Anybody ever hear of Robert Wiedemer? (Economy-related; he's one of those doom-and-gloom guys)

[AverageJoe90]

http://www.moneynews.com/StreetTalk/aftershock-financial-wiedemer-economy/2011/08/17/id/407695http://www.moneynews.com/StreetTalk/aftershock-financial-wiedemer-economy/2011/08/17/id/407695

Honestly, I'm not buying half the claims this guy is making: 50% unemployment? 100% annual inflation? Really? All this by 2012?

And the fact that Jim Rogers, who appears one of this guy's biggest supporters, claims that “The S&P's recent downgrade didn't go far enough, as Washington probably doesn't even deserve the AA+ rating.", makes me even more jaded against this whole publication.

Things are bad now, that is true, but this is basically fearmongering & hype disguised as research, and the last thing we need is any more of that. You know why? Because that's part of how the crooks in the finance industry thrive......it appears to be nothing more than either B.S., a self-fulfilling prophecy, or both. I didn't need to read any of the book itself to know that something was fishy.

[gateley]

1. Just a guy's opinion -- and his followers. Does the publication

also offer balanced, objective articles, too?

[Warpy]

2. Anybody who's predicting inflation like that has a stake in convincing

panicky morons to sink all their money in gold.

I'll give his advice a miss, thanks. I prefer my doom and gloomers without such a clear cut agenda.