International Forecaster Weekly

Bob Chapman saw it in 2008

Bob was known for his caustic wit, contrarian viewpoints, and clarivoyant foresight of things to come. In 2008, he saw the corruption of what was to come in the markets.

Bob Chapman | November 30, 2013

“The dollar has clearly been abandoned and foreigners are starting to bail from dollar-denominated assets in droves. This is where bailouts, and the hyperinflationary destruction of the dollar that comes with them, are leading us, along with miniscule bond rates caused by continual flights to “security” as everyone flees in terror due to rapidly deteriorating market conditions caused by subprime fallout, over-leveraged speculation, fraudulent lending and borrowing, lack of oversight, transparency and confidence, frozen credit markets, an out-of-control money supply, profligate borrowing and spending, as well as an economy destroyed in less than two decades by globalization, free trade, off-shoring, outsourcing, unrestrained illegal immigration, insane wars for profit and the rampant inflation and unemployment that come from a completely, totally and malevolently mismanaged economy thanks to the reprobates and sociopaths that run the Fed and our government.” Bob Chapman, International Forecaster, 2008.