Its the comets man !! Every 333 years it swings by around xmas time - http://beforeitsnews.com/space/2013/08/comet-ison-black-death-333-year-cycle-2464652.html Suns flipping poles at about the same time too - weird shit goin on all over the place... http://www.youtube.com/watch?v=TsWsAM3A7MU
No point worrying/stressing. We never know what will happen in the future or how long they can kick the can down the road. Just keep your eyes and mind open. Have some PMs, cash and pay off a house ASAP and you should be fine (excluding nuclear blast, comet impact, etc)
My grandparents lived through 2 world wars, a massive depression, a 'credit crunch' (the third last massive recession, a world wide epidemic and a few days when nuclear holocaust was very, very real. They ended up happy and relatively fat. Good to keep all that in perspective when the world looks like a half sucked Aspro. If you live your allotted three score and ten you're sure to see both the madness and the brilliance of humanity along the way so in the words of (just lately) Bobby McFerrin: [youtube]http://www.youtube.com/watch?v=W3giK6DbSVA[/youtube]
Yep, and then they gonna need to find a real job in the real economy again. Something they don't like. So actually, they are only trying to "rescue" their lazy ass. The outcome is thus quite predictable: don't expect them to do so. Gonna need third parties to make them do it. Third parties alike speculators. Speculators that do better than just buying products at any price.
If the debt ceiling is not raised, that does not mean that the USA will necessarily "default". "Default" = not paying interest to creditors (Treasury bill owners). If the debt ceiling is not raised, the USA will not be able to finance (ie. use credit to pay for) things. They will be limited to using cash revenues. The USA currently brings in enough cash revenue monthly to pay all interest, cover mandatory spending (ie. spending on mandatory budget items - mostly SS and other entitlements) and still have some left over for discretionary budget items (though not as much as anyone would like). Essentially, Obama's administration would get stuck with the unenviable task of deciding what parts of government to shutdown for lack of funding. To my best understanding, it's equivalent to cutting $1T out of the $1.51T discretionary budget. There will be a lot of pain in the USA over it, but the USA won't default.
Remember also that Bush et al didn't know that if Lehman went down into Bankruptcy that internationally Lehman would be prevented from trading - and so would be unable to liquidate itself overseas to stay functioning in the US - and hence the so called 'Great Recession'. Obama hasn't shown he's much smarter in the economic area.
well the crisis has been adverted for now. silver down stock market rocketing up silver going no where for years <----- Sideways ------- >
Who says its been averted? Theres still 6 days to go.. I heard the Republicans have eased off a little.
O.k most of you guys were right....They're just playing games with each other and doing all the political posturing....... This isn't going to be fixed overnight obviously!
People forget that on September 10 2001 at about 1030 pm their time (after news cycle) the US government released a statement that they had 'lost' 3 trillion dollars. Or that it couldn't be traced... Thats a fair percentage of what they owe. Unexplained.. Of course the show they put on the next day it was never covered.
Gees whats the number going to be next time around....10Trillion? I suppose we will never really know what goes on for real because it is all controlled and done under the radar...... I don't even know if 'the elite' are even a true thing anymore..... All I know is there is way too much debt worldwide..
One more strike to the Pentagon in the Finance Department and were back to zero, aye? Didnt someone, somewhere say something about history and repitition?
http://www.infowars.com/rumsfeld-says-2-3-trillion-never-lost-just-untracked/ 1 Minute into the second video - from Rumsfeld himself.
