So on Wednesday the Federal Reserve of the United States chairman Ben Bernake said that they will not do a full quantitative easing (extensive money printing or QE3), but instead continue short term treasuries purchases with “operation twist”.
The stock market reacted quite muted, then fell and on Friday bounced up a bit. The question is can the stock markets go higher from this level or can it maintain this level. In light of all the bad economic data out there and the fact that the summer months up to August and September are historically down months it would seem that the answer is a resounding “NO”.
If Greece leaves the Euro, there will be short-term pain, but over the long run the economy will turn around, just look at Iceland who told the bankers to shove it.
- There is no way the American and European government can pay off the huge debts on their balance sheet, so a new scheme is going to be made up.
- Printing money, have their tax payers pay for everything for decades to come.
- The U.S dollar may stop to become the reserve currency and when this happens there is going to be global economic collapse.
- Currency wars
- Trade wars
- World wars
- Presidential elections
- Treaty between Egypt and Isreal
- Arab spring, pro-democracy was a lie, it was all about Arab people living on $2 a day, and oil, food prices rising. They cannot feed themselves.
- Class warfare
Sheeples wake up and learn about what is happening with your country, read the news, alternative news and investigate what the politicians are doing with your tax dollars and what deals they are forming with other countries, basically selling out.
Christopher Greene sums it up pretty good. Most asleep Americans, Canadians and Europeans don’t have any clue that this was all planned, the wars are not for democracy for middle east countries, it is about taking over countries.
Have a watch and listen, open your mind, understand the big picture.
The financial crisis in Greece is worst than you think. The country is on the verge of collapse and the people there are feeling it. Recently a mother and her son committed suicide and jumped off a building.
However, this is not the first suicide, many has occurred in the past few months, including elderly men going into government buildings and shooting themselves in protest.
-Greece free lunch is over
-Don’t know Euro can survive
-America is the greatest debtor (owes the most money) in the history of the world
-American cannot compete anymore
-The U.S dollar is a flawed currency
-Other people’s money
-The world economy power is moving east to Asia
-More central bank money printing coming
-New global financial recession / setback in 2013-2014
-The people that lose their jobs will suffer the most
-Businesses will suffer globally
- The U.S Federal reserve do not want Gold prices to rise, because people will see the truth that the U.S. dollar is going to be worthless because too much has been printed and the U.S government is too much in debt (15 Trillion).
- American’s are being lied to with government CPI (consumer price index) statistics which does not take into account gas and food prices into their statistics for inflation. Ya sure we don’t need to eat or drive our cars to work.
- The corrupt politicians keep stealing taxpayers money, and mooch of taxpayers money to live.
- China will experience economic hardship as well, when worldwide depression hits.
