Go to youtube and check out Bill Bonner. He’s not only predicted this for a while, but admits he’s mesmerized by how long they’ve been able to kick this can down the road.
And 2008 was a very interesting year. He talks of it. I posted a thread about a closed door weekend congressional hearing back then (that gave us QE). I was Robroy then, btw.
One thing I only learned of a year ago about that hearing was that at least two of the representatives in that meeting told their wives to go to ATM’s and get all the cash they can because the banks may not open on Monday. And at least one of the representatives, coming out of the meeting, looked like he had seen a ghost.
And the explanation is in this aging, scary and hilarious video that drives the point home squarely, regarding the mess we were in then (2014), and is exponentially worse now:
https://www.youtube.com/watch?v=TlN28DoL5qA
This whole thing is not about “if”. It is about “when”, and it’s NOT just the US.
I have watched that video before, and it is brilliant, and also very scary.
That video is just hillarious.
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>> “This whole thing is not about “if”. It is about “when”, and it’s NOT just the US.” <<
Read your Bible!
The economic doom is all in the 7th seal.
We’re presently at the early part of the 6th seal.
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Nobody believed me in 2006 nor 2007.
And it was worse than I thought. I was already feeling the effects.
I know all too well the damage that’s been done.
like clock work, the economy crashed...
or did it?...
I remember the report about the House congressional committee meeting and predicting riots in the streets about the upcoming crash several months down the road...of course the rats denied it...
they wanted the bammy to be elected...funny, just as McCain and our Sarah were surging that the economy took the blip..with Tarp, etc...
there is only fact in life of our economy and that is the rich will always take everything if they can..