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Showing posts with label bank runs. Show all posts
Showing posts with label bank runs. Show all posts

Wednesday, January 28, 2009

IMF Says Global Economy to Slow to "Virtual Standstill" - Bloomberg

Bank losses will top 2 trillion dollars in 2009. Global economy will grind to a halt soon. This is even after the stimulus bill. Expect major civil unrest very soon in major cities!!


Interview with George Soros - Bloomberg

Soros says new bank will not get banks to lend. It will provide relief in the short term..translated..More bailouts to come!

Monday, January 19, 2009

CA on the EDGE Feb 1 Tax, Welfare, Grants STOP! - Expect Major BANK RUNS this Week!

There are 500K people in Los Angeles seeking welfare payments! Amazing!
State workers must take 2 days a month without pay, equivalent to a 10% cut in pay.
Road construction projects are threatened with funding cuts. I think California is on the verge of a major crisis that will test Obama