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<< WARNING >> WORLD HEADED DEEPER INTO DEPRESSION BY OCTOBER? PERFECT STORM BREWING WITH BAD ECONOMIC DATA + SKYROCKETING FOOD PRICES!!!

 
JayJ
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08/10/2012 12:35 PM
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<< WARNING >> WORLD HEADED DEEPER INTO DEPRESSION BY OCTOBER? PERFECT STORM BREWING WITH BAD ECONOMIC DATA + SKYROCKETING FOOD PRICES!!!
Here are just a few recent articles with economies again dipping and faltering around the globe. All this AFTER TRILLIONS PUMPED INTO ECONOMIES!

Canada loses thousands of Jobs in shocking decline as jobless rates rise.

[link to www.ctvnews.ca]


China exports tumble!

[link to blogs.wsj.com]


German Economy headed for recession?

[link to www.thestar.com]


Bleak economic growth for Britain.

[link to oilprice.com]


Oil demand slowing in face of global economic slowdown accelerates.

[link to business.financialpost.com]


Singapore's economy contracts.

[link to www.canadianbusiness.com]


France dipping into recession.

[link to articles.economictimes.indiatimes.com]



I think we have a perfect storm starting to brew right now. Things are going to get nasty going into the FALL. Prepare folks. Coupled with drought and food prices skyrocketing, it is going to be a long rest of 2012!

Last Edited by JayJ on 08/10/2012 12:52 PM
LilacFrost

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08/10/2012 12:38 PM
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Re: << WARNING >> WORLD HEADED DEEPER INTO DEPRESSION BY OCTOBER? PERFECT STORM BREWING WITH BAD ECONOMIC DATA + SKYROCKETING FOOD PRICES!!!
[link to hpiers.obspm.fr]
Elsabiades...
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08/10/2012 12:45 PM
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Re: << WARNING >> WORLD HEADED DEEPER INTO DEPRESSION BY OCTOBER? PERFECT STORM BREWING WITH BAD ECONOMIC DATA + SKYROCKETING FOOD PRICES!!!
Every trick in the book will be utilized by the Central Banks to prevent ANY collapse before the election....
Anne O'Mally

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08/10/2012 12:53 PM
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Re: << WARNING >> WORLD HEADED DEEPER INTO DEPRESSION BY OCTOBER? PERFECT STORM BREWING WITH BAD ECONOMIC DATA + SKYROCKETING FOOD PRICES!!!
bump for a thread that actually gives research and info instead of just one freaking link and no commentary or blurbs. maybe i'll karma pin this shyte if i have the greenies.
worth my weight in squirrels.
JayJ  (OP)

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08/10/2012 12:56 PM
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Re: << WARNING >> WORLD HEADED DEEPER INTO DEPRESSION BY OCTOBER? PERFECT STORM BREWING WITH BAD ECONOMIC DATA + SKYROCKETING FOOD PRICES!!!
Im sure they will try to prevent and delay it. I think this the their #1 concern right now, but they are running out of options VERY fast.

All they do is infuse money into faltering economies. They aren't really do anything in any nation to viably create real jobs. The ship is sinking so fast. And if food prices skyrocket and jobless numbers continue to rise, we could have an inflationary depression on our hands. Something we really do not want to see!!!!!
JayJ  (OP)

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08/10/2012 12:58 PM
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Re: << WARNING >> WORLD HEADED DEEPER INTO DEPRESSION BY OCTOBER? PERFECT STORM BREWING WITH BAD ECONOMIC DATA + SKYROCKETING FOOD PRICES!!!
bump for a thread that actually gives research and info instead of just one freaking link and no commentary or blurbs. maybe i'll karma pin this shyte if i have the greenies.
 Quoting: Anne O'Mally


Thanks, I really appreciate your support. I try and make the most informative threads I can with some backing, and to have some awareness. I try and edit them as we go along, to improve the information.

Thanks again.
Anonymous Coward
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08/10/2012 12:59 PM
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Re: << WARNING >> WORLD HEADED DEEPER INTO DEPRESSION BY OCTOBER? PERFECT STORM BREWING WITH BAD ECONOMIC DATA + SKYROCKETING FOOD PRICES!!!
Im sure they will try to prevent and delay it. I think this the their #1 concern right now, but they are running out of options VERY fast.

