Friday, September 19, 2008

US Financial Markets Collapse

The World as we know it has changed
by Edmund Conway
Telegraph UK

All eyes are on the financial system, and rightly so. If its collapse continues for much longer the very real risk is that the world faces an economic slump of the likes not seen since the 1930s, with all that entails: mass unemployment, economies shrinking for years rather than mere quarters, protectionism which provokes serious geopolitical turmoil – the possibilities are so horrific it is painful even to write them.

The last time there was a comparable period of economic and financial turmoil, coupled with record inequality both within and between nations was – well, that was the 1930s.

The Securities and Exchange Commission took the dramatic step early Friday of temporarily banning the routine practice of betting against company stocks.

The move, announced on the agency's Web site, may well be unprecedented and a reflection of regulators' concern about the widening scope of the financial crisis as entreaties come from all quarters to stem a swarm of short-selling.


Anonymous said...

The current state of the world's financial psychotic tremor has brought a whole new take on the Rasta man's chant, BABYLON is falling!

First America's two front teeth were knocked out and the smile and with that the pride of her global economic and strategic geo-political power.

Then the vibration resonated on Wall Street. Brings a whole new prophetic dynamic to the Biblical Prophecies.

Does America know her true spiritual identity. If so she known what her fate is. If not she will soon find out. over 100 000 000 enslaved African souls are crying out from the ocean and under the financial centres of Wall Street.

Time to atone America... Memorial Blowing of the trumpet and Yom Kippur are upon you.

Judgement day is upon you!

Watching from over the pond....where your mother and father came from.....Selah

yahsprincess said...

I know...We are doomed over here in the USA..
Babylon is in deep trouble.
I walk with YAH,so I am praying all the time.

This land is demonic.