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

No Ironside you did not offend me in any way. All you did was give good advice. And for that I thank you.


Sorry about the double post.

[edit on 16-6-2007 by DarkMile77]

Oh, thanks then. I am so used to sarcasm it isn't even funny. I just suggest you must know the basics of survival, such as hunting, farming, and carpentery. These will help you if ever the time approaches.

Originally posted by Kelldor
Hi naysayers

I'm glad ....

We need Ron Paul!

Take care folks!

Ha! Take that John Mike!
Remember behind every great fortune is a great crime.

Mod edit: removed quote of an entire long post

[edit on 6/17/2007 by Gools]

Originally posted by parry noid
... If the US collapses they will be begging Canada for handouts.

I wont dispute Canada's abundance of natural resources, but can Canada realistically defend those resources from a desperate US.

Sadly I think not.

mod edit: removed multiple nested quotes
Big Quote – Please Review This Link.
.

[edit on 6/17/2007 by Gools]

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It'll be fun to see all the hypocrites who hate illegal immigrants become illegal immigrants themselves when their best option to survive is to flee to canada.

mod edit: removed multiple nested quotes

[edit on 6/17/2007 by Gools]

Originally posted by Kingdrakethe3rd
It'll be fun to see all the hypocrites who hate illegal immigrants become illegal immigrants themselves when their best option to survive is to flee to canada.

Oh the irony.

Certainly would make for some interesting debate. If americans think their border with mexico is unguarded, imagine how Canadians would feel trying to patrol the worlds largest unguarded border to keep Americans out.

Speaking of border hopping, would that mean the mexicans would run back home? Wouldn't we also try to flee to Mexico? Now that would be ironic!

have been posting about this for a year and laughed at most of the time


the united states is headed for a recession and the federal reserve is going to have to sacrifice the economy in the Short term by raising interest rates or at the least avoiding cutting rates to help keep the dollar valuable enough to sustain the foreign investment that supports the dollar

without that foreign investment we have a currency crisis and collapse and long term depression here where only the elite will thrive

the problem is how many country's will take advantage of the united states weakened condition and tempt and manipulate our allies to cut ties with us.

The use of dollars by the OPEC country's and it's importance to the health of the american economy is often "KEPT QUIET about" and any country that tries to lead a sell-off into euro's or anything that could start a transition away from dollars to euro's (LIKE IRAQ DID IN 2000) will be punished and serve as a deterent to these ideas)

make no mistake that's why we are in iraq and that is why we unfortunately may need to stay there (to keep this puppet regime in place to keep iraqi oil exports in dollars) and help keep the dollar the major currency in OPEC transactions , otherwise central banks would sell off a massive amount of american dollars (and the american economy devoid of a strong manufacturing base would be facing long term depression)REMEMBER THAT ONE thanks to big corps outsourcing in the name of globalization

problem is there may be some "ILLUMINATI agenda's) that have been waiting to this lapse in american power caused by the fed's inability to cut rates to help economy due to it's weakening effect on the dollar. and in the coming year or two we will see if the illuminati in particular the british masonic elite decide to kick us when were down, as well as another poster mentioned other country's who feared our retaliation tactics may choose to become involved in "minor wars" thanks to our diminished power

maybe a globalist funded islamic group attack on oil intrest in saudi arabia?

OR maybe that is not necessary and the rising interest rates the fed is forced into may tighten the lending supply and choke off the cheap credit available to push the stock market (which will at least have a large "correction) and specificall the DEBT BUBBLE to ridiculous proportions the DERIVATIVES market is the biggest scam thanks to deregulation and these fake assets could go up in thin air when the cheap credit goes poof. The fed may be between a rock and a hard place

if the dollar goes down people will look to put there "money" somewhere

GOLD , guns, and canned foods seem like a good idea

If the economy goes down a lot well even rising intrest rates will not be able to help a sliding dollar (as many seem to think rising interest rates automatically will) however it may cause a SLOWER COLLAPSE

but the NAU whispers and the Amero whispers (not to mention the outsourcing of manufacturing) lead me to believe the standard of living and relative peacefulness in the nation will be falling like a rock, but if the dollar falls the results will be world wide, and the solution i'm afraid maybe a fascist world gov't in the next 5 years. many will die in the process, if it even progresses to the end goal. it seems this experiment with order out of chaos, may in the end provide to much chaos for any order.


