In the light of recent happenings, we see big banks thousand of miles away crumbling down as they high priced paper assets reduced into pile of worthless paper no better that toilet papers. Due to their own greed, they crumbled on their feet trying to get a grasp at anything they can get to cover themselves from the financial apocalypse which they have started. An economy which is built on deception and deceit full of unscrupulous monetary institution creating monetary vehicles to generate income out of thin air based on accounting book entry basis.
10 years back we too suffer economic hardships due to those pirates who plunder our wealth and putting it in their pockets by sleight of hand, by flight of capital. In merely few months, years of toil by our people reduced into dust as if someone is robbing our nations wealth. The economic downturn not only hit our nation, but even every sovereign nation in the region. These are the works of what I call Economic Terrorist. Looting and plundering our wealth in such a way that even the law of our sovereign country couldn't catch.
And now due to their greed, they crumble into ashes, and requesting their political leaders to give a helping hand by nationalizing private debt. By means, government bailouts of private debts. The public has been forced to pay their hard earned money to pay debts created by sleight of hand of financial magicians. How can you pay debt consist of trillions of dollars with a few billions. While the good American people suffer, those Economic Terrorist still live in their big mansions with drivers and cheering on the suffering of others. The American people has been led to astray by these financial giants with the offering of cheap debt like carrot on a stick. People start to live above their means by utilizing cheap debt.
Now, the American people as the largest consumers in the world has lost their buying power. As the value of dollar declining, they buying power too. It will impact other nations such as us. Resulting slower growth in our region.
After they terrorize us 10 years ago, now they're terrorizing the American people and the global population. What we've seen is just the tip of the iceberg. More shall prevail in the coming months.
Are we ready for the global financial meltdown ? We are being terrorized economically and it is an economic assault. This financial meltdown is far more powerful than any other nuclear bomb ever created. Millions will die due to starvation, millions will die due to bad living conditions, million will die due to neglect, millions will die due to petty crimes, and the numbers are unimaginable due to the sheer size of its effects. This Economic chemically toxic biological nuclear bomb will affect millions of the world populations. This bomb will affect everyone socially and economically. Poverty will lead people to unthinkable things and breeding fascism as what we have seen in history books such as the rise of the Third Reich in Germany 60 years ago.
Someone is engineering this global financial meltdown phenomenon and they have nothing to lose. The rise of fascism will lead to war and more unthinkable events. Think deep and think hard, be wise and prudent, the storm is just brewing and the world financial fundamentals are shaking...... and maybe the tides of war might be coming too...