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The global financial system has become dangerously unstable and faces an avalanche of bankruptcies that will test social and political stability, a leading monetary theorist has warned.
"The situation is worse than it was in 2007. Our macroeconomic ammunition to fight downturns is essentially all used up," said William White, the Swiss-based chairman of the OECD's review committee and former chief economist of the Bank for International Settlements (BIS).
"Debts have continued to build up over the last eight years and they have reached such levels in every part of the world that they have become a potent cause for mischief," he said.
"It will become obvious in the next recession that many of these debts will never be serviced or repaid, and this will be uncomfortable for a lot of people who think they own assets that are worth something," he told The Telegraph on the eve of the World Economic Forum in Davos.
originally posted by: Generation9
a reply to: kngfc
You are a fantastic mimic but I have no clue what you are talking about. Just stay in your trance until something happens that makes sense. Then you progress. I don't know. It's all guesses in between the 40 weeks. I do notice some numbers showing up again and again. The news can't be too obscure though. It has to be some top level tv and radio and internet basic stuff.
The 40th week is where the real power shows. That message is the overarching market bias indicator par excellence.
And I'm broke. So if anybody here is successful then it is probably because of something you did and not something I said.
originally posted by: Generation9
a reply to: kngfc
Another thing... what is going on in your sentence "The happy (Saturday) will know the Action (3+7=10 reduced to 1) is trending down (drown). "? Why do you want to do the number thing, gematria I think it is called? Is that something you've been taught? Are you Jewish? I was raised in a Christian church so this mystical way of thinking was not explicitly taught. I think the church teachings actually do prepare one, and fill one's mind with valuable stories, but the idea of thinking in a mystical way is not explicitly taught. Or at least I don't think so. It seems like the Bible stories prepare one's mind for the revelation, but the revelation has to be triggered by something in one's own personal life rather than a class that results in it, or a unique time for it, or a mass graduation indicating an arrival, etc. This is the old adage about the teacher appearing when the student is ready. All my lessons and preparation had me primed for the Elizabeth Smart event. The ES event actually WAS a mass indoctrination event, but not forced upon all like compulsory education. It was a secret signal for a secret society. Have you seen the movie Taxi Driver? It's a brooding movie all about values and society, war and commerce, schemes and preparation, training, posturing, political assassination, communication, adoration, saving the girl, hero stuff. The pen is mightier than the sword. Literally. The pen is a secret signal for a secret service. Taxi Driver is absolutely chock-full.
originally posted by: Generation9
I read Helena Blavatsky's books...