R
Rick
Guest
What do people make of this? Seems like every other forum on the web is discussing it except this one.
_http://gawker.com/5141450/americas-most-correct-internet-conspiracy-theorist-calls-next-market-crash
He was off by a day. And on September 15, 2008 there was a _http://www.youtube.com/watch?v=_NMu1mFao3w&eurl=http://cryptogon.com/?p=6816 $550 billion electronic run on the banks.
_http://seekingalpha.com/article/119590-russia-about-to-default-on-sovereign-debt-again
Russia About to Default on Sovereign Debt
And apparently European banks are _http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/4593539/European-banks-toxic-debts-risk-overwhelming-EU-governments.html. They will not be able to handle a Russian default on loans.
Now this Reinhardt fellow is also predicting a run on the bank following the pilgrimage of catholic power brokers in the organization, Legatus, to Bermuda due to end on Friday, the 13th.
His web site is _http://www.enterprisecorruption.com/]here. Now granted this guy thinks the pope controls the world finances and there's this huge catholic conspiracy going on, which is probably just a bit part of the pyramid scheme, he probably has some inside information. From what I've gathered from various other forums he's predicting a bank run following the market crash this week, probably due to a large corporate failure(s) which is based in the area where the Legatus members are meeting, Bermuda. Apparently, Bermuda is home to many large corporations. It's hard to track down this information, maybe because it's worthless, but thought I'd throw it out here in case others can spot something useful.
_http://gawker.com/5141450/americas-most-correct-internet-conspiracy-theorist-calls-next-market-crash
Wacky—and maybe financially beneficial—blast from the past: one anonymous nut on a Google Finance message board correctly predicted the day of the crash of 2008. Now that dude has another prediction, exclusively for you!
This guy nailed the September 15, 2008 market crash way back in July. Of course, he also attributed it all to a shady Catholic group called Legatus that controls the world, but that's a small matter. Money is money. Now he has identified himself, and he emails us this news:
February 09 2009
100% sure thing
market begins huge downfall
Do not say we didn't warn you
He was off by a day. And on September 15, 2008 there was a _http://www.youtube.com/watch?v=_NMu1mFao3w&eurl=http://cryptogon.com/?p=6816 $550 billion electronic run on the banks.
_http://seekingalpha.com/article/119590-russia-about-to-default-on-sovereign-debt-again
Russia About to Default on Sovereign Debt
The Nikkei newspaper has released a very troubling if not totally surprising story, that Russia will ask foreign lenders to reschedule loans worth $400 billion, potentially the equivalent of a debt default depending on how it is structured. Just a reminder, the last time Russia defaulted on its bonds it set off a cataclysmic chain of events that terminated with Long Term Capital Management's implosion and the first major Wall Street mediated rescue of the financial system. This report has already caused the euro in early Japanese trading to drop significantly against both the dollar and yen
“European banks may face more financial difficulties, given the Nikkei’s report that Russian banks may negotiate a debt rescheduling,” said Yuji Saito, head of the foreign-exchange group in Tokyo at Societe Generale SA, France’s third-largest bank by market value. “It is natural that the euro is sold” to $1.27 and 117 yen today, he said.
According to Bloomberg:
The Russian Association of Regional Banks has submitted a plan for rescheduling loans to the Russian government, the Nikkei newspaper said, citing an interview with Anatoly Aksakov, the head of the association. The group is already in talks with HSBC Holdings Plc and Deutsche Bank AG, the Nikkei reported.
A $400 billion dislocation in credit markets is not what the global economy needs. However, we have no doubt that the equity market will have already factored this news and rise accordingly to new depression highs today.
And apparently European banks are _http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/4593539/European-banks-toxic-debts-risk-overwhelming-EU-governments.html. They will not be able to handle a Russian default on loans.
Now this Reinhardt fellow is also predicting a run on the bank following the pilgrimage of catholic power brokers in the organization, Legatus, to Bermuda due to end on Friday, the 13th.
His web site is _http://www.enterprisecorruption.com/]here. Now granted this guy thinks the pope controls the world finances and there's this huge catholic conspiracy going on, which is probably just a bit part of the pyramid scheme, he probably has some inside information. From what I've gathered from various other forums he's predicting a bank run following the market crash this week, probably due to a large corporate failure(s) which is based in the area where the Legatus members are meeting, Bermuda. Apparently, Bermuda is home to many large corporations. It's hard to track down this information, maybe because it's worthless, but thought I'd throw it out here in case others can spot something useful.