COLLAPSING
19:35
Added: 3 years ago
From: visionvictory
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  • We half to go back to the gold standard, abolish the Federal reserve and start a buy America campaign on a massive scale just for starters. We should also arrest the fed chairman and treasury chairman.

  • Comment removed

  • 1. Manufacturing jobs and other good jobs are outsourced to slaves

    2. Credit cards used to pay for consumer goods

    3. ?????

    4. PROFT

  • At one time we had Reagan, Johnny Cash and Bob Hope.

    Now we have Obama, No Cash and No Hope.

  • The crap we buy is made in China and it is crap. China has our jobs...we buy crap.

  • its right on bro...excellent

  • we keep abortion legal in this country..trust me when i say that the stalemate stock market is indicative to matters getting worse...repent,or perious..accept jesus christ...ecape the wrath ..

  • NO NO NO NO Your wrong...

    our doller is strong

    its backed by gold!!!!!!!

    and the clouds are red

    and obama was born in the US!!!!

  • Focus on whats going to make it better.

  • Sure has been collapsing a long time, eh visionvictory? This isn't a collapse. Never was, it may feel like one, but it's not. This is redistribution of wealth from the private sector to the public. The consumer based economy is shifting to a government based economy. To the consumer, it may hurt for awhile, not having the choices we use to, being taxed for things we do not benefit from yet, but still, this is being spun by the news as a unavoidable recession. It's not one. Good post though.

  • Fear and lack of faith are causing this crisis. The continual doom and gloom is being preached, people get scared to invest and it will turn around as soon as we get good news. Allot of it is inadvertently brought about by republican Discontent and Democrat Pride. There is a Vail over everyone's eye's. Be true to ones self and SEE. If you love your spouse tell the truth, the real truth. If they forgive you: You then have real love. Pray for god to help you see. You will! Truth in Light.

  • One investment being over looked are 'real things'. Like tools/equipment that can be used to actually do work for you or someone during hard times rather than a silver bar that would be of little help. Also food which he has spoke of.

  • The way our system works is bound for failure. The numbers they feed us our

    is pie in the sky numbers. You are so right this is a house of cards, so lets

    spend more on the military, buy a gun instead of eating, good call!

  • They Fed doesn't even report the money supply anymore? It must have gotten really out of control.

  • WHY the HELL doesn't he have a DATE/TIme on this video?

    Is there someplace to view the date/time a video was made?

  • youtube stamps the date in the upper right.

  • It is 14 nov,2008- it is mentioned

  • us money is not based on gold!! its a privately owned FED printing it! WAKE up to the NWO assholes the system are made to control/enslave all but the ELITE!!! get real and stop beleiving the "NEWS" its not a American problem its a war on the world started by the elite in the US and Europe

  • yeah ive become convinced the US FED is playing with the entire world with its 10 gazillion dollars of fake money.

  • go vv!!!!!!!!

  • VISIONNNNN

    Victoryyyyy

  • :) thx for the support

  • wow, a bear in the worst bear market history. I'll give you some credit when you call the bottom. later.

  • what does it mean to be a youtube partner?

  • i am loading up on pork boodion futures- pork roast is going to $10,000 a rumplestilskin

  • Gold-backed SDRs with a devalued dollar and a revalued Yuan, coming soon.

  • they crafted this crisis to bring people subordinated to them. The big word is not CHANGE, but C O N T R O L.

  • You hit the nail on the head, but some people can't see the forest for the trees.

  • how is that crash comming, LOL

  • Its going great, look at my vids. Since I made these calls the dow is down 50%.

  • Your right, people get stuck on the day to day moves in the stock market and HYPE for CNBC.

  • Buy a shot gun 12 Ga, pump action, learn how to use it, get some farm land in a remote area, start farming, have a stock of gold and silver coins, and an open date ticket to austria or switzerland. Stop being delusional, throw away your TV, and get solar powered SW radio, water filters. and learn to survive in the woods!!!

  • @kotpet

    so had i followed your advice a year ago, where would i stand now?

    please don't get me wrong, i am all for liberating America from consumerism and an unsustainable lifestyle but at the same time, it is a discredit to the "cause" when people get abnormally brash and start making extreme predictions which don't come to fruition in the time span they claim, let alone at all...it makes it hard to distinguish between legitimate concerns and exaggerated conspiracies

  • Start growing food.

    Buy a gun and ammo.

