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Why the U.S. Economy is Going to Get Much Worse




Find out the shocking truth about who really caused the U.S. financial crisis.


Sources:

Dr. Mercola''s Comments Dr. Mercola's Comments:

The derivatives market is worth more than $516 trillion, roughly 10 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 operates outside of the grasp of governments, tax inspectors and regulators, in a parallel, shadow world to the rest of the banking system. They are private contracts between two companies or institutions, which can't be controlled or properly assessed. In themselves derivative contracts are not dangerous, but they can have an enormous domino effect on the rest of the financial world.

Most markets have something backing them up. But derivatives don't have anything, because they are not real money, but paper money. 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.

Anything that carries a price can spawn a derivatives market. They are financial contracts sold to pass on risk to others. At the core of this market is the credit derivative swap, effectively an insurance policy against the default in the interest payment on a corporate bond -- although you don’t even need to own the bond itself. It’s like buying an insurance policy on someone else's house and pocketing the full value if it burns down.

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:

1. Create a problem covertly and blame someone or something else for what you have secretly done.
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.

Great Encouraging Audio For You

For the past year I have participated in a coaching program run by Dan Sullivan. Dan is an amazing mentor for me and has really helped me in many ways.

It really is hard to stay positive in this current economic climate. The quickest antidote to this is a shift in perspective. So last week Dan provided his thoughts on one of the fastest acting medicines to restore and maintain your confidence and all the capabilities that go with it.

Dan suggested to visit the audio page once a day for a five-minute boost, or listen to all five audios at once if you have time.

Either way, he guarantees that these short audios will point out where you can easily find huge value that doesn't fluctuate with the markets.


Related Links:



Comment on This Article Community Comments (156)
 
 
Posted On Oct 14, 2008
This is absolutely correct. There will unfortunately be much more financial devastation ahead. We have been overleveraging our credit markets for years, and now it is time to pay the piper. Everyone needs to be VERY careful in the coming months, put your money in secure cash, and ride out the storm. If you are prudent now, you will be able to buy assets at record lows from the imprudent.

Ron Paul is the ONLY presidential candidate that was sounding this alarm way before the crisis happened. The corrupt media has consistently ignored him.

 
healthiswealth
Apprentice User Apprentice User, Joined On 7/2007
healthiswealth  
Replied

stoic
Apprentice User Apprentice User Joined On 3/2007
stoic  
 
Posted On Oct 14, 2008
and as cash "value" - tax-serf collateral (present & all generations to come - your caste in the hive/mound predetermined) & faith {hallelujah!} based - only 2-3% of what it originally was - continues to erode (pace of erosion has been 20% or more for some time now - & that was before the "bail-out"), at what point does that cash become a substitute for firewood (as in the pic I posted yesterday), toilet paper, & hobo-coat insulation?

of course, the more pieces of the current legal tender you have, the more fewer, lol, pieces of the new legal tender you will be allowed (forced) to trade it in for when the time comes....
 
so what if the season's over, we're swordboat captains!  thats our role! on to the Flemish Cap - perfect storm be damned! well, at least that sounds better than bee & termite drones, lol.....

***BeeGirl, is of course, Queen, & so above offense (still, do not piss off the Queen, lol...)


Islander
Moderator User Moderator User Joined On 3/2007
Islander  
 
Posted On Oct 14, 2008
Stoic, does writing triple-dense prose come naturally, or did you have to take lessons?
Was I supposed to say lol after that?lol!


stoic
Apprentice User Apprentice User Joined On 3/2007
stoic  
 
Posted On Oct 14, 2008
I don't have to work at it especially, Islander...but it may have to do with that dang 2000 limit to some extent....

adding lol's lets me know I'll still be invited to your 'walton's mountain' when the stuff really starts hitting the fan...but you have to promse not to prove your castration credentials to me personally....

lol......


Vin DiCator
Novice User Novice User Joined On 6/2008
Vin DiCator  
 
Posted On Oct 28, 2008

Actually, Chuck Baldwin and the Constitution Party have been espousing warnings like Paul's and even more consistent platforms than Ron's. Ron has now endorsed Chuck and the Constitution Party - worthy of note in this election.

If one loves liberty and hates socialism - the Constitution Party is the only one to support...in Good Conscience.



KelleyEidem
Apprentice User Apprentice User Joined On 11/2007
KelleyEidem  
 
Posted On Oct 28, 2008

The figure of $516 TRILLION mentioned in Mercola's commentary tells us that there's nothing that'll work to correct it if one stays "within the box." We'll have to go outside the box.

A philosopher once wrote about the Great Depression, noting that everyone ran out of money. Meanwhile, we hadn't run out of inches, tape measures, or lumber to build houses. We just didn't have the paper.

So we had everything we needed to build houses. But the houses didn't get built. Our minds and our fear prevented us from doing what we were perfectly capable of doing.

We don't really have $516 TRILLION...it's clouds in the sky and nothing more....yet the economy is still going, even if it is sputtering at the moment. So the $516 T. is imaginary...the holders believe it is there, at least their portion is there (in their minds and they have the certificates to prove it!)

When the $516 T. pops, and it will, we'll still have inches, tape measures, and lumber. So long as we remain optimistic, we'll be okay.

The best to you.

Kelley Eidem

Together we can cure cancer - one person at a time!  



Brazil123
Novice User Novice User Joined On 4/2008
Brazil123  
 
Posted On Oct 29, 2008

Unfortunately, the media also made sure Ron Paul was not heard and therefore he was squeezed out of the race. Ron Paul was the only hope for us.


 
 
 
Posted On Oct 28, 2008

It's time American's "WAKE UP! and learn about the "Illuminati's"...The New Wold Order.  You owe it to yourself and family.  This is bigger than you can imagine!

Would you like to know why America is in such a mess? It takes courage to open your eyes. Please take time to learn about the Illuminati, The New World Order. They are the ones who create the problems, wait for the reaction, and give us the solution...This gives us the illusion we have choices. The truth is, it gives them more control, money, and power. Take time to research...


 
Mary Kay Taylor
Novice User Novice User, Joined On 6/2006
Mary Kay Taylor  
Replied

francnbart
Novice User Novice User Joined On 9/2007
francnbart  
 
Posted On Oct 29, 2008

Would you suggest any particular reading on the subject.?



curious7
Savvy User Savvy User Joined On 3/2007
curious7  
 
Posted On Oct 30, 2008

I am not sure that we can give it a name, but there are those who hate what little freedom we have left, because it prohibits their control.  Business is just as much to blame, because they want to sell us products that injure our health, and no one is supposed to raise their voice against them.  Simply because it may cost them money.  These are the same businesses that make up our economy, and world control is the true goal.

They will only be successful if we the people remain silent.  They will be successful if we forget our history, why there is an America, and what our Constitution stands for.  What our freedoms are and what we have to do if we intend to maintain said freedoms.



Bill McDougald
Novice User Novice User Joined On 1/2007
Bill McDougald  
 
Posted On Oct 30, 2008

You are right on with your comments. They are bringing on Armageddon quickly but they want the US to be in an isolationist policy when it happens so that the US will not interfere with Armegeddon. I am doing my part here in Canada to start a network marketing group that will suck all the people out of the monopolies so that Armegeddon will be delayed and this will restore the power and money to the people. Wish me luck.



charmus
Novice User Novice User Joined On 2/2008
charmus  
 
Posted On Oct 31, 2008

Yes, Mary, you are right, it's the Illuminati. But until there are some major (I'm talking huge major changes in the way this world lives) changes, it may be hard to change the status quo. Changes would have to come from within the people who are awakened enough as well as from aliens outside or in earth orbit. One first major change would have to be the switch from gasoline cars and planes to zero point energy vehicles. The technology already exists, but is being suppressed by the Illuminati. The second major change: Abolish money or revamp the money system. Now look at the original idea of communism as Marx and Engels wrote it out (which not much to do with the communism that was practiced in Eastern Europe last century). We need to redistribute the money equally or get rid of it and setup a barter/reward system based on merit and accomplishment. Then people can do jobs they like to do and not because they have to survive. Do some research on the money system in Star Trek. Star Trek has be designed to prepare earth for the next stage, for the intergalactic life. Why do you think it has been canceled 4 years ago? 3rd...don't ever believe that the economy is bad. The economy is better than it ever has. There is more wealth in the Western World and China than ever before. The only thing is that this wealth is distributed improperly. 4th That banks need a bailout is all a huge lie. Banks don't need a bailout, they have more money than ever. It's all a lie so the big banks and corporations can squeeze out the people even more and induce fear. So thank you Dr. Mercola for encouraging people to not fear the economy.


