Economic Crash in Fall 2007 - Repost to correct video sync
Uploaded by: jpalme2000
Video Description:
Over the summer, the Dow Jones is going to look good and the underlying market is going to collapse. There will be a push by institutional investors to get small investors to buy shares in the DOW 30. Look for lots of rah rah to allow the institutional investors to abandon the Dow Jones without losing much money.
Meanwhile, more hedge and derivative funds will collapse. The investors in these funds are the mainline 401K and institutional organizations. They will scramble to move to "safe" investments like bonds and overseas securities.
The steep decline in the value of the dollar relative to other currencies will force overseas investors to liquidate their dollar holdings for those with a more stable valuation curve over time.
Increasing consumer costs will increase the foreclosure and debt defaults, forcing the market into a correction at the end of the third quarter.
Expect a large drop in value during the third/fourth quarter. This drop will come just before or right after a terrorist action in the United States or outbreak of hostilities in the Middle East.
By year end, the market will suffer a loss and the dollar should be at all time lows against all major currencies.
Tags for this video: 2007 crash economic fall in
Find more videos in the "News" category
See more videos uploaded by jpalme2000
Comments for this video: Show || Hide
Tell a friend:














Ron Paul is the only candidate who stands for a strong dollar and the constitution. Rest of them will make people "rich" by printing funny money. Ron Paul is America's last chance.
Median household income, change
Clinton: +1.7% per year
Bush: -1.6% per year
Number of Americans in poverty (average change per year)
Clinton: -800,000
Bush: +1.5 million
Number of Americans without health insurance
Clinton: +145,000
Bush: +1,885,000
Federal surplus/deficit (annual average):
Clinton: +$5 billion
Bush: -$350 billion
Vote Ron Paul
Its the end of the year and no collapse yet!!
As for the rest of your predictions- they were already well under way and seen by others. Don't get to thinking you're soo smart.
..this banking mess is ONLY going to get worse folks....