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high as the sky
As the world financial system continues to erode, the best indicator is the gold price, Commodities will sore, Government will state all is well and the media will enforce such in there little discreet ways, so to know if the world is moving closer to a depression one must look at gold oil, and interest rates and if there all moving forward IN PRICE then inflation is too, with over 730 billion dollars borrowed by Australians gross. Each person /woman and child, has a debt of $53.000.00 each {average} the catastrophe will be the job front as this shall start declining noticeably. And wages forced lower whilst rates go up and equity erodes. What a disaster, all because of banks lending anything to anyone and its getting worse they cant stop, for if they do then the amount of defaults would be staggering as most people are getting credit cards to pay off there credit cards. And the system knows and so too does the government, as money will soon be worth nothing and gold will be worth everything. So 730 billion dollars will soon be 1 trillion borrowed and gold will be 2ooo an ounce, and the collapse will happen as soon as the governments stop swinging a dead cat and own up to the fact its dead, as its starting to smell and soon the world will wake from its brainwash of greed, the rich will be poor the greedy destitute,
This has the makings of a Stephen Spielberg movie, and the title. GONE WITH THE WIND 21-CENTURY COLLAPSE!
As the nursery rime .A tissue a tissue we all fall down
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5/12/2006 |
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