Showing posts with label Financial. Show all posts
Showing posts with label Financial. Show all posts

Thursday, December 9, 2010

CBS Allows Fed To Spread Disinformation Unchallenged

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"The Fed Chief has been wrong on almost every major prophecy he’s given since he’s been in office. Just 4 years ago, Ben Bernanke predicted “a leveling out or a modest softening” in residential real estate prices and that homeowners were in “reasonably good”financial shape. Three years ago, Mr. Bernanke said the sub-prime mortgage crisis “seems likely to be contained.” Since then, we’ve had record foreclosures in the millions per year, and in some markets, home values have been cut in half!"

Friday, November 19, 2010

The Five Stages Of Collapse

HERE.

Here's a quick summary:

  1. Financial Collapse. Already in motion.
  2. Commercial Collapse. Just started.
  3. Political Collapse (a loss of faith in the political process). First part is over (the recent election in the US). Second part is going to be nasty.
  4. Social Collapse. Potentially the end state or stable equilibrium point for most of the world. Everyone against everyone with points awarded by the global marketplace.
  5. Cultural Collapse. Full meltdown. Global market breaks.