global systemic crisis...end of...summer of 2009 | |
paladin (OP) User ID: 717397 United States 07/03/2009 03:00 PM Report Abusive Post Report Copyright Violation | this is something that is unreal. Sweden Cuts Deposit Rate to NEGATIVE .25% [link to globaleconomicanalysis.blogspot.com] hey all....the system does not want you to save.. they want you to spend....good luck with that |
paladin (OP) User ID: 735222 United States 07/26/2009 03:29 PM Report Abusive Post Report Copyright Violation | by Robert Chapman About two months ago our sources informed us that the US government had begun sending large amounts of cash to embassies throughout the world to be exchanged for local currency. We have had a number of reports that this in fact has been the case. Having been involved in counterintelligence and for some 50 years in economics and finance, I believe this is a precursor to problems centered around the US dollar. It was just a few months ago that the USDX was 89.5. The USDX is a dollar index, and is computed by using a trade-weighted geometric average of six currencies and their weights are: the euro 57.6%; the Japanese yen 13.6%; the British pound 11.9%; the Canadian dollar 9.1%; the Swedish Korona 4.2% and the Swiss franc 3.6%. We recommended the sale of the dollar at 89.5. It recently closed at 79.5. We believe that between now and the end of October that the USDX could fall to 71.18, its former low of 18-months ago. At that time a number of businesses outside the US were refusing to take US dollars and we believe that will happen again, and that is what the Treasury Department is anticipating and the reason for sending the cash to the embassies for conversion to local currencies. We also believe these events could precipitate a short bank holiday in the US due to disruption of capital flows in and out of the US and concern if not panic in the US banking community. We also believe the government will use such events as a trial run for a future major banking shutdown. They will be interested in the public’s reaction as a precursor to what might happen in the future if there were a major banking shutdown. [link to www.theinternationalforecaster.com] |
ANNONYMOUS User ID: 661006 United States 07/26/2009 04:29 PM Report Abusive Post Report Copyright Violation | |
Edward Kelly User ID: 734602 United States 07/26/2009 04:49 PM Report Abusive Post Report Copyright Violation | hey all as I put the dots togeather....I will post them here.. Quoting: paladinheads up.....something is about to happen.. # 1 126 Dollar Days to go Jim Sinclair’s Commentary The truth in China runs totally juxtapose to the truth according to US media, financial TV and the usual chorus of talking heads, China bashers and so called experts. The following is a comment made by the Deputy Foreign minister to a group of visiting business people. There was no maybe or conversation on the topic. It was emphatic. “The financial crisis has fully exposed some shortcomings in the international currency system. China is not seeking discussions but wants a diversified reserve currency.” Last week the Bank of China renewed its call for the creation of a super sovereign reserve currency (defined as a basket of currencies) to reduce the dollar’s global domination. The US media pumped out more MOPE and Spin that China was only talking, having no real intention of demanding any such thing. The problem is that the upcoming G8 plus 5 summit is going to be all about reduction of dependence on the US dollar. All other subjects of discussion are just diversions. A change is coming and the timeframe can be measured in months, not a decade. [link to jsmineset.com] # 2 In its current issue, HSL reports rumors that "Some U.S. embassies worldwide are being advised to purchase massive amounts of local currencies; enough to last them a year. Some embassies are being sent enormous amounts of U.S. cash to purchase currencies from those governments, quietly. But not pound sterling. Inside the State Dept., there is a sense of sadness and foreboding that 'something' is about to happen ... within 180 days, but could be 120-150 days." ... HSL's suspicion: "Another FDR-style 'bank holiday' of indefinite length, perhaps soon, to let the insiders sort out the bank mess, which (despite their rosy propaganda campaign) is getting more out of their control every day. Insiders want to impose new bank rules. Widespread nationalization could result, already underway. It could also lead to a formal U.S. dollar devaluation, as FDR did by revaluing gold (and then confiscating it)." [link to market-ticker.denninger.net] # 3 At this stage of the global systemic crisis’ process of development, contrary to the dominant political and media stance today, the LEAP/E2020 team does not foresee any economic upsurge after summer 2009 (nor in the following 12 months) (1). On the contrary, because the origins of the crisis remain unaddressed, we estimate that the summer 2009 will be marked by the converging of three very destructive « rogue waves » (2), illustrating the aggravation of the crisis and entailing major upheaval by September/October 2009. As always since this crisis started, each region of the world will be affected neither at the same moment, nor in the same way (3). However, according to our researchers, all of them will be concerned by a significant deterioration in their situation by the end of summer 2009 (4). LEAP/E2020 believes that, instead of « green shoots » (those which international media, experts and the politicians who listen to them (5) kept perceiving in every statistical chart (6) in the past two months), what will appear on the horizon is a group of three destructive waves of the social and economic fabric expected to converge in the course of summer 2009, illustrating the aggravation of the crisis and entailing major changes by the end of summer 2009… more specifically, debt default events in the US and UK, both countries at the centre of the global system in crisis. These waves appear as follows: [link to www.leap2020.eu] |
paladin (OP) User ID: 742529 United States 08/04/2009 10:25 PM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 650561 United States 08/04/2009 10:45 PM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 697809 United States 08/04/2009 10:53 PM Report Abusive Post Report Copyright Violation | leap 20/20 blahblahblah they've been saying this same stuff for YEARS. The funny part, they can't see that EU is screwed just as bad as the US Quoting: Anonymous Coward 650561Funny... but thinking that I'm LESS fucked than the EU, just doesn't make me feel any better. SO... |
Mad Max User ID: 741555 United States 08/05/2009 12:09 AM Report Abusive Post Report Copyright Violation | leap 20/20 blahblahblah they've been saying this same stuff for YEARS. The funny part, they can't see that EU is screwed just as bad as the US Quoting: Anonymous Coward 650561Maybe they have been saying it because its true. I mean if you're right why change your story? Have you seen what they do to the "clunker" cars? Drain the oil then rev 'em up till the engine blows. What if, what if they did the same thing to the whole world economy? Oh wait.... |