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| Economic Collapse ? (The Calm b4 the storm) | |
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| Tweet Topic Started: Jul 15 2010, 05:58 PM (2,570 Views) | |
| Earendel | Jul 15 2010, 05:58 PM Post #1 |
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Here is an interesting article that I found...it may or may not have any significance at all. But in posting it I just want to quote some scripture: Psalm 37:25 (King James Version) I have been young, and now am old; yet have I not seen the righteous forsaken, nor his seed begging bread. The Article: Hello Dr. Makow, On September 29th 2008, the Dow Jones Index dropped 777 points in one day. When I first saw this news I immediately knew that the number had a significance since the Illuminati / Powers that Be are very heavily into numerology symbolism and magick. The number seven is a very significant number in their belief system. I tried to figure out what the message is and what the numbers were supposed to convey to Illuminati associates spread around the world (the Illuminati uses the mass media not only to brainwash people, but also to spread encoded messages throughout the world to their members. To ordinary people it is just numbers or symbols but for the people in the know it is a whole language in itself, only they can decipher). ![]() After meditating on this event for a while, I was able to decipher what the message meant. Lots of times they present very important information right in front of people's eyes, but only the ones with eyes to see will get the message. I feel the message is the following: The Illuminati was telling their members that 777 days from September 29, 2008, which is around the 14th of November of 2010 the real crash is happening and that they have 777 days to prepare before the big crash, which will usher in their desired new world order. I am sharing this information with you, because I have heard from several trend researchers now that they see and can confirm that they are expecting a major event to happen in Nov. of 2010 as well. They say that its magnitude will have the same kind of effect on the world as the 9/11 attack on New York had. I usually don't like to make predictions or forecast things, but I feel very strongly that there will be a significant event. The more prepared you are for it though, especially mentally and emotionally, the better off you will be and it won't be a shock to you, like it will be a shock for everybody else. Food and water will be important too, but I feel the emotional preparedness and the mental stability one has will be the most important survival tool to have. The Illuminati is a military organization, a mental and emotional military organization that is leading a war against all weaker and less intelligent people that cannot resist their control and power and one of their main and most successful weapons and strategies is the Element of Surprise. They make people believe something is going in one direction and once everybody has gotten on that boat and is not expecting any changes, they change plans and the course of the boat, and the people in the boat think they can't get off because they would drown in an attempt to swim back to shore. This sounds all very complicated, but if you have the ability to go beyond the surface appearance of things you can see the bigger picture agenda and at times this can be scary, but I always found it very freeing to understand what is really going on, so I can at least prepare as well as I can. I don't know what kind of trick the Illuminati will pull and what kind of event will transpire to create their order out of chaos, but I am very certain that on of the main aspects of it will be a global financial depression that will scare the living hell out of people. The #1 advice I can give is not be afraid of death and if you manage to do that they will have a lot less chance to hook you into their mind and emotion game ( in my opinion the whole Oil disaster in the Gulf of Mexico is a planned and intended psychological warfare operation to undermine the confidence and moral of the American people. Mass depression and fear and feelings of helplessness support the Illuminati agenda to control entire populations more easily). Secondly, get together with people you trust and can rely on and form support groups with each other and invest if you have any savings into self-sufficient technologies depending where you live either solar panels, a small wind turbine, if it gets cold in the winter a wood stove is very important and get a years supply of dehydrated food just in case. I don't know how extreme the situation will be physically, but it will be very tough mentally and many people that are not mentally tough and prepared will get overwhelmed and suicide rates will increase. The most important thing is not to forget about the positives that can come from this situation. Challenged in this way can bring the best and bravest out in you, and that is what we need, bravery and courage and strength. All the best to you, much success and expansion despite the gloom and doom, Max Source: http://www.henrymakow.com/hello_dr_makowon_september_29t.html |
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| Earendel | Jul 15 2010, 06:14 PM Post #2 |
