Economic Crash in Fall 2007 - Repost to correct video sync

[v7nf]

bullshit,its fall asshole,I have babies to worry about,stop spreading fear.

[btbking]

haha sucks to be you.

[enlightenedtwo]

Can you say Educational Reformation. If and when you take a hit in the form of an economic correction, always try to time it with a reformation of your educational system. I'm pitching the whole idea of an Interdisciplinary Educational System (IES).

[twolvefan8]

nice job dude i agree!

[Armonis]

You predicted correctly.

[zenithomega19]

this is one gigantic cluster fuck...and the Fed is fucking up BIG time....

[zenithomega19]

...right...except the stock market WILL crash (badly)...

..this banking mess is ONLY going to get worse folks....

[sapins68]

america has the richest resource in the world from copper mines to corn field to oil to steel america is blessed

[MarkDouglasC]

Basically I agree --except its nonsense that some terrorist attack is "planned". And money doesnt disappear in stocks. Someone gets it. Whoever sold it to the morons that bought high, they get it. The sucker holding the bag, pays the guy that sold it to him. I got out of the market. Im looking for a place to put my meager 50K cash. What do you suggest?

[jpalme2000]

A certified financial adviser is the right person to talk to about finances. I'm a hobbyist observer.

[Ascendyourthinking]

Larouche already forecasted the collapse in 2006 you are EXTREMELY late!

[timothycrowe]

John, good video. I can easily see how your prediction may just play out. The Market has dropped over 400 points in the first 3 days of trading for 2008. You are giving sound advice in telling others to get out of the stock market. Buy Gold/Silver/Bonds.

[brown9ja]

No Collapse yet?Oil is At $100, its already happened you better pray and pray hard the Saudi's don't dump the dollar, and its "GAME OVER".

[russedwards777]

Happy New Year- No COLLAPSE YET MR Doomer.

Its the end of the year and no collapse yet!!

As for the rest of your predictions- they were already well under way and seen by others. Don't get to thinking you're soo smart.

[jpalme2000]

From Wikipedia: The phrase back-of-the-envelope calculations refers to rough calculations that, while not rigorous, test or support a point. They are far more than a guess but far less than a proof. The phrase is generally used in mathematics, physics and engineering. It refers to the practice of quickly jotting down calculations on the nearest available piece of paper, such as the back of an envelope.

[gods2fight]

I told you so...watch the dollar action last week. Go for Potatoes and Asian Money.

[clubdore]

Euro's ;)

[gods2fight]

What about the rate cut today? Sure the dollar will tank - the Britney and Paris Hilton fans will just get poorer.

Ron Paul is the only candidate who stands for a strong dollar and the constitution. Rest of them will make people "rich" by printing funny money. Ron Paul is America's last chance.

[clubdore]

Idd vote Ron Paul or your Fxxxt. Aim folowing the crash of the Dollar for already 4 years ;) I got rid of my Dollar write on time and invested in Gold and Silver.

[maartenxxxx]

Quite a good analysis John. It's true that there are troubles in the Middle East right now (Turkey invading the North of Iraq). You were also right on the US stock exchange going down and the flight of capital to Europe (the dollar is falling fast).

I don't really get the part of terrorist attacks in the USA.. this does sound more like a conspiracy than some incomplete facts.

[jpalme2000]

The point I was making in June/July was that a large event, such as a terrorist attack or a major world event should be the cover for the fall of the stock market. However, as seen later in the year (Oct/Nov), the dollar value was sacrificed instead of the stock market. Thanks!

[clubdore]

You almost got it write. Iran was a great oputunity to declair WW3. But lol Buch own Intel said they were not making Abom. Thats amzing that the segret intel is doing things behind the back of the president! Vote Ron Paul. Cheers from Europe

[jpalme2000]

A back of the envelope analysis is not a prediction of the future, it's just simple analysis based on incomplete facts. I'm an engineer, not a fortuneteller.

[tuktukktotam]

Word of Wisdom to all of you :

Smart investors are not influenced by Fear or Greed which drives markets , smart investors take advantage of fear and greed of others .Use this rule and you will be very successful

[olamapsa]

'folks in ASIA would like to know the back envelope analysis' Hahahahaha hahaha hahahaha! Haaahahahaaaaaahhaaa! Hahahahaha hahaha hahahaha! Haaahahah Hahahahaha hahaha hahahaha! Haaahahahahahahaha hahaha hahahaha! Haaahahaha!

[peacerebelgirl]

so jpalme2000, what's a person to do to protect their investments? dollars into euros? gold? commodoties?

[HolyLivingshit]

what investments ? You mean paper cash dollars ? Or dollar bank accounts ? Do not you dare buy gold or Euro .Gold is heavily manipulated ,Euro also has problems which media does not cover ,besides Euro is only 5 yr old currency .

