There is no hiding from this people,i am no chicken little but, this ship is going down! ,the sooner people realize it and prepare the better,no fear mongering here.

We didn't see massive civil unrest on the scale of what's being talked about in this thread during the Great Depression...

Originally posted by Reddupo
We didn't see massive civil unrest on the scale of what's being talked about in this thread during the Great Depression...

And we didn't have the massive amount of people that we did back in 1929 was 1.8 Billion.

2008 6.6 Billion almost 5 Billion more.

This wouldn't be a national depression but a global one.

Originally posted by survival
whaaaaaaaat? rex 84? i haven't even heard of such a thing.

"Readiness Exercise 1984."

Came up during the Iran-Contra hearings, it was revealed that in 1984 FEMA held this "Readiness Exercise" where they practiced moving "illegal aliens" into detainment camps all across the country.

It's concentration camp stuff, in the United States.

"The Sky is Falling"

why yes, yes it is.

Originally posted by mybigunit
Alls I have to say is this. Earlier this year a letter sent from a Meryl Lynch analyst to Bill Gates poped up saying to all the big money leave the big cities and more to the country or a ranch that bad things were coming. Everyone dismissed that as crazy and now look. Im trying to find the thread here on ATS and cant find it. I dont dismiss this one at all.

They have been doing that for sometime . The rich are buying up Montana big time . They know whats coming .

Originally posted by Fang
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.

Oh I don't think he was "psychic" either. And I agree that a lot of people saw it coming and kept quiet, they knew and could milk the system as much as possible before the SHTF.
But perhaps that leads more into the theory that this was manufactured to allow the few wealthy elite to cash-in?

Nevertheless, he was right in a lot of ways, and gave that information publicly. And I'll bet a lot of those who laughed him off and lost a lot of money are now thinking about calling him to beg for his advice.

The thing is, most people knew there was a problem, simply because wealth was increasing dramatically, and debt was increasing along with it. But everyone ignored it because they could suddenly afford a bigger house or a second car.
People have long been living beyond their means, and thinking that it was the norm.

It takes a person with financial foresight to connect the dots and see where this leads. Most people couldn't tell you who gives them the money to buy that new car, how many others are getting the same deal, and how that translates to other banks and loans in the bigger market.
Even senior bankers probably couldn't have told you how precarious the system was.

Either way, real or not, ideas in the first post are right; financial hardship causes crime figures to rise, social instability and eventually a backlash against those institutions that (so publicly) caused this mess.

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