tag:blogger.com,1999:blog-26981669.post1255435412370667483..comments2024-03-23T10:55:30.196-05:00Comments on Cold Fusion Guy: Motley Fool: A Farewell to ARMs?Jim Peethttp://www.blogger.com/profile/07649414726939918803noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-26981669.post-56887024746677663062008-03-24T10:09:00.000-05:002008-03-24T10:09:00.000-05:00You know, anon, the "gold bugs" (I'm almost one) h...You know, anon, the "gold bugs" (I'm almost one) have been saying this for decades. We might figure a way out--gotta remember that a LOT of people even did pretty well during the Depression, including my grandparents.Bike Bubbahttps://www.blogger.com/profile/08193546045614393425noreply@blogger.comtag:blogger.com,1999:blog-26981669.post-46467711520406600742008-03-21T21:09:00.000-05:002008-03-21T21:09:00.000-05:00My prediction: Many globally minded people want t...My prediction: Many globally minded people want to regionalize the world. I don't think the dollar will actually collapse, but I think we may be in for a rough ride and there may be an illusion that the dollar will collapse. The answer to this seemingly inevitable calamity will be to switch from the dollar to the Amero (North American money similar to the Euro in the European Union). When Americans are told something to the effect that gas will cost much cheaper on the Amero, they will not only tolerate it, but beg for it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-26981669.post-74529810338216472462008-03-21T20:53:00.000-05:002008-03-21T20:53:00.000-05:00This may not be the best place for this, but I don...This may not be the best place for this, but I don't want to go back and try to find old posts where it might fit better. But, it does at least fit somewhat because it's dealing with economics. <BR/><BR/>Anyway, apparently there is a wild rumor going around now on the Internet that the American economy will collapse by September 2008, the Federal government will subsequently implode by February 2009, and there could be a resulting civil war because of all this turmoil................If you come across this rumor, don't believe it! It's a hoax.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-26981669.post-56807595681820056562008-03-21T16:12:00.000-05:002008-03-21T16:12:00.000-05:00You know, I was going to try to parse out the "goo...You know, I was going to try to parse out the "good riddance to ARMs" and try and figure out a good reason for ARMs--say when there is a down payment and each payment pays off some principal--but then I remembered that ARMs take the onus off the Fed to keep monetary policy stable.<BR/><BR/>So well said.Bike Bubbahttps://www.blogger.com/profile/08193546045614393425noreply@blogger.com