    Start thinking of your education outside of schools.

    People will not need the stuff you sell or service soon... so get a grip and get a real offerable and unique and wokring skill.

    Theres a lady and a gentleman who jusyt opened a candystore here, god help their idiocity.

    The market falls, everyone will have no money to eat, start growing food and stock up now.

    Stock up now on staples.

    Buy ammo

    Buy used books

    Buy silver or gold/platinum for big purchases.

  • @cracktroop75

    so had i followed your advice a year ago, where would i stand now?

    please don't get me wrong, i am all for liberating America from consumerism and an unsustainable lifestyle but at the same time, it is a discredit to the "cause" when people get abnormally brash and start making extreme predictions which don't come to fruition in the time span they claim, let alone at all...it makes it hard to distinguish between legitimate concerns and exaggerated conspiracies

  • FYI, the great depression saw the masses eating from trash bins, God help we will not go the route.

  • there already are people eating out of trash bins

    Here in canada, I know many human rights groups considering options of housing and otherwise giving people a place to stay that flee across the northern border... i just hope everything holds out until it warms up - it's still snowing up here.

  • If Dow is going to 1500, that means gold is going to be 1500 an ounce ?

  • "While the economic situation is getting worse you should look for real solutions..IF YOU DON'T FIND SOLUTIONS HERE IN HEARTH THEN LOOK FOR THEM AT HEAVEN."

    Could you religious fucknuts please fuck the hell off and grab a brain? Because no one listens to religous fucknuts anymore. Sorry. Nice try, tho. Every religion on earth is already dead. Look around.

  • EmpireStrikesOut - every religion on earth is already dead? Are you kidding me? We have fanatical (and false) christians attempting to manipulate the government to control the lives of others - and voting into office the greediest men, thereby causing global meltdown. Not that I'm a fan of Obama, but Bush did this. Second, we have radical, insane islam trying to take over (research what they're trying to do in europe) and banning all speak against them. We're in a lot of trouble - a whole lot.

  • More Americans say they have no religion

    By RACHEL ZOLL, 03-09-09

    A wide-ranging study on American religious life found that the Roman Catholic population has been shifting out o of the Northeast to the Southwest, the percentage of Christians in the nation has declined and more people say they have no religion at all. Fifteen percent of respondents said they had no religion, an increase from 14.2 percent in 2001 and 8.2 percent in 1990, according to the American Religious Identification Survey

  • While the economic situation is getting worse you should look for real solutions..IF YOU DON'T FIND SOLUTIONS HERE IN HEARTH THEN LOOK FOR THEM AT HEAVEN. WATCH MY VIDEOS TO FIND OUT HOW.

  • @jususmakesmiracles:

    #1, it's JESUS, not JUSUS.

    #2, it's EARTH, not HEARTH, stop plaing world of warcraft.

    #3, you don't even KNOW if there's a heaven. You believe it, but if you're alive you don' t KNPW what happens when you die.

    #4, even christians don't look to heaven, they look to their God(s) and pray to Idols.

    The economic problem has no combination with religion except to keep in mind how your christian gluttony is bringing hard times on your own people.

  • Owning stocks is a LIE. Its has degraded to a casino. What GOOD is owning a stock that does not share its profits (Dividends) . A stock that does not have a dividend is a LIE. A stock is nothing more than a slip of paper you get when you pick horses at the race track.

    You are correct, we have become a "credit/debit economy".

    When money is made by what we do, not what we borrow, then there is hope in money.

  • Good job...the greatest transfer of weath taking place right now!...Buy silver and Gold!

  • oh ya by the way, how did u go so long past 10 min??

    id love to do that - 19 min, nice!!

  • What I mean is, god forbid, what role will radical Islam play in this economic mess?

  • WOW, intense video!  Where does radical Islam fit into this?

  • "Radical Islam" has nothing to do with the collapse of the U.S economy.

  • the US will be a dictatorhip with Obama as the leader.

  • Personally, i think the Financial crisis is a lie, and i think that the Government are lying to us, just so they can Allow the New World Order. Maybe there is a huge conspiracy behind the credit crunch and banking system.

    It is possible, considering how Corrupt the Government are these days.

  • You may very well be correct. The trees are still making food, cows are making milk, there is no REAL crises, other than the money game is coming to an end because too many cheaters

  • Yes i believe that this crisis is an act of Government, and nothing more.