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...maybe related? New UN Report Recommends Ditching The Dollar As Global Reserve Currency ![]() The United Nations has slammed the U.S. dollar in a new report called Retooling Global Development. They're recommending an end to the dollar's role as dominant reserve currency, and pushing for a new global reserve regime based on a supranational currency made up of a basket of developed nation currencies. While we've heard this kind of recommendation before, the UN is re-energizing its push... Read more: http://www.businessinsider.com/un-report-death-of-the-dollar-as-reserve-currency-2010-6#ixzz0tndsoqiS |
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| Silver | Jun 6 2015, 08:21 AM Post #3 |
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Is the financial collapse that so many are expecting in the second half of 2015 already starting? Many have believed that we would see bonds crash before the stock market crashes, and that is precisely what is happening right now. Since mid-April, the yield on 10 year German bonds has shot up from 0.05 percent to 0.89 percent. But much of that jump has come this week. Just a couple of days ago, the yield on 10 year German bonds was sitting at just 0.54 percent. And it isn’t just Germany – bond yields are going crazy all over Europe. So far, it is being estimated that global investors have lost more than half a trillion dollars, and there is much more room for these bonds to fall. In the end, the overall losses could be well into the trillions even before the stock market collapses. I know that for most average Americans, talk about “bond yields” is rather boring. But it is important to understand these things, because we could very well be looking at the beginning of the next great financial crisis. The following is an excerpt from an article by Wolf Richter in which he details the unprecedented carnage that we have witnessed over the past few days… On Tuesday, ahead of the ECB’s policy announcement today, German Bunds sagged, and the 10-year yield soared from 0.54% to 0.72%, drawing a squiggly diagonal line across the chart. In just one day, yield increased by one-third! Makes you wonder to which well-connected hedge funds the ECB had once again leaked its policy statement and the all-important speech by ECB President Mario Draghi that the rest of us got see today. And today, the German 10-year yield jump to 0.89%, the highest since October last year. From the low in mid-April of 0.05% to today’s 0.89% in just seven weeks! Bond prices, in turn, have plunged! This is the definition of a “rout.” Other euro sovereign bonds have gone through a similar rout, with the Spanish 10-year yield soaring from 1.05% in March to 2.07% today, and the Italian 10-year yields jumping from a low in March of 1.03% to 2.17% now. What this means is that the central banks are losing control. In particular, the European Central Bank has been trying very hard to force yields down, and now the exact opposite is happening. This is very bad news for a global financial system that is absolutely teeming with red ink. Since the last financial crisis, our planet has been on the greatest debt binge of all time. If we are moving into a time of higher interest rates, that is going to cause enormous problems. Unfortunately, CNBC says that is precisely where things are headed… The wild breakout in German yields is rocking global debt markets, and giving investors an early glimpse of the uneasy future for bonds in a world of higher interest rates. The shakeout also carries a message for corporate bond investors, who have snapped up a record level of new issuance this year, and are now seeing negative total returns in the secondary market for the first time this year. So why is this happening? Why are bond yields going crazy? According to the Wall Street Journal, financial regulators in Europe are blaming the ECB’s quantitative easing program… A recent surge in government bond market volatility can be blamed on the quantitative easing program of the European Central Bank, according to one of Europe’s top financial regulators. EIOPA, the body responsible for regulating insurers and pension funds in the European Union, has warned that the ECB’s decision to buy billions of euros’ worth of sovereign bonds, to kick-start the region’s economy, has caused markets to become choppier. And actually this is what should be happening. When central banks start creating money out of thin air and pumping it into the markets, investors should rationally demand a higher return on their money. This didn’t really happen when the Federal Reserve tried quantitative easing, so the Europeans thought that they might as well try to get away with it too. Unfortunately for them, investors are starting to catch up with the scam. So what happens next? Well, European bond yields are probably going to keep heading higher over the coming weeks and months. This will especially be true if the Greek crisis continues to escalate. And unfortunately for Europe, that appears to be exactly what is happening… Greece will not make a June 5 repayment to the International Monetary Fund if there is no prospect of an aid-for-reforms deal with its international creditors soon, the spokesman for the ruling Syriza party’s lawmakers said on Wednesday. The payment of 300 million euros ($335 million) is the first of four this month totaling 1.6 billion euros from a country that depends on foreign aid to stay afloat. Greece owes a total of about 320 billion