New World Order Price Tag: 11.9 Trillion! Rogue Waves Impact Summer 09!

You perhaps may want to take a look at this:

The cost of mopping up after the world financial crisis has come to $11.9 trillion.

According to the IMF...The International Monetary Fund... the
11.9 Trillion price tag figure is about one Fifth of the whole world’s annual financial revenue, including loans injected into banks to prevent collapse!

The cost of absorbing those toxic assets, guaranteed debt and liquidity support from central banks...staggering, setting the record cost for any crisis yet!

Yet...this figure also represents £1,779.00 to each woman, man, and child on the planet! So...question is...do you all still want to be part of a New World Order? Do you still think your standard of living will increase? Do you still want a bank account with the Bank of International Settlements?

Or maybe some of you realize now, and have for a long time; and have seen this undermining of nations sovereignty...calling it for what it is!

The IMF calculations, produced ahead of the two-year anniversary of the crisis, underline the continually mounting cost. Most of the cash has been handed over by developed countries, for whom the bill has been $10.2 trillion, while developing countries have spent only $1.7 trillion − the majority of which is in central bank liquidity support for their stuttering financial sectors.

www.telegraph.co.uk...

What if there is no economic recovery? What if this is as good as it gets?

As anticipated by LEAP/E2020 as early as October 2008, on the eve of summer 2009, the question of the US and UK capacity to finance their unbridled public deficits has become the central question of international debates, thus paving the way for these two countries to default on their debt by the end of this summer.

If that happens...all of those who have speculated on a new reserve currency will watch as it becomes a reality.

The IMF holds in reserve the funds not used as special drawing rights.

At this stage of the global systemic crisis’ process of development, contrary to the dominant political and media stance today, the LEAP/E2020 team does not foresee any economic upsurge after summer 2009 (nor in the following 12 months)

(1). On the contrary, because the origins of the crisis remain unaddressed, we estimate that the summer 2009 will be marked by the converging of three very destructive « rogue waves »

(2), illustrating the aggravation of the crisis and entailing major upheaval by September/October 2009. As always since this crisis started, each region of the world will be affected neither at the same moment, nor in the same way

(3). However, according to our researchers, all of them will be concerned by a significant deterioration in their situation by the end of summer 2009

(4). This evolution is likely to catch large numbers of economic and financial players on the wrong foot who decided to believe in today’s mainstream media operation of “euphorisation”.

Apart from these very high profile events, the number of failures of large, medium and small companies and financial institutions is rapidly and steadily growing. The speed should increase even more after summer 2009. Meanwhile, in the United States, United Kingdom and Spain in particular, a second wave of real estate foreclosures is gestating as well as a wave of state, county and town debt defaults during summer 2009. Financial media’s “green shoots” are only hiding the “dead leaves” of the real economy…

The waves are as follows:

1. Wave of massive unemployment: Three different dates of impact according to the countries in America, Europe, Asia, the Middle East and Africa

2. Wave of serial corporate bankruptcies: companies, banks, housing, states, counties, towns

3. Wave of terminal crisis for the US Dollar, US T-Bond and GBP, and the return of inflation

Leap 2020 English


Surely this will be a summer of discontent. Considering the waring signs we have here in the U.S. I will not be suprised if this actually comes to pass. There are many shoes left to drop...


[edit on 10-8-2009 by burntheships]

That's funny since they stole twice that since october. The last numbers on the ``bailout`` we had were 23.7 trillion...

IMO this is a sick joke... why would the IMF price tag for the NWO be 11.9 trillion...or about exactly HALF of what the current bailout price is? This is a sick joke to those who understands what the game is...Sick sick sick.

Ouch!

Interesting, so basically the bailouts were actually a papering of the financial base of the NWO. Basically they are going to sell us up the river using our own money. Isn't that just special.

The developed countries are just trying to keep things afloat until they can pull the plug.

reply to post by Vitchilo


From what I understand, 11.9 trillion was just to pump the IMF and World bank with liquidity. The rest of it is for reserves when they pull the plug, the "money" that they have will be used to exchange it out for whatever new monetary instrument they come up with.

It will just be an announcement one day in the paper, how do you bypass the constitution? Give all the big banks all the money and in order for them to stay a float they say we can no longer do business in US Dollars because it is worthless.

