The B Word
December 13, 2014
Jeremy Warner at telegraph.co.uk summed it up best when he wrote
“To still be running massive budget and current account deficits at what
may well be the top of the cycle is a truly dangerous place to be. Hang
onto your hats.”
I gotta admit that I stopped reading right there, as I was
instantly reminded of Bette Davis saying almost the same thing in a movie,
adding, with that famous smirk of hers, that “It’s going to be a bumpy
ride.” Hahaha! A bumpy ride indeed!
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the Laissez Faire Club
Mogambo Guru on Wall Street for Main Street
Annual Mogambo Christmas Poem
day before Christmas in the bankrupt US
Mogambo and Ron
Paul are playing chess
Talk turns to gold, silver and oil
And Mogambo's blood begins to boil
manipulation has gone on too long
What they're doing to
the middle class is entirely wrong!
"Simmer down", say
Ron, "and finish your lunch
Don't get your panties all up
in a bunch
The day is soon coming when it'll all collapse
This is nothing more than the Fed playing craps"
Richard Daughty (Mogambo Guru) is general partner and COO for Smith
Consultant Group, serving the financial and medical communities, and the
writer/publisher of the Mogambo Guru economic newsletter, an avocational
exercise to better heap disrespect on those who desperately deserve it.
The Mogambo Guru is quoted frequently in Barron's,
The Daily Reckoning, and other fine publications.
Mogambo Guru visiting the offices of GoldSilver.com where he ran into Junior
Mogambo Ranger (JMR) Dan Rubock, Managing Director, GoldSilver.com media,
sporting his Mogambo Guru T-Shirt.
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and not connected to Mogambo Guru in any way, other than an occasional