Quote:
Originally Posted by SpaceMonkey
the US's stock markets are the lowest for five years, The Dow jones finished today down 500 points. I wonder what tomorrow will bring.
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Well Cliff said to Jeff Rense that the 7th would be the start of something that would travel around the world, which could be anything certainly, but would fit the model of a world wide economic contagion. Check this out about what's going on in Europe and the ominous remarks by a German official:
European stock markets in freefall following Paris financial summit
The seriousness with which the situation is regarded by ruling circles was reflected in comments made by Interior Minister Wolfgang Schäuble (CDU). In the latest edition of Der Spiegel magazine, Schäuble drew direct parallels to the economic crisis of the 1920s and 1930s and warned: “Such an economic crisis can result in an incredible threat to all of society. The consequences of that depression was Adolf Hitler and, indirectly, World War II and Auschwitz.”
http://www.wsws.org/articles/2008/oc...euro-o07.shtml