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Collapse of U.S. Economy Imminent
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Wul
User ID: 39
1/21/2006 5:35 AM
Report abusive post | Collapse of U.S. Economy Imminent
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[link to bellaciao.org]
In its attempt to establish a world empire dominating every nation on the planet, the U.S. has exhausted its ability to finance the expansion and the country now faces imminent financial collapse. From all indications, it looks like 2006 will spell the end for America.
Consider these five important points:
-Point #1 The U.S., Great Britain and Israel are preparing to attack Iran. As it appears the main reason for invading Iraq was to stop it from selling oil in Euros, likewise Iran has plans to dump the dollar come March 2006.
-Point #2 U.S. Treasury Secretary John Snow issued a warning recently that the U.S. Government is on the verge of collapse - as the statutory debt limit imposed by Congress of $8.184 trillion dollars would be reached in mid-February - the government would then be unable to continue its normal operations. Considering the current total U.S. debt stands at $8.162 trillion dollars, once the official debt ceiling ($8.184 trillion) is reached, the U.S. government’s credit abroad (its borrowing power) is gone. Those countries (mainly China) who presently keep America afloat by holding U.S. Treasury Notes, will most likely no longer continue doing so.
-Point #3 Bank Of America and Compass Bank managers (probably all other U.S. banks too) have been instructing their employees in the last few weeks on how to respond to customer demands in the event of a collapse of the U.S. economy - specifically telling the employees that only agents from the Department Of Homeland Security will have authority to decide what belongings customers may have from their safe deposit boxes - and that precious metals and other valuables will not be released to U.S. citizens. The bank employees have been strictly prohibited from revealing the banks’ new "guidelines" to anyone. (however, employees have been talking to friends and family)
The next time you visit your bank, ask them about it - then ask yourself, why is this information being kept secret from customers and the public - what’s really going on?
-Point #4 FEMA has activated and is currently staffing its vast network of empty internment camps with armed military personnel - unknown to most Americans, these large federal facilities are strategically positioned across the U.S. landscape to "manage" the population in the event of a "terrorist" attack, a civilian uprising, large-scale dissent ,or an insurrection against the government. Some of these razor-wired facilities have the capacity of detaining a million people.
-Point #5 The Patriot Act and the US Senate’s vote to ban habeas corpus (Nov 14th) - along with George W. Bush having signed executive orders giving him sole authority to impose martial law, suspend habeas corpus and ignore the Posse Comitatus Act, have together pretty much destroyed any notions of freedom and justice for Americans.
-Summary: The U.S. economy is broken, the United States is bankrupt - the unchecked spending by this administration, the illegally waged wars against Afghanistan and Iraq, the cost of unprecedented weapons and military build-up - have all contributed to an irreversible emergency which is threatening our nation’s existence and our very lives.
Hospitals are closing, major corporations are declaring bankruptcy and/or moving their companies overseas, the monopolized news media spews nothing but lies, and our fearless leaders have turned out to be only ruthless criminals hell-bent on destabilizing our country and robbing us all.
Be aware - we stand at the threshold of total ruin - the international bankers and war profiteers care little for our lives and families - these demons worship money and all things vile and evil - they have very much to gain from war, misery, disease, famine, chaos and death (our deaths).
We are right on the edge - the Treasury is already overextended - the U.S. government cannot (and will not) care for its own citizens’ needs, nor secure our borders against illegal aliens - plus, the whole "terrorist" thing is a cruel hoax perpetrated against a trusting citizenry - and only designed to instill fear and garner support for the genocide taking place in Iraq.
Should America (along with British & Israeli forces) launch a war against Iran, or another country, without yet paying for, or even recovering from the current losses in Iraq and elsewhere - the costs of such of an invasion will overwhelm an already crippled economy and push the U.S. over the edge into oblivion.
-Question: Considering the U.S. Treasury Notes that China currently holds (which keeps the U.S. economy going)...
Do you think China will continue to support a country’s economy (the U.S.) whose military launches a nuclear strike against its neighbor (Iran) - thus delivering a blanket of radioactive fallout over western Chinese provinces - killing hundreds of thousands, if not millions of its citizens?
I think not.
Factoring in the aforementioned points of "preparation" engineered by U.S. authorities, I’d say there’s a stinking rat in the woodpile ...can you smell it too? |
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A sCot
User ID: 65120
1/21/2006 5:42 AM | | Re: Collapse of U.S. Economy Imminent | Quote |
Morning Wul ....
I was talking to a friend yesterday who stated that he believed that the US would be gripped by civil war before the end of the year. Seems that this situation may go some way towards that being a reality.
You can't be big kid on the block forever eh? |
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Harry Balzac
User ID: 155
1/21/2006 5:48 AM | | Re: Collapse of U.S. Economy Imminent | Quote |
Siezure of safety deposit boxes, Hmmm, Great idea, so much hidden wealth there, and so little sympathy from the public for rich people who lose their jewelry...
