Financial Meltdown ( Archived) (68)

Sep 17, 2008 10:18 PM CST Financial Meltdown
hollandgirl
hollandgirlhollandgirlSomewhere in Canada. B.C., British Columbia Canada523 Threads 4,464 Posts
I understand that the US owes about 10 trillion and mostly to China that is very scary to me and should be for anyone.
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Sep 17, 2008 10:23 PM CST Financial Meltdown
hollandgirl
hollandgirlhollandgirlSomewhere in Canada. B.C., British Columbia Canada523 Threads 4,464 Posts
BarrenPneuma: In Canada...? When the US announced its bankruptcy I was only 7 and I didn't even know what that would have meant. I never knew the actual depth of what had occurred or what was and is occurring now until the news pieces we receive here could be assembled into something composing some sort of the truth.
I think that the 'American Dream' that is sold to the world is the pillar of why the country remains fiscally soluble. The advertising (more like a Hollywood movie trailer) has caused most of the world to buy into the fiction and it is this lie that keeps the US from total collapse. Countries like Saudi Arabia own 6+% of the physical US, and God only knows how many similar investors have substantial investments.
Yes the World Bank is the reason this fiction is beginning to fall apart, they are careful to dismantle it one block at a time though as the weight of debt throughout the world that will come when the American financial dissolution peaks, will cripple virtually every economy at once. Digital currency is a large part of this problem today as we no longer even have much of our money at hand, and here in Canada (I am unsure as to the situation in the States) it is against the law to have more than 10,000 dollars at hand... hoarding or some such nonsense.
Thanks for the in depth view of how bad it really is. I will be doing some research in greater depth now of course as we are neighbours and I know how bad this will affect the economy of everyone, especially us Canadians.



The Netherlands too have heavely invested in the US. My sister lives in the States she is a millionaire.
Believe she is safe as she told me repeately that the US is backed by the gold in Fort Nox.
It does not help when I try to tell her she is very wrong.
She will not believe me.
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Sep 17, 2008 10:25 PM CST Financial Meltdown
HealthyLiving
HealthyLivingHealthyLivingSomewhere In, Tennessee USA527 Threads 2 Polls 4,775 Posts
hollandgirl: A lot of people have lost money and I am no exception.
I have no debt and pay of my Visa every month.
Yes money the root of all evil having it and not having it.

Tell me you said three of them where Mods.
How can you know this?
Just curious



professor Each time a new thread is posted, they are read immediately by the mods. I have noticed that 3 always read immediately. Someone at one time had said 4, but for the past year, I have only seen 3. Check it the next time you post a new thread. As soon as you post it, you will notice that it has been read by 3.thumbs up
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Sep 17, 2008 11:40 PM CST Financial Meltdown
hollandgirl
hollandgirlhollandgirlSomewhere in Canada. B.C., British Columbia Canada523 Threads 4,464 Posts
HealthyLiving: That's right gongman, How much can you spend???
They do want to break us, cos the world bank... the FED is not in America!!!! They want all our money then to hell with US!!!


What/where is the FED? I hear things but am not knowledgeble about this.
Where can I go to find out more about this FED?
I tried to Google it but did not become any wiser.
I perceive it is a world bank?

Who owes it etc.
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Sep 17, 2008 11:48 PM CST Financial Meltdown
jlw45
jlw45jlw45Moyers, Oklahoma USA66 Threads 1 Polls 15,566 Posts
hollandgirl: What/where is the FED? I hear things but am not knowledgeble about this.
Where can I go to find out more about this FED?
I tried to Google it but did not become any wiser.
I perceive it is a world bank?

Who owes it etc.
its not clearly known who owns it....it was started around 1913 or so.....its no more no more a part of a government branch, then federal expressprofessor
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Sep 17, 2008 11:54 PM CST Financial Meltdown
hollandgirl
hollandgirlhollandgirlSomewhere in Canada. B.C., British Columbia Canada523 Threads 4,464 Posts
jlw45: its not clearly known who owns it....it was started around 1913 or so.....its no more no more a part of a government branch, then federal express



Thank you I never paid much attention to these things but am now!
My dad used to say that I could ask more questions than ten wise men could answer.
Okay it is the only way to learn about things right?

As a matter of fact reading all this here is not just scary it is slowly making me angry! Big time!

I do not envy the children born today that is for sure.
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Sep 18, 2008 12:26 AM CST Financial Meltdown
hollandgirl
hollandgirlhollandgirlSomewhere in Canada. B.C., British Columbia Canada523 Threads 4,464 Posts
Has anyone read the book; "The New World Order" by Pat Robinsone?
He tells that it is about a handvol of people who really are in charge of this planet.

