Before the
collapse of 08 there were tremors going off everywhere. Many saw it
coming. There was an upkick on the doom of the markets and the
housing markets were on track of not paying back their loans to
people who were suckered into easy loan options in the beginning but
a few years down the road wouldn’t be able to handle the payments
but were told that real estate was going to rise at the rates they
were going and so they could just borrow against it…. to many on
that dole and they were the bubble that burst.
For the last several years since the crash
there has recently been the uptick in people warning about another
coming collapse. I again take notice because all the money for QE is
gone. Inflation is rising month to month… seems like everytime I go
to the store I leave with less. The GDP top debt ratio has gone above
100%. There is no manufacturing or making of goods in the US like
there once was. We all are on borrowed time now… Unemployment is at
25% (the real number). Corporations are buying their own stocks on
borrowed money that is interest free right now. But don’t kid
yourself because when a percentage point is placed on these loans
Corporations will not be able to afford buying back their own stocks.
Everyone getting paid is direct from the bailout funds. The next debt
bubble to burst is going to rise out of nowhere because they are all
connected as never before on the funding from debt itself. I’m
feeling it’s days away now and can come at any time, without
notice, and the only thing left to save it will be the confiscation
of the savings of what will be in the banks at the time.
I think it’s time to allow the market to
collapse. We cannot go on like we are going. If we would have allowed
the collapse to happen in 08 we would be building in the black by
now. But an economy based solely on debt bubbles is not something
that can be sustained to a peoples that want to call themselves
freeborn.
It will come as a thief in the night… come
and knock us all on our asses. Much worse then in 08. It’s not like
we don’t deserve it… we have allowed it to grow and the pain
would have been much less if allowed to fail in 08.
DEBT BUBBLES… all our industries are in debt
bubbles… and many of these are major holders of their own stocks
that will be worth pennies soon enough… all of them.
Try and find an industry that is not part of a
debt bubble… you can’t.
IT must be our destiny. You see it…. I see
it… and no one can do anything for 3 more years.
We have a president that does not have a CLUE
about anything. A community organizer that has no leadership and has
never ran anything.
“President Barack Obama is doing everything
he is not supposed to do — and is failing to do the things he is
supposed to do — to fix this economic crisis,”
Yet, all you conservatives… REFUSED to vote
for Romney… and that NO VOTE helped re-elect this man.
No one KNOWS anything… hearing after hearing…
“What difference does it make?”
Yet with all the lies people voted again for
in-experience… because they got a free cell phone. CANDY for the
ignorant.
We really have some dumb people in the USA.
even … George Soros Bets on U.S. Financial
Collapse
It is only a matter of time before the stock
market plunges by 50% or more, according to several reputable
experts.
“We have no right to be surprised by a severe
and imminent stock market crash,” explains Mark Spitznagel, a hedge
fund manager who is notorious for his hugely profitable
billion-dollar bet on the 2008 crisis. “In fact, we must absolutely
expect it.”
Unfortunately Spitznagel isn’t alone.
“We are in a gigantic financial asset
bubble,” warns Swiss adviser and fund manager Marc Faber. “It
could burst any day.”
Faber doesn’t hesitate to put the blame
squarely on President Obama’s big government policies and the
Federal Reserve’s risky low-rate policies, which, he says,
“penalize the income earners, the savers who save, your parents —
why should your parents be forced to speculate in stocks and in real
estate and everything under the sun?”
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