2010-06-08prisonplanet.com

"A top investment banker has warned that the economic fallout of the sovereign debt crisis could get so nasty over the next five years that people would be wise to abandon the markets and instead buy land, barbed wire and guns."



Comments:

catherine at 01:47 2010-06-09 said:
where has this guy been? ammunition has already run out and been restocked...............i love when people finally get their invitation to this party...................they are shocked to know that it has been going strong since 07......................

the article mentions that the government will put 15 trillion into the system to keep the ball rolling...........after 25 trillion the last 2 years that is not going to be enough.............

when we put the 25 trillion in the system we gave it mostly to banks and wall street...............this time there are states and countries in line for that money too............and 15 trillion dollars to split means that

everytime the music stops there are 50% LESS seats............

I still think Wells and Suntrust go down and CITI is getting stinkier and stinkier.........

they should already be gone but the free falling govie money has kept these loser institutions going...............those days are coming to an end......

friends, family and God (or whatever your higher power) are still alive and well (the positive)..............the rest of the stuff is gone............

we securitized this crap to 500 trillion dollars........................BORROWING 25 trillion here, 15 trillion there.............is like throwing dollar bills out of the space shuttle.............

or well a better analogy right now might be ...........like.............throwing dollars bills into a gushing oil well..........................

deleveraging 500 trillion is going to hurt and hurt real bad......................... Permalink

Anonymous at 04:19 2010-06-09 said:
Wait till the public finally realizes that they have been fleeced by deceitful mortgage fraud aided and abetted by Judges, clerks, lawyers and Sheriffs.

Exhibit A: Securitization of the signed mortgage note is illegal!

http://privateaudio.homestead.com/Exhibit_G_Securitization.pdf Permalink

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