cartoon

















IMPORTANT NOTE:
You do NOT have to register to read, post, listen or contribute. If you simply wish to remain fully anonymous, you can still contribute.





Lost Password?
No account yet? Register
King of Hits
Home arrow Forums
Messageboards
Welcome, Guest
Please Login or Register.    Lost Password?
Worldwide Credit Crash - Oct 7th ?
Go to bottomPost New TopicPost Reply
TOPIC: Worldwide Credit Crash - Oct 7th ?
#35716
BR

Worldwide Credit Crash - Oct 7th ? 16 Years, 8 Months ago  
Today we are seeing the cracks appear.

As I said - the BAILOUT was a last payout to the greedy bankers before the crash.

Economists have predicted this for years because of the ridiculous amount of debt being taken on by banks. This article was written in 2004.
www.rense.com/general80/protc.htm

I dont want to be alarmist but I do suggest that we all take steps to ensure the safety of our cash / investments / savings / before tomorrow comes.

When the crash happened in 1929 it started in one day ( October 7 this time ? ) and took a week for everything to collapse. We are in a worse position this time - BROWN cant be blamed - it is too big a crisis.

Iceland has just closed its market - the rest of the world is seeing 4% drops despite Governments pumping money in ( real drops would be around 8% otherwise ) the governments will run out of money soon so I fear it is all over bar the shouting.

Experts are saying "sell sell sell" Reinhart inUSA and BBC are saying people are "cutting and running"

The DOW opens in 20 mins. Unless something massive happens to stop this crash it is going to happen.
 
Logged Logged
  Reply Quote
Go to topPost New TopicPost Reply