Sunday, June 5, 2011

The Greatest Depression Has Only Begun

The greatest depression in human history is still in its starting stages. What the media and many officials often refer to as the "hangover" from the global financial crisis is in fact the end of the beginning. Originating in 2008, the global economic crisis took the world by storm: banks collapsed, the "too big to fail" became bigger by consolidating the rest, governments bailed out their financial industries, masses of people lost their jobs, the 'developing' world was plunged into a deep systemic crisis, food prices rose, which in time spurred social unrest; and the Western nations that took on the bad debts of the big banks are on the precipice of a great global debt crisis, originating in Europe, hitting Greece and Spain, but destined to consume the industrialized world itself. Though many claim that we are in a "recovery," things could not be further from the truth.

As the mainstream media is finally catching on to the reality of the mirage of the so-called "recovery", reports are surfacing about a dire global economic situation:

"Evidence of a deterioration of global manufacturing growth and renewed weakness in job creation in the United States emerged Wednesday, two reversals that have markets bracing for an economic pause, or worse... Add to that a daunting list of aggravating factors: the continued implosion of the U.S. housing market, an outbreak of worldwide risk aversion, high crude-oil and gas prices pinching consumer demand, further tightening in China and other emerging-market economies, stock market losses, lack of credit growth, the looming end to the Fed’s monetary stimulus, weak business capital spending, and the still-unfolding sovereign debt crisis in Europe."

5 comments:

  1. It is really statring to come unwound and I think even those people who have been living in a cave are starting to realize that this is the
    big one and it's here

    ReplyDelete
  2. Fukashima and other nuclear reactors in Japan.

    Is the situation already out of control in Japan ?
    could there be more explosions ?
    What is really going on?
    Are the Japanese people being lied to ?

    America with its nuclear surveillance capabilities and “defence” alliance with Japan
    has the full inside knowledge of the actual situation and may be lying to Americans too

    I am no expert on this complicated situation but it seems to me the simple way to roughly understand any cover up is the studies of the existing current different types of radiation levels .

    Why are more or less constant radiation levels of iodine –131 that have a half life of only days still being recorded at high levels if it is all over now?

    “Conspiracy theorists” like myself want to know!

    See
    Are Nuclear Reactions Still Occurring at Fukushima?
    Quote
    “You know that Fukushima reactors 1, 2 and 3 all melted down within hours of the Japanese earthquake.
    You also know that at least some of the subsequent explosions could have been caused by small-scale nuclear reactions called "prompt moderated criticalities".
    But you might not know that nuclear reactions may still be ongoing.
    Specifically, it is well-known by nuclear scientists that the ratio of iodine 131 to cesium 137 tells a lot about when nuclear reactions have stopped. For example, on May 2nd, University of Tokyo physics professor Tetsuo Matsui published a scientific paper with the following summary:


    “Nuclear reactors produce radioactive by-products that decay at different rates. One common by-product is iodine-131 which has a half life of about 8 days while another is cesium-137 with a half life of about 30 years.
    When a reactor switches off, the iodine decays more quickly so the ratio between these two isotopes changes rapidly over a period of days. That's why measuring this ratio is a good way to work out when the nuclear reactions terminated.
    There are some complicating factors, however. The most important of these is that the ratio of iodine-131 and cesium-137 to start with depends on how long the reactor has been operating and so is not constant.
    ***
    Today, Tetsuo Matsui at the University of Tokyo, says the limited data from Fukushima indicates that nuclear chain reactions must have reignited at Fuksuhima up to 12 days after the accident.
    Matsui says the evidence comes from measurements of the ratio of cesium-137 and iodine-131 at several points around the facility and in the seawater nearby. He has calculated what the starting ratio must have been by assuming the reactors had been operating for between 7 and 12 months.
    more @

    http://www.washingtonsblog.com/2011/06/are-nuclear-reactions-still-occuring-at.html

    ReplyDelete
  3. The economic situation is getting very exciting and interesting each and every day.
    If you love horror movies and thrillers like i do then this coming economic collapse should have some hellish bang for your bucks.
    Many are praying that it will not happen, Some are saying do not rain on my parade.
    But then there "US" the similar minds that love excitement and want to see things change.
    Why you ask? Because life the way it is is not satisfying. We get up go to work come home eat Sh$#T and go to sleep and repeat this over and over again except for 2 or 3 weeks a year called vacation.
    Come on people that's no way to live!
    Let the excitement begin!!!!!

    Yeah!

    ReplyDelete
  4. Hellonwheels,,, I agree 100%

    I don't want to live the rest of my life like this just working and barely getting by. I have been working the same job for 17 years and I don't see myself ever getting enough savings to retire.

    But I am a prepper, and if TSHTF, I will all the sudden be way ahead of the NEW game.

    ReplyDelete
  5. It all boils down to lying. The banks lie about how much money they actually have. Fukushima lies about the nuclear crisis. And the politicians lie to protect themselves and their corporate masters.

    I hope readers have been stocking up on supplies. You're going to need them.

    ReplyDelete

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