Dreaming of Moshiach

Tuesday, November 06, 2007

Dollar is in "Do or Die Position"

Every since the dream Banks Bankrupt, many readers have emailed me information regarding the anticipation of the arrival of wealth destruction and financial collapse.

Honestly, I don't know much about the money market, wall street, or banks. I'm not interested to learn either. What I do know is that Shamayim told me to remove all donations for the building of Tzion for Devorah HaNevia, a'h, from the bank and that's what I did, immediately.

Instead of writing a whole long article about the encroaching tidalwave of the world-wide financial market that is rippling through the world, I'll just link some of the latest financial news and you can do the math!

Markets fear banks have $1 trillion in toxic debt
http://news.independent.co.uk/business/news/article3132507.ece

Citigroup CEO Prince to resign
http://www.reuters.com/article/topNews/idUSN0233640620071103?feedType=RSS&feedName=topNews

Empire of Debt: The Great Unraveling Begins
http://www.oftwominds.com/blog.html

Federal Open Market Committee drop its official target rate for overnight bank loans on October 31
http://www.lewrockwell.com/north/north582.html

The Next Worry: Bond Insurers
http://www.businessweek.com/bwdaily/dnflash/content/oct2007/db20071031_063325.htm?chan=search

"The Empire of Debt is crashing, and it won't take months for the global financial markets to react. For alas, the money's already lost."
Charles Hugh Smith, November 2007

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והיה השם למלך על כל הארץ, ביום ההוא יהיה השם אחד - ושמו אחד ישתבח שמו לעד לנצח נצחים בכל העולמות Blessed is His name for eternity in all worlds אין עוד מלבדו