Episode 48 • • 23:08 - 25:48
48: How to Survive the Economic Collapse
Election Postponement Theory, Oil Prices, and Short Selling Expiration
A prediction is made that the expiration of short selling restrictions on October 2nd will lead to a market collapse so severe that the 2008 elections will be postponed. While one participant foresees a total breakdown of the real economy, the other remains skeptical of such an unprecedented event. Oil price predictions are also revisited, with a new target of $60 per barrel.