All they do is infuse money into faltering economies. They aren't really do anything in any nation to viably create real jobs. The ship is sinking so fast. And if food prices skyrocket and jobless numbers continue to rise, we could have an inflationary depression on our hands. Something we really do not want to see!!!!!
 Quoting: JayJ


The central banks know that they have lost the battle. They MAY be able to hold things together until the election but if so then all hell is going to break loose after that.
Anonymous Coward
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08/10/2012 01:09 PM
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Re: << WARNING >> WORLD HEADED DEEPER INTO DEPRESSION BY OCTOBER? PERFECT STORM BREWING WITH BAD ECONOMIC DATA + SKYROCKETING FOOD PRICES!!!
Massive inflation in everything you need.Deflation in things you do not.We are and have been in a depression for four years.

The central bankers fix.Print to devalue currency and inflate prices.

It will not work.If we are luck we will just end up with hyperinflation.
JayJ  (OP)

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08/10/2012 01:22 PM
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Re: << WARNING >> WORLD HEADED DEEPER INTO DEPRESSION BY OCTOBER? PERFECT STORM BREWING WITH BAD ECONOMIC DATA + SKYROCKETING FOOD PRICES!!!
Massive inflation in everything you need.Deflation in things you do not.We are and have been in a depression for four years.

The central bankers fix.Print to devalue currency and inflate prices.

It will not work.If we are luck we will just end up with hyperinflation.
 Quoting: Anonymous Coward 19629373


Exactly. Well said. It will be necessities that are going to go through the roof. And it is these things we buy everyday. Even with other things possibly in deflation, it won't matter because it will just cause bankruptcies. People will not have the money, being jobless (or part time crap work) to buy anything else but what they need. It is a very scary cycle.
JayJ  (OP)

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08/10/2012 01:42 PM
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Re: << WARNING >> WORLD HEADED DEEPER INTO DEPRESSION BY OCTOBER? PERFECT STORM BREWING WITH BAD ECONOMIC DATA + SKYROCKETING FOOD PRICES!!!
IMPORTANT!bump
JayJ  (OP)

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08/10/2012 02:20 PM
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Re: << WARNING >> WORLD HEADED DEEPER INTO DEPRESSION BY OCTOBER? PERFECT STORM BREWING WITH BAD ECONOMIC DATA + SKYROCKETING FOOD PRICES!!!
Cmon guys, this has to be some cause for concern? I want to get a take on what people are thinking. Do you think we will head into a depression or inflationary depression? GAS, FOOD, etc all through the roof, while jobs continue to die?
InTheHood

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08/10/2012 02:38 PM

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Re: << WARNING >> WORLD HEADED DEEPER INTO DEPRESSION BY OCTOBER? PERFECT STORM BREWING WITH BAD ECONOMIC DATA + SKYROCKETING FOOD PRICES!!!
Not sure, pondering for years, but I think we'll see nationalization (BamBam is already going down this road), price controls, higher taxes, etc. more businesses going out of business, more countries leaving for overseas. Higher prices but not necessarily hyperinflation, more job losses, just getting squeezed a lot more.

If hyperinflation is allowed, and I do say allowed, our cities will go up in flames. You will see it coming. When you do, for those that don't have the funds to prepare, get what yeah can, while you can.
That's all you can do.
Anonymous Coward
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08/10/2012 03:05 PM
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Re: << WARNING >> WORLD HEADED DEEPER INTO DEPRESSION BY OCTOBER? PERFECT STORM BREWING WITH BAD ECONOMIC DATA + SKYROCKETING FOOD PRICES!!!
Can they even prevent necessities from inflating though? The demand for these alone is rising like crazy.
grasptheuniverse

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08/16/2012 09:33 AM
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Re: << WARNING >> WORLD HEADED DEEPER INTO DEPRESSION BY OCTOBER? PERFECT STORM BREWING WITH BAD ECONOMIC DATA + SKYROCKETING FOOD PRICES!!!
bump
caz
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08/16/2012 09:52 AM
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Re: << WARNING >> WORLD HEADED DEEPER INTO DEPRESSION BY OCTOBER? PERFECT STORM BREWING WITH BAD ECONOMIC DATA + SKYROCKETING FOOD PRICES!!!
Im sure they will try to prevent and delay it. I think this the their #1 concern right now, but they are running out of options VERY fast.

All they do is infuse money into faltering economies. They aren't really do anything in any nation to viably create real jobs. The ship is sinking so fast. And if food prices skyrocket and jobless numbers continue to rise, we could have an inflationary depression on our hands. Something we really do not want to see!!!!!
 Quoting: JayJ


Good post. You are right, they are out of tricks and all they have left is to create more money out of thin air. Things are going to get much, much worse. Sadly most people are still in denial and those who are currently safe and live in a socio-econimic cocoon, shielding them from what is actually going on, are prone to vehemently denying what is going on out there because they are not personally affected at this point.

But............ a big wreck is coming. There is no doubt about it, it is just a matter of how fast it is going to play out.





GLP