World facing worst financial crisis in history, Bank of England Governor says

October 7th, 2011

FAKE NEWS for the Zionist agenda

James Kirkup
London Telegraph
October 7, 2011

The world is facing the worst financial crisis since at least the 1930s “if not ever”, the Governor of the Bank of England said last night.

Sir Mervyn King was speaking after the decision by the Bank’s Monetary Policy Committee to put £75billion of newly created money into the economy in a desperate effort to stave off a new credit crisis and a UK recession.

Economists said the Bank’s decision to resume its quantitative easing [QE], or asset purchase programme, showed it was increasingly fearful for the economy, and predicted more such moves ahead.

Sir Mervyn said the Bank had been driven by growing signs of a global economic disaster.

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7 Responses to “World facing worst financial crisis in history, Bank of England Governor says”

Money Printing got the world into this mess, and as if by magic Printing even more Money will fix everything.

It’s like eating rotten tomatoes that makes you sick, and the doctor prescribes eat more rotten tomatoes to make you feel better.

Greyfox Reply:
October 7th, 2011 at 3:11 am

Good example with the rotten tomatoes
I see the situation like this-the FED bankers in America spread all over the world rotten tomatoes hoping that no one would understand where are the tomatoes coming from
So its either fair trade and peace or big theft and big war;you cant have both at the same time,and you cant have slavery and trade at the gunpoint and claim it is a “democracy”
I think they would have to drop the microchips idea because slavery doesnt work in a democracy
Yeah, it certainly doesn’t look good. I like to look at it through the worth of gold, which gives me a more clearer picture of what’s going on. If they inject more worthless currency will it drive the cost of gold higher ? You can bet on it, and this in turn shows just how degraded the world’s currency really is. We can’t go by the cost of oil, because it’s refined in other countries like Venezuela. So, the only “marker” we can judge by is gold. If it doesn’t go back down to below a thousand dollars an ounce, we’re doomed.

Huggles Reply:
October 7th, 2011 at 3:35 am

But that reporter on CNN said the dollar is better than gold because it is backed by the US government 😛
he oughtta know, he’s accomplice to engineering this fraud!
Sounds more like, “We’re getting screwed by Soros, again!”

Please, print more money.

Please!

I need something a bit stronger than this brand of toilet paper I’ve been using!
Good this corrupt system needs to be tore down.

Then recbuilt with integrity and honesty and 0 inflation.

So the muslim banking system 😀