Financial Crises Freeze
be so naive Vikas Bajaj Of the New York Times recently wrote an article titled ” Housing lenders Fear Bigger Wave of Loan Defaults”. Bearing in mind that the financial crisis is supposedly over as uttered by numerous financial pundits considering the subprime loans have began to level off ( meaning less rate of default), Now the ALT- A loans are beginning to reset, unfortunately for many Americans, they are finding themselves in a position of negative equity, adding to the crisis, are CDO’s …
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J.P. Morgan is run and has ALWAYS supported the NAZI’s
Mining is for vultures
In my opinion we only have until the September/October 2008 time frame then it’s LIGHTS OUT / GAME OVER for the economy. PERIOD.
You are correct. Some people say that we are so far from the bottom that there is no way it could happen in that time frame.
I need only remind them that Bush as the power to postpone elections, call martial law and list a host of powers he has and then ask one question…
Do you think Bush worked really hard to get all those powers so he can had it off to Obama?
People also should realise that its highly likely that the US (or Bush, anyway) is going to jump at the chance of being involved in another war (Russia/Georgia) – especially as there’s oil involved – and so goes the economy……….(just read recently that the US funded part of the Georgia thing already)
mostly by funding israel, who funded georgia (arms). and russia has funed iran(arms) even while putting sanctions upon them as congress has voted to do. and iran has control over the passage of 25% of the oil. o, and iran is in bed with venezuela who supplies the us with 1/3 of it’s oil! and so on…aaggghh!
Yep – they’re on drugs!
care to explain?
Predicted crisis in 2007, and over 1.5 mil views ?
watch?v=zORv8wwiadQ
I stunned me!