Comments by "BrickTop" (@bricktop7803) on "Charlie Mungers Dire Warning About Deflation" video.

  1. It is going to be a catastrophic depression to equal the 1930's. ALL you hear in the media and economic pundits is - its a SOFT LANDING. They always tell you that when there are real problems. It gives the high level investors, billionaires, time to move their assets to a safe place. The MORE they tell you its going to be OK, the worse its going to be. The US financial system MUST fall. It is cyclic BOOM and BUST. There has not been a BUST cycle for a long time. They need this to happen so they can have another BOOM time. What it means for the middle and working class Americans is COMPLETE financial CARNAGE. You think you are well covered and have invested wisely, you are KIDDING yourself. ITs all gone - everything. Wages MUST crash to stifle inflation through mass unemployment. This will cause the property and construction sectors to implode and house prices will lose 70%. This MUST happen - to begin another rebirth, another economic miracle.
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