Does Tony Robbins know what he's talking about?

14 years ago

Perhaps, um, a large precious metals 'product' launch on the way?

On a more serious note, 'boom and bust'. There's been the mother of all housing (credit) booms in US, UK and some other countries... and (imo) it will take years for the associated bust to unravel the debts incurred there. And much pain too.

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HeySal

14 years ago

Doesn't matter if he knows or not - millions of his followers think he does.

I don't think we'll get straight until we ditch the FED. Business cycles would not be the same if we were on metal instead of paper.

Don't expect anyone in either the corporate or gov funded press to tell you the truth about anything......find your media sources elsewhere. There are a lot of economists with proven track records out there that say it's still crashing -- the media just doesn't report them.

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Sal
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rondo

14 years ago

ZeroHedge has some great articles on the state of the economic situation.

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oneplusone

14 years ago

He is just giving his opinion, based on the conversations he has had.

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seasoned

14 years ago

Frankly, I think usually tony robbins is not all that great, and the ideas aren't original. In THIS case, I think he IS right!

1. More foreign workers than EVER before! Apparently that trend is in MANY developed nations!
2. Supposedly THE worst home market in all of recorded history! REMEMBER, the market was artificially inflated for almost a YEAR or so.
3. More foreign manufacture than ever before! Apparently this trend is in MANY developed countries.
4. More foreign investment than ever before and the largest investor in the US, CHINA, is PULLING OUT!
5. More bankrupt states than ever before.
6. They are talking about lowering the rating of US debt.
7. The stock market isn't really doing that well, and is ARTIFICIALLY INFLATED!
8. The bond market is ARTIFICIALLY INFLATED!
9. More EXPENSES than ever before!
10. A higher deficit(Real and budget) than ever before!

And REGARDLESS of how you feel about anyone involved, the average analog clock is STILL right twice a day.

ICSM...

Steve

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garyv

14 years ago

I think that Tony Robbins is accurate on his assessment of the economy. However, why would you give out such advice to people? Our businesses run on funding, and a majority of that funding comes from the stock market.

He's basically telling the people that the car's about to run out of gas... so stop putting your gas into it. We're headed for certain failure if everyone takes his advice. However, I'm with Mark up there. I think that he's setting himself up for some future endeavors. Otherwise why would you give out such advice on a national scale? I can see telling friends and family, but why everyone? Especially if you have counsel w/ the top financial advisers as he says he does? They would know that this type of advice if widely followed would guarantee economic failure for this country. - Plus isn't it funny that this is put out right after his failed attempt at a national TV show? Makes you wonder.

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TLTheLiberator

14 years ago

Originally Posted by The 13th Warrior

Tony Robbins Warns Economic Collapse Is Coming

He says he talks to the smartest financial folks in the world.

But why does the so-called "informed by the best" dude and other "expert" pundits FAIL to ever mention how outsourcing , trade deficits and other things have crushed the ecomomy?

Outsourcing gets very little mention, usually as a very small anecdote.

You can't own property or open up a business in say, a place like China or Mexico..., in China, you have to be a minority partner and your major partner have to be a citizen of said country.

Yet, it seems EVERYTHING is for sale in the U.S., to anyone.

Why are we giving tax breaks and corporate tax savings benefits to companies that outsource jobs and investment?

They should penalize them somewhere between corporate and wage earner.

The percentage of WHERE their jobs and investment capital is should be used as to how to penalize them.

Corporations who outsource should be rewarded for what?

Of course, this will NEVER happen since corporations have lobbyist who legally bribes EVERY politician, thats simply the game.

And us stupid people even vote these LOBBYIST into public office, as though they have severed their ties and interest with their former cash cow.

Both parties simply "play" on us Good Cop-Bad Cop.

Perhaps if we are this gullible, maybe we deserve a never ending depression.

Funny how when you invest in human beings with sincerity , how much return one gets vs trying to "squeeze another nickel out of a dry rock" strategy corporations, politics and businesses usually have as their Trump card just crying to get out.

