The Economist Prediction for 2009: Bad to Dreadful

[gyalstush]

I heard that a lady (probably an economist) predicted all this global economical or stock market collapse, sometime back. Anybody ever hear about her?

[cougarvote]

@gyalstush Is it Catherine Austin Fitts you are kooking for? She is the president of Solari Investments and has been advisor to a number of presidential administrations. She predicted current events years ago, a very, very savvy and perspicacious analyst. There are youtube videos you can see to check if it is her you are seeking. And if it's not her, you may find she's well worth listening to anyway.

[gone556]

Recovery in 2010 are you crazy, arm loans are about to reset. Unemployment after the stimulus (money we printed out of thin air) raised to 10%. The government is showing no restraint on spending money we don't have. Were the biggest debter nation in the world and it is not a good position.

[ghahandi]

This guy missed the mark. 2nd half looks dismal

[AltCowGod]

The media is shite anyway. Do away with most of those horse arses and we may have more money, hah!

[theratfarmer]

you dip shits still don't know anything do you? fag, cum in your mouth, i fucked your mom, so on etc.. your a bunch of dumb fucks. lol. your so dumb, you can't think right. idiots.

[AltCowGod]

MY MOM IS A MILF

[proudtexan2]

Copy and Paste IF You are proud to be an American IF You are a capitalist If You are sick of Change IF You are tired of hearing Diversity IF You still believe in a White America

[theloganrocks]

Fag

[TheRightToBareAss]

The African-American host is one hot bitch!

[jgpenate]

Blah Blah Blah, I'm a big economist.... Blah Blah Blah

[RenegadeTimes]

This was an organized collapse. Are we so stupid as humans to believe it's all a "big mistake" ? Get real. Seat belts on the ride of your lives is just unfolding. Sleeping Americans will be jolted awake !

[theratfarmer]

how can a home owner be resposible for 90% of any mortgage loan? for example, a 100k loan, from a bank, for a mortgage loan is 90% made up out of thin air. "fractional reserve banking". so, the way i see it is, the home owner only owes 10% of the loan (10k). how can a bank loan the money if they don't have the other 90% (90k) of money? legally the home owner owes only 10% of the mortgage.

[morgandrim]

That is a very interesting statement from you theratfarmer - especially when one weighs it up against the fact of negative equity. The banks have - let us admitt it - got us by the short and curlies.

[moniequa]

You know it not the banks' fault, if we don't like their fractional reserve system don't borrow. The problem is we too many stupid assholes who can't afford to buy a house borrow and buy. Legally, if you don't have the fucking money don't buy the god damn house. Bottom line is we stupid and get fucked just shut up and take it.

[taineasy]

Take a look at the 60 Minutes video posted on you tube called "The 2009 Housing collapse will be worse than 2008" Its a good one.

[TruthandJustice101]

2009 = THE GREAT DEPRESSION 2

[eddievanhalen1]

all set up by obama insiders

[Entropy137]

this was set up nearly forty years ago dude.