There could be an economic collapse coming
Everybody hates the dollar: James Saft U.S. Reuters
And while the Federal Reserve seemed to signal that this week’s cut in rates might be the last for a while, if anything U.S. interest rates may decline faster and farther than those of most other major currencies, undermining support for the greenback even more. This may be especially true if you believe, as do a vocal minority of analysts, that the U.S. will slide into recession, forcing the Fed to cut rates aggressively.”
There could be a recession along with a much weaker dollar that will fuel inflation at home. Its the perfect trifecta for a worldwide depression and economic collapse a year or so down the line. We seem to have been in the roaring twenty’s but now it is looking like 1929. The last great depression took 15 years and a world war to get out of. This one could bring us into the time of end time biblical prophecies.
No tag for this post.Date posted: Monday, November 5th, 2007 10:35 pm | Under category: Financial collapse
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