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ECONOMIC FORECAST REPORT

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From: JN
To: bellringer@fourwinds10.com
Sent: Monday, July 28, 2008 2:23 PM
Subject: Fw: ECONOMY FORECAST REPORT
 
Dear Patrick,
 
Here is a forcast of our country and planet if we don't get NESARA done now. It was sent to me from a good friend with extensive financial knowledge. Post if you feel inclined. We continue to hold the Light for NESARA here and blessings to you for all you do.
 

I RECEIVED THIS REPORT THIS MORNING FROM A GERMAN ANALYST THAT SPENT 20 + YEARS IN THE U.S.   #24 IS SOUNDING LIKE A BETTER LIFESTYLE ALL THE TIME!!!!   ---JN

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ECONOMY FORECAST REPORT

 

1.       At the beginning of July, the Bank of International Settlements in Switzerland, which is owned by the thirteen [Illuminati] Banking Families under Rothschild, stated that it wanted to audit the US Federal Reserve.  Bush reluctantly had to agree to this, but with the proviso that the audit would not be conducted until he has left office.  However, when the truth inevitably leaks out on 30th September 2008, clearly the Bank of International Settlements will no longer be prepared to accept the US Dollar.

2. With the realization that the Federal Reserve has been pumping two billion US Dollars a day into the economy in a forlorn effort to try to keep the US afloat, the US is now construed as 'the poor kid on the block', the 'bankrupt of the world' and nobody is prepared to lend them anything.  Foreign governments have said 'We will no longer take your bonds'.

3. This situation has resulted in worldwide repercussions:  for example China, which is the biggest US creditor, has told US importers that they may not pay more then 20% of the total cost of their goods in US Dollars.

4. Also since the beginning of July, Germany has announced that it will no longer accept Euros from eight of their fellow EU members, the two countries with which they are most concerned being Italy and Spain.

5. The Real Estate market is expected to go down by an additional 50%  from its value on 16th August.  Because of the collapse of the Real Estate market, which is expected to lead to at least a further two million foreclosures within the next 12 months, US Banks are no longer prepared to trust each other, so inter-bank lending has virtually ceased.

6. This has had a knock-on effect on would-be house purchasers. Like the old days, anyone who now wants to get a mortgage has to put 20% down and to satisfy the lender that their job is secure.

7. You  may have seen Bush go on television to tell everyone not to worry as the US Government-sponsored Federal Deposit Insurance Corporation (FDIC) will guarantee the safety of their bank deposits.  However, the truth is that the FDIC can barely raise 30 cents on the dollar to cover its potential liabilities; and Bank of America and Wells Fargo are in a similar situation.

8. Banks have already started telling their depositors that they cannot withdraw their own cash.

9. It is universally accepted internationally that the US Dollar is going to collapse by the end of September 2008.  some foreign banks have already started to refuse to take US deposits and, since the Patriot Act, if you do manage to send money to a foreign bank, they are required to report the fact to the USG, who will make you prove how you obtained it and if you cannot do so, they will automatically label you a 'terrorist' or a 'drug dealer' and confiscate it.

10. The Bank of South America is trying to organize its own currency for use within the South American continent when the US Dollar finally crashes, based on an initial provision of eight billion dollars.

11. As of July 1st, the Japanese stock market was down 12%, the Australian stock market was down 18%, the German stock market was down 22%, the Indian stock market was down 36%; and China's Shanghai Exchange was down 50%.

12. Within the next year, the DOW is expected to fall to between 7500 and 8000.

13. Everyone is now desperately trying to get liquid; and Oil, Gold and Drugs have become the only universally accepted world currencies.

14. The only sensible advice is either to change dollars into other currencies, or buy gold and silver (while you still can, because the US is likely to make it illegal to own gold); and stock up on canned food, the price of which is going to go through the roof.  Already the major canners have reduced the size of cans by 20% to preserve stock whilst also maximizing their profits.

15. Already 80% of the cost of an apple in a supermarket is due to energy costs; and this proportion is likely to rise.  We have already started to see the situation where growers, producers and importers have stopped supplying many basic foodstuffs because the price of oil has meant that the cost of getting it to market is more than they can hope to sell it for.  The food shortages that have resulted are likely to become even more acute because the USG is talking of introducing price controls.  Who will be prepared to continue to supply the market when they are sustaining increasing losses?

16. The falling value of the dollar has created artificial shortages because other countries can now buy US goods cheaper than they can produce them themselves.

