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Collapse Of Financial System Will Come In August, Maybe September: Market-Watchers

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Eleazar David Meléndez / International Business Times

Who said the dog days are over?

Disappointed by the lack of aggressive action by the U.S. Federal Reserve at the meeting of its powerful rate-setting committee last week, and assuming a wait-and-see posture on results from this week’s European summit, pessimistic market-watchers are turning once again to guessing when the clock atop the euro zone time-bomb will finally run to 0.

The consensus? The world economy has entered a final countdown with three months left, and investors should pencil in a collapse in either August or September.

continue at IBT:

http://www.ibtimes.com/articles/357971/20120629/economy-collapse-prediction-august-september.htm

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    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Total 10 comments
    • Laurie

      Don’t get scared, get MAD. Your money was wasted and stolen. The government has done this to all of us. Its past time to let them know who did this so give your opinion.

    • Anonymous

      RetiiredRogue…….Want to know where some of your $ went??? And why John Roberts,,,, Chief Justice of the Supreme Court changed ObamaCare so it would pass the Supreme Court???? Then google ””””’John Roberts, Vatican Bank”””” (remember he’s Catholic ) along with 4 others on the Courts.

    • Warrior55

      I am A Police Officer who lost his job in 2008, due to our dept. being disbanded. I have yet to find work of any kind. I have lived in Florida all of my life and recently my wife also lost her job. I cannot believe what is happening in this country and have been awakened since 9/11. Do not think for one minute that any Politician can right this nation, it is not going to happen. Please prepare yourselves and families for the times ahead. This is a systematic destruction of our Nation. God can but i doubt enough will awaken, in time

    • westside prepper

      any evil or corrupt money systems or goverments will fail its just a matter of time,is it august or september who knows but what is a fact its coming.
      when times are good nobody believes in god but when these bad times comes those same people curse god and blaim god for all of you like that LOOK IN THE MIRROR BECAUSE ITS YOUR FAULT

    • Joerg Klaemt

      History repeats itself ……..Once mighty Rom fell … Now its time for America.

    • Fake-it

      Certainly not BEFORE THE ELECTIONS!

    • Schnook

      Somehow I truly doubt that.

      Financial collapses always take considerably longer to unfold than conventional wisdom and even the most reasonable expectations would have us believe. The ‘end game’ has already been in progress for years now, and is likely to take years more to finally reach the inflection point.

      Most reasonable, attentive people can conclude that a collapse will happen, but no one has any clue what will be the final straw or when it will occur……there simply are too many wonderful candidates that could qualify as the ‘black swan’ event that concludes the madness that is debt-based, fiat currencies.

    • Shadow

      And the sky will be indigo tomorrow as well

    • MikeWon

      ‘…oh we of little faith…’ The writing has been on the wall long before the stains on a blue dress. We are encouraged to merely shore up our faith & the worries of the world will certainly pass.

    • Anonymous

      Sounds like it might happen. Of course some experts have been saying this about this time for the past 4 years. So we will see.
      Would not be suprised if it occured.

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