The Mudcat Café TM
Thread #103749   Message #2202507
Posted By: Donuel
26-Nov-07 - 12:16 PM
Thread Name: BS: News of Note (was 'I Read it . . .')
Subject: RE: BS: News of Note (was 'I Read it . . .')
http://www.globalresearch.ca/index.php?context=va&aid=7426

my interpretation:
It looks like China freezing all credit for the next 40 days is what is keeping the biggest economic bubble from bursting before Christmas. China's gas bills are going way up due to the US dollar as well as peak oil supply on the near horizon.

Panic sell off of US notes, T bills, money market funds and other Wall street instruments can be delayed but soon US stock market computer program sell offs will be triggered at the 12,000 mark.

Some will call it the WW Depression and others will call it the biggest transfer of wealth to the wealthy in history.

OF all of Dick Cheney's lies the one that may go down in history is "deficits don't matter"

Within 4 years many experts see the perfect storm in full blow.