Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Many Predict US Financial Collapse in September
Various Sources ^ | 07/27/09 | Several Sources

Posted on 07/27/2009 11:36:55 PM PDT by FARS

US State Dept has advised embassies worldwide to stock up on a year's worth of the local currency in anticipation of collapse of the US dollar. Look for a temporary banking shutdown timed for around September 2009. As under Roosevelt, some banks won't reopen. 96% of bank reserves are currently held with the Federal Reserve who tells the banks not to loan the money, but rather to save it for further banking acquisition and consolidation. Chapman foresees a bank holiday lasting 4-5 days. Chapman thinks this first bank holiday presages a much more significant bank holiday months to years later which will involve simultaneous devaluations of multiple currencies as well as other significant changes in the banking system.

(Excerpt) Read more at antimullah.com ...


TOPICS: Foreign Affairs; Front Page News; Government; News/Current Events
KEYWORDS: bho44; bhoeconomy; bhostatedept; currency; depression; dollar; economy; globaleconomy; kookstuff; nuttykooks; obama; soros; soshillary; theobamadepression; third100days; wot
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-80 ... 161-170 next last
To: the_Watchman

I did not post this story I posted the original market watch story and if you think that looks like grade school journalism what can I say but it does not look the same to me.

http://www.marketwatch.com/story/schultz-paints-bleak-picture-of-future


21 posted on 07/28/2009 12:12:00 AM PDT by FromLori (FromLori)
[ Post Reply | Private Reply | To 16 | View Replies]

To: FromLori

U.S. dollar is cratering tonight...any ideas why?


22 posted on 07/28/2009 12:13:00 AM PDT by spyone (ridiculum)
[ Post Reply | Private Reply | To 21 | View Replies]

To: WVKayaker

Silly Kayaker....

You don’t think Obama is stupid enough to take Michelle with him when he splits, do you?

It’ll be like, “Honey, I’m going out for a pack of cigarettes...”

And the next thing ya know....


23 posted on 07/28/2009 12:13:37 AM PDT by Ronin (It will be helpful if Geithner can show us some arithmetic.)
[ Post Reply | Private Reply | To 19 | View Replies]

To: FARS
Anti-Mullah is supposed to be some fount of wisdom?

Jim Willie of goldenass.com is one of the sources?

Please.

24 posted on 07/28/2009 12:14:44 AM PDT by what's up
[ Post Reply | Private Reply | To 1 | View Replies]

To: the_Watchman
The Anti-Mullah link is fully underlined. Again, it may be valid, but it comes off looking like grade-school journalism copy.

It appears Anti-Mullah derived his post from Bob Champman's site. See below...

http://www.theinternationalforecaster.com/International_Forecaster_Weekly/Scams_And_Bailouts_The_Cause_of_World_Depression

25 posted on 07/28/2009 12:14:56 AM PDT by kara2008 (Government cannot be the solution when government is the problem)
[ Post Reply | Private Reply | To 16 | View Replies]

Where are those ‘oh noes!’ people?


26 posted on 07/28/2009 12:24:20 AM PDT by ReneeLynn (Socialism, it*s the new black.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: spyone

Probably because of the billions in bond sales...

http://latimesblogs.latimes.com/money_co/2009/07/treasury-secretary-timothy-geithner-is-trying-to-persuade-china-and-other-foreign-buyers-of-us-debt-that-they-dont-hav.html


27 posted on 07/28/2009 12:25:58 AM PDT by A.Hun (Common sense is no longer common.)
[ Post Reply | Private Reply | To 22 | View Replies]

To: FARS; Fred Nerks; null and void; stockpirate; george76; PhilDragoo; Candor7; BP2; MeekOneGOP; ...
Many Predict US Financial Collapse in September

Horrifying wake up call that Obama has destroyed us beyond repair. Our local currency is the Dollar and it may not be worth anything much in a couple of months or so.

Ping to article; don't miss #6 and #17.

~New tagline.~

28 posted on 07/28/2009 12:27:29 AM PDT by LucyT (YOYO = You're on your own.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: FromLori

I agree. The marketwatch story looks worthwhile. I was commenting on the post you made which looked like it had Chinese characters in it and had the phrases I mentioned; i.e., “helicopter” and “criminal”.

Your posts are usually from good sources and I was worried you were getting frantic. :) Someone suggested the Anti-Mullah source for this thread was a World Socialist web site. Hardly something we would value at FR.


