Tracking the next pandemic: Avian Flu Talk |
October stock market CRASH 08 |
Post Reply |
Author | |
Kilt2
Adviser Group Joined: December 17 2007 Status: Offline Points: 7414 |
Post Options
Thanks(0)
Posted: September 28 2008 at 1:01am |
Its been a black September for world markets and I fear its just a warm up for October.
It's usually October when stock markets Crash.
This global slump began when Wall Street hit its peak of 14,168 on 9th October 2007. Since then its been falling and falling and falling.
Now they are waking up to the fact that the Emperor has no clothes.
The Countdown for October begins NOW
|
|
And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him.
|
|
LaRo
Valued Member Joined: March 14 2008 Status: Offline Points: 350 |
Post Options
Thanks(0)
|
We still have a week. If the bailout of Goldman Sacks is approved, it should give us at least 7 days until the next crisis hits the financial market. After October 1, all bets are off. I also believe something bad is headed our way during the first two weeks of Oct.. Oct 7th is the big day.
|
|
r we there yet?
|
|
Guests
Guest Group |
Post Options
Thanks(0)
|
I thought I'd find you two here :)
|
|
MelodyAtHome
Valued Member Joined: May 16 2006 Location: United States Status: Offline Points: 2018 |
Post Options
Thanks(0)
|
La Ro I think you are right about 7 days after they vote on this bailout until next crisis in the financial market...but I was wondering what you meant and why you think by this...
*************************************************************************I also believe something bad is headed our way during the first two weeks of Oct.. Oct 7th is the big day. ***************************************************************
Thanks
|
|
Melody
Emergency Preparedness 911 http://emergencypreparedness911.blogspot.com/ |
|
Guests
Guest Group |
Post Options
Thanks(0)
|
while it's true that some stocks may fall, when they do there is another frenzy to buy them and they go back up. Stock I have held has gone down to 30.00 twice over the years and
then soared back up. Mostly with blue chip/large cap this happens...stocks with very old and well run companies...jnj, pg etc... I would sell a little in order to buy back at a lower price, to make a profit, many will do that. The key is not to sell too much as it is difficult to time the market, for us greener types. |
|
coyote
Admin Group Joined: April 25 2007 Location: United States Status: Offline Points: 8395 |
Post Options
Thanks(0)
|
Bad moon arising...
|
|
Long time lurker since day one to Member.
|
|
LaRo
Valued Member Joined: March 14 2008 Status: Offline Points: 350 |
Post Options
Thanks(0)
|
Melody, just what i read on the internet, some think we will have a terrorist attack, could be financial, could be bombs.
October is usually bad for the financials. We have trillions of dollars worth of dirivatives out there, aroud 1000 trillion dollars worth and there is no way to attatch a value to them. Banks are holding them and can't sell any. The bail out will bail our a few but not all. The fed and treasury could buy all, with funny money but if they do, the dollar will become worthless. Inflation will be out of hand and we sink into a depression. The bail out is "much adu about nothing," it won't do the trick. It's going to put some money into the pockets of the bankers and insure their "golden parachutes". The banks lending to each other or to you and I will not happen. |
|
r we there yet?
|
|
coyote
Admin Group Joined: April 25 2007 Location: United States Status: Offline Points: 8395 |
Post Options
Thanks(0)
|
Agree Laro, I been hearing that to.. something is in the air & it doesn't smell good.It's a ideal time for a terror attack against us...It would be the final straw that breaks our back. Market crash / attacking Iran a great possibility also..
|
|
Long time lurker since day one to Member.
|
|
coyote
Admin Group Joined: April 25 2007 Location: United States Status: Offline Points: 8395 |
Post Options
Thanks(0)
|
Wall Street drops at open
Stocks slipped at the opening bell today as Congress prepared to vote on a $700 billion bailout plan for the finance industry. The Dow was down more than 300 points in early trading. CNNMoney reports traders also are wary after a series of major bank bailouts in Europe and the acquisition of Wachovia by Citigroup. developing story |
|
Long time lurker since day one to Member.
|
|
Guests
Guest Group |
Post Options
Thanks(0)
|
well, The volume in trading is amazing this morning but I see nothing dire at this point.
|
|
abcdefg
Valued Member Joined: September 19 2008 Status: Offline Points: 578 |
Post Options
Thanks(0)
|
Oct 7 I believe is the end of Ramadan. I thought I had posted a list of chatter that was confiscated by homeland security. It is believed to be real, because of the individual Muslim who was giving the orders. In it, they claim a worse scenario then 9/11 and they order the Muslims in this country to take their children to training camps to keep them safe. I will try to locate that article and put it up again.
