IT'S THE END OF YOUR WORLD & YOU KNOW IT (PT.4)

GREETINGS,

  THERE IS NOT MUCH MORE TO SAY ABOUT THE POWER COLLAPSE AND FALL OF THE ANGLO WORLD.WE SEE THESE THINGS. EVERYDAY PROVES THIS AND EVERY EVENT SHOWS THIS.

  I REFERR YOU IT’S THE END OF YOUR WORLD AND YOU KNOW IT PARTS 1, 2,& 3 .AND WHILE YOU READ THOSE FOCUSE ON WHAT IS BEING SAID HERE. THE TRUTH IS OUT IN THE OPEN AND BEING MANIFEST DAILY.——————————-

” Soros sees no bottom for world financial “collapse”

Reuters – May 14, 2010

Renowned investor George Soros said on Friday the world financial system has effectively disintegrated, adding that there is yet no prospect of a near-term resolution to the crisis.

Soros said the turbulence is actually more severe than during the Great Depression, comparing the current situation to the demise of the Soviet Union.

He said the bankruptcy of Lehman Brothers in September marked a turning point in the functioning of the market system.

“We witnessed the collapse of the financial system,” Soros said at a Columbia University dinner. “It was placed on life support, and it’s still on life support. There’s no sign that we are anywhere near a bottom.”

His comments echoed those made earlier at the same conference by Paul Volcker, a former Federal Reserve chairman who is now a top adviser to President Barack Obama.

Volcker said industrial production around the world was declining even more rapidly than in the United States, which is itself under severe strain.

“I don’t remember any time, maybe even in the Great Depression, when things went down quite so fast, quite so uniformly around the world,” Volcker said.

(Reporting by Pedro Nicolaci da Costa and Juan Lagorio; Editing by Gary Hill)

Source: www.reuters.com/article/newsOne/idUSTRE51K0A920090221?sp=true

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