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| A World Financial Armageddon? | |
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| Topic Started: Sep 25 2008, 10:43 PM (11,170 Views) | |
| gibby62 | Dec 19 2008, 12:10 PM Post #321 |
Adopted Child of God
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Dinosaur, Actually I was thinking of a stock market collapse. Something along the lines that first Japan's market would collapse and ours would follow the next morning with martial law declared soon after. |
| Put on the full armor of God so that you can take your stand against the devil's schemes. For our struggle is not against flesh and blood, but against the rulers, against the authorities, against the powers of this dark world and against the spiritual forces of evil in the heavenly realms. Eph 6:11-12 | |
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| dinosaur | Dec 19 2008, 12:26 PM Post #322 |
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The global markets and bourses will collapse after America gets hit with the worst terrorist attack in the history of the world. West Coast ---> California ---> Los Angeles The traumatic shock and fear from this limited nuclear attack will be OFF THE SCALE due to the MAGNITUDE of death and destruction. This coming catastrophic event will change the world in one hour. |
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| gibby62 | Dec 19 2008, 03:31 PM Post #323 |
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Well, aren't you just a ray of sunshine!! :) |
| Put on the full armor of God so that you can take your stand against the devil's schemes. For our struggle is not against flesh and blood, but against the rulers, against the authorities, against the powers of this dark world and against the spiritual forces of evil in the heavenly realms. Eph 6:11-12 | |
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| leghagha | Dec 19 2008, 04:20 PM Post #324 |
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Dinosaur,I agree with you;might not be nuclear but something that will cause much destruction,the dollar will finally collapse then the riots will begin,shortly after food shortages then pestilence(including biological warfare) before the great tribulation which will follow |
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| Wil | Dec 19 2008, 08:55 PM Post #325 |
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Gibby not sure if this is what you were thinking of "Maitreya’s time has finally come to make himself public, again . Maitreya has been waiting for a major event which, we may expect to see in the near future and which he announced as early as 1988: an international stock market crash beginning in Japan" will post the full article in the Share thread here in Watching. |
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| dinosaur | Dec 19 2008, 11:22 PM Post #326 |
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What will cause the collapse of the US Dollar? Earthquakes, hurricanes, massive trillions in debt, enormous bankruptcies, and wild market swings have not trashed the greenback. What will cause the collapse of the US Dollar? Something so horrible, unexpected and unbelievable that the entire world panics. A single nuclear attack in one day on a large metropolis in the USA will freeze the entire financial credit system. The frenzied fear and emotional turmoil in the immediate aftermath will explode worldwide because nobody will know who will be the next target. Millions of people will overreact irrationally, causing chaos, and transportation will be suspended indefinitely until relative order can be restored. Feel free to fill in the blanks with riots, food shortages, fuel scarcity, quarantine restrictions, martial law and *removal* of key human life forms. |
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| Wil | Dec 20 2008, 02:14 AM Post #327 |
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Bomb or no bomb though the Fat Lady is singing: Biden: U.S. Economy in Danger of 'Absolutely Tanking' December 19, 2008 3:42 PM Vice President-Elect Joe Biden said the U.S. economy is in danger of "absolutely tanking" and will need a second stimulus package in the $600-billion to $700-billion range. "The economy is in much worse shape than we thought it was in," Biden told me during an exclusive interview -- his first since becoming vice president-elect-- to air this Sunday on "This Week with George Stephanopoulos." "There is no short run other than keeping the economy from absolutely tanking. That's the only short run," Biden told me. Biden said he has canvassed Republican and Democratic members of Congress about a second "big" and "bold" stimulus package . He said the Obama team is focused on creating jobs and spending on energy and information technology infrastructure. "Every single person I've spoken to agrees with every major economist. There is going to be real significant investment, whether it's $600 billion or more, or $700 billion, the clear notion is, it's a number no one thought about a year ago," he said. The future vice president said the struggling economy will be the number one priority for the Obama Administration next year. "The single most important thing we have to do as a new administration, to have -- to be able to have impact on all of the other things we want to do, from foreign policy to domestic policy, is we've got to begin to stem this bleeding here and begin to stop the loss of jobs in the creation of jobs," he said. In a wide-ranging interview to air on Sunday, Biden gave his most extensive explanation yet on his role in the transition, and what specifically Obama wants him to do after the inauguration. We also discussed: - conversations he had with Sen. Hillary Clinton and President Bill Clinton about the State Department position; -the future of Guantanamo Bay; -the possible prosecution of high-ranking Bush Administration officials for their role in the prison abuse scandal; and what he really thinks of his predecessor, Vice President Dick Cheney. He also has some news on the dog front ... more to come. video here: http://blogs.abcnews.com/george/2008/12/biden-us-econom.html |
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| Israeli | Dec 20 2008, 05:55 AM Post #328 |
