[Ludi]

$this->bbcode_second_pass_quote('patience', 'I') have found Faber to have well founded and well considered opinions.
.

[mcgowanjm]

$this->bbcode_second_pass_quote('Ludi', '')$this->bbcode_second_pass_quote('patience', 'I') have found Faber to have well founded and well considered opinions.
.

[Ludi]

So is the answer to my question "2010"?

Just trying to get a straight answer here. Thanks.

[cipi604]

It's going to be war. Faber is always right.

[Ludi]

$this->bbcode_second_pass_quote('cipi604', 'I')t's going to be war. Faber is always right.

[cipi604]

2015

The bible is man-made btw, I wouldn't quote that. For a historic book to show everyone how people really behave in rought times it is a good read though.

[Ludi]

$this->bbcode_second_pass_quote('cipi604', '2')015

The bible is man-made btw, I wouldn't quote that.

[mcgowanjm]

$this->bbcode_second_pass_quote('Ludi', 'S')o is the answer to my question "2010"?

Just trying to get a straight answer here. Thanks.

[dsula]

$this->bbcode_second_pass_quote('cipi604', '2')015

The bible is man-made btw, I wouldn't quote that. For a historic book to show everyone how people really behave in rought times it is a good read though.

[Revi]

I'm guessing that the financial bust comes a little sooner than that. The stimulus runs out next year, people are going to be running out of unemployment benefits around next February, the cost of oil goes up and for the average person it's begun. The war will follow, but we don't have the resources to carry it out.

I'm guessing 2012 is when TSHTF.

[Sixstrings]

My best guess on a timeline would be to look to history. Find the stage of deflation in the 1930's that correlates to where we are today. Then subtract that date from 1939, when Germany invaded Poland and voila you have your timeline.

[cipi604]

$this->bbcode_second_pass_quote('Sixstrings', 'M')y best guess on a timeline would be to look to history. Find the stage of deflation in the 1930's that correlates to where we are today. Then subtract that date from 1939, when Germany invaded Poland and voila you have your timeline.

[Rod_Cloutier]

You also have to consider what the other countries do if the US dollar is collapsing in value, an actual example today from Japan:

http://www.bloomberg.com/apps/news?pid= ... y.xqXNa4ac

Japan is going to print Yen into circulation to keep their currency from appreciating relative to the US dollar, which is harmful to their export manufacturers. They know full well this appreciation is not due to a strength of the Yen but the collapse of the dollar, yet to be effective policymakers they must print Yen as a result. The Canadian government did the same thing about 3 weeks ago. The Canadian dollar was approaching parity with the US dollar, and the Canadian government stepped in and began flooding the market with BILLIONS of Canadian dollars to halt the appreciation.

As the US dollar continues to fall, expect every other nation to follow in turn, printing more of their currencies into existance to halt the appreciation caused by the dollar's collapse. Where this will take us I don't know? Expect the whole global economy at some point will dissolve into hyperinflation from all the money being printed into being?? Or, conversely, business as usual as other countries knowingly debase their curriencies to maintain the status quo??

[Sixstrings]

$this->bbcode_second_pass_quote('Repent', ' ')Where this will take us I don't know? Expect the whole global economy at some point will dissolve into hyperinflation from all the money being printed into being?? Or, conversely, business as usual as other countries knowingly debase their curriencies to maintain the status quo??

[Kristjan]

$this->bbcode_second_pass_quote('Repent', 'A')s the US dollar continues to fall, expect every other nation to follow in turn, printing more of their currencies into existance to halt the appreciation caused by the dollar's collapse.

[Rod_Cloutier]

The news print industry is also doomed. I went to buy a newspaper last saturday and they rang up the till to $4.50 It had been months since I had bought a paper but this was a shock. I couldn't believe it $4.50 for a newspaper, I put it back. (Why buy the newspaper when anyone can get free online news 24 hours a day, 7 days a week, which is also often uncensored and unmoderated.)

If people can only afford to buy essentials the print industry will die a quick death. Libraries will be back in style.

[threadbear]

The U.S. won't be going to war, unless there really is a huge threat. They just don't have the money for make believe anymore. Faber is flat out wrong on this one.

[oxj]

$this->bbcode_second_pass_quote('Sixstrings', '')$this->bbcode_second_pass_quote('', 'I')NTERNATIONAL. Marc Faber, the Swiss fund manager and Gloom Boom & Doom editor, said eventually there will be a big bust and then the whole credit expansion will come to an end. Before that happens, governments will continue printing money which in time will lead to a very high inflation rate, and the economy will not respond to continued stimulus.

[Sixstrings]

$this->bbcode_second_pass_quote('Kristjan', 'W')hich reminds me - I've bought quite a few books from the States (from visits to the US and from Amazon) and I have noticed an interesting thing - they were all printed in the United States. Seems like the printing industry the only industry that hasn't been shipped to China. Funny, really.