Economic Collapse Update 7-18-2008
Dec.25, 2007 in
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visionvictory asked:
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Crumbling foundations
http://business.smh.com.au/business/crumbling-foundations-20080718-3hj6.html
fannie and Freddie
http://www.economist.com/finance/displaystory.cfm?story_id=11751139
jump in store closings
http://online.wsj.com/article/SB121615960074456109.html?mod=todays_us_stock_market_quarterly_review
Indy mac
http://money.cnn.com/2008/07/12/news/companies/indymac_fdic/index.htm?postversionI=2008071210
Inflation
http://www.nytimes.com/2008/07/17/business/17econ.html?_r=2&adxnnl=1&oref=slogin&ref=business&adxnnlx=1216220641-A1ymKSjDDrbVJTActogiBQ
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December 28th, 2007 at 12:29 am
U.S. politicians are to blame. They’ve lined their pockets with cash by selling out the U.S. people. How? OK, oil lobbys. But, their votes also let U.S. owned corps move across the border & overseas to take advantage of a cheap labor market to break the unions which created the middle class. Cheap products were imported to compete with U.S. goods. Textile & electronic industries were the first to go under. A few remain but they are slowly going under. Housing now. The auto industry is next.
December 30th, 2007 at 12:22 pm
ignore the markets, look at their economy. They very strong and have a positive outlook.
December 31st, 2007 at 10:53 am
You want to see an economic collapse…look at China. Shanghai Index getting cut in half.
December 31st, 2007 at 12:58 pm
your timing is on the money
January 1st, 2008 at 7:24 pm
That’s what happens when your country is full of fat people whose expertise is to scratch their asses and gobble burgers all day long.
January 4th, 2008 at 2:36 pm
…that’s what happens when dumb people are allowed to live.
January 6th, 2008 at 11:27 pm
im gonna write in vote ron paul
January 8th, 2008 at 7:18 pm
You only put 20percent of any money into Precious metals, but so far in the last 100yrs PM have kept up with inflation,so they look like a better bet than dollars.Spend the dollars you earn on things you will use any way,as its value will decrease when oil starts up wards trend in september when usa buys home heating oil.Silver a hedge against inflation
January 8th, 2008 at 7:50 pm
I’m new at this. how do I put in a friend request?
January 10th, 2008 at 11:52 pm
With Ron Paul out of the running, there’s really no one to vote for.
January 11th, 2008 at 3:43 am
A supporter of Ron Paul is a friend of mine!
January 14th, 2008 at 6:43 am
oh right.. i thought mossad would be attacking.. there prob jsut gonna nuke a major usa city instead.. they helped plan 9/11 with the bush admin and zionist world bankers. glonbal warming is indeed a farce. but ww3 wont be..
January 17th, 2008 at 6:26 pm
No the Islamofasicts silly, the new Green Nazi’s. Silly
January 20th, 2008 at 12:14 am
do you mean by terrorists mossad?? i take it..
January 22nd, 2008 at 8:33 am
Hey, so got to factor in the mideast wars to come, switching the industrials to military purposes should help some, though terrorist attacks from sleeper cells in Toronto and Montreal in the US heartland will be rough.
January 25th, 2008 at 6:14 am
yah i agree unsecured credit card debt is going down. People now are maxing out those credit cards. Just think of the civil and social unrest to come, along with the Israeli-Iran nazi conflict, well here comes the fun!
January 27th, 2008 at 4:10 pm
EARTHQUAKE IN SOUTHERN CALIFORNIA –
AT THE END OF THIS VIDEO 8:45 THERE IS THE INFO ON THE EARTHQUAKE OF:
Tuesday, July 29, 2008 at 11:42:15 AM at epicenter 5.4 EARTHQUAKE
Depth 13.6 km (8.5 miles)
Region GREATER LOS ANGELES AREA, CALIFORNIA
THERE WILL BE MORE
THIS IS UNDER THE 10 MILES of HAARP ABILITIES
watch?v=R6vE7tVY0lA
January 28th, 2008 at 10:20 pm
So with the government’s help subprime borrowers are still in trouble? Are you suggesting that we put all of money in gold and silver?
January 29th, 2008 at 2:01 pm
It is a lot like the end of G.H.W.B. administration. But worse, way worse.
January 31st, 2008 at 5:45 am
Inflation ?????
I wouldn’t compare this to the 90’s at all, especially the mortage fiasco.
February 2nd, 2008 at 8:27 pm
we have the (almost) exat same problem as we have in the -90:s.
the banks have lend to much mony.
the stock market in down
and higher inflation.
February 4th, 2008 at 1:46 pm
I understand being a realist but with respect it seems almost like its becoming a “cant wait till it happens” fettish. I”m the biggest boyscout you’ll ever meet when its comes to preparedness for possible eventualities, but to live everyday in total anticipation of its occurence imo seems like the good days are being squandered waiting for the bad.
February 7th, 2008 at 3:39 pm
Hello all, been watching situation for over a year closely with all concerns mentioned in mind. Watched damn near all vids from vv and all others, read all comments ect. With that said how much do we underestimate the ability to have the charade cont. Many prev market crashes. s&l crises I recall pretty unsettling to alot of folks. Dozens of other ex. Not saying house of cards doesnt fall at some point, but many before us have predicted incorrectly. It seems many here almost desire this
February 8th, 2008 at 8:19 pm
If oil goes really low…won’t it collapse our economy?