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reinaul · **Posted:** Wed Mar 10, 2010 9:55 pm

I found this on ATS so dont take it as it is..

posted by aristocrat2

Quote:

24th March 2010 - Start of a massive worldwide Stock and Bond market crash worldwide.
After this, everyone will KNOW that they recovery is over. And with the markets in shreds, raising new sovereign debt to service the old will become impossible. And the US as well as the UK, Greece etc will be unable to service their debts any more.

EXPLANATION

Why is everyone so narrow-minded as to think that the trigger for the collapse of the US and world economy will come from within the USA? On the principle of "the market always discounts", an accident comes from where you DO NOT EXPECT IT.

In 1987, the first stock market to crash was the London, falling 12% in one morning.

Consider:-

- In 15 months or so, Gordo Brown has more than doubled the UK national debt.
- Inflation has taken off
- Recovery growth figures are really weak and wishy-washy
- The Trade gap has widened into a crevasse as Brown's stimulus benefits only the Chinese economy at the UK taxpayers cost - reported two days ago.
- Retail sales have suffered one of their worst ever slumps in the first couple of months - reported a couple of days ago.
- Brown is absolutely refusing to perform ANY spending cuts
- The Fitch Credit Rating Agency has warned that the UK is about to be downgraded from AAA to AA
- There has been a persistent run on sterling in the last few days and UK bonds have been falling sharply

To secure re-election, Gordo Brown is almost certain to have a "giveaway budget.. This will clearly be the last straw and trigger a panic as a debt downgrade will be feared..

This economically lethal cocktail will be presented on the afternoon of 24th March 2010, the equivalent to about 10am to Noon.

he made reference to these links

In 15 months or so, Gordo Brown has more than doubled the UK national debt.
REFERENCE EXAMPLE: http://www.statistics.gov.uk/cci/nugget.asp?id=206
- Inflation has taken off
REFERENCE EXAMPLE:
http://www.independent.co.uk/news/busin ... 72387.html
- Recovery growth figures are really weak and wishy-washy
REFERENCE EXAMPLE: http://www.independent.co.uk/news/busin ... 72387.html
- The Trade gap has widened into a crevasse as Brown's stimulus benefits only the Chinese economy at the UK taxpayers cost - reported two days ago.
REFERENCE EXAMPLE: http://news.bbc.co.uk/2/hi/business/8557200.stm
- Retail sales have suffered one of their worst ever slumps in the first couple of months - reported a couple of days ago.
REFERENCE EXAMPLE: http://news.bbc.co.uk/2/hi/business/8000491.stm
- Brown is absolutely refusing to perform ANY spending cuts
REFERENCE EXAMPLE: http://www.guardian.co.uk/politics/2009 ... ordonbrown
- The Fitch Credit Rating Agency has warned that the UK is about to be downgraded from AAA to AA
REFERENCE EXAMPLE: http://www.cnbc.com/id/35774681
- There has been a persistent run on sterling in the last few days and UK bonds have been falling sharply
REFERENCE EXAMPLE:http://blogs.telegraph.co.uk/finance/jeremywarner/100004231/just-how-low-does-sterling-have-to-go-to-boost-exports/

savwafair2012 · **Posted:** Wed Mar 10, 2010 10:56 pm

november-14-2010-is-almost-as-important-as-december-21-2012-t17804.html

:flop:

ridee · **Joined:** Thu Nov 26, 2009 2:00 am **Posts:** 1236

nothing to worry about , here in europe they already building up the E.M.F -- > I.M.F style

flecktarn · **Joined:** Thu Apr 23, 2009 10:34 pm **Posts:** 4683

A D O D F C = another date of doom for calender i wish this would stop all these dates of impending doom left me no space to write dowm my doctors appointment ,,,we can all prepair for the worst but wen it comes we still wont be ready ,,ill go out for a curry on the 24th then if it happens at least i had a good day

dodgeman · **Joined:** Mon Sep 29, 2008 2:13 am **Posts:** 63

flecktarn wrote:

A D O D F C = another date of doom for calender i wish this would stop all these dates of impending doom left me no space to write dowm my doctors appointment ,,,we can all prepair for the worst but wen it comes we still wont be ready ,,ill go out for a curry on the 24th then if it happens at least i had a good day

i have to agree there this is just too much :ohno:

lisakitty · **Joined:** Thu May 07, 2009 11:38 pm **Posts:** 504

Maybe all of this doomsday stuff was started because of articles like this one.

http://www.telegraph.co.uk/finance/financetopics/budget/7416604/City-warns-of-legislation-rush-as-date-set-for-Phoney-Budget.html

e6722maj · **Joined:** Thu Aug 21, 2008 5:39 am **Posts:** 5351

specific dates notwithstanding, there is no recovery this time :alien:

illuminated · **Joined:** Mon Dec 14, 2009 1:32 pm **Posts:** 3692

something to consider with all this Fear..

