Saturday, March 8, 2008

9 Mar Stock Market Crash of 2008 leading to Great Depression

http://www.kereport.com/videos/Kondratieff/Kondratieff2.html

Kondratieff Winter is coming, GREAT Depression

In the first video, it mentioned the PPT and their workings.

Watch out, the Plunge Protectin Team is at works next week. They would SHORT Tonnes of Gold contracts on Tuesday or Wednesday Asia open, and buy billions of Dow and S&P Futures.

Spectre once in a life time, watch it.

The videos were taken sometime in 2007. one of the speaker mentioned that one of the years Dow went from 11750 to 7000, Kondratieff Winter follows.

Now FED has only 2 choices: A Stagflation or a Deflation.
Seems like Ben Bernanke has preferred Stagflation, but he knows Deflation is coming.Hence he has been trying desparately to cut rates to induce a Stagflation, instead of a Deflation.

Ben was asking the Banks to reduce the mortgage principal, literally to cut the loan.
What he is telling is that Banks should cut the loan to the market value than to lose it altogether.

Why is he so confident of saying that ? B'cos we are going into a deflationary cycle, Kondratieff Winter per se.
The last Kondratieff Winter started in 1929. If the cycle started in 2007, we still have 10 years to pass in the Winter.

Soon, it would not be just be the Mortgages, it would be commercial loans, Real Estates, etc. All values would plunge.

The world markets would enter into a Quarter of re-rating their earnings forecast.

The more I write, the more I read, is driving me crazy. We are for sure going into a Winter. I am going to catch the movies "10,000 BC", hopefully, Dow would halt at 10,000, and not 7000 or lesser.

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