Own American Investments? Sell! Sell! Sell! By August, $s will be junk currency.

As the Dems celebrate their supreme court "Victory", a giant sucking sound is heard....

If you didn’t have the foresight to sell yesterday, I bet today you wish you had done so.

If you have a 401k, pay the 20% penalty for early withdraw, pull it all and buy the Yuan or any stock not American…

If you have American Stocks, Bonds, Dollars, or worse Munnies or Government Bonds, Sell! Sell! Sell!

Say, isn’t Obozo about to order another two, three, maybe four rounds of Quantitative Easing?

What a Crock!

 

Well good luck Americans, i rather be safe them sorry. Lucky for me i have small properties in my homeland. il be ok.

I wish i was more aware in the 90's where the dollar was super strong....but il working it out.

 

That is not sound advice. While it might be funny to some, you should be careful what you tell people because some are dumb enough to follow through.

 

Is it NOT good Advice?

Go Back and study carefully the percentage of the average American's 401K devaluation which occured at the time Obozo took office and started his $1.7 Trillion kickback bachenal. And since that time American Stocks have been largely stagnant or slowly failing.

By comparison, stocks in Chinese companies have risen steadily, partly on America Stimilus Package Dollars sent by way of Green Energy Pork to those who REALLY funded Obama's 2008 Campaign.

Do you think that American Companies can actually compete with Chinese companies while under the new constitutionally legal "Tax" of the $Trillion / Decade Obamacare plan?

Any average American's retirement portfolio would do far better by paying the penalties for early withdrawl now, and getting the money into foreign market account, outside the reach of the newly supreme court enabled federal tax machine. Its not as if next year's or next decade's taxes will be lower than the penalties of early withdrawl today.

Furthermore, as soon as that money is out of failing American Company hands, the sooner it will start to make decent investment gains again. Lost time, stuck in failing American Markets is lost retirement money.

Is it what's best for the American WORKING Middle Aged & YOUNG? Absolutely NOT! But those are very idiots who have put Obama and his cronies in power!

ObamaCare is an Economic Train Wreck in so many long term ways, I find it hard to believe that any sane American supports it.

But if the Train is at full speed heading toward the jagged, broken Trestle, while Obozo the Merry Engineer of American Destruction smirks in glee, only a fool stays aboard.

 

Actually if you go back and look at history you will find the smart move to divest from the market, totally, if and when a republican gains the White House. It's never good.
Should the GOP gain control of all three branches......there is no hope...we are headed into a deep depression.
History and facts, they do not lie.

 

Considering that a certain crowd has been proclaiming imminent total financial collapse for the last 20 years running, it's hard to take them seriously this time.

Yeah, we know. It's _different_ now. Just as it was different every other time.

 

The only thing that can be predicted about the market is its unpredictability.

If you are worried about your 401K or other investments why not put them in something safe to protect your assets rather than go for "risky" or "fast" growth?

You may even be able to put your money in a "short" fund if you dare.

But giving the government your money for nothing doesn't sound like good advice to me. I think it is closer to 30 or 40% if you cash out early.
The government gets 10% for sure. Thats for taking it out before you are 59 and1/2.

I have heard that China has buildings full of copper and parking lots full of coal with ships full of coal waiting on the sea with no buyers. Do you really want to put your money in China?

They say (on the Kudlow report) that China is lying about their growth.

 

If the U.S. economy fails it will take the world with it.

Look at what Greece did.

Short would be the only play.

 

Hmmmmmm......


So, to borrow a propaganda technique from the Left;

"Ohhhh, So you're one of those dirty rotten racist government deficit and national debt deniers! Off with his head!"




On a more serious note, do you really believe that there will be no economic consequences from this Supreme Court decision?

Do you think that the new given license to "Tax" by selecting which goods and services each and every American is REQUIRED to purchase won't have a significant impact on how all investors see the profitability of American Stocks, Bonds, and most especially Government Municipal Bonds?



No Accountability = No Profit!

 

Tangible assets. Farmland, distillation equipment and pumps, tools, seeds, clothing and footwear. Everything else is an illusion that will disintegrate upon the collapse of the USA dollar.

 

In the Long, Long, Long Run, even the dollar will come back, but that won't stop three generations of Common Americans from having to needlessly live their lives as 5th-world country, low-tech, backward serfs.

 

What a moronic crock. Everything went south in 08 and 09, where did the world put it's money? US treasury bonds. Why? Because it was the safest bet. In the world of the blind, the one eyed man is king. China is on top of a bubble, the EU only has a stable Germany to prop up the entire system, Brazil and India depends on exports to these nations, and the US is economy is growing, slowly, but growing. You guys really should consider that your posts live for eternity here on the net, and even now this thread is hysterical.

 

Will it? or will the world simply find a new central, anchor country to provide a primary currency and go on much as it has?

America used to be truly exceptional, both in our commitment to international justice in things like defeating the NAZIs and Brutal Authoritarian Communists, but also in providing charitable and under-developed country assistance.

America saw itself as the shining city on the hill, and played the part relatively well. In turn, the world rallied behind our banner, economic and technical methods and currency.

After President Obama's World Wide Apology Tour, were every mistake and regrettable accident was emphasized with much groveling, that image and leadership has been destroyed. America's Prestige and World Leadership role, both economically and internationally has declined because of it, as Obama intended.

In the mean time, China, despite an often abhorrent political system, has pulled itself together remarkably. Without the constraints of political correctness or environmental extremism limiting its industry, it has become a powerhouse world leader in manufacturing, at a time when American Industry is rusting at best.

China is aggressively pursuing both a high tech military and a pragmatic, strategically planned space program.

Meanwhile Obama has re-directed our space program to have "Muslim Outreach" as it primary mission.

And gotten our military evolved in a half-dozen new conflicts in the Middle East were it is not even clear if America has joined the side with our values and best interests. With our troops spread out, our objectives unclear, our military supplies and resources expended, he plans to cut military spending by 40% so the money can be spent on racial preferences and green energy boondoggles.

I would not BLAME the world for seeking a new Chinese Center, America has chosen to no longer be the shining city on a hill.