Doomsday is Coming

Will be updated every 3 months. Next debt clocks update January 2014. Until then, Merry Christmas and Happy New Year

 

so if global public debt is 51,....................

who is the lender ?

reserve banks ?

 

Good one, LOL

 

Do you guys think that debt is the biggest problem ?

 

I suggest a higher education

 

Quite funny and most certainly true!

 

I've been listening to all of these doomsayers for almost a year now and nothing even close to what they've been predicted has happened. The interesting thing to note is that all or most of the doomsayers are usually those that are trying to sell gold.

 

"one year" your time horizon is ridiculously short.

" most of the doomsayers are usually those that are trying to sell gold. '
you mean sell gold as an investment?

 

But we're gonna act like those same people haven't been singing that song BEFORE I began listening to them, right?

 

OK guys, I'm going way out on a limb here and predicting a market bottom sometime in late 2008 or early 2009. The S&P should bottom out around 666. Oh, and EMG, it might be time for a giant burrito!