    The UK Government constantly lie to us, steal money from us and take so much taxes that nobody can afford to live anymore. It's just so corrupt, and i wouldn't even care if someone flew a Jet into our houses of Parliament. I believe that people should live Inedpendently and be happy, but all the Government want is to Control us. We should go to war with the Government, because they are the REAL problem.

  • I heard the stimulus will add up to a hundred billion catrillion spillion dillion dollars. I just wanted to hear that with the audio preview. maybe more though

  • if asset prices continue to fall and the DOW goes to 1500 then how can gold increase above 900? I believe gold will fall to the 500-600 then back to 750 then 225 by 2020.

  • The US$ will collapse & Treasuries and confidence will be lost in all fiat currencies then trillions will look for safe haven. what do you think will be left?

  • famous last words .

    gold is now over 900 and moving above 1000

    what do you say now about your forecast??

  • Gold will be worth something..how much we don't know. BUT the dollar will be literally worthless, this we do know.

  • good point:)

  • you are quite foolish if you think this revolution will be a bloodless one.

  • he has hit rite on the head consumers we are!we forced companys to leave due to capitol gains un-fair trade..fuck this the fox has been the hen house for to long. bigs banks are the winners

  • I am sorry if this might seem rude, I will tag my video onto yours because we need help right now with soon becoming homeless, this is a very desprate move and I feel guilty to ask for help and using other's videos to give a link to mine so others can watch it also but this is all in good because we are soon to be homeless... thanks for reading this and I am sorry if you are not into letting others vid response.

  • I approve all video responses.

  • VV: you need to tell the people about Codex Alimentarius. The UN will use the coming crisis to hide what they're doing to push Codex through- they aim to starve us.

    PLEASE look at Codex Alimentarius, etc on Youtube.

  • hey americans save this video cos you will not have money to pay internet hahaha and keep the build wall

  • A consumer based economy is not stable. Our dollar isn't based on gold anymore...pretty much it's been based on debt. lol

  • upto 9000 again, what crash? its so dumb when they announced jobless figures higher than expected, the DOW jumped up 400 points, its all manipulated, they using some kind of voodoo to stop the market crashing as it should.

  • search for the PPT. Plunge protection team.

    some people say it exists, others say they don't.

  • pfff what a crock. the markets not going to fail. 0h and the capitalist market doesnt work. canadas banks were rated no.1 in the world a while ago thats cause they had lots of government intervention and regulation.

    you sound like fox news, stop pullng numbers and words out of your ass and calling them facts, and get some real facts!

  • nah.. we just have alt-a and option ARMS mortgages that will be coming down on the economy in the next year(s).

    FED interest rate at 0.25%? that is just insane. 2009 will probably become alot worse as we have seen so far.

  • so...hows 2009 been going for ya. :)

  • better than the million plus people who have been layed off this year.

  • Dow rally continues..

    Trillions of Dollars on the side lines soon to be unleashed!

  • Davera - To the man in the street it all looks rosy, stock markets world wide having a rally, it's a good feel factor. Oh and yes trillons of pounds injected into the economy, wow it feels like Christmas.

    It's a great party, major major debt and guess what let's throw in another trillon, we are having the time of our life, hang on though, pity tomorrow comes, cos that's when we are going to get the big hangover, never mind though, eh, let's live for today. thanks for the rose tinted glasses.

  • This is 1929 in a Ferrari!

  • I say Dow bottom some where between 300 and 50.

  • Lost jobs in Nov 553,000...jobs that went from full-time to part-time over 600,000 market goes up over 259 points??!! Over a million workers went from reg full time to no or pt jobs and market goes up..BS!!!

  • Why? Cutting down the workforce is usually good news because it decreases the salary budget thus increasing the benefits.

    For the same level of incoming sales, profits will be higher with a decreased workforce and nothing proves that a complete workforce would have increased the sales.

    And the market reacts to profits perspectives, nothing else.

  • That bull..I used to work on Wall St. Back then this kind of news would have made the market tank. Your ignorance is showing about economics. Your post makes no sense. Based on what you stated the market should be at 15,000.

  • What? You worked on Wall Street and you dont know that a workforce decrease is good news for a market because it is an omen of larger benefits?

    Ummmm well... Based on what I said, I would like to know how you quantified the rise of the DJ up to 15,000. Will be eager to read that so feed me with your insight.

  • So again based on your logic, if umemployment was at %50 percent things would be even better?

