Another bad depression????
By Arkie69
@Arkie69 (2156)
United States
June 7, 2010 2:48pm CST
Are we heading into another bad depression?? If the videos I just watched that explain the Federal Reserve are correct that is exactly what we have in store for us. I don't know if MyLot will allow me to post a link or not but if this one gets through be absolutely certain you watch at least some of these videos. The title of them is; "The Money Masters" There is 22 of them that are about 8 minutes long. They explain exactly how the Federal Reserve and other central banks are controlling our economy. They explain how the Central Banking System caused the last big depression in the late 1930's and a lot of other things before and after that. The videos tell how the Federal Reserve is now in total control of this country and our government. Here is the link. http://www.youtube. com/watch? v=lXb-LrVkuwM&feature=related You will learn a lot about the past and the future from these videos.
Art
1 person likes this
2 responses
@wiggles18 (2506)
• Canada
7 Jun 10
As long as there is money, there will be debt.And as long as there is debt, there will be a depression. So, yes, we will be heading into a depression again, could be soon, could be later. Basically every part in the world has a depression when another part is having a good economy. Sometimes these are hidden, because when a lot of people around the world are in a depression, some people at the top, mostly oil tycoons, are profiting. It is an evil scheme it is. But with money, there is always debt, no matter what.
1 person likes this
@Arkie69 (2156)
• United States
7 Jun 10
If you look back through history before every depression that has been a period of boom. The "Roaring 20's" was the boom before the last big depression. We are coming out of a boom right now. Look at the amount of debt and high living that piled up in the past 10 years. A lot of Real Estate more than tripled in price and billions were loaned on the sales in the real estate market. The Federal Reserve caused this boom and all the high prices because they loaned so much money they flooded the economy. Now they have cut the money off to cause a shortage of money and that will put us into a bad depression. The fed does all this all in the name of more profit. All our Government would have to do to stop all this is kill the Federal Reserve and start issuing money themselves. That would stop all these up and down cycles and this has already been proven.
Art
1 person likes this
@dragon54u (31636)
• United States
8 Jun 10
I see you had trouble with a link, too--I just posted a discussion that quoted the word "a$$" (replace the $ with s) in the link and had to make replacements. I doubt anyone will get to read the article that I posted an excerpt from. 
Yes, I do think we are headed for a depression. I think that we've been in the beginning of one for at least a year and did you know that our debt is now equal to at least 90% of our GDP?! That is truly frightening. And it just keeps mounting.
Do all you can to be prepared for very hard times. Save money, have a stash of coins and bills in your home in a safe place, pay down your debts and start storing some canned or dried food, stuff you will actually eat. Put aside samples you get in the mail for when you run out of stuff and stock up on toilet paper, which is something everyone needs and wants but nobody thinks of till it's unavailable--good bartering stuff! Plant a garden, it's not too late for this year, and learn how to dry or can your produce. I think we will be very uncomfortable this time next year.
Yes, I do think we are headed for a depression. I think that we've been in the beginning of one for at least a year and did you know that our debt is now equal to at least 90% of our GDP?! That is truly frightening. And it just keeps mounting.
Do all you can to be prepared for very hard times. Save money, have a stash of coins and bills in your home in a safe place, pay down your debts and start storing some canned or dried food, stuff you will actually eat. Put aside samples you get in the mail for when you run out of stuff and stock up on toilet paper, which is something everyone needs and wants but nobody thinks of till it's unavailable--good bartering stuff! Plant a garden, it's not too late for this year, and learn how to dry or can your produce. I think we will be very uncomfortable this time next year.@Arkie69 (2156)
• United States
8 Jun 10
Yes I made 3 tries to get the link through and never did. I just hope people can get to these videos. They explain why what you say is absolutely correct. The people that don't or can't get ready for this have had it. All this is going to happen to innocent people for the simple reason it is what a few rich people want. If our government doesn't get off their hands and kill the stupid Federal Reserve we are all in for some very hard times that don't have to be.
People don't realize what is going on in this country and this world with the central banking systems being in control of everything. These videos explain how they are able to do this. The public doesn't know about this and when they do they will put an end to it once and for all. I'm going to do my best to inform as many as I can. I advise anyone that watches these videos to do the same.
Art