Just sitting here, sipping coffee, wondering when the rest of the country is going to
WAKE UP!
(Good Morning Wul, cream or sugar?) |
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Anonymous Coward
User ID: 65122
1/21/2006 5:49 AM | | Re: Collapse of U.S. Economy Imminent | Quote |
- Collapse of U.S. Economy Imminent -
Hasn't this been a staple of the  diet for months now. |
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Anonymous Coward
User ID: 155
1/21/2006 5:57 AM | | Re: Collapse of U.S. Economy Imminent | Quote |
And the biggest thing they don't want us to see comming. |
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Wul
User ID: 39
1/21/2006 5:57 AM
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Morning all!
I like my coffee strong and black!
The signs are bad for many countries, not just the USA.
An attack on Iran will stall most economies and create social upheaval. |
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Ice
User ID: 5925
1/21/2006 6:00 AM
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Wul
I never agree with you but I agree with you on this!
not good
Ice
You have until 2016 to get your Act together! Be Wise! |
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nth
User ID: 30198
1/21/2006 6:03 AM | | Re: Collapse of U.S. Economy Imminent | Quote |
morning wul -thanks for the informative post!! i have been expecting a collapse of the u.s. and world economy for some time now-not because i am a woo-woo or a doomer-just from a very simple reading of the facts of how the whole insane ponzi scheme is kept afloat-actually getting very scared now-can't imagine the suffering heading our way!!  |
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Anonymous Coward
User ID: 65110
1/21/2006 6:06 AM | | Re: Collapse of U.S. Economy Imminent | Quote |
All the things that titor and bloke said are coming true, only a year later than predicted. |
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Anonymous Coward
User ID: 61367
1/21/2006 6:11 AM | | Re: Collapse of U.S. Economy Imminent | Quote |
WHAT A CROCK OF BULLSHIT!!!
>> -Point #3 Bank Of America and Compass Bank managers (probably all other U.S. banks too) have been instructing their employees in the last few weeks on how to respond to customer demands in the event of a collapse of the U.S. economy - specifically telling the employees that only agents from the Department Of Homeland Security will have authority to decide what belongings customers may have from their safe deposit boxes - and that precious metals and other valuables will not be released to U.S. citizens. The bank employees have been strictly prohibited from revealing the banks’ new "guidelines" to anyone. (however, employees have been talking to friends and family) <<
DID I SAY, WHAT A CROCK OF BULLSHIT!!!
any idiot that believes these lies deserves what you say is coming.
a paradox for the idiots i suppose. |
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Anonymous Coward
User ID: 65110
1/21/2006 6:12 AM | | Re: Collapse of U.S. Economy Imminent | Quote |
HAve proof of your accusations of a bullshit post? Or are you here to simply be a prick? |
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Anonymous Coward
User ID: 65124
1/21/2006 6:15 AM | | Re: Collapse of U.S. Economy Imminent | Quote |
This whole collapse of the economy thing is the exactly like the "internetmania" that happened a few years ago, IMHO. Everyone knows that the bubble will break but no one knows when for sure. I had a finance instructor in college who said that he had bet his entire retirement savings on the S&P falling by such and such a date, he was off by about six months if I remember. It's really hard to pick dates. |
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Wul
User ID: 39
1/21/2006 6:16 AM
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61367 and 65110 open your eyes.... |
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Anonymous Coward
User ID: 64832
1/21/2006 6:19 AM | | Re: Collapse of U.S. Economy Imminent | Quote |
If true, then who will continue to finance Israel? |
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Anonymous Coward
User ID: 65110
1/21/2006 6:30 AM | | Re: Collapse of U.S. Economy Imminent | Quote |
Don't bring me into it- I was talking to the same person and I'm in agreeance we're screwed from the things OP said. |
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Anonymous Coward
User ID: 65110
1/21/2006 6:30 AM | | Re: Collapse of U.S. Economy Imminent | Quote |
hehe..
From the things you said! : p |
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Anonymous Coward
User ID: 61367
1/21/2006 6:33 AM | | Re: Collapse of U.S. Economy Imminent | Quote |
yes, i am here only to be a prick.
some people need a prick in order to wake up and pull their head out of their asses!
hmmm... i'm sure that my friends in the banking business would run and hide without telling me about this homeland security policy. don't you think they would want a cut of my precious metals before they busted out of town?
my eyes are wide open, the us economy may collapse but point #3 is pure bullshit.
fear mongers have stink on their fingers, or shit stuck in their eyes. |
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Anonymous Coward
User ID: 64836
1/21/2006 6:39 AM | | Re: Collapse of U.S. Economy Imminent | Quote |
I have been hearing that the collapse of the US/World economy was just around the bend since WWII
You kiddies make me laugh |
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Wul
User ID: 39
1/21/2006 6:43 AM
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So you think all is peachy?
Or do you believe all the msm states without question?
I read many sources and while partly my OP may be speculation on the authors part it is none the less informed speculation.
