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Financial Disaster Will Lead to Civil Disorder in 2009 or 2010, Says Secret Citibank Memo

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posted on Nov, 29 2008 @ 06:00 PM
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Financial Disaster Will Lead to Civil Disorder in 2009 or 2010, Says Secret Citibank Memo


www.infowars.com

An internal memo from a top Citibank analyst reveals what the banks really think about the global financial situation, and the outlook is grim.

"The world is not going back to normal after the magnitude of what they have done. When the dust settles this will either work, and the money they have pushed into the system will feed through into an inflation shock," wrote Tom Fitzpatrick, Citibank’s chief technical strategist.
(visit the link for the full news article)



posted on Nov, 29 2008 @ 06:00 PM
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This article is interesting if verified. It shows that behind the scenes the outlook from a Citibank Analyst.

Either hyperinflation or global depression. That is the call neither prospect sounds very good. A side effect will be that gold is predicted to rise to over 2K an ounce.

I also feel we are at the very beginning of the crisis while it seems most American believe the crisis was avoided by swift action at the fed!

www.infowars.com
(visit the link for the full news article)



posted on Nov, 29 2008 @ 06:04 PM
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Beat ya to it Leo:

www.abovetopsecret.com...

Not sure whether it can be validated or not, but it is interesting, to say the least!



posted on Nov, 29 2008 @ 06:05 PM
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reply to post by Leo Strauss
 


Once again I used the search function and checked the board. Only afterwards did I see this article is already posted! What's up with the search function?? Mods Please close!!




[edit on 29-11-2008 by Leo Strauss]



posted on Nov, 29 2008 @ 06:13 PM
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That's a very provacative, sexy title you got there but the truth is, according to the memo,

We don't think this is the more likely outcome,


THere are two possible outcomes. Inflation or a downward spiral.



posted on Nov, 29 2008 @ 10:05 PM
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Topic already covered.

Please post your comments in this thread.

www.abovetopsecret.com...

Thread closed.




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