I watch a vid of sem D senator or congress woman Going off about how worthless houses were in Ohio - $4500.00.. saying some investor came in and snatched up 100+ homes.

Now i remember from my readings on the depression that - false panic was created, causing failures of banks etc and then the wealthy were able to come in & snatch up stuff at pennies on the dollar... :rtft:

so if we all don't die that $4500 house will be worth way more. :think:

lighthouse · **Posted:** Thu Mar 11, 2010 9:08 am

As you Reinaul, I have been following the financial situation for years now, and it is obvious that something will give, big time

The timing of this is of course completely unpredictable, the mean reason for this are the widespread market manipulations, normal economic laws do not function in this environment.

Alluding to any collapse is often seen as a 'doomsday' message, to that I would say two things;

firstly don't shoot the messenger and
secondly, you can't make an omelet without breaking some eggs.

By this I mean that the financial system as we have it now is completely corrupt and only serves a few at the top, we have to get rid of this to start over.

So for me a collapse of the current financial system is a necessary step in the right direction.

mep630 · **Joined:** Sat Feb 21, 2009 5:17 pm **Posts:** 3725

Reinaul wrote:

I found this on ATS so dont take it as it is..

posted by aristocrat2

Quote:

24th March 2010 - Start of a massive worldwide Stock and Bond market crash worldwide.
After this, everyone will KNOW that they recovery is over. And with the markets in shreds, raising new sovereign debt to service the old will become impossible. And the US as well as the UK, Greece etc will be unable to service their debts any more.

EXPLANATION

Why is everyone so narrow-minded as to think that the trigger for the collapse of the US and world economy will come from within the USA? On the principle of "the market always discounts", an accident comes from where you DO NOT EXPECT IT.

In 1987, the first stock market to crash was the London, falling 12% in one morning.

Consider:-

- In 15 months or so, Gordo Brown has more than doubled the UK national debt.
- Inflation has taken off
- Recovery growth figures are really weak and wishy-washy
- The Trade gap has widened into a crevasse as Brown's stimulus benefits only the Chinese economy at the UK taxpayers cost - reported two days ago.
- Retail sales have suffered one of their worst ever slumps in the first couple of months - reported a couple of days ago.
- Brown is absolutely refusing to perform ANY spending cuts
- The Fitch Credit Rating Agency has warned that the UK is about to be downgraded from AAA to AA
- There has been a persistent run on sterling in the last few days and UK bonds have been falling sharply

To secure re-election, Gordo Brown is almost certain to have a "giveaway budget.. This will clearly be the last straw and trigger a panic as a debt downgrade will be feared..

This economically lethal cocktail will be presented on the afternoon of 24th March 2010, the equivalent to about 10am to Noon.

he made reference to these links

In 15 months or so, Gordo Brown has more than doubled the UK national debt.
REFERENCE EXAMPLE: http://www.statistics.gov.uk/cci/nugget.asp?id=206
- Inflation has taken off
REFERENCE EXAMPLE:
http://www.independent.co.uk/news/busin ... 72387.html
- Recovery growth figures are really weak and wishy-washy
REFERENCE EXAMPLE: http://www.independent.co.uk/news/busin ... 72387.html
- The Trade gap has widened into a crevasse as Brown's stimulus benefits only the Chinese economy at the UK taxpayers cost - reported two days ago.
REFERENCE EXAMPLE: http://news.bbc.co.uk/2/hi/business/8557200.stm
- Retail sales have suffered one of their worst ever slumps in the first couple of months - reported a couple of days ago.
REFERENCE EXAMPLE: http://news.bbc.co.uk/2/hi/business/8000491.stm
- Brown is absolutely refusing to perform ANY spending cuts
REFERENCE EXAMPLE: http://www.guardian.co.uk/politics/2009 ... ordonbrown
- The Fitch Credit Rating Agency has warned that the UK is about to be downgraded from AAA to AA
REFERENCE EXAMPLE: http://www.cnbc.com/id/35774681
- There has been a persistent run on sterling in the last few days and UK bonds have been falling sharply
REFERENCE EXAMPLE:http://blogs.telegraph.co.uk/finance/jeremywarner/100004231/just-how-low-does-sterling-have-to-go-to-boost-exports/

What is with your screen name? How come you have a capitol letter and no one else does?!

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Confirmed this morning: 24th MARCH 2010 IS DOOMSDAY