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originally posted by: NightSkyeB4Dawn
originally posted by: dawnstar
the silence on it is kind of disconcerting???
oh well, those who have no money can't really lose much money I guess...
What can they say?
"I knew it was coming, but I don't know what to do, so I will just have to hope I will be able to weather the storm".
Many Americans are not individually invested in the stock market. They know a drop is bad, but they don't really know how that translates in their lives.
A shopper knows a dozen eggs that used to cost 99 cents, now costs over three dollars.
originally posted by: St Udio
a reply to: Semicollegiate
....Why Raise Rates Now?
The US Federal Reserve is playing with the idea of raising interest rates, possibly as early as September this year. After a six-year period of virtually zero interest rates...
because... being in the USAs world-reserve-currency role. AND being the first to raise rates...
will automatically cause Trillion$ of regulated, sovereign Bond & Treasury Issues to be snapped up by regulations of the Corporations or Municipalities governing their treasury holdings....
by laws, mutual funds, cities/towns/ governments/ corporations must procure the best rate possible of the best rated bond available ... (fiduciary duties are explicit, not like the vague allowances of hedge fund managers)
with the whole G-20/Industrialized world switching to USA Treasuries from the degraded EU paper,
(and any other paper from Germany-India-Russia or whatever)
that will be a SUPER massive swap of money...
can we think in terms of ~ 10 Trillion in wealth being deposited into the USA treasury with the FED immediately presenting the $4Trillion they have on their balance sheet for payment
ONLY the first and most prominent fiscal-financial powerhouse central bank could or will pull this off...
as other nations step up to deliver the increased interest rate, only then will there be any movement out of the best-of-best paper,,, it might take 6 months or more for all these entities to swap-out their present Aaa rated bonds for AAA required bonds & Treasuries from the USA
This scheme is another reason for the 'de-dollarization' policies of China+Russia & the BRICS in general ... because they figured it out years ago too.... currency wars are escalating now, huh
Why now?
The POTUS election?
The BRIC getting ahead?
originally posted by: St Udio
a reply to: Semicollegiate
You Ask....
Why now?
The POTUS election?
The BRIC getting ahead?
Last weeks 5 day drama with the 1,000 point drop is not the 'whole ball of wax'... there is a lot more to come, probably in the September window
your question 'Why Now' is Premature... the symbolic timing on a particular target date is sure to make more sense than this August 17-21st stock market drop so far... there is the Agenda 30 announcement, the Pope addressing Congress, the Jewish 7th year thing (schemata?) wrap up of jade helm, blood-moon over middle east....
all of these are trigger dates
which will offer a better opportunity to ask 'why now?'
originally posted by: openminded2011
a reply to: xuenchen
Why is anyone surprised by this? We abandoned our gold standard, and the minute we did that our money became imaginary. And now for years, a bunch of sociopaths called financiers and bankers, have manipulated that imaginary money until the manipulation is on a global scale and has become so convoluted, they can no longer control it. So it will certainly come crashing down at some point. Good, it's a rotten corrupt system that impoverishes millions while it favors a miniscule group of individuals, most people are already so bad off they will hardly notice it. When it happens, we should reset the debt, jail ALL the financial criminals who put us here and start over. Iceland did exactly that, and they are doing better than all of the rest of Europe.