Monday, August 29, 2011

Market crash 'could hit within weeks', warn bankers

I've been reading and re-reading this article (and the accompanying comments) over the past few days, and was reminded of it when posted a link to it yesterday.  While it's hard to know how to interpret media stories at times (as in what the real reason behind the story is) if you take the various people quoted at their word it is a truly harrowing article. 
For example:

QUOTE: "I think we are heading for a market shock in September or October that will match anything we have ever seen before," said a senior credit banker at a major European bank'

If you read some of the various online survival forums you'll notice that quite a lot of people seem to believe that there is an intentional attempt to collapse the current system in order to replace it with something else.  I'm wondering if maybe they're on to something... 

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