29 posted on 07/28/2009 12:29:25 AM PDT by the_Watchman
[ Post Reply | Private Reply | To 21 | View Replies]

To: A.Hun

Yes, and this.

http://www.nytimes.com/2009/07/28/world/28strategy.html?em

The Chinese are thowing their money around to look tuff in the meetings. Pathetic, but we do it too.


30 posted on 07/28/2009 12:29:38 AM PDT by spyone (ridiculum)
[ Post Reply | Private Reply | To 27 | View Replies]

To: the_Watchman

Oh I was just following the links and that was one of them in the story and I thought my gosh was this news in China???


31 posted on 07/28/2009 12:31:36 AM PDT by FromLori (FromLori)
[ Post Reply | Private Reply | To 29 | View Replies]

To: rabscuttle385
May God have mercy on these United States of America if such an event occurs.

May God have mercy on America, indeed. Obama certainly won't.

32 posted on 07/28/2009 12:32:55 AM PDT by Jess Kitting
[ Post Reply | Private Reply | To 3 | View Replies]

To: spyone

Perhaps

http://www.marketwatch.com/story/us-stock-market-plugged-in-to-treasury-auctions-2009-07-27


33 posted on 07/28/2009 12:33:53 AM PDT by FromLori (FromLori)
[ Post Reply | Private Reply | To 22 | View Replies]

To: FromLori

Fulford not as reliable as the others quoted in the story.

Chapman and Harry Schulz are friends, extremely well-connected globally and have known what’s going on for years. Sinclair also very respected and sees trends and shifts in markets that many can’t grasp.


34 posted on 07/28/2009 12:43:30 AM PDT by spycatcher
[ Post Reply | Private Reply | To 6 | View Replies]

To: FARS

Keep buying while these idiots bitch and moan. The market climbs a “wall of worry” Everyone on this forum knows by now I have been yelling “buy” for almost 6 months. Kudos to the dozen or so of you who told me you bought crude futures, PALM, F, GS, CYOU (IPO) and/or BZH on my signal. Dow 9k call was ridiculed by dozens for the past 3 months. Now we look for 10k by Labor Day. If you missed much of the move, play light. Good luck.


35 posted on 07/28/2009 12:51:18 AM PDT by FreepShop1
[ Post Reply | Private Reply | To 1 | View Replies]

To: FARS

W
T
F

Jesus LORD have mercy. I am buying more silver.


36 posted on 07/28/2009 12:51:38 AM PDT by Danae (I AM JIM THOMPSON - Conservative does not equal Republican. Conservative does not compromise.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: cherry; FromLori
Secret "closed door" meeting with congress...

Not only did members discuss new surveillance provisions as was the publicly stated reason for the closed door session, they also discussed:

1. the imminent collapse of the U.S. economy to occur by September 2008,

2. the imminent collapse of US federal government finances by February 2009,

3. the possibility of Civil War inside the USA as a result of the collapse,

4. advance round-ups of "insurgent U.S. citizens" likely to move against the government,

5. the detention of those rounded-up at "REX 84" camps constructed throughout the USA,

6. the possibility of retaliation against members of Congress for the collapses,

7. the location of "safe facilities" for members of Congress and their families to reside during expected massive civil unrest,

8. the necessary and unavoidable merger of the United States with Canada (for its natural resources) and with Mexico (for its cheap labor pool),

9. the issuance of a new currency - THE AMERO - for all three nations as the proposed solution to the coming economic armageddon.

37 posted on 07/28/2009 12:52:29 AM PDT by gnarledmaw (Hive-mind liberals worship "leaders". Sovereign conservatives elect servants.)
[ Post Reply | Private Reply | To 10 | View Replies]

To: FARS

Hitler was alive at the time, but the hyperinflation was in 1922-23. Hitler was elected in 1933.


38 posted on 07/28/2009 12:52:44 AM PDT by Arthur McGowan
[ Post Reply | Private Reply | To 13 | View Replies]

To: FromLori

That script is a combination of Chinese and Japanese characters. Likely this is a Japanese source or it would have been all in Chinese characters.


39 posted on 07/28/2009 12:54:34 AM PDT by Danae (I AM JIM THOMPSON - Conservative does not equal Republican. Conservative does not compromise.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: FreepShop1

Do you work in the markets? Are you a trader? Not only you are trying to push people to get into a the biggest and most dangerous fake bubble in history but you are also advertising some particular brands to buy.


40 posted on 07/28/2009 12:55:56 AM PDT by jveritas (God Bless our brave troops)
[ Post Reply | Private Reply | To 35 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-80 ... 161-170 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson