Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Preparing for the Coming Economic Collapse
#51
Deathstar 80 Wrote:I just saw on the Fox News Channel that if our nation doesn't have a budget by 4:00 pm today, then there might be a " negative reaction" in the stock markets. I'm guessing that if there's a possibility of a "negative reaction" in the stock markets, they might include that it's possible that China might sell their bonds at any moment from now on. If this information is true, then what that means is that the economic collapse can happen at any moment.

I found this information on the Fox News channel, but I'm not sure what the CNN and MSNBC channels are saying about this.

When the economic collapse occurs, I'll try my best to continue to post here. But I might not be able to. I really don't know what things will be like when the economic collapse does occur.
This is all a part of Obama's strategy. He has threatened default on August 2 by threatening to not send out Social Security and military checks. Obama wants the markets to react negatively to the current impasse because it will allow him to call another press conference to ratchet up pressure on Republicans to make a bad deal.

There is no need for panic. This is just more of the same crisis creation and saber rattling that Obama has done since he took office. His mode of governance, as should be obvious by now, is to create crises, blame Republicans for them, and then use his obsequious media to support his bogus claims of impending doom.
Messages In This Thread
Preparing for the Coming Economic Collapse - by Hoot Gibson - 07-24-2011, 11:47 AM

Forum Jump:

Users browsing this thread: 1 Guest(s)