6-3-2009 Postponed Economic Collapse & OBAMA LOANS
Posted By: admin | 2009.11.08
This is a two part video, so please make sure to watch part one first. www.youtube.com I’m offering up more evidence of why I feel we are at greater risk of an extreme deflationary depression rather than hyperinflation. China is no longer pushing for a new reserve currency and there appears to have been some type of renewed trust in US treasuries. Rest assure things are not back to normal and it is not business as usual. It appears that they are going for a pro-longed drawn out gut wrenching …
25 Comments:
MoonSpyStudios / June 4, 2009 5:53 pm
Your Wrong or ignorant one of the two. How about you get your facts straight before you “claim” I’m wrong. I have sources whats your source? I quote “By Mark Pittman and Bob Ivry March 31 (Bloomberg) -The U.S. government and the Federal Reserve have spent, lent or committed $12.8 trillion, an amount that approaches the value of everything produced in the country last year, to stem the longest recession since 1930″. Go learn some real news and Stop spreading LIES. 2.2 trillion what a joke,,
MoonSpyStudios / June 4, 2009 5:56 pm
June 4 (Bloomberg) –The U.S. Dollar Index has fallen 11 percent over the past three months as President Barack Obama and Fed Chairman Ben S. Bernanke committed $12.8 trillion to revive frozen credit markets and snap the recession.
The index, which tracks the greenback against the euro, yen, British pound, Swiss franc, Canadian dollar and Swedish krona, dropped 6.4 percent in May, the most since March 1985, when President Ronald Reagans government was trying to weaken the U.S. currency.
darkcloud2211 / June 4, 2009 6:10 pm
Wrong, the approved spending is at 2.2 trillion, does not matter what they say they will commit, if it’s not passed through the house, and it has not been. Now, your just another idiot
MoonSpyStudios / June 4, 2009 6:40 pm
Where is your SOURCE? Bloomberg is wrong? You suffer from Cognitive dissonance. Believe what you want. But It does not change FACTS. And the FACT is they COMMITTED TO 12.8 TRILLION, live in your fantasy land. It still does not change any FACTS about the 12.8 trillion there stealing in bailouts from us and our grand children. But what do i know I’m just another idiot right? a slave of the corporation just like you. Further debate is futile if Bloomberge is not a good enough source for you.
leninstreet / June 4, 2009 8:47 pm
Where do you get your numbers? Sweden for example has a number of 41.70 accourding to CIA and the US has 60.80. Also remember that the US fudges these numbers.
Keenen420 / June 4, 2009 9:05 pm
they might want to call it 2.2 trillion but rest assured whatever amount they say they spent is at least 5x less then they actually did, isnt the american debt around 10 trillion officially but apparently its nearly 60 trillion, im not basing that on anything ‘quoteable’ but i think thats what it is in my personal opinion, doesnt matter anyway, the numbers mean nothing, we all know whats really going on
likeuntomoroni / June 4, 2009 9:39 pm
A real bail out would have went to the banks in the names of the people, now the banks have the money and the people still owe them. This means the banks are gonna get paid double with intrest. This is a provess that is controlled by those that “govern” us but they are dependent on the people making bad choices. If no one in the country was in debt the country would not be in debt.
CloeBuckingham / June 5, 2009 12:55 am
Stop confusing your pretty little head with all that financial stuff and get down to making some porn flicks.
frgtmygld / June 5, 2009 4:30 am
I too thought it would be inflation, then I began to consider deflation because of the things you mention. Now I feel pretty comfortable in predicting stagflation, with the possibility of hyperinflation later if the politicians need to placate the masses with wage inflation
Consider this: it is impossible to have a dollar collapse without inflation following. Imports would go up in price and producers here would be able to sell for more in foreign markets. foreigners would bid up prices here too
ShortSalesBuyers / June 5, 2009 2:51 pm
Here’s the number…. if you buy a house for 200K with a FHA (government back loan) you only pay 3% to get into a house… this is $6k down… and you get $8k back…. you “technically” got into a house with 100% financing… not if… but when the market shifts down… the home owner will not have any incentive to stay in the home… this is the 3rd leg down in this housing bubble… MHO
StuffedAnimalAdvisor / June 5, 2009 11:25 pm
at 3:50 your right, they probably won’t.
