Saturday, October 25, 2008

Financial Armageddon

I just read a very good post on Financial It discusses Volvo, the worlds second largest truck maker, and how they "won just 115 European orders in the third quarter down from 41,970 a year earlier". WOW !

If that doesn't tell you that we are in a very bad situation no thing does.

CLICK HERE to read the post. It is well worth the time.

Good Luck and Good Currency Trading.



Blogger Seven Star Hand said...

Hey Banker,

So, why should all of humanity be forced to suffer and struggle any longer, now that the entire global financial system has been exposed as a mind-boggling deception within many other deceptions? No one in their right mind would continue to be enslaved by a proven deception, which is also proven to be undeniable slavery-by-proxy !!!

The derivatives scams alone have grown to more than 10-times the entire global GDP (at last counting) and are now failing because the scam/pyramid scheme broke and exposed the deception for all to see. A significant portion of global wealth and power was created and propped-up using these and other now-proven smoke and mirrors and house of cards illusions and delusions.

These deceptions have grown many times larger than the rest of the entire world economy. Consequently, there is no way that all of the world's governments combined, who themselves borrow so-called "money" from other central-bank smoke and mirror deceptions, can solve this debacle, by using more smoke and mirrors money scams. The only solutions they are offering will take centuries to repay, if ever.

Here is Wisdom...

11:40 PM  

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