The devil is losing and at the end will be judged for all the crimes. Live at the full in the freedom of GOD (praying in a right form, following the INSTRUCTIONS in the Bible - keeping the 10 commandments - including keeping the Saturday as the 7th day etc.) instead of in the incapacity and deception of devil. Jesus Christ is the savior, love and hope.
In history, the once mighty Ming Empire ,responsible for the Cheng Ho fleets that sailed to the Middle East, collapsed under the impact of inflation after the introduction of paper currency replacing gold and silver. Economic forces can play havoc with peoples' lives. Lets hope America will not go down the same road that nudged and caused downfalls of the Roman Empire, the Chinese Empire etc
We have exterminated the property owners in Russia.We are going to do the same thing in Europe and America.
(The Jew,December 1925,Zinobit
This is the most amazing book ever written by men.Read the book for free on internet to understand what those from Synagogue of satan(Revelation 2:9,,3:9),have plan for America and Europe.
we were promised economic prosperity and lowered prices and now we're one of the most expensive countries in the eu, sure we have good wages but everything alos costs heck of alot more :D
Or floods and forest fires should create sufficiant loses to crash the Euro.The heat waves of the next four years may kill thousands and create droughts that will cause live stocks to die.By 2015, the armies of most countries may have to help maintain their countries infrastructures due to a lack of healthy civilians.By 2020, the conditions for stable governments may collaps,and only high officials of the UN may circulate freely on the dying planet for Global Catastrophy Relief Planning.
What does the American do who has money in the bank to ensure their future "purchasing power" for "things"? I know its a trigger phrase for panic but do you pull out your dollars and buy land and chickens and other necessities? In the end its about what you get with the money right? Can Americans think necessity first? I'm just sayin'... nice post brother.
Big brother is doing everything he can to prop up a country built on a house of cards. Everyone knows that the US gov bought 1 trillion in mortgage backed securities.....RIGHT? How much of that paper is very very stinky? I would bet a lot. Also the funny money programs to prop up the stock market and put an artificial bottom on the housing market will have to end. Or maybe we can raise the debt limit to 20 trillion and kick the can down the road. This country has truly lost its mind. bleechhhy!
This is a preplanned staged set-up to implement the Amero dollar! Inside job folks! First the economic collaspe, then the Police Sate, then the Amero implementation, then finally a one world government... Then the Mark of the Beast.
North American Union, NAU first proposed by the Rosicrucian secret society in 1916 not fully executed, but soon could be. NAU has to be completed for the capstone reflected on American currency to be set. Presently, the "all seeing eye" (Evil) is above the partially completed pyramid. When the US dollar collapses, the fix will be aligning Canada, America & Mexico plus convert to the Amero. NAU, AMERO is the major capstone event for satanic NWO proponents.
The Euro is in as bad of shape as the dollar. Gold and other precious metals are soaring in price as paper currencies throughout the world have become suspect. All this being orchestrated by Illumanati fulfilling their "Masters" plan. They have infiltrated and corrupted all Governments and the World Bank owned soley by Rauthchilds controls every currency on the planet. The Amero was printed in 2007 and you can buy one on Ebay. You can also buy a Bible.
@waketheoblivious - Well the € is currently stronger thyen the dollar so I wouldn´t say so and the British £ is 2 time better then both the Euro and the dollar. I mean it sounds right for me.
@waketheoblivious - The only thing I hope the United States does is keep strict immigration laws on Mexico so they don´t fled over here. I predict A sort of border war.
Keep doing your homework my friend. You may be right on your thoughts. The Illumanati plan which they are now brazenly candid about calls for mass genocide. The various Satanic groups that make up the Illumanati are all pushing for an Evil New World Order. Global Warming is complete bullshit and has resulted in climategate. Study Jesuit history and why Madam Blavatsky a self admitted Satanist referred to the Jesuits as "more evil then Satan". Hitler adopted their 5th Oath.
Am elder member of an Indian tribe sat next to a young boy by a fire. He explained when born we have two wolves, one good/one bad that fight within us. The young boy then asked which wolf wins? The elder replied, "depends on which one you choose to feed". Regardless of the diet, the wolf that lived was the one that got fed, vegan or not vegan makes no difference.
Shit, we can shoot our way out of anything! Lest it be a virus, nuclear reaction, or a well spoken muslim terrorist pretending to be a traveling businessman. Personally, I miss the good ole days, where beer was cheap, men worked for their living, and a mans word was all that was needed to start an endeavor.
War fixes nothing. As you can see in past history.... But yes world war 3 is inevitable. But sadly people will still be eating big mack's and having cold beers while the world is closing in on US.
the rushie herbert hoover neocons is the obstruction party of NO ... the neocons are mind controlled mega ditto heads ... they refuse to see 'wtc7 in freefall' on youtube ... because freefall means falling in a vacuum ... at the acceleration of gravity ... unencumbered by the friction of air ... like what happens when a bldg is destroyed by a controlled sequence of explosions ... explosive demolition implodes a bldg so it falls in its foot print ... 3 of 3 wtc bldgs did ... talk show conspiracy
the rushie herbert hoover neocons is the obstruction party of NO ... the neocons are mind controlled mega ditto heads ... the rushbo meocons, i mean neocons, wish a depression ... they blew up the wtc bldgs (see 'wtc7 in freefall' on youtube) and flew the passenger jet into the pentagon (see 'mineta 911') ... and you'd think that would have been happy enough with that damage to the country ... but no ... they followed it up with aig ... 911 - episode 2 ... but obama more jedi knight than messiah
the rushie herbert hoover neocons is the obstruction party of NO ... the neocons are mind controlled mega ditto heads ... the rushbo meocons, i mean neocons, wish a depression ... but jedi knights are sent when the universe is threatened by economic collapse in the midst of war ... they are trained to resolve such crises ... obama is a jedi knight, not a messiah ... the messiah hardly talks about derivatives .. but jedi knights use universal forces to combat the dark forces of the rushie meocons
the rushie herbert hoover neocons is the obstruction party of NO ... the neocons are mind controlled mega ditto heads ... they will tell you explosives use at the wtc on 911 is crazy ... but the country's physics teachers association proved otherwise ... see 'wtc7 in freefall' on youtube ... and the us govt agrees with them ... it is criminal how conservative talk shows cover up of the wtc explosive usage ... and sec/fbi wall street records were kept in bldg 7 ... your 401k went up in smoke too
if you're tired of the way things are, and you're tired of hearing politicians do nothing except say how bad it is and how much it should be changed, then let's do something about it. nothing is done without taking action. let's start the revolution and stop letting the government walk all over us. This country was founded on the idea that the people control the government, and it's time to take our country back. who's with me?
@noham2 I'M with you. My name is Patrick Downey and I am a US citizen and disabled veteran seeking political asylum in Ireland (you can "Google" that). I was poisoned by an immediate family member of a Georgian/Russian oligarch in 2008. My former employer then fired me the next day, then threatened me a few months later. The DOJ failed to respond to my concern reg. the threats and the EBRD (via The Fed?) loaned tens of MILLIONS to my ex boss for "war reconstruction". How's THAT for democracy!
theres a idea called the McLaurine plan which consist of rolling everyones credit score back up to 680 and people who have good credit gets AAA or a bonus reward of some kind... I'm not a expert just want to see what the real expert like your self think of such a plan.
War fixes nothing. As you can see in past history.... But yes world war 3 is inevitable. But sadly people will still be eating big mack's and having cold beers while the world is closing in on us.
Deceit is liguidated as much as the 'faith' in government. As an American, we have faith in our Government. As much as the press wishes to promote an disunion of Americans overseas, we are untied and will remain that way. As in the past, all we need is a common enemy. As an Englishmen, you of all people should know what happens when a people rally around a 'cause.' Success is immanent. The USA may fall or splinter but that day is so far off and if we go, so shall the known economic world.
Hey dude....this is a global collapse. Not just the United States. Get ready for the next few months....the shit is gonna hit the fan!!! What fixes all of this is war. And I think it's starting! Take a look around.
Just type "JBS end fed contact congress" into google and click the top link, Send a pre wrtten letter to congress about abolishing the Federal Reserve!
The British Pound has fallen 30% against the dollar in the last 4 months, and you still say the Pound is solid and the dollar is weak. Your desire for the downfall of the USA blinds your common sense.
In a month, the Pound will be lower against the dollar and you will be spouting out ridiculous reasons why this happened.
The difference between you and I is, I do not get any pleasure out of the UK having these problems. Whereas you love it when the USA has a crisis.
Amen, those around who are rooting for a collapse or the 'worst case' are simply trying to justify their complete laziness and lack of direction and association with being a productive member of society.
Fortunately, all those IMF dummies who think the UK is heading for a property-LED collapse are overlooking one OBVIOUS factor; obvious to anyone living here but perhaps not to some dumbass in Delaware!
There is latent demand for housing in the UK.
People here in the UK still WANT/NEED/DESIRE a home to BUY.
Doesn't apply to any other Western nation. No yanks or Europeans are eagerly looking forward to falling prices to buy into property... but here in the UK people are. Lots of them.
