Dollar Doomed? Obama Inauguration, Treasury Demand Lending Data

[QuartuvLarry]

The wars are nothing. These fail-outs have surpassed their cost 9 times over.

[PontVedra]

The panic we are continuing to see since Sept 08 is still with us. The inauguration was a comfort to many. But reality hit again 1/21/09. That said, low confidence will usher in a depression in 2009.

[TheCZMan]

I noticed another mistake in marketing: it is the second time I watched concerns being voiced on this channel:"I am worried about me, my family, my friends, people who live around me on this tiny island"

A good marketing move would be to include "... and you, my beloved viewers"

Should work wonders to grow more popularity.

[CaligalinLibrary]

Gerald Celente says that we are in the first stages of a Depression.

[1989kirby]

u seem sad, dem. I hope the recession isnt getting you down.

--

This is definately not your typical recession. However, I think its still premature to say we are in a depression.

I think if we dont show significant recovery by fall 09, we can assume the worst!-But thats just my opinion.

[quicktripgas]

Demcad, Obama will save us!!! HE LOVES US!!!!

All he has to do is print more money, and everything will be fine....... right?

:(

[N2MUSIC1]

I just want to say that I apperciate your hard work in doing these videos that you do for us here on Youtube ! I am sure that you spend a tremendous amount of your free time researching your information. I watch ever video that you do and I enjoy your work very much ! Thanks from North Carolina !!!

[DEMCAD]

Thanks for watching.

[X340N3]

Isn't Kansas City supposed to be one of the inland ports for the NAFTA super highway?

[elpilotoazul]

The dollar HAS to be doomed. Backed by air and the full faith of the U.S. government, a government that believes the way out of debt is to spend your way out. Collapse is a when, not an if.

[TheRedPriestofVenice]

We're sliding into the Greatest Depression right now, but still at the beginning stages. Judging by the speed at which we're falling, it will be deeper than the greatest depression. Judging by many other social and economic factors, the coming changes in lifestyle will be more traumatic for the people.

p.s. I just made a vid about Obama's stimulus package. Please click on my Username.

[TheRedPriestofVenice]

sorry, meant to say: deeper than the Great Depression.

[chutubeme]

TheRedPriestofVenice,your right ! people will suffer but how they live their lifestyle aka MARTERIALISM !! well atleast people will have to wake up

[Guiatuss]

In fact, we the people will champion this change due to our need for life to not change from what generations have known before us. We are going to be excited and greatly to see this change in or life

[TheCZMan]

Ah it is done... Now this guy is president and thoughts on his actions can be taken.

I wont lie that I prefered McCain who seemed to me a more straightforward man but as a second thought,a president dedicaced to bring change is much better. In four years, not much would have changed, proving that the US cant be changed.Without a president of this kind, there would have been people to hide behind a possible change. With this guy in office and change proven impossible, truth will have to be faced

[sarnecki21]

Change will come if the powers that be will honor the oath of office. Obama being sworn in now....

[Guiatuss]

I think on this day CHANGE has come. Our Constitution will be one where it will openly and clearly Abolished-done away with, for what the elite define as a new and global union for a better world !

[sarnecki21]

There are too many people losing jobs on a daily basis to bother calling this a recession. I cannot see a recovery any time year with the onslaught of job loss alone - with lots more to come? IMO this year will postpone the blow for a short time before total collapse sometime next year.

[jamesandhoa]

The only reason you see lending free up is do to the amount of money or credit the fed has been injecting in to banking system "tarp, 700 billion bailout, etc ,etc put in A dollar and you get A penny. How long will this last?

[ungiving]

But we gotta stop these bail outs. Giving money to things that fail so they can fail more? Best thing for GM is to go bank-rupt and get off the Union.

[ungiving]

not alone. Every one thinks the president does everything, which of course lead to bush being blamed for everything like Katrina which was it's mayors fault. Bush was pretty bad but not as bad as they say. not a worst president still bad.Economy partially was his fault but only 10% was is(which is still a lot for one man) most of it was caused by our do nothing senate(Pelosi) and Freddie Mack and Fannie may.

[hermbilliamherm18]

another good vid! i agree dollar will collapse!

[davincij15]

The solution is very simple. break up the banks and give the money to people that did things right.

But NOOOOOO it goes to the people that fucked up in the first place.

[DEMCAD]

lol...plenty much.

[centervilletn]

I grew up in the 70s...recession, stagflation, high unemployment and this is nothing like that era. We had a manufacturing base that still provided goods to most of the world, things like DAP, Zenith, Emerson Electric, Levi Straus, Arrow Shirt, Genesco Shoes...the thing is we do not make anything that in and of itself is capital...we only consume...and sell hamburgers. What manufacturing that still exist is limited to assembling foriegn made parts for items to be sold in the U.S.

