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times the value of the entire world's output: it's been called the
"ticking time-bomb." Unsurprisingly, this news comes to us from
Britain; the U.S. media is not going to mention it.
The complex
and opaque derivatives markets -- land of hedge funds and complex
financial instruments -- has been dubbed the world's biggest black
hole.
It is also impossible to establish their worth; the $516 trillion
number is actually only a notional one, and some estimates say there is
a mind-boggling $1 quadrillion (1,000,000,000,000,000) held globally in derivatives
From Dr. Mercola's Newsletter.
https://articles.mercola.com/sites/articles/archive/2008/10/28/why-the-u-s-economy-is-going-to-get-much-worse.aspx
For full article.
excerpt: Many experts that I personally respect, and that have studied this
issue for decades, believe that the U.S. financial crisis is an
intentionally designed scenario of a Problem-Reaction-Solution:
2. Tell the people through an unquestioning mainstream media the version of the problem you want the masses to believe.
3.
Then openly offer, through changes in society, the 'solution' to the
problem you have yourself created. This 'solution' is always the
installation of more centralized control.
Take these simple coordinates and apply them to the events of the last few days and weeks and everything morphs into focus.
The
banking 'crash' has been coldly designed to create the 'problem' that
can lead to the 'solution' -- a massive centralization of power in the
'private' and 'government' banking systems, both of which are owned and
controlled by the same network of families.
The 'World Central
Bank' plays a major role in this area and wants to impose and control
the entire global financial system. As a result of the economic
turmoil, we are now seeing this being proposed to 'solve the problem'
of the banking chaos and to 'make sure it never happens again.'
You can see the very clear direction in this area, as the U.S. government just bought $250 billion in shares of the nine largest banks in the United States.
The Overall Plot
It
is very clear that the intention here is to keep people hopeless and
pessimistic. These individuals realize that choice is a very powerful
element of capitalism, but choice depends on the freedom to choose.
They
understand that when you are shackled with debt you don’t have the
freedom to choose. People in debt become hopeless, and hopeless people
don’t vote. There are two ways people are controlled. First of all
frighten people, and then demoralize them.
Poor, demoralized and frightened people think that the safest thing to do is take orders and hope for the best.
An
educated, healthy and confident nation is harder to govern. There is an
element of many in control in the government that does not want people
to be educated, healthy and confident because they would be out of
control.
Stay Positive
As I said in my commentary on this last month, the REAL danger here, and believe you me it is a danger, is to become
afraid. Once you step into the powerful emotion of fear and you put
your intention on what you don't want the consequence is you activate
powerful natural forces that tend to provide you with whatever thoughts
you are attaching strong emotions to. This is clearly something you
want to avoid doing, so stop being afraid of the economy.
It is important for you and your family to CANCEL any
negative thoughts about this. I simply yell "Cancel!" and imagine a
large red diagonal line going through any image I don't want. The more
you and others do that, the more likely we will all reap the benefits
of this positive focus and intention.
Hang in there and CONTINUE TO FOCUS ON WHAT YOU WANT, and the real key is to attach as much emotion to what you want.
~~~~~~~~~~~~~~~~~~~~~~~~~
If you need more reasons why you should be happy about this just
watch Ron Paul's videos and he will give you all the details as why
this "bad news" is actually really great news in disguise.
Commentary from last month:
https://articles.mercola.com/sites/articles/archive/2008/09/30/who-predicted-u-s-economic-collapse-one-year-ago.aspx
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Comment left by maggie36
https://articles.mercola.com/sites/articles/archive/2008/09/30/who-predicted-u-s-economic-collapse-one-year-ago.aspx
"it was Dr. Pierre Rinfret,
leading Economist in the USA, more than twenty years ago! He had
been a Presidential advisor to JFK, Johnson,( turned down Nixon) Carter
( he listened )and Clinton, who didn't listen when Pierre told him do
NOT under any circumstances deregulate banking.
When he retired , he started a website telling the WORLD just what
was happening in our government and how the American people were being
dumbed down. Bombarded with selective media reporting of half truths on
the futrure of our economy and predicted this would happen.
Meanwhile the media wanted to shut him up and called him Dr. Doom and Gloom..this wasn't going to happen.
He foretold of the demise of the Constitution and the government for
the people will no longer be for the people but for the ELITE FEW!
Pierre stated he gave up his ties in Washington and was no longer a
Republican, just a man who loved America and still had faith in the
American people.
His website is gone and he died in 2006."
https://articles.mercola.com/sites/articles/archive/2008/09/30/who-predicted-u-s-economic-collapse-one-year-ago.aspx
https://articles.mercola.com/sites/articles/archive/2008/10/28/why-the-u-s-economy-is-going-to-get-much-worse.aspx