So why are we all of a sudden being told

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  • Bigblue1
    Banned Users
    • Dec 2008
    • 3923

    So why are we all of a sudden being told

    That this is a depression that were in.
    http://www.telegraph.co.uk/finance/c...like-1932.html

    Also how bad is it going to get?

    http://theinternationalforecaster.co...d_the_Downturn

    Are you ready for Austerity?

    http://www.bloomberg.com/news/2010-0...on-climbs.html
  • lxskllr
    Member
    • Sep 2007
    • 13435

    #2
    Don't have time to read your links now, but I'm guessing they're now telling us the truth. Recession doesn't sound quite as bad as depression, so they use that term as long as they can get away with it. A recession is better for moral, and makes the involved leaders look better than a depression does.

    Comment

    • Bigblue1
      Banned Users
      • Dec 2008
      • 3923

      #3
      Yeah Just found another one. NY times

      http://www.nytimes.com/2010/06/28/op...28krugman.html

      Looks like the great snus buy of 2010 wasn't enough to save the economy.

      Comment

      • snusgetter
        Member
        • May 2010
        • 10903

        #4
        Originally posted by Bigblue1 View Post
        Looks like the great snus buy of 2010 wasn't enough to save the economy.
        All caught up in traffic...
        News at 11

        Comment

        • Darwin
          Member
          • Mar 2010
          • 1372

          #5
          I don't put much store in Krugman. To him a few trillion here, a few trillion there, a few more trillion way off over that way, and pretty soon you're talking about a noticeable stimulus effect--maybe. Thermonuclear Keynesianism.

          Comment

          • justintempler
            Member
            • Nov 2008
            • 3090

            #6
            Why? ......... Because you haven't been paying attention

            Start here: http://www.youtube.com/user/ChrisMartensondotcom



            and watch Ruppert's movie Collapse

            Comment

            • Jimbob_Rebel
              Member
              • Jun 2010
              • 169

              #7
              All of a sudden?!?!?!? Dude, this is old news to those of us who've been perusing the Lew Rockwell website,The Daily Reckoning, Shenandoah and others. People like Lew, Gary North, Peter Schiff and others have been warning for years that we're about to meet out economic waterloo. Heck, Ron Paul has even entered his predictions into the congressional record. Shame on you for relying upon the MSM for vital information.

              We have mass if not hyper-inflation coming our way,here's the tip of the iceberg;

              “Fiat paper money is destroying civilization right now. It has fueled the predator state. It has destabilized markets. It has wrecked balance sheets and distorted financial markets. It has wrecked the culture by leading the whole world to believe that prosperity can come as if by magic, that stones can be turned into bread.”
              http://dailyreckoning.com/fed-credit...in-the-middle/

              Do yourself a favor and spend some time here;

              http://lewrockwell.com/

              But don't wait around for the MSM to tell you anything important, heck, we were well into the last recession before they even mustered the cajones to utter the "R" word. The 4th estate by and large does not exist to inform you but to mis-inform you on behalf of the Masters of the Universe who inhabit that fever-swamp of self-centered stupidity a.k.a. Washington, D.C..

              Take heart, it's not too late to act. Buy up some gold and silver, bullets and toilet paper, maybe a few month's supply of food in your pantry and so long as you can hang onto your job you should be o.k..

              Comment

              • LaZeR
                Member
                • Oct 2009
                • 3994

                #8
                Obama will make it all Bush's fault and it will just go away *pOOf* and Obama will go down as being the GrEaTeSt PreSidEnT EVAR!!!111



                /fvck politics
                //thread

                Comment

                • SnusoMatic
                  Member
                  • Jun 2009
                  • 507

                  #9
                  dont waste your time reading the stats the gov releases or the "news" reports. This is the best place to find out whats going on http://www.shadowstats.com/ while it takes a little study its worth the time. you will find out months ahead of "news" reports checking their site. fyi, it's NOT a conspiracy site.

                  Comment

                  • Bigblue1
                    Banned Users
                    • Dec 2008
                    • 3923

                    #10
                    Well guys you know I'm all over the alternative news scene. And I've been calling this a depression for quite some time. My point being when asking the question, Is why are they allowing the main stream press to now run with it now.

                    Comment

                    • SnusoMatic
                      Member
                      • Jun 2009
                      • 507

                      #11
                      because most people are more worried about what paris hilton is doing than real news. so they eat a steady diet of bs. iow, most are sheepeople. it's just that simple

                      Comment

                      • Jimbob_Rebel
                        Member
                        • Jun 2010
                        • 169

                        #12
                        Originally posted by Bigblue1 View Post
                        Well guys you know I'm all over the alternative news scene. And I've been calling this a depression for quite some time. My point being when asking the question, Is why are they allowing the main stream press to now run with it now.
                        Same reason they finally coughed up the "R" word after spending months denying it, the consequences are about to make landfall and they don't want to be perceived as having been utterly clueless............it's a credability issue.

                        http://www.takimag.com/blogs/article...pocalypse_now/

                        Comment

                        • truthwolf1
                          Member
                          • Oct 2008
                          • 2696

                          #13
                          Originally posted by Jimbob_Rebel View Post
                          Same reason they finally coughed up the "R" word after spending months denying it, the consequences are about to make landfall and they don't want to be perceived as having been utterly clueless............it's a credability issue.

                          http://www.takimag.com/blogs/article...pocalypse_now/
                          They are losing credability everyday as more people are starting to wake up.

                          In keeping the sheep calm they just might adjust easier to the new Tijuana type lifestyle.

                          Comment

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