Sunday, 30 May 2010

Possible Collapse Dead Ahead

I want to draw your attention to this article:

Credit Crisis Indicators Going Bonkers Again! Batten Down the Hatches!

Apart from everything else that is going on in the World; The Oil Crisis, The Korean Crisis, The Euro Crisis, The Greek Crisis, The Spanish downgrade etc these indicators represent the greatest threat to the world economy.

It was these same indicators that heralded the Lehman induced Credit Crisis of 2008. The World overcame the freezing of the credit markets at that time through a massive infusions of Government money.

If the Credit markets freeze again there's no more Government money to solve the problem-that's it game over.
If the credit markets freeze now it will be PERMANENT.

What can you expect, should this happen? Firstly the stock markets will shut down, then the banks will declare a holiday and you will be limited to the amount you can withdraw. The world economy and financial system will collapse in a matter of days. We will enter a new and totally alien world. It's not definate but these indicators point towards it. If they keep going up Collapse is unavoidable.

If you sense real danger get your money out of the bank and stock up on fuel and food. Watch the markets closely this week, check in at Business Insider several times a day(they're the best for up to the minute news). A full blown collapse is now a very real possibilty.

Sorry to spoil your Bank Holiday!



Disclaimer - The posting of stories, commentaries, reports, documents and links (embedded or otherwise) on this site does not in any way, shape or form, implied or otherwise, necessarily express or suggest endorsement or support of any of such posted material or parts therein.

The myriad of facts, conjecture, perspectives, viewpoints, opinions, analyses, and information in the articles, stories and commentaries posted on this site range from cutting edge hard news and comment to extreme and unusual perspectives. We choose not to sweep uncomfortable material under the rug - where it can grow and fester. We choose not to censor skewed logic and uncomfortable rhetoric. These things reflect the world as it now is - for better and worse. We present multiple facts, perspectives, viewpoints, opinions, analyses, and information.

Journalism is (or used to be) the profession of gathering and presenting a broad panorama of news about the events of our times and presenting it to readers for their own consideration. We believe in the intelligence, judgment and wisdom of our readers to discern for themselves among the data which appears on this site that which is valid and worthy...or otherwise.

  © Blogger template 'Perfection' by 2008

Back to TOP