Sunday, December 11, 2005

Coming world recession

The American Federal Reserve Board of Governors decided on November 10th that they will stop reporting the M3 as of March, 2006.

For those who don't know the M3 is the quantity of money they print into ciruclation. As they print more and more money, what we have in our hands is all worth less.

The fact that they have done this is extremely strange. Why would they do this? The only reason that I can think of is that they are going to be printing loads of money for some reason and they need to hide it. After the Treaty of Versaille Germany needed to do just that to pay off all their debt. This lead to hyperinflation which made a wheelbarrow of money worthless as it couldn't even be enough to buy a loaf of bread.

So why would they want that? I don't understand the reasoning behind it. Maybe they can think they can get away with printing more money without the world finding out. Maybe it is just to save a bit of money for not reporting it. If that is the case it will still lead to investors pulling out of the dollar as it will be a very unreliable currency which will devastate the American economy which would also destroy the economies of the rest of the world putting the world into an even worse recession than the 1929 wall street crash.

The rich seem to already know what is happening and have already started buying the only things that will be worth anything when the crisis hits, and it will.

Last month the price of gold was just under 500 USD, which was the highest since 1987. This week it has pushed to 530 dollars which is a 25 year high and it looks as if it will climb even further.

So far I have yet to see any major news outlet report on the M3 data which means they are seriously ignorant of it or are choosing not to report it for some odd reason or I just haven't been looking hard enough.

I think within 6 months of them ceasing to report the M3 data we will see the first signs of a global recession as world leaders look like they are starting to panic


The only reason I can think of for this happening is a conspiracy so if you don't believe in conspiracies don't read any further:



The inevitable collapse in the world economy, plus the rising oil prices will cripple the world. World leaders will decide that it would be best if we all worked together and a global government will be formed who will miraculously find a solution to the problems and the citizens will all love the new government who were actually behind the crisis.

I predict a global government as early as 2009 if I am correct about this. Even if the news outlets know about this I doubt they will report it as I think they are in on it too. The people who own the news have no loyalty to anything except money and will probably be getting well paid for their contribution.

The only hope there is to spread the word is the internet but the US are planning to let the UN (who will probably be the global government) control over it. The UN has already decided to censor some of the internet. Their excuse is some websites (like stormfront) are illegal in some countries.

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