A star and a flag and a thank you for the synopsis. All I can say is after reading this I am not surprised the Secret service does not want protesters at G20. Perhaps it is time to call Osama.... [/sarcasm]

Thx for the factual post. This is the kind of info-gathering we need to spread the word on a much needed exponential scale. Ofcourse, knowledge is power. If ALL of us soaking it up like sponges present these facts to those around us, instead of the more vague method of presenting whatever comes to our minds at given moments, then I'd say we can more effectively empower EVERYONE to being able to make preparations. The internet is helping the free flow of info, but EVERYONE is not going to research on thier own until we convince the of the truth that is awaiting them in the near future (not to mention, the president has just been given the authority to simply turn off the internet in times deemed by him to be necessary). The rule "word-of-mouth is the best advertising" I think definately should be one main motto in any movement to tell facts and spread truth, and will be the only means if/when we lose the internet. Sorry for the sermon, I enjoyed the post that much ;o)

[edit on 1-9-2009 by rygi23]

Close to 600 Bank of America locations to be closed.

Saw on the news the other day that BOA wanted to repay half of the money it got from the government. I guess now I know where they are getting some of their money to repay that debt.

Great thread.

Thanks, exmissletech, and timewave. You've both proven to me the worst is over I can go back to life as normal Also, the banks, govt., power elite love me

In all seriousness excellent, excellent thread.

Death to the NWO, and down with the b@st@rds in power

S&F

Aw, I remember that October 6. That was just after reinhardt's favorite group wrapped up their meet. The market immediately dived just after the opening bell. It plunged 800 points but within the last two hours or so soared 500 so down 300 for the day. Some $2 trillion were lost that week.

I am shocked but I'm not.

I'm not sure were to invest what little I have left. In the end, it probably won't matter.

The change train is coming. I'm not sure whats on it but I am certain I won't like it.

You think it's bad now over the health care issue? Wait until it's so bad, we forget about the health care issue.

Oh sure, you can hoard food, water, and ammo. But happens when you run out of food, water, and ammo?

Then what?

I have to end this post now because I keep drifting off thread, deleting it, and trying again. I give up.

I second, third and fourth the motion that this is a fantastic thread backed up with factual links and lays it out so clearly that I truly have nothing more to say besides BRAVO! S&F

I love the sky jump scenario as an added kicker. This sucks though!

Thanks for putting all of these articles together. Great find and very scary. I too don't understand how the stock market has been showing some recent gains. I think it is being inflated on purpose by our government and will tank soon.

S&F for shizzle. I must add that I am also glad to see a post relating to our spiraling economy backed by solid citing and evidence gathering. As for the future...whatever...if our economy must fail and millions thrust into poverty for the betterment of the world as a whole so be it. Maybe people will finally lose all faith in the current system and we can start building a system based on empathy, love and global need...shah, and monkeys might fly out of my butt (wayne's world)...here's to wishful thinking...good luck my brothers and sisters.

Someone have any analyse how this will inflect the rest of the world?

Loved the skijump analogy, the minute my bank equity stocks start to take a turn for the worst im pullin them right out... even when negatives are slamming me in the face I still like to remain a bit optimistic and would like to see it play out into my own life a tad...

Good Collation,
I am very very suprised it has not slipped yet as such, thinking strongly it would be spring this year.

Keynes has been ressucected, however it was shown in the 70's and 80,s his unique approach did not work in the modern world of the markets and only really had a place in the very differant world of the 30's and 40's 50's. (not saying the opposite as touted to keynes then and the rampant march of capitalism under Mein Thatcher and Regan et al proved this, or was the alternative though!)

I heard last night and checked Britain is using abbout 90% of its Quantitatvive Easing (or monopoly money, devaluing the currencing Keynes style) to purchase its own Gilts and Bonds....


This was never never done in the original post depression Keynesian bailout, instead the printed money was used to fund public works etc, this amount of self purchase is an experiment in the mildest terms and is as we speak devaluaing the entire GB Plc every second, and further endebting it for probably a hundred years or more, unless of Bankruptcy is the aim.

I still see people who seem to have lost all of their rational approach to the realities of what and is going on now, with the low interest rates making those able to get credit thinking and saying "It is cheap" " or it only costs (x amount) a month to borrow more), the same motivating factor that brought on the original sub prme situation, and it baffles me. Though to be fair I understand it as if a Nuclear Phycisist started trying to explain to me the very deep levels of Star Formation I would be lost very quickly.

With experience in the field of economics both Macro and Micro it seems so plain to me and for a long time many many on ATS to have seen this, and really is only a situation of Timing rather than when and if.

The real fear for me, is not the terrible effects of housing, education health etc for the average joe in the west, as bad as that is, but what this as historically has always led to will unfold into. World War is a real possibility in a resource grab, My God look at 9/11 Iraq Afghanistan etc hen everything was prospeous etc...

The true worldwide implications of this trigger event are a very real, apparent and looming danger.

Hopefully I am wrong, Keynes hiumself stated somewhere though I forget when or where that you cannot use historical data and such like to predict or react to current financial situations, which I disagree with, you can use them for a "Flavor" or the upcoming events and trends if only from a Sociological and political point of view. Considering he said this, and all of the world western leaders are clutching at his solutions for a previous unrelated depression leaves a sign of the panic, or lack of unique and new ideas of how to proceed in this situation in the echelons of world economics.

Hopefully though Keynes was right, and my fears of the coflicts to ensue in the years following the last part and end, of the rollercoaster ride of the Free Market Show are in fact, not to be worried about as even though every such precedent in history has previously, created global or maJor conflicts beyond what any in our generations can even imagine, this according to the Giant of the 20thC Keynes has no basis of playing out in the real world, if his economic views can be extrapolted to geo political situations.

Kind Regards,

Elf.

In modern history the USA has been seen as one of richest nations in the western world. I have only one question - where has all the money gone?

My first post! And on such a dire topic.
Good work on the research, and like the visual ski jump.
I can't help feel two things, 1. - What can we do? We can help ourselves and our immediates, but on a large scale the MSM have got it sewn up. 2. If TBTB are so in control, why are they allowing such open discussion and speculation about this upcoming crash? Wouldn't this then suggest they are allowing us-the great unwashed - to fret about this whilst something is happening in the shadows?
Maybe I'm just hyper paranoid!

But what about REAL PRODUCTION...? Its not enough that too much money is in the system or that other paper markets implode...to be another Zimbabwe, the United States would have to simultaneously experience a collapse in productive capacity.

As it is, America has a hyper surplus of industrial and agricultural capacity that sits idle. What's "Their" plan to overcome this minor issue?

[edit on 2-9-2009 by IDK88]