|
|
roni3470
Adviser Group Joined: August 30 2006 Location: Colorado Status: Offline Points: 5390 |
Post Options
Thanks(0)
|
Did you ever find that list of chatter? I would like to see if if anyone has a post. i have been hearing that the latest chatter has been held in higher regard because of the method it was sent etc. But I have not seen anything else on it...like a media blackout, so i am interested in hearing more.....
|
|
NOW is the Season to Know
that Everything you Do is Sacred |
|
BoJingles2
Valued Member Joined: April 01 2008 Status: Offline Points: 145 |
Post Options
Thanks(0)
|
Although right now would be a perfect time to strike and help destabize the world market, Ii just dont see a strike happening at this time. If they hit now before the election they its a sure bet that McCain will be the next president and thats something they do not want. Its more likely they will wait untill after the election.
|
|
Guests
Guest Group |
Post Options
Thanks(0)
|
roni3470
Adviser Group Joined: August 30 2006 Location: Colorado Status: Offline Points: 5390 |
Post Options
Thanks(0)
|
with that said, if there were an attack do you believe it would have come from them or be orchestrated by our own govt in order to get mccain elected. Just curious, not that I believe anything particular, just a thought!
|
|
NOW is the Season to Know
that Everything you Do is Sacred |
|
Guests
Guest Group |
Post Options
Thanks(0)
|
|
|
Guests
Guest Group |
Post Options
Thanks(0)
|
I didn't want to dilute your thread, so I made comments on the truly ludicrous bailout package elsewhere. No doubt we are nearing something historical as the day of reckoning has been pushed further and further into the future. In the words of the old rock song "you ain't seen nothing yet." MC |
|
Guests
Guest Group |
Post Options
Thanks(0)
|
When things are shaky at home bring out the boogey man. This usually takes the form of an impending terrorist attack. On another thread have written volumes on the if you can't solve an American economic crisis, go to war. This has been the methodology for the last century. Nothing is more terrifying than putting the evil monsters aside and demanding accounting and the balancing of books and dealing with the horrific trade deficits and the Machiavellian complex problems right here in America. Anyway possible for more smoke and mirrors and paper tigers, when we have a lion in the village and he is eating people's life savings alive. Reality : We are not aware of any specific, credible al-Qaida plot to attack the U.S. homeland, MC |
|
apomales
V.I.P. Member Joined: January 15 2006 Location: United States Status: Offline Points: 71 |
Post Options
Thanks(0)
|
When I first heard about this I thought it was B.S. I can't believe this is happening because it sounds like crazy conspiracy theory. The
Michael Herzog show youtube clip discusses the secret closed door congressional meeting of March 2008, 1.US economic collapse in late 2008, 2.imminent collapse of government finances in mid 2009, 3.possibility of civil war as a result of the collapse,4.advance roundups of insurgent US citizens, 5.detention of those rounded up at REX-84 camps,6 possiblity of retaliation against members of congress for collapse, 7.location of safe facilities for members of congress during this massive civil unrest 8. necessary merger with Mexico & Canada to establish North American Union http://www.youtube.com/watch?v=BiFlouOozpk The following video is on the N. American Union Security and Prosperity Partnership http://www.youtube.com/watch?v=Cy7xfb22Y0I&feature=related This last video sounds like a conspiracy type video, an invterview with Marco Saba, a researcher at the Italian Center for Monetary Studies and author of a critical book about banking titled "Bankenstein" (2006) ... http://www.youtube.com/watch?v=BcuxA5gCR9k&feature=related |
|
Guests
Guest Group |
Post Options
Thanks(0)
|
let's pretend that someone does want a North American Union. What is the reason for the US wanting to align with Mexico? I have to know what Mexico is bringing to the table.
|
|
LaRo
Valued Member Joined: March 14 2008 Status: Offline Points: 350 |
Post Options
Thanks(0)
|
mexico will supply cheep labot to rebuild
|
|
r we there yet?
|
|
Guests
Guest Group |
Post Options
Thanks(0)
|
Their manpower would be very welcome.
But I'm thinking about what happened with the European Union. One thing countries agreed to, the base of their union was for many countries to share the same currency value. The Euro. Countries that wanted to boost their economies found it favorable to use the Euro. If Mexico became a part of a North American Union they would want to sign on to a new currency for the same boost. I'm afraid the days of very cheap labor would end in that case. Like the days of affording a summer house on the cheap in France are now gone, under the Euro. ................................................................................................................... Blue area is the Euro-zone http://en.wikipedia.org/wiki/Euro#History_.281990.E2.80.93present.29 The euro is the sole currency in Austria, Belgium, Cyprus, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovenia and Spain. These 15 countries together are frequently referred to as the Eurozone or the euro area, and, more informally, "euroland" or the "eurogroup". Outside of the area covered by the map, the euro is the legal currency of the French overseas possessions of French Guiana, Réunion, Saint-Pierre et Miquelon, Guadeloupe, Martinique, Saint-Barthélemy, Saint Martin, Mayotte, and the uninhabited Clipperton Island and the French Southern and Antarctic Lands; the Portuguese autonomous regions of the Azores and Madeira; and the Spanish Canary Islands. By virtue of some bilateral agreements,[24] the European microstates of Monaco, San Marino, and Vatican City mint their own euro coins on behalf of the European Central Bank. They are, however, severely limited in the total value of coins they may issue. Andorra, Montenegro, Kosovo, and Akrotiri and Dhekelia adopted the foreign euro as their legal currency for movement of capital and payments without participation in the ESCB or the right to mint coins. Andorra is in the process of entering a monetary agreement similar to that of the microstates above. Several possessions and former colonies of EU states have currencies pegged to the euro. These are French Polynesia, New Caledonia, Wallis and Futuna (the CFP franc); Cape Verde; the Comoros; and fourteen nations of Central and West Africa (the CFA franc). See Currencies related to the euro. Although not legal tender in Denmark and the United Kingdom, the euro is accepted in some stores throughout both countries, particularly international stores in large cities, and shops in Northern Ireland near the border with the Republic of Ireland, where the euro is the official currency. Similarly, the euro is widely accepted in Switzerland, even by official boards, such as the Swiss Railways. |
|
apomales
V.I.P. Member Joined: January 15 2006 Location: United States Status: Offline Points: 71 |
Post Options
Thanks(0)
|
Paul Grignon's 47-minute animated presentation of "Money as Debt" tells in very simple and effective graphic terms what money is and how it is being created. It is an entertaining way to get the message out. The Cowichan Citizens Coalition and its "Duncan Initiative" received high praise from those who previewed it. I recommend it as a painless but hard-hitting educational tool and encourage the widest distribution and use by all groups concerned with the present unsustainable monetary system in Canada and the United States.
http://video.google.com/videoplay?docid=-9050474362583451279 |
|
Guests
Guest Group |
Post Options
Thanks(0)
|
hi...I'm checking it out... I went here and it came up faster.
http://video.google.com/videosearch?q=money+as+debt&emb=0# |
|
Guests
Guest Group |
Post Options
Thanks(0)
|
apomales ... I watched it. excellent, amazing.
Money = Debt Banks cannot exist without our debt/promise to pay Banks make money out of thin air and charge slavery interest. CUTTING OUT THE BANKS... what I heard from the Movie.... The Government could operate primarily on taxes as it does now. the tax dollars would go much farther because our tax dollars would NOT be used to pay off interest debt to private Bankers. There would be no national debt if the Federal Government simply created the money it needed. Our perpetual collective servitude... to the Banks... through interest payments on Government Debt would then be ...impossible. ................................................................................................. Now I'm going to look up why that twit Woodrow Wilson felt so very guilty for aligning this country with a banking system controlled by CREDIT/DEBT a system of money lending which functions and profits off human misery. |
|
Guests
Guest Group |
Post Options
Thanks(0)
|
(still looking up Woodrow Wilson...) ........................................................ The Bank of Canada Banque du Canada is Canada's central bank. It was created by the Bank of Canada Act of 1934, to "promote the economic and financial well-being of Canada." It is the sole issuer of banknotes in Canada[1], and the central bank for the Canadian dollar. The bank's headquarters are located in the Bank of Canada Building at the corner of Wellington and Bank Streets in downtown Ottawa. For many years, Canada did not have a central bank. Each of the nation's large banks issued its own currency and there was little government regulation of the nation's money supply. The government also claimed it was constrained by its inability to deal directly with its foreign debts. Prime Minister R.B. Bennett called a Royal Commission in 1933 and it reported in favour of a central bank. The bank began operations on March 11, 1935, after the passage of the Bank of Canada Act. In 1938, under Prime Minister William Lyon Mackenzie King, it became a Crown corporation[2], fully owned by the government with the governor appointed by Cabinet. The responsibility for creating small bills was transferred from the finance department and the private banks were ordered to remove their currency from circulation by 1949. The monetary policy of the bank was geared towards low interest rates and full employment with little concern about inflation. When inflation began to rise in the early 1960s, the governor James Coyne ordered a reduction in the money supply. Prime Minister John Diefenbaker disagreed with this move, and ordered a return to the full-employment policies. This caused a brief crisis because the bank was supposed to be an arm's length organization not under political control. Coyne resigned, and was replaced by Louis Rasminsky. The bank gradually moved to a more anti-inflation policy, and since the 1980s, keeping inflation low has been its main priority. http://en.wikipedia.org/wiki/Bank_of_Canada |
|
Post Reply | |
Tweet
|
Forum Jump | Forum Permissions You cannot post new topics in this forum You cannot reply to topics in this forum You cannot delete your posts in this forum You cannot edit your posts in this forum You cannot create polls in this forum You can vote in polls in this forum |