I watched a program on the BBC about a month ago, and the English economist said real estate values in the UK would decline by as much as 45% in the next 5 years.
You have been pretty much wrong about everything you have talked about so far, I suspect you are wrong again.
Then you had better NOT invest in oil or uranium. I highly recommend those and I am wrong about 'everything I've talked about so far' so don't get in my f*cking way, sheep!
BTW I am not buying yet! Markets will continue to bleed chumps dry of confidence and money, acting like a ball bouncing downstairs until February... but then I'M ALWAYS WRONG, RIGHT, WRONG, RIGHT!
One month ago you were telling me the dollar is dead and the British Pound and Euro will destroy it in value.
One month ago: British Pound 1.92/dollar Euro 1.62/dollar
Today: British Pound 1.58/dollar Euro 1.27
Central & Eastern Europe are on the verge of economic collapse, and the UK and EU have financed them for 45% of the debt. Japan and the USA financed only 9%. The Pound and Euro, according to analysts I have read, will continue to fall against the dollar.
Only in your dreams. Your own analysts say that the UK is in big trouble economically if you dont become energy independent. The USA has vast natural resources to draw upon, the UK does not. Technology is here now that will allow the USA to start producing Oil shale, estimated 1 Trillion barrels, into low grade oil. Also, technology is here to produce coal into liquid fuel. Which, by the way, the USA has 25% of the worlds coal supply.
The UK's economy cannot make a sustainable recovery until it breaks free of its dependence on oil, an expert at the University of Liverpool is warning.
This is a daunting task when you consider the North Sea Oil Fields have been in depletion since 1999. The UK has little natural resources. They are extremely dependent upon outside sources. The USA is currently in the same situation, however, large oil discoveries have occured and they have 25% of the worlds coal supply.
LOL A yank cannot abide being worse off than everyone else and HAS to talk up everyone elses minor problems.
TRUTH ALERT.
I own oil stocks in UK.
Continental shelf area around the UK is only just being explored. We in the UK are OK for oil for years to come, gas supplies offshore Ireland are large.
Gas from Russia was a strategic mistake, we didn't see Russia turning into a Nazi state! Did you?
The U.S. economy goes through depressions, IT HAPPENS, I love how everyone thinks the sky will fall, and how Europe thinks this is great.
What everyone for some reason fails to realize is that after these Depressions in history when the economy crashed and everyone said "This is the END for America" what happened in the next 20 years???? The U.S. economy CONSISTENLY climbs HIGHER than ever to a new "Golden Era" 10 to 20 years after these depressions, each time being BETTER than the last!!!
but the reasons why america recovered from the last few crises was that the dollar was necessary to the world.
Oil/Commodities/Finance was all based on dollars so the usa could issue huge debts, that'd cripple anywhere else, because the world couldn't let the usa fail...all activity on Earth rested on the 'almighty dollar'.
But you sh*theads thought ya could push the envelope o'that argument, didn't ya? Big Deficit?
The U.S. should just tell Britain and France we are no longer going to "fogive" the Billions of dollars and equipment that we "lent" to them to fight World War I, projected to be over 500 billion dollars. The U.S. "forgave" this debt, because at the time it was believed no country could possibly pay back this amount of money. With interest due we could give the UK, and France a break and call it 9 or 10 trillion dollars. Then the we can pay off all our debt, cut taxes, and have a nice surplus
Now, the City of London is obviously not Iceland, but it does have some of the features of a giant, highly-leveraged hedge fund, which will be progressively exacerbated if the prevailing investment and credit climate continues. Iceland has accumulated external foreign currency assets and exposure of nearly 800% of its GDP. For Britain, the equivalent number is 500%; for the United States, 100% and for the Eurozone 30%.
By the way, the British Pound is continuing to get pounded by the dollar.
Why is that?
Your troubles are just beginning, as is ours, but I am not in denial. All economic indicators point to the UK as being in a very serious situation. This is the beginning of the end for the UK, the EU is sharpening their knives as we speak. You will have no choice.
It is hard to talk intelligently with an individual who lets his envy blur his judgment. If the USA is a 3rd World Country, then people in the UK must be living in caves.
The UK, is the only country in the world who has screwed up their economy more than the USA. But the difference is, the USA still has vast natural resources. The UK has nothing. As the fine UK citizen stated many times, "Our economy is a "Service" economy."
The UK has a soaring number of personal bankruptcies — a 30% increase year-over-year through March 2008 — I think a 12 percent price fall forecast for UK housing in 2009 is grossly underestimated.
Forex expert Jack Crooks says there is one currency in even more trouble than the buck: the British pound.
It is more exposed to the ongoing credit crisis than any other major economy.
The U.K. CBI retail sales index dropped to its lowest level in more than 25 years.
Britains total RMBS exposure is dwarfed by the $4.39 trillion racked up in the U.S. But as a percentage of total GDP, the UK RMBS exposure is a whopping 7%, whereas the U.S. RMBS exposure to GDP is a miniscule 0.2%.
UK exposure to RMBS is the largest exposure in Europe by far.
Residential mortgage debt outstanding per capita in the UK is 136%; it is 103% in the U.S.
Residential mortgage debt to GDP in the UK is 51%, compared to 44.5% in the U.S.
"as a percentage of total GDP, the UK RMBS exposure is a whopping 7%, whereas the U.S. RMBS exposure to GDP is a miniscule 0.2%. "
Do you actually understand that the mortgage thing was the tip of a much, much bigger iceberg, or are you trying to justify to yourself why the good ol' US of A should continue partying with exponentially increasing debt and credit?
I'll spell it out just in case you're still too stuck in your old fashiuoned mindset to appreciate it... the UK has become Europe's 2nd Switzerland. I don't hear you saying the swiss are going to fall and fall big. We are now handling more international financial transactions than them, have access to more natural resources and have an oil and gas industry that is secure for the next 10yrs at least... more than long enough.
How long do you think people will use your services?
You are living in a fantasy land. The countries of the world might send you some business out of pity. You do not manufacture anything, and as you said, you "Manage" other peoples natural resources. You are living in a house of cards.
But I am wasting my time talking to someone who believe a service economy is a stable economy.
Humble yourself a lttle, and maybe the USA will send some business your way. You can service us.
We manage the most important resource in the world. Money!
I am wasting my time talking to someone who thinks a country that can spend $700billion and still not fix the earliest problems of a catastrophe that is bringing a series of trillion dollars problems to be fixed, while all the while that country is effectively bankrupt, held afloat by the 'goodwill' of SaudiArabia/China/India/Japan, who all happen to be sworn emeies of said usa.
And when someone in your own govrnmnt says the $700billion bailout is still not going to save all the banks... implying at least one and surely more 'major bank failures' the CDS insurance on those banks that fail will be huge multiples of the actual failure. Then you will find out that, as I said before, $700billion is NOTHING!
LOL the Fed has already promised to shore up the failing usa... I cannot wait for them to be asked to come up with $4trillion!
noahgoy i dont wanna put the bible on ya but god has forseen this. the whole world will be stricken with poverty. no food. disease. death and war. i dont know if that time is now but we are walkn dangerously close to it
I don't know which american propaganda ...sorry... media outlet you watch but that is bs.
The EU has problems but since we don't use dollars and the rest of the world is exchanging dollars for euros, we ain'yt got it that bad. Here in the UK things are not catastrophic as they are in the usa.
Your media should tell you about Credit Default Swaps, US Treasury Bonds (TBills) and the Death of the Petrodollar before you try to make out we have anything like as bad a set of problems as you!
You are ignorant of your own situation. The USA has short term problems that we will have to deal with. But the UK has very serious long-term problems that they have no answer for. You are a tiny Island Empire with no natural resources. You will be swallowed by the EU. Your sovereignty will be gone. The mighty British Empire is a joke. The countries you exploited are now laughing their asses off at you.
Get your head out of the sand, your situation in the UK is borderline dire.
If we in the UK have a morgage problem of approx 20% overvalue, you have an armageddon to cope with!
We have NO long term problems here in the UK, the usa is seriously fubar'ed!
FYI the oil ONSHORE, gas offshore in the Irish Sea and around the Irish coast, on the continental shelf and the previously uneconomic oil in the N Sea that will become economic at +$60pb gives us excellent prospects. The usa is seriously screwed.
You are a joke. Watch for OPEC keeping oil over $90 a barrel.
Here in the UK, we make money out of money as our main source of incomne. That means all currencies and not just worthless dollars. We will make money out of YOU losing your shirt! LOL
FYI the countries we 'exploited' are our new trading partners. As they grow, they use the UK as a means to grow, putting their money through us.
You are so far behind the times, I guess you're still hailing Hansom Cabs and wearing Tall hats in that backward sh*thole you call the banana republic of america.
Another arrogant, ignorant Brit. You have very serious long-term problems. You were once a member of OPEC, but you had to drop out in 1999.
Why is that?
