fact I bet few even carry a wallet or cash.
Look don't try to make me feel bad because I am poor and happy, nor because my friends are rich, apparently they find me interesting and they envy my
efficient lifestyle. So yes I am poor. I garden and grow my own foods and fix my old cars and we even make our clothes and sandals and whatever we
need. My income is almost zero.
I was sitting at the bar of private club a while ago and found myself next to an attractive and pleasant woman and a few guys in suits. Suddenly
someone said hey there are people in suits breaking into your camper out front-I ran outside and so did the woman to see-there were secret service
breaking into my car, I stood back and let them do their business. Finally when they stopped and the woman waved them over, I said why did you
illegally enter that vehicle you broke the law, they said no, we have a constitution free zone 100 miles in from any border and besides we are
protecting the president of Argentina who you are drinking with?
I laid into them pretty hard about the slippery slope of thinking they are beyond laws and the constitution even if they think they have President
Obamas approval, its still against the law. Then they made some hot young female secret service buy me drinks-but I balled her out the whole time for
being part of the destruction of the USA. It sucks, these guys really believe they are above the law. An ACLU lawyer was there too but he wouldn't
take the case because he said I didn't really suffer serious consequence. Damn.
My point to you seniors is, don't follow main stream media, trust yourself, stop buying crap and get out of corporate investments. Even the Obama
administration has said they will likely need to take your 401k and mutual funds to pay the debt but they are going to pay you back later on...
Is anyone even a little bit cautious about trusting the media as a guide to finance? Anyone? And yes, good question what will I do with my money? Very
good question?
[Edited on 5-21-2010 by gnukid]
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tripledigitken
Ultra Nomad
Posts: 4848
Registered: 9-27-2006
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Gnukid,
Let's be clear. I did not attack you. I asked how is it you are hanging with wealthy people when you say you are poor. Unless you are in the
service industry that is unusual. I questioned the honesty/intellect of the wealthy people you are having conversations with.
Multimillionaires, the smart ones, have investments in Corporations and or LLC's to insulate those assets from their personal assets. So when a
"wealthy" person says he/she has no money in the bank, well.... it just doesn't ring true.
Your theories of the world, etc. I just take exception to, with a few exceptions.
Ken
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Woooosh
Banned
Posts: 5240
Registered: 1-28-2007
Location: Rosarito Beach
Member Is Offline
Mood: Luminescent Waves at Rosarito Beach
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| Quote: | Originally posted by mtgoat666
| Quote: | Originally posted by toneart
Gnukid is a visionary. He also see the big picture and is not afraid to gaze into the future instead of being stuck in an old paradigm. The old
paradigm is NOT working and all indications are for a total economic collapse. We are there now. It is only the corporate media that is keeping it
propped up, and thus prolonging the fall.
Most of you will get caught by complacency. Make your defensive plans now, if you can.
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i assume you are telling us that stock market wealth will evaporate, real estate holdings will devalue to zilch, and the only security net is to buy
guns/ammo, learn a trade that has value after armageddon, and live on a self-sufficient farm or commune.
perhaps i got to get some of what you two are smoking!
[Edited on 5-21-2010 by mtgoat666] |
and you only have until December 21, 2012 to do it all... 
[Edited on 5-21-2010 by Woooosh]
\"The only thing necessary for the triumph of evil is for good men to do nothing\"
1961- JFK to Canadian parliament (Edmund Burke)
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surebought
Junior Nomad
Posts: 84
Registered: 11-30-2009
Location: Ensenada
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Wow, I didn't really want to cause any panic. I am just saying that the exchange rate could go to 16 to 1 quickly. That's is not exactly economic
meltdown. It's actually a good thing, unless you get paid in pesos or the Government owes you money. Actually I think that Mexico overall has
weathered the last two years pretty good, economy wise. Its pretty hard to have a credit crisis if no one works with credit anyway. Most people who
own property, own it free and clear here. That's why you don't see the prices going down. "If someone wants to give me a redicules price for my
property, I'll take it. Otherwise, I'll just pass it on to my kids." I have heard that a lot from Mexican Property owners over the years.
In a while the smile on my face turned to plaster.
Stick around while the clown who is sick, does the trick of disaster. Neil Young from Mr Soul.
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chippy
Super Nomad
Posts: 1761
Registered: 2-2-2010
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I´m sorry gnu but your posts are really lame. You are poor but hang with billionaires? You drink at private clubs but you are poor? WTF? Am I missing
something here? Plus your doom and gloom hopes are the same B.S. I´ve been hearing all my life from religous zealots. You act like you hang with
Mexicanos yet I have never met a Mexican with your twisted negative point of view. I think my life plan will be to do the opposite of what ever you
spew. Saludos
PS Bring on 16 to 1!!!!!!!!!!!!!!!!!!!!
[Edited on 5-21-2010 by chippy]
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Cypress
Elite Nomad
Posts: 7641
Registered: 3-12-2006
Location: on the bayou
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Mood: undecided
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surebought!!
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Bajahowodd
Elite Nomad
Posts: 9274
Registered: 12-15-2008
Location: Disneyland Adjacent and anywhere in Baja
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Point is that with the Mexican economy growing faster than almost any other, if the Peso falls, it really only means that Mexico's exports will be
cheaper for the rest of the world, allowing them to export more goods.
That said, Noting that I'm nothing close to an economist, as the trouble in Europe causes the Euro to weaken and the Dollar to strengthen, Mexico is
just going to have to hold on for the ride, inasmuch as what you are quoting is Dollar v. Peso.
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mtgoat666
Select Nomad
Posts: 19934
Registered: 9-16-2006
Location: San Diego
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Mood: Hot n spicy
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| Quote: | Originally posted by gnukid
I was sitting at the bar of private club a while ago and found myself next to an attractive and pleasant woman and a few guys in suits. Suddenly
someone said hey there are people in suits breaking into your camper out front-I ran outside and so did the woman to see-there were secret service
breaking into my car, I stood back and let them do their business. Finally when they stopped and the woman waved them over, I said why did you
illegally enter that vehicle you broke the law, they said no, we have a constitution free zone 100 miles in from any border and besides we are
protecting the president of Argentina who you are drinking with?
I laid into them pretty hard about the slippery slope of thinking they are beyond laws and the constitution even if they think they have President
Obamas approval, its still against the law. Then they made some hot young female secret service buy me drinks-but I balled her out the whole time for
being part of the destruction of the USA. It sucks, these guys really believe they are above the law. An ACLU lawyer was there too but he wouldn't
take the case because he said I didn't really suffer serious consequence.
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hard to follow along with this story  am i to understand that you were
hitting on the prez of argentina when the US secret service roughed you up, and then you tried hitting on a hot secret service agentina, and you
almost got into her pants using a tirade about civil rights, but then the ACLU dissed you
so which chick did you go home with?
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Cypress
Elite Nomad
Posts: 7641
Registered: 3-12-2006
Location: on the bayou
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Bajahowodd, You're not an economist? Who would have guessed? The Mexican economy is an example of a powerhouse? Good God in heaven! The average income
is well below poverty. The Dollar vrs. Peso is like a pit bull vrs. a chihauhau.
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