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What IF the TEOTWAWKI Crowd is Right?

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posted on May, 23 2009 @ 06:47 PM
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reply to post by Avarus
 


There are no coincidences. All this stuff is part of the plan. I'm not some conspiracy nut. The picture is all coming together now. The government is the only one who can save us--not. Don't believe all you hear, do your own thinking, listen to your gut. This ain't gonna turn out pretty. It's almost time for the SHTF.
Have a nice day, and thank you for shopping at Wal-Mart.




posted on May, 23 2009 @ 07:30 PM
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besides, the market is slowly improving...hit bottom a couple months ago at 6k...market reacts first, then the economy...market has been raising slowly...and like magic...the economy is slowly starting to climb..


reply to post by SaturnFX
 



Brother...I agree with the general attitude of your post.....enjoy each moment...etc....but I am afraid the market has not recovered.



Fed's economic forecast worsens





The market is does not look good......

NEW YORK (CNNMoney.com) -- The Federal Reserve's latest forecasts for the U.S. economy are gloomier than the ones released three months earlier, with an expectation for higher unemployment and a steeper drop in economic activity.

The Fed's forecasts, released as part of the minutes from its April meeting, show that its staff now expects the unemployment rate to rise to between 9.2% and 9.6% this year. The central bank had forecast in January that the jobless rate would be in a range of 8.5% to 8.8%, but the unemployment rate topped that in April, hitting 8.9%.

0:00 /1:02Japanese economy shrinks, again
The Fed also now expects the gross domestic product, the broadest measure of the nation's economic activity, to post a drop of between 1.3% and 2% this year. It had previously expected only a 0.5% to 1.3% decline.






[edit on 23-5-2009 by whiteraven]



posted on May, 23 2009 @ 08:46 PM
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reply to post by whiteraven
 


No doubt!..There are a few of us on here that could make your pie in the sky "green chute" smoking financial planner jump out of his 5th story office window...

Yeah, there are many things to be hopeful for, but a financial recovery within the foreseeable future is certainly NOT one of them



edit for SP

[edit on 23-5-2009 by RolandBrichter]



posted on May, 23 2009 @ 10:24 PM
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reply to post by RolandBrichter
 

All past empires on Earth have fallen, so it is not a matter of if, but when.

With all the different issues piling up on the US at one time, the
odds are better now than have been since the Great Depression.

The big differences between now and the Great Depression is we
did not import 80% of our oil.

We did not have thieves hiding their debts in derivatives and then
telling pension funds and 401ks to invest in them as if they had value ?!?!?

We did not have multi billion dollar bailouts of industries that made
million dollar bonus payments to executives for doing a crappy
job, and then the next year quadruple those bonuses.

The whole deal where the AIG execs are getting 400% bigger bonuses
this years screams their silence is being bought.

What story do they have to tell ?

I think we have a few months at best before we find out.



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