Users Online Now:
2,226
(
Who's On?
)
Visitors Today:
1,370,193
Pageviews Today:
1,967,852
Threads Today:
541
Posts Today:
10,477
04:01 PM
Directory
Adv. Search
Topics
Forum
Back to Forum
Back to Thread
REPLY TO THREAD
Subject
SHOCK! 4th qtr. GDP declines. Welcome to the beginning of the 2nd GREAT DEPRESSION!!!
User Name
Font color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Indigo
Violet
Black
Font:
Default
Verdana
Tahoma
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 25128934:MV8yMTIzODcwXzY0NkQ5M0Y=] http://www.cnbc.com/id/100419252 For those of you consumed by the "booming" stock market, the only thing fueling that is the Fed pumping $40 billion per day into the big banks who then use it to prop up the market and create the illusion that the economy is doing well. That's right, $40 BILLION PER DAY created out of thin air. If they ever stop this, the bubble bursts, the market collapses and the dollar collapses right behind it. Ask yourself "Where is all of this money? The $1 TRILLION stimulus, the $40 BILLION / DAY? Where is it all? The general public isn't holding it, its obviously not flowing through the economy. Who is holding this money? Obama's friends at the big banks and our overseas creditors. That's why the Germans and others are attempting to repatriate their gold reserves. The stock bubble and then the US Dollar bubbles are going to burst and they will make the mortgage crisis feel like an oil massage. We are ruined. [youtube]http://www.youtube.com/watch?v=afLq5dYFWK4[/youtube] [/quote]
Original Message
[
link to www.cnbc.com
]
For those of you consumed by the "booming" stock market, the only thing fueling that is the Fed pumping $40 billion per day into the big banks who then use it to prop up the market and create the illusion that the economy is doing well. That's right, $40 BILLION PER DAY created out of thin air. If they ever stop this, the bubble bursts, the market collapses and the dollar collapses right behind it. Ask yourself "Where is all of this money? The $1 TRILLION stimulus, the $40 BILLION / DAY? Where is it all? The general public isn't holding it, its obviously not flowing through the economy. Who is holding this money? Obama's friends at the big banks and our overseas creditors. That's why the Germans and others are attempting to repatriate their gold reserves. The stock bubble and then the US Dollar bubbles are going to burst and they will make the mortgage crisis feel like an oil massage. We are ruined.
Pictures (click to insert)
General
Politics
Bananas
People
Potentially Offensive
Emotions
Big Round Smilies
Aliens and Space
Friendship & Love
Textual
Doom
Misc Small Smilies
Religion
Love
Random
View All Categories
|
Next Page >>