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Always Employment for Attractive Women...A HARD Asset you can Buy!

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June 16, 2009 – Comments (13) | RELATED TICKERS: OIH

NOTE: I breached the hyper-inflation discussion to 5 college+++ educated peers aged 32-50 last week and they were beyond clueless about the possibility. One new guy mentioned that I was speaking "doom and gloom". I looked at him like he was a child. I said we are past that, the dollars purchasing power has been cut in half, real estate has dropped 40% over all, the US market has been cut in half and employment is going to 10-20% and oil is back to $70 barrel. That is not doom and gloom that is reality and it is just a massive economic contraction, a severe recession at best, a depression, likely and possibly hyper-inflation.

I explained Marc Faber and Jim Rogers seemed to think hyper-inflation was in the future. Faber said 100% certainty, the US will have hyper-inflation. I had explained this to the oldest and senior guy two years ago (before I became Top Fool, via abitarePERFECT) what was coming. So he let the other know I was feeding them this before it happened.  All these people at work gave me grief about it, two years ago now some ask question and seek advice, but I don't have any except...stockpile. Have some physical assets in case there is a systemic crisis. Yes, you can own stocks, but have the shares delivered.  Stocks will outperform currency in hyperinflation, I prefer commodity producers, with in a commute to your residence> I like local commodity producers more then the BRIC liars, IMO, my views may change.

The US is breaking many rules of law, accounting rules, printing money and destroying confidence. Do you think the BRICs companies are going to follow the rules if the US is not going to follow rules? No, owe, no, they will cheat as bad or worse the US, if you can believe it.

That is why I told you Fools to get ammo six months ago. Now you can't, but your neighbors cannot either.... Sorry it is late here.

How about something nice? Ok

There is ALWAYS work for attractive women, it is a global phenomenon 1,147,013 views here:

Want younger and dumber? Ok, here you go Fools!

The Good and the Bad of Being a Hooters Girl

http://www.lemondrop.com/2009/06/15/the-best-and-worst-of-being-a-hooters-girl/

FOR OVERALL MORALE, a hard asset you can buy now:

13 Comments – Post Your Own

#1) On June 16, 2009 at 11:29 PM, awallejr (81.55) wrote:

That is an inaccurate comment by Faber.  I watched that interview of him by Bernie Lo on Bloomberg.  He said it probably will happen because he doesn't think Bernanke will raise interest rates quick enough.  That is alot different than saying it is 100% certain.  Since you are great at finding video clips I suggest you find that one and review it.

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#2) On June 16, 2009 at 11:52 PM, Tastylunch (29.29) wrote:

Farmland man. I bought some.

You get a inflation correlated asset, a place to hide/bunker and food. Plus a place to use your ammo.

Although eminent domain seizure risk makes it a risky proposition though.

Re: hot girls I've heard numbers are down for dancers though.Too many women trying to work those places (a lot of former mortgage brokers, I kid you not) and their customers are poor now.

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#3) On June 17, 2009 at 12:09 AM, Harold71 (21.79) wrote:

awallejr: I watched that interview of him by Bernie Lo on Bloomberg.  He said it probably will happen because he doesn't think Bernanke will raise interest rates quick enough.  That is alot different than saying it is 100% certain.

 

Actually, Faber DID say it was a 100% certainty.

Last 30 seconds. 

http://www.youtube.com/watch?v=p2dDIWAVKzs

And again.

http://www.youtube.com/watch?v=6zwe9VpiKck 

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#4) On June 17, 2009 at 12:12 AM, whereaminow (20.23) wrote:

Strip Club Depression

David in Qatar

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#5) On June 17, 2009 at 12:47 AM, awallejr (81.55) wrote:

Harold, thanks for the clip.  Unfortunately it ends too soon, JUST as he says the reason is he THINKS Bernanke won't raise interest rates quick enough.

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#6) On June 17, 2009 at 1:23 AM, Harold71 (21.79) wrote:

awallejr

Here is part 3 of 3.

http://www.youtube.com/watch?v=LcdlBoHaBt4&feature=related

You'll notice Marc did say that he was 100% sure the US will go into hyperinflation, in part 2 of 3.  And part 3 of 3 kind of seals the deal on his view.

