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I never posted any Youtube videos, and never mentioned credit cards in my posts. There were videos posted, but the poster obviously has deleted them, and quite rightly so IMO, If you think otherwise, please provide the same links again for the rest of the ATSers.
Originally posted by aristocrat2
reply to post by smurfy
The Youtube videos.
Originally posted by aristocrat2
24th March 2010 - Start of a massive worldwide Stock and Bond market crash worldwide.
After this, everyone will KNOW that they recovery is over. And with the markets in shreds, raising new sovereign debt to service the old will become impossible. And the US as well as the UK, Greece etc will be unable to service their debts any more.
EXPLANATION
Why is everyone so narrow-minded as to think that the trigger for the collapse of the US and world economy will come from within the USA? On the principle of "the market always discounts", an accident comes from where you DO NOT EXPECT IT.
In 1987, the first stock market to crash was the London, falling 12% in one morning.
Consider:-
- In 15 months or so, Gordo Brown has more than doubled the UK national debt.
- Inflation has taken off
- Recovery growth figures are really weak and wishy-washy
- The Trade gap has widened into a crevasse as Brown's stimulus benefits only the Chinese economy at the UK taxpayers cost - reported two days ago.
- Retail sales have suffered one of their worst ever slumps in the first couple of months - reported a couple of days ago.
- Brown is absolutely refusing to perform ANY spending cuts
- The Fitch Credit Rating Agency has warned that the UK is about to be downgraded from AAA to AA
- There has been a persistent run on sterling in the last few days and UK bonds have been falling sharply
To secure re-election, Gordo Brown is almost certain to have a "giveaway budget.. This will clearly be the last straw and trigger a panic as a debt downgrade will be feared..
This economically lethal cocktail will be presented on the afternoon of 24th March 2010, the equivalent to about 10am to Noon.
Originally posted by xxshadowfaxx
Originally posted by wycky
Originally posted by xxshadowfaxx
I think the market already collapsed. Only going to get better from here on out, We're out of the woods so to speak. Everywhere is showing signs of economic recovery. More jobs being created, more money being made, business are picking back up. There are no signs at all of another crash anytime soon. I've been watching the market, and its been going up every day. What would possibly make it crash now? Sure there will be bumps along the way, but it is making a recovery.
what about this?
FDIC Opens a Massive New Office near Chicago, Preparing For Tidal Wave of Bank Closures
As many as 5 million Homes and Condo's are facing foreclosure in the next few years , This contrary to what the MSM wants us to believe is going to be the 2nd in a Double Dip recession. Is the Midwest about to see a massive wave of bank closings? That is apparently what the FDIC is expecting. The FDIC is opening up a massive new satellite office in the Chicago area....
Scare tactics. The market already collapsed. It won't collapse for many years. It's just fear mongering now, they can control people using the threat of the stock market crashing so of course, you're gonna hear about imminent banks collapsing and stuff like that, but it won't happen. They've been talking about banks collapsing now for the past few months and nothing happens. It's just another form of control, just like "blame the terrorists" of 9/11,
Originally posted by xxshadowfaxx
WWIII will never happen. It's impossible. No matter how bad things get, WWIII just won't happen. Because everyone knows that if WWIII did happen, no one can win. It's nuclear winter. End of humanity. Its a no-win situation. World leaders are not dumb.
Originally posted by xxshadowfaxx
WWIII will never happen. It's impossible. No matter how bad things get, WWIII just won't happen.