You are natural resource poor and there is nothing you can do about it. You can no longer go around the globe and exploit poor countries. The mighty British Empire is history. Our state of Alaska is worth more than the entire UK.
The entire world is laughing at you. You better learn to deal with ridicule.
One other thing genius, most of the English economists that I have read, predict a 40% drop in the overall real estate value in the UK in the next 5 years.
Denial is a bitch.
The problems in the USA are indeed serious, but they are short term. We have 25% of the worlds coal supplies and have discovered vast oil fields. Not to mention our northern neighbor is oil rich.
The UK has zilch. You make money by exploiting poor countries, and those days are over.
You poor sap! The usa is finished. You really ought to read more by Ron Paul/Schiff/etc. CDS? v=xNuBN9KJRs8 v=gJI8hbZbLdk Dollar? v=4n3g5lUgkWk Your low grade oil will take 10yrs to exploit. Canada's tar pits are a very poor, expensive resource. You will be economically dead long before then! I have already laughed at your demise. Don't make me laugh more, I'll bust something! FYI we make money by trading with everyone as a world hub of financial services!
In plain english, you are a service economy. You have nothing of any value. As i said, do some research, your British Pound is depreciating quickly against the dollar. So is the Euro. I do not know if that shall continue, but it is a fact for now.
A poor grade of oil is much better than no oil, wouldn't you say?
You are in serious denial. The UK cannot last based upon servicing the rest of the world. It is common sense.
You would be speaking German right now if it wasnt for the USA. We have propped your sorry asses up since the end of WWII.
It is hard to have an intelligent conversation with an individual who proudly boasts that their economy is a service economy, and thinks this is a positive thing.
Your envy is obvious. As I have said, the USA has short term problems facing us, no doubt. But the UK, is facing very serious long-term problems. Whether you want to admit it or not.
Moronic yanks think they won WWII. The Russians won WWII, dummy.
Why do you think the Imperial Japanese surrendered? The Russians invaded Manchuria and the game was over... the atom bomb had little to do with the end of the war in the Pacific. Do some research past your own ego-boostig propaganda.
FYI the usa crippled the UK with massive debts during the war because, surprise, most yanks were/are german/irish/italian, namely pro-nazi. Do some research beyond watching 'Saving Private Ryan'!
Financial Crisis: IMF slashes UK forecast and warns of recession
The International Monetary Fund has slashed its growth forecast for the UK by more than any other major country in the world, as it warned that the UK is heading into recession. British pound falls to two year low vs. dollar after BOE cuts growth forecast.
Definition : TWO quarters of negative growth. Q2 was positive... so we can't be in a recession until next Spring at the earliest. What's inbetween? Christmas! No recession til next Autumn then!
Yes, house prices are going to fall. We have no Fanny Mae, no Freddie Mac and no connection to the dollar, except we make money out of them when we help people sell them and we make money out of them when we help people buy them. Service economy, hur?
Our problems in the UK are tiny compared to the usa's problems.
I am sorry you are sore, I'd be sore too if I lived in a 3rd world country that once sent men to the Moon, once thought of itself as all powerful and world-class, once had money to throw about and owned its own movie industry so could make flix telling everyone how great and clever it was.
As i said, we have 10 individual states worth more than the UK as a whole. All the indicators point to the UK as the next Brazil of the 1970's, but honestly, that is not what I want. If i did not encounter arrogant, envious fools such as yourself, my impression of Brits would be high.
I am not sore at all, my standard of living is quite high. The anger is coming from you, not me. I am quite certain the UK will deteriorate further, and it is just getting started.
In a year's time, I would DEARLY love to be able to chat with you and ask you if any of the things we discussed has come true... but I do not think you will have a pc nor a net connection, let alone a roof over your head or a lifestyle to speak of.
Bye Bye.
Tip : Learn the words to "Brother can you spare a dime!" and learn where you can get apples... to sell for $60 apiece!
1. Another way of putting it, since currencies move AGAINST one another, is that the dollar is rising 'from its previous low levels'.
2. Erm... for the moment!
3. The failures took this long to show up, hur?
4. Financial 'services'... if you were talking aromatherapists and mobile head massagers, I might take your mantra-like repetition of your 'argument' seriously.
Hint : How ever many times you say the same bs, however loudly, however forcefully, it still smells like bs!
BTW I know EXACTLY what is happening in the usa. I recently considered putting the money I took out of dollar denominated stock back in... forget that! Now I'm looking at australian mining stocks instead!
The usa is a dead duck and will be for years to come. A toxic investment of a 3rd world nation to be avoided at all costs.
BTW I mention your space programme because when your gov starts cutting spending will going to Mars or the Moon seem like a 'good' idea compared to funding soup kitchens?
Since the Japanese own your movie industry and India/Bollywood do a better job cheaper will they make them in Burbank or Mumbai, mmm! A no brainer, methinks!
I am not sure where you get your information, there are no bank runs in my hometown.
Do you think people have to live in grass huts because a bank fails?
You must be about 25 years old, with very little life experience, because your comments show little understanding.
Let's watch and see how your SERVICE economy holds up in the coming years. AS i said, you will become a member of the EU, because you will have no choice.
Your dirty nation, the tragic yankland, has been fighting an economic war against the nations that might have challenged it's supremacy during the 20th century.
You crippled the UK, France & the countries you 'openly' fought in WWII.
Now it's payback time.
We will enjoy seeing you drown. We may even sell you a liferaft, as you did to us in 1940, if we feel like it.
Then again, since we do lots of business with the FSU & Saudis, we might just let you drown.
im british and your talking shit. there is, reported today 1 million properties empty in the uk. the estate agents are FULL of desperate sellers. the poles are going home. the divorce rate is falling. people arent leaving their parents and moving on their own. ill take the blue pill please.
liquidity is dead. the banks are toast. buisnesses are dying. NO CREDIT. no matter how good the business.
the dollar is no better though. norweigen kroner, thai bhat and GOLD.
Of course... that's because estate agents are still telling idiots NOT to drop their prices because they need to stay afloat on commission!
The demand IS there. If you live in the NORTH with me, it's certainly here!
I bet you live in the rich south where they deserve to go bust a little! N/S divide means those London dummies need taking down a peg (or percentage point) or twenty.
pent up demand? this is just a myth like government targets for construction which are based around revenue targets from tax, not any real need.
estate agent stay afloat on the volume of transactions, i.e the difference in revenue if people drop prices is minimal. its better for them too sell three houses a week at 50% drop than 1 at 100%
no offense mate but your just another delusional mug that doesnt understand the basics. NO CREDIT. the banks are bust. the £ is fucked. YOU MUG.
Just because the dollar is rising, as indicated by the falling oil price (see oil price if in Sterling or Euros, it's kinda steady! lol), you think things are getting worse for us.
Dur!
You don't get it do you? lol
OPEC is gonna keep oil over $90, they've said as much so lots of closed fields in NSea that were uneconomic at < $50 could be reopened.
There is no shortage of oil in & around the UK... there is a shortage of cheap oil.
Ron Paul is the most straight laced excuse for an anarchist lunatic that hippis like yourself have to turn to, because they cannot rely on their own reputation and coherence of arguments to establish rapport in a discussion. Hence your name calling, and lack of respect for an oposing viewpoint.
How can the financial powerhouse of Europe, the 2nd richest country in Europe with the most respected banking system and central bank in Europe, be the weakest member?
Now who is envious?
Want some Sterling? We have no intention of using the Euro.
You are living in a dreamworld where the usa is still some kind of country instead of a bankrupt banana republic! Wake up. Lol.
When you call your Congressman or Senator about the Bailout, also ask where 2.3 Trillion missing dollars are from the Pentagon. Break their Stones Day & Night. 2.3 Trillion would give every Man, Women & Child $8,000.00 Dollars Each.
The United States is being Extorted by International Bankers who will drain our Treasury to ZERO, Wake Up People.
God help the honest Americans ripped off by the biggest crooks in America. I hope you make those greedy amoral bastards pay . The world is full of these Banksters sucking the life force out of each and everyone of us.
This is about the same situation Pakistan is passing thru. Countrys economy is being loaned/sold @ the rate of a common mans life leading to anxiety & flux in all departments of life ensuing in no-investment crisis & every new govt blaming the past for all the hazards & again taking its hands out to beg for more loans. The country is being sold out eventually by parts, with disorder, joblessness, fake inflation, injustice & hypocrisy as the main issues resulting in anarchy & suicide bombing,
Previously when Bush & Algore had proved as rivals of equal strength in the elections & again a debate for the seat started the US $ & the stock markets were heading to a collapse. The same state seems to be rising once again. But now it seems to be rising before the elections. How will the economy survive if this situation of anarchy continues. Unless clear policies of developing the US economy taking positive steps is given its difficult for the US economy to be handled by the new president.
1) Consumer confidence stood at a 2 1/2 year high;
2) Regular gasoline sold for $2.19 a gallon;
3) the unemployment rate was 4.5%.
