Financial Disaster Will Lead to Civil Disorder in 2009 or 2010, Says Secret Citibank Memo, page 4
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reply posted on 30-11-2008 @ 12:55 PM by Electro38
I don't think the memo is real. And if it is real, and we believe that some jerk from Citigroup can predict the future, when he could not predict the fate of Citi, and could not even help Citi. Where was he when Citi was falling, did he predict that Citi would have to be bailed out?

My prediction: We are in a recession. We have been in recessions before. We were in a great depression where the gov. didn't do anything to help until it was too late, and we still survived!

People were starving during the great depression, were there any concentration camps then? Were we under martial law? Did we have a civil war? Answer: no, not even under those conditions did we fall.

Now we have a gov. who acted immediately, before any of us could realize what was happening. The gov's actions are what scared the crap out of everyone.

Could China afford to sit back and let their greatest investment go broke? Answer: no.

I love these people who start falling apart when things don't work perfectly, "we're going to be placed under martial law...", "we're going to have a civil war...", "we're going to be imprisoned in concentration camps..."

Maybe this recession will put a little hair on your chests, pansies. (Just joking about being pansies, but really learn to tough it out a little before freaking out.) Both of my maternal/paternal grandparents went through a great depression, then right into a would war, very hard times! Some of us give up too easily. What doesn't kill us makes us stronger.







[edit on 30-11-2008 by Electro38]


reply posted on 30-11-2008 @ 01:10 PM by Fang
Originally posted by detachedindividual
reply to
post by Fang



But, there is evidence that he has been predicting the financial problems accross the board and consistently. Even in the face of other "financial analysts" hired by said institutions he's been proven right and they wrong.

If you put him and a bunch of bankers against each other, over the past couple of years he has been right, and they have been mocking him openly, and been proven absolutely wrong.

I know who's opinion I'll trust more.

As for the OP, this is common sense.
It doesn't take an analyst to suggest that financial hardship causes civil unrest. It is inevitable.

On the news this morning they were reporting civil unrest in Turkey as a result of this financial crisis.

If the problem persists and deepens, civil unrest will spread to other nations, it's only logical that this will happen. It's not scare-mongering to have a sensible attitude and prepare for what is probable.

The only thing I hope is that the people fire their anger in the right direction. When you have people attacking the institutions truly responsible, and the people still claiming big pay for a lousy job, then it's all justified. But when they start attacking the infrastructure of the country, affecting the lives of regular innocent people, then it's out of hand and needs controlling.

TBH, I'd gladly watch the mansions of the greedy elite burn without any sympathy.


And I'll be watching the bonfire to with a smile on my face. But I don't buy into this 'Schiff the psychic' stuff. Lots of people saw the writing on the wall. Greed, self interest and more greed, meant they didn't shout about it. In the UK, I heard on numerous ocaissions from colleagues that Northern Rock was a house of cards. But while NR was expanding market share, increasing 'shareholders value' and making profits, no one said anything too loudly.



reply posted on 30-11-2008 @ 02:30 PM by Electro38
reply to post by Atomic



Yes! I did that too. Went through college without a pot to piss in, I could barely make it there some days because I was riding on empty (not enough cash for gas in my car). I even ran out of gas a few times on the parkway. You learned how to survive! You got good at it.

Luckily I haven't had to resort to my skills yet. When I do, I'll know exactly what to do. (But I doubt that will happen.) WE won't have it half as bad as our grandparents who got through the depression and WWII.

We might have to pass on that new TV, or going out to eat! Poor us... we have it so bad!

Yes! Read books, learn a new craft, improve your karma, meditate. Create stuff instead of just buying stuff. Maybe the reaction we're starting to hear from the pansies, I believe are the moans of withdrawal from consumption.

I don't mean to sound condescending, sorry. We're all in this boat together. All I'm saying is that we might get some boo-boo's, so lets put a band aid on them and toughen up a little.


[edit on 30-11-2008 by Electro38]



reply posted on 30-11-2008 @ 02:43 PM by JediK
reply to post by Atomic



I don't know, Atomic. Even Paulson described this situation as a "once in a century" type deal. I still think we're in the early phases of this, and we ain't seen nothin' yet.

It's not all about surviving, either. It's about what these crazed sheep will do when they finally wake up. (That Wal-Mart stampede serves as a reminder for me about how crazy these people are going to get.)

