(snippets)
Marc Faber: probably a total collapse in the second half of the year when it becomes clear that the economy is a total disaster.”
Gerald Celente, Trends Research forecaster: It’s going to really be an ugly scene. We are really encouraging people now to take pro-active measures and prepare for the worst. Don’t spend an extra dime.”
Jim Rogers: I am not buying shares anywhere in the world as we speak.”
Finally, we have economist and cyclical analyst Harry Dent Jr., who some may know for having called the real estate Bubble-Boom, and subsequent crash, years before it happened:
The markets are very overstretched here and we think it is very likely that we are seeing a top just above 9,800 on the Dow today.
This is the best intermediate term play we have seen in a long time. Shorting the stock market (for example, ETF symbol SH) could yield 50% to 60%+ gains over the next year with a 5% to 15% downside if the markets keep edging up for awhile, even to extremes.”
LINK HERE
The G-7 Abandons The Dollar
The greenback fell further after the G-7 would not come to the rescue.
FORBES MAGAZINE LINK HERE
ARAB STATES LAUNCH SECRET MOVES WITH CHINA, RUSSIA, FRANCE TO STOP USING DOLLAR FOR OIL TRADING...
LINK HERE
Here's an article that will help people prepare for the coming depression:
ReplyDeleteThe World of Wild Edibles
http://ncoal.com/blog/?p=279
Enjoy,
John
Crash dead ahead???
ReplyDeleteThis was what I heard over a year ago, maybe the crash got lost?
I don't think the SHTF for another 2 years, minimum, fine with me, more time to stock up on stuff
10:31 obviously you must know more than the guys above. The only reason why this scenario has been postponed is due to the massive printing of money that was injected into the stockmarket. Did you or anyone else believe or know that the Federal Gov't and Goldman Sachs were going to create this grand fraud together?
ReplyDeleteThe time for preparing has been the last couple decades. I know a few people that saw this(one world takeover ETC) coming back in the 70s.
ReplyDeleteWe've had years to prepare for what is about to happen. After all this time only now is the hammer about to drop.
I havent felt the first one in my area, big boxes, 100s of bars 100s of niteclubs, 100s of movie premiers, shops,big time shoppers, again, I am ironically hoping for a slowdown ,the brats and so called unemployed cry babys in my area are really annoying with their greed.
ReplyDeleteThe economy is still good in my area as well. Last weekend I was out and about picking up some odds and ends and I was shocked how busy certain stores were. People keep spending and spending and I'm guessing most can't afford what they are buying but this lifestyle has been around for quite some time.
ReplyDeletePeople will freak here soon. I live in the midwest.
exacttly, everyone keeps saying its going to be like the 20s, I thought by this summer it would be crazy with riots etc, nothing where I am, I even thought we'd eventually be like the 90's or 80's with a handful of rich but where I am people are still blowin around with designer everything, and when I travel the us cities, no slow down either, I thought it would be like the 20's NO WAY! not yet.
ReplyDeleteI think that the whole thing is being carefully orchestrated so that the collapse coincides with a number of other events:
ReplyDeleteH1N1 forced mass vacinations
Bank Holiday
Attempted assassination of Obama
all centering around late October early november.
Then again, perhaps something far more sinister and creepy is afoot involving
a nuclear weapon on DC and the sudden
declaration of Martial Law, new capital
in DC, millions of foreign troops invading
via New Orleans and Savannah Georgia.
One never knows do one.
ReplyDeleteARAB STATES LAUNCH SECRET MOVES WITH CHINA, RUSSIA, FRANCE TO STOP USING DOLLAR FOR OIL TRADING...
The economy cannot be tanked right now because there is nothing to blame it on so naturally the blame would fall on our leaders. The elites are not going to allow any blame to be thrust upon themselves, they must be seen as the saviors of men, not the destroyers.
ReplyDeleteOnce something is brought up as 3:10 listed, then the economy will be tanked completely as many articles and economists have talked about.
It's just a matter of timing. The watchmen warns what he sees but sometimes what he sees is many years out. Doesn't make his warnings any less valid.
@3:33
ReplyDeleteHere's the link, could be bad for $
http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html
what happened to spread the wealth? when is that kickin in? bueller? bueller?
ReplyDeleteConverting Petro-Dollars to Petro-Euros is inviting a pretty large scale war---comming to a location near you. Maybe not physically near you, but involving some of your family, friends or aquaintainces whom are in the military. Iran stated this change over last week. Watch out for a few US F-16's to visit them on some pretext. Uncle Samual just can't have them swappin' over to the Euro now can he?
ReplyDelete626no way, that would send chaos to the streets and banks, not gonna happen.
