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Meltdown Approaching – Repeat of 2008 on the Way – While We Make 50% in One Month!

Remember what happened in 2008? I hope so, because it’s about to happen again.  In March of 2008, Bear Stearns gave us a hint of the crash that was to come. Just one year earlier the stock had traded as high as $170/share…bu ...

Posted On February 22, 201110 MIN Read
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Remember what happened in 2008? I hope so, because it’s about to happen again. 

In March of 2008, Bear Stearns gave us a hint of the crash that was to come. Just one year earlier the stock had traded as high as $170/share…but by March 08 it came crashing down to near insolvency before getting a $10/share desperation buyout from JP Morgan. The fall of Bear was the first major shot across the bow. Within weeks we began to see mortgage co’s failing and closing their doors in record numbers. Shortly thereafter it was AIG, GM, Fannie and Freddie, Merrill Lynch, etc…and of course the massive bankruptcy of Lehman Brothers in September…you know, the one that nearly brought the entire global economy down. Good thing we spent trillions to bail the system out…otherwise the bankers wouldn’t have received those record bonuses just one year later. Whhooo…crisis averted!

No one living has ever witnessed anything of this magnitude, because…well…nothing like this had ever happened before.

In the t...

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