The Greater Depression is HERE. The time to prepare for coming dark days is over. The time to protect your family and wealth is NOW. Fortunately, there is still time.
Banks are failing at rates even higher than last year. Despite the assurances from the White House that the economy and employment are growing, UNEMPLOYMENT is already at a level unseen in the U.S. since the Great Depression, and the situation is getting worse.
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More Recession Predictions
Posted on November 22nd, 2007 No commentsUS Headed for recession, says The Market Oracle, and it’s hard to argue. Apparently, on November 15th, the Federal Reserve loaned more money to banks than in any other day in history. That’s a bad sign, because:
1. It means the banks need the money to cover bad loans.
2. Ben Bernanke doesn’t know what he’s doing.