Crystal Ball

 
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Old 11-06-2008, 01:53 PM
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An economics teacher friend of mine up North recently uncovered a newsletter she rceived last Spring.... read on:

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I found a newsletter at home that I received in the mail back in spring. I don't remember reading it. I get so much that I set stuff aside and then forget about it. But, this one's a real killer. John Pugsley, Chairman of the Sovereign Society writes, "There's a fuse box buried deep within the U.S. Economy...and it's about to blow...When it does, the lights on the dimming U.S. economy will go black.... Deep in the shadows of the real economy lies an underground economy where the world's largest financial players conduct secret transactions worth trillions of dollars. These transactions are made far enough away from the headlines of the evening news, etc. ...A series of events have begun to unfold, which are about to short circuit the system and...we may bear witness to the largest financial upheaval since 1929....and then he goes on to write in great detail about derivatives and subprime CDOs and even names the banks holding the most.

Can you imagine reading this after everything has come to pass! It bothers me because either I opened it and didn't read it or I started to read it and thought he was just another crackpot selling his newsletter because he goes on to urge you to put your money where it will be protected .... offshore accounts, commodities, etc.
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Old 11-06-2008, 01:59 PM
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Quote:
Originally Posted by rshoffer View Post
An economics teacher friend of mine up North recently uncovered a newsletter she rceived last Spring.... read on:

.

I found a newsletter at home that I received in the mail back in spring. I don't remember reading it. I get so much that I set stuff aside and then forget about it. But, this one's a real killer. John Pugsley, Chairman of the Sovereign Society writes, "There's a fuse box buried deep within the U.S. Economy...and it's about to blow...When it does, the lights on the dimming U.S. economy will go black.... Deep in the shadows of the real economy lies an underground economy where the world's largest financial players conduct secret transactions worth trillions of dollars. These transactions are made far enough away from the headlines of the evening news, etc. ...A series of events have begun to unfold, which are about to short circuit the system and...we may bear witness to the largest financial upheaval since 1929....and then he goes on to write in great detail about derivatives and subprime CDOs and even names the banks holding the most.

Can you imagine reading this after everything has come to pass! It bothers me because either I opened it and didn't read it or I started to read it and thought he was just another crackpot selling his newsletter because he goes on to urge you to put your money where it will be protected .... offshore accounts, commodities, etc.

WOW...that is incredible !!! That would give you pause for sure when you read that and it is so accurate.

Your post prompted me to look up the Sovereign Society and save their website for some more reading later today. Thanks for supplying at least another point to read and try to get educated on this financial mess !
 


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