Message:

<p>[QUOTE=&quot;stroligep, post: 1089864, member: 28684&quot;]<b>Doomsday</b></p><p><br /></p><p>As far as doomsday scenarios, it seems most people envision rampant inflation comparable to the Weimar Republic.</p><p><br /></p><p>But for me the doomsday scenario is bit different.&nbsp; Here&#039;s an article in the Atlantic that more reflects my doomsday scenario:</p><p><br /></p><p><a href="http://www.theatlantic.com/magazine/archive/2011/01/the-rise-of-the-new-global-elite/8343/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.theatlantic.com/magazine/archive/2011/01/the-rise-of-the-new-global-elite/8343/" rel="nofollow">http://www.theatlantic.com/magazine/archive/2011/01/the-rise-of-the-new-global-elite/8343/</a></p><p><br /></p><p>A relevant quote:</p><p><br /></p><p>&quot;The U.S.-based CEO of one of the world’s largest hedge funds told me&nbsp; that his firm’s investment committee often discusses the question of who&nbsp; wins and who loses in today’s economy. In a recent internal debate, he&nbsp; said, one of his senior colleagues had argued that the hollowing-out of&nbsp; the American middle class didn’t really matter. “His point was that if&nbsp; the transformation of the world economy lifts four people in China and&nbsp; India out of poverty and into the middle class, and meanwhile means one&nbsp; American drops out of the middle class, that’s not such a bad trade,”&nbsp; the CEO recalled.&quot;[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in