Old Project Avalon Forum (ARCHIVE) - View Single Post - Planetary financial crisis next week around Oct 7?

Carol · 10-07-2008, 06:37 PM

This is from CoasttoCoast last night.

Economic Meltdown
In the first hour, financial advisors Don McAlvany, and Catherine Austin Fitts commented on the economic meltdown. McAlvany, who appeared first, said the problem is much bigger than anyone realizes, with the falling apart of an $800 trillion derivatives pyramid. Fitts noted that some financiers are currently making money by "cannibalizing" the downside of the market.

Don is talking about an inflationary depression where the dollar will collapse. Wall Street made 100 of billions of profit with no regulation. The bail out won't even touch what is owed. As a result there is a global financial meltdown.

Link to his site is: http://www.mcalvany.com/

Link to Fitts site: http://solari.com/

Federal registry yesterday folks: http://edocket.access.gpo.gov/2008/E8-23547.htm (see www.urbansurvival.com for more)

10-07-2008, 06:37 PM	#38
Carol Project Avalon Hero Join Date: Sep 2008 Location: Big Island, Hawaii Posts: 2,008	Re: Planetary financial crisis next week around Oct 7? This is from CoasttoCoast last night. Economic Meltdown In the first hour, financial advisors Don McAlvany, and Catherine Austin Fitts commented on the economic meltdown. McAlvany, who appeared first, said the problem is much bigger than anyone realizes, with the falling apart of an $800 trillion derivatives pyramid. Fitts noted that some financiers are currently making money by "cannibalizing" the downside of the market. Don is talking about an inflationary depression where the dollar will collapse. Wall Street made 100 of billions of profit with no regulation. The bail out won't even touch what is owed. As a result there is a global financial meltdown. Link to his site is: http://www.mcalvany.com/ Link to Fitts site: http://solari.com/ Federal registry yesterday folks: http://edocket.access.gpo.gov/2008/E8-23547.htm (see www.urbansurvival.com for more) __________________ Aloha, thank you, do jeh, toda, arigato, merci, grazie, salamat po, gracias, tack, sukria, danke schoen, kiitos, dank u, mahalo nui loa Images to nourish the spirit: http://mistsofavalon.invisionplus.ne...&showtopic=198 Last edited by Carol; 10-07-2008 at 06:47 PM.