I Thessalonians 5:20, 21

Do not despise expounding of scripture, but scrutinize all things. Hold fast that which is right.

Malo periculosam libertatem quam quietum servitium

- I prefer liberty with danger to peace with slavery.

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Wednesday, February 04, 2009

Stocks to Fall 90% Before This Depression is Over

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stock_chart_45
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Click on image to enlarge. Graph from StockCharts
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I want to go on record stating that the DJIA will fall to at or below 3000 before this Greater Depression reaches bottom. And likely below 2000. Most people invested in paper assets, such as stocks, will lose most or all of what they invested. Bye bye retirement plans and pensions for the hardworking. The Greater Depression will last upwards of 10 years because of all the wrong things the government is doing - trillion dollar bailouts for the greedy Jewish bankers who caused most if not all the problems, trillion dollar stimulus packages instead of allowing the correction that is needed to compensate for the excessive spending during the years of cheap anyone-who-can-hold-a-pen-can-get credit. Along with this doozy depression, starting in about 9-12 months, the winds of hyperinflation are going to blow through the economy like a hurricane - Hurricane Zim - after Zimbabwe.

As a result of 30% or greater un-employment, bank runs, food scarcity, the collapse of the dollar, there will be massive civil unrest, and hopefully, revolution. Then maybe people will be interested in getting back to the Ten Commandment Model of free market economics - just weights and measures, gold and silver coin as money to restrain government spending and bank lending, no private central bank charging usury and a high personal savings rate. I doubt that will happen but when the Ten Commandment Model was used, the nation was prosperous.

There is a price to be paid for ignoring God's biblical laws of economics. But what will be offered instead, by the same criminals that brought calamity upon the rest of us, will One World Order - a new global financial system run by the Jewish financial "Masters of the Universe" i.e., the Rothschilds, their progeny and the rest of the Jews so-called. The Volkers, the Kissinger, the Zionist boot licking Clintons, the Summers, the Geithers, the usurper Soetoro and all the rest of the government pimps and prostitutes will use the Jewish controlled media to sell the gullible lemmings their lies and profitable propaganda. And the people, who reject God and all that He stands for, will gladly accept the proposed solution for the crust of bread that is offered.

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