Do not be mindless fools . Do not buy overpriced investments .Gold and Euro are overpriced . Real Estate is down 50 % or more . Buy Real Estate like there is no tomorrow . Especially prime lands .

[nodnarbdoowron]

im just now kinda learnin on all this stock stuff. and i have a question if yall dont mind. do all the layoffs in companies have anything to do with this? my dad got laid off for a week. and well a lil while after that got laid off again. well everyone in the plant did. if it does, im takein it that that means that its gonne keep gettin worse......pleese excuse my newness to all this stuff

[jpalme2000]

It depends on what your father does. If your dad is in real estate, the mortgage business, a builder or does thing related to construction, most likely. If not, I'd have to know more about what dad does to give you an assessment.

[EuropeanEye]

mh... 1 euros = 1.41 dollars... pretty bad

[mattmatt115]

im SOOOOO glad america invaded iraq! YES THANK YOU SO MUCH!! you have paved the way for the rest of the world to become economic superpowers :) canada being one and you will see how that is. history holds the key to the future. think of rome, think of persia, greece, all of these warmongering superpowers FELL because of war. usa is pretty much all the way there

[im2stoned2care]

22nd of september, no more new world order, worldwide strike. Freedom not fear - vrijheid in plaats van angst - Freiheit Statt Angst !! 22nd of september, lets all stand up together and say no more !!

[videosmithlaguna]

The interest rate is way to high for the conditions in the real estate market. The fed needs to cut down to pre 2003 levels again. It is true that it is tough out there but the American economy is a robust engine that will always repair itself. Buy good mutual funds and indivual stocks for the long term. I predict the dow will be at 20,000 by 2010. Things will also improve when we pull ou of Iraq and the feds help with the subprime rate. Things don't go bad forever.

[2landscapes]

Seems you haven't watched the other videos or researched elsewhere. You can't keep creating wealth by printing more money.

[johninves]

Never heard of this guy but from all I have read and researched I have come to the same conclusion including another false flag operation and the time frames he is discussing.

This is erie in sorts to hear someone reiterate the conclusions you arrived at independently.

[JackNeedles]

Do you know that nearly all of the Presidential Candidates running are members of the CFR, who want to form a one-world Government and a North American Union? The candidates running who are members of the CFR include: Mitt Romney, Fred Tomson, Duncan Hunter, Obama, Hillary Clinton, and Giuliani. Ron Paul is not a member of the CFR! The CFR and Media hate Ron Paul because he strongly upholds to the constitution. Vote Ron Paul 2008!

[Zhuangyao]

Nah....My friends told me that Dow will hit 15500....cheong arh....!!!!!

[SModikoane]

Wow. You're exactly right. The Wayne Madsen Report is saying the same thing.  Wish I had watched this earlier!!!

[WOGI5M]

LOL me too!!!

[yudyudlamed]

And Bush has Presidential Directive 51 in place to effectively take control of all levels of government in the USA.

[Goat247]

So how bad will it get before it gets better? Will we end up seeing massive unemployment like in the depression when it was at 25% ?

[zenithomega19]

How much of a correction in the 4th quarter are you talking about?

Also curious how you link the possible hostilities to the 4th quarter correction.

Thanks.

[jpalme2000]

Let's see what the Fed says tomorrow. If they open up the Fed Discount window and start handing out money for less, then the liquidity crunch will be eased.

[zenithomega19]

so much for what the Fed says...the Dow had another bad day today.....

[WOGI5M]

You are a genius John! You were absolutely right!

[newmania20000]

This gentleman was not basing this prediction on a terrorist attack, the attack would simply be a cover for when the market downturns. There will be a severe correction in the market in the next few months, and then GWB (or whoever) can blame it on the terrorists. Right now, the biggest investors are getting out, so the charade has to go on a little longer. As always the small to medium sized investor will get the shaft.

[oscillator]

What are you basing your prediction of a major terrorist attack on?

[jpalme2000]

Any attack, disaster, or other major media event will simply be a cover for the next market downturn.

[23ofSeptember]

George Bush just declared that the Iranian Republican guard are terrorists. Thats pretty much a declaration of war on Iran. Its already begun.

[rugged74]

It's all such a joke anymore. One could do quite well, quite well indeed simply doing the OPPOSITE of everything the mainstream media says. Infact, it's been that way in futures for many years already.

Don't believe me? Look at the charts. The "smart money" (manipulators) can't make money if they can't get the market to, as they say, do the impossible.

Watch how many times the market will do exactly the opposite of what it "should"

[LuciusBrutus]

What's going to happen is the wealthy are going to try and offload as much as possible onto greater fools. And the average citizen will be left holding the bag for government debt and garbage investments.

Good info. Keep it up! We need information that these people knew what was going to happen as they point the fingers at average citizens.