Skeptic Project

How long do you think that they will be able to keep the myth of this Fake Recovery going? I can see that it is falling apart. I still can not believe that thier are idiots still putting moniey into the stock market (Ponzy Scam). Enverybody are losing thier jobs and the homes. S*#t is starting to hit the fan.

What's a "Ponzy Scam"? You mean a Ponzi scheme? That's an entirely different concept than the stock market.

We're not going to be roaring at full throttle anytime soon, but the economy is getting a little better. Unemployment's going to take a while to recover, though. I believe there'll be another dip as the woes that hit the residential real estate market in 2008-09 work their way through the commercial market in 2010-11, but it should get better after that.

The company I work for just hired fifty new people in the last two weeks. We're going to take another 80 individuals by June. In fact today we had to dress extra nice because we were courting a potential client who if he does business with us will increase employment by even more.

I also ate lunch at a local restaurant yesterday and the place was packed. The mall was behind it was busy for Tuesday afternoon. So how can one say the economy is about to collapse?

I remember reading variations of this in 2008 and 2009 as well. But hey, I'm sure it's gonna happen this time for sure.

I hope that this economic doom is similar to the one Doug Casey and his miserable band of Austrians predicted would happen in 1983. Unemployment droped from 10.8% to 8.8% in 1983.

Warren Buffett must look at these Austrian economists as a bunch of rejects he wouldn't even hire for the Bob Cratchit jobs in his companies.

Don't have to; just have to wait until December.

No that is when the DOW goses to 0 and the dollar collaspes.

@ Truth is real:

I thought the dollar collapsed last October. My LaRouchie friend kept predicting that all last summer.

I liked CT, does that make me a CTer?

Gerald Celente is good at making predictions other people have made and pretending there his, or just being wrong in the predictions he makes. On archive.org you can find a lot of his older predictions on his site that simply were way wrong.

http://web.archive.org/web/20000311055204/www.trendsresearch.com/topten.html</p>

Take these for example, they're already things people said through the 90s or they're so incredibly vague, like a horoscope, it's bound to be "correct" from some perspective.

Celente writes:

Of all the changes of the new millennium, none will be greater than the unleashing of new sources of energy to drive engines of commercial power and the machinery of everyday life. The effects upon the structures of mankind will be as revolutionary as those resulting from the discovery of fire and the invention of the wheel.

Except that looking for these "new sources of energy" resembles looking for undiscovered integers between 1 and 2. For some reason people don't understand that science in many areas has exhausted its subject matter. For example, my week end desk clerk currently takes a biology course at a nearby community college, and I discovered from helping her understand the material in her textbook that almost nothing about molecular biology has changed since I took a class in it over 30 years ago.