4) the DOW JONES hit a record high--14,000 +
But American's wanted 'CHANGE'! So, in 2006 they voted in a Democratic Congress and yes--we got 'CHANGE' all right. They have destroyed our economy and now they want to change it even more. What a disaster of a party. No wonder they've lost 7 of the last 10 elections.
What the FUCK does a democratic congress have to do with the federal reserve system that's existed since 1971, and what do they have to do with banks issuing loans they knew people couldn't pay. Stop rooting for your team, and look at what's going on in the world. BOTH SIDES ARE LYING TO YOU.
There are victims you dont even acknowledge in the Poor US; those that truly are poor. If you knew the truth about how theyve been living all along maybe you wouldnt love to hate so much, nor be so naive as to think being american means being well off.
The SUB PRIME LOANS which caused this crisis in the Mortgage Industry are always in the HISPANIC COMMUNITY across the country. Who is responsible for giving the SUB PRIME LOANS TO MAJORITY HISPANIC PEOPLE?Why is PRESIDENT BUSH allowing OUR TAX DOLLARS to rescue peoples' homes who have NO SOCIAL SECURITY NUMBER!HOW can you tax or track a homeowner who has NO SOCIAL SECURITY NUMBER OR EIN NUMBER?I have a right to know.I am a US CITIZEN.I am tired of giving ILLEGAL ALIENS ANOTHER free ride!!
I have been doing a TON of reading and research on the economy and the true condition of it, and everything you've said is in agreement with what I have discovered. Elaine Meinel Supkis would agree with you. I read her blogs everyday. When do you think things will worse??
LADIES AND GENTLEMEN FOR SOME HISTORY, AND SOLUTIONS TO THIS ECONOMIC CALAMITY THAT IS "THE CREDIT CRISIS" SEE: Firewall: In Defense of the Nation State
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The devil is losing and at the end will be judged for all the crimes. Live at the full in the freedom of GOD (praying in a right form, following the INSTRUCTIONS in the Bible - keeping the 10 commandments - including keeping the Saturday as the 7th day etc.) instead of in the incapacity and deception of devil. Jesus Christ is the savior, love and hope.
diptdipt 4 days ago
hÊy_Âñÿ_gÚýs_wÂÑt_tó_chât_wîth_mE
LoveeiaJulianaa164 10 months ago
In history, the once mighty Ming Empire ,responsible for the Cheng Ho fleets that sailed to the Middle East, collapsed under the impact of inflation after the introduction of paper currency replacing gold and silver. Economic forces can play havoc with peoples' lives. Lets hope America will not go down the same road that nudged and caused downfalls of the Roman Empire, the Chinese Empire etc
CardinalSinga 1 year ago
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We have exterminated the property owners in Russia.We are going to do the same thing in Europe and America.
(The Jew,December 1925,Zinobit
This is the most amazing book ever written by men.Read the book for free on internet to understand what those from Synagogue of satan(Revelation 2:9,,3:9),have plan for America and Europe.
Who Is Esau-Edom,,Who Is Esau-Edom
MsMihailescu 1 year ago
The price of beer and cigarettes are exorbitant already... No doubt what's going on here.
BenZeneProject 1 year ago
Can you turn the volume up a bit please?
mtoshamtosha 1 year ago
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An evil empire is forming, sooner or later the antichrist will step in, then 2 beasts will rise out of the Earth.
The rapture wil happen, so the whole world will have to face the satanic triniry.
Seek JESUS as soon as possible while you still have a chance.
The door to the escape will be closed soon.
JESUSISTHEONLYESCAPE 1 year ago
Iran doesn´t want to use USD? Reason for moneywar?
Annafin62 1 year ago
we were promised economic prosperity and lowered prices and now we're one of the most expensive countries in the eu, sure we have good wages but everything alos costs heck of alot more :D
Darusdei 1 year ago
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Or floods and forest fires should create sufficiant loses to crash the Euro.The heat waves of the next four years may kill thousands and create droughts that will cause live stocks to die.By 2015, the armies of most countries may have to help maintain their countries infrastructures due to a lack of healthy civilians.By 2020, the conditions for stable governments may collaps,and only high officials of the UN may circulate freely on the dying planet for Global Catastrophy Relief Planning.
Jai666666666 1 year ago
What does the American do who has money in the bank to ensure their future "purchasing power" for "things"? I know its a trigger phrase for panic but do you pull out your dollars and buy land and chickens and other necessities? In the end its about what you get with the money right? Can Americans think necessity first? I'm just sayin'... nice post brother.
TheHoldout 2 years ago
Big brother is doing everything he can to prop up a country built on a house of cards. Everyone knows that the US gov bought 1 trillion in mortgage backed securities.....RIGHT? How much of that paper is very very stinky? I would bet a lot. Also the funny money programs to prop up the stock market and put an artificial bottom on the housing market will have to end. Or maybe we can raise the debt limit to 20 trillion and kick the can down the road. This country has truly lost its mind. bleechhhy!
tickyul 2 years ago
i think I have more fun reading the comments in here than actually recording and posting the videos...LOL
Had to hit the remove button ALOT of times.....getting a sore mouse button finger. LOL
myspacesecrets 2 years ago
@myspacesecrets why dont u just leave em?
eliasisnemesis 1 year ago
@myspacesecrets did you know the European bailout OF Spain,Greece,and Ireland are partially funded by the USA?????To the amount of $8 billion...
ClarksonsinUSA 1 year ago
If you have your wealth in dollars..
You will be as poor as a beggar on the street!
You have been warned!!!!!
DeathOfTheDollar2010 2 years ago 5
Do yo not know,one world currency and goverment and mark of the beast 666 but if you take the mark,you spend eternity in Hell.read Bible prophetsy
ilililhy 2 years ago
BIBLE IS EGYPTIAN MYTHOLOGY
tamaduni 2 years ago
The king james Holy Bible is Gods word.
ilililhy 2 years ago
DO SOME RESEARCH --
tamaduni 2 years ago
The 1611 King James is where it's at. I love the KJV.
jatamode 2 years ago
Yahuah יהוה will protect us....
Teh 121 (Psalm 121)
geerboks 2 years ago
@geerboks yeah... I do believe that the powerpuff girls will come to save the day
SophosVII 2 years ago
This is a preplanned staged set-up to implement the Amero dollar! Inside job folks! First the economic collaspe, then the Police Sate, then the Amero implementation, then finally a one world government... Then the Mark of the Beast.
carpadeim 2 years ago 2
North American Union, NAU first proposed by the Rosicrucian secret society in 1916 not fully executed, but soon could be. NAU has to be completed for the capstone reflected on American currency to be set. Presently, the "all seeing eye" (Evil) is above the partially completed pyramid. When the US dollar collapses, the fix will be aligning Canada, America & Mexico plus convert to the Amero. NAU, AMERO is the major capstone event for satanic NWO proponents.
waketheoblivious 2 years ago 6
@waketheoblivious - It´s worked for the European Union. Now let´s just try.
AnotherYankee 1 year ago
@AnotherYankee
The Euro is in as bad of shape as the dollar. Gold and other precious metals are soaring in price as paper currencies throughout the world have become suspect. All this being orchestrated by Illumanati fulfilling their "Masters" plan. They have infiltrated and corrupted all Governments and the World Bank owned soley by Rauthchilds controls every currency on the planet. The Amero was printed in 2007 and you can buy one on Ebay. You can also buy a Bible.
waketheoblivious 1 year ago
@waketheoblivious the euro is still more with than it was at the time it was introduced 1.317 to the dollar now as opposed to less that 1.26 then
Toudiyama 1 year ago
@waketheoblivious - Well the € is currently stronger thyen the dollar so I wouldn´t say so and the British £ is 2 time better then both the Euro and the dollar. I mean it sounds right for me.
AnotherYankee 1 year ago
@waketheoblivious - The only thing I hope the United States does is keep strict immigration laws on Mexico so they don´t fled over here. I predict A sort of border war.
AnotherYankee 1 year ago
@AnotherYankee
Keep doing your homework my friend. You may be right on your thoughts. The Illumanati plan which they are now brazenly candid about calls for mass genocide. The various Satanic groups that make up the Illumanati are all pushing for an Evil New World Order. Global Warming is complete bullshit and has resulted in climategate. Study Jesuit history and why Madam Blavatsky a self admitted Satanist referred to the Jesuits as "more evil then Satan". Hitler adopted their 5th Oath.
waketheoblivious 1 year ago
@waketheoblivious lol hitler was a vegan too.... are vegans evil?
Panz82 1 year ago
@Panz82
Am elder member of an Indian tribe sat next to a young boy by a fire. He explained when born we have two wolves, one good/one bad that fight within us. The young boy then asked which wolf wins? The elder replied, "depends on which one you choose to feed". Regardless of the diet, the wolf that lived was the one that got fed, vegan or not vegan makes no difference.
waketheoblivious 1 year ago
Shit, we can shoot our way out of anything! Lest it be a virus, nuclear reaction, or a well spoken muslim terrorist pretending to be a traveling businessman. Personally, I miss the good ole days, where beer was cheap, men worked for their living, and a mans word was all that was needed to start an endeavor.
