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Tuesday, October 14, 2008

What a real financial collapse looks like


Credit goes to alpha411net for finding the complete video.


Click HERE to watch the movie on line.

When I first started talking about this some survivalists with decades of experience dismissed it saying this only happened in “3rd world banana republics”, it would never happen in USA.


A few years went by and the US economy started looking a bit worse , so I posted it again ( or maybe some other similar video)

Again, the same handful of people claimed it would never happen there.

I never dared to claim what would or would not happen, just started seeing more and more similarities as time went by.

Now the American government has “nationalized” banks, something these survival experts claimed would never happen in USA, because unlike us 3rd worlders, Americans wouldn’t tolerate it.

Only “that” kind of people tolerate it, they said. Americans would start shooting bankers and politicians if they dare doing something like that.

I’m posting the video again, I’m sure some folks will find even more similarities this time, while others will still think nothing like this will ever happen up there.

There's also a similar video aobut the crisis, also worth watching, which I posted when I first got started with this blog.

2001Crisis

Just use your heads, draw your own parallelisms and differences and come to your own conclusions.

If you haven’t watched it yet, I’m sure you’ll find it worth your time.


Thanks everyone for the support.

FerFAL

9 comments:

Anonymous said...

How timely of you to post the video. I just watched this one:
http://www.youtube.com/watch?v=whVSw5X2pVU&feature=related

My jaw dropped and I thought, 'holy s***' when they explained that the bankers put the debt on the government and the people couldn't get their money out of the banks.

We have the same thing here in the US EXCEPT that the US Congress put their seal of approval on it and voted it in. So, we have worse traitors than you guys there did, if the movie I saw is correct because it said that the Argentine courts tried to stop it. Here, the government handed the nation over to the bankers.

We are in deep s*** here. Most people don't realize it yet. They only see a hit on their 401K retirement investments. Soon, they will.

I am not a hard core survivalist, but I have been putting up extra food, etc for years. Glad I did. Also, I read your suggestions on the AR15 forum and paid attention. The only thing left is going tomorrow to get my solar system so I can run the refrigerator.

This guy used to make fun of guys like you. Now, he is on youtube telling people to have food and cash.
http://market-ticker.denninger.net/

Anonymous said...

Your efforts to inform are appreciated more than you know.

Thank you,

vetus

Jay21 said...

I have seen it from your earlier posts, and it changed my life. Thank you again for all of your help in preparing us in the USA who will listen.
Jason

Weaseldog said...

I've been seeing the pattern from the IMF as it took down Africa, then South America, since the late 1990s.

As I watched Argentina and Venezuela get hit, I was arguing that the US had to be on the list. The bankers were running out of countries to rape and pillage.

Now it's come, and few have been paying attention. Many are still in denial, saying, "It can't happen here."

Karl Denninger is an interesting fellow. His kind have been laughing at us tin foil types for years. We've been saying that if you take away the things that prevent economic collapse, then collapse will come. They laughed and laughed. Now, two minutes to midnight, he wants us to start writing letters. He has no clue that we were writing letter ten years ago and they made no difference.

He doesn't realize that while sitting on the sinking Titanic, letter writing to the ship builders, isn't going to unsink the ship. He can write all the letters he wants. The USA is in the middle of being raped. It can't be undone now. It's too late to go back. Our politicians don't have a clue what they are doing and they think their constituents are stupid morons. And anyhow we don't have billions of dollars to bribe them with, to get them to do the right thing.

There's not much to do now, but watch it all burn down.

Anonymous said...

Hi Ferfal, wouldn't Argentina be a wonderful place to invest? The low Peso combined with cheap labour sounds very attractive even so one would need more security than in Europe.

Actually this might be the way out of the misery, this way the devalued Peso would constitute a big advantage.

Anonymous said...

Thank you for your post. I am waking up FAST. I can't buy a gun soon enough, and I am going to train my 8 year old too shoot it. I am wondering what is Argentina like now? I have looked at all the data that I kind find and I see that the unemployment is about 6%. The job market is tight but it seems like you are pulling yourselves out of the hole.

Thank you for all of your advice, I am going to continue preparing for the worst but hoping for the best.

Unknown said...

To anonymous: VERY CLEVER (sarcastic)
Your response to a crisis coming is to teach a child how to shoot a gun. Just think about that for a minute.

JP

Anonymous said...

"To anonymous: VERY CLEVER (sarcastic)
Your response to a crisis coming is to teach a child how to shoot a gun. Just think about that for a minute."

What is the problem about shooting a gun? It saves lives.

Weaseldog said...

When I was 8 years old, my grandfather who survived the Great Depression as a dirt poor sharecropper, was teaching me plant, pull weeds and irrigate.

I thought it was normal to eat food you grow and catch yourself.

It was only when I grew older that I learned that only poor and ignorant people ate fresh food that they grew on their own.

My how things have changed again...