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18-signs-that-global-financial-markets-smell-blood-in-the-water
07-19-2011, 08:46 PM #1
Upāsaka Member
Posts:1,127 Threads:252 Joined:Feb 2011
http://theeconomiccollapseblog.com/archi...-the-water

Quote:.......The following are 18 signs that global financial markets smell blood in the water....

#1 Banks stocks are absolutely getting hammered right now. Bank of America hit a 52 week low on Monday. Bank of America shares declined 4 percent to $9.61.

#2 So far this year, Bank of America stock is down about 27 percent.

#3 Bloomberg is reporting that Bank of America may be forced to increase its capital cushion by 50 billion dollars.

#4 Shares of Goldman Sachs and Morgan Stanley are near two year lows.

#5 Shares in Citigroup fell 2.5 percent on Monday.

#6 Moody's recently warned that it may be forced to downgrade the debt ratings of Bank of America, Citigroup and Wells Fargo.

#7 Barclays Capital, Goldman Sachs, Bank of America, JPMorgan Chase and Morgan Stanley are all either considering staff cuts or are already laying workers off.

#8 The deputy European director of the International Monetary Fund says that the Greek debt crisis is "on a knife's edge".

#9 Moody's has slashed Ireland's bond rating all the way to junk status.

#10 The yield on 2 year Portuguese bonds is now over 20 percent, the yield on 2 year Irish bonds is now over 23 percent and the yield on 2 year Greek bonds is now over 35 percent.

#11 Shares of Italy's largest bank dropped by a whopping 6.4% on Monday.

#12 On Monday, the yield on 10 year Italian bonds was the highest it has been since the euro was adopted.

#13 On Monday, the yield on 10 year Spanish bonds was also the highest it has been since the euro was adopted.

#14 Shares of Germany's largest bank fell by a staggering 7% on Monday and are down a total of 22% so far this month.

#15 Citigroup's chief economist, William Buiter, says that without direct intervention by the ECB there is going to be a wave of sovereign defaults across Europe....

"Nothing stands in the way of multiple sovereign defaults except the ECB: they are the only game in town, there is nothing else"

#16 Cisco has announced plans to axe 16 percent of its workers.

#17 Borders Group has announced that it will be liquidating all remaining assets. That means that 399 stores will be closed and 10,700 workers will lose their jobs.

#18 During times of great crisis, many investors seek safe havens for their money. On Monday, the price of gold shot past $1600 an ounce.

These are not normal financial times. The worldwide debt bubble is starting to burst and nobody is quite sure what is going to happen next. Certainly we are going to continue to see financial authorities all over the world do their best to keep the system going. But as we saw in 2008, things can spiral out of control very quickly......

07-19-2011, 08:59 PM #2
Kreeper Griobhtha
Posts:11,165 Threads:770 Joined:Feb 2011
TPTB are making a move to seize more assets and control. The question is, are they going to drive bank stocks down and snatch up more shares or are they going to eliminate them and go with more of a central banking system for more control?

,

What politics from both sides wants to teach us is that things are never complex. If you have your little package and something doesn't fit into that package, You don't know what to make of it so you want to dismiss it or then you will have to do the work of reconsidering your assumptions. - Michael Malice
07-19-2011, 09:08 PM #3
yankees skier
Posts:5,032 Threads:215 Joined:Feb 2011
The price of gold is a very good indicator.

Biere.
07-19-2011, 09:25 PM #4
JayRodney ⓐⓛⓘⓔⓝ
Posts:30,276 Threads:1,493 Joined:Feb 2011
(07-19-2011, 09:08 PM)yankees Wrote:  The price of gold is a very good indicator.

$1,644.09 per troy oz bullion doesn't lie that's for sure. damned.gif

wonder.gif

07-19-2011, 09:39 PM #5
Upāsaka Member
Posts:1,127 Threads:252 Joined:Feb 2011
Kreeper, I guess its as you stated in the other thread I posted, They control the monetary system in all but a few countries. This will come down to all assets & land, being bought up by the banking families worldwide.

We're in the great world leveling. Austerity and complete subjugation for the Majority, while the top live in feudal luxury.

Communistic control of the people via a fascist elite. China is the role model for how they wish to control the world.

Will there be global conflict between the different Power Centers ? I can't imagine that they're all in favour of the same approach in how to live, after the death of the dollar's world dominance. Weaponry procurement among the world nations has not been this high for a long time, in an industry that always has a huge turn over.

When the PTB, saw that the could get away with giving trillions of taxpayers money openly (future generations enslavement) after the 08' crash. They knew it was time to carry out what is now happening to us, Humans.



07-19-2011, 09:46 PM #6
Kreeper Griobhtha
Posts:11,165 Threads:770 Joined:Feb 2011
Gold... yet another worthless illusion. Ever tried to eat it?

Are you familiar with Executive Order 6102? This is the Executive Order signed on April 5, 1933 by FDR that made it illegal to own monetary gold. You had to trade in your gold for cash. Why did the USGov do that? To strengthen the dollar was their excuse. Odd that exactly two months later on Just 5 they would take the US off of Gold Standard Currency. So, why did they want all of that gold?

.

What politics from both sides wants to teach us is that things are never complex. If you have your little package and something doesn't fit into that package, You don't know what to make of it so you want to dismiss it or then you will have to do the work of reconsidering your assumptions. - Michael Malice
07-19-2011, 10:03 PM #7
Kreeper Griobhtha
Posts:11,165 Threads:770 Joined:Feb 2011
(07-19-2011, 09:39 PM)Prometheus Wrote:  Kreeper, I guess its as you stated in the other thread I posted, They control the monetary system in all but a few countries. This will come down to all assets & land, being bought up by the banking families worldwide.

We're in the great world leveling. Austerity and complete subjugation for the Majority, while the top live in feudal luxury.

Communistic control of the people via a fascist elite. China is the role model for how they wish to control the world.

Will there be global conflict between the different Power Centers ? I can't imagine that they're all in favour of the same approach in how to live, after the death of the dollar's world dominance. Weaponry procurement among the world nations has not been this high for a long time, in an industry that always has a huge turn over.

When the PTB, saw that the could get away with giving trillions of taxpayers money openly (future generations enslavement) after the 08' crash. They knew it was time to carry out what is now happening to us, Humans.

Very well said. They are using a multi-pronged attack. 1)Cause wars among the ignorant peoples of Africa so they kill each other 20 Seize the land (Referring to the Rothchilds article you posted) and ship the crops away causing more death and floods of migrants that will eventually cause fighting and war in Europe 3) Gain control of all resources 4) Use fear to create more wars/population control/wealth and control of resources in the holdout countries 5) Destroy the faux economy to make people even more desperate/subservient and make the global economy even more centralized 6) More war to decrease the world population even further 7) etc

One thing, though, it isn't Communistic, it is more Monarchism. They want things to go back to the way they were when Kings owned everything and ruled without question. Complete dominance. They may not openly call themselves kings, but it is the power they crave not the title.

.

What politics from both sides wants to teach us is that things are never complex. If you have your little package and something doesn't fit into that package, You don't know what to make of it so you want to dismiss it or then you will have to do the work of reconsidering your assumptions. - Michael Malice



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