euros, of which about 65 percent to euro zone governments and the IMF, and about 8.7 percent to the European Central Bank. On Tuesday, Greece’s creditors drafted the broad outlines of an agreement to put to the leftist government in Athens in a bid to conclude four months of negotiations and release aid before the country runs out of money. “If there is no prospect of a deal by Friday or Monday, I don’t know by when exactly, we will not pay,” Nikos Filis told Mega TV. In fact, there are reports that both the ECB and the Greek government are talking about Greece going to a “parallel domestic currency”… Biagio Bossone and Marco Cattaneo write that according to several recent media reports, both the Greek government and the ECB are taking into consideration the possibility (for Greece) to issue a parallel domestic currency to pay for government expenditures, including civil servant salaries, pensions, etc. This could happen in the coming weeks as Greece faces a severe shortage of euros. A new domestic currency would help make payments to public employees and pensioners while freeing up the euros needed to pay out creditors. If Greece defaults and starts using another currency, the value of the euro is going to absolutely plummet and bond yields all over the continent are going to start heading into the stratosphere. That is why it is so important to keep an eye on what is going on in Greece. But no matter what happens in Greece, it appears that we are moving into a time when there will be higher interest rates around the world. And since 505 trillion dollars in derivatives are directly tied to interest rate levels, that could lead to a financial unraveling unlike anything that we have ever seen before in the history of our planet. As I have warned about so many times before, 2008 was just the warm up act. The main event is still coming, and it is going to be extraordinarily painful. http://theeconomiccollapseblog.com/archives/investors-start-to-panic-as-a-global-bond-market-crash-begins - - - - I’m from Europe and I remember the time we got the € instead of our own solid currency. Nobody asked for it, nobody could vote for or against it, yet our country claims to be democratic. After the € was here, the numbers of the price tags on products didn’t change, but the € was worth at least twice compared to the currency we used before. The only thing that changed was the number on our paychecks, so we were getting the same value as we had before. In short: prices went up while salary was stagnating. Nobody really liked the € in the first place and nobody could really do anything to stop it. Greece knows exactly what they’re doing. They know that the EU can’t stand it if ‘project euro’ is going to fail. Well, here’s some news for everyone: project euro already failed. Europe is still keeping up appearances though. Personally I believe that the EU also knows exactly what they’re doing, but that might lead to some more conspiracy stuff. Most of us already know that one day there has to be some sort of global currency regarding the system of the beast. |
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| Silver | Jun 28 2015, 06:54 AM Post #4 |
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Exclusive Interview with Ron Paul https://orders.cloudsna.com/chain?cid=MKT033949&eid=MKT041076&snaid=&step=start&affId=#/affid#AST03347 12-Term Congressman Ron Paul's Warning to Americans about the Coming Currency Crisis |
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| Silver | Oct 27 2015, 04:49 PM Post #5 |
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The Calm Before The Storm Storm – Public DomainHave you noticed that things have gotten eerily quiet in the month of October? After the chaos of late August and early September, many had anticipated that we would be dealing with a full-blown financial collapse by now, but instead we have entered a period of “dead calm” in which things have become exceedingly quiet in almost every way that you can possibly imagine. Other “watchmen” that I highly respect have made the exact same observation. Even though the economic numbers are screaming that we have entered a global recession, they aren’t really make any headline news. A whole host of major financial institutions around the planet are currently in danger of collapsing and creating the next “Lehman Brothers moment”, but none of them has imploded just yet. And of course Barack Obama seems bound and determined to start World War III. On Monday, it was announced that he is sending a guided missile destroyer into Chinese waters in the South China Sea. The Chinese have already stated that they might just start shooting if this happens, but Barack Obama doesn’t seem to care. But until the shooting actually begins, that is not likely to upset the current tranquility that we are enjoying either. To me, what we are experiencing at the moment would best be described as “the calm before the storm”. If you are not familiar with this concept, this is how it is defined by How Stuff Works… Have you ever spent an afternoon in the backyard, maybe grilling or enjoying a game of croquet, when suddenly you notice that everything goes quiet? The air seems still and calm — even the birds stop singing and quickly return to their nests. After a few minutes, you feel a change in the air, and suddenly a line of clouds ominously appears on the horizon — clouds with a look that tells