Monday, September 15, 2008

Financial Meltdown Underway in Amerikwa

Two of the biggest and oldest names in America for the previous century just cratered in the 'Kwa. If this keeps up the big bust won't be in 2009, it will be this year before Christmas.

Pretty soon you will see them run out of internal financing for the debt system altogether in the 'Kwa and that is when the huge fire sale will kick off, with nearly all U.S. companies going to foreign holders for cents on the dollar. The remaining wreckage of that country will make Argentina's collapse look like a minor hiccup.


Anonymous said...

Note Asia following US over the cliff - Seoul down 6%, Tokyo down 4.5%

Anonymous said...

"And the merchants of the earth shall weep and mourn over her; for no man buyeth their merchandise any more"

Rev 18:11

Right to hell with exotic credit "instruments", along with people who traded them.

I don't know what's up with me to reference bible so often on this site :)


Anonymous said...

Fat Albert v. the Japanese Ronald McDonald: