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TOLD YA! We're in a DEPRESSION
Posted: Aug 24, 2010
This has been obvious for MONTHS, but now finally the "dirty word" has been uttered in mainstream media. (I and a few others have been posting it this board for weeks.) We are in a DEPRESSION, not a RECESSION.
The dead giveaway is the MONEY SUPPLY, and if you follow economics then you know that the M3 data have not been reported by our wonderful "fed" (actually a private corporation) since 2006. M3 is MONEY SUPPLY. Ask yourself WHY they would start withholding this crucial info, and you should get your own answer. Despite that, some economists have calculated M3 on their own using other parameters. (see www.shadowstats.com)
If you know history, then you know that the "fed" contracted the money supply prior to EVERY SINGLE "RECESSION" and "DEPRESSION" (see, the economy is not "cyclic" as they want you to believe; it is all MANIPULATED). This time around, the money supply has been contracted GREATER THAN PRE 1929. (See Bill Still's video, "The Secret of Oz.")
So, my friends, a couple of you have been RIGHT. We ARE in a depression, and this "recession" IS DIFFERENT from others.
After researching the new world order agenda since 2006, I think it will be a while before THEY allow our economy to turn around. THEY have a lot more on their plate that they want to accomplish (e.g., more erosion of civil liberties), and the time to do that is when we are ECONOMICALLY OPPRESSED so can't fight back.
At any rate, check out this piece on CNBC.
;
My DH told me to watch it happen over a year ago - Backwards Typist
[ In Reply To ..]His father was told DH stories about the depression; how it started, what to look for, how to survive, etc., when he was young and warned him then that DH should watch out because there would be another depression....worse than the 1930s, told him the warning signs, etc. He didn't know when it would happen, just said it would happen in DH's lifetime. So, DH has always been on the 'careful' side, and learned all the 'survival techniques' he could from his father to weather the storm. So, I'm not too nervous about it.....yet.
Was there ever any doubt? - atagirl
[ In Reply To ..]n/m
And Biden is claiming the economy is moving in the right direction - anon
[ In Reply To ..]On what planet he is living nobody knows. They just sit and make things up and think people are stupid enough to buy it. If he thinks the economy is going in the right direction guess he thinks a depression is the right directions.
Could be though because the depression and bad economy does not affect them. They are set for life and they don't ever have to worry about being out of work or not having money on the table for food and to pay their bills. So in their own little world the economy is going in the right direction.
Unfortunately for the rest of the country facing reality we just sit and shake our heads a the absolute lies that come out of their mouths.
November is looking better and better. If they want to win maybe they should tell their democrat representatives to shut their mouths. They are not doing anything to benefit their party.
Maybe we can have some more hero's that will stand up and call out "lie" when they are telling the people a lie.
But hey, guess everything is okay as long as Obama is having a good time on his vacation.
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