Google; Skul and crossbones, another eye opener
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Sep 18, 2008 12:44 AM CST Financial Meltdown
HealthyLiving
HealthyLivingHealthyLivingSomewhere In, Tennessee USA527 Threads 2 Polls 4,775 Posts
hollandgirl: Has anyone read the book; "The New World Order" by Pat Robinsone?
He tells that it is about a handvol of people who really are in charge of this planet.

Google; Skul and crossbones, another eye opener



I Like YOU!!!hug

You've got mail!professor
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Sep 18, 2008 12:50 AM CST Financial Meltdown
hollandgirl
hollandgirlhollandgirlSomewhere in Canada. B.C., British Columbia Canada523 Threads 4,464 Posts
HealthyLiving: I Like YOU!!!

You've got mail!


Same here I like you too! and have watched you for awhile.
Sure I clown around some but trust me there is more to me then meets the eye.
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Sep 18, 2008 2:39 AM CST Financial Meltdown
HealthyLiving
HealthyLivingHealthyLivingSomewhere In, Tennessee USA527 Threads 2 Polls 4,775 Posts
hollandgirl: What/where is the FED? I hear things but am not knowledgeble about this.
Where can I go to find out more about this FED?
I tried to Google it but did not become any wiser.
I perceive it is a world bank?

Who owes it etc.



You will find all of the answers to your questions and fully understand everything about the FED if you will read the following page. I encourage EVERYONE to read it!

http://www.federal-reserve.net/isaprivatelyownedcorporation.htm
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Oct 1, 2008 2:08 PM CST Financial Meltdown
wolf77
wolf77wolf77Pretoria, Gauteng South Africa1 Threads 7 Posts
I have read some of the threat here, but not all.

But you are right, World economy is slowing down or declining.
I am from South Africa, and believe me we are watching the US markets closely. The market are unproditable now, and I truly hope the Yanks can fix there economy fast. Because it effects lots of other markets.

Correct me I am wrong, But the US seems to hitting a depression now, We are slowing down fast ( I resouses are helping alot, we have lots of Gold in the RSA). China has not grown a bit this year and they are one the fastest growing countries in the world right(or was).

We been changing laws since last year to try to prevent I debt amounst Citzens and we where told to to stop making Debt. And we are a developing country. Which seprises me the US says spend money.

I see on Oprea.com, she has told the US to take control of debt, and many ways how you can do this.

But what come down must go up.

But the way things are know, The global market will have a few hard times for +/- 5 years.

At least Bill Clinton was good for the US economy. Don't know what Bush was thinking. But I know the world markets are watching these elections closely. For the next President of the US is going to have a hard time fixing Bush's mistakes.
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Oct 1, 2008 2:11 PM CST Financial Meltdown
LACali
LACaliLACaliSouthern California, California USA3 Threads 936 Posts
I have been following the comming global financial crises for quite some time now.

I am very concerned. You should be also. Are you PREPARED?

It has been predicted that the crises would begin in the United States
as a gradual occurrence thru the fall of the housing market. We have been seeing this take place. This is the lead-in to the BIG CRASH which is supposed to take place the end of this month, SEPTEMBER 2008.

The U.S. government did not bail out Lehman Brothers bank.
Today, stocks have fallen on Wall Street tremendously.

The World has been watching and waiting for the U.S. financial crises.
It will effect the entire world. Many countries have been preparing and have plans to try to not get hit as hard.

I have read many of the speeches given by Mervyn King, head of the Bank Of England. He gave warning to the people last January, to SAVE money and spend LESS and to prepare for the hit.

But here in America, we have been told to SPEND, SPEND, SPEND and the government even gave tax payers extra money to spend!!!

Why is the U.S. presenting a false front to its people? Why have we not been warned of the comming financial crash? Why have they been pretending that everything is OKAY?

People, I advise you to brace yourselves and get ready for the hardest times this world has ever seen. The time is upon us. Prepare!

I'm sick of reading this c###. Nobody was held at gunpoint and forced to use their credit cards. The US has long had the lowest savings rate of any developed nation in the world. Intelligent adults know what they need to do: save money, put something away for retirement, invest in real estate if possible, don't use credit cards etc. etc. If you haven't done this there is no one to blame but yourself.
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Oct 1, 2008 2:45 PM CST Financial Meltdown
wolf77: I have read some of the threat here, but not all.

But you are right, World economy is slowing down or declining.
I am from South Africa, and believe me we are watching the US markets closely. The market are unproditable now, and I truly hope the Yanks can fix there economy fast. Because it effects lots of other markets.