ReplyDeleteCrash..... what Crash? nothing is going to happen. Consumers are spending again and the economy is expanding, have anyone looked at corporate and retail profits recently? they are all beating estimates and posting record profits, one example is Samsung which just posted record profit of 4.3 trillion won compared to 1.48 trillion won a year earlier.
ReplyDeleteCollapse is there is going to be any is not going to happen so soon. If can live for more that a 1000 years then maybe you will see one.
exactly, there may be one , but again, you wont really feel it, I mean 2001 nyc was major, and the economy was unaffected.
ReplyDeletethey will just prop up the economy with fake money, LISTEN THEY ARE STILL GIVING OUT LOANS< ITs NOT HAPPENING< JUST FORGET ABOUT IT.
ReplyDeleteanon 7:21 The only thing expanding is unemployment. Spending is up slightly over the last couple months and it always is in late summer, but it's still way down year over year. Compared to this time last year we are way way down. Look at the year over years numbers, not the stuff the main stream media posts every 5 minutes to try to fool you, as they have obviously done. Some manufacturers post record profits , but most are way way down, more than making up the difference. Evaluate all the numbers and the y/y numbers and you have your answer...the only thing sustaining this is prionted money. When that ends, all this ends.
ReplyDelete737 yeah its not up, big deal,people are still getting LOANS CREDIT ETC. it wont be the 1920s , heck it wont even look like the 1990s relax.i thought it was coming too, not so much anymore.
ReplyDeleteCrash, baby, crash
ReplyDeleteEveryone, print cash*
* Need not be exact replicate, use digital printer.
7:37 & 7:53 Thank you very much, I least some of you are waking up from this all gloom and doom business, nothing is going to happen, there is no collapse, no crisis, many people still living their lives as usual and things are going back to "Business as Usual" for a lot who has been affected. I know a lot of people who in recent weeks were able to find a job and are seeing the light at the end of the tunnel. Things are getting better and even the EA of this blog will tell you it is getting harder and harder to find bad economic news or pessimistic articles to post on the blog.
ReplyDelete8:50 I know your agenda. For your info I have so many economic news articles to post per day that are of the same nature, it would make your head spin. I can fill page after page. Things are getting better? Thats is quite funny
ReplyDeleteDollar wont demise, our leader will create a new war for us. The war will need the Dollar and it will take revenge......
ReplyDeleteCrash baby crash
ReplyDeleteEverybody print cash
Sheeple fight like dummy
Smart sip honey and print money
When its least expected, its all going to fall.There is one bubble no one seems to be talking about, and thats the confidence talk bubble, starting with Bernanke and going all places.Create the illusion that all is well and then pull the rug.Enjoy the ride.
ReplyDeleteMine name is sheeple
ReplyDeleteI attend that funny steeple
With dollars in my eyes
And God on my side
There is only one way
and that is "up"
Time to inject some more
blood into that dead pup
The Freemasons are many
- Yeah, I be freebasin' it with Aunt Ninny
Goin to the drag races
Gonna chug a forty
And splain the dollar crisis
To good ol' uncle Shorty
He's kinda nutty
But nut as crazy as my 'nomics professor
McGilicutty
He doesn't know that Bildeberg designed the dollar
And the Illuminati invented the dog collar
Oh, oh praise Satan... our true father
Max Wolf on RT Obama, beware another economic tsunami
ReplyDeleteUS economy: “living on borrowed time”
http://geraldcelentechannel.blogspot.com
http://www.GeraldCelente.tk
Poetry corner
ReplyDeletewith the brothers
Talking bout bills
with one another
A rat done bit my sister Nell
but whiteys on the moon
literally , on the moon
crackers be printing bills for thrills
and selling crack and pills to little wills
so they don't arise like Strong brothers
to rule over their numibian Queens
with an iron fist and lots of love
sent down from above? NO! Cracker from below!
A spiritual ho, worshipping Satan , a faggot
admitted , crooked teeth from drinking Budweiser, spitting up teeth from old stale crusty Kaiser rolls, Heil the Polls
False democracy, a sight to see, we got fun and games
Do you know where you are? You're NOT in the jungle baby!
Crackah!
Funny that the media is so desperate to make things look great = Dow goes up 136 points and they report that it is SOARING
ReplyDeleteGold hits an all time high today and very little mention of it
I went to the store just to get some coke
ReplyDeletebut all they had was crack
thanks reagan thanks cia
you made it possible for me to be up all day
Question: what do jocks, coke, and money all have in common?
ReplyDeleteAnswer: everything!
You can thank the left wing eco-nut balls for a good share of our demise as a nation. We have sent billions to those that want to kill us( the peace loving muslums ) in order to preserve land that is totally worthless until you extract what is on or under it. We are shipping our (almost worthless dollars) out to buy oil while we are afloat in it. It is ecological suicide for US citizens not the large oil companies. When will we wake up? God help us all
ReplyDelete