The Financial Crisis is Not Over, The Worst is Yet to Come

In this video Luke Rudkowski interviews Turd Ferguson of TF Metals Report about the future economic outlook and what people should do to prepare themselves.

Via WeAreChange

LukeRudkowski

Luke Rudkowski is an independent journalist, activist, live streamer and founder of WeAreChange.org.

11 Comments on "The Financial Crisis is Not Over, The Worst is Yet to Come"

  1. emperorreagan | Sep 16, 2013 at 1:51 pm |

    Hoard precious metals? Hoard dollars? Hordak?

  2. Thanx for yr input, “Spot”.

  3. Yes, “Turd Ferguson” certainly seems like a reliable source for financial projections . . .

  4. A Comment | Sep 16, 2013 at 8:19 pm |

    LOL there is no way this guy’s name is turd!!

  5. jasonpaulhayes | Sep 16, 2013 at 11:11 pm |

    We have a Turd in the Punchbowl… repeat, Turn in the Punchbowl !

  6. Charlie Primero | Sep 17, 2013 at 5:22 am |

    The July 2011 GAO report on the Federal Reserve lists the largest welfare queens. On page 131 they list the amounts dished out during the banking crisis:

    Citigroup – $2.513 trillion
    Morgan Stanley – $2.041 trillion
    Merrill Lynch – $1.949 trillion
    Bank of America – $1.344 trillion
    Barclays PLC – $868 billion
    Bear Sterns – $853 billion
    Goldman Sachs – $814 billion
    Royal Bank of Scotland – $541 billion
    JP Morgan Chase – $391 billion
    Deutsche Bank – $354 billion
    UBS – $287 billion
    Credit Suisse – $262 billion
    Lehman Brothers – $183 billion
    Bank of Scotland – $181 billion
    BNP Paribas – $175 billion
    Wells Fargo – $159 billion
    Dexia – $159 billion
    Wachovia – $142 billion
    Dresdner Bank – $135 billion
    Societe Generale – $124 billion
    “All Other Borrowers” – $2.639 trillion

    Meanwhile back in Springfield protests occur because some black kid got shot in Florida, or to make Kony famous.

  7. Ted Heistman | Sep 17, 2013 at 6:00 am |

    This is why everyone needs to switch to a “green” bootleg economy. Raise Backyard chickens and veggies, barter services and your fresh eggs. Barter guitar lessons for raw milk, stuff like that. Stockpiling guns and gold is the wrong approach. Things don’t have to go down like they did in the Balkans.

    • emperorreagan | Sep 17, 2013 at 8:28 am |

      I think this is really important.

      I was watching an interesting documentary a few nights ago where they made the point that in the past, as civilizations fell, there were always other ways of living and different civilizations. Right now, though, there’s a worldwide political monoculture in many ways, so there’s a lack of resiliency built into the system.

      It’s up to individuals and small groups to rebuild that resiliency.

      • Ted Heistman | Sep 17, 2013 at 9:23 am |

        Yeah, “resiliency” is a good word. Some people are already resilient. They are self employed with several streams of income and have diverse skills. I am trying to be like that myself.

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