reply to post by steaming
Funny I don't think I have ever written about how it all got us to now before. Indulge me please, it is sort of healing.
Knowing that the mortgages would fail, I began to look into banking more. I am a research analyst at heart and classically trained. I am also autistic
and love a good puzzle. I started looking at a lot of things, it was a real eye opener. Then, then, I discovered the Austrian School of Economics and
a little thing called an "Inverse Yield Curve" or an "Inverted Yield Curve". It said that it was one of the number one ways of predicting a
recession or depression and you know what, we had one in America and one in many other countries.
Now if you go look up the "Federal Reserve" and that yield curve, you will discover that it is one of the number one ways in which the Federal
Reserve predicts a recession, heck their computer models are built around it. We experienced this event and when asked about it, Greenspan said to
congress that it was different this time. He flat out lied. The very few people that made the media and talked about it were all selling gold and not
telling people that they had to report every sale to the U.S. government if it was for more than $500. Peter Schiff doesn't tell you that. I don't
preach for money and don't sell anything, I have a job.
Anyways, I kept looking at how it all began, came together and where it is heading. The most wicked of all industries is the entertainment industry;
but, Wall Street makes every effort to catch up and learn from them. All the information is out there; but, the financial industry cannot accept that
things are going to change any more than the housing industry understood that it was going to change, they cannot imagine that the gravy train will
ever stop, they cannot imagine life without stealing your money and being rich.
I cannot tell you when it will come; but, the currencies will crash and the stock market will crash and lots of things ill crash. Turns out the
infrastructure is not all in place. The IMF, Bank of England and U.S. are ready; but, apparently the EU has not finalized the rules for what to do
after the crashes.
Yahoo - Reuters - Europe unable to break impasse on who pays when
Why are all the western nations preparing for something while telling us things are getting better? You can predict the big things, the people who
really understand will just never tell you and the people who work the industries cannot see it because their greed and livelihood depends on it
continuing as it is, they don't want to change anything. Look at how the market reacted to the suggestion that the Federal Reserve might stop buying
bonds, they freaked out.
Follow the destruction of the dollar and the corruption of all of our rating systems. Our financial system is mostly corrupt and the dollar will not
be the reserve currency of the world in the future. We will have an international body set both in the future. Why should the BRIC nations allow us to
be the financial back of the world when we steal from them?
When will things crash, I cannot give a firm date. I am not sure it matters on many levels. It is coming and that is for sure. What I can tell you is
that it won't happen until the infrastructure is in place to bring in a new economic system.
If you wish to know what is being prepared for, look around you. Alarmists like Alex Jones and others see the military exercises in the United States
and tell us that they want to kill us all and go to martial law. It is garbage and because most people find them ludicrous, they ignore the facts that
they do present. People like to dislike the facts if they dislike your conclusion. Remember the mortgage brokers I spoke to? Same thing. We are
preparing for civil disturbances when the banks fail and have to be bailed in. That is the infrastructure that is being put in place.