It’s 2008 All Over Again… Only Worse

Phoenix Capital Research's picture

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Bullionaire's picture

Would someone PLEASE download the 100% FREE SPECIAL REPORT so we can be rid of Captain Obvious here?

BeerGoggles's picture

Why do you keep posting? You've sold all your crisis trades at 30-40% loss.

eddiebe's picture

You all got to remember: The 'fed' are a consortium of bankers. You have to figure out what they are after and the means they are using and will use to get it.

 What they want is complete dominion. If they are adding a few trillion to their balance book, you can bet they will extract double that from us. Th

 They cannot do that with worthless currency. So what this means to me is that they will be shoveling frn.'s at us while they stock up on the real valuables.

 The next tool in B.B.'s box will be rising interest rates and rising gold prices. Then a frn. link to gold, so the bankers can collect 30 years worth of 15% interest on real money. Makes sense to me!

falak pema's picture

By then Main street will have been stripped to bare bones... including 401K of boomer's jeopardized... A lot of Oligarchs will also lose their shirts in derivatives wind downs if the interest rates REALLY hike...There will be blood...But the asset wind down is inevitable...probably after Nov 2012...if they can defer it by keeping china/Brics disciplined, and QE-2.5 pumping into 2012...big volatility is maximum...and nobody even amongst the Oligarchs has a real handle on black swan events : ME, Euro blow up, USA civil unrest, Japan imploding, China inflating beyond control. Many balls in the air...

gmj's picture

There is no such thing as a "free" report.  Why should I believe anyone who predicts disaster, and then offers to send me a "free" report ?  Where were the gloom-and-doomers in 2007, when they could have saved people a lot of grief ?  These guys have been completely wrong about the markets for two years now.  Did they just receive a divine revelation ?  Sorry, I don't accept future predictions from salesmen.  

malek's picture

Linear thinking would conclude the FED grows its balance sheet to $10T next mess.

honestann's picture

The fed will print, print, print... then blame their failure on others.

Everybodys All American's picture

The Fed will get more aand more desperate and that means the DOW is likely to move up 100 to 200 points a day as the Fed itself buys the market trying to keep the myth of recovery alive. Trust me these guys are that desperate and I know how they think about the stock market's "wealth effect".

HyperLazy's picture

"the Fed will be powerless to do anything about it"

Oh it won't stop 'em from trying. They will print mo' money! Maybe even outsource the printing from China.

Better yet the FED will just start a lottery with people's social security numbers, round up the lucky winners, throw them into shackles and sell 'em off into slavery until the national debt is solved.

Urban Redneck's picture

Reread the text of the Thirteenth Amendment- a simple act to change the federal sentencing guidelines is all it takes (excluding the ensuing civil war redux). 


in4mayshun's picture

As crazy as he is, David icke actually said something very intelligent awhile back. When asked by a viewer,"when will the world Elites let the system fail?"

His reply was, " When the Governments no longer have the means to stop a collapse."

It appears that time is quickly approaching and a global currency will be a shoe-in.

Sudden Debt's picture

This knowledge is starting to dawn on average Joe & Jane to.

I even start to think that if we go down again, we might finally get a bigger protesting crowd when the consiquences will hit mainstreat.


mfoste1's picture

people hitting the streets is exactly what will happen. When shit does in fact hit the fan(probably won't be for at least another 1.5 yrs), thousands of middle class Americans who have worked very hard for 40 years, only to have absolutely nothing to show for it(due to further slide in housing values and depleted 401ks), will finally wake up and realize what exactly has been done to them. I'm gonna go out on a limb here and suggest that it could get ugly.

eatthebanksters's picture

banksters hanging from lamp posts maybe?

topcallingtroll's picture

We have not yet had enough lamp pole dancers as a poster so poetically said yesterday.

Cyrano de Bivouac's picture

Sudden Debt, I always wanted to ask you this, would you like some frites with that?