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11-22-2009, 03:16 PM #1
Red Alert: The Second Wave of The Financial Tsunami
Red Alert: The Second Wave of The Financial Tsunami
The Wave Is gathering force & could hit between the first & second quarter of 2010
by Matthias Chang
Future Fast Forward
November 22, 2009
Many of my friends who have been receiving my e-mail alerts over the last two years have lamented that in recent weeks I have not commented on the state of the global economy. I appreciate their anxiety but they forget that I am not a stock market analyst who is paid to write articles to lure investors back into the market. My website is free and I do not sell a financial newsletter so there is no need for me to churn out daily forecasts or analysis.
However, when the data is compelling and supports an inevitable trend, it is time for another review. This Red Alert is to enable visitors to my website to take appropriate actions to safeguard their wealth and welfare of their families in the coming months.
Since the last quarter of 2008, unrelenting currency warfare has been waged by the key global economies and while this competition thus far has been non-antagonistic, it will soon be antagonistic because the inherent differences are irreconcilable. The consequences to the global economy will be devastating and for the ordinary people, massive unemployment and social unrest are assured.
The policy-makers of these countries faced with the total collapse of the international financial architecture have concluded that the solution, the only solution is quantitative easing (i.e. massive injection of liquidity) to salvage the “too big to failâ€
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11-22-2009, 03:42 PM #2
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So what should the American people do with their paper money?
Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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11-22-2009, 03:45 PM #3
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Kind of eye-opening to think that these banks and the Fed have no clue what they are doing to the world economies. Our dollar is absolutely toilet paper (if not worth even less) and it is frightening these money experts have been looking at the micro-, not macro-economic effects of their actions.
While this may be a great game for the folks in the ivory towers, it is ultimately us peons who will suffer most.Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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11-22-2009, 05:15 PM #4
This could happen here too.
Got the image here:
http://hubpages.com/hub/Hyperinflation_ ... _I_Germany
Can you imagine getting paid every hour so the wife could go try to buy food before the money became worthless? This is what some of my family members endured after WWI was over.
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11-22-2009, 07:46 PM #5
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This also happened in WWII. The patriarch of my relative's family was fairly well off with sizeable bank accounts and a couple of properties. After the Soviets marched in, the local money was declared worthless overnight, and each citizen was given 10 rubles. Their properties were nationalized and they basically started from scratch.
I social studies teacher at a FL private school I once interviewed had his 7th and 8th grade classes create entire economies, including a legal system as well as economic. Toward the end of the year, he would walk in an declare himself dictator, and the kids' money was worthless and they would have to start all over again to understand the new society and rules and figure out how to adapt.
It has happened before and could happen again.Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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