you they aren’t fooling around. You quickly dash in the house and narrowly miss the first fat raindrops that fall right before the downpour. At this moment, you might stop and ask yourself, “Why was it so calm and peaceful right before the storm hit?” Like so many others, I believe that a great storm is coming, and yet right at this moment things seem so peaceful. Unfortunately, this period of peace and quiet is not going to last for long, and most Americans know deep down that something is seriously wrong with our nation. In fact, a new WND/Clout poll has found that 85.3 percent of all likely voters in the United States believe that our country is going in the wrong direction… The poll found 92.6 percent of those who identified themselves as conservative believe the nation is on the wrong track. Among those who call themselves liberal, 90.9 percent said it is going the wrong direction. When asked what they think of the American economy after seven years of Obama’s leadership and economic policies, nearly 80 percent described it as “very fragile” or “somewhat fragile.” Self-identified Democrats, Republicans, liberals and conservatives were in general agreement, with about 75 percent to 80 percent describing the economy as “somewhat fragile” or “very fragile.” But even though we are steamrolling in the wrong direction, we haven’t suffered any incredibly serious consequences for it yet. For the moment, this is allowing the mockers to have a field day. They are fully confident that Barack Obama and the Federal Reserve knew what they were doing after all, and they are gleefully taunting those of us that have been warning of the great disaster that is heading our way. However, those that are wise are getting prepared. I think that we could all learn some lessons from what Overstock.com Chairman Jonathan Johnson is doing. The following is an extended excerpt from a recent Zero Hedge article… One week ago Johnson, who is also candidate for Utah governor, spoke at the United Precious Metals Association, or UPMA, which we first profiled a month ago, and which takes advantage of Utah’s special status allowing the it to use gold as legal tender, offering gold and silver-backed accounts. As a reminder, the UPMA takes Federal Reserve Notes (or paper dollars) which it then translates into golden dollars (or silver). The golden dollars are based off the $50 one ounce gold coins produced by the Treasury of The United States. They are legal tender under the law and are protected as such. What did Johnson tell the UPMA? Here are some choice quotes: We are not big fans of Wall Street and we don’t trust them. We foresaw the financial crisis, we fought against the financial crisis that happened in 2008; we don’t trust the banks still and we foresee that with QE3, and QE4 and QE n that at some point there is going to be another significant financial crisis. So what do we do as a business so that we would be prepared when that happens. One thing that we do that is fairly unique: we have about $10 million in gold, mostly the small button-sized coins, that we keep outside of the banking system. We expect that when there is a financial crisis there will be a banking holiday. I don’t know if it will be 2 days, or 2 weeks, or 2 months. We have $10 million in gold and silver in denominations small enough that we can use for payroll. We want to be able to keep our employees paid, safe and our site up and running during a financial crisis. We also happen to have three months of food supply for every employee that we can live on. Why would such a seemingly intelligent and successful CEO of a large Internet company do such things? It is because he can see the writing on the wall. This period of calm will not last. A great storm is coming, and when it does arrive those that have not prepared for it are going to suffer tremendously. Most people have no idea just how fragile our system really is. Today, some of these “too big to fail” banks supposedly have trillions of dollars in assets, but if you want to withdraw $10,000 or more in cash you have got to give them 24 hours notice to get enough money… This is just the beginning. As anyone can tell you, it’s all but impossible to move large amounts of money into cash in the US. Even the large banks will routinely ask you for 24 hours notice if you need $10,000 or more in cash. These are banks will TRILLIONS of dollars worth of assets on their books. And with each passing day we see even more signs of the global economic slowdown that is emerging all around us. For example, we just learned that the China Containerized Freight Index has dropped to the lowest level ever recorded. China accounts for more global trade than anyone else, and so this is a very clear sign that global economic activity is slowing down dramatically… By early July, the index dropped below 800 for the first time in its history, which started in 1998 when the index was set at 1,000. It soon recovered to about 850. And just when bouts of hope were rising that the worst was over, it plunged again and hit even lower levels. The latest weekly reading dropped another 1.7% from the prior week to 752.21, the worst level ever. The CCFI is now 30% below where it had been in February this year and 25% below where it had been 17 years ago at its inception. But for those that don’t want to believe that hard times are on the way, they can take comfort in the eerie period of calm that we are experiencing right now. What they don’t realize is that this truly is “the calm before the storm”, and the global economic crisis that is ahead of us is going to be far beyond what most people ever dared to imagine was possible. http://theeconomiccollapseblog.com/archives/the-calm-before-the-storm-2 |