You guarantee that the financial(power) structure, that they corrupted and installed, weathers the storm, all the while the country suffers a complete collapse, economic and political, and nothing changes except the dissolution of the US Constitution for whatever kind of government they want.

Now that is of course if it all goes according to plan, they have about 150+ million Americans standing in there way.

Lol, Hastobemoretolife, just coming to that conclusion? Whether it was planned from the beginning (1913) or not really doesn't matter because it is the way it's working out. Remember that the IMF is headquartered in Washington, D.C., very convenient huh?

www.imf.org...

Headquarters 1 (HQ1):
International Monetary Fund, 700 19th Street, N.W., Washington, D.C. 20431

Headquarters 2 (HQ2):
International Monetary Fund, 1900 Pennsylvania Ave NW, Washington, DC, 20431

Originally posted by Hastobemoretolife
reply to post by Vitchilo

 

Now that is of course if it all goes according to plan, they have about 150+ million Americans standing in there way.

And they've created a contingency plan for that one too, in case the Americans attempt to stand in their way. Martial law due to the "economic crisis".

Can someone please explain what the waves are ?

I'm normally fairly astute on these things - but am a bit adrift on this threads thread -

reply to post by audas


I'm not sure what you're referring to. Can you quote it?

reply to post by audas


Thanks for asking that...was propping my eyes open to finish that OP...added it now!

1. Wave of massive unemployment: Three different dates of impact according to the countries in America, Europe, Asia, the Middle East and Africa

2. Wave of serial corporate bankruptcies: companies, banks, housing, states, counties, towns

3. Wave of terminal crisis for the US Dollar, US T-Bond and GBP, and the return of inflation

Is no over, yet, about 10 trillion of bad assets are still floating around, and this news here should make people take all the OP more seriously.

The world economy needs a second stimulus if it is to avoid the fate of Japan in the 1990s when the country was stuck with years of sluggish growth, Nobel laureate and professor of economics Paul Krugman told CNBC Monday.

www.cnbc.com...

reply to post by Vitchilo


Yes...it is rather sick. Twisted if I might add. The only thing that is sicker is that the bail outs have not worked (not that I expected them to *sigh*) to any degree, and the money has gone unaccounted for, the ponzi schemes run rampant in the banks now, and they are passing out large bonuses again. And to add insult to injury, the projection is there will be another bail out needed!


reply to post by Hastobemoretolife


Ouch! Indeed!

Originally posted by Hastobemoretolife


You guarantee that the financial(power) structure, that they corrupted and installed, weathers the storm, all the while the country suffers a complete collapse, economic and political, and nothing changes except the dissolution of the US Constitution for whatever kind of government they want.

That does sum it up in a nutshell. Lets hope all 150+ million Americans have some trick up thier sleeve. If not...sadly...
What can we do?




[edit on 10-8-2009 by burntheships]

reply to post by marg6043




That has to be one of the most insane things that I have ever heard. I need to find out where Krugman got his degree to make sure when I have kids they never go there.

So we have to repeat the same measures that Japan did in order to stop what happened to Japan? Now if that isn't backwards logic I don't know what is.

@burntheships

You and I both, unfortunately I believe that there will be so much chaos that they won't be able to contain it that is the only reason why they won't succeed, after it goes on long enough people will eventually group together though.

reply to post by Iamonlyhuman

Originally posted by Iamonlyhuman
Remember that the IMF is headquartered in Washington, D.C., very convenient huh?
www.imf.org...

Headquarters 1 (HQ1):
International Monetary Fund, 700 19th Street, N.W., Washington, D.C. 20431
Headquarters 2 (HQ2):
International Monetary Fund, 1900 Pennsylvania Ave NW, Washington, DC, 20431

Really convenient. The trojan horse sits in our country!


reply to post by marg6043

Originally posted by marg6043

The world economy needs a second stimulus if it is to avoid the fate of Japan in the 1990s when the country was stuck with years of sluggish growth, Nobel laureate and professor of economics Paul Krugman told CNBC Monday.

www.cnbc.com...

Bad news there! Krugman....I almost choked on my coffee reading that! He is the poster boy for the Fed.

