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Friday, 27 March 2009 20:57 |
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The mobs are forming…
Give the sans-culottes a chance…and they’ll turn violent. So far, two bosses have been held hostage in France. Employees wanted something the bosses either couldn’t or wouldn’t give.
In England, the yahoos attacked poor Sir Fred Goodwin’s house. Fred ran |
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Monday, 17 November 2008 20:21 |
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by The Mogambo Guru
My Puny Mogambo Mind (PMM) is actually retreating into a little Mogambo Inner Bunker (MIB) of its own, and I find that I avoid looking at what is happening at the hands of Treasury Secretary Hank Paulson and Fed chairman Ben Bernanke, as all of this money is going to show up in |
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Thursday, 20 November 2008 17:31 |
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by The Mogambo Guru
I was too scared to look at Total Fed Credit myself (the "money from thin air" stuff that the Fed keeps pounding into the banks) because it seems to me to be turning into a Gorgon - a creature so hideous that if you looked at one, you would turn to stone; of course, in my case I |
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Friday, 21 November 2008 23:42 |
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by The Mogambo Guru
Jim Sinclair of jsmineset.com had a link to the essay "Before Saving the US" at ChinaStakes.com, written by a guy named Xiang Songzuo, which starts out, "The nature of the current global financial crisis is the biggest debt crisis in America's history", which is certainly not |
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Monday, 01 December 2008 23:21 |
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by The Mogambo Guru
I was standing outside of the supermarket, jostling with the bell-ringing Salvation Army guy for attention, telling shoppers, "Buy gold, silver and oil! The governments of the world are insanely creating too much money and credit to try and alleviate the inflationary ravages of |
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Friday, 14 November 2008 21:32 |
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by The Mogambo Guru
From Reuters we get the headline "The Banks Are Cheating Us", with the subhead "Hong Kong investors protest Lehman Brothers losses", which made me laugh, "Hahahaha!" and think, "Welcome to the real world, Hong Kong chumps!"
The article starts off, "Angry Hong Kong investors, |
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Tuesday, 18 November 2008 22:57 |
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by The Mogambo Guru
Mike Shedlock of globaleconomicanalysis.blogspot.com writes that I - and people like me, who are expecting inflation - are a bunch of idiots, which is unfortunately true about me, and I am grateful that my Natural Mogambo Stupidity (NMS) is his only complaint about me. I only |
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Thursday, 20 November 2008 17:33 |
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by The Mogambo Guru
The news just keeps getting worse, and I note with dismay that the latest report of initial claims for unemployment are 516,000 - well past the psychologically-important half-million mark - personal bankruptcies averaged "4,936 per business day in October" - which is up 8% from |
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Monday, 24 November 2008 18:00 |
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by The Mogambo Guru
The recent G-20 meeting in Washington, D.C. is where the world's 20 biggest and/or most important economies got together to change the world's economic architecture, with everybody promising to spend like maniacs right now, but to one day act honorably and adhere to some future |
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Tuesday, 02 December 2008 22:04 |
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by The Mogambo Guru
Looking at all the money that is being suddenly created by governments around the world brings up Mike "Mish" Shedlock, of Sitkapacific.com, who wrote and reminded me that he likes gold, which I naturally immediately interpreted to mean that he agrees with me that such |
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