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OT: Swiss Gold Referendum Fails

Dougster

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.

http://www.cnbc.com/id/102225615

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.