Obama fail – economic crash coming.
“ We’re just printing money. The Federal Reserve is now I’m estimating a Trillion and a half dollars [$1,500,000,000,000] in credit to the EU [European Union].
This propping up of Greece is a farce. Greece is going to default, it’s going to further default, Italy and a whole series of other countries in the EU.
The United States housing market is headed for worse than depression levels. Real unemployment, if you measured it accurately would be more like 22 or 25%.
The number of people on dependency of the Federal Government: food stamps, unemployment insurance, you name it is growing everyday.
We’re not going to create any jobs in an economy where government regulations are so tight.
We’re on a straight slide down in to a continuing global depression that will make the 30’s look like a picnic.” – Dr. Jerome Corsi, PhD Harvard
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Daytrader Alessio Rastani had jaws dropping, live on BBC TV, when he boldly stated ” the Euro’s going to crash and it’s going to fall pretty hard because markets right now are ruled by fear. The hedge funds, the smart money, they don’t buy this rescue plan.
They know the market’s finished. The stock markets toast. Our job is to make money from it. Personally, I’ve been dreaming of this only for 3 years. I have a confession. I go to bed every night & I dream of another recession.”
Alessio Rastani went on to say ” It’s an opportunity. When the Euro and the big stock markets crash, if you know what to do – if you have the right plan set up, you can make a lot of money from this. For example, hedging strategies is one.
What i want to say to everyone is GET PREPARED! Learn how to make money from a downward market. Protect your assets. Be prepared and act now. The biggest risk people can take is not acting.
” Governments don’t rule the world – Goldman Sachs rules the world!” – daytrader Alessio Rastani
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A year ago Wall Street was celebrating the fifth anniversary of a bull market that had created $10 trillion in shareholder wealth since 2002. The Dow Jones IA and S&P 500 hit all time highs on Oct 9 , 2007.
One Year Later , this current bear market is one of the worst in modern American history and has wiped out more than $7 trillion in shareholder value , with no end in sight.
The Housing & Lending Crisis has Toppled Giant Banks and Financial Institutions , drying up the availability of loans and credit. Without that money flowing into the economy , a rally in stocks is unlikely. Your Wealth is Under Attack from the Federal Reserve.
The only time the general public gets cheap stocks is when the world looks awful – the falling price of stocks has raised potential long term buying opportunities.
With a worsening economic situation in Europe , investors have been selling off pounds and euros and buying up US Dollars. The euro on Tuesday was trading at a 14 month low of $1.35