It’s Official: The Crash of the U.S. Economy has begun

This second depression wont be as bad if we can keep our diplomacy afloat so we dont get attacked from within or without, and i have confidence the rest of the world is only reacting by exploiting americans ignorance and liberalistic natures towards their double speak and to an insane presidents goal to create peace through provocation. Not to forget though that Isreal has been seiged many times and they held in. i think america needs to stay with isreal because it means something positive for the future of humankind not just the jews, and we as free people cant let fanatic fascist throat cutting ignorance take that region over or we all lose in the end i think. point is at least america supports freedom and life, not stagnation and death.

[edit on 15-6-2007 by mastermind77]

Speaking of Israel, wonder how they'll fare if the US economy collapses. figure a country with a leader who hates them(Iran) would think about going after Israel while the US is struggling with it's own hardships. North Korea might take a hard look at a possible attack on Japan, too.

I guess it depends on when it happens. The only way for it to be an if would be if a fabulous technology is brought to market before hand. And by fabulous it would have to be akin to having electricity, cars and indoor plumbing all rolled into one and in every home in 1840. This invention would have to be far beyond anti-grav, androids, or a teleporter as far as revolutionary devices go. In otherwords, possible but not probable.

Even if it happens between the election of 2008 and the swearing in in Jan 2009, Bush will still be incharge so plan for Orwellian if there is an uprising, if not then expect Great Depression part 2: Non Electric Boogaloo. A post 2009 collapse depends on who is elected really. My opinions:

Hillary- More power hungery than Bush--1984 may seem prosaic compared to what she will do. Frankly, she scares me and it will be a credit to her handlers if she doesn't have public meltdown before election.

Obama-I don't think he is a very strong leader from what I have seen so far. I expect GD2 unless the people revolt, then hello Mad Max.

Guiliani-His only strength is those that will follow him. Without it, he has no power. Expect shades of all three.

McCain-a very weak butt kisser, expect Mad Max to GD2.

Me-I haven't decided to run, because of this very issue. I would try hard to keep it at GD2 but could see Mad Max happening because my policies could artificially cause the collapse unless followed very carefully and everyone had faith enough not to panic before it yielded results.

Ultimately we could benefit from a GD2 if we had the right leader in office. If we don't make some major changes to the way things are done soon, then starting 2015-2025 we are going to be destroyed as a power and drag the rest of the world down with us. the tremors that we feel now is the anticipation of what is going to happen when the Baby Boomers retire. As a nation we followed the old dream of giving a better life to our children without facing the reality of investing in our future. The Socialist programs that FDR used to get us out of the Depression never ended like they were supposed to have done. In essence we gave the keys to a ungrateful teenager that returned the car with an empty gas tank and when straight to bed hiding a hickey.

To me, it seems more of a 're-structuring' of the economy than
a ruination or collapse that's being orchestrated by the bilderberger & the different levels of bankers.

keep in mind that the US thru the political cartel of neocons that have seized power are in the midst of creating a NorthAmericanUnion NAU,
to join all the economic-political-military aspects of 'Big Three' of the NorthAmerican hemisphere into a single entity...

so a planned great depression would derail this process before it had a chance to be finalized...that would be a contradiction in the elusive NWO's
goal... the 2 authors are taking the reader on a fantastic fable-tale, imho



there's a article (7 pages long) that';s probably now archived, even though i read it fresh only last week ~?June 2nd?~
"Meet the Bilderbergers - Our Invisible Government"
www.opednews.com...


in short, the bilderberger that ended on 1June'07, supposedly is following
a strategy termed 'New Dark Age' which might be characterized as the 'economic collapse' idea of the article you linked us to...
...but the outcome is what would be regarded as 'regional chaos'
rather than a repeat of GreatDepression.
the bilderberger meetings were also reported to have OKayed the
price of oil to rise between $105-$150 bbl during the 2007-08 time frame,
if our whole northAmerica economy was destroyed, then that would wipe out the wealth transfer that the doubling of oil prices would bring as planned


<>


As far as the side issue:


you now? realize that the secret agenda of RX the school kids with prozac & other meds for their 'diagnosed' hyper activity or AttentionDefecitDisorders, was to legally disarm the population in some future...which we're seeing unfolding right now ?!! eh?