  • First of all, it is not my "logic", it is the market's "logic", observed and observed again and over again.

    The market reacts to the predictions of profit.

    Cutting down the workforce is good news because it is an omen of profit.

    Read back my comment or on the topic. I am very surprised that someone who worked on WS does not even know this very basic fact.

  • Well all, have to go, starting to fall asleep at the keybord, yikes !! :)

    Good night.

  • i had a dream a few nights ago that was more like a vision..i dreamed that people were living in storage facilities set up with communal restrooms and showers...it was almost real...i woke up with that feeling you get when you are a kid and are about to be in big trouble...just sick...

  • What we witness is surreal at times my friend.

    Saw a gentleman today who takes care of the homeless in the Chicago area, apparently, he moves them into foreclosed homes. They only have to provide electric, if they can not, their organization provides solar panels.

  • im really looking forward to an update from daniel...i need some of this info digested so i can get a grip on everything..he is a great teacher...

  • Yes, check in once in awhile to see if Vision has updated. He see with clear eyes.

  • thx

  • you are welcome my friend, it is good to hear from you.

    Hope the move went smoothly.

  • Uploading now :)

    Will Post early this week from my new home and every friday after the market close. Look forward to going over all the news this week.

  • That is good news vision, look forward to it.

  • Dow 1,500 >>>>> NEVER GOING TO HAPPEN

    The Fed is going to take the over night rate to ZERO!

    Dividend paying stocks will be the only game in town.

  • Daverha, please never go away and continue posting your comments. We need some comic relief. I enjoy reading what you have to say here. I really mean that.

  • i wish theyd print cash and pass it out on street corners...thatd be nice...heck benny could just drop it out of a helicopter....i think they should have negative interest too..pay banks to borrow...that be pretty neat too..and the banks could loan us money and pay us interest on the loans.hey i like the world you live in daverha...and those pills you take.what are they called id like to get a few for myself.your ok dave.i dont care what your friends say about you...we'd ask them if you had any.

  • Cash is King.... so invest in Zimbabwian dollars.....the country is thriving, it has almost full employment and the people are healthy and happy.

    The man who runs the central bank a MR G. Gono is a genius.

    I hear Bernanke calls him daily for advice on how to fix the printing press when it overheats.

    Mr Gono - we salute you for showing us that Weimar was not a myth and if you are interested i have a storehouse of zeros i can sell to you. These zeros come in handy!

  • I think when the US defaults on its debt - all hell is could break loose in the financial world....it seems the US govt is hanging by a thread at the moment......

    It is gonna make 9\11 look like childs play.

    This confidence trick the US has pulled since 1971 is gonna come home to roost!

    When the US dollar collapses there may well be a civil war in the USA as most people carry weapons...and they will be marching to Washington for blood.

    Then we will be living in a new world -

  • A local Houston expert points out that there is a difference between a 'financial event' and an 'economic event'. People who had money during the Great Depression(1932-1937, not 1929) made BIG money.

    He said when the DXY drops to 80, buy commodities.

  • The sheeple are waking up. 75,000 views.

    I remember when Daniel had 200 views per video.

  • Since there waking up now, please tell Daniel to mention Great Waves of Change Prophecy.....that is what they need to hear, not financial crap......tell em, the people need to here the way it REALLY is.....you can't eat gold or silver....I hope the Flock is waking up, time is short now, it is over, Daniel doesn't know the 1/2 of it, or maybe he does and that is why he is gone!

  • Yeah...I saw that too. Basically, that is what our Dodge dealer is doing. He is selling $20,000 full sized pick ups for $9997.00 Man...when Chrysler foes under will they sell for less?

  • Fire sale for sure, but first they (big Three) will try to export them to more stable markets Its all obout survival in this musical chairs enviornment.

  • i havent seen that sort of sale here...id have bought a new truck if i had...but no such luck ...i dont want t dodge ...a silverado or f150...

  • Honda has withdrawn from F1 racing in order to conserve cash.

  • 'Honda has withdrawn from F1 racing in order to conserve cash. '

    Good to see them attack REAL spending issues.

    Not smart to be penny-wise, but dollar foolish. So cut out the big fat of budgets.

    Fedex will NOT be running SuperBowl ads next year ($3M / 30sec).

    Perhaps others should follow suit and eventually stop paying NBA, NFL and hollywood celebs.

