3/1 CNN Your Money: Talks of Great Depression Coming
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Get ready for the price of gold to soar after this type of story in mainstream! John Williams discusses a coming financial depression. Many financial experts outside of mainstream has spoken about an economic collapse for years; such as Bob Chapman from http://theinternationalforecaster.com/The percentage of elected officials saying their community has experienced the following over the past year:\n\nIncrease in foreclosures: 62%\nIncrease in need for temporary assistance: 53%\nDecrease in city revenue: 33%\nIncrease in abandoned/vacant properties: 33%\nIncrease in homelessness: 22%\n\nSource: National League of Cities\' Insta-Poll of 1,240 local officials, based on 211 responses\n\nIt will only get worse, but they\'ve already have a plan for you. You\'ll be introduced to a regional currency \'Amero\' then eventually a global currency. Hey, I\'m not a prophet, I just read what they speak of. Sadly, many of you will fall to the deception because of your coming economic demise. Unfortunately, It shouldn\'t have come to this, but many of you are slaves to group blaming. (Republican vs. democrat, conservative vs. liberal, etc)\n\n\nThe End of National Currency\nhttp://www.foreignaffairs.org/20070501faessay86308-p0/benn-steil/the-end-of-national-currency.html\n\nWashington Post: time to ditch the dollar for new currency\nhttp://www.washingtonpost.com/wp-dyn...d=opinionsbox1\n\nThe CFR, Robert Pastor and the NAU\nhttp://www.informationliberation.com/?id=22156\n\nProblem, reaction then solution.\n\n\"Being ahead of the masses in your observations of economic trends is no way to win a popularity contest. If you\'re 30 days ahead of the masses, you\'re considered a genius; but if you\'re two years ahead, you\'re considered insane. It makes me wonder about the experiences of historical geniuses like Nikola Tesla, since they were at least a hundred years ahead in their understanding of science.\" -Mike Adams\n\nPlease explore these articles:\n\nFDIC Girds For Bank Failures&The FDIC Will Seek to Rehire 25 of It\'s Own Retired Members, Many of Whom Specialized in Bank Closings.http://www.thestreet.com/print/story/10405078.htmlhttp://www.investmentnews.com/apps/pbcs.dll/article?AID=/20080226/REG/802566081Wall Street Bank Run\nhttp://www.washingtonpost.com/wp-dyn/content/article/2008/02/20/AR2008022002270.html\n\nUS Properties Plunge Into Negative Equity Than At Any Time Since The Great Depression Of The 30\'s http://www.guardian.co.uk/business/2008/feb/24/useconomy.property\n\nU.S. Credit Markets Collapsing!\nhttp://hosted.ap.org/dynamic/stories/E/ECONOMY?SITE=RIPAW&SECTION=HOME&TEMPLATE=DEFAULTAmerica\'s Economy Risks the Mother of All Meltdowns \nhttp://news.yahoo.com/s/ft/20080219/bs_ft/fto021920081334359078;_ylt=AozoX8V3CwKFRV6c_RfR1f0E1vAI\n\nU.S. Mortgage Crisis Spreads Past Subprime Loans! \nhttp://www.iht.com/articles/2008/02/12/business/12credit.php\n\nDozens of U.S. Banks Will Fail by2010\nhttp://www.canada.com/ottawacitizen/news/business/story.html?id=db0041ae-fa25-43a2-b472-f8fbb851a367&k=53982Wealthy Investor Jim Rogers Warns About Economy, \'It\'s Going To Be Much Worse\' \nhttp://money.cnn.com/2008/01/30/news/international/okeefe_rogers.fortune/index.htm?postversion=2008013103\n\nCrisis may make 1929 look a \'walk in the park\'\nhttp://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/12/23/cccrisis123.xml\n\nWorld Economic Situation Serious - IMF\nhttp://news.smh.com.au/world-economic-situation-serious--imf/20080122-1nb5.html\n\nFull global impact phase of the Very Great US Depression\nhttp://www.leap2020.eu/GEAB-N-21-is-available!-2008-Full-global-impact-phase-of-the-Very-Great-US-Depression_a1195.html?PHPSESSID=19b48b7e8afe63571c0428c0d77c311e\"If a nation values anything more than freedom, it will lose its freedom; and the irony of it is that if it is comfort or money that it values more, it will lose that too.\" -Somerset Maugham\n\nDerivatives the new \'ticking bomb\'\nhttp://www.marketwatch.com/news/story/derivatives-new-ticking-time-bomb/story.aspx?guid=%7bB9E54A5D-4796-4D0D-AC9E-D9124B59D436%7d&print=true&dist=printTop cnn, crisis, depression, economy, federal, financial, gold, housing, markets, money, news, paul, reserve, ron, stocks, subprime |
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