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| Silver | Oct 27 2015, 04:53 PM Post #6 |
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You have summarized and done a great job keeping us up to date on the economic front . You mentioned this carrier that I think we need to explore more, too.I noticed this big announcement of sending this guided missile carrier to “international” waters in the South China Sea. What’s up with that? Since when did the US announce ahead of time when and where it is sending any navy vessel ever? Apparently China issued some threat about “their” territory. I’m not sure if they themselves declared expansion into international water or if they are flexing their muscles issuing threats or what exactly this is about but suddenly we are sending this ship there AND ANNOUNCING IT TO THE WORLD AHEAD OF TIME..?? What insanity is this? What national military does this in or out of combat. Maybe it’s a courtesy, I don’t know. I’m not military but this doesn’t have the right ring to it to me? “In the next few days”. When did we start announcing such things publically before arrival? It does seem suspicious. What military tells in advance their moves? That sounds like a sacrifice of our navy personnel to me. Maybe I’m too paranoid and suspicious these days after all the lies we’ve been told and heard repeated so often. It’s sounding a little like that awful video when Benghazi was attacked. Suspicious. Added to what you have stated here and the uneasy feeling so many have expressed, this does all look suspicious. I pray we are wrong but gut instinct says pay attention. Heads Up! Would love some opinions from our military connected folks , vets, whoever on this subject. |
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| Silver | Oct 27 2015, 04:55 PM Post #7 |
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Love the quotes from the CEO of Overstock.com — we have 3 months of food for every employee and I imagine that each employee has supplied their families as well. For those left behind this will be very important. Foreign Ministry spokesman Lu Kang told a daily briefing that if the United States continued to “create tensions in the region,” China might conclude it had to “increase and strengthen the building up of our relevant abilities”. http://www.reuters.com/article/2015/10/27/us-southchinasea-usa-idUSKCN0SK2AC20151027 It certainly does feel like an eerie Calm…like when I lived in Illinois as a young teen and we knew a tornado was near – creepy, quiet, and very eerie — |
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| Silver | Nov 9 2015, 05:00 PM Post #8 |
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Former Reagan Administration Official Warns; Financial Disaster Is Dead Ahead Why won’t the American people listen to the warnings? David Stockman was a member of the U.S. House of Representatives from 1977 to 1981, and he served as the Director of the Office of Management and Budget under President Ronald Reagan from 1981 to 1985. These days, he is running a website called “Contra Corner” which I highly recommend that you check out. Stockman believes that a global “debt super-cycle” that has been building for decades is now bursting, and he is convinced that the consequences for the U.S. and for the rest of the planet will be absolutely catastrophic. His findings are very consistent with what I have been writing about on The Economic Collapse Blog, and if Stockman is correct the times ahead of us are going to be exceedingly painful. But right now, most people don’t seem to be in the mood to listen to these types of warnings. Even though there is a mountain of evidence that the global economy has already plunged into recession, U.S. stocks had a great month in October, and so most Americans seem to think that the crisis has passed. Of course the truth is that the stock market is not an accurate barometer of the economy and it never has been. Back in 2008, almost everything else started to go downhill before stocks did, and the same thing is happening once again. In a recent article, Stockman explained that stocks are surging to absolutely ridiculous levels even though corporate earnings are actually way down… At this point, 75% of S&P 500 companies have reported Q3 results, and earnings are coming in at $93.80 per share on an LTM basis. That happens to be 7.4% below the peak $106 per share reported last September, and means that the market today is valuing these shrinking profits at a spritely 22.49X PE ratio. And, yes, there is a reason for two-digit precision. It seems that in the 4th quarter of 2007 LTM earnings came in at 22.19X the S&P 500 index price. We know what happened next! Why do so many refuse to see the parallels? This crisis is unfolding so similarly to 2008, and yet most of the “experts” are willingly blind. Much of the stock buying that has been happening in 2015 has been fueled by stock buybacks and by M&A (merger and acquisitions). Many firms have even been going into debt to buy back their own stocks, but now sources of financing are starting to dry up. This year we have already