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View Full Version : FED: from BLOOMBERG, FDIC may go insolvent this year




BarryDonegan
03-05-2009, 02:31 PM
http://www.bloomberg.com/apps/news?pid=20601103&sid=alsJZqIFuN3k&refer=news


if the inflation doesn't stop the deflation, we may have a total banking collapse on our hands like in the great depression.

RevolutionSD
03-05-2009, 03:07 PM
http://www.bloomberg.com/apps/news?pid=20601103&sid=alsJZqIFuN3k&refer=news


if the inflation doesn't stop the deflation, we may have a total banking collapse on our hands like in the great depression.

And if we have that much inflation, we will have hyperinflation which will result in a total collapse. :eek:

UtahApocalypse
03-05-2009, 03:18 PM
Thats the plan they have.....

Crash the Economy, Kill the Dollar, Cause Depression

Step two is too explain how a "Global Economy" is the salvation.

Mattsa
03-05-2009, 03:49 PM
Thats the plan they have.....

Crash the Economy, Kill the Dollar, Cause Depression

Step two is too explain how a "Global Economy" is the salvation.

Their arrogance will bring them down.

There isn't going to be a one world government, a one world currency and a global communist system without there being violent revolution all round the world.

It's up to the people now

And we outnumber them........A LOT

They aren't gonna get away with it

emazur
03-05-2009, 03:59 PM
If everyone saw this article it could lead to a run on the banks. Here's an interesting quote from within:

Smaller banks are outraged over the one-time fee, which could wipe out 50 percent to 100 percent of a bank’s 2009 earnings, Camden Fine, president of the Independent Community Bankers of America, said yesterday in a telephone interview.

It's almost like they're trying to drive out competition in the banking system - no small bank would want to compete if there was no profit to be had

speciallyblend
03-05-2009, 04:01 PM
so if i have 10,000 grand, what should i do with it?? buying gold and silver doesnt seem like a good option this late in the game.

PatriotLegion
03-05-2009, 04:03 PM
The banking system.



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Of the Earth,

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roho76
03-05-2009, 04:25 PM
Take it from Kenny he knows what's up.
http://www.youtube.com/watch?v=tu5W9G8s9YQ