Michael Ruppert – titanic is SINKING NOW!

11 Comments on "Michael Ruppert – titanic is SINKING NOW!"

TheProphetNabob on Tue, 12th Apr 2011 8:59 pm 



More bullshit from Peak Oil’s head buffoon.

Rick on Tue, 12th Apr 2011 11:08 pm 



Mike is right about a lot of things, and a collapse is coming, but I doubt in July.

DMyers on Wed, 13th Apr 2011 12:25 am 



As I write this, there are two comments on the board (TheProphetNabob and Rick), neither of which address any of the information Ruppert puts forth with self-described urgency. I consider and weigh what Ruppert is saying but must ask others to assist with judging the technical correctness of his assertions

His main message is that the Japanese nuclear incident will have a direct impact on economic data, based on the affects of the parts and products shutdown in a major industrial nation. Typical and anticipated business activity will not occur (because it cannot) which will – obviously – cause a drop in measures of economic activity. He emphasizes quarterly earnings reports because according to him these will be immune from the usual misrepresentation of economic data. He also claims that our growth oriented economic system will naturally buckle at a drop of this sort, as will be reflected in a stock market sell-off.

In support of this prediction, he points to the “over-leveraged” disposition of the economy, in general, which I understand to say that in reality the whole thing is already teetering. He also points out that the recent economic bailouts were couched in assumptions which included economic growth.

Although he does not address the peak oil phenomenon specifically, he does mention that the rising price of oil puts even further strain on the system as it faces the above-mentioned hit on earnings.

I find Ruppert’s point to be credible on a common sense, know enough to be dangerous, intuitive level. If his assumptions are correct, then his conclusions are highly probable. If there are those out there inclined to criticize his video, I believe they would need to demonstrate that quarterly earnings reports have much less impact than Ruppert implies, that he has incorrectly placed the quarterly earnings debacle around the end of June, that the results of Japanese shutdowns on quarterly earnings are overstated, that his emphasis on growth in determining the economic zeitgeist is wrong, and that the market is flexible enough to buffer a big quarterly earnings report deficit without falling apart.

I lack the expertise to tackle these issues on a critical level, but I look forward to comments from those who are not so unqualified.

TheProphetNabob on Wed, 13th Apr 2011 3:08 am 



DMyers, Ruppert said Hurricane Rita (2005) meant the “collapse of the US economy.”

He’s a monumental ass.

RICHARD RALPH ROEHL on Wed, 13th Apr 2011 5:21 am 



Let us ‘in-Heil’ der fascist corp-rat $moke… to glorify der Prophet Bobble-head Dick.

Butt allass! Der so called prophet seems more the buffoon. Disparagement and arrogance are the tools of insecure eeeeeeego desperate to maintain DENIAL! DENIAL! DENIAL! DENIAL!

TheProphetNabob on Wed, 13th Apr 2011 6:45 am 



Richard, which of my assertions about Ruppert are incorrect?

DMyers on Wed, 13th Apr 2011 8:22 am 



Richard, I don’t believe you’re an act. You are probably a conspiratorially placed web spider, programmed to compose in a corny, old war movie German accent.
Your humorous comment interrupts a rational discussion. But a point well taken. We must deal with the message here, not the messenger.

I’ve laid out the message apart from the messenger. This is a complicated situation, and if we don’t follow it closely all the way through, we’ll never know how it really turned out on the other side. Japan has been a reliable supplier at all times. No doubt, we’ve built that reliability into our macro-economic equilibrium, if there is such a thing. It’s no small thing, that’s all I can say, and it’s something I have never witnessed in 59 years.

BillT on Wed, 13th Apr 2011 10:00 am 



Amazing how ‘bad news’ is so quickly poo pooed by the rabble. But, when it actually happens they ask, “Why didn’t someone see this coming?”

I am no market guru, but, his points are logical. Growth of the GDP is directly related to oil. Oil is a limited resource (don’t get into the “we have 100 years of oil” B.S. ) Since oil is expensive and getting more and more expensive, it is going to be an anchor on growth, until, eventually growth is going to stop everywhere and shrinkage will be the rule for the rest of human existence.

With the US economy balanced on the edge of a knife, Japan may be the event that pushes it off and into the abyss.

Guess we shall see soon if Michael is correct. Me, I have nothing in the Market so I can sleep at night.

Harquebus on Wed, 13th Apr 2011 10:09 am 



If I was stupid enough to install that Flash crap, I could watch the video but, I ain’t that stupid.

cipi604 on Wed, 13th Apr 2011 11:16 am 



Last time I’ve checked Japan’s economy was the 3-rd in the world, with some industry that you can’t replicate that fast.

cusano on Thu, 14th Apr 2011 8:10 am 



First they ignore you, then they laugh at you, then they fight you, then you win. Gandhi

Change is coming..accept it or not.