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Re: KELLYCO post# 417

Monday, 01/16/2012 7:20:54 AM

Monday, January 16, 2012 7:20:54 AM

Post# of 434
The only way a new banking system can be revealed or implemented is to literally destroy the existing one, and that would not be too pretty for us or the world.

I do think it will eventually get to that point, sooner than later. We are in the midst of a debt crisis in which there is no way out. Things will "look" like they are ok in the first quarter or two of 2012 then the whole floor will fall out the second half of the year as the reality of what has been masked since 2008 is revealed.

All they did is put a nice coat of paint on a rotting piece of wood.

The sign that things are getting real close to the collapse, in other words the last thing to go before the crap hits the fan is "earnings". Once we start to see companies announcing weaker than expected earnings and then eventually no earnings then we are entering the bottom of the 9th.

Dillution of the dollar and stimulus, quantitative easing or whatever you want to call it can only mask the problem for so long.

I Hope Im wrong but 2nd half of 2012 could be scary...maybe the Mayans were right afterall!



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