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 ...

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?

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

:rasta

recession

falling stock market, real estate, etc

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

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

Why do they have to go and fuck the world up