17. Inflation is expected to rise by 35 - 40% by the end of this year in real terms.  Gasoline 5 Dollars a Gallon everywhere.

18. Following the collapse of the US Dollar, the Euro is also expected to collapse.  In fact, Russia is already negotiating with Germany about a new currency.

19. The Iranian Oil Bourse was set up to trade oil internationally in Euros (see: http://www.energybulletin.net/node/12125 ) but, just when the bourse was ready to go live, the submarine cables were conveniently cut.

20. You can forget about the NAU's Amero.  The Amero is off the table - the Canadian Prime Minister said 'We're not going to support a bankrupt country'; and Mexico is so corrupt that nobody knows where they're coming from.

21. In the future, South America will be one of the safest areas on the planet.  They have ample commodities and very little debt.  Not everywhere is ideal (in some countries you would need to live in a defended compound).  Ecuador is close to becoming self sufficient in food terms.

22. Kissinger and the population reduction crew are trying to get WW3 started before September 30th (end of the US Fiscal Year), then Bush can suspend everything.  Israel and the US are working out the details to attack Iran to start WW3.  The main reason for the use of Depleted Uranium munitions in Iraq is 'to cull the herd'.

23. Of the US population of 300 million, half are over 50 and most of the kids can't read or write.  Sport and entertainment are what has been used to keep everyone going.  When (rather than if) Bush calls a National Emergency, if you are over the age of 44 only if you have a use which 'they' want will 'they' be prepared to keep you alive.  Moreover, what law will we have which says that we even own our own homes?

24. Everybody must downsize into small self-contained and (as far as possible) self-sufficient communities,  People will have to forget their 'wants' and to concentrate solely on what they actually need to survive.

24. In short, we are marching towards our self-imprisonment.  I'm ready to get out of harm's way.  I know high ups who will tell me when it's time to leave.

 

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Ask your lawyer:

50 000 new law suits are filed every day in the U.S. Lawyers take cares on contingency. The attorney receives no fee unless the defendant has to pay.Therefore trial lawyers are constantly searching for "deep pocket defendants".

Wachovia cut 10,000 jobs after the second quarter disaster yesterday

Siemens expect to cut 16 000 jobs

Renault cuts 5000 jobs

Deutsche Telecom 5000 jobs and so on.

Washington Mutual lost 3,3 B in the second quarter.

First National Bank in Nevada and First Heritage Bank in California was shut down by FDIC. That means already seven banks are closed.

Ford lost 8.7 B in the second quarter

Daimler lost 373 M from his shares of 20 % of Chrysler

Ryanair lost 85% of the profit in the second quarter

Amazon doubled the Profit in the second quarter to 158 M and ABB 42 %

Aldi/  Trader Joe grows 10 in the second quarter and the German Post 18%

GE entered a 8 B joint-venture with the Abu Dhabi investment Agency Mubadala Development Company.

It's clear the most successful running companies in the world are run by families. Because they are thinking long term , and there is a strong cut between management and capital. Around 75 % of the profits will be reinvested. And they care much more about there employees.Only some examples : Koch Industries, Reinhard Mohn, Burda, Porsche, Haniel, Schaeffler , Ikea ( Kamprad ),Aldi, Quandt, Herz, Bosch aso.

Fire in California near Yosemite National Park. 2000 houses evacuated.

Italy fights with all legal possibilties against illegal Immigrants.

After New York and some other communities  California bans Trans Fats at 2010 in all restaurants.

200,000 people celebrated Barrack Obama in Berlin. I'm wondering how much people in USA will be there if Huber, Beckstein , Beck or Steinmeier will visit the USA. Beside, the real name of Barrack Hussein Obama is Barry Soetoro.

The monetary system of the United States of America ,was and is "out of control". The U.S. owns several other nations more than US$ 13 Trillion . All 15 months this increase by annother Trillion.

1 in 40 homes in the United states is in foreclosure. 1 in 16 mortgages are now delinquent. Homeprices fall still further. Homesales fell 2.6 % to a 10 -year-low.

The world's premier crisis curreny is the Swiss Frank. And look at all of the gold reserves in the swiss Central Bank

The EURO is 30 % overvalued and will start falling by January 2009. I would abolish the IMF and the world Bank.

The PKK kills 16 people in Istanbul.

In Wisconsin a 56 year old shot his lawn-mover

Have a great day