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Let us contemplate the day in the near future when the consequences of financial chicanery finally outpace the ability of the governments, central banks and big media to cover up and obfuscate the truth. Many respected voices have now gone on record that September 30 or thereabouts will be that day.
Originally posted by postmeme
The US is too big to fail. You won't be allowed to fail because you'd drag everyone else down with you. All countries are interlinked now and the US will simply not be allowed to fail. There might be a heavy price but still everything will go on chugging well they work it out behind the scenes.
Originally posted by projectvxn
As for September 30th? My birthday is on the 24th. I'll be 25. It would really blow goats if the crash of the American Empire happened so close to that.
Originally posted by postmeme
The US is too big to fail. You won't be allowed to fail because you'd drag everyone else down with you. All countries are interlinked now and the US will simply not be allowed to fail. There might be a heavy price but still everything will go on chugging well they work it out behind the scenes.
Originally posted by Sir Solomon
For me I've already planned on stocking up on food once I get into school this fall. I'm starting graduate school so it'll be hard, but between this and any pandemic that may come about I want to be ready to go 2-3 weeks without going outside my apartment for anything. I'm also planning bug out routes already as a "Just-in-case" measure.
Struggling to resolve a 17-day-old budget impasse, Pennsylvania is withholding pay for 69,000 state employees for time worked after July 1.
Originally posted by oneinthesame
What happens when all these laid off and unpaid workers stop paying taxes? Or, if the Treasury can no longer find eager buyers for debt? Sept seems a little early to me, but unless something big happens soon, it looks like there is no fundamental reason for this to end. The house of cards seems destined to collapse, no matter what the nice people on MSM keep saying "we will be out of the recession next year." Wait. didn't they say that last year?
Originally posted by projectvxn
reply to post by kozmo
I'm sorry but the facts don't support your assertion. The market is already overbought based on NOTHING but "less worse" data.
Here's an example of the kind of manipulation the market is running on. The fundamentals are not there for a recovery. But machines that can calculate loss are. It's also much easier if you can gear public policy to suit your needs.
www.abovetopsecret.com...
[edit on 19-7-2009 by projectvxn]