Icon Re: White Paper by KDB on the coming economic crash
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Big Fat Freddy (view)

Kent's been reading too much Lyndon LaRouche, you know the stuff about the Trilateral Commission, Council on Foreign Relations and all that.  Dumbing down of America?  Useless math?  What is this dribble?  Does anyone actually think Intel could have been created by people who knew how to balance a checkbook but were not taught calculus?  A photographic memory doesn't teach a person how to reason or think logically.

He confuses national debt with our trade deficit, which is what Buffett is talking about.  Buffett hasn't switched out of dollars, he has only increased his euro holdings during a time in which he knows the dollar is being lowered to combat our trade deficit.

Kent can either be ignorant, sell his house and buy gold, or he can take a basic economics class at his local Buffalo city college where I am sure they would be less than awed by this "paper."  I'd give it a "D" for effort but basic lack of understanding.

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