Those 232,000 jobs which have been eliminated from the U.S. economy

[whistle]

...in the last three months will be said to trigger the largest economic melt-down since the great depression of the 1930s.

My question is why would a depression of this scale happen now in the U.S. and possibly throughout the world's developed economies unless it was deliberately engineered?

[DJ13]

1. Stupidity of so called economic experts is not necessarily deliberate

They forgot the lessons of the Great Depression, that regulatory firewalls between various financial segments were necessary to prevent the corruption of our financial system.

Put another way, why would they deliberately "engineer" a financial collapse that leads to their own ill gotten fortunes being worth a warm bucket of spit?

[NMDemDist2]

2. ding ding ding we have a winner!

nicely said!

:applause:

[Art_from_Ark]

4. Actually, they did learn from the Depression

They learned that during a depression, the people who suffer most are those at the bottom of the economic ladder, like dirt farmers from Oklahoma. The people with money start buying up properties and assets real cheap. If anyone complains too loud, the army or similar authority can be sent in to "restore order", as what happened with the "bonus marchers" in 1932.

[AdHocSolver]

3. The way you make profit is by buying low and selling high.

You accumulate stock when the price is low, manipulate its price upwards, and sell high. If the price stays high, you cannot repeat the process. It is necessary to force the stock price down, so that you can buy it at a low price.

Example: JPMorgan waiting for Bear Stearns price to plummet so that they can acquire it for peanuts. Then a few years later, when the stock market "recovers", you sell your shares for a huge profit.

Forcing the stock price down, after you have made a huge profit from selling it, is part of the process.

These insiders are not stupid. They are merely consummate liars. The public is populated with a bunch of suckers.