LIVEInMtns 2 years ago 3
coming soon to the an American city near you! Order Now!
kingnek 3 years ago
War fixes nothing. As you can see in past history.... But yes world war 3 is inevitable. But sadly people will still be eating big mack's and having cold beers while the world is closing in on US.
marcelof011 3 years ago 4
Actually, I prefer the McRib.
Rikiru 3 years ago
mmm as elusive as the shamrock mcflurry
timpedersen 2 years ago
AAAhahaa... "The McRib"
nice. lol.
dgk990 2 years ago
make lots of money then talked about economy problem you freaking moron
totaldollar 3 years ago
the rushie herbert hoover neocons is the obstruction party of NO ... the neocons are mind controlled mega ditto heads ... they refuse to see 'wtc7 in freefall' on youtube ... because freefall means falling in a vacuum ... at the acceleration of gravity ... unencumbered by the friction of air ... like what happens when a bldg is destroyed by a controlled sequence of explosions ... explosive demolition implodes a bldg so it falls in its foot print ... 3 of 3 wtc bldgs did ... talk show conspiracy
AgnesBojaxhiu2000 3 years ago
lol wut
timpedersen 2 years ago
the rushie herbert hoover neocons is the obstruction party of NO ... the neocons are mind controlled mega ditto heads ... the rushbo meocons, i mean neocons, wish a depression ... they blew up the wtc bldgs (see 'wtc7 in freefall' on youtube) and flew the passenger jet into the pentagon (see 'mineta 911') ... and you'd think that would have been happy enough with that damage to the country ... but no ... they followed it up with aig ... 911 - episode 2 ... but obama more jedi knight than messiah
AgnesBojaxhiu2000 2 years ago
geez rant much?
I understand your spew but it'd help to throw in a few single periods every once in a while :)
obama = jedi knight = lulz
timpedersen 2 years ago
the rushie herbert hoover neocons is the obstruction party of NO ... the neocons are mind controlled mega ditto heads ... the rushbo meocons, i mean neocons, wish a depression ... but jedi knights are sent when the universe is threatened by economic collapse in the midst of war ... they are trained to resolve such crises ... obama is a jedi knight, not a messiah ... the messiah hardly talks about derivatives .. but jedi knights use universal forces to combat the dark forces of the rushie meocons
AgnesBojaxhiu2000 2 years ago
the rushie herbert hoover neocons is the obstruction party of NO ... the neocons are mind controlled mega ditto heads ... they will tell you explosives use at the wtc on 911 is crazy ... but the country's physics teachers association proved otherwise ... see 'wtc7 in freefall' on youtube ... and the us govt agrees with them ... it is criminal how conservative talk shows cover up of the wtc explosive usage ... and sec/fbi wall street records were kept in bldg 7 ... your 401k went up in smoke too
AgnesBojaxhiu2000 3 years ago
this is all a precursor for 2012 dec21st
stewbee25 3 years ago
I totally agree i am glad I am not the only one who is able to see this! I cant wait till it arrives! HIp HIp Horayy!
cheemooo 3 years ago
I am with you noham 2 revolt now take back our freedoms take back our liberties!
stewbee25 3 years ago 3
if you're tired of the way things are, and you're tired of hearing politicians do nothing except say how bad it is and how much it should be changed, then let's do something about it. nothing is done without taking action. let's start the revolution and stop letting the government walk all over us. This country was founded on the idea that the people control the government, and it's time to take our country back. who's with me?
noham2 3 years ago 17
@noham2 I'M with you. My name is Patrick Downey and I am a US citizen and disabled veteran seeking political asylum in Ireland (you can "Google" that). I was poisoned by an immediate family member of a Georgian/Russian oligarch in 2008. My former employer then fired me the next day, then threatened me a few months later. The DOJ failed to respond to my concern reg. the threats and the EBRD (via The Fed?) loaned tens of MILLIONS to my ex boss for "war reconstruction". How's THAT for democracy!
usagoodbyeisayhello 1 year ago
@noham2 i am...riot!
skatemafiafamily 1 year ago
@skatemafiafamily You try a riot and you will get a police batton in your ass.
AnotherYankee 1 year ago
they bailed out AIG. At the time, I thought: "That's strange.
What does an insurance company have to do with this crisis?"
I think I just found the answer. Among other things, AIG INSURES THE PENSION TRUST OF THE UNITED STATES CONGRESS!!
KamikazeKoscki 3 years ago 3
theres a idea called the McLaurine plan which consist of rolling everyones credit score back up to 680 and people who have good credit gets AAA or a bonus reward of some kind... I'm not a expert just want to see what the real expert like your self think of such a plan.
mindmunk111 3 years ago
War fixes nothing. As you can see in past history.... But yes world war 3 is inevitable. But sadly people will still be eating big mack's and having cold beers while the world is closing in on us.
alieco 3 years ago 4
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I'm loving this crash!
1. I owe and don't have any money anyway.
2. I hate all the greedy cocksuckers on wall street and hope they all go broke.
3. I don't like many things about society anyway (TV, sports, todays "music", fast food, etc.) so I won't be missing much.
4. The prices of homes/renting will go way down to where they should be, and all those greedy real estate companies will suffer, haha.
This may sound selfish and some good people are going to be hurt. Let the riots begin.
GaryNull 3 years ago
Deceit is liguidated as much as the 'faith' in government. As an American, we have faith in our Government. As much as the press wishes to promote an disunion of Americans overseas, we are untied and will remain that way. As in the past, all we need is a common enemy. As an Englishmen, you of all people should know what happens when a people rally around a 'cause.' Success is immanent. The USA may fall or splinter but that day is so far off and if we go, so shall the known economic world.
Cinnemax77 3 years ago
Hey dude....this is a global collapse. Not just the United States. Get ready for the next few months....the shit is gonna hit the fan!!! What fixes all of this is war. And I think it's starting! Take a look around.
GradyWhite2007 3 years ago
All your house is belong to us!
kossmikham 3 years ago
actually some good news and hope for the economy its slighty starting to turn around but it could just be random
awhiteman1986 3 years ago
What!!!!!
GradyWhite2007 3 years ago
I second that comment. "Peter Schiff and Ron Paul"
Anythingwilldo41 3 years ago
Cant go wrong buying oil now..
jaxxfat 3 years ago
Peter Schiff and Ron Paul.
CeoOfKFC 3 years ago 2
Just type "JBS end fed contact congress" into google and click the top link, Send a pre wrtten letter to congress about abolishing the Federal Reserve!
Send To Congress Share With Everyone
r3dredwine 3 years ago
Flangelet,
The British Pound has fallen 30% against the dollar in the last 4 months, and you still say the Pound is solid and the dollar is weak. Your desire for the downfall of the USA blinds your common sense.
In a month, the Pound will be lower against the dollar and you will be spouting out ridiculous reasons why this happened.
The difference between you and I is, I do not get any pleasure out of the UK having these problems. Whereas you love it when the USA has a crisis.
Noahgoy 3 years ago
Amen, those around who are rooting for a collapse or the 'worst case' are simply trying to justify their complete laziness and lack of direction and association with being a productive member of society.
rjamesgoebel 3 years ago
I agree.
Fortunately, all those IMF dummies who think the UK is heading for a property-LED collapse are overlooking one OBVIOUS factor; obvious to anyone living here but perhaps not to some dumbass in Delaware!
There is latent demand for housing in the UK.
People here in the UK still WANT/NEED/DESIRE a home to BUY.
Doesn't apply to any other Western nation. No yanks or Europeans are eagerly looking forward to falling prices to buy into property... but here in the UK people are. Lots of them.
flangelet 3 years ago
I watched a program on the BBC about a month ago, and the English economist said real estate values in the UK would decline by as much as 45% in the next 5 years.
You have been pretty much wrong about everything you have talked about so far, I suspect you are wrong again.
Noahgoy 3 years ago
Then you had better NOT invest in oil or uranium. I highly recommend those and I am wrong about 'everything I've talked about so far' so don't get in my f*cking way, sheep!
BTW I am not buying yet! Markets will continue to bleed chumps dry of confidence and money, acting like a ball bouncing downstairs until February... but then I'M ALWAYS WRONG, RIGHT, WRONG, RIGHT!
flangelet 3 years ago
Flangelet,
One month ago you were telling me the dollar is dead and the British Pound and Euro will destroy it in value.
One month ago: British Pound 1.92/dollar Euro 1.62/dollar
Today: British Pound 1.58/dollar Euro 1.27
Central & Eastern Europe are on the verge of economic collapse, and the UK and EU have financed them for 45% of the debt. Japan and the USA financed only 9%. The Pound and Euro, according to analysts I have read, will continue to fall against the dollar.
Noahgoy 3 years ago
The UK has plenty of oil?
Only in your dreams. Your own analysts say that the UK is in big trouble economically if you dont become energy independent. The USA has vast natural resources to draw upon, the UK does not. Technology is here now that will allow the USA to start producing Oil shale, estimated 1 Trillion barrels, into low grade oil. Also, technology is here to produce coal into liquid fuel. Which, by the way, the USA has 25% of the worlds coal supply.