 
 
 
Posted On Oct 28, 2008

Absolutely Correct Doctor!  Alex Jones (www.infowars.com) has alwas spoken of the Problem Reaction Solution schemes of the globalists, and, as a reader of yours for years, I really respect the fact that not only do you know a tremendous amount about health, but also, you know the truth about the New World Order.  It makes me respect your advice about health even more!  Keep up the great job.

911 WAS AN INSIDE JOB!!!


 
mattthewkeil
Novice User Novice User, Joined On 10/2006
mattthewkeil  
Replied

jbell
Novice User Novice User Joined On 6/2007
jbell  
 
Posted On Oct 29, 2008

I agree completely!  I have a background of many years in physics and engineering.  When I got over the shock of it, and wrenched myself out of denial, I did an in depth analysis of 911.  I spent nearly 2 months doing the physics and the math.  The only conclusion I could draw was that the failure of the buildings had to have been the result of an extremely sosphisticated planned demolition job.  I posted my work on the Internet, (it has since been taken down!), and presented papers at forums.  Next thing I knew, I was on the no-fly list.  If my conclusions were wrong, why would Homeland Security bother to react at all?  Anyway, when Iraq started to write a new constitution after our invasion I wondered why we didn't just give them ours since we no longer seem to use it.

One last comment:  I don't see how peole can expect Dr. Mercola to "keep politics out of this web site..." as some have suggested.  Here's why, our government is in cahoots with big pharma and other huge, money-making "health" corporations, that routinely work to suppress health information and resources that we all deserve access to.  Further, they lie to promote dangerous practices, such as vacinations, chemotherapy even in cases when it is not needed nor effective, etc.  Further, there are even movements afoot to make vacinations mandatory!!  So, since politics impacts our health and our rights to control our own health and make our own health choices, how can we keep politics off this site?



Kreative Keira
Novice User Novice User Joined On 6/2006
Kreative Keira  
 
Posted On Oct 29, 2008

I agree too.  Lots of countries around the world were actually happy that the US finally got a taste of it's own medicine.   The so called 'attack' was something that the US was waiting for so that they could (almost randomly) blame a country (with lots of oil) and have a reason to start a war with them.  They didn't stop it from happening for a reason.  

       This sort of reminds me of PEARL HARBOR.  Same thing!  The US sent a code for the sole purpose of it to be intercepted by the Japanese to decode it, saying that the US navy would be at Pearl Harbor or whatever.  They set themselves up to be bombed!!!  And so the Japanese, trying to stay ahead, bombed the area before being bombed.  Yet again sacrificing the lives of it's own citizens in order to make a reason to enter the war......    



MileHiDi
Novice User Novice User Joined On 10/2008
MileHiDi  
 
Posted On Oct 29, 2008

How anyone of average intelligence can accept the "official explanation" of 9/11

is beyond me. Full of holes before you even interview the architects/engineers/

experts who refute it as impossible. I pray we don't have a false-flag event before the present resident cleans out of Washington.



Bill McDougald
Novice User Novice User Joined On 1/2007
Bill McDougald  
 
Posted On Oct 30, 2008

Yes 911 was an inside job. It was the *** who ordered the strike and it was the FBI and CIA that planted the bombs in the twin towers. It was 10,000 SS after WWII that became the CIA. Such a nice, wholesome group. And beware the KKK as it has never been stronger, how many blacks are killed in the South just because the KKK wants some fun.


 
 
 
Posted On Oct 28, 2008

The real answer is that the United States government should abolish the Federal Reserve and create the Bank of The United States of America - owned, operated and regulated by and for the Citizens of the USA.

How many Americans know that some of the banks in trouble -  such as Chase and City (both Rockefeller owned banks) are members of the Federal Reserve system?

