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Stock Market Crash & The (next) Great Depression Ahead?
Uploaded by: CraigBrockie
Video Description:
Update: April 7 2008:
Since producing this video, I've been introduced to and following another investment expert whom I'd like you to know about. Visit www.TrueContrarian.com for more information.
The sub-prime mortgage crisis has led to the bursting of the US housing bubble. What's next?
Craig Brockie and New York Times best selling financial author and economic forecaster Robert Prechter share how to survive & prosper in a deflationary depression.
Find answers to these questions:
Bull market boom or bear market bust ahead? Recession or depression? Inflation or deflation? Buy or sell? U.S. dollar, Yen, Euro, Amero, gold or silver? Equities or bonds? Can the Fed save the day? Will Ben Bernake and the Federal Reserve print the greenback into oblivion and create a repeat of the German Weimar Republic? Or will we experience another stock market crash followed by a repeat of The Great Depression?
Avoid foreclosure of your home, protect your retirement savings by selling your mutual funds and stocks before the herd, avoid a run on the bank and your insurance company going broke. Sleep well knowing you're prepared.
Who has the answers? CNBC, Bloomberg, The Wall street Journal, The Economist, The Globe and Mail, or BBC World? How about an interview or panel with Donald Trump, Jim Cramer, Alan Greenspan, Warren Buffet, Doug Casey, Jim Shepherd, Milton Friedman, Naomi Klein, George W. Bush, Hillary Clinton, Barack Obama, Aaron Russo, or Libertarian Ron Paul to save the day?
Should you invest in the NYSE companies, Dow Jones Industrial Average, S &P 500 Index, Nasdaq technology stocks, emerging markets such as China, forex and interest rate derivatives, short selling, put options, call options, commodities, commercial real estate, buy homes with no money down, or sell your house? Who will win the next election -- the Democratic or Republican party?
Watch this free video and compare it to what you hear on tv shows, radio programs, Googling the web, or your favorite dvd, Youtube channel or online blog. Or Google "The Great Depression" and educate yourself about "deflation" to save your money and financial well being.
It's a mad world of conflicting opinions about oil and energy prices, billionaire wealth, billion dollar earnings and merger and acquisition news, and trillion dollar debts. Yesterday's sell off followed by today's rally on equities (despite the war on terror) leaves both buyers and sellers confused. What's the big idea? Small caps, market cap, recap, refinance? Wait, there's GM, GE, HSBC, UBS, RBC, CIBC, TD, BMO - and plain old BS.
I know this sounds like a George Carlin rant, but I bet he could make more sense of the confusing world of finance than most Wallstreet "experts", reporters and journalists.
Welcome to my five minute show.
Enjoy!
CraigBrockie.com
Tags for this video: crash crisis deflation depression dvd free great market mortgage prechter recession robert stock sub-prime the video
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CREDIT DEFAULT SWAP
Its going to make mortgage backed securities look like a walk in the fucking park. Hows a 60 Trillion dollar world wide loss sound to you.
They are the ones who are protecting the crooks and stealing our great grandkids money!
Forget the REpublican Democrate crap and just get rid of them. Vote in someone you actually want in 2 years when there is a decent choice.
(copy and paste this everywhere if you hate taxes!)
Rupert Murdock organised big share holders meeting in Adelaide 2 yrs ago, they were all preparing for it back then.
I have to admit, this will give a lot of people a good reality check, something they will not forget. But some people will deserve it to, for being so greedy.
The USA is bankrupt & Oct 1st US Military troops are training to fight American citizens
US owes 96 trillion it has plundered & pledged to SS & Medicare
US plundered another 53 trillion from other trusts
US owes 10 trillion interest to a bunch of private bankers it allows to print money out of thin air
US owes on 12 trillion Freddie & Fannie; US owes untold to Bernanke's buddies on Wall Street
US is over and done with!
Thank god for my second citizenship!
Do you really believe that?
And your author there was completely wrong with his 1980s prediction. Actually after that prediction, we experience the biggest bull market of our generation.