Warren Buffet Joins Economists Warning Of Major Stock Market Crash In 2014
via iacknowledge
Warren Buffett, billionaire investor who predicted the derivatives based 2008 financial crash way back in 2004, is also said to be preparing the 2014 crash. The “Warren Buffett Indicator,” also known as the “Total-Market-Cap to GDP Ratio,” is pointing to an imminent and devastating crash.
With a major stick market crash looking increasingly inevitable, what can you do if you have money on the markets? Most folks see two options:
1) Sell up and stuff your money under the mattress, or
2) Risk everything and ride out the storm.
Mark Spitznagel, Marc Faber and now Warren Buffet. My guess is that if they are warning about it they are also probably betting on it as well. The stock market is a lottery and gambling casino rolled into one these days. You can win alot of money betting on a crash, youcan lose alot of money trying to win. Its a rigged game.
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Whistler Blowers, Insiders
Buffett was the useful idiot that backed Obama to the hilt saying he wanted to pay more taxes like Obama wanted but still owes Massachusetts boo coo back taxes. Too bad he did not tell the truth before the idiots reelected Obama.