View Full Version : Economic 911
Antarizhu
03-18-2008, 09:45 PM
Here is a pretty plain spoken interview of Jim Rodgers, he has a grim look on our current situation, yet seems to be based in reality as far as his global understanding.
http://www.liveleak.com/flash/FLVPlayer ... 526embed=1 (http://www.liveleak.com/flash/FLVPlayer.swf?xml=http://www.liveleak.com/play_flash_xml.php%3ftoken=957_1205759929%2526embe d=1)
Antarizhu
03-18-2008, 10:03 PM
This economic crisis has come as no surprise to many of us who have been watching the trends of the past several years if not decades.
The media-misdirection of the sheeple is one of the main deterrents of the truth being applied at one of the most critical times in our Countries evolution as well as stability for all of the worlds markets.
It is fully apparent that this is more than simply a decline from which the Fed can pump more of the fabricated dollars from thin air to correct a dead market.
The biggest lie is that this is all because of the sub prime mortgage fiasco, that is nothing in comparison to the huge bail out of the largest companies on Wall Street. And in curtiously helping the globalists to simply walk out with all of the assets , before we the sheeple are left for dead in a third world country of their own making.
The road we are traveling will ultimately bring change globally, but at what initial cost to human lives and sacrifice?
There is going to be a MASSIVE consumer catastrophe in the very near future and you had better be prepared and ready to defend your preparations for a very long period of time.
Hazelnut
02-01-2010, 08:56 AM
I wonder why this thread received no replies? Is it because it was posted six months ahead of the "bailout" and people just weren't ready to pay attention?
GeneralStriker
02-01-2010, 09:01 AM
i think it's all pretty well plowed in Mur's ongoing econ meltdown thread which is probably the most popular thread on the site.
Hazelnut
02-01-2010, 09:05 AM
i think it's all pretty well plowed in Mur's ongoing econ meltdown thread which is probably the most popular thread on the site.
You're right. I read it everyday. There was a link to related posts below. It just seemed odd that it received no replies. Maybe not odd, but well, something. I didn't realize that there were experts ringing the warning bell six months ahead of time.
GeneralStriker
02-01-2010, 09:11 AM
Six months? Hell, it started in 2001. September 11th to be exact. Binny's aim was to sink the Empire's economic system- and he's doing it pretty well. One more bomb and it's curtains.
anarch
02-01-2010, 09:38 AM
no it started in oct of 07. That was the month and year when shit began to crash. So this thread starter may not of gotten his due attention because it wasn't news to anyone. BY march the stack market was some where around 6000 ...people were shiting bricks.... then things picked up again.... in 09 it topped out again at 10,000 and new we are ready for the next dip in the economic rollor coaster WEEEE
EEEEEEEEEEEE
EEEEEEEEEEEEE
GeneralStriker
02-01-2010, 09:40 AM
hahaha by 2002 it was already old news. where you been?
Hazelnut
02-01-2010, 09:40 AM
Embarrassed. I didn't know. I was too busy struggling to survive. Besides that, I worked with financial advisers from 2001 to 2006 and the "word" wasn't out then.
anarch
02-01-2010, 09:41 AM
I own no stock but I like to watch were the numbers end all the same.
GeneralStriker
02-01-2010, 09:44 AM
The stock market is nothing more than a casino. What initiated the Empire's economic collapse were the endless, exquisitely expensive wars and international adventures brought about by the Binny Boyz. It was all about rope-a-dope. And Dumbya was the perfect dope.
anarch
02-01-2010, 09:47 AM
The stock market is nothing more than a casino. What initiated the Empire's economic collapse were the endless, exquisitely expensive wars and international adventures brought about by the Binny Boyz. It was all about rope-a-dope. And Dumbya was the perfect dope.
.....
You have no idea what your talking about do you? Your just spouting off about last decades propaganda aren't you....
GeneralStriker
02-01-2010, 09:52 AM
Your just spouting off about last decades propaganda aren't you.... I invented it.
Hazelnut
02-01-2010, 09:54 AM
The stock market is nothing more than a casino global monopoly game.
Yay, my first fixt!
GeneralStriker
02-01-2010, 10:02 AM
The Monopoly Game.
Hazelnut
02-01-2010, 10:07 AM
Wow! That is some tiny print. What does it say?
GeneralStriker
02-01-2010, 10:10 AM
the usual bullshit.
GeneralStriker
02-01-2010, 10:19 AM
the original foodfight was here (http://www.realityuncovered.net/forum/viewtopic.php?f=37&t=964&hilit=stock+market+crash).
century
02-01-2010, 12:40 PM
no it started in oct of 07. That was the month and year when shit began to crash. So this thread starter may not of gotten his due attention because it wasn't news to anyone. BY march the stack market was some where around 6000 ...people were shiting bricks.... then things picked up again.... in 09 it topped out again at 10,000 and new we are ready for the next dip in the economic rollor coaster WEEEE
EEEEEEEEEEEE
EEEEEEEEEEEEE
:rolleyes: started in 07 / wasn't news to anyone? your a putz (it wasn't news to your dumb ass) because you were to busy chasing ghost at the rail-road tracks.
Six months? Hell, it started in 2001. September 11th to be exact. Binny's aim was to sink the Empire's economic system- and he's doing it pretty well. One more bomb and it's curtains.
This is true to an extent....but I first began to notice something was wrong in the fall of 2006....Big Firms such as Bear Stearns started enforcing buy-back agreements with mid-sized mortgage banks...effectively bankrupting them.
This started a domino effect...a tightening of underwriting standards. Many of us in the mortgage business were aware a of the bubble in Real Estate values. We also knew that some loans that were done in the past were not going to get done going forward.
What we did not know was the extent of the leverage, or the extent that "bets" were made on the loans performance....far outweighing the amounts of the original loans.
I originally started this blog on OMF in December 2007 when it was clear to me the house of cards was going to collapse. Many people saw this coming, I certainly was not the only one.
But even then, I had no clue the situation was as severe as it has become.
Even today, I don't think many understand what went wrong. It wasn't one thing in particular, but a series of failures.
But, the Federal Reserve had to know what was happening....even as Bernanke claimed the "subprime contagion" was contained.
At that point he was doing damage control...propping up a ponzi scheme to maintain confidence in the system. That eventually failed....and voila...bailouts.
Greenspan..."the Maesto" , "Helicopter Ben" and the Federal reserve were extremely arrogant and destructive with their tinkering with monetarty policy over the last 10-15 years.
They created the position we are in now, and the result should be to end the Fed.
It appears that the banking lobby is just too powerful though.