A year ago, countries started to mask their economic status in conjunction with the olympics. Not wanting to add such a dire state of a nation to a global event. Finally, it has surfaced through the Lehman Brothers case.
Federal Reserves and Barclays are holding up the two foundations preventing the building from crumbling.
And I think, this is really scary.
Freddie Mac -> Lehman Brother's(Now bought over by Barclays) -> AIG(Now supported by Federal Reserves) -> Merill Lynch(Also got bought over, still pending) -> Morgan Stanley -> First National City Bank -> Bank of America -> Federal Reserves -> Currency drops to 1/10th of current value -> America -> England -> Japan -> India.......-> 3rd WORLD WAR!!!
See the domino effect?
Lets square it down to the worst case scenario, 1/10th of the current US currency.
US$1 = S$1.43
1/10th = S$0.143 = US$1
WOW! How pathetic eh? Almighty US reduced to such bluburing shame. Well, its still fluctuating, nobody knows whos next.
This is just my analysis, if you think I'm wrong do tell me.
I THINK THAT IS SCARY!
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment