Tuesday, July 15, 2008

Stock Collapse Alert!


The reasons I am posting this are several.
First, I have earned the right to post it and have the clout to post it. In other words, I've paid my dues in the Doomer Economic arena.
Second, I have just watched the stock market today, the American Stock market and am wondering how much more it can take.
Several things happened today. They include the final phased collapse of General Motors, which I wrote about several years ago by the way.
They include the mass sell off in Canada. They include the takeover of the home real estate market by the government seizing Fannie and Freddie.
They also include the expansion of the FED beast; the nature and scope of those expanded powers and the nature and scope of the 5 TRILLION dollar black hole.
They also include the delusional nature of ANYONE thinking the American taxpayer can deal with this.
And the final reason is simply this: THE POWERS THAT BE FAILED TODAY!!!
They tried and the failed.
That, for me, is the single biggest DOT. TPTP had the two Bobsie twins, Braying Bernie and President Pretzel, hold an organized reassurance press conference.
IT failed. TPTB then massively intervened in the stock market, you can see where they did it, right after the market went down 200 points at the bell.
And you can see where TPTB FAILED MISERABLY, UTTERLY AND COMPLETELY by session end. If you look at the chart, you will see the DOW would have continued into a massive, several hundred point drop. The only reason it did not do so, and the only reason for it not to do that, is the session closed.
The DOW was headed off the cliff edge at 3:50pm and it was saved by the bell at 4. Nothing else saved it. The collapse simply ran out of time. I believe we are at the tipping point.
I believe the combination of bank runs in California, the collapse of Fannie and Freddie, the collapse of General Motors, the Canadian stock market, and EVERYTHING ELSE that I have been writing about for 10 years, has been happening in a rapid fire manner the last 10 days is IT. I do not see how they can put the toothpaste back in the tube.There is a thing called SYNERGY.
It is when 2 and 2 equals, not 4, but 12. We are now in the synergystic phase of the collapse. TPTB could deal with any one, or two, of the things I listed above.
They cannot deal with TRILLIONS of equity losses, bank runs, real estate collapse and the most important: THE FINAL FAILURE OF THE FULL FAITH AND CREDIT SCAM. The psychology is being overwhelmed. And I think it was the bank runs that did it. It's the bank runs, stupid! We have crossed the economic Rubicon. We will not return.
We shall see this rigged and manipulated con game called the US stock market come crashing down.
And sooner, rather than later, we will see the entire global system come down with it.
After that, we will see the NWO take the glove off and reveal the iron fist of fascism.
You have been warned by many others besides me. I am somewhat preaching to the choir here at TOL, but so be it. I am confirming Dr. Fungcools warning. Steve Quayle, John Galt and a horde of others have been saying the same thing.
And The Flying Dutchman has been warning about the inevitable MidEast War.
All in all, Do not pass Go; Do not collect $200 and GO TO JAIL. Now that I am seeing that which I have written about since 1998 happen before my very eyes on a daily basis now, I am strangely detatched. Almost clinical. I do not know if I should be upset at what comes, or I should be more upset that I am not upset at what is coming. It is merely the grenade explosion after having pulled the pin.
We have been living in the lag time, between the economic grenade pin being pulled and the actual explosion. Trapped in Space as it were. Well, that is all ending now. The orgy of economic stupidity, criminal fraud and corruption, the greed, arrogance and insolence of the NWO is all coming to a head now.
The economic zit has been popped and the pus is flying everywhere now. It ain't a pretty sight. I really believe the Biblical 50 year cycle of economic growth is what would have kept the economic pores clean.
As it is, our economic system is overwhelmed by the multigenerational hoarding of money and goods by the elite. Well, the elite will get it in the end. The year of Jubilee will be like the Yellowstone forest fire: intense, searing and will sterilize the soil. It is not coming; it is here.
Doug McIntosh

6 comments:

Anonymous said...

You are an alarmist. It's one thing after another. The stock market will not crash tomorrow, or next week or next year. This is a correction!!! Why can't people get that thru their heads?

Marcel said...

You are an alarmist. It's one thing after another. The stock market will not crash tomorrow, or next week or next year. This is a correction!!! Why can't people get that thru their heads?

I'm so happy to know that you are too smart for any alarms.
My questions is ;what is such a smart person like you doing here ?

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The Great Depression was a dramatic, worldwide economic downturn beginning in some countries as early as 1928.[1] The beginning of the Great Depression in the United States is associated with the stock market crash on October 29, 1929, known as Black Tuesday, and the end is associated with the onset of the war economy of World War II, beginning around 1939
http://en.wikipedia.org/wiki/Great_Depression
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Three Rottweilers are now at America's throat: very expensive energy, badly shrinking credit and a collapsing real estate market. Uncle Sam is bleeding because his dependence on energy is greater than that of other countries. His addiction to credit is more serious than that of other countries, and he is very exposed to the bursting real estate bubble. Cheap energy, cheap money and accelerated construction rescued America from the collapse of the Twin Towers and the high-tech crisis at the beginning of the decade. They enabled America to celebrate as though there were no tomorrow and no bill to pay.

But tomorrow is here. The bill is steep.

The bottom line is cruel and profound: The American century is over. The 40 years (1945-1985) when America was the exclusive leader of the free world are over. The 20 years (1986-2006) when American was in effect the sole superpower are over. The era of imperial America, which dictated the world agenda, is over.

http://www.haaretz.com/hasen/spages/1001061.html

Anonymous said...

I just spoke to someone today about the economy and the fires in Calipornia and what I got is:

"People have been talking about the end of the world for thousands of years....etc..."

With a scoffing attitude..

Oh well....

People I know aren't going to be able to say on judgment day, "Why didn't you tell me?!! Why?!!"

Proverbs 19:29 Judgments are prepared for scoffers, And beatings for the backs of fools.

Proverbs 29:8 Scoffers set a city aflame, But wise men turn away wrath.

2 Peter 3:3-7 3 knowing this first: that scoffers will come in the last days, walking according to their own lusts, 4 and saying, "Where is the promise of His coming? For since the fathers fell asleep, all things continue as they were from the beginning of creation." 5 For this they willfully forget: that by the word of God the heavens were of old, and the earth standing out of water and in the water, 6 by which the world that then existed perished, being flooded with water. 7 But the heavens and the earth which are now preserved by the same word, are reserved for fire until the day of judgment and perdition of ungodly men.

Marcel said...

The scoffing frog started out in tepid water pot but it is boiling now and the frog does not realized he is cooked.
Denial is a strong drug,blinding the doomed up to the end.
How many millions died in Europe after they refused to heed the warning's which many saw with the rise of Hitler.
Only a few could see what was evident while the rest scoffed and went on to their end.

Anonymous said...

I think it would be best to withdraw before this happens:

http://www.dailynews.com/breakingnews/ci_9887404

Marcel said...

so far ,thank God ,the collapse is happening in slow motion.
Enough time for anyone not in a coma to make final preperations.
Eventually the shaking and collapse will speed up and there won't be any more time to prepare.