Noahgoy 3 years ago
The UK's economy cannot make a sustainable recovery until it breaks free of its dependence on oil, an expert at the University of Liverpool is warning.
This is a daunting task when you consider the North Sea Oil Fields have been in depletion since 1999. The UK has little natural resources. They are extremely dependent upon outside sources. The USA is currently in the same situation, however, large oil discoveries have occured and they have 25% of the worlds coal supply.
Noahgoy 3 years ago
LOL A yank cannot abide being worse off than everyone else and HAS to talk up everyone elses minor problems.
TRUTH ALERT.
I own oil stocks in UK.
Continental shelf area around the UK is only just being explored. We in the UK are OK for oil for years to come, gas supplies offshore Ireland are large.
Gas from Russia was a strategic mistake, we didn't see Russia turning into a Nazi state! Did you?
flangelet 3 years ago
ALL US o&g discoveries are costly HIGH production assets. It's why the oil majors are delaying getting involved now oil's fallen! Google it.
The usa is f*cked. Even Alaska and the tar pits of Canada are nothing and costly smallfry at that!
Stop baling out Detroit, get smaller economical cars and stop your crybabying!
flangelet 3 years ago
High cost of production assets in usa = very high cost oil or no production or production at a loss if oil is below $100 a barrel.
It's gonna be.
Read Shell's trading statement 2008Oct31.
I hope usa is not banking on those *new* oil discoveries. Either that or you like paying $10 a gallon?
If I was you, I wouldn't brag about oil sands without doing the math! LOL
And you're aware we in UK are a small country with varied transport infrastructure & LUni guy is pushing green transport, right?
flangelet 3 years ago
The U.S. economy goes through depressions, IT HAPPENS, I love how everyone thinks the sky will fall, and how Europe thinks this is great.
What everyone for some reason fails to realize is that after these Depressions in history when the economy crashed and everyone said "This is the END for America" what happened in the next 20 years???? The U.S. economy CONSISTENLY climbs HIGHER than ever to a new "Golden Era" 10 to 20 years after these depressions, each time being BETTER than the last!!!
EmptyBottleTherapy 3 years ago
Hate to burst your bubble
but the reasons why america recovered from the last few crises was that the dollar was necessary to the world.
Oil/Commodities/Finance was all based on dollars so the usa could issue huge debts, that'd cripple anywhere else, because the world couldn't let the usa fail...all activity on Earth rested on the 'almighty dollar'.
But you sh*theads thought ya could push the envelope o'that argument, didn't ya? Big Deficit?
Euros/Yen/Yuan & why price oil in dollars?
FIN
flangelet 3 years ago
The U.S. should just tell Britain and France we are no longer going to "fogive" the Billions of dollars and equipment that we "lent" to them to fight World War I, projected to be over 500 billion dollars. The U.S. "forgave" this debt, because at the time it was believed no country could possibly pay back this amount of money. With interest due we could give the UK, and France a break and call it 9 or 10 trillion dollars. Then the we can pay off all our debt, cut taxes, and have a nice surplus
EmptyBottleTherapy 3 years ago
i agree with you!!!
machucadavid831 3 years ago
Now, the City of London is obviously not Iceland, but it does have some of the features of a giant, highly-leveraged hedge fund, which will be progressively exacerbated if the prevailing investment and credit climate continues. Iceland has accumulated external foreign currency assets and exposure of nearly 800% of its GDP. For Britain, the equivalent number is 500%; for the United States, 100% and for the Eurozone 30%.
Noahgoy 3 years ago
By the way, the British Pound is continuing to get pounded by the dollar.
Why is that?
Your troubles are just beginning, as is ours, but I am not in denial. All economic indicators point to the UK as being in a very serious situation. This is the beginning of the end for the UK, the EU is sharpening their knives as we speak. You will have no choice.
Long live the empire!!!
Noahgoy 3 years ago
It is hard to talk intelligently with an individual who lets his envy blur his judgment. If the USA is a 3rd World Country, then people in the UK must be living in caves.
The UK, is the only country in the world who has screwed up their economy more than the USA. But the difference is, the USA still has vast natural resources. The UK has nothing. As the fine UK citizen stated many times, "Our economy is a "Service" economy."
Good luck with that SERVICE economy.
Noahgoy 3 years ago
The UK has a soaring number of personal bankruptcies — a 30% increase year-over-year through March 2008 — I think a 12 percent price fall forecast for UK housing in 2009 is grossly underestimated.
Forex expert Jack Crooks says there is one currency in even more trouble than the buck: the British pound.
It is more exposed to the ongoing credit crisis than any other major economy.
The U.K. CBI retail sales index dropped to its lowest level in more than 25 years.
Noahgoy 3 years ago
Britains total RMBS exposure is dwarfed by the $4.39 trillion racked up in the U.S. But as a percentage of total GDP, the UK RMBS exposure is a whopping 7%, whereas the U.S. RMBS exposure to GDP is a miniscule 0.2%.
UK exposure to RMBS is the largest exposure in Europe by far.
Residential mortgage debt outstanding per capita in the UK is 136%; it is 103% in the U.S.
Residential mortgage debt to GDP in the UK is 51%, compared to 44.5% in the U.S.
Nice job UK.
Noahgoy 3 years ago
"as a percentage of total GDP, the UK RMBS exposure is a whopping 7%, whereas the U.S. RMBS exposure to GDP is a miniscule 0.2%. "
Do you actually understand that the mortgage thing was the tip of a much, much bigger iceberg, or are you trying to justify to yourself why the good ol' US of A should continue partying with exponentially increasing debt and credit?
Thought so.
sushimushy55 3 years ago
I'll spell it out just in case you're still too stuck in your old fashiuoned mindset to appreciate it... the UK has become Europe's 2nd Switzerland. I don't hear you saying the swiss are going to fall and fall big. We are now handling more international financial transactions than them, have access to more natural resources and have an oil and gas industry that is secure for the next 10yrs at least... more than long enough.
Lol, you really don't get it do you?
flangelet 3 years ago
How long do you think people will use your services?
You are living in a fantasy land. The countries of the world might send you some business out of pity. You do not manufacture anything, and as you said, you "Manage" other peoples natural resources. You are living in a house of cards.
But I am wasting my time talking to someone who believe a service economy is a stable economy.
Humble yourself a lttle, and maybe the USA will send some business your way. You can service us.
Noahgoy 3 years ago
We manage the most important resource in the world. Money!
I am wasting my time talking to someone who thinks a country that can spend $700billion and still not fix the earliest problems of a catastrophe that is bringing a series of trillion dollars problems to be fixed, while all the while that country is effectively bankrupt, held afloat by the 'goodwill' of SaudiArabia/China/India/Japan, who all happen to be sworn emeies of said usa.
I pity your blind optimism!
Sorry, you are so dead!
flangelet 3 years ago
And when someone in your own govrnmnt says the $700billion bailout is still not going to save all the banks... implying at least one and surely more 'major bank failures' the CDS insurance on those banks that fail will be huge multiples of the actual failure. Then you will find out that, as I said before, $700billion is NOTHING!
LOL the Fed has already promised to shore up the failing usa... I cannot wait for them to be asked to come up with $4trillion!
Much lols.
Kiss, peaches!
Bye Bye.
flangelet 3 years ago
noahgoy : I really enjoyed your ignorant, ill-informed and uneducated comment. Please post another. I need to laugh at you some more!
flangelet 3 years ago
You haven't seen ANYTHING yet, u mong!
Still to see;
- Credit Default Swaps (CDS) unwinding to the tune of an unstoppable $14trillion!
- Major banks, insurers, credit-card issuers blowing away like leaves on a Fall breeze!
- US Treasury Bonds (TBills) losing their value & their foreign owners getting rather 'angry' with the usa!
- Dollar losing its status as a commodity pricing token. Oil/Copper/IronOre in Euros/Roubles/localcurrencies.
- Worthless Greenbacks!
Short term problems, hur?
flangelet 3 years ago
noahgoy i dont wanna put the bible on ya but god has forseen this. the whole world will be stricken with poverty. no food. disease. death and war. i dont know if that time is now but we are walkn dangerously close to it
vupadown 3 years ago
Is anyone watching the rest of the globe?
Financial analysts all over the globe are now saying that the EU and UK are in worst shape than the USA.
People love to focus on the USA, and yes, we have very serious problems, but it appears most of the globe is experiencing the same thing.
Noahgoy 3 years ago
I don't know which american propaganda ...sorry... media outlet you watch but that is bs.
The EU has problems but since we don't use dollars and the rest of the world is exchanging dollars for euros, we ain'yt got it that bad. Here in the UK things are not catastrophic as they are in the usa.
Your media should tell you about Credit Default Swaps, US Treasury Bonds (TBills) and the Death of the Petrodollar before you try to make out we have anything like as bad a set of problems as you!
flangelet 3 years ago
You are ignorant of your own situation. The USA has short term problems that we will have to deal with. But the UK has very serious long-term problems that they have no answer for. You are a tiny Island Empire with no natural resources. You will be swallowed by the EU. Your sovereignty will be gone. The mighty British Empire is a joke. The countries you exploited are now laughing their asses off at you.
