The world’s biggest banks have all rushed into an emergency meeting last week, and the urgency by which they were called has many worried.
The meetings are to take place in Washington D.C., and even Barack Obama has been called in to meet and discuss the apparent emergency that’s about to be unleashed on the world’s economies with the Federal Reserve.
While the meetings are likely to be behind closed doors, that hasn’t stopped watchful media organizations from figuring out what this emergency is all about.
Is the world economy on the brink of total collapse? Is big oil about to take a major fall? Whatever it is, its going to be major, judging by how quickly these meetings were called.
To see what the aforementioned websites think is behind all of this, continue reading on the next page:
Hopefully the show is about over
Ant – messiah
They don’t know what they’re doing, printing money can only last so long, especially when the BRICs want out of it.
Brian Franklin Renee Franklin
Right!!
Clearly they are discussing SCIENCE!
Isn’t it wonderful this site knows everything BEFORE it ever becomes news? Yawn
Haha ha hahahaha
This story is a few weeks old, and said, “Things are now deteriorating in the global economy so quickly, that it cannot be hidden from the public any longer” — in the time since then:
— Japan did not ease monetary policy
— The Fed did not lower policy, instead setting out its agenda for rate hikes
— Unemployment claims remain at generational lows
— US Q1 GDP came in above the low-end forecast of 0.1% given in the story
— Residential investment remains on the rise
So how does any of this calculate into a so-called ‘rapid deterioration’? Has the definition of the word ‘rapid’ or ‘deterioration’ been changed while I was gone? Or will people just believe any BS posted with a bunch of scary words?
How has it been tanking? How can “tanking” be applied in the case of our economy? Please explain