Wednesday: EuroZone vote to save Greece
Thursday: US GDP report: it will be negative
Friday-Sunday: Greek Austerity Vote: THere is ZERO chance of this passing. MPs are receving death threats and people are throwing bricks at their houses, plus there was an internal memo leaked last night saying Greece really needs $260 Billion, not $109. plus, with a 200% bond yield, a 60% default wouldnt help anything. Burlisconi already said the 109 Billion would absolutely never pass greek parliament, and now its gonna be changed at the last second to 260. ZERO chance of being passed. In june it passed by like 1 or 2 votes, and it was only a $40 Billion package. now its 260, and the whole world is rioting.
anyway, carry on. you've been warned.
and you can expect bank of america will probably not exist on Jan 1, 2012
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10-23-2011, 07:39 AM #1
the economy will collapse within 10 days at 99% confidence
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10-23-2011, 07:41 AM #2
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10-23-2011, 07:43 AM #3
Good.
Let the fcuking Banksters and the governments that bailed them out go belly up.
The people need to CLEAN HOUSE !
These governments are sponsored and in bed with these MEGA-Banks which have no positive effect on the economy.
Burlisconi is the Italian PM. (A *******)
Last edited by nick187; 10-23-2011 at 07:58 AM.
"Hell is the Impossibility of Reason"
"Cowards die many times before their deaths, The valiant never taste of death but once."
"All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident."
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10-23-2011, 07:45 AM #4
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10-23-2011, 07:46 AM #5
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10-23-2011, 07:46 AM #6
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10-23-2011, 07:46 AM #7
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10-23-2011, 07:47 AM #8
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10-23-2011, 07:48 AM #9
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10-23-2011, 07:48 AM #10
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10-23-2011, 07:48 AM #11
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10-23-2011, 07:49 AM #12
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10-23-2011, 07:50 AM #13
What he's saying is true, except it won't be a week or so, but a couple of years.
"The government should create, issue, and circulate all the currency. Creating and issuing money is the supreme prerogative of the government and its greatest creative opportunity. Adopting these principles will save the taxpayers immense sums of interest and money will cease to be the master and become the servant of humanity"......Abraham Lincoln
And it seems people don't understand the power and influence of the 'foreign banks' on the global economy. Enter GMA.
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10-23-2011, 07:50 AM #14
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10-23-2011, 07:51 AM #15
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10-23-2011, 07:52 AM #16
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10-23-2011, 07:52 AM #17
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10-23-2011, 07:52 AM #18
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10-23-2011, 07:52 AM #19
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10-23-2011, 07:54 AM #20
- Join Date: Mar 2007
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I hope your prediction is accurate about bank of america. That is who my mortgage is through!
"I don't say goodbye until the pain says hello. That's how you know the set is done." -Greg Plitt
Disregard Everything, Acquire Aesthetics Crew
Drown, Crash and Blister: A Strength Based Routine for the Endurance Athlete ( http://forum.bodybuilding.com/showthread.php?t=158832383&p=1176283603&viewfull=1#post1176283603 )
PM me if you need a Carfax
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10-23-2011, 07:56 AM #21
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10-23-2011, 07:56 AM #22
Greece has massive public debt. They are curerntly paying anywhre from 40-200% per year to finance it. The whole economy is strike there is unbelievable economic contraction there and the vote to bail them out for (the fifth?) time is never ever ever going to pass. Popendeu (I accidently said burlisconi earlier) said the 109 BIlliob plan will NEVER pass parliament. it got switched last night to $260 Billion. So even less chance of it passing.
The rest of the EU votes wednesday to give them money, but greexe votes over the weekend whether to accept the money. They say they wont accept it without being allowed to take a 60% Default. EU said u cant default past 20%. whether 20%, or 60%, bond yields will fucing soar across the world, especially in the eurzone, and especially italy. this is all aside from the fact that the vote will never pass and they will get their 60% default either way, which is scheduled for like November 3 or something.
As a wild card, US GDP comes out 8:30Am on Thuirsday. The CPI is 3.9%, lmao. they will deflate the stagnant economy by 4% and get negative growth rate.
Boom. Game over.
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10-23-2011, 07:57 AM #23
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10-23-2011, 08:04 AM #24
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10-23-2011, 08:04 AM #25
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10-23-2011, 08:05 AM #26
OP (and those strongly agreeing),
Do you have any money at all to invest in the stock market? If so, can you please put your money where your mouth is or else shut up with your hysteria? Please buy the 2x short S&P index. It's too easy to say you would buy on a huge dip (which HAS to happen if the economy collapses) instead or taking a real stand... Otherwise, if nothing happens then you just conveniently slip away until you feel like spewing more rhetoric.Last edited by saiyar1; 10-23-2011 at 08:11 AM.
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10-23-2011, 08:06 AM #27
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10-23-2011, 08:07 AM #28
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10-23-2011, 08:07 AM #29
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10-23-2011, 08:07 AM #30
I have 400 shares of SPXU
and can you (and those who disagree) please use logic instead of just saying "LOL"
imagine if someone submitted a paper for review by the nobel committee and they just wrote "LOL" on the paper and send it back.
dont think they would do that. theres a thing in human debate called LOGIC.
use it
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