Since we can never agree on who or what ,and even more, never act on the real enemy, at the source of most things, soberly looking at cause and effect , unselfishly as it affects the entire world, more confusion and shooting at shadows seem imminent.

The 13th Warrior

Why are we giving tax breaks and corporate tax savings benefits to companies that outsource jobs and investment?

They should penalize them somewhere between corporate and wage earner.

The percentage of WHERE their jobs and investment capital is should be used as to how to penalize them.

Corporations who outsource should be rewarded for what?

Of course, this will NEVER happen since corporations have lobbyist who legally bribes EVERY politician, that's simply the game.

FYI...

This recent bill closed that loophole.

House Clears $26.1 Billion State-Aid Package: 08-10-10

The bill is paid for by closing a loophole that allows U.S. companies to get a tax break for moving jobs offshore.

You can read the story here...

House Clears $26.1 Billion State-Aid Package

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seasoned

14 years ago

Originally Posted by TLTheLiberator

FYI...

This recent bill closed that loophole.

House Clears $26.1 Billion State-Aid Package: 08-10-10

The bill is paid for by closing a loophole that allows U.S. companies to get a tax break for moving jobs offshore.

You can read the story here...

House Clears $26.1 Billion State-Aid Package

TL,

You and I read garyvs statement a different way! I think MY interpretation is the ONLY one that makes sense, and what he meant....

I read it as...

THEY SHOULD BE PENALIZED, based on The percentage of WHERE their jobs and investment capital is.

They get a LOT of subsidies, and foreign employees do ALSO! A reduction in tax savings doesn't come CLOSE to penalizing them!

Steve

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TLTheLiberator

14 years ago

Originally Posted by seasoned

TL,

You and I read garyvs statement a different way! I think MY interpretation is the ONLY one that makes sense, and what he meant....

I read it as...

THEY SHOULD BE PENALIZED, based on The percentage of WHERE their jobs and investment capital is.

They get a LOT of subsidies, and foreign employees do ALSO! A reduction in tax savings doesn't come CLOSE to penalizing them!

Steve

I was responding to 13th's post about us giving tax breaks that help companies outsource.

All I reported on was that the loophole was closed in a recent bill.

TL

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garyv

14 years ago

Just an FYI - (I hate going off topic) but the tax breaks are a very very minuscule reason as to why jobs are moving over seas. Our jobs have steadily been going over seas since NAFTA and the Free Trade Agreement were passed in the 90's. Our economy has only been kept afloat since then because of 2 very large bubbles, and they both have since popped. The first was the Internet bubble - and then most recently the Housing bubble. Right now our economy is a giant house of cards - and there seems to be a heavy wind on the way.

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TLTheLiberator

14 years ago

Originally Posted by garyv

Just an FYI - (I hate going off topic) but the tax breaks are a very very minuscule reason as to why jobs are moving over seas. Our jobs have steadily been going over seas since NAFTA and the Free Trade Agreement were passed in the 90's. Our economy has only been kept afloat since then because of 2 very large bubbles, and they both have since popped. The first was the Internet bubble - and then most recently the Housing bubble. Right now our economy is a giant house of cards - and there seems to be a heavy wind on the way.

True!

Helping companies outsource with tax breaks was a small part of the outflow of jobs.

Not sure about the internet bubble causing that much trouble.

All The Best!!

TL

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garyv

14 years ago

Originally Posted by TLTheLiberator

True!

Helping companies outsource with tax breaks was a small part of the outflow of jobs.

Not sure about the internet bubble causing that much trouble.

All The Best!!

TL

That's true, the internet bubble by itself probably wouldn't have caused much of a problem. But most say that the money that was pulled out of there was put directly into what was to become the housing bubble.

