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IMF ADVISOR Says We Face A Worldwide Banking MELTDOWN Within 2-3 WEEKS

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Segami Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 11:30 AM
Original message
IMF ADVISOR Says We Face A Worldwide Banking MELTDOWN Within 2-3 WEEKS
 
Run time: 04:22
https://www.youtube.com/watch?v=6UGDTtqklSo
 
Posted on YouTube: October 05, 2011
By YouTube Member: nsotd4
Views on YouTube: 30196
 
Posted on DU: October 07, 2011
By DU Member: Segami
Views on DU: 3424
 

" Dr. Robert Shapiro who advised Presidents Clinton and Obama and who currently advises the IMF predicts a cascading meltdown of the World's banking system starting with Sovereign debt in the Eurozone, affecting the UK then finally bringing down the global banking system.

The clip was aired October 5, 2011 on the popular News show Newsnight with the corporation's top interviewer Jeremy Paxman.


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mod mom Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 11:43 AM
Response to Original message
1. Yikes!
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tama Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 12:24 PM
Response to Reply #1
10. No fear, it's what we want nt
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roguevalley Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 01:59 PM
Response to Reply #10
15. I paid off my element today. at least I can drive to the poor house.
a meltdown will make OWS look like a game.
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tama Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 02:33 PM
Response to Reply #15
18. Squat a mansion
I hear there are lots of them for-closed and empty. Owned by make-believe imaginary owners called "corporate persons" who don't have even the papers to prove their make-believe ownership, and with meltdown of capitalistic institutions, they are sure as hell public property. And cool, you got a car, you can start public transport where needed - and I hear making gazoline from this and that is actually very simple and easy, search the net. :)

PS: remember this: "Do not ask what your country can do for you, ask what you can do for your country!"?

Peace and love
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notadmblnd Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 04:52 PM
Response to Reply #18
23. Are you kidding? Do you have any idea what it takes to keep one of them clean?
No, I'll squat in a little 1200 square footer any day.
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tama Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 05:41 PM
Response to Reply #23
25. That's why
Edited on Fri Oct-07-11 05:42 PM by tama
you squat mansions with intentional community - with the communal intention and purpose of cleaning up your mess and feeding and entertaining you.
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KansDem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 11:51 AM
Response to Original message
2. Not this again!
:eyes:

Okay, fellow taxpayers...time for "TARP: The Sequel"

Wonder how much in bonuses will be given this time?
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Segami Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 12:12 PM
Response to Reply #2
7. Yup. They are prepping the first act of the coming Theatre for all to see.
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mod mom Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 12:45 PM
Response to Reply #7
12. Well they haven't received any taxpayer bailouts in a while.
They are definitely overdue...it's almost bonus time!
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Pharaoh Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 12:07 PM
Response to Original message
3. kicking for later.
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Moostache Donating Member (905 posts) Send PM | Profile | Ignore Fri Oct-07-11 12:08 PM
Response to Original message
4. FUCK THEM ALL....TIME FOR A GLOBAL RESET!!!!
NO. We will NOT bail out a single bank again without 100% removal of ALL board of directors and executives above the level of division manager. These fuckers can all go straight to hell and I am not going to allow my government to give them a dime without first facing massive civil unrest.

JUMP FUCKERS!!!!
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Badsam Donating Member (153 posts) Send PM | Profile | Ignore Fri Oct-07-11 12:10 PM
Response to Original message
5. I might take a little cash out of the bank this week,
If banks go down, do they lock the doors and turn off the lights.
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femrap Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 12:20 PM
Response to Reply #5
9. good idea. nt
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Delphinus Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 12:10 PM
Response to Original message
6. Recapitilize the banks, hmm?
The same way we did it three years ago, when so many of us were in an uproar and shouted "No!" and were not heard?
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nichomachus Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 12:18 PM
Response to Original message
8. Give us all your money -- or your economy gets it.
Just like thieves everywhere. This whole crisis was manufactured by the IMF. This is their M.O.
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tama Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 12:28 PM
Response to Original message
11. Let it fall
Edited on Fri Oct-07-11 12:29 PM by tama
That's why people are occupying Wall St and all over the globe. Getting together to discuss and create another world, after this system of greedy myopic banksters destroys itself.
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defendandprotect Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 01:04 PM
Response to Original message
13. People's banks -- credit unions -- presume something will be left?
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greiner3 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 01:49 PM
Response to Original message
14. I read this video as;
A warning shot over the bow of the EU, specifically Germany.

Maybe, just maybe, BRICK China-Brazi-India, will be able to prop up the banking system with huge amounts of cash. But this will give them a huge chunk of what is left of the world's economy.
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robertpaulsen Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 02:25 PM
Response to Original message
16. Here's a suggestion for the IMF, WTO, World Bank & anyone else asslicking the 1%
UNIVERSAL DEBT FORGIVENESS!!!

You want to solve the debt "crisis"? Get a fucking eraser! That means third-world debt too, you racist motherfuckers!
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bulloney Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 02:26 PM
Response to Original message
17. Any time someone gives a specific time frame on something disastrous, it never happens.
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Segami Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 02:37 PM
Response to Reply #17
19. I believe the specific time frame on the banking meltdown is irreverent and has more
to do with prepping the public's psyche for another bailout impact. In the coming days, lets see if more talking head ' authorities ' come out and spew the same talking points.
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Plucketeer Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 02:38 PM
Response to Original message
20. Time for gold coins
stuffed in my mattress.
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Segami Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 02:39 PM
Response to Reply #20
21. Where do you live? LOL.
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Plucketeer Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 04:48 PM
Response to Reply #21
22. On US soil.
izat good enough? LOL
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notadmblnd Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 04:55 PM
Response to Reply #20
24. must be awful uncomfortable sleeping
:shrug:
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Plucketeer Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 08:37 PM
Response to Reply #24
26. Not at all!
It has curative powers like you wouldn't (rightfully) believe. Just imagine - if a stainless steel or copper bracelet can cure your ills, imagine what sleeping on top of gold can do! In fact, if I had some right now, I just know I could cure my debts with it.
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