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Obama confident in recovery despite jobs report???

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posted on Jul, 5 2009 @ 02:33 AM
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reply to post by billybobh3
 

There are many other factors that will have a much more terrible
impact on the economy than just the job numbers.

The 100's of Trillions in derivatives is still set to implode sometime
in the not too distant future and once it does it is game over.

100's of trillions of dollars in derivatives set to implode due to massive ponzi scheme

Recently we find that the 2 japanese men held for having supposedly
$134 billion in fake US bonds were released along with the bonds.

Which means, they did not commit a crime, and the bonds are not fake.

Which in turn likely means the japanese are sending US bonds out
of their country to dump them secretly to avoid exposure for doing so.

The bond saga gets more odd

This is likely the reason the US government informed Embassy staff to
horde 1 years worth of foreign currency due to a possibly long term
banking shutdown in the US.

Wall street journals marketwatch mentions banking shutdown coming

124,000 bankruptcies per month ?

300,000 foreclosures per month ?

Newport News shipyard getting almost zero shipping traffic ?

It is all adding up to some serious problems down the road.

Prepare accordingly !

Good Luck to you all !

[edit on 5-7-2009 by Ex_MislTech]



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