seen the most corporate debt downgrades since 2009, and big financial institutions are now becoming much more hesitant to loan giant stacks of cash to these large corporations at super low interest rates. So it is very, very difficult to see how the equity markets are going to move much higher than they are right now. Meanwhile, the global economy is starting to unravel right in front of our eyes. In his recent piece, Stockman discussed some of these data points… In the last two days we posted the latest data on two crucial markers of global economic direction——-export shipments from Korea and export orders coming into the high performance machinery factories of Germany. In a word, they were abysmal, and smoking gun evidence that the suzerains of Beijing have not stopped the implosion in China, and that their latest paddy wagon forays—–arresting the head of China’s third largest bank and hand-cuffing several hedge fund managers including the purported “Warren Buffett” of China—-are signs not of stabilization, but sheer desperation. So it is not surprising that Korea’s October exports—–the first such data from anywhere in the world—were down by a whopping 16% from last year, and have now been down for 10 straight months. Needless to say, China is the number one destination for Korean exports. Likewise, German export orders plummeted by 18% in September, and this was no one month blip. For many more recent statistics just like these, please see my previous article entitled “18 Numbers That Scream That A Crippling Global Recession Has Arrived“. If the global economy really was doing “just fine” as Barack Obama and others suggest, then why is the largest shipping line in the world eliminating jobs and scaling back capacity?… A.P. Moeller-Maersk A/S is scaling back capacity and cutting jobs in the world’s largest shipping line to adapt to a drop in demand. The Danish company, which last month lowered its profit forecast for 2015 citing a gloomier outlook for the global shipping market, will shed 4,000 jobs in its Maersk Line unit as part of a program to “simplify the organization,” it said in an e-mailed statement on Wednesday. And why are some of the biggest banks in the western world laying off tens of thousands of workers?… Standard Chartered Plc became the third European bank in less than two weeks to announce sweeping job cuts, bringing the total planned reductions to more than 30,000, or almost one in seven positions. The London-based firm said Tuesday it will eliminate 15,000 jobs, or 17 percent of its workforce, as soaring bad loans in emerging markets hurt earnings. Deutsche Bank AG, based in Frankfurt, last week announced plans for 11,000 job cuts, while Credit Suisse Group AG said it would trim as many as 5,600 employees. And if things are so great in the United States, why is Target suddenly closing stores? The truth, of course, is that things are not great. Global GDP expressed in U.S. dollars is down 3.4 percent so far this year, and total global trade has plummeted 8.4 percent. We have entered a major global economic slowdown, and like usual, equity markets will be the last to get the memo. But when they finally do react, that is likely going to greatly accelerate our problems. Just like we saw in 2008, when there is fear and panic in the financial markets that tends to cause the flow of credit to freeze up. And that is something that we simply cannot afford, because the flow of credit has become the lifeblood of the global economy. So no, “the crisis” is not “over”. Rather, the truth is that “the crisis” is just beginning, and it will soon be making front page headlines all over the planet. fair use for educational or discussion purposes http://theeconomiccollapseblog.com/archives/former-reagan-administration-official-warns-that-financial-disaster-is-dead-ahead |
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| Silver | Nov 10 2015, 09:14 AM Post #9 |
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well, this "dot" connects with sumptin just posted in global threat about China.... read here....post #57 http://the-christians-forum.com/topic/5899125/6/#new Navy tests Trident missiles off California Nov 10, 2015 - There is a 'secret' (cough) military drill over SoCal. Dont let anything surprise you! The missile was seen in California, Arizona and Nevada. It soared over Orange County. The light came from an unarmed Trident missile (D5) fired from the USS Kentucky navy submarine test-fired by the U.S. Navy off the southern California coast. Navy tests missile #2 off California The U.S. Navy said it launched a second Trident II (D5) missile from a submarine off California. These missiles can reach China. Is Obama sending China a warning? If so China is just laughing. |
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| Silver | Nov 10 2015, 09:18 AM Post #10 |
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Stocks tumble as Dow drops 180 points on rate hike fears http://www.usatoday.com/story/money/markets/2015/11/09/wall-street-stocks-adjust-idea-higher-rates/75445514/ also: check this out... http://www.bloomberg.com/news/articles/2015-11-09/china-to-allow-direct-conversion-between-yuan-and-swiss-franc |
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You have summarized and done a great job keeping us up to date on the economic front . You mentioned this carrier that I think we need to explore more, too.

1:18 PM Jul 11