[edit on 16-6-2007 by cpdaman]

does this really surprise anyone:

Among those poised to profit from the crash is the Carlyle Group, the equity fund that includes the Bush family and other high-profile investors with insider government connections. A January 2007 memorandum to company managers from founding partner William E. Conway, Jr., recently appeared which stated that, when the current “liquidity environment”—i.e., cheap credit—ends, “the buying opportunity will be a once in a lifetime chance.”

We've let him take away precious rights gauranteed by our Constitution. We let him invade countries that had no premise for war. Why not left him profit off the economic plummet.

This country is awesome!

-----------

I hope you could feel that sarcasm.

Originally posted by cpdaman
but the NAU whispers and the Amero whispers (not to mention the outsourcing of manufacturing) lead me to believe the standard of living and relative peacefulness in the nation will be falling like a rock, but if the dollar falls the results will be world wide, and the solution i'm afraid maybe a fascist world gov't in the next 5 years. many will die in the process, if it even progresses to the end goal. it seems this experiment with order out of chaos, may in the end provide to much chaos for any order.
edit on 16-6-2007 by cpdaman]

Do you realy think the formation of the NAU will cause deaths? Or is it more likely to be a historical treaty signing surrounded by protest and some violence? People tend to sensationalize what might happen, when in reality things never turn out as sensational as they were predicted.

For example, it was 1999 and the new millenium was just around the corner, how many doom and gloom scenario's were floating around promising the end of the world?

In the end NOTHING AT ALL HAPPEND!

I wasn't surprised then and I won't be when the NAU is signed and the sky doesn't immediately fall to kill us all.

It would appear there are differing thoughts as to what is happening so how does anyone know just who is right here



U.S. economy heads into summer with good momentum, helped by manufacturing

Oddly enough the majoprity of sources claiming the US is failing are AU UK or Canadain based accoding to info found on google,
No surpirse there since it could raise theirs.


[edit on 6/16/2007 by shots]

have you ventured into your grocery store lately?

it seems that their been a slight case of inflation going on when it comes to food in recent months, probably in other areas also.

as the price of gas goes up, so doesn't the cost of shipping goods across the country and some of the other expenses surrounding their production and sale, thus the cost to the consumer is increased....
and I would venture to guess....this might increase consumer spending a little?

heck, we increase our spending a little and bought some pepper and tomato plants....a dollar for a lousy bell pepper?? come on!!

the increase in spending on luxury items as compared to the lower end seems to be more of an indication as to the increased rate of accumulation to the top of the income brackets....they have more and more money to waste....while the rest of us start gardening in hopes of feeding ourselves....

a dollar a pepper..........thanks, but we'll grow our own...
looking for chickens and cows next.

Originally posted by dawnstar
have you ventured into your grocery store lately?

What you are seeing is normal seasonal fluctuations. It happens every year actually twice a year when crops are done harvesting in Brazil-Mexico until the harvest begins from the US in California and of course, local markets harvest.

FRee speaker i was not saying the formation of the NAU will cause a great many deaths, i was saying a fall in the dollar as the global currency will cause alot of poverty globally as well as civil unrest violence which will both contribute to many deaths

and to the last poster (SHOTS) you sound just like the talking heads on CNN and CNBC

you are not concerned with truth because truth is dangerous it could cause a panic, so i thank you sincerely for your spin doctoring just like the talking heads on CNN/CNBC there goal it to increase consumer confidence and consumer spending.

this allows the shift of wealth from low/mid class to elite to continue longer but in the end we are going down and for the count unless we elect someone like paul/ or someone who is not a big corporate sponsored stooge and revives the industry infact someone who is willing to unite Russia, China, India and ourselvs in regards to (biggest economies together ) fix the federal reserve system otherwise we all be going down

and all the spin doctoring in the world won't save us

[edit on 16-6-2007 by cpdaman]