Time will tell if I am releasing hot air....or not? |
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ScienceOnly
User ID: 63799
1/21/2006 6:44 AM | | Re: Collapse of U.S. Economy Imminent | Quote |
Wul,
Great post!
It is good to know some people are not asleep, but keenly tuned into what is going on around them, and around the globe.
I would appreciate it if you could substantiate your statement about the banks/safety deposit boxes.
I would imagine that the neo-cons will make a last-ditch effort to avoid the enivedable...we'll see soon enough.
peace |
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Wul
User ID: 39
1/21/2006 6:50 AM
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ScienceOnly
"I would appreciate it if you could substantiate your statement about the banks/safety deposit boxes."
Sorry, I am only the bringer of news and not on the American continent so some or all of the article may be supossition or downright fallacious...but i doubt it! |
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Anonymous Coward
User ID: 64836
1/21/2006 6:51 AM | | Re: Collapse of U.S. Economy Imminent | Quote |
thankyou for admitting that you made it all up |
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ACDC
User ID: 60081
1/21/2006 6:52 AM | | Re: Collapse of U.S. Economy Imminent | Quote |
the US economy is not going to collapse, in fact it is getting stronger. ALL of the markets (futures, shares, bonds) are stricly controlled and have failssafe mechanisms that ensure events like the great depression don't happen again. Like the tokyo exchange did a few days ago - it closes down automatically before any damage is done. Learn a little about how the stock exchanges operate.. you will be pleasantly suprised. |
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Anonymous Coward
User ID: 22799
1/21/2006 7:13 AM | | Re: Collapse of U.S. Economy Imminent | Quote |
ACDC, it doesn't matter how the market mechanisms operate. Underlying the markets are the simple mechanics of money and resources (like oil). We're trillions in debt, and if we got to war with Iran (which it's increasingly looking like we will), China will no longer be subsidizing our debt since they have an energy alliance.
No amount of plunge protection matters if the dollar becomes worthless out of hand. |
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Anonymous Coward
User ID: 61367
1/21/2006 7:18 AM | | Re: Collapse of U.S. Economy Imminent | Quote |
so it is unanimous that wul is full of shit
one, two, three... HELLYA! |
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A sCot
User ID: 65139
1/21/2006 7:22 AM | | Re: Collapse of U.S. Economy Imminent | Quote |
Looks like you've angered a few idiots this morning.... Oh how it must be to be living in a cloud of cotton wool lol |
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Anonymous Coward
User ID: 61367
1/21/2006 7:25 AM | | Re: Collapse of U.S. Economy Imminent | Quote |
better grab your precious metals and run... specially if you have no buddies at your bank. |
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Anonymous Coward
User ID: 65135
1/21/2006 7:31 AM | | Re: Collapse of U.S. Economy Imminent | Quote |
61367: "... precious metals and other valuables will not be released to U.S. citizens."
Two or three years ago, the banks gave notice that depositors should remove any gold/silver from their safety deposit boxes.
Some here have forgotten what Roosevelt did to the private ownership of gold. In effect, it was hijacked from the populace and replaced with paper. The US was bankrupt way back then. How much worse is the situation today? Really, really bad.
It is feasible that a derelect government would confiscate all they could get their hands on in order to survive. Isn't that what a bank robber does? Sure, it is.
Gold is becoming scarce as production has fallen and everybody wants it...China and Russia, not to mention India. Silver is more scarce than even gold because it is in such short supply; however, gold is used by governments to keep the value of their currencies. The last deed of a dying government is to confiscate property.
All of the Executive Orders were planned for just this event.
. |
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Anonymous Coward
User ID: 64519
1/21/2006 7:40 AM | | Re: Collapse of U.S. Economy Imminent | Quote |
idiots, why don't ya'll get a life and a job. |
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Anonymous Coward
User ID: 61367
1/21/2006 7:50 AM | | Re: Collapse of U.S. Economy Imminent | Quote |
i suppose that you're saying my banker has an inventory of my safety deposit box assets?
possibly, but i doubt it where i live and who i bank with. big reason to use the community banks. folks know each other and who they have to chase down in case of... the scoundrals who try to run after the collapse of the us econ.
i reckon they might make a plan in advance but small towns have big ears. |
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GREY LENSMAN
User ID: 64715
1/21/2006 8:02 AM | | Re: Collapse of U.S. Economy Imminent | Quote |
SAD
ATTACK THE MESSENGER
SHOW IGNORANCE OF "MARKETS:
MOAN "WHAT CAN WE DO"
THEN
QUOTE
The last deed of a dying government is to confiscate property.
UNQUOTE
A LOT OF WORDS FOR THEFT.
HOW MUCH LONGER WILL YOU LOOK AT THE WOLF AND PROCLAIM "WHAT A CUTE PUPPY"
OP TRUE OR NOT IN DETAIL, FACT IS ITS CLOSE ENOUGH TO THE REAL SITUATION.
GL |
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