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Originally posted by rajaten
Wasnt there some prediction here on ATS about the 20th October being the day the US financial system collapses or something similar?
There is one other 'point' which will occur in the next two weeks also which will make headlines across the world and I point directly at India and the commonwealth games. The Iranians will most likely be blamed for assisting in some method which is entirely false.
China sent financial markets into turmoil after it increased its benchmark interest rate by 25 basis points with effect from tomorrow.
The move to raise rates by a quarter percentage point was flagged by the Chinese authorities as an internal signal to property developers that rampant house price inflation was intolerable and would be controlled by the Beijing government.
However, the rise was seen more widely as appeasing US policymakers, who have called for China to increase the value of its currency.
The IMF warned earlier this month that the world economy was threatened by attempts to artificially depress currency values. China has long been accused by the US administration of maintaining low interest rates to keep the value of its currency low and exports cheap
The IMF warned earlier this month that the world economy was threatened by attempts to artificially depress currency values. China has long been accused by the US administration of maintaining low interest rates to keep the value of its currency low and exports cheap.
Originally posted by rajaten
They tanked $19.50? What does that mean?
Originally posted by VenomVile.6
Blossom Goodchild made another one for that date
thefederationoflight.ning.com...
Dig in !!!
Originally posted by DLay2012
Our Father
Who art in heaven
Let the S4!7 hit the fan! Please!!
I want so badly for the current system to collapse.
I liken what's happening to a computer restarting. America: The Reboot. Like shutting down with Vista and waking up with 7. The Phoenix rising from the ashes. Make sense?
What if... just what if we wake up tomorrow and the "news" is going crazy? Like waking up on 911. 'Member that? I remember waking up on 911.
Will I remember waking up on October 20th? I sure hope to God I will. It's got to happen sometime. Now would be good.