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Over 75 years ago Wall Street Crashed; but today the New Crash is already underway...
- Thread starter SouthAmerica
- Start date
June 20, 2011
SouthAmerica: Reply to BLUEDAY000
That is not a nice language.
By the way, I can read what you wrote.
SouthAmerica: Reply to BLUEDAY000
That is not a nice language.
By the way, I can read what you wrote.
June 20, 2011
SouthAmerica: Reply to EMRGLOBAL
You are a diehard fool. I give you that.
You probably bought a lot of Linkedin stock at $ 122 per share.
Hah, hah, hah....
Or do you mean that I had all the news that were also available to the fools of Wall Street like yourself - when I wrote the following article, and even then you guys manage to lose trillions of US dollars in a massive meltdown:
Hah, hah, hah....
Maybe you will find interesting the article that I wrote about the coming worldwide economic depression.
Brazzil Magazine - February 2005
"Itâs 2008. The US Has Dragged the World into a Depression."
Written by Ricardo C. Amaral
http://www.brazzilmag.com/component...-has-dragged-the-world-into-a-depression.html
...The world lost its confidence in the US economy because they realized that the US economy was over leveraged, and would not have the necessary cash flow to pay its bills in the future. The US economy was outsourcing its good paying jobs by the millions to other countries - in the last four years the US economy had exported over 10 million jobs. A flood of US corporations started reincorporating in tax havens to avoid paying US corporate taxes.
...the market dynamic of all these events combined to cause a major institutional collapse in the derivatives market, and that started a domino effect in the entire financial system causing a massive meltdown.
Panic among the major holders of US dollar also contributed to the stampede like we had never seen before - and at the end, Chernobyl looked like nothing when compared with the final meltdown of the US dollar, and US economy during the summer of 2008.
.
SouthAmerica: Reply to EMRGLOBAL
You are a diehard fool. I give you that.
You probably bought a lot of Linkedin stock at $ 122 per share.
Hah, hah, hah....
Or do you mean that I had all the news that were also available to the fools of Wall Street like yourself - when I wrote the following article, and even then you guys manage to lose trillions of US dollars in a massive meltdown:
Hah, hah, hah....
Maybe you will find interesting the article that I wrote about the coming worldwide economic depression.
Brazzil Magazine - February 2005
"Itâs 2008. The US Has Dragged the World into a Depression."
Written by Ricardo C. Amaral
http://www.brazzilmag.com/component...-has-dragged-the-world-into-a-depression.html
...The world lost its confidence in the US economy because they realized that the US economy was over leveraged, and would not have the necessary cash flow to pay its bills in the future. The US economy was outsourcing its good paying jobs by the millions to other countries - in the last four years the US economy had exported over 10 million jobs. A flood of US corporations started reincorporating in tax havens to avoid paying US corporate taxes.
...the market dynamic of all these events combined to cause a major institutional collapse in the derivatives market, and that started a domino effect in the entire financial system causing a massive meltdown.
Panic among the major holders of US dollar also contributed to the stampede like we had never seen before - and at the end, Chernobyl looked like nothing when compared with the final meltdown of the US dollar, and US economy during the summer of 2008.
.
June 20, 2011
SouthAmerica: Reply to EMRGLOBAL
EMRGLOBAL: âSouth America is only spot on because his disseminating news that is already out there...â
*****
SouthAmerica: Because I am disseminating news that is already out there and I can see it very clear: That 's why I have been writing for many months that the US economic and financial system is collapsing just like the Soviet Union.
The only reason we did not have the massive meltdown as yet, it's because the US dollar has the special status as the main foreign reserve currency otherwise the the biggest international monetary crisis of all time would have materialized into a massive financial meltdown as never seen before.
The US economy and financial system is in intensive care and is being kept alive by massive US government intervention to keep the artificial game going just a little longer before the shit hits the fan and the entire house of cards collapses.
You can bet on that!!!!!!!!!!!1
.
SouthAmerica: Reply to EMRGLOBAL
EMRGLOBAL: âSouth America is only spot on because his disseminating news that is already out there...â
*****
SouthAmerica: Because I am disseminating news that is already out there and I can see it very clear: That 's why I have been writing for many months that the US economic and financial system is collapsing just like the Soviet Union.
