Global Economic Crash 'Can't Be Stopped'... Obama Warns World Leaders

Submitted by SadInAmerica on Sun, 04/18/2010 - 1:18am.


Initial reports prepared for Prime Minister Putin on US President Barack Obama's extraordinary meeting with World leaders on the Global economic situation states that the Americans are now warning that a complete crash of the Global banking system is "all but inevitable" and "can't be stopped". (The HAND has spoken... ~ S.I.A.)


According to these grim reports, Obama had called this meeting of World leaders under the guise of promoting his Global nuclear agenda but was, instead, intent on warning everyone present that after his Nation had "nothing left to give" after their unprecedented (and kept secret from the American people) nearly $422 bailout of the European Union last week.

Obama had hoped to convince the Communist Chinese leader Hu Jintao (seen accepting Obama's bow) to allow China's yuan to float freely on the World's money exchanges thus easing the growing pressure on the US Dollar, but was firmly rebuffed with Hu stating that China would not allow "foreign pressure" to influence their decisions.

Obama's previous pleas to the Japanese (Obama bowing before Japan's Emperor) for help to sustain the current Global banking system were, likewise, met with disdain after new reports showed that Japan, the World's second largest economy, is itself nearing bankruptcy as its ¥950 Trillion public debt has grown to a catastrophic level equally over 200% of their Gross Domestic Product (GDP).   

Though not able to attend this summit, Obama dispatched former US President William Clinton this past week to plead with Saudi Arabia's King Abdullah (accepting a bow from Obama) for "urgent monetary relief", but as Communist Chinese leader Hu had done to him he was quickly rebuffed by them too.

Most concerning the Americans, these reports continue, is the "imminent collapse" of their Nation's primary guarantor of home mortgages to their citizens, Fannie Mae and Freddie Mac, whose combined losses to date are nearing the staggering total of $8 Trillion, a debt so large one report warns "they can't be calculated" and warns the situation is "the worst of all world's".

So alarmed over the dire straights the Global economy now finds itself in, thanks to the United States, the Bank of International Settlements (The Central Bank to all of the World's Central Banks) is now warning that "all roads" are leading to a catastrophic round of growth strangling inflation, and none to be hit worse than the Americans, and as we can read:

"Long-time analyst Richard Russell, publisher of the Dow Theory Letters since 1958, wrote the following words about a year ago:

The US national debt is now over $11 trillion dollars. The interest on our national debt is now $340 billion. This is about a 3.04% rate of interest. In ten years the Obama administration admits that they will add $9 trillion to the national debt. That would take it to $20 trillion. Let's say that by some miracle the interest on the national debt in 10 years will still be 3.04%. That would mean that the interest on the national debt would be $618 billion a year or over one billion a day. No nation can hold up in the face of those kinds of expenses. Either the dollar would collapse or interest rates would go through the roof.

If the BIS projections are correct and debt skyrockets, a 3% interest rate would be absurdly low. To put Russell's admittedly optimistic projection of $618 billion interest bill into perspective, that's roughly the same order of magnitude as the 2010 total reported military budget of $664 billion.

In fact, Paul Krugman characterized the US government as an insurance company (i.e. entitlement programs) with an army."

Even worse for the Americans are new reports showing that fully 33 of their 50 States are reporting that their funds for providing unemployment relief for their jobless citizens have dried up putting an even greater strain on their Federal Government which itself is nearing bankruptcy.

Most unfortunately for the American people is that the dire state of their collapsing economy is being kept from them by their elitist politicians and propaganda media organs, and where this past week one of their largest television networks, NBC, admitted they had begun using sophisticated mind control techniques on their unsuspecting viewers to "manage and control" their behavior. 

Even though these "kept dumb" Americans aren't preparing for this economic holocaust, the same cannot be said for the rest of the World, including the International Monetary Fund (IMF) who announced this week their preparations for a "Global Cataclysm" by increasing their lending by an unprecedented half-a Trillion Dollars.

More ominously to note about the United States is that while Obama's policies are continuing those of former President Bush's and allowing their richest citizens to continue to pour money into their accounts, while those average Americans still working have seen their personal income fall by 3.2% under him, at the same time their corporate masters are reported to be making them work more hours for less pay, and causing one of their States, Oklahoma, to begin forming their own militia military force to protect them against their Federal government.  

And as horrifying as it may sound, it is nonetheless true that aside from the US government destroying the economic future of their citizens, new reports are showing that they are also allowing millions of them face catastrophic deaths so their genetically modified food giants can continue to reap untold billions in "blood profits", and as we can read as reported by Britain's Daily Mail News Service:

"Fresh fears were raised over GM crops yesterday after a study showed they can cause liver and kidney damage. According to the research, animals fed on three strains of genetically modified maize created by the U.S. biotech firm Monsanto suffered signs of organ damage after just three months.

The findings only came to light after Monsanto was forced to publish its raw data on safety tests by anti-GM campaigners. They add to the evidence that GM crops may damage health as well as be harmful to the environment."

But, and sadly, the damage being done to both our World's economy and environment by these elitist monsters may be so far advanced that little hope remains for our human races survival, that is according to Professor James Lovelock, the scientist who developed Gaia theory, who is now warning that "we can't save the planet" as our weather, ecological and geological systems are all spinning out of control wrecking a path of catastrophic devastation across the entire Earth with unprecedented numbers of monster storms, historic droughts, earthquakes and volcanoes now seeming to occur on a weekly basis.  

So as these most troubled of times for our human race show no sign of stopping or slowing down, perhaps Sister Neala's warning in her report "Are You Prepared To Be Shocked?" should, indeed, be heeded by us all…

"Whatever you do…do something to protect yourself and start preparing for the hard days ahead and above all else, quit living in a make believe world where everything is going to work out fine, it isn't and before this is all done you'll either praise yourself for preparing, or like those who watched Noah's Ark floating away curse your stupidity."

April 14, 2010 source WhatDoesItMean

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Submitted by SadInAmerica on Sun, 04/18/2010 - 1:18am.