Many agree the current financial system is unsustainable the question is how much longer can this last? With out the much needed QE from the central banks how much longer can this economy truly last? And what event will trigger global meltdown? Thanks for watching and subscribe for weekly updates. Follow me @ Fabian4Liberty

www.peoplestandup.ca Meltdown The credit crunch The global financial crisis (GFC) or global economic crisis is commonly believed to have begun in July 2007 with the credit crunch, when a loss of confidence by US investors in the value of sub-prime mortgages caused a liquidity crisis. This, in turn, resulted in the US Federal Bank injecting a large amount of capital into financial markets. By September 2008, the crisis had worsened as stock markets around the globe crashed and became highly volatile. Consumer confidence hit rock bottom as everyone tightened their belts in fear of what could lie ahead.

www.peoplestandup.ca by Terrence MdKenna’s voice that this is from “DocZone,” a CBC.ca The credit crunch The global financial crisis (GFC) or global economic crisis is commonly believed to have begun in July 2007 with the credit crunch, when a loss of confidence by US investors in the value of sub-prime mortgages caused a liquidity crisis. This, in turn, resulted in the US Federal Bank injecting a large amount of capital into financial markets. By September 2008, the crisis had worsened as stock markets around the globe crashed and became highly volatile. Consumer confidence hit rock bottom as everyone tightened their belts in fear of what could lie ahead. The sub-prime crisis and housing bubble The housing market in the United States suffered greatly as many home owners who had taken out sub-prime loans found they were unable to meet their mortgage repayments. As the value of homes plummeted, the borrowers found themselves with negative equity. With a large number of borrowers defaulting on loans, banks were faced with a situation where the repossessed house and land was worth less on today’s market than the bank had loaned out originally. The banks had a liquidity crisis on their hands, and giving and obtaining loans became increasingly difficult as the fallout from the sub-prime lending bubble burst. This is commonly referred to as the credit crunch. Although the housing collapse in the United States is commonly referred to as the trigger for the global financial …

Go to bobchapman.blogspot.com for more Bob Chapman videos Bob Chapman – The Financial Survival 04 Nov 2011

Go to bobchapman.blogspot.com for more Bob Chapman videos Bob Chapman – The Financial Survival – 17 Oct 2011

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Alex welcomes back to the show former trader and television host and commentator Max Keiser who will talk about the collapsing economy and other issues related to the globalist financial takeover. Alex also takes your calls. maxkeiser.com www.infowars.com www.prisonplanet.tv www.infowars.net www.prisonplanet.com

Alex welcomes back to the show former trader and television host and commentator Max Keiser who will talk about the collapsing economy and other issues related to the globalist financial takeover. Alex also takes your calls. maxkeiser.com www.infowars.com www.prisonplanet.tv www.infowars.net www.prisonplanet.com

Go to bobchapman.blogspot.com for more Bob Chapman videos Bob Chapman – Financial Survival 16 Sept 2011