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Showing posts with label Canada. Show all posts
Showing posts with label Canada. Show all posts
Tuesday, August 27, 2013
Lyndsey Williams ~ After Cyprus Bank Run : New Zealand , Japan and may be Canada
"Just within the past few days I have been told approximately when it will happen! There is a sign, I will tell it shortly!" -- Pastor Lindsey Williams
Will rapidly rising interest rates rip through the U.S. financial system like a giant lawnmower blade? Yes, the U.S. economy survived much higher interest rates in the past, but at that time there were not hundreds of trillions of dollars worth of interest rate derivatives hanging over our financial system like a Sword of Damocles. This is something that I have been talking about for quite some time, and now a Mexican billionaire has come forward with a similar warning. Hugo Salinas Price was the founder of the Elektra retail chain down in Mexico, and he is extremely concerned that rising interest rates could burst the derivatives bubble and cause "massive bankruptcies around the globe". Of course there are a whole lot of people out there that would be quite glad to see the "too big to fail" banks go bankrupt, but the truth is that if they go down our entire economy will go down with them. Our situation is similar to a patient with a very advanced stage of cancer. You can try to kill the cancer with drugs, but you will almost certainly kill the patient at the same time. Well, that is essentially what our relationship with the big banks is like. Our entire economic system is based on credit, and just like we saw back in 2008, if the big banks start failing credit freezes up and suddenly nobody can get any money for anything. When the next great credit crunch comes, every important number in our economy will rapidly start getting much worse.
Labels:
Bank Run,
Canada,
Cyprus,
Japan,
Lyndsey Williams,
New Zealand
Tuesday, May 3, 2011
Bob Chapman : Canada has the best regulated market in the world
Bob Chapman - Radio Liberty - 05-02-2011
Bob Chapman : these kind of attacks on the silver market usually last 2 to 3 days and that's it so you can expect a turn in somewhere ...Canada has the best regulated market in the world they respond immediately (to complains) they do thorough legal investigations and they get to the bottom of things , United States forget about it ...
Labels:
Canada
Wednesday, April 14, 2010
Can Sand oil and Ethanol be the Energy future for The Unites States of America ?
Can Canada sand oil and sugar cane ethanol be the future energy for the oil thirsty united States of America ?
what if there is crisis in the middle east , what if the cheap oil suply ended
what if there is crisis in the middle east , what if the cheap oil suply ended
Can Sand oil and Ethanol be the Energy future for The Unites States of America ?
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