Omega Owners Forum
Chat Area => General Discussion Area => Topic started by: cem_devecioglu on 15 August 2011, 10:46:19
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"Marx was right; capitalism can destroy itself"
Roubini
as I said before, the monetary flow direction will always be upwards.. which always creates the mess..
and I'm afraid, war(s) can open this deadlock..
http://business.financialpost.com/2011/08/12/roubini-says-more-than-50-chance-of-global-recession/
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however if the ruling elite accepts to give up its huge profits and the managements of state and its control , money flow direction will change meaning another system ;D which I never do believe they will..
so war option may knock the door or big recessions..
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Nouriel Roubini was one of the economists who forecast the financial problems of 2007. He was far from being the only one, yet he rides the wave of notoriety with gusto. No matter what the situation, he predicts doom and more doom and has become somewhat of a joke amonst his peers.
His outlook on life is "If I keep saying it, one day it is bound to happen".
Try listening to Warren Buffet, he has more of a handle on things....I think :-/
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[media]http://www.youtube.com/watch?v=O-KWb6JuYp0[/media]
......"and the Mayan panoramas on my pyramid pyjamas haven't helped my little problem"..... ;D
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there is more than a hundred years between them..
whats the intersection of Marx and Roubini ?
they see the same truth and me too.. And I dont think we are all mad ;D