David Lawrence Dewey
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Karma: 0 |  | Global Financial Crisis Is Beginning
« Thread Started on Apr 20, 2011, 12:47am » | |
A global financial crisis has begun because of the Japan nuclear accident. Here is why....
Japan not only manufactures cars, they supply nearly all car manufacturers worldwide with electronic parts for the cars they make.
Japan has shut down nearly all manufacturing facilities making parts for all of the major worldwide car manufacturers.
They provide chips and micro circuits also for many of the computer manufacturers as well.
Citi-Group Financial on April 17th has called a sell of all automobile stock. Reason, cars are not selling. People that have cars, even news ones are beginning not being able to get their cars repaired because of a shortage of parts already.
This will effect companies such as Seimans and other companies as well that depend on chips and microcircuits from Japan.
The other problem is the price of oil. There is already a global food shortage, but the price of oil is not only creating a problem for consumers, it is becoming too costly to plant the usual crops. Fisherman are not going out to fish as much because of the price of oil, i.e. fuel.
Because of the price of oil, the usual crops are not being planted, which will drive food costs even higher
and their will be shortages, much like the last Depression.
In July, corporations will file their quarterly earnings statements, etc. You will see drops in earnings. Gross Domestic Group in nearly all countries are already starting to decline and it will increase because of the the dependence on so much of technical and electronic parts from Japan.
Things are going to start to become very bad in the U.S. and other countries because the Japan crisis, there are areas of Japan that will not be habitable for 30 or more years. Some of these areas have factories in them.
You need to start preparing of stocking up on food, knowing how to protect yourself, how to stay warm in the coming winter because what is going to happen will affect services across the board. You'll have to learn to plant a garden, and even setup up a greenhouse near a window in your home during the winter to grow things.
Things are not going to be the same after July that people are used to. It is going to become a very different world than we know it today.
The handwriting is on the wall, learn to read the signs on when certain things happen, like Japan's manufacturing affects in a huge way companies that depend on them for many things. There are no backup systems fo replace what Japan provides and to make up for this loss will require building facilities to manufacture what Japan has lost the ability to produce. This is not a temporary problem in Japan, for at least 30-35 years.
The time is now to start to prepare to take care of yourself beginning in the FALL when things worldwide are going to start falling like dominoes.
Simply pay attention to what is going on in the coming months and really see the implications and damage those things are going to do in many areas of our lives.
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zmelli
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Karma: 0 | | Re: Global Financial Crisis Is Beginning
« Reply #1 on May 4, 2011, 4:09pm » | |
Just imagine what will happen if we have a Major quake, War in the middle East, $200 oil, or currency (Hint) problems. The Future is not looking very good Folks! Prepare
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inez
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Karma: 0 | | Re: Global Financial Crisis Is Beginning
« Reply #2 on Oct 25, 2011, 3:37pm » | |
The problem is too many people have not bee educating themselves with what the corporations have been doing with corrupted politicians for years. I hope Americans will finally realize they need to start educating themselves to prevent this corruption. We are as much to blame for allowing these things to happen. Japan is an example. The reactors were poorly constructed - all for GREED and now thousands of Japanese will die from cancer needlessly and their are reports coming in now of mutated fish in the ocean. Wake up people like Mr. Dewey says!
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luisadavies
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Karma: 0 | | Re: Global Financial Crisis Is Beginning
« Reply #3 on Apr 27, 2012, 3:39am » | |
What happened in Japan is a proof of greediness for many. Actually nuclear weapons should not be their priority because there are lots of national problem that must be resolved.
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