Clipmarks
   
  
   
debbyskifollowshare
3-21-2008 6:01 AM751 views
4 Comments   | Add a Comment
3-21-2008 11:07 AM
cptenaud
And this time it isn`t just the rich who are invested in stocks. This crash will be far greater. It already is involving the rest of the world.
3-21-2008 11:08 AM
AcesLucky
Because Bear Stearns was an Investment Bank (not a traditional Savings Bank that we poor folk go to), their depositors (rich folk) got burned. No FDIC protection for those type of (security backed) deposits.

And when the rich get burned... you know the crap is hitting the fan.

And yes, it's spreading around the world.
3-23-2008 8:16 AM
ladyjean99
We're starting to feel it over here in Australia - it's certainly not confined to the US.
3-23-2008 6:18 PM
blueridge
The consequences of establishing the Fed back in 1913, by stealth, is now coming full circle. The fake money scheme will result in not only economic hardship, but global upheaval, because it is the worlds primary currency. Wars have historically been fought over the control of money, including America's own Revolutionary War.
Login to Comment.  Not a member yet? Sign up





Embed This Clip In Your Site...


OK