Global Financial Crash Imminent, MF Global Is The First Of Many!
Politics / Financial Crash Nov 01, 2011 - 10:51 AM GMTBy: Submissions
John Rolls Submits: To all Patriots:
If you haven't yet heard, financial firm MF Global filed for bankruptcy. John Corzine, the ex Gov. of NJ, was chief of Goldman Sachs and left to run MF Global. There is somewhere between $700 million and $1 billion missing. However, there may be a 'deeper end' game being played out here.
Molly has zero expertise in this area however, below is a stunning article by Ann Barnhart who argues that the collapse of MF Global IS the beginning of a 'planned' crash of the entire financial system. For your own financial safety and future, please read her article & then, REPLY TO Molly your thoughts and she will pass them on.
For the record, Molly again is NOT savvy at all in this but here's what appears to be going on (based on Ann Barnharts below article).
1. This is the beginning of the end of the economic system orchestrated by what Ann Barnhart calls 'evil people' who want to consolidate power in their hands.
2. They are/will do this by collapsing the European economy first (a la Corzine's investments) and their bonds, then buying into them at pennies on the dollar and having the EU 'redeem' or prop them up.
3. The European 'strategy' however is but the beginning of the larger effort to drive out any 'smaller players' in the US market and then have the Obama administration along with the Goldman Sachs players who work/worked for Obama collapse the American economy so that they would be the 'last man standing' financially.
4. With the small financial entities now bankrupt, 'Mr. Big' players, including George Soros, after seeing the American dollar collapse, will then reissue 'new' money (via Executive Fiat) and in the Chaos, with people pleading for 'stability', then activate the 'bottom up', 'top down', 'inside out' Cloward & Piven collapse of the entire American system.
5. This economic catastrophe of the collapse of the US financial system will cause exactly what Obama and his backers have always had as their ultimate goal, the collapse of the American government and a call for 'stability', exactly what happened before Hitler came to power in 1932 and in Czechoslovakia because the people were starving in the streets and called for 'order'.
6. This will allow Obama to cancel elections after declaring martial law.
YOUR THOUGHTS????
From a Colleague:
What's Happening?
Here it is ....
Nutshelling the MF Global CollapsePosted by Ann Barnhardt - October 31, AD 2011 11:14 AM MSTYes, I called it late last week and strongly urged MF customers to make a hasty exit stage right, but I absolutely did not see what happened this morning coming. This is utterly unprecedented. The Chicago Mercantile Exchange issued an email circular this morning (I received mine at 8:39 am MDT) stating that all MF Global positions were limited to LIQUIDATION ONLY and all MF employees and brokers and traders were banned from the floor of the exchange.1. As I mentioned last week, MF Global came to its present form back in 2005 when the then-biggest clearing firm, Refco, imploded and was bought by EDF Man. The new, huge firm was then renamed MF Global. When Refco imploded in 2005, NOTHING like this happened. It was a relatively smooth transition, trading was not interrupted, and most of the Refco employees were absorbed into the new company. There was absolutely NO interruption of customer access to positions.
© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.
