"We can't solve problems by using the same kind of thinking we used when we created them."
-- Albert Einstein

"A great deal of intelligence can be invested in ignorance when the need for illusion is deep."
-- Saul Bellow

"Never ascribe to malice that which can be explained by incompetence"
-- Napoleon Bonaparte

"A lie told often enough becomes the truth"
-- Vladimir Lenin

Showing posts with label newthinking. Show all posts
Showing posts with label newthinking. Show all posts

Friday, November 14, 2008

New Thinking: Jim Rogers

Jim Rogers is one of the most successful investors of all time. He's been speaking out for many years about the precarious state of the US economy.

See this interview from November 2007. A choice comment on Chairman of Federal Reserve Ben Bernake "He's been a disaster... He's going to print money till we run out of trees"




And here's what he has to say about bailing out Freddie and Fannie Mae (mabye we should listen). 


New Thinking: Peter Schiff of Euro Pacific Capital

Kudos to Peter Shiff of Euro Pacific Capital for speaking publically on the impending credit implosion since 2006. And it's documented on video in this compilation of his appearances on Fox News from 2006 and 2007.  Take note of the other so-called economic experts scoffing at his warnings as if he were some kind of wack job. In fact they were all exactly wrong about the economy and Mr. Schiff exactly right.