Bernie: "Close to Zimbabwe style inflation?"

Marc: "Yes."

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#7) On June 17, 2009 at 1:30 AM, awallejr (81.55) wrote:

Yet his REASONING is that he doesn't think Bernanke will raise interest rates quick enough.  THAT is surmise in the end.

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#8) On June 17, 2009 at 4:15 AM, checklist34 (99.70) wrote:

i'll bet my favorite car that we don't get anything even remotely slightly remotely close to hyperinflation. 

I got an "A" in my one and only economics class.  I basically grew up so poor there was no way i could have gone to college w/o scholarships, scholarships required for the most part all "A"s.  Now that noted I drank alot that year, and all i pretty much remember is

tinstaafl or whatever.  the no free lunch thing. 

the radical headline you quote is that faber says he's 100% sure the US will have zimbabwe like hyperinflation.

we have what?  2x the money supply?  but with a XX% drop in avainable credit = essentially hopefully roughly broadly constant net money supply?

Zimbabwe has what?  1000's of times money supply?  10,000's of times?

its not close, this is radically preposterously unreasoanble and a worst case is far, far, far, far, far, far, far closer to 70's era inflation.

lets be serious for 5 seconds sometimes.  CSCO cannot have a market cap of 3 trillion and hyperinflation WILL NOT occur in the US.

 

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#9) On June 17, 2009 at 4:24 AM, checklist34 (99.70) wrote:

on a side note, i love hooters girls and I hate that in this country as you get older and more serious (by "older" in my part of the country i mean >25 and by "more serious" i mean you stop partying until 3am 5 nights a week) you get to date less hooters girls.

someone needs to invent a new category of hooters girls that is more into things not related to big parties with lots of people.  I'll invest in said enterprise, i promise.

now, ahem.  prior to deciding to start a business and make something of myself and, later, deciding to invest some money and join the CAPs game, I had decided to drink heavily and throw alot of parties.  and, unfortunately, wreck an inordinate amount of my own possessions in the process.  but nevermind that, in the process of this I came to know many hooters girls because in my experience theyl ike parties.

1.  hooters girls are often broke as ass.  the olive garden was by far and away a bigger cash cow for its servers than hooters in the town where I saved tip money to start my first biz.

2.  its NOT about anything other than the PERCEPTION OF BEING THE HOT CHICK, thats the attraction, plain and simple.  just like playboy.  this is, of coruse, just in my view, but i think its a pretty good view.  all things on a bell curve, no generalization about peope is ever perfect, but the attraction for working at hooters is to be "a hooters girl", which means "i'm sooo hot", even though thats not necessarily true. 

that is all. 

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#10) On June 17, 2009 at 10:09 AM, mpendragon (56.51) wrote:

Financial institutions working to deleverage their holdings and new regulations establishing higher banking and insurance reserves may help offset some of the inflationary pressures introduced by stimulus spending.

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#11) On June 17, 2009 at 10:16 AM, portefeuille (99.60) wrote:

before I became Top Fool, via abitarePERFECT

you are still "underperform score leader". see comment #2 here.

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#12) On June 17, 2009 at 10:32 AM, mas113m (< 20) wrote:

The problem I have with Hooters Girls is that the company issue bra creates an optical illusion. There are defintiely some kind of truth in advertising rules being broken.

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#13) On June 17, 2009 at 9:13 PM, abitare (35.58) wrote:

ALCON,

Thank you for the comments.

awallejr

Thank you for the repply.

Harold71,

Thank you for answering. Good to here from you again.

Tastylunch ,

I am very much aligned on Farmland. Take a gander at Jim Rogers comments on lewrockwell.com

checklist34,

Timeline. Russia had a decade of deflation, then went inot hyperinflation. I really have no idea.  Hyperinflation creates an oligarcy and will make the US more of plutocracy more then already is. We are having deflation, we can still get hyper-inflation at some point later doen the road, with loss of reserve curecny status or more corruption then we already have.

Great stories, anyways. 

 portefeuille,

Great post thank you for bringing it to my attention, my next post is give you a hat tip.

mas113m

the optical illusion you speak of, is one part of a multiple part equazion.

mpendragon ,

You deserve a reply, but I am out of time tonight. But I do not agree with your point.

 

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