Get your head out of the sand, your situation in the UK is borderline dire.
Noahgoy 3 years ago
If we in the UK have a morgage problem of approx 20% overvalue, you have an armageddon to cope with!
We have NO long term problems here in the UK, the usa is seriously fubar'ed!
FYI the oil ONSHORE, gas offshore in the Irish Sea and around the Irish coast, on the continental shelf and the previously uneconomic oil in the N Sea that will become economic at +$60pb gives us excellent prospects. The usa is seriously screwed.
You are a joke. Watch for OPEC keeping oil over $90 a barrel.
flangelet 3 years ago
Here in the UK, we make money out of money as our main source of incomne. That means all currencies and not just worthless dollars. We will make money out of YOU losing your shirt! LOL
FYI the countries we 'exploited' are our new trading partners. As they grow, they use the UK as a means to grow, putting their money through us.
You are so far behind the times, I guess you're still hailing Hansom Cabs and wearing Tall hats in that backward sh*thole you call the banana republic of america.
flangelet 3 years ago
Another arrogant, ignorant Brit. You have very serious long-term problems. You were once a member of OPEC, but you had to drop out in 1999.
Why is that?
You are natural resource poor and there is nothing you can do about it. You can no longer go around the globe and exploit poor countries. The mighty British Empire is history. Our state of Alaska is worth more than the entire UK.
The entire world is laughing at you. You better learn to deal with ridicule.
Noahgoy 3 years ago
One other thing genius, most of the English economists that I have read, predict a 40% drop in the overall real estate value in the UK in the next 5 years.
Denial is a bitch.
The problems in the USA are indeed serious, but they are short term. We have 25% of the worlds coal supplies and have discovered vast oil fields. Not to mention our northern neighbor is oil rich.
The UK has zilch. You make money by exploiting poor countries, and those days are over.
Wake up fool
Noahgoy 3 years ago
flangelet 3 years ago
A world hub of financial services?
LOL....what a joke.
In plain english, you are a service economy. You have nothing of any value. As i said, do some research, your British Pound is depreciating quickly against the dollar. So is the Euro. I do not know if that shall continue, but it is a fact for now.
A poor grade of oil is much better than no oil, wouldn't you say?
You are in serious denial. The UK cannot last based upon servicing the rest of the world. It is common sense.
Noahgoy 3 years ago
When they f*ck you over, we will handle the transactions = ka-ching... income!
When you try to defend yourselves, we will handle the transactions = ka-ching... income!
How is that BAD for us?
flangelet 3 years ago
You will defend us?
You would be speaking German right now if it wasnt for the USA. We have propped your sorry asses up since the end of WWII.
It is hard to have an intelligent conversation with an individual who proudly boasts that their economy is a service economy, and thinks this is a positive thing.
Your envy is obvious. As I have said, the USA has short term problems facing us, no doubt. But the UK, is facing very serious long-term problems. Whether you want to admit it or not.
Noahgoy 3 years ago
Moronic yanks think they won WWII. The Russians won WWII, dummy.
Why do you think the Imperial Japanese surrendered? The Russians invaded Manchuria and the game was over... the atom bomb had little to do with the end of the war in the Pacific. Do some research past your own ego-boostig propaganda.
FYI the usa crippled the UK with massive debts during the war because, surprise, most yanks were/are german/irish/italian, namely pro-nazi. Do some research beyond watching 'Saving Private Ryan'!
flangelet 3 years ago
I cannot hold an intelligent conversation with a fool who thinks a service economy is stable.
How long do you think people will seek your services when they can get it for 1/10th of the price in India?
You are deluded. Your real estate crisis is just beginning. Ours is almost over.
The UK will be swallowed whole by the EU. The once proud British Empire, is now a joke on the world scene.
We have atleast 10 states that are worth more individually than the entire UK as a whole.
Noahgoy 3 years ago
Remind me about the state of the Rupee and the prestige, quality, experience and legal framework protecting investors in the Indian subcontinent?
LOL
Stick to something you know about... don't try to inform me about the marketplaces for financial services!
flangelet 3 years ago
Financial Crisis: IMF slashes UK forecast and warns of recession
The International Monetary Fund has slashed its growth forecast for the UK by more than any other major country in the world, as it warned that the UK is heading into recession. British pound falls to two year low vs. dollar after BOE cuts growth forecast.
Financial Crisis: UK Real Estate crisis looms
Your financial problems are just getting atarted.
Your arrogance is displayed by your denial.
Noahgoy 3 years ago
Recession is smaller than Depression, right?
Definition : TWO quarters of negative growth. Q2 was positive... so we can't be in a recession until next Spring at the earliest. What's inbetween? Christmas! No recession til next Autumn then!
Yes, house prices are going to fall. We have no Fanny Mae, no Freddie Mac and no connection to the dollar, except we make money out of them when we help people sell them and we make money out of them when we help people buy them. Service economy, hur?
flangelet 3 years ago
Our problems in the UK are tiny compared to the usa's problems.
I am sorry you are sore, I'd be sore too if I lived in a 3rd world country that once sent men to the Moon, once thought of itself as all powerful and world-class, once had money to throw about and owned its own movie industry so could make flix telling everyone how great and clever it was.
I feel your pain!
flangelet 3 years ago
In the words of another great american, Ronald mcDonald, "M lovin' it!"
flangelet 3 years ago
LOL....3rd World Country?
As i said, we have 10 individual states worth more than the UK as a whole. All the indicators point to the UK as the next Brazil of the 1970's, but honestly, that is not what I want. If i did not encounter arrogant, envious fools such as yourself, my impression of Brits would be high.
I am not sore at all, my standard of living is quite high. The anger is coming from you, not me. I am quite certain the UK will deteriorate further, and it is just getting started.
Noahgoy 3 years ago
LOL
flangelet 3 years ago
PS.....do some research and see which country has a higher GDP per capita
Table 1: National Average Per Capita Income using PPP method
3 United States 37,500
21 United Kingdom 27,650
LOL.....wake up fool !!!
Noahgoy 3 years ago
LOL
In a year's time, I would DEARLY love to be able to chat with you and ask you if any of the things we discussed has come true... but I do not think you will have a pc nor a net connection, let alone a roof over your head or a lifestyle to speak of.
Bye Bye.
Tip : Learn the words to "Brother can you spare a dime!" and learn where you can get apples... to sell for $60 apiece!
flangelet 3 years ago
1. The British Pound is dropping rapidly against the dollar
2. The USA has the 3rd highest per capita income, the UK is 21st.
3. The real estate bubble burst 2 years ago in USA, it is just getting started in UK.
4. You try to convince me a SERVICE economy is stable.
You refer to things like the movie industry and our space program because your argument is nonsense.
You have no understanding of what is happening in the USA or your own country.
Are all Brits this ignorant?
Noahgoy 3 years ago
1. Another way of putting it, since currencies move AGAINST one another, is that the dollar is rising 'from its previous low levels'.
2. Erm... for the moment!
3. The failures took this long to show up, hur?
4. Financial 'services'... if you were talking aromatherapists and mobile head massagers, I might take your mantra-like repetition of your 'argument' seriously.
Hint : How ever many times you say the same bs, however loudly, however forcefully, it still smells like bs!
flangelet 3 years ago
BTW I know EXACTLY what is happening in the usa. I recently considered putting the money I took out of dollar denominated stock back in... forget that! Now I'm looking at australian mining stocks instead!
The usa is a dead duck and will be for years to come. A toxic investment of a 3rd world nation to be avoided at all costs.
flangelet 3 years ago
BTW I mention your space programme because when your gov starts cutting spending will going to Mars or the Moon seem like a 'good' idea compared to funding soup kitchens?
Since the Japanese own your movie industry and India/Bollywood do a better job cheaper will they make them in Burbank or Mumbai, mmm! A no brainer, methinks!
flangelet 3 years ago
If you think your real-estate crisis is 'almost over' then I must get your email address or mobile number. I need a laugh.
I will need to discuss how 'over' it is when you are waiting outside your bank, trying to withdraw your savings with the rest of your hometown!
LOL
Yanks are the only ones still going on about the British Empire... you are so behind the times, pal! Come into the 21st century, already!
flangelet 3 years ago
I am not sure where you get your information, there are no bank runs in my hometown.
Do you think people have to live in grass huts because a bank fails?
You must be about 25 years old, with very little life experience, because your comments show little understanding.
Let's watch and see how your SERVICE economy holds up in the coming years. AS i said, you will become a member of the EU, because you will have no choice.
I am done trying to talk intelligently with you.
Noahgoy 3 years ago
You were 'talking intelligently'? I thought we were typing?
I'll let that poor grasp of language and definitions on your part go for now...
Tell me about TBills? CDS?
Please!
flangelet 3 years ago
Your dirty nation, the tragic yankland, has been fighting an economic war against the nations that might have challenged it's supremacy during the 20th century.
