They Don't Want Us Talking
Have Speakers Turned On
Allow Large Files Time To Download If Not Using Broadband or DSL
To Best Enjoy Streaming Video and Sound, Configure Windows Program for:
Real Player, Quick Time, and Windows Media Player
Of The Abyss And Going In To It !
Zager & Evans
Economic historian, Dr. Gary North, writing in his
Reality Check online newsletter
February 17, 2009,Believes that the banking system of Europe "Is at the edge of the abyss."
"The Looming Collapse of European Banking" points out that last week, many stories appeared in online newpapers detailing the state of Europe's banks and estimating their losses at 13.7 trillion Euros, or the equivalent of 25 trillion dollars.
Then, this week, North went back to reread the stories and discovered the figures were missing, along with any hints that a collapse might be imminent, and the dire language used in the stories has now been considerably watered down.
According to North, "Ministers and officials have got the picture. They are facing a breakdown of Europe's economy."
North reasons that the original stories must have been true, because: "The response of the British government was swift: to demand a revision of the original article. This tells me the article was true."
He also notes that "Russia is going belly-up. It will have to liquidate most or all of its reserves of Western currencies."
Furthermore, "Central banks will inflate to keep any major bank from collapsing. But the trend is ominous. Russia and Eastern Europe are gonners. European banks that lent to them are, too. So is the purchasing power of the Euro -- and maybe even the actual Euro."
North's conclusion is even more ominous, and we would do well to heed his words:
"The west's economy really is at the edge of a leveraged disaster. The politicians know only one answer: deficit spending. The central bankers have only one signicant tool: monetary inflation. The speed of events is increasing.
"The markets don't reflect this yet. This gives time to a few people to get out. But the vast majority cannot get out. There are too few escape hatches open."
In The MeantimeRun For Your Life
From now on, Folks, it's gonna get pretty rough! In fact, downright cussed.
Mr. Ugly Will Show Before Long.
But For Now...Keep RunningKeep Your Purse and Scrip With You—Luke 22:36And NowGet Two Guns—Luke 22:36–38
Times in America will change rather abruptly.
Your WebMasters suggest you check your
Medicine Supply/List.We Feel This Is Going To Be A Long, Hard Siege
Get Prepared...Time Is Short Now...
Other WebPages of Interest: Purifying Water ¦ When The Hell Breaks ¦ Gun PageGalactic Plane
The Impact and Its Consequences
The Rocks Are Coming
A City Being Stoned
You should Now be downsized.
You should have a dedicated fax line.
Join a number of fax networks to stay apprised of what is coming and when it comes.
What is going down.
Start by Joining: Resurrection News - Fax Net & EDS Com-Center
Sheila Marie Reynolds/Editor-Publisher
c/o Post Office Box #601
Cornville, Arizona (PZ 86325)
Phone: 928-634-9269 [All calls screened]
Fax/FOD [Fax On Demand]: 928-634-1486If You Join, Help Keep It Alive: Make Regular Donations To This Service
In accordance with Title 17 U.S.C. Section 107, any copyrighted work in this message is distributed under fair use without profit or payment for non-profit research and educational purposes only. [Reference:
Cornell Law School]
In An UpComing Issue:
Something You Need To Know For What's Coming
Register For Free Updates Here