[edit on 15-6-2007 by St Udio]

Of course if you sell all your stock except the safe ones (precious metals) or even them and then when the markets crash you can buy them back again really cheaply getting a lot more stock for your money. So the priviledged few who knew or saw what was coming become even more rich and powerful.

About globalresearch site -- they never mentioned Anna Politkovskaya assassination and they never criticize Putin. Also i noticed they wrote in favor of ex-Yugoslav president and dictator Milosevic. It seems they are OK with any ex-KGB or other bastards as long as they are communists. They also predicted 'imminent' attack on Iran at least 5 times in 2006, so i wouldn't take their analysis too seriously.

Still USA is sinking in debt and Federal Reserve is privately owned and illegal according to Constitution. USA economy may crash, especially if they get involved in next war.

These are the ones who will shape the future. I'd hate to tell you, but the world is not fair. The weak will always be tortured and forced under corrupt lords. I don't believe America could last another blow, that is why I mention "Lords." They are all that will be left of a possible leadership.

Really... it is easier for a poor man to survive in a crash than say Paris Hilton you already know how to make do with little... those who are well heeled and pampered and fat will feed your family for a few days... then you can make soup stock out of the bones

bad jokes aside it is easier for a poor person to survive lean times since as I said you already know how to do with less.

I told my wife the same thing when the stock market all of sudden started hitting records highs and then somebody on CNBC said that the stock market hasn't been this high since 1927. If history really does repeat itself than we are in for a freaking mess.

The Great Depression was not created by the stock market crash. It was created by an embargo of goods that prevented people from buying imported goods. This embargo was created in order to recirculate money within the U.S., but the results were disasterous, causing the Great Depression to spread throughout the world.

The US has quite a bit of gold tucked away for a rainy day, so I dout the bottom will completely fall out of the economy.

Many countries and people have been switching to the euro as the coin of the day for some time now, which is why the idea of a NAU is gaining momentum.

Simply put, a NAU will have to be formed to stop the collapse of the american economy(most likely the Canadian economy as well). Whether you beleive its all part of a elite plot to rule the world or simply the collapse of a system meant to fail after turning away from its founding principles, the NAU is the only thing that can keep the economy from falling to pieces.

As was mentioned earlier, the US is the worlds police force and if the US fails war will most definently break out. Russia will take back what they consider theirs in eastern europe and China will take the opportunity to secure the asian pacific. It will be a blow the US can never recover from.

Can you please provide the source of your information?

It was from my professor, but I'll see if there's an internet site with the info...

I'm sorry for my misinformation, but it was not an embargo but the Smoot-Hawley Tariff Act.

www.buyandhold.com...

I don't think that Act itself caused the Great Depression I think it helped worsen the Great Depression. Thanks for providing me a link.

The depression would not have been near as bad if it was not for the Tariff, that's for sure. It's the Tariff that caused the Global Depressipon.

The crash will not happen yet, its coming.

First clue for the coming crash will be the end of the current bull market, stocks have increased rapidly in the last 3 years. Some argue that we are starting to see a bubble in the stock markets, not just in China. When the bull market ends, that when it will all start.

Housing will hit the economy hard, but a hard crash in the stock market is going to be much worse. It will just be like the Great Depression, maybe even worse.

(is doing a degree in business, so i know what i am talking about.)

Firstly, remarkable post!

This is an implented and long-term plan that many have claimed has been strategized for years. I do have a hard time dealing with and believing the fact that our president would do this type of thing to us.

I am impressed with your knowledge of the directive, not many Americans are.

Do you have any thoughts on what you personally will do if this in fact takes place?

I really don't think the president or the government in general have anything to do with any upcoming crash except to pass policies that benefit their owners. What will do it is nothing more or less than short sighted policies and good old fashioned greed.... a failure to address the issues and simply put a lack of vision. We have been so sidelined by conservative/liberal/Republican/Democrat thinking (i.e whats good for the party) that our so-called leaders have lost sight of what is good, not just for the country, but what is good period.

The thing that slays me is you never hear about the global depression here in the United States, all we here about was the Great Depression that happened here.