Sunday, July 10, 2011

What the HELL is going on?

Trouble with getting a Liberal education, no one ever tells you the truth about money.


Lucky circumstances, and my Family is in fairly good shape.


Many are not. Why?


CREDIT, DEBT, and Greenspan.


There is no way on God's green and verdant earth, can we escape the gathering Currency Crisis about to grip the World.


I post articles from some of the hundreds of people I interview, and also throw in my own stuff, just to take the 'layman's side'. 


Straight up - I hated economics, when I went to University - but I had a great 201 Educator named Edgar Efrat. 


Dr. Efrat was a pragmatist. 


He was still Keynsian, but he knew had an audience of bored morons like me and so he tried, valiantly, to make the "Dismal Science" interesting.


He did.


He looked across the sea of 230 of us Freshmen and said something to the effect that you are are in for a nasty surprise "There is NO FREE LUNCH."


Trouble is - for the last ten years - ridiculous interest rates, derivatives and sleazoids on Wall Street have SCREWED it up, big time.


I got into University when even middle class kids could go.
Not anymore.


I think University taught me how to become an alcoholic and little else. (*21 years sober).


I learned more from talking to John Rubino, Dr. Mark Faber and many others in my Radio career- (*thanks to the prescient Tom Allen at the excellent howestreet.com).


I will post and see if you are in agreement with me, that we are on the precipice of a very dangerous era.


I have made some dreadful mistakes - so take NOTHING at face value. 


Make your own decisions.
I will bring the info.


You bring the brains.


Ben Bernanke is a high functioning MORON, if he doesn't know what's going on.


Cheers.


The Uber Editor  (trying to make myself sound like a big shot)

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