Ambrose Loses The Plot | WHAT REALLY HAPPENED

Ambrose Loses The Plot

In a sense, I can see where he is coming from. He sees the onrushing collapse of global manufacturing as a result of the collapse of the financial system. So, he argues, the demand for commodities will also collapse.

Well, maybe it will. But any such effect will be more than compensated for by the fact simple fact that in the very near future, people aren’t going to want to invest in paper anymore, because they’ll finally realise that it’s all already worthless. Keep in mind, folks, that Gold is only a third of its inflation adjusted highs of the last century, the dollar isn’t going to recover against the euro, and does anybody actually know when harvests are going to return to normal in Australia and the Eurasian Steppe?

Webmaster's Commentary: 

If you took all the economists in the world and laid them end to end they would still point in different directions!