Inflation Tsunami Warning… it’s coming!

September 19, 2008

I love Max Keiser of Karmabanque Radio. His boisterous, outrageous style of financial commentary had him pigeonholed as a kind of conspiracy theory blowhard. However, now that the sky is really falling in the American economy, Max is starting to be touted as a sort of genius prophet. Anyone who has been following his podcast, for the past 3 or 4 years, is only surprised this banking collapse took so long to materialize. This could be the end of America as we know it. A tsunami of inflation is going to hit the US dollar. The tide has left the beach. What are you going do? Stand on the shore scratching your head? Or run for higher ground?

Anyways, here’s a few of Max’s recent tv appearances…

Max says that ultimately it will be good for the developing world who have the savings and resources. End of the US dollar as reserve currency.

Max about the fears that Wall Street’s woes will spread around the world.

Max says that the financial crisis is an aftershock of 9-11. 

 

The following is much better explanation of the coming US dollar inflation tsunami than I’ve ever been able to articulate. This is from a Canadian blog: Critical Brain Candy http://www.thier.ca/cbc.

Read the rest of this entry »


Don’t be shocked by the US Dollar Collapse

March 21, 2008

Here’s a few videos to help you prepare psychologically for the inevitable collapse of the US dollar.  If you’re still not convinced, read this interesting thread from BoingBoing and/or listen to Max Keiser‘s daily podcast Karmabanque Radio. Find out what the American media isn’t allowed to tell you. When it comes to the health of the US dollar: mum’s the word. However, with more and more major banking institutions begging for gov’t bail outs, it’s getting very difficult to keep a lid on the truth about this financial crisis.  America can put its fingers in its ears and sing “la la la” for only so long.  Don’t be caught with your pants down. Buckle up, it’s gonna be a bumpy ride.     


Jay-Z: Euros are the new bling bling

November 9, 2007

Jay-Z's Euros

Is Jay-Z signaling a recession?
Submitted by Mark Olson on October 31, 2007 – 4:47pm.

There is something quite alarming on the recently released “Blue Magic” music video.

The song, by the wildly successful rap artist and businessman Jay-Z, is on an album of songs accompanying/inspired by the Ridley Scott movie “American Gangster,” starring Denzel Washington and Russell Crow.

But it wasn’t sex, drugs, violence or explicit language that shocked my conscience.

It was the Euros.

The Jay-Z video flashed large stacks of €500 Euros.

When I start seeing rap stars flashing euros instead of U.S. dollars, I know our economy is in trouble.

Jay-Z carries a lot of weight. Just look at what happened when he began boycotting Cristal champagne.

It’s sad that rap stars can no longer show their style with a good old $500 U.S. bills (featuring President McKinley) and now need to flash €500 Euros (featuring some sort of suspension bridge).

I don’t need the chairman of the Federal Reserve to tell me about the state of our economy. I just need Jay-Z, the new Alan Greenspan.

I don’t blame Jay-Z. A stack of €50,000 in Euros would equal $72,000 in U.S. currency. And you’d need 144 $500 bills to equal a stack of 100 €500 Euros. I don’t know if even Jay-Z has that large a money clip.

When I start seeing rap stars throw around the Canadian Loonie, then I know our economy is really in trouble.