As those who follow the economic discussion on this board are well aware we are quickly plunging into GLOBAL ECONOMIC DOOM. Why? Because stevie-girl and The Economist said so!
Now there is one thing that could have saved us. A return to the gold standard as brilliant minds from Ayn Rand to ISIS have realize is the only to prevent governments from printing unlimited amounts of money leading to GLOBAL ECONOMIC COLLAPSE.
The Swiss used to have some brilliant financial minds, but the IRS got to them and it looks like they have finally succumbed to irrationality rejecting a proposal to hold 20% of the country's reserves in gold. Not a full gold standard but at least a start.
With this hurdle out of the way nothing can prevent the Absolute DOOM that stevie-girl and The Economist have forecast.
And now, with countries linking their exchanges to China (to be the epicenter of the DOOM) the collapse will devastate the globe before any human even has time to react (not that they would do anything differently).
I propose that we nominate TUSCL and ALL ECONOMIC DOOM month here on TUSCL. In honor of stevie-girl who tried to warn us.
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last commentMmmmm, Swiss Miss sounds mighty tasty bout now.
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Lol!
The last chance to avoid DOOM and the Swissies just passed on it. I bet their currency collapses tomorrow!
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Is the Pope gonna end up paying the Swiss Guard in communion wafers cause of all of this?
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Swiss policy is like their cheese........full of holes!
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...and DOOMED!
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...because Stevie-girl said so!
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Now the Swiss Franc isn't rally much this morning, but how can it possibly not be crashing at all after such a disaster decision? The Swiss rejecting the one way out of DOOM? It's almost like the markets can't see what a disastrous decision it was!
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