US and Global Economic Collapse Warning
http://www.newamerica-now.blogspot.com
http://www.thewatchmen.fm
Duration : 0:8:26
Categories: economic collapse Tags: ammo, Bank, banking, Collapse, Crisis, Dollar, Economic, end, fed, federal, food, Global, guns, hyperinflation, medical, reserve, storage, supplies, US, warning
Greece’s debt CrisisCategories: debt crisis Tags: Bloomberg, cnbc, Crisis, Debt, Economic, Economics, European, Fund, Greece's, Hedge, Union, update
Wilbur Ross Discusses Greek Financial Crisis, IMF Aid: Video
April 8 (Bloomberg) — Billionaire investor Wilbur Ross, chairman and chief executive officer of WL Ross & Co., talks with Bloomberg Television about the Greek financial crisis. (This report is an excerpt from the full interview. Source: Bloomberg)
Duration : 0:0:37
Categories: financial crisis Tags: Aid:, All, Audio, Bloomberg, Bond, budget, credit, Crisis, Crunch, Debt, Discusses, Economic, Emerging, English, euro, Europe, European, financial, government, Greek, IMF, market, Markets, Media, Members, Monetary, Multimedia, news, Ross, Union, video, Visual, Wilbur
Economic Collapse Farmers Harvest Crops to Burn (Christianity Destroyed)
Aaron finds a large tree farm in Oregon with every tree lying on the ground. One man says the market the past few years on Christmas trees was non existent. That called for the need to cut the trees down because they got to large to ship for future celebrations. Is this the end of the Christmas tree in the celebration of Jesus Christs Birthday?
Duration : 0:1:54
Categories: economic collapse Tags: Birthday, Christ, Christianity, Christmas, Collapse, Crops, Economic, Farm, Farmers, Harvest, Jesus, Oregon, tree
Davos Open Forum 2010 – After the Financial Crisis: Consequences and Lessons Learned
http://www.weforum.org 28.01.2010
The financial crisis has caused an economic crisis around the world. Drastic state measures have prevented the collapse of the economic system: governments have established rescue funds for failing banks or nationalized banks for relaunching economic growth. At the same time, central banks have intervened with important injections of liquidity and have lowered interest rates.
What were the causes of the financial crisis?
In the future, how can such crises be prevented?
What effect will state measures have in the long term?
What will a global adjustment of the financial system look like? Who should develop and apply the rules?
This session is co-organized with the Federation of Swiss Protestant Churches (SEK-FEPS).
Ziya Akkurt, Chief Executive Officer and Board Member, Akbank TAS, Turkey
Christine Lagarde, Minister of Economy, Industry and Employment of France; Member of the Foundation Board of the World Economic Forum
Patrick Odier, Chairman, Swiss Bankers Association, Switzerland
Nikolaus Schneider, Vice-Chairperson of the Council, Evangelical Church in Germany, Germany
Juan Somavia, Director-General, International Labour Organization (ILO), Geneva; Global Agenda Council on Employment & Social Protection
Joseph E. Stiglitz, Professor, Columbia University, USA
Moderated by
Stephan Klapproth, Anchor, Ten O’Clock News, Swiss Television SF DRS, Switzerland
Duration : 1:30:46
Categories: financial crisis Tags: 2010, analysis, Annual, Christine Lagarde, commentary, davos, Davos10, Economic, forum, Joseph E. Stiglitz, Juan Somavia, Meeting, news, Nikolaus Schneider, Open, Patrick Odier, Stephan Klapproth, WEF, world
How can I prepare myself for economic collapse?
I see the recession is in full fledge and I think this quarter won’t be much better. Leaving us in uncertainty til the summer. By that time we could be suffering hyperinflation and with a lame duck president that never cared about people to begin with won’t move an inch. I know we may catch a tax break but thats going to add to debt and the government is going to raise taxes. So consider the tax cut canceled out already.
So I ask, as a person with modest savings, do to protect myself in case an economic disaster hits the country?
To prepare for Hyperinflation borrow all you can at fixed interest rates and buy tangible assets (gold not stocks or bonds) that you can sell later at inflated prices. I don’t think this would be a wise coarse of action because I think hyperinflation is unlikely.
For a severe economic melt down the more probable result is deflation. In this case the best action is to have as much cash as possible so you can buy what you need at lower prices later.
For just run of the mill recession planning buy stocks at their recession lows weighted heavily with banks with a safe loan portfolios and consumer cyclicals. With the low interest rate that a recession bring they will increase in value when the economy recovers. With the fall in the markets today I would start buying now and continue to buy on dips over the next several months.
To protect against all possibilities you can do a little of each.
Categories: economic collapse Tags: Collapse, Economic, hyperinflation, prepare, tax cut