Bob Chapman warns about hyperinflation

Bob Chapman on The Sovereign Economist 18 Aug 2010

Bob Chapman the International Forecaster :"Twenty countries are headed into bankruptcy and more will follow. That brings up the subject of state debt in the US. America has been in an inflationary depression for 18 months. States have been cutting back for two years, but the budget gaps are still there. The struggle continues as states continue layoffs and cuts. 2011 will be a terrible year and 80% of states expect deficits of more than $200 billion. 2012 looks even worse." extract from the latest issue of the International forecaster


Mr. Robert Chapman also known as The International       Forecaster  is a 74 years old. He was born in Boston, MA and attended       Northeastern  University majoring in business management. He spent    three    years in  the U. S. Army Counterintelligence, mostly in Europe.    He   speaks  German  and French and is conversant in Spanish. He  lived   in   Europe for  six  years, off and on, three years in Africa, a  year   in   Canada and a  year  in the Bahamas.

Mr.  Chapman became a stockbroker in   1960    and  retired in 1988. For 18 of  those years he owned his own     brokerage  firm.  He was probably the  largest gold and silver     stockbroker in the  world  during that period.  When he retired he had     over 6,000 clients.
Bob  Chapman : you got to remove  these  people from   the    government
Starting  in 1967   Mr. Chapman began    writing  articles on business, finance,  economics  and  politics having    been  printed and reprinted over the  years in over  200  publications.    He owned  and wrote the Gary Allen  Report, which had   30,000    subscribers. He  currently is owner and  editor of The   International    Forecaster, a  compendium of  information on business,   finance,    economics and social and   political issues worldwide, which   reaches    10,000 investors and  brokers  monthly directly, and parts of his      publication are picked  up by 60  different websites weekly exposing    his   ideas to over 10  million  investors a week.