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Thread: Economic update

  1. #466
    Financial Advisor ashedfc's Avatar
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  2. #467
    Financial Advisor ashedfc's Avatar
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    Last edited by ashedfc; Sat, Jun 16th, 2012 at 12:27 PM.

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    Financial Advisor ashedfc's Avatar
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    There are only 2 Options for our future:
    HEADS A DEFLATIONARY IMPLOSION - TAILS A HYPERINFLATIONARY DEPRESSION...

    http://www.clivemaund.com/article.php?art_id=2744


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    sweetproserpina and i_forget like this.

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    The Mancession: 16 Signs That This Economic Decline Is Sucking The Life Out Of The American Male



    http://theeconomiccollapseblog.com/a...-american-male



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    Ratings agency Moody's downgraded the long-term credit ratings of 15 major U.S., Canadian, and European banks today after markets in New York closed.

    Read more: http://www.businessinsider.com/downg...#ixzz1yUeypdQ2

  7. #472
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    Some interesting news I found in another forum ... cant vouch for the links tho.

    http://translate.google.is/translate...ljarda&act=url

    http://translate.google.is/translate...199895&act=url
    The voices in my head may not be real, but they have some good ideas!
    I have nothing to do today and hope to be half done by noon.

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    “The ignorance is willful.”
    Last Thursday, credit rating giant Moody’s downgraded the long-term credit ratings of 15 of the biggest North American and European banks. All but four were cut at least two notches, and these are some of the biggest banks in the world. RBC, JP Morgan, BNP Paribas, RBS and UBS are household names in Canada, U.S., France, UK and Switzerland.

    http://usawatchdog.com/the-ignorance-is-willful/

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    i_forget likes this.

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    Don Coxe, 40 yr veteran, & global Strategy Advisor to BMO comments.. "Get Ready, Banks to Collapse in Europe"

    Read: http://kingworldnews.com/kingworldne...In_Europe.html

    Audio: http://kingworldnews.com/kingworldne...A26%3A2012.mp3

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    Dr. Michael J. Burry at UCLA Economics Commencement 2012 (worth listening)


    http://www.youtube.com/watch?v=1CLhqjOzoyE

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    same applies to Canadians too

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    i_forget likes this.

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    Renowned forecaster Gerald Celente is the publisher of the Trends Journal. Celente has a history of spotting trends and predicting future events such as the fall of the Berlin Wall and the financial meltdown of 2008 long before they occurred. Celente is spotting new trends, and things do not look good. Gerald Celente thinks, “The banks are taking over the world.” That’s what is really happening in Europe with the sovereign debt crisis.
    Celente says, “America has already turned into pre-World War II Germany,” and “A war with Iran will be the beginning of World War III.” Celente is predicting America will not fare well in this conflict.Celente lost money in the MF Global bankruptcy and says the lesson learned is “You don’t own your money unless you have it in your possession.” Greg Hunter goes “One-on-One with Gerald Celente.”

    http://www.youtube.com/watch?v=0YfJpjq0jOU

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