Economic crisis, California, Texas first to go own ways 2010

by SOLARLIFE | December 30, 2008 at 03:23 am
1618 views | 16 Recommendations | 5 comments

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The dept of the US will cause 43 US states to declare some sort
of bankruptcy  Q1/2009 or state chapter 11, if existing, like Iceland.
First states will think about not paying for others anymore

The trigger,  state sponsored or owned GM car industry with
a roaring $490bn revolver credits, leftovers from collapsed banks.
Debts have to be sold on the bond market, who will buy ?

The collapse of the Pay back scheme buy sub-prime mix Investment banks.
Now only business banks like BOA get their money from the people's

saving accounts, no big deal in sight.


War in Israel
Next president has to stop the payments of 3-5bn military aid to Israel.
In counteraction Wealthy pro Israel communities in the US will stop
their investments in the US, like the arab world did since 2001.


additonal information
Predictions of Panarin

"There's a 55-45% chance right now that disintegration of the U.S. will occur,"

Panarin predicts the United states will stop to exist in 2010. Individual states like California and Texas will go different ways. It starts when some states refuse to pay for others in the economic and moral crisis. The collapse will trigger a civil war and the eventual breakup of the USA -- very seriously. Now he's found an eager audience: Russian state media.

The other economy viewpoint: Russia went out of military industrial economy

US under Bush changed to military industrial war economy, poverty for all.





Mr. Panarin posits, in brief, that mass immigration, economic decline, and moral degradation will trigger a civil war next fall and the collapse of the dollar. Around the end of June 2010, or early July, he says, the U.S. will break into six pieces

"When I pushed the button on my computer and the map of the United States disintegrated, hundreds of people cried out in surprise," he remembers. He says most in the audience were skeptical. "They didn't believe me."

At the end of the presentation, he says many delegates asked him to autograph copies of the map showing a dismembered U.S

He predicts that economic, financial and demographic trends will provoke a political and social crisis in the U.S. When the going gets tough, he says, wealthier states will withhold funds from the federal government and effectively secede from the union. Social unrest up to and including a civil war will follow. The U.S. will then split along ethnic lines, and foreign powers will move in.


Link emilio lizardo

http://my.nowpublic.com/world/yet-another-professor-predicts-end-america

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0
merlingraycat

What a bunch of bull you know what!!!

0
SOLARLIFE

merlinggraycat...What a bunch of bull you know what!!! ....not so easy without sub-prime scam and no Investment banks to keep up US

0
Paschen

Interesting, this is the 5th post on Panarin, yet each does have a different twist to it. Tank you for putting in the link to Emilio his post who is linked to the other post. Well he will still stir some more dust and it won't be the first nor the last time that Panarin does it. Thank you for the post SOLARLFE.

0
SOLARLIFE

Paschen thanks for your constructive comment, would need a viewpoint from you too

1
Ed Brown

Woo! I'm pumped! Let the change began!

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Paschen
First Flagged at 5:05 AM, Dec 30, 2008 by Paschen
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