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Sales down in August : Grim Truth
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TOPIC: Sales down in August : Grim Truth
#48912
BR

Sales down in August : Grim Truth 14 Years, 7 Months ago  
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
 
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#48942
Re:Sales down in August : Grim Truth 14 Years, 7 Months ago  
Don't forget your toothbrush.
 
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#48951
BR

Re:Sales down in August : Grim Truth 14 Years, 7 Months ago  
Very good advice thanks:P
 
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