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17 Reasons To Be EXTREMELY Concerned About The Second Half Of 2012.
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30-06-2012 12:29pm#1Has anyone considering stocking up yet.
Was the Ulster Bank crisis a test of what is yet to come?
"What is the second half of 2012 going to bring? Are things going to get even worse than they are right now? Unfortunately, that appears more likely with each passing day.
I will admit that I am extremely concerned about the second half of 2012. Historically, a financial crisis is much more likely to begin in the fall than during any other season of the year.
Just think about it. The stock market crash of 1929 happened in the fall. “Black Monday” happened on October 19th, 1987. The financial crisis of 2008 started in the fall".
http://theeconomiccollapseblog.com/archives/17-reasons-to-be-extremely-concerned-about-the-second-half-of-20121
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RTDH -
I've only read the first few of these things but a lot of it either reflects on a lack of knowledge on the part of the writer, or else shows that s/he's counting on a lack of knowledge on the part of the reader.
Examples:
2. JP Morgan - I've no idea what level their trading losses will reach, but even if it does hit $9 billion and require a bailout, €9 billion is loose change to the Americans. We've put in about 6 times more into our banks.
3. Derivatives - the $2 trillion dollar figure is impressive, but remember that derivatives are a zero sum game. If Bank A loses a million, Bank B makes a million. And there's a huge amount of hedging going on, so that if Bank A loses a million to B, then C and D will pay bank A half a million each - and so on. So ultimately it will nearly all cancel itself out, and for every loser, there will be a winner.
And so on. I won't take the time to go through every point but you get the idea.
From a CT perspective, there is a well-known phenomenon of market participants putting around scare stories/good new stories to try to drive markets/shares/commodities up/down. I would be much more interested in finding out who is behind this website and why they are interested in driving down the market values.
The guy who claims to be behind the site doesn't give anything other than a first name, but states the following:
I find it odd then that he doesn't give a full name.I do not belong to a political party. In fact, I rip both the Democrats and the Republicans pretty good. I am a very strong Christian, but I believe that most of the churches in America have gotten way off track. I believe that God is raising up Christians that will do things the way that the first Christians did things.
I am also a writer, a speaker and an activist. If you would ever like me to contribute to a book or speak at a conference please let me know.
He also claims to be behind this very similar site: http://endoftheamericandream.com/
Of course, another possibility is that he is simply cashing in on the market of people who like to read this type of stuff and makes his money out of the advertising that you see plastering his site.
A WhoIs lookup shows that the guy is concealing his identity.Registrant:
Domains By Proxy, LLC
DomainsByProxy.com
14747 N Northsight Blvd Suite 111, PMB 309
Scottsdale, Arizona 85260
United States
Registered through: GoDaddy.com, LLC (http://www.godaddy.com)
Domain Name: THEECONOMICCOLLAPSEBLOG.COM
Created on: 24-Dec-09
Expires on: 24-Dec-16
Last Updated on: 12-Mar-12
Administrative Contact:
Private, Registration @domainsbyproxy.com
Domains By Proxy, LLC
DomainsByProxy.com
14747 N Northsight Blvd Suite 111, PMB 309
Scottsdale, Arizona 85260
United States
[/B] (480) 624-2599 Fax -- (480) 624-2598
Technical Contact:
Private, Registration @domainsbyproxy.com
Domains By Proxy, LLC
DomainsByProxy.com
14747 N Northsight Blvd Suite 111, PMB 309
Scottsdale, Arizona 85260
United States
(480) 624-2599 Fax -- (480) 624-2598
Domain servers in listed order:
NS1.THEECONOMICCOLLAPSEBLOG.COM
NS2.THEECONOMICCOLLAPSEBLOG.COM0 -
Monty Burnz wrote: »RTDH -
I've only read the first few of these things but a lot of it either reflects on a lack of knowledge on the part of the writer, or else shows that s/he's counting on a lack of knowledge on the part of the reader.
Examples:
2. JP Morgan - I've no idea what level their trading losses will reach, but even if it does hit $9 billion and require a bailout, €9 billion is loose change to the Americans. We've put in about 6 times more into our banks.
3. Derivatives - the $2 trillion dollar figure is impressive, but remember that derivatives are a zero sum game. If Bank A loses a million, Bank B makes a million. And there's a huge amount of hedging going on, so that if Bank A loses a million to B, then C and D will pay bank A half a million each - and so on. So ultimately it will nearly all cancel itself out, and for every loser, there will be a winner.
And so on. I won't take the time to go through every point but you get the idea.
From a CT perspective, there is a well-known phenomenon of market participants putting around scare stories/good new stories to try to drive markets/shares/commodities up/down. I would be much more interested in finding out who is behind this website and why they are interested in driving down the market values.
The guy who claims to be behind the site doesn't give anything other than a first name, but states the following:
I find it odd then that he doesn't give a full name.
He also claims to be behind this very similar site: http://endoftheamericandream.com/
Of course, another possibility is that he is simply cashing in on the market of people who like to read this type of stuff and makes his money out of the advertising that you see plastering his site.
A WhoIs lookup shows that the guy is concealing his identity.
That's some fine detective work there, Lou..0 -
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Run_to_da_hills wrote: »
Listening to that, it reminds me of somebody talking about weather systems and their actions as if they are being choreographed by a global weather elite. I can also imagine Angela Merkel being rather dismayed to learn that she's outside the 'global power elite'.0 -
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Moon! Pah!
There is no moon! It's a hologram, projected from the pyramids at Giza by the illuminati.
Foolish sheep can't recognise a simple illuminati illumination!0 -
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EdanHewittt wrote: »So regarding the whole '2012 phenomenon' ... I don't believe anything media, or 'new media' says, I just look around and deduce things for myself.
You mean you just make it up then.
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https://www.youtube.com/watch?v=wALNWwzERQ4
https://www.youtube.com/watch?v=-el85Amumvs
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