    If I want entertainment, I will watch Ron Paul drill Bernanke. I would pay to see a cage match.

  • Karl Denniger - very good read

    Unemployment at 12.2%

    market-ticker. org/authors/2-Karl-Denninger

  • ...Yes, the "U6", still it seems higher though.....

  • hey taz...thanks for the response..still out of work here...tennessee has over 200000 folks out of work...and the little town i live in has 20 percent or more in my estimation..just talking to folks i know...about 1 in 4 are out of work...or have been reduced in hours...its all falling apart here...someone actually stole 4 ricks of fire wood from behind a rental ...in broad daylight...half my rentals are empty...and the other half are late on rent...there is a panic brewing...sad and scary

  • That is too bad my friend.

    Here in NY, it starts to grow grim.

    The local manufacturers laying off or shutting down, sheetrock/ gypsum makers, paper plants, and others.

  • i saw you talking about labor numbers...did you read bls numbers this week...12.5%...add all the people whos benefits ran out and we are about 15 percent...

  • I was thinking around 18% or higher.

  • there are some post out of canada saying that some of their cities will be at 30% by january...i have them favorited....its pretty dismal....canadian pm has suspended their legislative branch untill elections next year...

  • ...Yes, heard about that. GM alone closed a truck plant and now, goes after the car plants.

  • The job layoffs are coming quicker.

    I have not found work at a "clock", rather, things must still get fixed, or changed, wired, etc. Fortunately, I can do these things and more. Thank God.

  • ive been doing the same...electical work..helped rehab a house after a fire...things to stay busy...and trying not to cogitate on this too much...making use of my time ...

    that canadian tuber is johnqpublic007..they are good videos...

  • Good, man...

    Have to stay busy, hey , if you get paid to boot....

    Our lives have changed.

  • funny really i have a masters degree in education, curriculum and instruction, highly qualified licensure and a special education certification...10 years experience working with emotionally disturbed teens yet no job for 100 miles...thank God ive done a lot of things in my life...i even worked for the Department of Labor and Workforce Development as a "career specialist" and the Department of Childrens Service as "family support specialist". State hiring freezes, schools using subs.

  • "masters degree in"...

    Your well-roundness will help in the time of tears center, that is what I have come to name it.

  • i grew up the oldest of 7 kids in the rural south...you had to learn how to do everything...we didnt have money to hire folks ..ive done farm work, electrical and plumbing, mechanical and just about everything else you can imagine...even made moonshine...im thankful my folks made us work or id be screwed for sure...

  • center, wow, I am the oldest of eight, no wonder our plane of vision is similar. Yes, the "hands-on" work will be the new "thing".

  • "johnqpublic007", on youtube?

  • yeah a youtuber..johnqpublic007..cana­dian..

  • Bank number 23, and counting....

  • Happy FDIC Friday :)

  • hey taz...how are ya...what bank are we talking about...those of you in gm cities id be pulling out my savings if i had any...oh and your houses...hate to tell you but they are fixing to really take a dive in value...

  • center,

    Thanks for the response. Good to hear from you. Things go okay, living on the edge. As many now. No, i do not live near any "gm cities", thankfully, but still, many seek food pantries...

    It happens....

  • If the big three get a bailout, there could be a a stock market rally. If they flood the system so everyone gets bailout, stock markets go up and agricultural commodities go to moon. ( not talking about Oil )

  • i have never bought a stock in my life. how does one buy agriculture commod's? thanks in advance.

    c.

  • If you have zero experience in the market: now is NOT the time to start playing. All those gains come at the expenses of poor suckers that get poorer for playing a rigged game.

    Anyone looking to swap paper receipts saying they own 'something tangible' behind that paper in the pursuit of a quick buck needs to be aware at what risk is at stake.

    you want to purchase commodities?

    Good. Go purchase some organically grown heirloom seeds. Even if you do not plant them, you can resell in the spring

  • ive never had any experience with the stock marker but im in a portfolio compitition in my school (using fictional money with the real stock market) and my team has made $66,000 in the last few weeks:D. the guy thats in first in the country is up like $200,000. This market is awesome if you know what your doing.

  • Anyone know when VV is going to do a new video? Last I heard he was moving house.

  • purenirvana, VV posted this message 2 days ago:

    "Greetings and Happy Holidays!!!

    I recently moved and will not have the DSL until December 8th. I plan on making a video on the 8th or the 9th.

    Thanks again for all the support:)I look forward to talking with you all soon."

  • it does seem that the market has formed a double bottom and is even rallying on terrible news ... time to sell gold and get back in ? seems like the market lows might be behind us ?

  • plunge protection team in action...

  • is there really a PPT ? - I thought it was myth/conspiracy

  • it seems that the ppt was created under reagans administration after the 1987 crash...and has been implemented several times between then and now...and if (according to the expert) you look at trading during the last several months..particularly around the 10th of novemeber it seems obvious that there was some sort of gov. manipulation. it is also seemingly easy to see the manipulation if you look at the dollar index and see the spike straight up since 0ctober. inconsistent with the pattern

  • Dow up,Dollar up,Treasury market up and mortgage rates are falling.

    Oil DOWN,gold DOWN

    LOL @ the kool aid brigade!!

  • Daverha - I really admire your optimism, and let's be honest we do need cheering up, we have had a pretty rough time. Just let me know how you feel on the 1 October 2009, be nice to hear from you then.

  • everything is peachy dave..why dont you go watch some dancing with the stars...all this sunshine being blown up my arse is beginning to burn....

  • Do something useful with your life and Google "money as debt", if you need entertainment watch "V for Vendetta".

  • Kidbilly...They are offering full sized dodge Pickups in my town for $9997.00 That's an automatic, V-6 with a/c and stereo. Should a person buy now or do you think the price will go lower? I hope you got a good buy-out....same thing happened to me 4 months ago. Lost a 28 year job with CITGO.

  • Cars are very likely to go down because:

    -current stocks are oversizing the current demands

    -people might be forced to sell their fourth or third car to get some liquidities

  • I saw last night where one dealership is having a "buy one get one free sale" on pickup trucks. That is amazing to me.

  • California Eyes IOUs for Second Time Since Depression

    The warrants would be given to landscapers, carpet cleaners, construction firms, food-service companies and other state vendors. They would pay an interest rate of as much as 5 percent, based on state law.

    US repudiation of debt can't be far off.

  • I just took a buyout from Chrysler. 50% of the cubicles are empty - very little engineering staff, purchasing & procurement/supply are completely gone, assembly lines without supervisors.

    Its over for Chrysler. There is hardly any staff to run the daily operations. They are just waiting for a bailout to hoard the cash, and file for bankruptcy. I bet incompetent Congress has no clue to what's going on.

  • record low on pound/euro is 1.1461 it is less then a pence over that now.

  • good work vision.hoping i could be comment #1000.also hoping that you could do at least 2vid`s a month.your right, this cannot be compared to great depression, unless you want to call this the great great depression.this has the potential to be/get worst.the facts are we are going to be in a sustained recession.where we go from here,we ll have more of a idea by spring 09.keep up the good work.

  • .telegraph. co . uk/finance/economics/3546471/C­hinese-economy-1930s-beggar-th­y-neighbour-fears-as-China-dev­alues. html

    China to devalue currency

  • J,

    Everything the Chinese Communist Party is hiding will soon unravel and the world will be soul stirred. I use those words "soul stirred" but Not lightly.

    My "China" comments gets shunned,i know since this is an Economic and American Channel,and i do respect, even when i dont agree sometimes, that each person has free will to say what he/she wants and sharing wisdom compassionately is Virtuous and builds a human bond that we need now for soon..

    Certain Things in China will be revealed..

  • what i mean is that even though i dont agree with some comments, everyone is free and we can share and learn from each other because liberty and justice still exist.

    Morality has not died yet, even though it is on its death bed.

    Faith leads us to a better fight for what is right; but a fight not fought with sword (i gave mine up a long time ago), but with Heart and Non Violent protest.

    For almost 50 years Monks have been tortured, raped, and killed, and still remained non violent in protest.

  • just a question. if Japan owns more treasuries, how do you think they would react if China devalued our dollar? I thinks there's more to the bailout than the media is sharing with us.

  • mitchee, I agree with you. Diversity, opposition, competition, and disagreements are all healthy ways of finding truths and reaching goals. I do not disagree with you for the most part on what you have expressed, I simply do not agree that the US will be a saviour for any country. True triumph only comes from sacrifice and pain. If I see someone posting "opinions" that are only meant to instigate a fight, I will call a spade a spade. Peace

  • "True triumph only comes from sacrifice and pain". You are right Jason. Without taking Hardship as joy, and enduring suffering, how do you earn the right to a peaceful blessing?

    "To err is human, but to recognize the error and correct it and learn from it gains respect from others. "--Mencius (372 289 BCE).

  • I have always believed that, (and most people will disagree), that Human Beings are inherently moral and that is why Mercy for the lowly and weakhearted is better than being a fly, in the "Lord of the Flies." When there are no rules to order things for a time of panic and dispair and anger, the Dark side of the force in humans, creat catastrophes in the human world.

    Something in some eyes, me its G-d, has created us and can destroy us just as easily... But i have faith in Humans.

  • mitchee009, I agree 100% that China's involvement with U.S. trade is infact the reason why our country is in financial trouble. China is relevant to the discussion. The majority seem to be dealing with the immediate situation. which is the credit crunch, fed deficit and the devaluing of the USD. But before then, there are also bigger causes, backing the dollar isn't enough.

  • "Certain Things in China will be revealed..."

    Dont worry, certain things in the Western world will be revealed too and I really wonder where you will be when they are going to be unveiled, resurfaced or stuff like that...

  • China is a mess. There will be blood in the streets soon. About the only chance the Communist party has is to foment a war in order to divert attention from the MASSIVE disparity between the poor and the rich. America may not be far behind...

  • mr mitchee. pretty good show on CNN tonight. amanpour doing some show on genocide.its called scream bloody murder. accounts a few places such as bosnia and tells how the world turned away

  • Hello Mattessj, my friend. Hope you are well brother. Yes i heard about this show on cnn. I believe that to fail to support and defend good and fail to expose evil is unacceptable. People are indifferent and have turned on deaf ears, in order to take profit and power OVER human life.

    In 2006, David Mattas Esq. and David Kilgour Esq. presented CNN with the Illegal Organ Harvesting report committed on the Falun Gong in 36 death camps in China. CNN refused to air it and concealed the facts.

  • Bailouts are simply the elites trying to grab as much money on the way down while the average person is distracted. We are going to see major things happen in the next 6 months to a year. Even in a best case scenario, we are all screwed. Prepare for the worst, hope for the best. It is almost laughable how obvious the plan is. I have had hope in the past, but this is going to spin out of control.

  • Everybody think on this with me. If our gov't bails out the auto makers, are people really going to start running down to their nearest dealer to buy a car? If the car makers are about to run out of money now, how will they turn it around in 3 months? The economy is getting worse by the day. People are losing jobs everywhere. People aren't thinking about cars, they are thinking about how they are going to pay for their next meal. Bailout=our tax dollars down the drain. Bailout=insanity.

  • I have been in the rental business for several years..and i have more places empty than ever before and im not getting calls on them either...nearby town has so many empty apts that the landlords are waiving first months rents and deposits just to get occupancy...im telling you folks ive never seen a anything like this...its going to get bad and soon...where are all these people going?...how long before they are on the street?

  • I used to deliver mail in the inner city, and this was in the late 1980's when the economy was good. Even then I saw three or four families living in one apartment. Maybe that is happening on a large scale now, hence the large increase in vacancies.

  • Is it wise to put your money in fixed deposits in India (Indian Rupee), in case of Dollar collpase?

  • it will do better than the usd.

  • Lindsey Williams new predictions. US defaulting on its debt within one year.

    watch?v=kQ2pVDZNJug

  • lindsey is about 2 months late on his prediction..GEAB predicted it on October 16th...check out their newsletter..google leaps geab 2020

  • I have Geap leap 2020 saved on my favorites list :)

    Oil rich countries will not be able to finance our debt with crude at $40 a barrel. A game of chicken is being played.

    It was genious for the feds to drive people to the dollar by first making it weak and causing the crisis in the first place.

  • GEAB- genius- illiterate

  • If the big three declare bankrupcy, we could be in for a nasty correction. But the bankrupcy is much needed. Otherwise tax payers dump their money into a sink hole- that will have even worse consequence.

    GM Job bank is unreal - no work and good pay is a dumb idea.

  • the plunge protection team will control the correction...

  • I see a complete and total collapse of the US. OK, so we run out of money, we now are going to pull out of Iraq because we have no money, but that is not the problem. The problem is that when farmers cannot afford to buy fertilizer there will be no food in the store. People will starve.

  • The Dow is exactly where it should have been all along 8K.

  • Welcome back Daniel, looking forward to your updates!