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September 12th, 2011 
FAKE NEWS for the Zionist agenda 
Patrick Allen
CNBC
Sept 12, 2011
Carl Weinberg, the chief economist at High Frequency Economics is very worried about Europe. His central forecast is that the debt crisis will lead Europe into a depression that will mean soaring unemployment, deflation and zero interest rates for the foreseeable future.
After months of inaction, Weinberg believes the time to stop a Greek default has now passed. He believes that once it becomes clear that Greece has defaulted, the market will quickly come to the realization that other euro zone members like Portugal, Ireland, Spain and Italy will be allowed to fail as well.
With the so-called PIIGS (Portugal, Ireland, Italy, Greece and Spain) sitting on 3 trillion euros in debt, Weinberg is assuming losses could ultimately hit 50 cents in the euro, leading to a 1.5 trillion euro hit to the financial system.
This will in Weinberg’s opinion force banks to stop lending. Governments will then be forced to bail them out, elevating debt-to-GDP ratios for national governments to “horrific levels”.
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6 Responses to “No Hiding Place From Crisis Bigger Than Lehman: Economist”
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Hopefully, the U.S. will default as well.
Gee, what will happen to all those Federal “workers?”
As they cannot transfer their “skills” and “experience” to the private sector, they’ll have to do what they do best.
“Do you want fries with that?”
dhsn Reply:
September 12th, 2011 at 9:18 am
What they are best at is theft and destruction. Beware. Be armed.
American Dystopia Reply:
September 12th, 2011 at 11:31 am
Exsactly! Burger joint tellers have good attitudes, federal workers could never do their jobs. Out of work federal workers are going to riot, burn and steal just like they’re doing in the PIIGS.
Bacchus Reply:
September 12th, 2011 at 9:20 am
Don’t sound like no Happy Meal. What’s with all those Zombie movies?
ectoendomezo Reply:
September 12th, 2011 at 9:54 am
BINGO!
SPOT ON DUDE!
I AGREE 100%
IT AMAZES ME THAT SO FEW SEEM TO REALIZE THAT “RECOVERY” IS LITERALLY..AS I SAY CONSTANTLY…LITERALLY..THE “WORST CASE SCENARIO”.
“RECOVERY” IS AGAIN..LITERALLY..THE DIRECT AND 100% ACCURATE EQUIVALENT..NO ‘ANALOGY’..NO ‘METAPHOR’…BUT THE EXACT…EQUIVALENT OF:
“GIVING DENIS RADER A SIGNED CHECK FOR AN ALMOST UNLIMITED AMOUNT OF MONEY AFTER FINDING HIM GUILTY.”
LITERALLY.
“RECOVERY” IS CODE FOR:
“REWARDING MASSIVE AND…MURDEROUS…FAILURE”.
IT IS ALSO…A RARE “PERFECT” EXAMPLE OF THE OLD AXIOM OF THE “DEFINITION OF INSANITY”:
“DOING THE EXACT….EXACT…SAME THING OVER ND OVER AGAIN…AND EXPECTING….DIFFERENT RESULTS.”
IF “RECOVERY” WERE TO HAPPEN..THE REALITY IS VERY SIMPLE AND VERY GRIM:
“CEMENTING” OF THE CORPORATE FASCIST STATE.
LITERALLY…STATING:
“ROVING WIRETAPS? TORTURE? PRESIDENTIAL ‘DECREES’? REVOLVING DOOR SO CORRUPT IT IS SIMPLY OVERWHELMING? POLICE BRUTALITY? SECURITY STATE? ELECTRONIC VOTING BOOTHS WITH NOW CONSTANT AND OPENLY CORRUPTED ‘SECURITY’? OH..OKAY…THA WORKS SO GOOD WE’RE GONNA ALL BE FINE WITH THAT JUST..CONTINUING ON INDEFINITELY..COOL..AWESOME..MORE OF THE SAME AND WORSE BECAUSE NOW THOSE WHO..WANT THAT KIND OF..UMM..”DEMOCRACY” CAN CROW ABOUT HOW GREAT IT IS…”
NO!
