Nothing much has been done to change the U.S banking system since the 2008 crisis. Basically, if anythig it is the same problematic system and getting worse. So, let’s see if the banking crisis 2.0 and recession will be upon us within the next short while.
The music is a little creepy, but there is a lot of solid evidence that points to the collapse will come for the United States and global depression. It can come in 3 to 5 years, exactly when is not know, these issues which has been kicked down the road always takes time to work itself out, but when it does it hits fast.
While searching for more information on the upcoming September 27ish, 2011 earthquake predictions, I came across this phrase on one of the search results in Google “WSEMA Conference: September 27-29, 2011 (registration information). …”. This interest me, so I clicked on it and the website belongs to the Washington Military Department, Emergency Management Division.
On the Washington Military Department, Emergency Management Division website http://www.emd.wa.gov/ there is a tab called “Events” and when I clicked on it, I was eerily shocked because this was what it says:
As this video shows, the previous U.S Government reports that the economy is growing and that a recovery was under way. What a crock of crap from the U.S Government.
In reality statistics has been revised downward, and earlier this year the U.S economy did not grow at all, and recently only grew 1.3%.
Watch the FOX Business News video:
http://finance.yahoo.com/video/economy-18773128/economy-still-facing-lackluster-growth-26110669;_ylt=Ag95C2guyDj_qrLea1e4X1vki7p_;_ylu=X3oDMTEzbW1qMnM5BHBvcwMxBHNlYwN2YXJfbW9kMgRzbGsDZWNvbm9teXN0aWxs
This doesn’t say much about how the U.S government manages its citizens / tax payers money, basically the operative word for U.S politicians actions is “wreckless” and “negligent”.
The U.S Treasury Department that has an enormous spending commitments (social securities, employment benefits, debt interest payments etc.) reported that its government bank account had less than $74-billion, and could hit zero dollars by August. 2. 2011.
All this crap in the media about the American debt limit is political posturing. The stupid American politicians are just putting on a show, they already know that by the August 2nd deadline they will raise the debt limit to 15 Trillion. Apparently they have pushed the U.S debt limit higher and higher over 40 times in the past.
Over past few weeks, Cisco, Lockheed Martin and Borders announced a combined 23,000 in job cuts and today RIM announces 11 percent layoff (2000 employees) also on the Canadian front Bombardier has cut work forces in their train transportation factories.
Second half of 2011 may not be as rosy as economist think it would be. Going into mid 2012, I think world economy is going towards another recession.
With the northern arctic ice melting scientist has projected by year 2030 all ice will disappear. This essentially will open up the arctic waters for ships from all countries to cross. This brings a whole new set of defense problems for all northern countries such as Canada, Netherlands, Russia and others.
In light of the current market turmoil that is happening, mainly due to sub-prime credit problems that hit the financial companies which in turn took everything else down with it, I thought I would share this documentary that I found online.
Strangely this hour long documentary was made prior to when the media started really covering this whole sub-prime credit / loan issue. There are a lot of people out there who knew that this was coming.
Watch this “Big Brother Big Business” documentary about your privacy. This video details how everything you do in your life is being recorded without your knowledge. How increasingly Goverment and Corporations are recording your every move and everything about you. The information is used to market to you and use against you in ways you have never thought about. Also the leak of your private information is increasingly being used by criminals for identity theft. Watch this “Big Brother Big Business” one hour long documentary now, it is a very interesting and will open your eyes. Click the play button.
