olaf's globall finaancial website...ehm - [updaated dailly]. | |
| Anonymous Coward User ID: 25266933 10/09/2012 06:48 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 8915967 10/09/2012 06:48 PM Report Abusive Post Report Copyright Violation | From an email today For over two years now, I've been warning that the 2008 Crash was just a warm up and that the REAL Crisis would occur when the stock market realized that the Central Banks, lead by the US Federal Reserve could NOT actually hold the financial system together. Well, the Crisis I've been warning about is here. Below is the chart of the S&P 500 since the day QE 3 was announced. As you can see, stocks are DOWN. Let that sink in for a moment... the US Federal Reserve has announced an unlimited program and stocks have FALLEN. The same is true in Europe where the ECB announced an unlimited bond buying and Europe's most troubled market: the Spanish Ibex has FALLEN. So... we've got both the Fed and the ECB, the two most important Central Banks in the world have announced unlimited money printing programs and the markets are DOWN. Now this doesn't mean that the markets will implode tomorrow or next week... but this is a MAJOR change of events that indicates the next round of the Great Crisis (the worse round) is well on its way. When it hits in full force, we're going to seeing major banks go under, market crashes, food shortages, government shutdowns, and SYSTEMIC FAILURE. Yes, I believe that before this mess ends, the financial system as a whole will have collapsed. What's coming is going to make 2008 look like a joke. Many people will lose everything in this mess. Yes, everything. The US is going to be defaulting on its debt, paper currencies around the world will fail. It's going to be a dark dark time. From Graham Summers |
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| ol*f User ID: 22662230 10/10/2012 04:24 PM Report Abusive Post Report Copyright Violation | From an email today Quoting: Anonymous Coward 8915967 For over two years now, I've been warning that the 2008 Crash was just a warm up and that the REAL Crisis would occur when the stock market realized that the Central Banks, lead by the US Federal Reserve could NOT actually hold the financial system together. Well, the Crisis I've been warning about is here. Below is the chart of the S&P 500 since the day QE 3 was announced. As you can see, stocks are DOWN. Let that sink in for a moment... the US Federal Reserve has announced an unlimited program and stocks have FALLEN. The same is true in Europe where the ECB announced an unlimited bond buying and Europe's most troubled market: the Spanish Ibex has FALLEN. So... we've got both the Fed and the ECB, the two most important Central Banks in the world have announced unlimited money printing programs and the markets are DOWN. Now this doesn't mean that the markets will implode tomorrow or next week... but this is a MAJOR change of events that indicates the next round of the Great Crisis (the worse round) is well on its way. When it hits in full force, we're going to seeing major banks go under, market crashes, food shortages, government shutdowns, and SYSTEMIC FAILURE. Yes, I believe that before this mess ends, the financial system as a whole will have collapsed. What's coming is going to make 2008 look like a joke. Many people will lose everything in this mess. Yes, everything. The US is going to be defaulting on its debt, paper currencies around the world will fail. It's going to be a dark dark time. From Graham Summers Hi friend and thanks for the email you kindly sent to our financial website. It's kinda' coincidental somewhat that you should have sent this information today as I had been thinking all day of writing something in "English English"—if you know what I mean! Well, I reckon the most interesting subject I could write about now—in the light of what was told to us in the email you posted—is this question:- In the case of total financial collapse of both the banking system AND every Western country's respective administrations, what will become of those who are at that precise time paying-off their house loan? I have, in the past, heard two principle theories:- 1. All debts that people have with their banks will be wiped-clean, meaning: all those who have NOT yet paid their home loan will get to keep their property without needing to pay further house payments. or:- 2. The Chinese (or other creditors) will take all our debts and we will then be debtors to the Chinese—possibly paying significantly-higher rates of interest, which, without an economy and without any means to earn a regular income and thus keep up with their payments, would mean MASSES would be forced out of their homes. Anyone with sensible information on this matter that would shed light on such an important issue as this can also post a reply too. Thanks. |
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| Anonymous Coward User ID: 25325992 10/10/2012 05:07 PM Report Abusive Post Report Copyright Violation | Burn me right up now. Just wait till I get dressed into respectable clothing. Quoting: Anonymous Coward 25325488 You may wanna' put sumpin' cool on...just sayin' I have my pimp suit that was passed down from generation. I am ready to go. Burn me up. ![]() I want out of this hellhole. |
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| Anonymous Coward User ID: 25325992 10/10/2012 05:10 PM Report Abusive Post Report Copyright Violation | Burn me right up now. Just wait till I get dressed into respectable clothing. Quoting: Anonymous Coward 25325488 You may wanna' put sumpin' cool on...just sayin' Will you spread me ashes on mount Everest? On the peak, that is where I was conceived. |
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| Anonymous Coward User ID: 25325992 10/10/2012 06:30 PM Report Abusive Post Report Copyright Violation | I have my pimp suit that was passed down from generation. I am ready to go. Burn me up. Quoting: Anonymous Coward 25325992 ![]() hmmmmmn...i;ve been tinkin'...you may wanna' wear sumpin' a little less expensive???!!!... how about dressin' up as a duck?! lol brah, I have to wear my great granddads suit because he won't recognize me if I don't. |
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