When Will The Economy Collapse? (by StormCloudsGathering)

[christian]

Source: https://youtube.com/watch?v=0tsUZinrCo8

In essence, he says they can always come up with more schemes, and as long as oil is traded in dollar, the collapse will not just happen like that. What he sees as a possible trigger for an economical collapse is a major war in the Middle East, a disruption of the oil supply. Hence, he says we should do everything to prevent war. In order to do that, he says we need a revolution. He did a video about how to start a revolution recently, highly recommended.

[bennycog]

Thank you Christian.
It is certainly a channel to favourite and share with as many people as you can.. presented well and enough information to keep one delving deep into the rabbit hole..

[novus]

Excellent, informative, video which has laid to rest some of the questions I've had about the dollar and world events.

[Soda]

http://www.reuters.com/article/2013/...0EF02720130725

U.S. Fed balance sheet grows 8 straight weeks
NEW YORK, July 25 | Thu Jul 25, 2013 4:29pm EDT

NEW YORK, July 25 (Reuters) - The U.S. Federal Reserve's balance sheet grew for the eighth week in the latest week as the U.S. central bank increased its holdings of Treasuries and mortgage-backed securities, Fed data released on Thursday showed.

The Fed's balance sheet liabilities, which are a broad gauge of its lending to the financial system, stood at $3.532 trillion on July 24, compared with $3.495 trillion on July 17.

The Fed's holdings of Treasuries rose to $1.970 trillion as of Wednesday, from $1.962 trillion the previous week.

The Fed's ownership of mortgage bonds guaranteed by Fannie Mae, Freddie Mac and the Government National Mortgage Association (Ginnie Mae) increased to $1.261 trillion from $1.235 trillion from the previous week.

The Fed's holdings of debt issued by Fannie Mae, Freddie Mac and the Federal Home Loan Bank system totaled $66.52 billion, unchanged from $66.52 billion from the previous week.

The Fed's overnight direct loans to credit-worthy banks via its discount window averaged $10 million a day during the week, compared with $13 million a day the previous week.

[Wind]

Hillary's laugh still gives me the creeps.