YOUR goal should you choose to accept it PAY OFF YOUR MORTGAGE and stop going into debt.
sylvestermoore / June 7, 2009 7:36 am
why?
Daniyoyo / June 10, 2009 9:42 pm
what difference does it make sylvester? if the cost of things go down the your pay check does down vs the cost of things goes up and ur pay check goes up? they sound like equal to me. sure oil will hit 6 dollars by this year i bet you, gold and silver to the moon yes, BUT the thing in this country is , “we simply have to much cheap money” dollars literly everywhere, prices need to drop thts the markets way of fixing itself, and homes NEED to come down for more demand to rise for them
BayAreaLen / June 14, 2009 8:24 am
There’s so much speculation, even among us who are labeled conspiracy theorists because we see world affairs for what they are. It will be interesting if nothing else, just to see where we end up, and who played the right card. Sad it has to be this way though. Times are, and will continue to be, tough.
tehila001 / June 16, 2009 5:35 am
sylvester — enjoyable and intelligent video as always… i think you have it wrong though… have you seen the chart of ^dxy on marketwatch lately? also look up the CRB index for commodities. in may the dollar tanked and commodities exploded..MORE IMPORTANTLY AND MORE DRAMATICALLY HOWEVER: during may the first week of june there was a BLOWOUT in 5, 10 and 30 year govt bonds.. that is HUGE.. forget all the other markets– that has been the fiscal story of june so far, and its very inflationary
tehila001 / June 16, 2009 5:40 am
also, geithner got laughed at and he didnt make any deals– he may just have asked for more time… ur outlook from 4 months ago was more on the money,… gold has not broken out yet because if you notice it is still very overpriced compared to the other commodities– Copper, nickel, wheat, even silver all collapsed after 6.30.08… CRB at 260 now vs. 450 then… compare that to gold– gold is still not far from its mar 08 high of 1020 or whatever— expect ur original scenario in fall 2009 sly
tetekofa / June 23, 2009 4:14 pm
- dont forget that our currency is backed by hydrogen bombs guy.
sunw80 / July 5, 2009 9:01 am
I know you have a lot of silver Sylvester, so if we enter a deflationary period, then your silver will become worth less in value while the US Dollar will become worth more. That does not seem very likely to me. Read about the Weimar Republic in Germany.
StuffedAnimalAdvisor / July 12, 2009 6:55 am
Most people have to borrow to get a house as they don’t have gobs of money laying around.
If you think deflation is going to happen, then safest way is to wait until that happens before you get a loan. Old advice buy low, sell high.
If you already have a loan, pay it off as quickly as possible.
A person is obligated to pay their debt. They received something of value, and did not fully pay for it. By law and right, they are supposed to pay what they owe.
If only to compensate the other guy
bigchicknfu / July 18, 2009 7:16 pm
slowly boiled frog effect !
bigchicknfu / July 18, 2009 7:17 pm
peace from the ATL !
thetruthprincesss / August 2, 2009 3:59 am
Youre right brother. Its going to continue to drag out, but I believe that at some point towards 2012, shits gonna crash.
Lexi8888 / August 6, 2009 1:36 am
There are over 18 million vacant homes as of 8/09. Bonds will go bust, commercial real estate defaults are ramping up, a boat load of arm loans are coming due next 2 months. The only ones getting rich are the ones who started this whole mess. My question to you…with all the quantative easing, the eventual unavoidable monatizing of the debt, how can we NOT go into hyperinflation. Someone has to pay. It unfortunately will be us!
72dzubak / September 12, 2009 7:49 am
I agree and think what this man has to say is 150% accurate and true. Our Government has taken us all for a ride and at this point in my life as a 37 yr old male who is unemployed its making me car sick. Its a shame to think that our Government has put us in this situation and has the gale to try to smoke screen us into having faith and trust in anything that they or do. It is said to say that at this point and time in my life ” I AM NOT A PROUD US CITIZEN ” and i was born here.
72dzubak
miamirules101 / September 27, 2009 11:56 pm
If you flood the market with dollars, prices will either stabalize, as americans now are saving more, or they will skyrocket since cheap money tends to be viewed as the perfect ATM. Deflation would have occured if former President Bush and President Obama had not stepped in. Of course, they are under pressure of the financiers (the Federal Reserve). This private central bank, who is as federal as Federal Express, is the culprit of all of our woes. Take this as food for thought.