Correct me I am wrong, But the US seems to hitting a depression now, We are slowing down fast ( I resouses are helping alot, we have lots of Gold in the RSA). China has not grown a bit this year and they are one the fastest growing countries in the world right(or was).

We been changing laws since last year to try to prevent I debt amounst Citzens and we where told to to stop making Debt. And we are a developing country. Which seprises me the US says spend money.

I see on Oprea.com, she has told the US to take control of debt, and many ways how you can do this.

But what come down must go up.

But the way things are know, The global market will have a few hard times for +/- 5 years.

At least Bill Clinton was good for the US economy. Don't know what Bush was thinking. But I know the world markets are watching these elections closely. For the next President of the US is going to have a hard time fixing Bush's mistakes.
Read this and WEEP!



Then see who made the Mistake.

Then the Europeans got Greedy and bought Securities that had those Abominable Mortgages Bundled in them.Can you say STOOOPID?grin
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Oct 1, 2008 2:48 PM CST Financial Meltdown
wolf77: I have read some of the threat here, but not all.

But you are right, World economy is slowing down or declining.
I am from South Africa, and believe me we are watching the US markets closely. The market are unproditable now, and I truly hope the Yanks can fix there economy fast. Because it effects lots of other markets.

Correct me I am wrong, But the US seems to hitting a depression now, We are slowing down fast ( I resouses are helping alot, we have lots of Gold in the RSA). China has not grown a bit this year and they are one the fastest growing countries in the world right(or was).

We been changing laws since last year to try to prevent I debt amounst Citzens and we where told to to stop making Debt. And we are a developing country. Which seprises me the US says spend money.

I see on Oprea.com, she has told the US to take control of debt, and many ways how you can do this.

But what come down must go up.

But the way things are know, The global market will have a few hard times for +/- 5 years.

At least Bill Clinton was good for the US economy. Don't know what Bush was thinking. But I know the world markets are watching these elections closely. For the next President of the US is going to have a hard time fixing Bush's mistakes.




In response to: For the next President of the US is going to have a hard time fixing Bush's mistakes.
To Fix Jimmy Carter's and Billy Boy Clinton's Mistakes.doh doh uh oh
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Oct 1, 2008 2:55 PM CST Financial Meltdown
WhatUwish4
WhatUwish4WhatUwish4St. Augustine, Florida USA2 Threads 7,986 Posts
russianwarrior: yes but john mccain and George bush. says nothing wrong. economy is strong.



Uh... actually on the three occasions that they did sound the alarm, it was congress who said our economy was fine.. and they promptly voted down the three reform bills submitted to them.

Let's be fair people and point fingers at ALL the guilty parties. If we don't, we will never solve the problem.
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Oct 1, 2008 2:59 PM CST Financial Meltdown
WhatUwish4
WhatUwish4WhatUwish4St. Augustine, Florida USA2 Threads 7,986 Posts
Conrad73: To Fix Jimmy Carter's and Billy Boy Clinton's Mistakes.



Yep! You are going to hear a commercial soon with Bill Clinton saying the same thing. Congress frustrated HIM with the same beligerance. Fannie and Freddie are nothing more than a big fat piggy back for congress and they use the money to buy their votes.

We should expose every single guilty party - no matter which side - and do to them what we did to the Enron crooks. Why are Obama and his three chief economic advisors -- who were leading these companies during the worst of the corruption - Why are they not being brought into the media spotlight??????
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Oct 1, 2008 3:00 PM CST Financial Meltdown
cardsfan24
cardsfan24cardsfan24somewhere in paradise, Illinois USA40 Threads 1 Polls 5,169 Posts
Who cares...i hope we go old school no t.v. no puter...no runnin water...no electricity...just you and your livestock...you depend off of nature ....yep
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Oct 1, 2008 3:00 PM CST Financial Meltdown
WhatUwish4
WhatUwish4WhatUwish4St. Augustine, Florida USA2 Threads 7,986 Posts
cardsfan24: Who cares...i hope we go old school no t.v. no puter...no runnin water...no electricity...just you and your livestock...you depend off of nature ....yep


doh doh doh
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Oct 1, 2008 3:02 PM CST Financial Meltdown
cardsfan24
cardsfan24cardsfan24somewhere in paradise, Illinois USA40 Threads 1 Polls 5,169 Posts
scold
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Oct 1, 2008 3:04 PM CST Financial Meltdown
kamelia
kameliakameliaNegotino, Macedonia15 Threads 1 Polls 574 Posts
financial meltdown in US confused

try living on a 300$ average monthly salary tongue like we do in Macedonia dancing
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