The only reason we did not have the massive meltdown as yet, it's because the US dollar has the special status as the main foreign reserve currency otherwise the the biggest international monetary crisis of all time would have materialized into a massive financial meltdown as never seen before.
The US economy and financial system is in intensive care and is being kept alive by massive US government intervention to keep the artificial game going just a little longer before the shit hits the fan and the entire house of cards collapses.
You can bet on that!!!!!!!!!!!1
.
Here's the thing: We've had a very Leftist potus in charge for four years and the world economy is very nearly back where it was at the worst of the initial fear in 2008... or will be if it's indeed turning downward again as some suspect...
http://www.dryships.com/pages/report.asp
To me, it seems like all the welfare states of the world can barely make the minimum payments on their debt. The US debt is largely from the military unless you count all the unfunded liabilities which the US can never pay... but the rest of them don't have the military excuse...
Is it just me or are Welfare States melting down all over? [It's rhetorical, I just can't believe it that people on the Left are saying that it's capitalism that is melting down]. A child in the US, were the US to actually try to pay all it's promises, owes $500,000 in tax on the day they are born. Is that cruel or what?
I guess some Socialists have some big plan to take over completely, they hatched it in the 60's in the middle of the Cold War.. the idea was to overload the social services, cause a collapse and then somehow they are the Cavalry and they ride in and take over... meanwhile the Soviet Union collapsed and opened it's borders wide so the whole world could see the abject failure that Socialism actually is.. but do people on the Left learn from that? [It's rhetorical]...
http://www.dryships.com/pages/report.asp
To me, it seems like all the welfare states of the world can barely make the minimum payments on their debt. The US debt is largely from the military unless you count all the unfunded liabilities which the US can never pay... but the rest of them don't have the military excuse...
Is it just me or are Welfare States melting down all over? [It's rhetorical, I just can't believe it that people on the Left are saying that it's capitalism that is melting down]. A child in the US, were the US to actually try to pay all it's promises, owes $500,000 in tax on the day they are born. Is that cruel or what?
I guess some Socialists have some big plan to take over completely, they hatched it in the 60's in the middle of the Cold War.. the idea was to overload the social services, cause a collapse and then somehow they are the Cavalry and they ride in and take over... meanwhile the Soviet Union collapsed and opened it's borders wide so the whole world could see the abject failure that Socialism actually is.. but do people on the Left learn from that? [It's rhetorical]...
.
Gerald Celente: Everything is Not All Right, And Things Are Going to Get Worse 1/2 - June 21, 2011
http://www.youtube.com/watch?v=vp7pc8aI13I&feature=related
Keiser Report: Financial No-Go Zone â June 21, 2011
http://www.youtube.com/watch?v=KuavFM4cIZM&feature=relmfu
.
Gerald Celente: Everything is Not All Right, And Things Are Going to Get Worse 1/2 - June 21, 2011
http://www.youtube.com/watch?v=vp7pc8aI13I&feature=related
Keiser Report: Financial No-Go Zone â June 21, 2011
http://www.youtube.com/watch?v=KuavFM4cIZM&feature=relmfu
.
September 6, 2011
SouthAmerica: I agree with Niall Ferguson that the second leg of the new Great Depression is just ahead of us.
Ferguson Calls Europe Debt Crisis a Banking Crisis â September 6, 2011
<script src="http://player.ooyala.com/player.js?deepLinkEmbedCode=lycDNzMjq6Wny13jbFK1pPPuTnxLrW2t&height=360&video_pcode=oza2w6q8gX9WSkRx13bskffWIuyf&autoplay=1&embedCode=lycDNzMjq6Wny13jbFK1pPPuTnxLrW2t&width=640"></script>
SouthAmerica: I agree with Niall Ferguson that the second leg of the new Great Depression is just ahead of us.
Ferguson Calls Europe Debt Crisis a Banking Crisis â September 6, 2011
<script src="http://player.ooyala.com/player.js?deepLinkEmbedCode=lycDNzMjq6Wny13jbFK1pPPuTnxLrW2t&height=360&video_pcode=oza2w6q8gX9WSkRx13bskffWIuyf&autoplay=1&embedCode=lycDNzMjq6Wny13jbFK1pPPuTnxLrW2t&width=640"></script>
So Niall F. is calling for "some sort" of international support of the Euro? Sounds like he wants the US Fed to do it? Does Ben's printing press do other currencies?