The economic problem is this: Updated last page 17

Simply a depression? Yes a depression.
something worse? Yes something worse.

Second, we can't stop it or flee it.
True, you can not stop it.


Is there anything we CAN do to make the best of it?

In a depression is is no such thing as
"making the best of it".
That is why it is called a depression.

But I do understand your question.
You are asking what kind of preparations to make.

That all depends upon where you live.

If you get the knowledge on how to live alone by yourself
"Reader's digest - Back to Basic's" ... other books and skills ...and you have the time to do so ... then you can prepare.

:Lightning/:

What about Zimbabwe? I mean, they're kind of passed depression now, into full on collapse right? There's a lot of nations like that. A depression to Zimbabwe would look like happy days!

Great info. Thanks
Do you a timeframe when you think

Do you have a timeframe?

Cliff Notes: John Galt is alive & well.

With the second downturn about to happen on the way to a global depression,
it is time for a review.

what happened in the voice chat is a microcosm of the systemic problems the planet is facing

few intelligent people capable of rational analysis of the situation and many morans who think that by speech acts some things of merit have been conveyed, let alone real possibilities for beneficial change be disseminated to those in the most need of it.

I fear we are living in times with some of the greatest numbers of idiots walking the planet than have ever been here. but what gives me hope is there might also be a great number of intelligent beings here at the same time.

i just hope that the vast proportion differential is not so great that the few cannot overcome the weakness of the many

good info thanks for sharing it

Economic Collapse in 2011

[link to www.youtube.com]

[link to kondratieffwinter.com]



.

A small extract of information from a Gram Summers article
located at: [link to www.gold-eagle.com]

"However, instead of doing this, the Feds (the Federal Reserve, Treasury Dept, etc.) have been producing EVEN MORE DEBT. Here's a brief recap of their moves thus far:

* The Fed cuts interest rates from 5.25-0.25% (Sept '07-today)
* Bear Stearns deal/ Fed buys $30 billion in junk mortgages (March '08)
* The Fed opens various lending windows to investment banks (Mar '08)
* The SEC proposes banning short-selling on financial stocks (July '08)
* The Treasury buys Fannie/Freddie for $400 billion (Sept '08)
* The Fed takes over AIG for $85 billion (Sept '08)
* The Fed doles out $25 billion for the auto makers (Sept '08)
* Feds' $700 billion Troubled Assets Relief Program (TARP) (Oct '08)
* Fed buys commercial paper from non-financials (Oct '08)
* Fed offers $540 billion to backstop money market funds (Oct '08)
* Fed backstops up to $280 billion of Citigroup's liabilities (Oct '08)
* Another $40 billion to AIG (Nov '08)
* The Fed backstops up $140 billion of Bank of America's liabilities (Jan '09)
* Obama's $787 Billion Stimulus (Jan '09)
* The Fed's $300 billion Quantitative Easing Program (Mar '09)
* Fed buying $1.25 trillion in agency mortgage backes (Mar '09-'10)
* The Fed buying $200 billion in agency debt (Mar '09-'10)
* Cash for Clunkers I & II (July-August '09)
* QE lite (August '10)
* QE 2 (November '10)
And that's a BRIEF recap (I'm sure I left something out).

In a nutshell, The Feds have tried to combat a debt problem by ISSUING MORE DEBT. They're pumping trillions of dollars into the financial system, trying to prop Wall Street and the stock market. They've managed to kick off a rally in stocks… But they HAVE NOT ADDRESSED THE FUNDAMENTAL ISSUES PLAGUING THE FINANCIAL MARKET.

Stocks are headed for another Crash, possibly as bad as the one we saw in October-November 2008. As you know, that Crash wiped out $11 trillion in household wealth in a matter of weeks. There's no telling the damage this Second Round will cause."


After you have read the article, perhaps you can now see how a K-wave becomes syncronized on a global scale. Governments
fail when the takers are greater than the makers. It is that simple.

Egypt and so on, is just the beginning.

I hope we are almost there OP!

Let the system crash and burn!

...and so we start again...

Intentional choking of energy sources and availability via EPA, federal land grabs, national park system, interstate commerce law, etc.

have a knowledge and understanding of money.


From 1815 to 1914 the world was on a gold standard, which meant that each national currency (the dollar, pound, franc, etc.) was merely a name for a certain weight of gold. The US dollar was defined as 1/20 of an ounce of gold, the pound ¼ an ounce of gold, and so on.

....

