Feb 152010
From Australian TV ABC Lateline program. Economics reporter Stephen Long talks about the US sub-prime mortgage market , Collateralized Debt Obligations (cdos) and the collapse of two Bear Stears hedge funds, and the potential for this to set off a global credit crash.
Innoculations for polio and other vaccines were to blame where HIv was introduced without detection. Polio vaccines after the second world war killed our people. Thats because the nazis and the aristocracy are still attacking.
Tehy use the Labour aprty. The NHS led the way to infect 4 billion people, all havent noticed yet or said anything. This means the chines government wont land the west any more money, they arnt insured and wont pay anything back. Bankruptcy.
The High court in china has found the west continually guilty of genocide.
Its the Aristocracy who always use the socialist parties.
DNA tests show 4 billion people world wide now infected with HIV. 85% under the age of fifty with HIV, 81 % paedophillic, 50% herpes and 100% hIV at birth.
This is becasue of the Health service spreading this HIV plague and lies with it. They said HIV causes instant diarrhoea. It dosent or it would be called it. It said dont use herbalists thats no good.
just wait til the new ‘ninja mortgages’ arrive… there is a huge amount of debt still to arrive.
The global government agenda is still online from those in power… its not going to be decades.. its months away.
Whatever you believe.. its about anticipating and being aware of what the agenda is. Its not about seeing into the future but being aware of as much of the information possible.
unfortunately mister nostradamus nothing has happened.
Money will be frozen. The value of our money will fall to nothing, we will lose mortgaged homes in the multi-millions, and all civil liberties will be suspended. Massive numbers of citizens will be arrested and entire communities will be in lock-down. Mobility privileges will be suspended. Access to food and water will be restricted.
America is just waiting for a highly orchestrated kick in the head that will force her to full compliance of Global government.
Its an astonishing fact that an economy built on debt[USA] thought itself in a position to insure its own debt through monolines and credit swaps …..it’s as ridiculous as pushing on a steering wheel to make the car go faster
I live nextdoor to him.
A timely presentation .Thanks from New Zealand
Amen
I will try to remember that. Thank you.
You can put it in a box vault at any FI. The FI cannot touch your physical assets and liquidate them.
Yeah, but you better find a better place to hide it than in your mattress; you know they’ll pry it from your fists or bleed it out of you somehow.
You said it brother. That’s exactly the problem.
Buy Gold and Silver!!!
they dont own you shit. the president of U.S at that current time knew days before the attack that Japanese fleet was coming and didnt do shit about it, so i think that your old president owes yall all the money
thoes ships were paid off decades ago. The US imports most of its good, but has no money to pay for it because a system of credit was created. Its not the system of credit itself that was the problem, it was the fact that banks created the credit out of thin air, money that doesnt really exist. That is the federal reserve, a central banking system has yet to work properly that I know of.
it said where in debt with japan where the hell is the money they owe us from pearl harbor? thats probaly a few billin right there sinking our ships
Haha! Look at those idiots blaming it on the home loans as the root-cause problem. The FEDERAL RESERVE is the real problem!
Man, homeowners beware, you house price is collapsing big time!
“Traders, Guns and Money” by Satyajit Das is a great intro to derivatives and gives great insights into the culture of derivatives trading.
There is a book
Options, Futures, and Other Derivatives
A lot of it isn’t written though cuz hedge funds are private. Reading Wall Street Journal or Economist is good. Also, search “financial engineering”
Thank you for posting this. It’s great to get news from other parts of the world besides your own. The fast-food news broadcasts that we are accustomed to in the U.S. (due to the short attention span and collective ignorance of the population) don’t get into this much detail.
“A Whirlpool of Debt” – well said. Hedge Funds and Banks at risk? I’m all choked up!
Do you know any good sources for understanding these derivatives, especially – how they are related/influenced by interest rates, how they can result in losses, and who would suffer these losses?
anyone that buys real estate now anywhere in the USA is a fool 2001 prices coming soon buckle up