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El-Erian: World on Eve of Next Financial Crisis
Bloomberg | 9/22/11 | Shamim Adam

Posted on 09/22/2011 1:14:26 PM PDT by marshmallow

Article can not be posted due to copyright issues. Click HERE for the full article


TOPICS: Business/Economy; News/Current Events
KEYWORDS: noshitsherlock
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1 posted on 09/22/2011 1:14:30 PM PDT by marshmallow
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To: marshmallow

We aren’t in a crisis now?


2 posted on 09/22/2011 1:17:09 PM PDT by brownsfan (Aldous Huxley and Mike Judge were right.)
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To: marshmallow

The last one hasn’t ended yet.


3 posted on 09/22/2011 1:17:31 PM PDT by <1/1,000,000th%
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To: marshmallow

he must be referring to The Third Leg.


4 posted on 09/22/2011 1:18:17 PM PDT by the invisib1e hand (...then they came for the guitars, and we kicked their sorry faggot asses into the dust)
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To: marshmallow

El-erian is a smart dude. I think we are on the brink of a global depression which will lead to global war, either sparked by debt default, currency wars or trade wars. Expect more rioting globally. The 2012 prophesy may be really close.


5 posted on 09/22/2011 1:21:16 PM PDT by BipolarBob (Exercise your right to arm bears.)
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To: brownsfan

NO, it’s going to get much much worse. Just a matter of when.


6 posted on 09/22/2011 1:22:41 PM PDT by BipolarBob (Exercise your right to arm bears.)
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To: <1/1,000,000th%

—The last one hasn’t ended yet.—

I think they mean “crisis” in a different way than you guys do. Think fender bender vs freeway speed head on collission.

We’ve experienced the former, we are headed for the latter.


7 posted on 09/22/2011 1:25:23 PM PDT by cuban leaf (Were doomed! Details at eleven.)
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To: brownsfan

—The last one hasn’t ended yet.—

I think they mean “crisis” in a different way than you guys do. Think fender bender vs freeway speed head on collission.

We’ve experienced the former, we are headed for the latter.


8 posted on 09/22/2011 1:26:36 PM PDT by cuban leaf (Were doomed! Details at eleven.)
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To: BipolarBob

—El-erian is a smart dude. I think we are on the brink of a global depression which will lead to global war, either sparked by debt default, currency wars or trade wars. Expect more rioting globally.—

That is pretty much exactly how I see this.


9 posted on 09/22/2011 1:27:55 PM PDT by cuban leaf (Were doomed! Details at eleven.)
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To: BipolarBob; cuban leaf
El-erian is a smart dude. I think we are on the brink of a global depression which will lead to global war, either sparked by debt default, currency wars or trade wars. Expect more rioting globally.

El-erian is probably familiar with this book. These guys were telling us back in 1997 that we would be entering a period of major upheaval around this timeperiod. Scarily prescient these guys. We are just entering a really bad 20-25 year cycle.


10 posted on 09/22/2011 1:39:05 PM PDT by OB1kNOb (The prudent see danger and take refuge, but the simple keep going and pay the penalty. - Prov 22:3)
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To: OB1kNOb

Regarding this whole financial/social crisis coming, I feel like a dog just before an earthquake.


11 posted on 09/22/2011 1:43:14 PM PDT by cuban leaf (Were doomed! Details at eleven.)
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To: marshmallow

The convergence of a one world government is upon us... all debts to be paid to a single entity, and if you can’t afford to pay, you will become an indentured slave for the sustenance you will need to stay alive. Be prepared to a mark (the mark of the Beast) in you hand or forehead, to show you are committed to the “preservation of humanity and the world”. All others will face annihilation... I believe in Jesus and the conventional Christian teaching of the end times, and of His imminent return; when exactly, no one knows. I will be among those who refuse the mark, should He not hasten His return.


12 posted on 09/22/2011 1:53:06 PM PDT by dps.inspect (the system is rigged...)
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Comment #13 Removed by Moderator

To: cuban leaf

I know the feeling.


14 posted on 09/22/2011 1:59:21 PM PDT by OB1kNOb (The prudent see danger and take refuge, but the simple keep going and pay the penalty. - Prov 22:3)
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To: OB1kNOb

IS that book worth reading???


15 posted on 09/22/2011 2:17:50 PM PDT by Ann Archy ( ABORTION...the HUMAN Sacrifice to the god of Convenience.)
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To: OB1kNOb
We will see the "Final Phase" as postulated in this book come to pass over the next three years:


16 posted on 09/22/2011 2:35:42 PM PDT by Thunder90 (Fighting for truth and the American way... http://citizensfortruthandtheamericanway.blogspot.com/)
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To: Ann Archy
IS that book worth reading???

Very much so, IMO. I wish I had read it years ago. It was published in 1997. It's a pretty academic read, meaning it's not entertaining, but is based on these guys research and studies of past cycles of history, and what one can expect as they project forward to the coming fourth turning of the current history cycle (which they anticipated to begin late last decade or early this decade).

I found it really fascinating to read . It explained a lot to me as to what makes certain generations behave as they do. In the end chapters they lay out a series of events they say are likely to trigger the fourth turning (crisis phase) of the current history cycle. The things they list as possible events causing crisis are astounding (IMO) as to how prescient they are. I could almost tick down the list they gave saying, yep, that's happened, and that's happened, etc.

IMHO, once you've read the book, you'll never look at history or different generations the same and you'll look towards the near future with increasing intrepedation as I currently do. What we will be facing will not be for the faint of heart. Hope this helps. - OB1

17 posted on 09/22/2011 2:39:23 PM PDT by OB1kNOb (The prudent see danger and take refuge, but the simple keep going and pay the penalty. - Prov 22:3)
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To: Ann Archy

I read it at the time and thought it was fantastic. If anything, increased my diligence in properly raising our two members of the next “hero” generation that will save the world this time.


18 posted on 09/22/2011 2:40:21 PM PDT by John W (Natural-born US citizen since 1955)
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To: Thunder90

Am not familiar with it. Anywhere I can read a synopsis of it? Looks interesting.


19 posted on 09/22/2011 2:44:12 PM PDT by OB1kNOb (The prudent see danger and take refuge, but the simple keep going and pay the penalty. - Prov 22:3)
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To: Thunder90

I just read some of the reviews on Amazon. Chilling.


20 posted on 09/22/2011 2:51:57 PM PDT by OB1kNOb (The prudent see danger and take refuge, but the simple keep going and pay the penalty. - Prov 22:3)
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