Crisis of historic proportions coming - GoFuckYourself.com

Babel · 06-01-2004, 10:36 AM

Is it finaly time for the october surprise?

"Let me just say from the outset that the Federal Reserve has confirmed our Stock Market Crash forecast by raising the Money Supply (M-3) by crisis proportions, up another 46.8 billion this past week. What awful calamity do they see? Something is up. This is unprecedented, unheard-of pre-catastrophe M-3 expansion. M-3 is up an amount that we've never seen before without a crisis - $155 billion over the past 4 weeks, a $2.0 trillion annualized pace, a 22.2 percent annualized rate of growth!!! There must be a crisis of historic proportions coming, and the Federal Reserve Bank of the United States is making sure that there is enough liquidity in place to protect our nation's fragile financial system. The amazing thing is, the Fed's actions mean they know what is about to happen. They are aware of a terrible, horrific imminent event. What could it be?

One can draw no other conclusion except that the Fed is acting irresponsibly in its managing the money supply, in fulfilling its duty to "maintain a stable currency." I reject the notion that the Fed is acting irresponsibly. No, something is up, bigger than we have ever seen in the history of the United States."

http://www.safehaven.com/article-1597.htm

discuss ...

FlyingIguana · 06-01-2004, 10:43 AM

the fed has acted irresponsibly for years. we get out of one bubble and go right into another.

the terrible, horrific event is negative real interest rates causing a credit bubble which will burst.

Boogie3 · 06-01-2004, 10:44 AM

Quote:

Originally posted by FlyingIguana
the fed has acted irresponsibly for years. we get out of one bubble and go right into another.

the terrible, horrific event is negative real interest rates causing a credit bubble which will burst.

What does that mean to the average consumer though?

Paul Waters · 06-01-2004, 10:45 AM

I thought that this was normal six months before a presidential election.

FlyingIguana · 06-01-2004, 10:47 AM

Quote:

Originally posted by Boogie3
What does that mean to the average consumer though?

recession

falling stock market, real estate, etc

stagflation is a real possibility, which is low growth and high inflation.

KRL · 06-01-2004, 10:47 AM

The Fed controls the world economy.

Babel · 06-01-2004, 11:04 AM

Quote:

Originally posted by KRL
The Fed controls the world economy.

Not anymore, the EU 25 are now bigger then the USA, in fact they even import more Gas then the U.S

Those times are gone, and the Arabs already know it, and they charge their prices according to the Euro by proxy.

See this:

OPEC Has Already Turned to the Euro
http://goldmoney.com/en/commentary/2004-02-18.html

Manowar · 06-01-2004, 11:08 AM

Why do they have to go and fuck the world up

06-01-2004, 10:36 AM	#1
Babel Confirmed User Join Date: Apr 2004 Posts: 1,457	Crisis of historic proportions coming Is it finaly time for the october surprise? "Let me just say from the outset that the Federal Reserve has confirmed our Stock Market Crash forecast by raising the Money Supply (M-3) by crisis proportions, up another 46.8 billion this past week. What awful calamity do they see? Something is up. This is unprecedented, unheard-of pre-catastrophe M-3 expansion. M-3 is up an amount that we've never seen before without a crisis - $155 billion over the past 4 weeks, a $2.0 trillion annualized pace, a 22.2 percent annualized rate of growth!!! There must be a crisis of historic proportions coming, and the Federal Reserve Bank of the United States is making sure that there is enough liquidity in place to protect our nation's fragile financial system. The amazing thing is, the Fed's actions mean they know what is about to happen. They are aware of a terrible, horrific imminent event. What could it be? One can draw no other conclusion except that the Fed is acting irresponsibly in its managing the money supply, in fulfilling its duty to "maintain a stable currency." I reject the notion that the Fed is acting irresponsibly. No, something is up, bigger than we have ever seen in the history of the United States." http://www.safehaven.com/article-1597.htm discuss ... __________________

06-01-2004, 10:45 AM	#4
Paul Waters Confirmed User Join Date: Mar 2003 Location: Toronto, Ontario Posts: 4,402	I thought that this was normal six months before a presidential election. __________________ Paul

06-01-2004, 10:47 AM	#6
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	The Fed controls the world economy. __________________ If you would like to develop your domains, you can lease inexpensive foreign labor from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION! * * * * * * * * * * * * Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

06-01-2004, 10:43 AM	#2
FlyingIguana aspiring banker Join Date: Mar 2002 Location: toronto Posts: 10,870	the fed has acted irresponsibly for years. we get out of one bubble and go right into another. the terrible, horrific event is negative real interest rates causing a credit bubble which will burst.

06-01-2004, 11:08 AM	#8
Manowar jellyfish Join Date: Dec 2003 Posts: 71,528	Why do they have to go and fuck the world up