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Originally posted by Escrotumus
Cpdaman: But if this were true, then wouldn't this mean that the fall would only be that much harder when the dollar really does crash? Since we are now sending so many more dollars out of the country by paying so much more for oil, then what happens when all of those dollars come rushing back home after the dollar crashes and the other countries that have them start to unload. Seems to me that the govt. would anticipate this as an endgame to what you are suggesting. This would be likened to taking a pill to cure you of a common cold when the pill is known to cause cancer a few years down the road. Doesn't make sense to me.
For two decades, the public has subsidized corrupt, crooked, conniving Wall Street elitists without a peep of objection. The problem is that the public citizenry in the Untied States is profoundly ignorant, based upon lack of reliable information and lack of ability to discern much beyond video games and reality television shows and new hamburger options and Hollywood star drug habits. The majority is clueless, while the enlightened few feel helpless to contend with a corrupted system that controls the media networks, regulatory bodies, and law enforcement
Originally posted by St Udio
a 'crash' may well come to the stockholders... but any 'crash' will be less severe on the Corporate or Treasury bond holders... not saying they won't take their licks too....but the middle class with their 401k all in common stocks will suffer the most.
the model for 'saving' the economy is a Fascist-corporate takeover
with the Fed getting new and expanded powers, as the SEC and the US Treasury and Govt all allow the fascist Fed to takeover all theduties that Congress, Treasury, SEC were supposed to handle.
look for more & more regulations, rationing, and a lot of industries being nationalized on a basis of that area or product being of "[Strategic National Importance"
prepare to now revisit the 'Grapes of Wrath' world condition,
even if i am able to extracate myself from a 'super-depression' i won't...
as i could never be an elite.... how bout you?
Originally posted by ThreeDeuce
Come on guys.....
many of you think that our government has alot of secret technology
If this is true, how can our economy really crash, unless they want it to.
If our economy crashes for good, too many business men loose too much money. I don't think it will happen.
Considering its late July already, and oil prices are going down, I do not see an imminent crash.
WHO ARE THE REAL OWNERS OF THE FEDERAL RESERVE?
1. Rothschilds of London and Berlin
2. Lazard Brothers of Paris
3. Israel Moses Seaf of Italy
4. Kuhn, Loeb & Co. of Germany and New York
5. Warburg & Company of Hamburg, Germany
6. Lehman Brothers of New York
7. Goldman, Sachs of New York
8. Rockefeller Brothers of New York
All of the above listed men are Jews. Note that ALL are also "foreign" with established headquarters in Europe even the ones in New York are only "branches" of European establishments. There are an additional three hundred people, approximately, mostly relatives, who hold stock or shares, and they comprise the ownership of this monster, the massive wealth of which is beyond man's comprehension.
Originally posted by blindtheory
This crash will give us the chance to rid ourselves of a rather barbaric economic system and elitist control and point the ship in a new direction if we choose.
Originally posted by malcr
We currently live in a throwaway society where goods are replaced frequently rather than repaired and re-used as my parents generation did. That change in society will change the way the economy functions. Instead of masses of retailers constantly increasing sales you will end up with more repair services, self reliance, secondhand shops etc. Of course the retailers will be screaming recession, the press will help make that voice louder and the shallow people who only have 20 designer outlets to choose from instead of 40 will be panicking!