Let me say it again. We ain't seen nothin' yet.


reply posted on 30-11-2008 @ 03:01 PM by jfj123
Originally posted by DimensionalDetective

Financial Disaster Will Lead to Civil Disorder in 2009 or 2010, Says Secret Citibank Memo


www.naturalnews.com
An internal memo from a top Citibank analyst reveals what the banks really think about the global financial situation, and the outlook is grim.

"The world is not going back to normal after the magnitude of what they have done. When the dust settles this will either work, and the money they have pushed into the system will feed through into an inflation shock," wrote Tom Fitzpatrick, Citibank's chief technical strategist.

He goes on to explain that the massive money creation efforts by the Federal Reserve and other central banks will end with one of two things: A resurgence of inflation, or a fall into "depression, civil disorder and possibly wars."
(visit the link for the full news article)

MOD Note: PLEASE READ: *Revised* - Instructions for the Breaking News Forums

* Copy the exact headline of the story into the headline field, don't make one up or sensationalise it. Submissions with inaccurate, biased or otherwise deceptive headlines may be moved, closed or deleted.


[edit on 11/29/2008 by semperfortis]


well to start with, I think it would be a good idea to post all the info without clipping it to slant the meaning.
In addition, even if this were true, the morons at citi, couldn't even run their business so I find it impossible that they'd be able to predict world market outcome.
Sounds like nothing more then fear mongering to me.


reply posted on 30-11-2008 @ 03:01 PM by CKD2K9
reply to post by DimensionalDetective



So what's the use of complaining about something if we're not gonna commit to what needs to be done to solve any certain crisis? Heard it suggested somewhere that faith without works is dead... I don't have any answers either, tho, so - HMMMMM - what a predicament huh? Gotta laugh or i jus might cry. PEACE


reply posted on 30-11-2008 @ 03:08 PM by JediK
reply to post by jfj123



Remember though, that it's the banks that are causing this...

They want this to happen; at least, those at the very top of the pyramid. They're doing a really good job making it sound like a 'crisis.' Most people are too tuned in to college football, American Idol, or Dancing with the Stars to even understand the implications of what's actually going on.

Citibank plans to cut over 50,000 jobs. That's not fear-mongering. That's real.


reply posted on 30-11-2008 @ 03:50 PM by jfj123
Originally posted by JediK
reply to
post by jfj123



Remember though, that it's the banks that are causing this...

They want this to happen; at least, those at the very top of the pyramid. They're doing a really good job making it sound like a 'crisis.' Most people are too tuned in to college football, American Idol, or Dancing with the Stars to even understand the implications of what's actually going on.

Citibank plans to cut over 50,000 jobs. That's not fear-mongering. That's real.


They need to cut jobs to keep from going out of business. If Citibank planned to ruin their company, they're more stupid then I thought they were. They acquired too much risky debt because they were greedy. It's not like their master plan is to push their company to the brink of bankruptcy then beg the government for money.
It's really simple.
Greed with blinders on.
The fear mongering comes from people misrepresenting articles to create a sense of fear.


reply posted on 1-12-2008 @ 09:47 AM by GRANDWORLDDRAMA
reply to post by Boognish



im not one to know astro locations
i just know that theres this big blip that keeps getting bigger every year
take it for what it is
it is what it is, whatever it is
and as for planet x, i dont know if it exist or not
but Revelations speaks of the star Wormwood falling into the sea
making the sea bitter
SO, theres going to be some astrological activity soon
Bible speaks of signs and wonders in the Heavens
what ever it is
It is just a little odd


[edit on 1-12-2008 by GRANDWORLDDRAMA]


reply posted on 1-12-2008 @ 11:08 AM by drsmooth23
Originally posted by DimensionalDetective


Gives more credibility to the DELIBERATE ORCHESTRATION theory

www.naturalnews.com
(visit the link for the full news article)


Man the end must really be Nigh because i actually agree with DD for once.
this whole situation reminds me of This episode of The Boondocks.

(spoiler alert Ed Wuncler, who is Woodcrests own "Mr. Potter", has been trying to buy the town park for years, but the state wants too much money. so he gets Grandad to open a Soulfood restaurant across the street which creates a chain reaction which ultimately leads to the property values plummeting. Ed Wuncler closes the restaurant down at the end of the episode and grandad looks defeated, while Ed Wuncler looks across the street to the park to see it fenced off with a large "Wuncler Construction" billboard inside the gates, then he smiles.

I say the first cat to make a multi billion dollar land grab should be shot out of a cannon into a brick wall.
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