Dubai – Fight for life boats started
Posted by Oilism.com on September 7th, 2010 at 06:38am
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www.berninger.de The Dubai default on bond payments is not unexpected and will act as a catalyst for the dollar short squeeze and the stock market correction. There will be ramnifications in the US, UK and especially in the middle east. Oil price down will trigger further bond defaults
Under Oil price
25 Comments for Dubai – Fight for life boats started
1. MosheFukoshawa | September 7th, 2010 at 7:29 am
You see, I warned you before it happened.
2. kristiankroflin | September 7th, 2010 at 7:51 am
Of course…for some nothing could be predicted .. especially for those who always just want to look at the details and the details of the details – and so on (usual rabbit-hole/rationalization which those use who can’t accept that they’re in the mess).
3. Jacobrester | September 7th, 2010 at 8:14 am
I told people over 2 years ago that Dubai would be bankrupt in the near future……albeit the info was from experts….not myself.
I know the cycles and how they shall play out from 2008 forward. It is inevitable now.
4. AfroedNinja | September 7th, 2010 at 9:07 am
I wish all their oil resources would run out! Maybe it will help us all progress in technology!
5. MosheFukoshawa | September 7th, 2010 at 9:41 am
My model has been spot on since 2003. Now it says we will go a little higher and then see a parabolic move down. As a gold bug, I just want to warn everyone.
6. pcuimac | September 7th, 2010 at 10:01 am
There are no foreseeable cycles and Eliot-wave analysis is like astrology.
7. MosheFukoshawa | September 7th, 2010 at 10:36 am
Will you hold it all the way down to $250 again? My cycle analysis shows that there is a major bottom coming up. Just don’t get hurt!
8. Derukugi2 | September 7th, 2010 at 10:46 am
Jberni:
Rettungsboote sind “life boats” auf Englisch, nicht “rescue boats”.
Das ist etwas verwirrend für den nicht-deutschen Zuschauer…
9. ProofCrash | September 7th, 2010 at 10:50 am
In today’s video Schiff says that the markets overreacted and that the Dubai case is not a big thing at all. Said that people have been aware of the underlying problem for a long time. He also belittled the sum of $60 billion. I don’t really know, we’ll see…
10. jberni2 | September 7th, 2010 at 11:40 am
Well, then you miss the economic explanations, which peter and Max miss to support their statements and you won’t benefit from positioning yourself correctly and share your knowledge within this community.
Both of the guys have great infos by the way…
11. JivinforFun | September 7th, 2010 at 12:00 pm
copycat! go to peter schiff and max keiser for the real thing
12. Doenietmeermee | September 7th, 2010 at 12:44 pm
I am with you based on the same points
13. shawnaspen25 | September 7th, 2010 at 1:17 pm
Checkout “SHAWNASPEN25″ Channel if u can!
14. petsatcom | September 7th, 2010 at 2:11 pm
Thanks for the analysis
Ist is sehr gut.
Danka Jim
15. oc5nsli341nforce4 | September 7th, 2010 at 2:41 pm
The ship is listing and is soon to capsize. Once the ship is on its side it wont remain floating for long.
16. donna123123123 | September 7th, 2010 at 3:35 pm
You sound like you have a cold. Rest up.
17. DavidAKZ | September 7th, 2010 at 4:18 pm
yes, psychologically it’s an interesting game of Chicken
18. DavidAKZ | September 7th, 2010 at 5:10 pm
yo !
19. DavidAKZ | September 7th, 2010 at 6:03 pm
what and do some naval gazing
20. moremost | September 7th, 2010 at 6:41 pm
@SamuraiCommando suprise, suprise, they both learned German
21. SolarAlchemy | September 7th, 2010 at 6:47 pm
Couldn’t be more accurate with that metaphor.
22. mcc11505 | September 7th, 2010 at 7:37 pm
Thanks for posting & allowing comments too. I liked your lifeboat metaphor.
I often have a nightmare I am trapped on Titanic. I believe the James Cameron movie is a metaphor for the USA. The ship represents the machinery that is the USA. Bruce Ismay = Federal Reserve/AIPAC.
Capt Smith = Prez. Crew = bureaucrats. Iceberg= Legislation/budgets. Water = Federal Debt. Passengers = taxpayers. Rose = women. Jack = working class men. Band = MSM. XoX
23. Thunderwavia | September 7th, 2010 at 8:22 pm
wow , right at the end I took my first sip of coffee, right when you said to enjoy your coffee, hehe, thanks for your info!
feed our minds!
24. imigrantpunk | September 7th, 2010 at 8:54 pm
or you can use google translate
25. dojufitz | September 7th, 2010 at 9:18 pm
Thanks JB.
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