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Old 04-15-2012, 05:48 PM   #1
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Doodoo Tiny Timmah says it again: "no risk" of US becoming Greece

Remember the famous quote "no risk of US loosing it's AAA rating" months before the US debt downgrade:

Well, today, he said it again, this time in the context of the US becoming Greece:

Detailed analysis by ZH:
http://www.zerohedge.com/news/tim-ge...-years-no-risk
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Old 04-15-2012, 06:02 PM   #2
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Timmah!
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But both are the refuge of political and economic opportunists.”
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Old 04-15-2012, 06:06 PM   #3
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Old 04-15-2012, 07:34 PM   #4
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The oracle has spoken. Now run for the hills.
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Old 04-16-2012, 08:32 AM   #5
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Playing devil's advocate here...

I'm not really sure what else he can say when posed that kind of question.

At the same time, I don't know how anyone can still trust any of these guys.
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Old 04-16-2012, 08:45 AM   #6
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Actually, he interjected that before a question was asked. Still, I'm sure that he had prepared his plan for messaging (ie. propaganda) before they started the interview.
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Old 04-16-2012, 08:52 AM   #7
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Kyle's "come undone" presentation points out nicely why these guys can't tell the truth even when they know it, with several examples. His choice of wording is "interesting".

We're well and truly hosed. As PMBug said - head for the hills! Oh, wait, I'm there already.
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Old 04-16-2012, 09:56 AM   #8
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Originally Posted by DCFusor View Post:
Kyle's "come undone" presentation
Link?
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Old 04-16-2012, 10:07 AM   #9
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Oh, sorry. They've disabled embedding, but you can get it on youtube. I'd call this "required reading", myself.


Some commentary on my site with times where it's most interesting if you don't have the whole hour:
http://www.coultersmithing.com/forum...start=60#p3453

Quote :
There are some really funny comments in the midst of this "doom and gloom porno". I'll try to get back and add those times so you can skip to them.

13:25 - if you think a 50% writedown is going to save Greece - you've lost your mind.
19:33 - debt to gdp vs war
20:42 - shit, barney, make it count!
42:00 - paper gold bugs. Straight talk, no bs "thanks, give me the gold"
47:00 ".gov - we're just going to export our way out of this. How? We're gonna kill the dollar."
48:40 Bernanke means "rates low forever" because he's stuck. Can't raise them - can't afford to roll our debt if he does.
59:40 the "give a shit" factor
1:01:10 "good-good?
1:04:30 "don't believe these governments"
In fact, just listening to this again, after some time - the guy is calling them pretty close. Posting as just me, not as the forum owner. Everything I say is "in my opinion" and YMMV -- which should go for everyone without saying.

Doug Coulter Posts: 1668Joined: Wed Jul 14, 2010 8:05 pmLocation: Floyd county, VA, USA
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Last edited by DCFusor; 04-16-2012 at 10:11 AM. Reason: add content from my site
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Old 04-16-2012, 10:20 AM   #10
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Yeah this made the rounds at the market lows in late September early October. I thought you were referring to a new interview.
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Old 04-16-2012, 10:40 AM   #11
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Oops. Yeah - I thought everyone knew this one already, which is why I didn't bother with a link in the first place. However - interesting that he called things so well back then, there isn't need for another just yet. I remember what I/we were seeing and thinking back then and find it pretty cool how his calls are turning out. This also makes one wonder about the other calls that haven't yet.
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Old 04-17-2012, 03:20 PM   #12
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