The world was back to the monetary chaos of World War I. International economic and monetary warfare raged between currencies as they devalued against one another. This was followed by exchange controls, and trade barriers until eventually international trade and investment came to a virtual standstill. Sound familiar?

....

But, Europe still had the option of redeeming dollars for gold at $35 an ounce, and, this is exactly what they did for almost two decades until the US gold stock pile had dwindled from some $20 billion to $9 billion. And, as US dollars kept inflating on a gold stock pile that was gradually declining the system began to unravel in 1968.

...

And, in their scorn of gold, Keynesians and Friedmanites, each devoted to the fiat monetary system, predicted that when fiat money was established, the market price of gold would fall to about $8 an ounce.


[link to www.gold-eagle.com]


Gold a 8$ an ounce ... laughing

An insight that is useful to you.


"Fourthly, the government doesn't generate any real wealth of its own that can be 'spent' in order to offset what's happening in the private sector. Instead, everything the government spends must first be borrowed or stolen from the private sector. So, how can the private sector possibly be helped by the government increasing the rate at which it steals and borrows from the private sector?" full article here:
[link to www.gold-eagle.com]

Clearly, the silver prices could go hundreds if not thousands of times higher, and it could destroy the entire financial system of paper money.


[link to campaign.r20.constantcontact.com]

In conclusion, it's not a "conspiracy theory" that the banks are manipulating the silver market. The BIS bank data shows the conspiracy.

And when the banks are saying indirectly, "don't trust us", given both the large amounts and large changes in their published data, it would be foolish to trust them.

It's a mathematical certainty that silver prices will explode upwards in price, and only people who hold their own silver will benefit from the major value change that's coming.

The k-wave syncro-lock is now visible.

An article dated July 13,2011 and titled "Gold & Silver Poised To Surge On Ticking Debt Bombs"

which is located at [link to www.gold-eagle.com]

the author James West, asks this question:

"Is it a coincidence that the debts, currencies, and economies of the top European, Asian and North American countries are all accelerating towards the brick wall of default at the exact same point in history?"


The above question is a good way of pointing out some of the main characteristics of a

global syncronized K-wave;

multiple countries ...

exact same point in history ...


It is well worth the time to read.

They are finally talking about the Kondratieff Wave and it's winter leg that is just begun.


As an illiquid asset, housing prices tend to depreciate in the final years of the deflationary winter season, as many have discovered. This is one of the biggest proofs that the economic long wave, or Kondratieff Wave, is still in its deflationary phase and hasn't bottomed yet.

How Gold Performs In Deflation
Cliff Droke
16 July 2011
[link to www.gold-eagle.com]

AWESOME READ!

pin?

Please forget me if I am blatantly ignorant in economic strageness, but the real reason even if your erudition and education doesnt prevent you from seeing it, its because the world leaders and bankers (corrupted and greedy of course), imposed to all humanity an oil based economy, plus interest from credits, and created a ponsi scheme in every single country, and also educated the blind society in consumerism, ect, etc, and a thousand more etceteras, Now we are in a dilemma only solutionable with free energy devices or plants, reseting the current banking system, and abolition of frontiers depending on the interest of a few people, and we can save this world from colapse, it could take a few years and educate people in relearn how to cooperate betwen us instead of raping each other, basically if we obliterate
division between us as humanity we can create a balanced economic system, but in the end its up to world leaders as well as people like you with real knowledge to stop this raping system with order and gradually, or just let this current humanity die and canibalize each other until in a few years we see what will happen but I think we already know what can happen, we have thousands of years of expertise and more wars than years in our backs, and we havent learnt to live in real peace and liberty between us, and if you think I am wrong please just ask this question for me and maybe for a hundred more reading this post of yours: If this world its like a gigantic Monopoly game, Who has all the money at the end? and when were we adviced that we were just a piece of it?

So maybe in that way those cowards in the dark and erased from the books of "history", that pull the strings in the backstage could have what they deserve, billions of human beings do not deserve to suffer from the decitions or conceptions of a few hundred psychopaths.

(Everyone please forget my english but that its part of the babel tower syndrome inflicted upon humanity thousands of years ago) nice report anyway and if there is a God i just hope he can save our asses.

This is a SIGN of the acceleration of the K-wave.

Some unknown trader just bet 1 billion dollars of real hard cash that the U.S. is going to default.

The trade was for block trades of 5,370 10-year Treasury futures executed at 124-03 and
3,100 Treasury bond futures executed at 125-01

Yields are going up sooner rather than later, if the person behind this Armageddon trade is correct

[link to etfdailynews.com]



and so it begins ...