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Here is a future scenario from economic analyst John Galt at The Tree Of Liberty... 21 Days: Windows Opening and Closing or Imploding By John Galt December 19, 2008 Window #1: December 19 to December 31 GMAC bank bid fails. This requires and additional bail out for Cerberus and GM to prevent a complete collapse in Chrysler and GM. If the GMAC bank bid fails and they file for bankruptcy, whatever funds provided to the automakers before Christmas will be irrelevant as the car makers lose their financing arms and no banks will step forward to bail them out due to the horrid holdings in GMAC’s portfolio. This could trigger a severe reaction as dealers fail by the hundreds in a very short time period and numerous suppliers join the parade to file for Chapter 11 bankruptcy before year end as they see that GM will not be able to pay them back due to the inability to finance new car sales or leases. Window#2: December 24 to January 11 Israel removes the Iranian threat using unconventional means. The construction of Iranian nuclear labs and processing centers all but guarantees the use of conventional penetrating bombs to be useless for permanently disabling functionality of the labs or even harming the key operating points buried deep underground. This could force Israel to use atomic warheads that penetrate underground then detonate basically sealing the lab and its inhabitants in a radioactive underground tomb and destroying the viability of the location. Secondary targets to insure that no retaliation against Israel herself will be eliminated also. The reaction of the sleeper cells Iran has planted world wide, including inside the U.S. and Europe, plus the Arab street will be the most dangerous aspect of such action. Add in the recent declarations by the Indian Defense Minister that the “military option is not off the table” with regards to Pakistan and trouble is on the horizon. Many a war that does not involve the U.S. are much better to start while we are on our holiday break period. We are also witnessing more Russian arms trading activity with Israel and feelers out to Turkey. This is accelerating at a pace equal to our decline in influence in world events. Window#3: December 31 to January 11 Bush loses control. The bumbling fools who run our economy will make one mistake too many resulting in a total collapse of the banking system. This collapse will require a “restart” which means that until it is stabilized in the eyes of the regulators and political powers, it will be shut down inside the U.S. and probably Canada and the U.K. This would explain the recent news articles in the mainstream media about military movements inside the United States and “exercises” being conducted with civilian agencies. Window#4: December 26 to January 8 The terrorists take advantage of our weakened state and hit us after Christmas or during a major event during the holiday season. This would instantly trigger the unthinkable inside the U.S. and the world knows we are at a point where we could not take such a hit. The financial system would collapse. Martial law would be declared on a regionalized basis. The start of new military operations inside and outside of the U.S. is almost a foregone conclusion. And President Obama’s grand inauguration might well be cancelled and concluded in the bomb shelter inside the United States Supreme Court. __________________ I've always wondered what the 1920's and 1930's were like, but I never wanted to see it from the German perspective..... Edited by Israeli, Dec 20 2008, 05:58 AM.
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| kamcco | Dec 20 2008, 08:06 AM Post #329 |
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Talk about Japan shaking... This morning Japan was rocked with a large 6.5 Earthquake. See link http://earthquake.usgs.gov/eqcenter/recenteqsww/Quakes/us2008avan.php Just a note: Growing up in California, I always heard that if Japan was rocked by a quake, watch and be ready, because the West Coast of the US usually rocks also within a 2 week window afterwards. We'll definitely need to keep an eye out to see if it will come to pass. |
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| dinosaur | Dec 20 2008, 09:30 AM Post #330 |
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Bingo. The timing of a major terrorist attack during this window of vulnerability will shatter the economy to shards. Iran will be blamed as the scapegoat, the President will declare war on Persia, and planted foreign agents on American soil will seek allah's revenge upon the infidels. As a side benefit of war, the USA can renege on its massive debt to other nations, infuriating China, Russia, Japan and others who will join forces against Babylon America. |
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| Wil | Dec 25 2008, 10:55 PM Post #331 |
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U.S. debt approaches insolvency; Chinese currency reserves at risk by Maurizio d'Orlando In a few months, America's public debt has grown to more than 100% of GDP. Fear of a valuation crisis for the dollar, with tremendous consequences for Asian countries, major exporters to the United States. Milan (AsiaNews) - In the United States, the danger of debt insolvency is growing, putting at risk the currency reserves of foreign countries, China chief among them. According to new figures published by Bloomberg in recent days (Nov. 25, 2008 [1]), the American government has employed a total of 8.549 trillion dollars to stop the financial crisis. This means a total of about 24-25.4 trillion dollars of direct or indirect public debt weighing on American taxpayers. The complete tally must also include the debt - about 5-6 trillion dollars - of Fannie Mae and Freddie Mac, which are now quasi-public companies, because 79.9% of their capital is controlled by a public entity, the Federal Housing Finance Agency, which manages them as a public conservatorship. .... In the early months of next year, when the official data are published, the United States will run a serious risk of insolvency. This would involve, in the first place, a valuation crisis for the dollar. After this, the United States could face a social crisis like that in Argentina in 2001. A crisis in U.S. public debt would likely have a severe impact on the Asian countries that are the main exporters to the United States, China first among them. Chinese monetary authorities, thanks to a steeply undervalued artificial exchange rate, by about 55%, have limited imports (including food) and have achieved an export surplus. This has allowed them to accumulate a large stockpile of dollar reserves. In a currency crisis, China risks losing much of the value of its accumulated currency reserves. At the same time, pressure on imports (wheat, other grains, and meat) have led to inflation in the prices of food, the most important expenditure for more than 900 million Chinese. This is nothing more than a small confirmation of the recent statements of the pope, in his message for the World Day for Peace, where the pontiff calls the current financial system and its methods "based upon very short-term thinking," without depth and breadth (nos. 10-12), preoccupied with creating wealth from nothing and leading the planet to its current disaster. [4] Full article: http://www.asianews.it/index.php?l=en&art=14054 |
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| Wil | Dec 27 2008, 12:14 AM Post #332 |
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Watch this all: Argentina's Economic Collapse - : http://www.youtube.com/watch?v=rH6_i8zuffs Edit: Topic continued here: http://all-things-new.net/topic/6541205/1/#new. Thread closed. |
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11:25 PM Jul 29
