Bill Deagle: OCT 7 event would begin with financial meltdown in EUROPE!, page 2
Pages: <<  1    2    3    4    5  >>
ATS Members have flagged this thread 5 times


reply posted on 6-10-2008 @ 07:54 AM by jtma508
reply to post by Trayen11



The credit markets froze solid last week. LAST week. All major economies worldwide are in the process of engineering bailouts, suspending their stock trading and taking all manner of extreme measures to attempt to stabilize their financial systems. Why do you feel it's unthinkable that the system will collapse? It's in the process of collapsing right now as we speak. Can you offer a single event or scenario that you feel would turn things around? There has been a fundamental loss of trust in the inter-bank system. The system has been in the process of slow collapse for weeks now. What can turn it around?

I'm hoping for a miracle but am preparing (as best I can) for the worse. We'd all like to convince ourselves that this really isn't happening... but it is. The writing is on the wall. They're going to have no other option but suspening the financial system while they attempt to devise a 'fix'. Unfortunately --- and again I truly hope I am wrong --- this is it. The real deal.


reply posted on 6-10-2008 @ 07:55 AM by Trayen11
reply to post by savetimerushonline



So...you feel the war games are nothing more than a ruse for them to gain an avantage and have thier planes and warship ready to strike?

I just dont get what the government would gain out of stopping people from getting thier money. Unless thier plan is to start mass riots to the point where marshal law would be declared in virtually every country in the world.

How would that help the economy?



reply posted on 6-10-2008 @ 07:58 AM by Trayen11
reply to post by jtma508



I agree with you there and I can see a market freeze in the near future. But how would a totaly monetary freeze do? Stopping people from getting thier money would not do anything to help.....

if people cant get thier money then they dont buy anything, if noone buys stores close, if stores close people are out of work. no work, means not tax dollars goign to the governments to give them the money needed to fix things.


reply posted on 6-10-2008 @ 08:09 AM by Trayen11
reply to post by savetimerushonline



The only way i see Bush delcaring marshall law would be the market would have to plung 11% in about an hour of trading, this would cause the freeze to step in.

Then Bush would have to make an announcment saying that trading is suspended indefinatley.......and then impose that "bank holiday"

then riots as people try to get thier money, and then you get your marshal law.




I have one question though....if Bush actually emposed his Bank Holiday, do you guys think other countries would follow suit and do the same thing?

I mean say all this crap actually happens. Say in 4 hours from now everything your guys are talking about takes place....as soon as i see that should i run my little Canadian ass to the bank before they freeze our two? Or do you think the other countries may have 42 hours before it happens to them?



reply posted on 6-10-2008 @ 08:13 AM by savetimerushonline
Originally posted by Trayen11
reply to
post by savetimerushonline


I have one question though....if Bush actually emposed his Bank Holiday, do you guys think other countries would follow suit and do the same thing?



ever heard the saying "america sneezes and the world catches a cold"?


reply posted on 6-10-2008 @ 08:16 AM by Trayen11
reply to post by savetimerushonline



lol, yes i have allthough latley it's been a little bit of a different saying.....I've heard it about a million different ways but the infamous one i hear alot where i live is


America throws up and the world get covered in puke.


I know it's harsh man, some people love to blam every hard working American for the problems in the world and i dont think thats fair.

But yes i do know what your getting at. So do you think it would be immediate or would it take a day or two for it to occur globally?


reply posted on 6-10-2008 @ 08:16 AM by Karlhungis
reply to post by savetimerushonline



I think that the first country to impose a bank holiday would be all that it would take to spread it world wide. If we were to hear about a bank holiday in Germany, you know that people would be getting to their bank here in the US ASAP to get their money out before it happens here. That alone would trigger a holiday here.

Let's hope that the markets don't implode today.


reply posted on 6-10-2008 @ 08:20 AM by savetimerushonline
reply to post by Trayen11



in my opinion it would take a day or two, but would happen like a domino effect..


reply posted on 6-10-2008 @ 08:22 AM by Trayen11
reply to post by savetimerushonline



Dammit i was hoping youd say about two weeks as i have a huge sseverance due me on the 17. it would have been nice to be able to get at that 10 000.

I have to stop coming here all the time, you guys are scarring the shi*t out of me. I swear i'm getting a migrane just looking at the market tanks of china, uk, germany


reply posted on 6-10-2008 @ 08:31 AM by patsy22
reply to post by Acidtastic



Hi
I work in the finance industry out here, and yes European banks will be in trouble, and it will move across Europe.

But , I really dont believe anything bad will happen in the US tomorrow on a nuke scale. Some people are thriving on this turmoil and scarying people into not being able to think.

And yes Iceland the country..... not Iceland the frozen food store!!

That is so English humour..... but needed!!!
Pages: <<  1    2    3    4    5  >>    ^^TOP^^



Startling revelations from a Swiss banking insider
  Posted 18 days ago with 28 member flags
Rothschild Speaks: Want\'s One World Currency
  Posted 9 days ago with 21 member flags
ACTA and You - Important Video - It has Begun
  Posted 12 days ago with 15 member flags
Know Thine Enemy! Iran Warns of Coming Great Event.
  Posted 7 days ago with 12 member flags
MSM Try To Debunk Illuminati Denver Airport Underground Facility
  Posted 18 days ago with 10 member flags
They\'re Back!! Soros: Occupy To Turn Violent
  Posted 19 days ago with 8 member flags