These are your questions that you wish me to answer:

"1. If this world its like a gigantic Monopoly game, Who has all the money at the end? and

2. when were we adviced that we were just a piece of it? "


Answer (maybe) to question 1: The world is like a giant Monopoly Game.

The better skills and education you have, the greater the chance of collecting more money.

It is the way you are rewarded for being a contributor to the world.

You are supposed to be a creative person and make great inventions; to help improve the

general condition of your country and of other people around the world.

As to who has all the money in the end ? It will be the person who is not looking for a hand out;

but rather a hand in, and I think you are smart enough to figure out who that is.



2. when were we adviced that we were just a piece of it? "

Answer (maybe) to question 2: You stated that "...I am blatantly ignorant in economic strageness..."

so perhaps your statement is the answer to your own question.

You must be responsibile for your own education.
Public libraries have many books on economics.
Read some of them. Learn a legal business.
Make an invention.
Learn how to get your OWN private law MONOPOLY by going here: [link to www.uspto.gov]

With sincere good luck to your efforts.

An example of the POWER of a K-wave lockup.


Professor Robert Mundell urges gold convertibility for the euro, the currency which he fathered, as well as for the dollar.

[link to www.midasletter.com]

Care for some time travel backwards to a point about 2 and 1/2 years ago.


Congress you are no longer calling the shots.
All of you have been fired.

Thread: Global K-wave Conformation, Greater Doom than Oil spill.

Interesting stuff

Last Edited by Jadio on 08/01/2011 04:26 PM

Time is truly very short for people to understand this
very brutal, harsh, an deeply unfair economic lesson.
Here are two articles that put the whole picture together.


UnHappy Birthday, Fiat Dollar
Jeff Berwick, The Dollar Vigilante
15 August 2011
[link to www.gold-eagle.com]


In the next article there is a Dow Gold chart.
It clearly shows the trigger way back in September of 1999
that for told the future. That was the month when Gold started to rise.

"At the recent GATA conference, Adrian Douglas put forward a target of $53,000 an oz based on M3. He said that that out of every 33 oz of gold traded 32 oz are paper gold, which would lead to a price projection of $53,000 also, if all trading were backed by physical gold."

TOO LATE TO JUMP ON THE GOLDWAGON?
Egon von Greyerz Matterhorn Asset Management AG - 15 August 2011
The Stealth Market in Gold
[link to www.gold-eagle.com]

We should start soon seeing the first horrific effects of the K-wave syncro-lock.

If so, at this stage in the game, more inflation will almost certainly lead to hyperinflation and the


complete collapse of the fiat currencies


and the great majority of the economies of the western world.
[link to www.gold-eagle.com]

Well, well well!

It seems some people are FINALLY waking up to the implications of what it means to have a syncro-locked K-wave
across the entire world economy!!!

A quote from the article:

"We are now moving to a point where there is a fundamental separation of money's role as a means of exchange and a measure of value. The cost in terms of economic functioning, let alone well being, will be huge. In the past such turmoil has led to social unrest at the very least and the toppling of governments and occasionally civil war or economic catastrophe at the worst. The difference, this time, is that it is not simply a single country that will suffer but in this global world, whole economic zones will be badly affected. It is even possible that the entire global economy will be badly affected."

article link:
Gold Is Confidence In Money Systems - JULIAN D.W. PHILLIPS 14 September 2011
[link to www.gold-eagle.com]

So there you are. Julian is on the right track.
As Julian said ... "The decline of the world's leading bank shares worldwide this last week, gives us an indication that the process of financial breakdown may have started already."


I just saw a video clip of Mad Money Jim Cramer describing to Tin Geithner a "certain action" to take.
Mr. Geithner said "they", are going to do what Cramer advised!!!
Maybe their conversation was in reference to this article:

It seems that you can;t post any guardian stuff on glp.

So cut and paste the link and surf to it from a different tab.

Tim Geithner urges Europe to act decisively on debt crisis
US treasury secretary urges European governments to use 'overwhelming force' to address eurozone's financial woes
http colon //www dot guardian dot co dot uk/business/2011/sep/14/geithner-europe-debt-crisis


And just a few years ago this way said:

[link to www.businessinsider.com]


Well all this deep Ahhhh, "thinking ???", ... can make a person hungry.
So ... I guess they are in need of nourishment as the bankers continue their deliberations.


[link to mysteriousandmisplaced.com]



I await your comments.