Economic Collapse 2 0 - Change is Coming - Part 2

More information to digest. Prepare, a tsunami approaches.

China's Economy Faces New Problems
http://seekingalpha.com/article/115201-china-s-economy-faces-new-problems

Baltic Dry Index rebounds; shipowners not enthused
http://www.livemint.com/2009/01/14223140/Baltic-Dry-Index-rebounds-shi.html

Major Japan shippers see profits fall FY08/09 - Nikkei
http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUST278025...

Baltic Dry Index - george4title's explanation
http://www.youtube.com/watch?v=SXATSV8S3-M&
California welfare cuts expected to be deep
http://www.mercurynews.com/breakingnews/ci_11475296?nclick_check=1

California controller to suspend tax refunds, welfare checks, student grants
(link gets cut off, highlight the text and Google it)
http://www.latimes.com/news/local/la-me-budget17-2009jan17,
0,4472460.story

Report: Over 8 in 10 corporations have tax havens
http://apnews.myway.com/article/20090116/D95OHIB80.html

Democrats push Obama for smaller tax cut in stimulus package
(link gets cut off, highlight the text and Google it)
http://www.latimes.com/business/la-fi-obama-taxes14-2009jan14,
0,7093997.story

Obama seeks public support for stimulus plan
http://www.gmanews.tv/story/144617/Obama-seeks-public-support-for-stimulus-plan

Disney CEO Receives $13.9 Million Bonus for 2008
http://online.wsj.com/article/SB123214722152391805.html

AIG Retention Pay Rises to $619 Million
http://washingtonindependent.com/26099/aig-retention-pay-rises-to-619-million

Detroit CEOs to Get $1 Per Year? Not Quite
http://washingtonindependent.com/21196/detroit-ceos-to-get-1-per-year-not-quite

Banks Try New Ways to Handle Bonuses
http://dealbook.blogs.nytimes.com/2008/12/19/banks-try-new-ways-to-handle-bon...

Bank Watch: Dow ends up, but another bank fails
http://www.thedeal.com/dealscape/2008/12/bank_watch_39.php

ABC - Halliburton moves to Dubai
http://abcnews.go.com/GMA/Politics/story?id=2943017

Congress starts out the year with a raise
http://lakeconews.com/content/view/7005/764/

Shocking: Offshore tax havens of the US corporate elite
http://rawstory.com/news/2008/Offshore_tax_havens_of_US_corporate_0116.html

All comments welcome.
http://www.youtube.com/user/nwosigns

Category:

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Tags:

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• California
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• Bonus
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• Reserve
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[dave777blaster]

18trillion went out of USA to pay for the frauds of the banks

there is still 500 trillion left in derivatives to clear

so expect a very long depression of extremely hard third world living.

each year that passes you will be sinking deeper into the third world.

and then the North American Union will roll out in 2010 the poor will trample the constitution the flag and anyone who stands in their way to get into the NAU so they can eat.

they have orchestrated the biggest take down in history

[nwosigns]

Excellent point. People will be begging for the NAU if it means they will eat. Hell, they'll walk willingly into a camp.

[alessioNY]

thank you for the video. 2 bad its so hard to get people to watch it.

[nwosigns]

why ruin their perfect little illusion. Sometimes people don't want change.

[askat33]

i guess you right and also i think not even US will floated also the whole world ...

that's the biggest fear the gouverments now have that the people realize that no matter in what job the working !

i live in europe and gouverments or tv is said change is coming in economy but i know they do it just for to keep the people quiet i guess same as in US ....

sorry for my english isn't my native language hope you see what i ment ... :-)

[nwosigns]

Got it clear. Thanks. Now they're saying that the economy will get better later this year :)

they are crazy.

[Celiza78]

After 1930-40s Money never exist

[smmeegal]

Things will get worse and worse until people will have no choice but to retaliate, that could be pretty scary as people will kill people for food and the like. If you've always been financially poor it wont be so different, food and water will be the important stuff of life but if you've been used to much more on the consumerist front well I'd hate to see just how fucked up those people are gonna get cos they will take it out sum1. Consumerism has helped create this scenario we're heading to.

[lute760]

The Illuminati says that we will have a new currency by or around the end of this year.Once gas reaches $5 a gal.you can expect another stock market plunge and this is exactly what they're shooting for.Then at the tail end of 2012 we will see Solar Maximum cause widespread blackouts causing the water pumps to stop working creating disease.Perfect time to introduce a scientifically engineered pathogen into the water supply.Mass civil unrest and disease.The perfect excuse to impose Marshal Law.

[GrooveDoctor77]

its no secret the US is in a deep slump ,but this news was before Obama was president ,..hey we can be like the Amish ...and survive , thats what were doing ...hangin on just bareley...but still surviving , people would do alot better and be happier just letting the expensive things we dont need ,expensive hobby or items for fun and the debt that follows ..just letem go ,if youre not working think positive and go out and get a side buisness ,use your talents,...stay positive

[dirtrider169]

i beleive its coming but my broke ass cant do anything about it or i would be ready !!

[shelly2shoe]

it has been perdicted in prophecy that babylon the great will fall which is the usa

[0101010101010101ful]

really nice vid,almost one of a kind

[forten47]

You need to research why California state is bankrupt. They put the state pension funds in a corrupt real estate deal in NYC> Mybudget360 has the information.

4.9 BILLION GONE !!

[rewilkins2]

@Tsmith183 YOU SAY: "You are wrong to blame corporations". However, that not true. Corporate corruption has led to trade agreements that steal jobs from Americans, and only benefit the corps that pushed for the deals. Corporate corruption of our political process means our tax dollars go to developing new drugs which are then priced out of the reach of taxpayers who need them and health insurance whose cost skyrockets while the Co.'s withhold services. This is one reason of many.

[Tsmith183]

Fannie and freddie have lost over $100 billion during the crisis so far and the government just extended them a blank check knowing there are more loses coming. You think that is a good use of tax payer money? To throw it at a lost cause?

Also regarding your comment about tanks and bombs, the sole purpose of a government is to protect its citizens, so I'd expect them to know more about that. Read a history book, or better yet, the Constitution you clueless hack.

[TheSteelGeneral]

what if you're wrong? Even, now that you already have been proven partly wrong, what do you say?

Lets get some basic facts out there:

1. the economy will pick up, because the population is still growing. These are all gonna need products

2. the West is still the best place to make stuff cos we have the best infrastructure to do so.

Those that destroyed the educational portion of that infrastructure, we call them Repubs.

DON'T VOTE REPUB, they will only give your taxes to businesses.

[TheSteelGeneral]

a FOURTH problem Americans have:

They really believe that they know how to spend their money better than the govt.

This is a ridiculous notion. OF COURSE 2,000 housewives in Duluth don't know crapshit about buying Tomahawks or B1 bomber planes, so why should they be more knowledgeable about spending money on roads, bridges, doctors and teachers, versus high-polluting consumer goods like Twinkies and fast food?

The ideal repub model is anarchy, where citizens know best: anarchy! Has never worked.