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Friday, September 12, 2008

America Broke and Scared

The biggest clue to the upcoming US Financial Collapse was in plain view over the past 48 hours. Did you see it? The US Government bailed out both Freddie Mac and Fannie May.

How did Wall Street respond. Good news, the market went up 290 points. The next day? The market dropped 280 points. So by printing out billions and billions of dollars it bought America one day. Do you know what the dollar amount of bad housing loans is in America as of September 2008?

The number is 1.2 Trillion Dollars. Our dear friends at the FDIC say that they have 50 Billion Dollars to pay off failing banks. Do you see anything wrong here? Watch the whole video as there are various clips including an explanation of why the 1929 stock market crash happened. Is it happening again?

Yes. How do I know? 3 major automobile companies going bankrupt. Millions of jobs lost to overseas. Some say that the USA is technically now under martial law. What do you think? Are you in America? Do you feel safe? We people in New Zealand can't believe what is happening to America.

The time has come for you all to wake up. Now there is one possible solution circulating world wide that with Russia's amount of oil (yes they have a lot it), Oil may drop to as low 50 dollars a barrel. This is projected to be another factor in the upcoming US Financial Collapse as the US Government needs higher oil prices and profits to pay off their debt. Let me know your thoughts on this.

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