For example, as of October 2006 the member banks in New Hampshire included Community Guaranty Savings Bank; The Lancaster National Bank; The Pemigewasset National Bank of Plymouth; and other banks. In California, member banks (as of September 2006) included Bank of America California, National Association; The Bank of New York Trust Company, National Association; Barclays Global Investors, National Association; and many other banks.

The original proposal, calling for a central bank operated by insiders and private interests, was presented by Nelson Aldrich,(the maternal grandfather of today's Rockefeller brothers) and was known as the Aldrich Bill. This bill was narrowly put down, but was soon reintroduced and passed as the Federal Reserve Act, (officially known as the Owens Glass Act.)

Because of the way in which the Federal Reserve System was designed by its founder, whoever controlled the Federal Reserve Bank of New York, essentially controlled the entire system. For all practical purposes the Federal Reserve Bank of New York IS the Federal Reserve. Currently, more than ninety of the 100 largest banks in the United States are located within this district.

The Fed's principle owners, or stockholders, as they prefer to be called, were the ROTHSCHILD banks of London and Berlin; LAZARD BROTHERS Banks of Paris; ISRAEL MOSES SEIF Banks of Italy, WARBURG Bank of Hamburg and Amsterdam; LEHMAN BROTHERS Bank of New York; and GOLDMAN, Sachs Banks of New York (where Shrub's treasury secretary came from); KUHN, Loeb Bank of New York; CHASE MANHATTAN Bank of New York.


 
Croft Woodruff
Novice User Novice User, Joined On 10/2006
Croft Woodruff  
Replied

energymaster
Novice User Novice User Joined On 6/2006
energymaster  
 
Posted On Oct 28, 2008

I haven't heard anything about Chase being "in trouble". They did however buy WaMu.



organizerkim
Novice User Novice User Joined On 11/2007
organizerkim  
 
Posted On Oct 28, 2008

To Croft Woodruff--You neglected to include JP Morgan.  I see you've read "The Creature From Jeckle Island".  I suggest it to all readers here.  Interesting info contained there-in.



Doni Tamblyn
Novice User Novice User Joined On 12/2007
Doni Tamblyn  
 
Posted On Oct 30, 2008

Croft:

If you're saying that the "Federal" Reserve is a private corporation rather than a federal institution, you're right. The Fed mints money for the government, and then loans that money TO the government at interest. Lending someone their own money -- nice work if you can get it, no?

This fact is easily researched and verified. I would highly recommend that everyone put the book THE WEB OF DEBT (by Ellen Hodgson Brown) at the top of their reading list. It is not alarmist literature, but a scrupulously cited book that renders our monetary system understandable, AND shows how simply these financial "problems" can be solved, i.e., by:

1) Making money creation a non-profit service (as of course it should be)

2) Basing the dollar on units of production rather than precious metal.

KellyEidem is right: Money is just something we agree is valuable, and the value can be based on anything we say. If money is based on units of production, then as we produce more, the money supply grows. Yes, I'm saying that inflation literally disappears! Abraham Lincoln did this when he created Greenbacks, and the Island of Guernsey, off the coast of England, has been doing it for 200 years (although they're now being pressured to get with the EU program).

I'd love to see reading groups across the nation sitting down to discuss this book. For those interested, you can see it here:

www.amazon.com/.../ref=sr_1_1


 
 
 
Posted On Oct 28, 2008

There is a new force working behind the scenes.  Call it the Neo Communist Party.  All politicians are members, either knowingly or without their knowledge.  They are all working to corrupt the constitution so they can become wealthy.  The elections are just a way to distract us form the coup taking place.  Once you look at things from this perspective you will laugh every time you turn on the news.  I call it the Neo Communist Party since it so closeley resembles the former Soviet union.  They use techniques perfected by Chairman Mao, Stalin, Hitler, Chavez, Castro and others.  Every manufactured crisis is an excuse for another power grab.  Any excuse to globalize, consolidate, merge or otherwise decentralize any industry or economy is their way of making it impossible to stop them.  Ask yourself why it is perfectly legal for a politician to profit from his/her knowledge and position of power?  


 
higher health
Novice User Novice User, Joined On 10/2007
higher health  
 
 
 
 
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