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garyv

14 years ago

I was just saying that tax incentives are not what caused this, and getting rid of them will not be what fixes it. As long as we have a free trade agreement with Countries that do not have the same labor laws that we do, then the playing field will never be level. Manufacturing will never come back to this Country so long as you can get labor cheaper than minimum wage elsewhere.

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Fernando Veloso

14 years ago

Saw that video a couple weeks ago, and frankly, I believe what he says.

The market (worldwide) is falling into pieces.

Spain, Uk, Greece... Ireland... this is a domino effect.

WHAT I don't understand is why Tony did this public video. 2 Choices here:

1 - He knows something REALLY wrong is going to happen.
2 - He stressed with *some* information and decided to do this video to show he's a cool guy with inside info (which is NOT his style and he does NOT need to do anything to prove him right).

So option 1 is the most certain.

A little offtopic: with so much weird stuff going on lately with our sun, and so many advices on how the sun can send a blast and send us back 100 years (no technology)... maybe we misunderstood Tony's words.

We'll see.

Personally, I'm a sea man: prepare before you sail.

And I am ready.

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sarahberra

14 years ago

I think the gov already sold us out to China. They own a lot of our national parks and other resources. I think they are all just sitting on it though. One day we could be kicked out of our own country. This is scary stuff.

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TLTheLiberator

14 years ago

Originally Posted by sarahberra

I think the gov already sold us out to China. They own a lot of our national parks and other resources. I think they are all just sitting on it though. One day we could be kicked out of our own country. This is scary stuff.

They own our national parks?????

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HeySal

14 years ago

Originally Posted by TLTheLiberator

They own our national parks?????

Bush sold a LOT of public lands to them, and to corporations. As far as I'm concerned, it wasn't the gov's to sell - it belonged to the people, so basically China owns stolen land, but they own it unless there is some way to get it back from them.

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TLTheLiberator

14 years ago

Originally Posted by HeySal

Bush sold a LOT of public lands to them, and to corporations. As far as I'm concerned, it wasn't the gov's to sell - it belonged to the people, so basically China owns stolen land, but they own it unless there is some way to get it back from them.

I've spent at least 10 minutes looking for some type of info on China actually owning US national parkland and can't find anything credible.

Please help.

TL

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The 13th Warrior 14 years ago

Let's see...,

BP overtly, continuously, purposefully cut safety standards, kills people, should be murder or at least 1st degree manslaughter...,

Coal Mining company, overtly, continuously, purposefully cut safety standards, kills people, should be murder or at least 1st degree manslaughter...,

The person(s) of said government agencies should be prosecuted as at least, accomplice to murder/1st degree manslaughter, KNOWINGLY allowed safety standards to be cut and not enforcing them.

So if corporate executives and their political accomplices cannot even be put in prison for killing people, how in the hell are you going to enforce economic integrity of any kind?

BUT let you drive drunk and kill someone or a mother leave her kid in an car, for whatever reason, in 110 degree heat and see what happens.

Leona Helmsley said taxes are for little people.

I guess laws are only enforced on "little people" as well.

The 13th Warrior
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KimW

14 years ago

Originally Posted by sarahberra

I think the gov already sold us out to China. They own a lot of our national parks and other resources. I think they are all just sitting on it though. One day we could be kicked out of our own country. This is scary stuff.

Originally Posted by TLTheLiberator

They own our national parks?????

Originally Posted by HeySal

Bush sold a LOT of public lands to them, and to corporations. As far as I'm concerned, it wasn't the gov's to sell - it belonged to the people, so basically China owns stolen land, but they own it unless there is some way to get it back from them.

Originally Posted by TLTheLiberator

I've spent at least 10 minutes looking for some type of info on China actually owning US national parkland and can't find anything credible.

Please help.

TL

I too would like some hard information on this. I can promise if I get some my elected represetatives will have correspondences from me on Monday.

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digidoodles

14 years ago

Where's all those "good friends of Tony Robbins" that sent out all those JV emails that flooded my inbox a few months ago...

Such "friends" should know what's up, right?

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