That is what that write up is all about. They are letting us know in no uncertain terms there will be another bail out!


Yet Krugman like most economists have no answer!

late last year, Alan Greenspan, the former Federal Reserve chief and high priest of capitalism, was forced to admit in a Congressional hearing that he had "found a flaw" in the foundations of his economic understanding. Nice euphemism.

And at the weekend, a panel of leading economists wrote to the Queen trying to explain why they got it wrong. If there were such a thing as a car-crash letter, this was surely it.

The world's financial system lies in ruins, as do the fiscal balances of almost every major Western nation, after having to bail out their banks and splash billions of dollars of rescue money into the broader economy.

Everyone is suffering, as unemployment climbs, house prices fall, and companies rack up losses or even face collapse. Yet the economists have still failed to find their form again........

......Rising delinquencies among consumer and corporate borrowers are the “next wave” of the financial crisis and may affect banks that have avoided losses so far, said Deutsche Bank AG Chief Executive Officer Josef Ackermann.

“This crisis has consisted of a series of earthquakes, with changing epicenters,” Ackermann said late yesterday at an event in Zurich. “Bad loans are the next wave. Banks that have fared relatively well so far will also be affected by this.”

www.globalresearch.ca...

[edit on 10-8-2009 by burntheships]

reply to post by Hastobemoretolife


Well you know the so call "experts" they just using the "keep bailing out logic" to leach the worlds population for the benefits of the global banks.

Is just like socialization for the benefits of the capitalistic elites. they get to have free capitalism, while the rest of the nation gets socialized and government supervised benefits.

Originally posted by burntheships
reply to post by Iamonlyhuman

Originally posted by Iamonlyhuman
Remember that the IMF is headquartered in Washington, D.C., very convenient huh?
www.imf.org...

Headquarters 1 (HQ1):
International Monetary Fund, 700 19th Street, N.W., Washington, D.C. 20431
Headquarters 2 (HQ2):
International Monetary Fund, 1900 Pennsylvania Ave NW, Washington, DC, 20431

Really convenient. The trojan horse sits in our country!

Oh yeah and I forgot to add the World Bank headquarters:

web.worldbank.org...:20041066~menuPK:34582~pagePK:43912~piPK:44037~theSitePK:29708,00.html

headquarters

The World Bank
1818 H Street, NW
Washington, DC 20433 USA
tel: (202) 473-1000
fax: (202) 477-6391

reply to post by marg6043




Yea that is the truth, it's like their answer to all problems, is throw more money at it. One idea that is a rare bird is, "lets cut spending". Don't ever hear that, it makes a lot more sense than just throwing money at it.

reply to post by Iamonlyhuman


Double convenient!

Bankruptcies: The Next Wave

Corporate credit conditions could worsen despite the fact that investors and lenders have already been inundated by bankruptcy filings. So far in 2009, according to BankruptcyData.com, 139 U.S. firms—with assets of $386.2 billion—have filed for bankruptcy protection or liquidation. In all of 2008, 138 firms with assets of $1.16 trillion filed for bankruptcy.

In 2007, by contrast, bankruptcy was filed by 78 firms with assets of just $70.5 billion.

The reason bankruptcies could get worse before they get better? "There is still a lot of debt on the balance sheets of Corporate America," says Craig Barbarosh, an attorney at Pillsbury Winthrop Shaw Pittman and expert on bankruptcies and restructuring.

www.businessweek.com...

See how this is playing out...how the rogue waves are going to hit.
Recovery? Green Shoots? Heh...not fooling many!

Credit is not flowing. In fact, credit is contracting. That means things aren’t getting better; they’re getting worse. When credit contracts in a consumer-driven economy, bad things happen. Business investment drops, unemployment soars, earnings plunge, and GDP shrinks. The Fed has spent more than a trillion dollars trying to get consumers to start borrowing again, but without success. The country’s credit engines are grinding to a halt.

Bernanke has increased excess reserves in the banking system by $800 billion, but lending is still slow. The banks are hoarding capital in order to deal with the losses from toxic assets, non performing loans, and a $3.5 trillion commercial real estate bubble that’s following housing into the toilet. That’s why the rate of bank failures is accelerating. 2010 will be even worse; the list is growing. It’s a bloodbath

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