You crippled the UK, France & the countries you 'openly' fought in WWII.
Now it's payback time.
We will enjoy seeing you drown. We may even sell you a liferaft, as you did to us in 1940, if we feel like it.
Then again, since we do lots of business with the FSU & Saudis, we might just let you drown.
It's only business, pal!
flangelet 3 years ago
flangelet, I'm new to this conversation... but you're not very smart... but think you are..
rjamesgoebel 3 years ago
You're right. I'm not that smart trying to overturn american brainwashing by argueing on the net.
But I am better informed!
flangelet 3 years ago
im british and your talking shit. there is, reported today 1 million properties empty in the uk. the estate agents are FULL of desperate sellers. the poles are going home. the divorce rate is falling. people arent leaving their parents and moving on their own. ill take the blue pill please.
liquidity is dead. the banks are toast. buisnesses are dying. NO CREDIT. no matter how good the business.
the dollar is no better though. norweigen kroner, thai bhat and GOLD.
houghton101 3 years ago
Of course... that's because estate agents are still telling idiots NOT to drop their prices because they need to stay afloat on commission!
The demand IS there. If you live in the NORTH with me, it's certainly here!
I bet you live in the rich south where they deserve to go bust a little! N/S divide means those London dummies need taking down a peg (or percentage point) or twenty.
It's SLOW up south but we ain't dead yet!
flangelet 3 years ago
pent up demand? this is just a myth like government targets for construction which are based around revenue targets from tax, not any real need.
estate agent stay afloat on the volume of transactions, i.e the difference in revenue if people drop prices is minimal. its better for them too sell three houses a week at 50% drop than 1 at 100%
no offense mate but your just another delusional mug that doesnt understand the basics. NO CREDIT. the banks are bust. the £ is fucked. YOU MUG.
houghton101 3 years ago
Just because the dollar is rising, as indicated by the falling oil price (see oil price if in Sterling or Euros, it's kinda steady! lol), you think things are getting worse for us.
Dur!
You don't get it do you? lol
OPEC is gonna keep oil over $90, they've said as much so lots of closed fields in NSea that were uneconomic at < $50 could be reopened.
There is no shortage of oil in & around the UK... there is a shortage of cheap oil.
Small country = lower transport requirements.
Good for UK.
flangelet 3 years ago
Ron Paul is the most straight laced excuse for an anarchist lunatic that hippis like yourself have to turn to, because they cannot rely on their own reputation and coherence of arguments to establish rapport in a discussion. Hence your name calling, and lack of respect for an oposing viewpoint.
rjamesgoebel 3 years ago
One other thing genius.
How has the British Pound ventured against the dollar in the last 3 months?
You better do some research before you spout your stupidity.
How has the Euro done in the last 3 months against the dollar?
You are one of the fools who is consumed with envy, so much so, that you stick your head in the sand.
The UK will be swallowed by the EU. The British Pound will cease to exist within 5 years. You will become the poorest member of the EU.
That is reality.
Noahgoy 3 years ago
How can the financial powerhouse of Europe, the 2nd richest country in Europe with the most respected banking system and central bank in Europe, be the weakest member?
Now who is envious?
Want some Sterling? We have no intention of using the Euro.
You are living in a dreamworld where the usa is still some kind of country instead of a bankrupt banana republic! Wake up. Lol.
flangelet 3 years ago
When you call your Congressman or Senator about the Bailout, also ask where 2.3 Trillion missing dollars are from the Pentagon. Break their Stones Day & Night. 2.3 Trillion would give every Man, Women & Child $8,000.00 Dollars Each.
The United States is being Extorted by International Bankers who will drain our Treasury to ZERO, Wake Up People.
Copy & Paste this message for other people to see
rocksiphone 3 years ago
God help the honest Americans ripped off by the biggest crooks in America. I hope you make those greedy amoral bastards pay . The world is full of these Banksters sucking the life force out of each and everyone of us.
dotsonascreen 3 years ago
Economic high treason.
southdakota1001 3 years ago
Holy gosh diddly darn we are soo dooomedd
DMoy2 3 years ago
downfall of america under bush's watch is imminent
kentan2202 3 years ago
This has been flagged as spam show
This is about the same situation Pakistan is passing thru. Countrys economy is being loaned/sold @ the rate of a common mans life leading to anxiety & flux in all departments of life ensuing in no-investment crisis & every new govt blaming the past for all the hazards & again taking its hands out to beg for more loans. The country is being sold out eventually by parts, with disorder, joblessness, fake inflation, injustice & hypocrisy as the main issues resulting in anarchy & suicide bombing,
yahoovisitor 3 years ago 2
Hear the lyrics from this great song:
Ott - Roflcopter
This song was created before the economic collapse becomes real.
jacinthocanus 3 years ago
Greetings from America. WE'RE FUCKED!
JoeDebtor 3 years ago 3
Everything is a plan, do some research on secret societies.
Novusilluminatus 3 years ago
Previously when Bush & Algore had proved as rivals of equal strength in the elections & again a debate for the seat started the US $ & the stock markets were heading to a collapse. The same state seems to be rising once again. But now it seems to be rising before the elections. How will the economy survive if this situation of anarchy continues. Unless clear policies of developing the US economy taking positive steps is given its difficult for the US economy to be handled by the new president.
yahoovisitor 3 years ago
A little over two years ago:
1) Consumer confidence stood at a 2 1/2 year high;
2) Regular gasoline sold for $2.19 a gallon;
3) the unemployment rate was 4.5%.
4) the DOW JONES hit a record high--14,000 +
But American's wanted 'CHANGE'! So, in 2006 they voted in a Democratic Congress and yes--we got 'CHANGE' all right. They have destroyed our economy and now they want to change it even more. What a disaster of a party. No wonder they've lost 7 of the last 10 elections.
milehigh587 3 years ago
What the FUCK does a democratic congress have to do with the federal reserve system that's existed since 1971, and what do they have to do with banks issuing loans they knew people couldn't pay. Stop rooting for your team, and look at what's going on in the world. BOTH SIDES ARE LYING TO YOU.
thejerbear79 3 years ago
I agree with you thejerbear79, it's time for a change, I hope people wake up with this US economy collapes.
chonwayne909 3 years ago
Poor US, but i think its there own fault.
The govermont made billions of dollars from it and now it returns them.
CoolKidX85 3 years ago
There are victims you dont even acknowledge in the Poor US; those that truly are poor. If you knew the truth about how theyve been living all along maybe you wouldnt love to hate so much, nor be so naive as to think being american means being well off.
aintpluggedin 3 years ago
This has been flagged as spam show
The SUB PRIME LOANS which caused this crisis in the Mortgage Industry are always in the HISPANIC COMMUNITY across the country. Who is responsible for giving the SUB PRIME LOANS TO MAJORITY HISPANIC PEOPLE?Why is PRESIDENT BUSH allowing OUR TAX DOLLARS to rescue peoples' homes who have NO SOCIAL SECURITY NUMBER!HOW can you tax or track a homeowner who has NO SOCIAL SECURITY NUMBER OR EIN NUMBER?I have a right to know.I am a US CITIZEN.I am tired of giving ILLEGAL ALIENS ANOTHER free ride!!
iamauscitizen 3 years ago
america i'm afraid is not a democracy. its a plutocracy, a country run by a government of elites, by elites for elites.
victor256in 3 years ago 3
And how many billions or trillions will be wasted on this phony Iraq war?
RayAir1 3 years ago
So basically unless a giant gold or platinum meteor gently lands in the United States the U.S. is screwed.
moebigsley1976 3 years ago
amazing commentary considering whats now happened
BigAbeNZ 3 years ago
stock up on your cans of food and hide them well, dont let them trigger mass suicide, maybe thats the sick plan.
polite777 3 years ago
Fuck US
kingharsh71 3 years ago
dogspawn shutup you fuckin fag
illuminatikey 3 years ago
I think this is true of everyone, if you think about it.
dogspawn 3 years ago
I have been doing a TON of reading and research on the economy and the true condition of it, and everything you've said is in agreement with what I have discovered. Elaine Meinel Supkis would agree with you. I read her blogs everyday. When do you think things will worse??
nashvilledisco 3 years ago
great comment!
myspacesecrets 3 years ago
That's what happens when your country is full of fat people whose expertise is to scratch their asses and gobble burgers all day long.
seppukuhierarchy 3 years ago 4
No, that's what happens when our government is full of fat people whose expertise is to scratch their asses and gobble burgers all day long.
Gurgle103 3 years ago
the powers of darkness are gathering, but will be overcome...just remember, you got to go thru hell, before you get to heaven
ITILII 3 years ago 4
LADIES AND GENTLEMEN FOR SOME HISTORY, AND SOLUTIONS TO THIS ECONOMIC CALAMITY THAT IS "THE CREDIT CRISIS" SEE: Firewall: In Defense of the Nation State
Ascendyourthinking 3 years ago
watch my other series and you will know what to do!
myspacesecrets 3 years ago