UNEQUIVOCALLY……..NO!
I HOPE AND “PRAY” FOR COLLAPSE.
FOR THE ABSOLUTE REASON ABOVE..THAT “RECOVERY” WOULD CEMENT THE CORRUPTION AND THE CORPORATE FASCIST NIGHTMARE..
BUT ALSO..BECAUSE IT IS:
“DE FACTO TAX PROTEST”.
THIS IS THE ELEPHANT IN THE ROOM FOR THE AMERICAN “CITIZENS” TOO COWARDLY AND LAZY AND IN TOO DEEP OF A STATE OF DENIAL TO..ADMIT..THEIR OWN COMPLICITY IN EVERY MOMENT OF THE NIGHTMARE AND TAKE ACTION BY REFUSING TO PAY….INSTEAD..THIS IS “WE WILL NOT PAY FOR A SECURITY STATE BECAUSE WE……CAN’T”.
AND THAT..IS FINE WITH ME.
FOR WHEN IT COMES TO “THE LAST CIVIC PROGRAMS” LIKE “CLEAN STREETS…WATER TREATMENT..FIRE DEPARTMENTS…SCHOOL LUNCH PROGRAMS..LIBRARIES….”VERSUS”:
“A CAMERA ON EVERY CORNER”…”FUSION CENTER ‘OVERTIME’ FOR LOCAL ‘LAW ENFORCEMENT’ TO PROVIDE ‘DATA’ ON EVERY LOCAL CITIZEN TO ‘TALON’ OR ‘ECHELON’ OR WHATEVER THEY’RE CALLING THEIR ILLEGAL MASS SURVEILLANCE AT THE TIME…WELL?
THOSE SAME “CITIZENS:” WHO ARE TO COWARDLY AND LAZY TO ACT IN DEFENSE OF THEIR OWN FREEDOM AND “KNOWINGLY” REFUSE TO FINANCE THE CORPORATE FASCIST SECURITY STATE….WELL..THEY..BEING LAZY AND STUPID AND STAGGERINGLY SELFISH…WILL..TO A MORAL CERTAINTY…….”CHOOSE” THE “PROGRAMS” THAT “GIVE THEM SOMETHING” INSTEAD OF….OR “OVER” THE POINTLESS ILLUSION OF “SECURITY”.
ECONOMIC COLLAPSE THUS BECOMES THE BEST HEDGE AGAINST THE CORPORATE GOVERNMENT POLICE STATE.
AND IT ALSO ACTS AS A WAKE-UP CALL TO THOSE LAZY COWARDS CALLING THEMSELVES “AMERICANS”.
“THIS IS THE REALITY..SEE? SCHOOL LUNCH PROGRAM AND FIRE DEPARTMENT OR? SO-CALLED..’SECURITY’?”
YUP!
IF THE “PEOPLE” REFUSE TO SIMPLY NOT PAY…THEN I WILL GLADLY ACCEPT “CAN’T PAY”.
IN LIEU OF ORGANIZED TAX PROTEST I’LL GLADLY ACCEPT DIS-ORGANIZED TAX PROTEST IN THE FORM OF..”NOT ENOUGH MONEY TO GO AROUND..SORRY..”
AND FINALLY…TO ALL YOU GOVERNMENT EMPLOYEE’S AND SNITCHES AND MAGGOTS?
WELCOME TO THE REALITY OF “WHAT YOU BUILT AND WHAT YOU WANT”.
THIS IS….YOUR….FAULT. THIS IS THE REALITY…OF A SECURITY STATE. EXPENSIVE AND FALSE AND UTTERLY AND TOTALLY…….DESTRUCTIVE.
WELCOME TO WHAT YOU WANTED.
let the water seek it’s own level…
everyone is a gravity savant…
these are the forecasters of our doom…
when it’s ONLY THEM who will suffer because of their demise…
let them die off….TIMBER…(I hope Goldman goes early)
hey…lizard…be a good reptile and let the dinosaurs die off…
ya wanna evolve doncha?
(if you don’t shed your skin…you’ll never get bigger)