I very much agree with and share the same concerns that cpdman brought up. Especially the material regarding the "petro dollar" and the real reason we attacked Iraq. He is right on the mark there. The coming collapse of the Dollar is all Bush needs to implement Continuity of Government (CoG), REX 84, and all them bunk Executive Orders, including the 1 that sais "Congress cannot review it for 6 months". I could see Bush pulling that crap on us right before the election, keeping him in power longer. Replies I have recieved from my elected representatives lead me to believe that Congress and the Supreme court won't challenge him cause they are in on it.

To our Canadians allies, before you laugh at our plight consider that this will greatly affect you as well. We do lots of trade with each other so it stands to reason that you probably have many U.S. Dollars north of the border, and each one will be toilet paper when this goes down. I don't know if you folks have heard much about the NAU up there but they plan to merge Canada into it as well.

My Canadian hero is Connie Fogal of the Canadian Action Party. She RULES!! Check her out folks! She's coming out swinging and giving both barrels on the NAU/NWO and sees this as a direct threat to Canadian National Sovereignty. You folks are getting hammered by the same types of laws that are restricting our liberties and defiling our constitutional rights just like we are. I hope that Americans will stand their ground and fight, and not run north, but some will, and those individuals would be treasonous cowards and if they were shot by Canadians at the border, I would not shed a tear. When the NAU/NWO move happens, Canada won't be safe either.

Check out these 2 YouTube videos:

Connie Fogal of the Canadian Action Party on Ron Paul

North American Union spells political treason

...and this 1 from google vid:
Connie Fogal, Leader, Canadian Action Party. 9/11 A Terror Psy-op that Changed

WOW! I just watched that last vid for the 1st time, OMFG That lady RULES! She is the "Ron Paul" of Canada, speaking truth to power, and calling 9/11 what it is. There's another 1 almost 1 hr. long, I'm watching right now.

Connie Fogal On The Corporate North American Union

She talks about the military industrial complex, NAU, NAFTA, and globalization. She mentions Terrorstorm too.

I started working for 1 of the corporations in the military industrial complex lately. I'm just learning how to build commercial airplanes atm, but but my 1st week of training so far has reaked of globalism. Their powerpoint presentations ram global this, and global that, down our throats. You should see the rest of the sheep in my class just soaking it in, buying into all of it. The instructors seem to preach "globalism" like it's a freakin RELIGION! It sickens me to the core! Talking to them, I can tell they are really socialists, but don't know it, lol!

Globalism = International Socialism, and is therefore incompatible with the Constitution (Canada's too) because it implies a loss of sovereignty. Look at Germany 1933-1945. The Nazi Party was called the National Socialist Workers Party. Nazi is short for National Socialism. Globalism is just an international extension of National Socialism.

Gotta head out, Good luck folks, and Go Ron Paul! Go Connie Fogal!

I agree with what the OP and cpdman are saying about the economy.

Sorry Shots but it is not AU, UK, and Canada propoganda that is predicting a depression, but many respectable US economists are doing the same.

I agree with you cpdaman and have read your excellent posts on this topic

There are a number of countries now that have either switched to the euro, or buy part of their oil in euros. This is not a good thing for the U.S. economy, anyway you look at it. The middle class in the U.S. has been shrinking for some time now and getting poorer and poorer with the passing of each year.

You brought it on yourselves with your total apathy for whats going on in your country. Dont complain when your paper money is worthless, because YOU wanted it that way. You accepted their garbage money, you played into their hands, you reap the consequences.

This is a purposeful devaluing of the dollar, its a purposeful crash of the economy. Understand that, big financial players all around the world understand what is happening, and are abandoning ship. The globalist scum had a mission, and theyve been working on it for decades, to sink the greatest country in the world, America, and they have succeeded.

Your image of peace and humility is ruined all around the world. Your government sold your sovereignty away to foreign interests, mostly from Europe. Selling the ports and waterways and highways and national parks to foreign companies is just part of the plan to make sure America has no control over its own domestic policies. The American people have no say whatsoever in what goes on anyways.

Now they have got you into massive debt, both personal and national debt is at an all time high, the trade deficit is at an all time high, the dollar has never been worth so little, and its going to be worth nothing at all in the near future. Prepare because its coming, and martial law is gonna follow it.

You brought it on yourselves, people. For years, people have tried to warn you about the evil thats going on, we tried to warn you about how they were sinking America into the grave, and you wouldnt listen. The media told you everything was okay, and you believed it. Now you suffer. Your apathy will come back to haunt you, and your chickens are coming home to roost.

[edit on 16-6-2007 by LightWorker13]

/sigh

I suppose we Americans are going to get the "I told you so" treatment a lot. Americans by and large do not support the policies our government have been undertaking. Congress and President approval numbers are 29% or lower. They are waking up in huge numbers though because of the amnesty legislation being rammed through congress by corporate interests, elites, and interests of socio-ethnic groups.

I encourage what allies we have left abroad to hope for the best for the American people, and here's why.

The Constitution of the United States of America is about the only thing left standing between 1 world socialist government enslavement of all people, and freedom and liberty, because if we fall, so will you.

I am every day working to engage more and more of my fellow Americans to help defend the Constitution, and in 1 week from today I'm going to join in a march through Seattle where we hope to have a sea of American flags waving. Hopefully my people see all the "No NAU" and "No Amnesty" signs and wake up.

ok lets stay civil

congress is looking to pass a bill that will force china's hand in allowing it's currency to rise, and thus weaken there trade surplus

but this is not always a good thing for the united states, but now adays congress is acting on behalf of a globilization effort not the american middle class

see this will help give china a nudge to hold less dollars in its central bank and other nations will follow, in fact china has already begun doing that and the bond market took notice

also bush co. are/had been in bed with the house of saud (duh) and have been for a while, and unfortunately as a result we are responsible for funding terror by supporting the saudi regime which thanks to there money and media muting you hardly hear about the whabbist radical islam movement that is the house of SAUD(which britan funded btw). the main exporter of the OPEC country's. however as america's militairy might and economy gets worn out we may not be the best "protector" for the very very corrupt ( house of saud ) who's behavior we gladly "ignored" and the puppet masters may be waiting to take advantage of this

the federal reserve is not able to cut intrest rates to lift the economy which is doing poorly ( if you are a U.S international business you may be doing well) but not if you primarily operate domestically) because they are afraid this would cause the dollar collapse to be more sudden, and further stain our ties with OPEC nations (however rising intrest rates will kill consumers and not necessarily strengthen confidence in the dollar) and rising intrest rates (globally) and an appreciating yen will only increase price inflation over the rest of the year


the greedy corporate big wigs want even more money and they know the dollar is not the currency of the future and is running out of steam and congress is in bed with them so guess what? we will pass a bill that looks good on the surface but is devestating in the long run. The Euro appears to hold some promise to become OPEC's currency of the future and amid dollar uncertainty.

AS the united states goes further in debt and globalizes abroard while meanwhile the militiary is stuck in a quagmire in IRAQ where the troops morale is diminishing while more and more are getting injured if not dying outright as well as our depleted levels of equipment (tanks, weapons, defense) our big "stick" of don't mess with us or else we will force regime change may soon resemble a popsicle stick.

and with country's needing to get a better return on investment ,maybe central banks first will decrease there dollar holdings even more, followed by the OPEC members maybe planning a steady controlled exit from the dollar. (maybe the british elite will fund more terrorists (both sides) and covertly overthrow the house of saud) which would be blamed on Al Quida and Bin laden by the way) and after the fall the new regime wil be less american friendly and lead the conversion to euro's.

either way wether something this drastic never happens , the united states "business man" politicans and globalists are helping the demise of the u.s , never mind standing up and trying to stop it.

sorry for all the hypothetical's but they are really not that far fetched IMO



[edit on 16-6-2007 by cpdaman]

[edit on 16-6-2007 by cpdaman]