Apparently, financial collapse is imminent.

[Comatose]

It's the Harold Camping of the financial world. He claims he's made predictions that Fannie Mae, Freddie Mac, Bear Stearns, and others would go bankrupt in 2008. His name is Porter Stansberry. I've never heard of him, and he's preaching bullstuff.

Here.

[Ad Bot]

[indyjones]

I watched this like a week ago.

[Comatose]

I watched this like a week ago.

I just saw a commercial on TV.

[Bopizku]

Stansberry.

That is extremely similar to my last name.

[stuntman021]

LEGAL DISCLAIMER: This work is based on SEC filings, current events, interviews, corporate press releases, and what we've learned as financial journalists. It may contain errors and you shouldn't make any investment decision based solely on what you read here.

[Comatose]

LEGAL DISCLAIMER: This work is based on SEC filings, current events, interviews, corporate press releases, and what we've learned as financial journalists. It may contain errors and you shouldn't make any investment decision based solely on what you read here.

That's the irony of it.

Ahaha. This guy's committed fraud before. He got sued by the SEC because of it.

[blaman]

Whether what this guy is saying is true or not, the US is forgeted regardless. In the next few years the american standard of living is going to sink like a stone.

[captain blue]

Whether what this guy is saying is true or not, the US is forgeted regardless. In the next few years the american standard of living is going to sink like a stone.

bet you 50 dollars thats not gonna happen this century

[blaman]

bet you 50 dollars thats not gonna happen this century

Depends what hoops the governments and banks can find to jump through.
But the current economic model even to someone who has no experience with it is clearly headed down hill, and to fix it would probably be nearly impossible.

[Harm94]

loving old people degrading this nation for future generations.

[comr4de]

o mg im so ofended