Thread: Global systemic crisis – New tipping-point in March 2009:

Global systemic crisis – New tipping-point in March 2009: 'When the world becomes aware that this crisis is worse than the 1930s crisis'
- Public announcement GEAB N°30 (December 16, 200 -

LEAP/E2020 anticipates than the unfolding global systemic crisis will experience in March 2009 a new tipping point of similar magnitude to the September 2008 one. According to our team, at that period of the year, the general public will become aware of three major destabilizing processes at work in the global economy, i.e.:

• the length of the crisis
• the explosion of unemployment worldwide
• the risk of sudden collapse of all capital-based pension systems

A whole range of psychological factors will contribute to this tipping point: general awareness in Europe, America and Asia that the crisis has escaped from the control of every public authority, whether national or international; that it is severely affecting all regions of the world, even if some are more affected than others ( see GEAB N°28 ); that it is directly hitting hundreds of millions of people in the “developedâ€

GLOBAL SYSTEMIC CRISIS Press clippings

Shopping malls are running on empty
Los Angeles Times

Alert vis-Ã*-vis the global crisis - The EU must prepare itself from now on to a massive burst of unemployment for the 3 years to come

Newropeans MagazineTrade-Protection Threat in China, Russia, U.S. Imperils Rebound
Bloomberg

With Strikes, China's New Middle Class Vents Anger
Washington Post

Dollar's autumn rally proves short-lived
International Herald Tribune

Financial crisis: Free money coming your way!
Telegraph

Fred Thompson explains bailout
TheoSpark

Taxpayers face new pain as Gordon Brown's bank bail-out fails to stop credit crunch
Telegraph

Russia's industrial output down 8.7% in November
RIA Novosti

Head of IMF fears unrest without action on economy
Times

Changing credit card terms squeeze consumers
USA Today

Housing starts plunge 18.9% to record low
Market Watch

U.S. Consumer Prices Fall 1.7%; Core Rate Unchanged
Bloomberg

Downturn Spurs 'Survival Panic' for Some in the US
CNBC

Profiles in Panic

http://www.leap2020.eu/GEAB-N-30-is-ava ... a2567.html


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