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Topic History of: Sales down in August : Grim Truth
Max. showing the last 5 posts - (Last post first)

Author	Message
BR	Very good advice thanks:P
Angel	Don't forget your toothbrush.
BR	news.bbc.co.uk/1/hi/business/8243111.stm Despite all the BBC trumpeting to get people spending again - the real facts of the recession deepening are now being felt. Food sales grew as people "stock up" in anticipation of a potential collapse because no-one believes the Government or the Banks on the economy. They can do the maths - which says that Capitalism is bankrupt and could crash at any moment. It is being supported by a fragile raft of subsidies and hidden debts. We may get through the next year without another crash but if we do it will be a miracle. Despite pumping £150 billion into the economy in Quantitative Easing - and giving the banks a further £300 billion to lend - the truth of the matter is that the debt black hole has sucked all the money in. The debt black hole is estimated at around £500 trillion worldwide - so it is totally pointless now throwing money into the hole. The Smart Money is on a detracting event to limit the effect of the crash. Such as a big terror event - or a change in Swine Flu to Bird Flu. Both would have to be organised by the G20.....or an alien event LOL. So if you see a massive terror attack in the next 6 weeks etc dont be suprised - it could be the only way out. Apart from attacking Iran etc. and starting WW3. I am retreating to my bunker until December because I am concerned about where this is all going. Yes - I have my food - fuel - water stocks to last me a couple of months now. I am ready......Not got a tin foil hat yet - but may go out and get some foil next week