[centervilletn]

during the last serious recession we also still had a lot of room for growth..with the deindustrialization of america we cannot pull ourselves out of this mess. America used to build all the heavy equipment necessarry for building cities, digging mines and moving mountians...we have no mines to speak of, we shiped off all of our recyclalbe metals to china and we dont have a decent machine shop capable of building the machines necessarry to equip such factories. doomed..doomed..doomed

[elgringote3]

super depression

[centervilletn]

Great vid again! For a year on YouTube ive been watching videos regarding the doomed and failing dollar....they seem to deny the truth untill its undeniable...then and only then do they begin discussing the reality of the situation...

[doucmpuppiespn]

AMEN! When the problem becomes more unbearable than the solution of the problem, only then will we change. Not Obama's change, our change.

[kahunabear]

This sure doesn't feel like the typical recession. BWDIK?

[sailfished]

I am way pro 2nd am. but this explosion of scared 1st time gun owners gives me pause to think that there is big trouble coming, the decision to pull that trigger is huge ,have they really thought that through? I have lived in the country all my life ,am comfortable with firearms , but alot of folks have no idea what they are doing . anyway ,thanks Reginald ,I hope that the $ doesnt crash either but it looks grim , later, peace

[jehnubis]

Thanks for the post Dem! The Bush/Clinton era is over. Obama is not as well connected as the Bush/Clintons were. Obama is on his own, from here on out! Obama's 15 minutes of fame is OVER.

I predict the DOW will go under 8000 points, by the end of this week

[DEMCAD]

I'll remember that. You said DOW under 8,000.

[jehnubis]

I guess the DOW goin under 8000 by the end of the week was sooner than i expected. It closed under 8000 today!

[donaldsonb]

I second that.

DEPRESSION, DEPRESSION, DEPRESSION AND DEPRESSION. That is where we are heading!!!!!!!!

[centervilletn]

already depressed...im not sure whats after depression? The Second Dark Ages?

[jamesandhoa]

It's when the dollar " The World's Reserve Currency" collapse and all other currency falls.

[Frequencitee]

Inflation of prices and contraction of spending is going to bring the global market to a halt. The trickle down theory is bunk, because the dollar wealthy are waiting to scoop up deals a bargain basement prices. The Chinese Yuan is poised as the new peg on the block.

So, deep depression is what we're getting and no help from Uncle Scam. Next, look for massive tax revolts.

What we need is a major push to innovation, especially in the power sector; solar, wind, geo-thermal, etc...for jobs.

[DEMCAD]

Solar and wind are not practical. Those technologies require more energy to produce them than the energy you will get out of them.

[Frequencitee]

A job is a job when there aren't that many to be had.

And, there is a Ten-year backlog on high-grade polycrystalline silicon used for solar panels. IOW, the companies who cultivate the end product can't make it fast enough for the markets needs.

[timelesstruths]

thank you

[YouMockMe]

Well with your last report (thank you) the issue with gas will kill us. That will hurt the dollar that much more. Honestly, now is the time to start farming because soon we will have another crash unless Obama has a good kickstart. Actually I like what the Chinese and Tiwanese are dong, giving hundred dollar coupons out. For us thats perfect b/c our economy is based on spending and thats all the kick start we need.

[hugolp]

Obama is saying exactly the same Paulson said for the TARP. It would be funny, if the taxpayer would not suffer it. Its ridiculous.

[kent6608]

Hello

Great videos. Thank for the information. I live in Sweden. How will the probably collapse of the US economy affect Europe? I have Another question. Have you heard anything about OPEC countries creating there own currency and central bank? I heard that somewhere. Keep up the work. Peace!!!

[hugolp]

Europe will be very afected by the dollar colapse. The only good part is that Germany is "strong", and France kind of.

About the OPEC currency, I see more the chinese currency tanking the place of the dollar. In fact, in December, China has started using it to trade with 8 countries (including Russia), as the first steps in this direction.

[DEMCAD]

Some people are predicting a global depression. Personally, I don't think it will get that bad in Europe. I think the EU will have a deep recession, but they'll start to recover by the end of 2010.

Granted, I'm no expert, but I think the EU is healthier than the U.S.

I don't know anything about OPEC. But if Saudi Arabia ditches the dollar, an OPEC central bank may not be a bad idea.

[TheCZMan]

"I think the EU will have a deep recession, but they'll start to recover by the end of 2010.

Granted, I'm no expert, but I think the EU is healthier than the U.S."

You made me laugh. Thanks. Do you know what political/economical projects European countries have tried to carry out over the last two decades?

Becoming like the US/UK. It was the main imperative: we must head for where the US/UK are heading.

Well, the final point of this plan can be easily figured out as no European countries

[TheCZMan]

have any of the comparative advantages the US has (USD as a world currency plus the capability of coercion through the US army) or UK has (a dominant position in the banking system (embodied by the City) inherited from the colonial imperial times))

[Bassmarko]

There is nothing typical about this recession. Like I said we have so many dominos left to fall that I can't imagine we can be talking about recovery right now. This may last as long as 10 years and the bottom could be a couple years out with many years of stagnant growth.