Posted by MarkB_MI on January 01, 2015 at 15:11:15 from (70.194.10.67):
In Reply to: Re: Investments 2014 posted by Sprint 6 on January 01, 2015 at 08:49:16:
Ever hear of Howard Ruff? He was predicting the collapse of the dollar and the US economy back in the seventies. Guess what: it didn't happen. Of course, even a broken clock is right twice a day, and the US did come close to the edge in 2008. Funny thing, though, the crisis looked nothing at all like Howie predicted. Inflation (the major economic problem of the seventies) was not the cause of the crisis. The dollar remained strong, and the country never disintegrated into a barter economy. Who know? It could happen like Ruff predicted some day. But I wouldn't hold my breath.
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